Ondas (XSWX:ONDS) Enterprise Value: CHF3,022.7 Mil (As of Aug. 20, 2026) ***

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XSWX:ONDS Ondas Inc XSWX:ONDS
68 GF Score
Price CHF7.18
GF Value CHF4.02
! 9 Warning Signs
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What is Ondas Enterprise Value?

Ondas XSWX:ONDS -0.91% 68 Enterprise Value is CHF3,022.7 Mil as of Aug. 20, 2026. GuruFocus rates XSWX:ONDS with a GF Score™ of 68/100 and a GF Value™ of CHF4.02. The stock has 9 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ondas's Enterprise Value is CHF3,022.7 Mil. Ondas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was CHF105.6 Mil. Therefore, Ondas's EV-to-EBIT ratio for today is 28.61.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ondas's Enterprise Value is CHF3,022.7 Mil. Ondas's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was CHF130.4 Mil. Therefore, Ondas's EV-to-EBITDA ratio for today is 23.18.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ondas's Enterprise Value is CHF3,022.7 Mil. Ondas's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was CHF138.5 Mil. Therefore, Ondas's EV-to-Revenue ratio for today is 21.83.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Ondas's Enterprise Value is CHF3,022.7 Mil. Ondas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was CHF-128.1 Mil. Therefore, Ondas's EV-to-OCF ratio for today is -23.60.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Ondas's Enterprise Value is CHF3,022.7 Mil. Ondas's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was CHF-136.8 Mil. Therefore, Ondas's EV-to-FCF ratio for today is -22.10.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Ondas  (XSWX:ONDS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Ondas's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3022.690/105.636
=28.61

Ondas's current Enterprise Value is CHF3,022.7 Mil.
Ondas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF105.6 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Ondas's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3022.690/130.412
=23.18

Ondas's current Enterprise Value is CHF3,022.7 Mil.
Ondas's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF130.4 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Ondas's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3022.690/138.454
=21.83

Ondas's current Enterprise Value is CHF3,022.7 Mil.
Ondas's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF138.5 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Ondas's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3022.690/-128.056
=-23.60

Ondas's current Enterprise Value is CHF3,022.7 Mil.
Ondas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-128.1 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Ondas's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3022.690/-136.8
=-22.10

Ondas's current Enterprise Value is CHF3,022.7 Mil.
Ondas's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-136.8 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.


Ondas Enterprise Value Related Terms


Ondas Enterprise Value Historical Data

* Premium members only.

The historical data trend for Ondas's Enterprise Value 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.

Ondas Enterprise Value Chart

Ondas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Ondas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value 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 0.00 0.00 0.00 0.00 0.00

XSWX:ONDS vs BDC, EXTR, VISN: Enterprise Value Comparison

For the Communication Equipment subindustry, Ondas's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Ondas Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, Ondas's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Ondas's Enterprise Value falls into.


XSWX:ONDS
68GF Score
Ondas Inc XSWX:ONDS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ondas Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Ondas's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Ondas's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of CHF3,022.7 Mil mean?
Ondas (XSWX:ONDS) has a Enterprise Value of CHF3,022.7 Mil as of Aug. 20, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ondas and its competitors.
Is Ondas' Enterprise Value too high?
Ondas' current Enterprise Value is CHF3,022.7 Mil. Overall, Ondas has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Ondas' Enterprise Value compare to BDC and EXTR?
Ondas' Enterprise Value of CHF3,022.7 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Hardware company?
A good Enterprise Value depends on the Hardware industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ondas and its competitors. Ondas's current Enterprise Value is CHF3,022.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ondas stock overvalued right now?
Ondas (XSWX:ONDS) has a current Enterprise Value of CHF3,022.7 Mil. The stock's GF Value™ is CHF4.02, compared to a current price of CHF7.18 — trading 78.5% above its estimated fair value. The current Enterprise Value is CHF3,022.7 Mil. Ondas' overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Ondas (XSWX:ONDS), the current Enterprise Value is CHF3,022.7 Mil as of Aug. 20, 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 Ondas (XSWX:ONDS) Overvalued in 2026?

Based on GuruFocus' analysis, Ondas stock appears to be overvalued. The current stock price of CHF7.18 is trading 78.5% above its estimated GF Value™ of CHF4.02.

Key valuation signals for XSWX:ONDS:

  • Enterprise Value: CHF3,022.7 Mil
  • GF Value™: CHF4.02 vs. price of CHF7.18 (78.5% above fair value)
  • GF Score™: 68/100 with 9 warning signs

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


Ondas Business Description

Address 222 Lakeview Avenue, Suite 800, West Palm Beach, FL, USA, 33401
Ondas Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. The company operates in two business segments namely Ondas Networks and Ondas Autonomous Systems. The company generates maximum revenue from Ondas Autonomous Systems through the sales of the Optimus system and separately priced support, maintenance, and ancillary services related to the sale of the Optimus system. Geographically, the company operates in Israel, Germany, United Arab Emirates, United States, and Other Countries. It derives maximum revenue from Israel.
68GF Score

Get the complete analysis for XSWX:ONDS

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

CHF7.18
Price
CHF4.02
GF Value