MDU vs ONDS

Comparison between MDU Resources Group Inc (MDU, Company) and Ondas Holdings Inc (ONDS, Company).

MDU is from the Utilities sector, while ONDS is from the Technology sector.

5-Year PerformanceMDU has outperformed ONDS, delivering a return of +13.9% compared to +2.7%

MDU vs ONDS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MDU(COMPANY)	ONDS(COMPANY)
Market Cap	$4.34B	$4.37B
Max Drawdown	62.64%	98.28%
Sharpe Ratio	1.10	2.06
5Y Beta	0.51	2.42
Industry	Utilities - Regulated Gas	Communication Equipment
P/E Ratio	22.21	21.33
Forward P/E	21.69	53.19
PEG Ratio	2.75	N/A
Dividend Yield	2.62%	N/A
5Y Dividends CAGR	16.52%	N/A
5Y EPS CAGR	5.83%	N/A
Debt to Equity	89.40%	0.05%
Free Cash Flow Yield	9.33%	-1.98%
P/S Ratio	2.43	49.84
P/B Ratio	1.54	4.48

Market Cap

MDU

$4.34B

Winner

ONDS

$4.37B

Max Drawdown

Winner

MDU

62.64%

ONDS

98.28%

Sharpe Ratio

MDU

1.10

Winner

ONDS

2.06

5Y Beta

Winner

MDU

0.51

ONDS

2.42

Industry

MDU

Utilities - Regulated Gas

ONDS

Communication Equipment

P/E Ratio

MDU

22.21

Winner

ONDS

21.33

Forward P/E

Winner

MDU

21.69

ONDS

53.19

PEG Ratio

MDU

2.75

ONDS

N/A

Dividend Yield

MDU

2.62%

ONDS

N/A

5Y Dividends CAGR

MDU

16.52%

ONDS

N/A

5Y EPS CAGR

MDU

5.83%

ONDS

N/A

Debt to Equity

MDU

89.40%

Winner

ONDS

0.05%

Free Cash Flow Yield

Winner

MDU

9.33%

ONDS

-1.98%

P/S Ratio

Winner

MDU

2.43

ONDS

49.84

P/B Ratio

Winner

MDU

1.54

ONDS

4.48

MDU vs ONDS - Historical Returns

Returns include dividend reinvestment.

Period	MDU	ONDS
1 month	-6.73%	+3.21%
3 months	+1.71%	-9.68%
6 months	+9.23%	+6.63%
1 year	+30.54%	+445.61%
5 years(CAGR)	+13.94%	+2.66%
10 years(CAGR)	+12.38%	N/A
Max(CAGR)	+9.63%	-4.73%

MDU

-6.73%

Winner

ONDS

+3.21%

Winner

MDU

+1.71%

ONDS

-9.68%

Winner

MDU

+9.23%

ONDS

+6.63%

MDU

+30.54%

Winner

ONDS

+445.61%

5Y(CAGR)

Winner

MDU

+13.94%

ONDS

+2.66%

10Y(CAGR)

MDU

+12.38%

ONDS

N/A

Max(CAGR)

Winner

MDU

+9.63%

ONDS

-4.73%

MDU vs ONDS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MDU	ONDS
2026	+7.69%	-15.34%
2025	+12.26%	+271.10%
2024	+68.79%	+40.66%
2023	-2.47%	-0.65%
2022	+2.01%	-76.72%
2021	+23.38%	-23.84%
2020	-6.58%	-22.25%
2019	+29.95%	+0.00%
2018	-8.11%	+33.33%
2017	-3.41%	N/A
2016	+63.31%	N/A
2015	-20.60%	N/A
2014	-19.73%	N/A
2013	+44.41%	N/A
2012	+1.82%	N/A
2011	+7.36%	N/A
2010	-12.46%	N/A
2009	+8.57%	N/A
2008	-19.86%	N/A
2007	+10.19%	N/A
2006	+16.10%	N/A
2005	+27.28%	N/A
2004	+14.17%	N/A
2003	+40.69%	N/A
2002	-3.98%	N/A
2001	-8.91%	N/A
2000	+70.65%	N/A
1999	-14.76%	N/A

MDU vs ONDS Drawdown Comparison

The maximum drawdown for MDU was -62.15%, occurring on Mar 9, 2009. Recovery took 1280 trading sessions.

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

The current MDU drawdown is -6.77%. The current ONDS drawdown is -52.15%.

Rank	MDU	ONDS
#1	-62.15% Jul 1, 2008 - Aug 1, 2013	-98.28% Mar 14, 2019 - Oct 25, 2023
#2	-52.77% Apr 24, 2014 - Jan 23, 2020	N/A
#3	-52.04% Apr 26, 2001 - Jul 16, 2004	N/A
#4	-51.39% Feb 20, 2020 - Mar 10, 2021	N/A
#5	-25.25% May 7, 2021 - Jul 24, 2023	N/A
#6	-23.60% Nov 2, 1999 - Jul 13, 2000	N/A
#7	-21.47% Nov 26, 2024 - Oct 23, 2025	N/A
#8	-20.47% Apr 25, 2007 - May 13, 2008	N/A
#9	-18.88% Jul 26, 2023 - Mar 7, 2024	N/A
#10	-15.91% Dec 28, 2000 - Mar 27, 2001	N/A
#11	-14.30% Oct 3, 2005 - Apr 21, 2006	N/A
#12	-13.11% Aug 2, 2013 - Oct 22, 2013	N/A
#13	-11.36% Aug 18, 2006 - Oct 24, 2006	N/A
#14	-11.33% Jul 26, 2024 - Sep 13, 2024	N/A
#15	-9.99% Oct 18, 2024 - Nov 6, 2024	N/A

Correlation

Correlation between MDU and ONDS is -0.32 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.32

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