Onde (WAR:OND) EV-to-EBITDA: 11.02 (As of Aug. 11, 2026) — 16% Below Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:OND Onde SA WAR:OND
81 GF Score
Price zł9.21
GF Value zł9.48
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Onde EV-to-EBITDA?

Onde WAR:OND -1.50% 81 EV-to-EBITDA is 11.02 as of Aug. 11, 2026, which is 16% below its 10-year median of 13.07. GuruFocus rates WAR:OND with a GF Score™ of 81/100 and a GF Value™ of zł9.48 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,484 Construction companies, Onde ranks worse than 60.44% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Onde's enterprise value is zł594.4 Mil. Onde's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł53.9 Mil. Therefore, Onde's EV-to-EBITDA for today is 11.02.

The historical rank and industry rank for Onde's EV-to-EBITDA or its related term are showing as below:

WAR:OND' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.2   Med: 13.07   Max: 38.5
Current: 11.03

During the past 9 years, the highest EV-to-EBITDA of Onde was 38.50. The lowest was 7.20. And the median was 13.07.

WAR:OND's EV-to-EBITDA is ranked worse than
60.44% of 1484 companies
in the Construction industry
Industry Median: 8.92 vs WAR:OND: 11.03

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-11), Onde's stock price is zł9.21. Onde's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł0.367. Therefore, Onde's PE Ratio (TTM) for today is 25.10.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Onde  (WAR:OND) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Onde's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.21/0.367
=25.10

Onde's share price for today is zł9.21.
Onde's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was zł0.367.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Onde EV-to-EBITDA Related Terms


Onde EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Onde's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Onde EV-to-EBITDA Chart

Onde Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 11.30 23.57 15.67 10.29 9.35

Onde Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.82 13.62 9.71 9.35 10.71

WAR:OND vs PWR, FIX, EME: EV-to-EBITDA Comparison

For the Engineering & Construction subindustry, Onde's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Onde EV-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Onde's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Onde's EV-to-EBITDA falls into.


WAR:OND
81GF Score
Onde SA WAR:OND
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onde EV-to-EBITDA Calculation

Onde's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=594.367/53.911
=11.02

Onde's current Enterprise Value is zł594.4 Mil.
Onde's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was zł53.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 11.02 mean?
Onde (WAR:OND) has a EV-to-EBITDA of 11.02 as of Aug. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Onde. This is 16% below median its historical median of 13.07. Over the past decade, Onde's EV-to-EBITDA has ranged from 7.20 to 38.50. According to the industry distribution chart, Onde ranks #897 out of 1484 companies in the Construction industry, placing it in the top 60.4%.
Is Onde's EV-to-EBITDA too high?
Onde's current EV-to-EBITDA of 11.02 is 16% below median its 10-year median of 13.07. Over the past 10 years, this metric has ranged from a low of 7.20 to a high of 38.50. The Construction industry median EV-to-EBITDA is 8.92. Onde's value of 11.02 is 23.5% above this industry median. Based on the distribution chart, Onde ranks #897 out of 1484 companies in the Construction industry, which is below the industry midpoint. Overall, Onde has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Onde's EV-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Onde ranks #897 out of 1484 companies for EV-to-EBITDA. This places Onde in the lower half of its industry. The industry median EV-to-EBITDA is 8.92. Onde's value of 11.02 is 23.5% above this benchmark. Historically, Onde's own EV-to-EBITDA has ranged from 7.20 to 38.50 over the past decade. While the company's 10-year median is 13.07 vs. the industry median of 8.92, Onde has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Construction company?
The median EV-to-EBITDA among Construction companies is 8.92, based on 1,484 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onde's current EV-to-EBITDA of 11.02 is 23.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Onde. For the Construction industry, the median EV-to-EBITDA is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onde's current EV-to-EBITDA is 11.02, which is 16% below median its own 10-year median of 13.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onde stock overvalued right now?
Based on GuruFocus' analysis, Onde (WAR:OND) is currently considered Fairly Valued. The stock's GF Value™ is zł9.48, compared to a current price of zł9.21 — trading 2.8% below its estimated fair value. The current EV-to-EBITDA is 11.02, which is 16% below median its 10-year median of 13.07 and 23.5% above the Construction industry median of 8.92. Onde's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Onde (WAR:OND), the current EV-to-EBITDA is 11.02 as of Aug. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Onde (WAR:OND) Overvalued in 2026?

Based on GuruFocus' analysis, Onde stock appears to be undervalued. The current stock price of zł9.21 is trading 2.8% below its estimated GF Value™ of zł9.48. GuruFocus considers Onde to be Fairly Valued.

Key valuation signals for WAR:OND:

  • EV-to-EBITDA: 11.02 (16% below median its 10-year median of 13.07)
  • GF Value™: zł9.48 vs. price of zł9.21 (2.8% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 23.5% above the Construction median (#897 of 1484)

No single metric tells the full story. See the WAR:OND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onde Business Description

Other Exchanges 0XF:Germany
Address ul. Wapienna 40, Torun, POL, 87-100
Onde SA is a general contractor for wind farms and PV projects, and carries out a range of projects and services for industries and the power sector in Poland and internationally. It generates wind energy, operates solar farms, and is also engaged in engineering construction, road construction, and operation and maintenance services.
81GF Score

Get the complete analysis for WAR:OND

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł9.21
Price
zł9.48
GF Value