Using the industry peer median EV/Revenue multiple (trailing + forward), Ondas Holdings Inc. (ONDS) has a fair value of $4.85 based on 10 comparable companies in the Communication Equipment industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Ondas Holdings Inc.ONDS | 2,089 | 29.7x | 4.0x |
| Applied Optoelectronics, Inc. | 8,080 | 17.6x | 32.2x |
| Vishay Intertechnology, Inc. | 2,547 | 1.0x | 1.0x |
| CSG Systems International, Inc. | 2,283 | 2.2x | 2.3x |
| Knowles Corporation | 2,215 | 3.9x | 3.0x |
| Extreme Networks, Inc. | 2,076 | 1.8x | 1.8x |
| Clarivate Plc | 1,589 | 2.3x | 2.2x |
| Daqo New Energy Corp. | 1,399 | 0.6x | 0.4x |
| WEBTOON Entertainment Inc. Common stock | 1,321 | 0.6x | 0.6x |
| BigBear.ai Holdings, Inc. | 1,259 | 9.4x | 8.2x |
| C3.ai, Inc. | 1,244 | 2.8x | 4.4x |
| Industry Median | 2.3x | 2.3x | |
| (*) Revenue | 51 | 379 | |
| = Enterprise Value | 115 | 871 | |
| (-) Net Debt | -582 | -582 | |
| Equity Value | 697 | 1,453 | |
| (/) Outstanding shares | 222 | 222 | |
| Fair Price | $3 | $7 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.