INDB vs ONDS

Comparison between Independent Bank Corp (INDB, Company) and Ondas Holdings Inc (ONDS, Company).

INDB is from the Financial Services sector, while ONDS is from the Technology sector.

5-Year PerformanceINDB has outperformed ONDS, delivering a return of +5.6% compared to +3.0%

INDB vs ONDS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INDB(COMPANY)	ONDS(COMPANY)
Market Cap	$4.16B	$4.16B
Max Drawdown	70.36%	98.28%
Sharpe Ratio	1.25	1.42
5Y Beta	0.97	2.51
Industry	Banks - Regional	Communication Equipment
P/E Ratio	16.93	20.32
Forward P/E	11.85	62.89
PEG Ratio	1.21	N/A
Dividend Yield	2.93%	N/A
5Y Dividends CAGR	10.16%	N/A
5Y EPS CAGR	4.16%	N/A
Debt to Equity	0.00%	0.05%
Free Cash Flow Yield	8.15%	-2.08%
P/S Ratio	4.30	51.56
P/B Ratio	1.16	3.96

Market Cap

Winner

INDB

$4.16B

ONDS

$4.16B

Max Drawdown

Winner

INDB

70.36%

ONDS

98.28%

Sharpe Ratio

INDB

1.25

Winner

ONDS

1.42

5Y Beta

Winner

INDB

0.97

ONDS

2.51

Industry

INDB

Banks - Regional

ONDS

Communication Equipment

P/E Ratio

Winner

INDB

16.93

ONDS

20.32

Forward P/E

Winner

INDB

11.85

ONDS

62.89

PEG Ratio

INDB

1.21

ONDS

N/A

Dividend Yield

INDB

2.93%

ONDS

N/A

5Y Dividends CAGR

INDB

10.16%

ONDS

N/A

5Y EPS CAGR

INDB

4.16%

ONDS

N/A

Debt to Equity

Winner

INDB

0.00%

ONDS

0.05%

Free Cash Flow Yield

Winner

INDB

8.15%

ONDS

-2.08%

P/S Ratio

Winner

INDB

4.30

ONDS

51.56

P/B Ratio

Winner

INDB

1.16

ONDS

3.96

INDB vs ONDS - Historical Returns

Returns include dividend reinvestment.

Period	INDB	ONDS
1 month	+0.13%	+28.24%
3 months	+10.11%	-1.17%
6 months	+0.69%	-3.82%
1 year	+34.60%	+171.43%
5 years(CAGR)	+5.57%	+3.03%
10 years(CAGR)	+8.14%	N/A
Max(CAGR)	+9.98%	-4.66%

INDB

+0.13%

Winner

ONDS

+28.24%

Winner

INDB

+10.11%

ONDS

-1.17%

Winner

INDB

+0.69%

ONDS

-3.82%

INDB

+34.60%

Winner

ONDS

+171.43%

5Y(CAGR)

Winner

INDB

+5.57%

ONDS

+3.03%

10Y(CAGR)

INDB

+8.14%

ONDS

N/A

Max(CAGR)

Winner

INDB

+9.98%

ONDS

-4.66%

INDB vs ONDS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	INDB	ONDS
2026	+16.41%	-15.52%
2025	+19.78%	+271.10%
2024	+2.44%	+40.66%
2023	-17.02%	-0.65%
2022	+3.94%	-76.72%
2021	+15.04%	-23.84%
2020	-9.78%	-22.25%
2019	+18.14%	+0.00%
2018	+3.24%	+33.33%
2017	+1.19%	N/A
2016	+58.20%	N/A
2015	+13.16%	N/A
2014	+14.22%	N/A
2013	+34.53%	N/A
2012	+6.28%	N/A
2011	-0.44%	N/A
2010	+31.22%	N/A
2009	-17.19%	N/A
2008	+3.50%	N/A
2007	-22.69%	N/A
2006	+25.42%	N/A
2005	-11.86%	N/A
2004	+21.49%	N/A
2003	+24.60%	N/A
2002	+6.74%	N/A
2001	+81.79%	N/A
2000	+2.42%	N/A
1999	-5.83%	N/A

INDB vs ONDS Drawdown Comparison

The maximum drawdown for INDB was -68.87%, occurring on Mar 9, 2009. Recovery took 1526 trading sessions.

The maximum drawdown for ONDS was -98.28%, occurring on Oct 25, 2023. This drawdown has not yet recovered.

The current INDB drawdown is -3.84%. The current ONDS drawdown is -52.26%.

Rank	INDB	ONDS
#1	-68.87% Dec 27, 2006 - Jan 22, 2013	-98.28% Mar 14, 2019 - Oct 25, 2023
#2	-52.59% Mar 12, 2021 - Feb 3, 2026	N/A
#3	-42.91% Sep 7, 2018 - Feb 24, 2021	N/A
#4	-33.80% Apr 16, 2002 - Aug 12, 2003	N/A
#5	-31.92% Nov 3, 1999 - Aug 11, 2000	N/A
#6	-30.44% Sep 20, 2000 - Feb 13, 2001	N/A
#7	-29.03% Dec 1, 2004 - Nov 15, 2006	N/A
#8	-27.91% Aug 21, 2001 - Nov 20, 2001	N/A
#9	-20.30% Nov 27, 2015 - Aug 5, 2016	N/A
#10	-17.28% Feb 10, 2004 - Sep 9, 2004	N/A
#11	-15.54% Jan 4, 2017 - Jul 21, 2017	N/A
#12	-14.30% Feb 6, 2026 - Jul 1, 2026	N/A
#13	-13.73% Jul 20, 2015 - Nov 6, 2015	N/A
#14	-13.47% Apr 1, 2014 - Oct 31, 2014	N/A
#15	-12.73% Dec 30, 2014 - Mar 16, 2015	N/A