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OndasXSWX:ONDS -0.91%68 Equity-to-Asset is 0.52 as of Jun. 2026, which is 117% above its 10-year median of 0.24. 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. Among 2,500 Hardware companies, Ondas ranks worse than 56.56% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ondas's Total Stockholders Equity for the quarter that ended in Jun. 2026 was CHF1,254.9 Mil. Ondas's Total Assets for the quarter that ended in Jun. 2026 was CHF2,392.7 Mil.
Therefore, Ondas's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.52.
The historical rank and industry rank for Ondas's Equity-to-Asset or its related term are showing as below:
XSWX:ONDS'
s Equity-to-Asset Range Over the Past 10 Years
Min: -10.5 Med: 0.24 Max: 0.96
Current: 0.52
During the past 11 years, the highest Equity to Asset Ratio of Ondas was 0.96. The lowest was -10.50. And the median was 0.24.
XSWX:ONDS's Equity-to-Asset is ranked worse than 56.56% of 2500
companies
in the Hardware industry
Industry Median: 0.57
vs XSWX:ONDS: 0.52
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Ondas Equity-to-Asset Related Terms
Ondas Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Ondas's Equity-to-Asset 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.
XSWX:ONDS vs BDC, EXTR, VISN: Equity-to-Asset Comparison
For the Communication Equipment subindustry, Ondas's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Ondas's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ondas's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Ondas's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Ondas (XSWX:ONDS) has a Equity-to-Asset of 0.52 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ondas and its competitors. This is 117% above median its historical median of 0.24. According to the industry distribution chart, Ondas ranks #1414 out of 2500 companies in the Hardware industry, placing it in the top 56.6%.
Is Ondas' Equity-to-Asset too high?
Ondas' current Equity-to-Asset of 0.52 is 117% above median its 10-year median of 0.24. The Hardware industry median Equity-to-Asset is 0.57. Ondas' value of 0.52 is 8.8% below this industry median. Based on the distribution chart, Ondas ranks #1414 out of 2500 companies in the Hardware industry, which is below the industry midpoint. Overall, Ondas has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Ondas' Equity-to-Asset compare to BDC and EXTR?
According to the Hardware industry distribution chart, Ondas ranks #1414 out of 2500 companies for Equity-to-Asset. This places Ondas in the lower half of its industry. The industry median Equity-to-Asset is 0.57. Ondas' value of 0.52 is 8.8% below this benchmark. While the company's 10-year median is 0.24 vs. the industry median of 0.57, Ondas has consistently been below 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 Equity-to-Asset for a Hardware company?
The median Equity-to-Asset among Hardware companies is 0.57, based on 2,500 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ondas's current Equity-to-Asset of 0.52 is 8.8% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ondas and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ondas's current Equity-to-Asset is 0.52, which is 117% above median its own 10-year median of 0.24. 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 Equity-to-Asset of 0.52. 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 Equity-to-Asset is 0.52, which is 117% above median its 10-year median of 0.24 and 8.8% below the Hardware industry median of 0.57. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Ondas (XSWX:ONDS), the current Equity-to-Asset is 0.52 as of Jun. 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:
Equity-to-Asset: 0.52 (117% above median its 10-year median of 0.24)
GF Value™: CHF4.02 vs. price of CHF7.18 (78.5% above fair value)
Industry Position: 8.8% below the Hardware median (#1414 of 2500)
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 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
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