ONDS vs INDB

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

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

5-Year PerformanceINDB has outperformed ONDS, delivering a return of +5.8% compared to +4.4%

ONDS vs INDB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ONDS(COMPANY)	INDB(COMPANY)
Market Cap	$4.16B	$4.16B
Max Drawdown	98.28%	70.36%
Sharpe Ratio	1.42	1.25
5Y Beta	2.56	0.97
Industry	Communication Equipment	Banks - Regional
P/E Ratio	20.32	16.93
Forward P/E	64.10	11.85
PEG Ratio	N/A	1.21
Dividend Yield	N/A	2.93%
5Y Dividends CAGR	N/A	10.16%
5Y EPS CAGR	N/A	4.16%
Debt to Equity	0.05%	0.00%
Free Cash Flow Yield	-2.08%	8.15%
P/S Ratio	51.56	4.30
P/B Ratio	3.96	1.16

Market Cap

ONDS

$4.16B

Winner

INDB

$4.16B

Max Drawdown

ONDS

98.28%

Winner

INDB

70.36%

Sharpe Ratio

Winner

ONDS

1.42

INDB

1.25

5Y Beta

ONDS

2.56

Winner

INDB

0.97

Industry

ONDS

Communication Equipment

INDB

Banks - Regional

P/E Ratio

ONDS

20.32

Winner

INDB

16.93

Forward P/E

ONDS

64.10

Winner

INDB

11.85

PEG Ratio

ONDS

N/A

INDB

1.21

Dividend Yield

ONDS

N/A

INDB

2.93%

5Y Dividends CAGR

ONDS

N/A

INDB

10.16%

5Y EPS CAGR

ONDS

N/A

INDB

4.16%

Debt to Equity

ONDS

0.05%

Winner

INDB

0.00%

Free Cash Flow Yield

ONDS

-2.08%

Winner

INDB

8.15%

P/S Ratio

ONDS

51.56

Winner

INDB

4.30

P/B Ratio

ONDS

3.96

Winner

INDB

1.16

ONDS vs INDB - Historical Returns

Returns include dividend reinvestment.

Period	ONDS	INDB
1 month	+40.37%	+2.25%
3 months	+8.08%	+11.78%
6 months	+8.92%	+4.69%
1 year	+127.74%	+31.78%
5 years(CAGR)	+4.39%	+5.82%
10 years(CAGR)	N/A	+8.32%
Max(CAGR)	-4.06%	+10.05%

Winner

ONDS

+40.37%

INDB

+2.25%

ONDS

+8.08%

Winner

INDB

+11.78%

Winner

ONDS

+8.92%

INDB

+4.69%

Winner

ONDS

+127.74%

INDB

+31.78%

5Y(CAGR)

ONDS

+4.39%

Winner

INDB

+5.82%

10Y(CAGR)

ONDS

N/A

INDB

+8.32%

Max(CAGR)

ONDS

-4.06%

Winner

INDB

+10.05%

ONDS vs INDB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ONDS	INDB
2026	-11.34%	+18.50%
2025	+271.10%	+19.78%
2024	+40.66%	+2.44%
2023	-0.65%	-17.02%
2022	-76.72%	+3.94%
2021	-23.84%	+15.04%
2020	-22.25%	-9.78%
2019	+0.00%	+18.14%
2018	+33.33%	+3.24%
2017	N/A	+1.19%
2016	N/A	+58.20%
2015	N/A	+13.16%
2014	N/A	+14.22%
2013	N/A	+34.53%
2012	N/A	+6.28%
2011	N/A	-0.44%
2010	N/A	+31.22%
2009	N/A	-17.19%
2008	N/A	+3.50%
2007	N/A	-22.69%
2006	N/A	+25.42%
2005	N/A	-11.86%
2004	N/A	+21.49%
2003	N/A	+24.60%
2002	N/A	+6.74%
2001	N/A	+81.79%
2000	N/A	+2.42%
1999	N/A	-5.83%

ONDS vs INDB Drawdown Comparison

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

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

The current ONDS drawdown is -49.90%. The current INDB drawdown is -2.11%.

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