WallStSmart

Nokia Corp ADR (NOK)vsOndas Holdings Inc. (ONDS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Nokia Corp ADR generates 11614% more annual revenue ($20.39B vs $174.10M). ONDS leads profitability with a 96.3% profit margin vs 3.5%. ONDS earns a higher WallStSmart Score of 50/100 (C-).

NOK

Hold

44

out of 100

Grade: D

Growth: 3.3Profit: 5.0Value: 5.0Quality: 7.0
Piotroski: 4/9Altman Z: 1.65

ONDS

Buy

50

out of 100

Grade: C-

Growth: 8.0Profit: 5.5Value: 5.0Quality: 7.0
Piotroski: 5/9Altman Z: 0.23

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NOK4 strengths · Avg: 8.5/10
Market CapQuality
$62.31B9/10

Large-cap with strong market position

Debt/EquityHealth
0.169/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.908/10

Growing faster than its price suggests

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

ONDS5 strengths · Avg: 9.4/10
Profit MarginProfitability
96.3%10/10

Keeps 96 of every $100 in revenue as profit

Revenue GrowthGrowth
1235.0%10/10

Revenue surging 1235.0% year-over-year

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

Return on EquityProfitability
22.7%9/10

Every $100 of equity generates 23 in profit

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

NOK4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.654/10

Distress zone — elevated risk

Return on EquityProfitability
3.3%3/10

ROE of 3.3% — below average capital efficiency

Profit MarginProfitability
3.5%3/10

3.5% margin — thin

P/E RatioValuation
79.5x2/10

Premium valuation, high expectations priced in

ONDS4 concerns · Avg: 2.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Free Cash FlowQuality
$-93.84M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.232/10

Distress zone — elevated risk

Operating MarginProfitability
-166.3%1/10

Operating margin of -166.3%

Comparative Analysis Report

WallStSmart Research

Bull Case : NOK

The strongest argument for NOK centers on Market Cap, Debt/Equity, PEG Ratio. PEG of 0.90 suggests the stock is reasonably priced for its growth.

Bull Case : ONDS

The strongest argument for ONDS centers on Profit Margin, Revenue Growth, Debt/Equity. Profitability is solid with margins at 96.3% and operating margin at -166.3%. Revenue growth of 1235.0% demonstrates continued momentum.

Bear Case : NOK

The primary concerns for NOK are Altman Z-Score, Return on Equity, Profit Margin. A P/E of 79.5x leaves little room for execution misses. Thin 3.5% margins leave little buffer for downturns.

Bear Case : ONDS

The primary concerns for ONDS are EPS Growth, Free Cash Flow, Altman Z-Score.

Key Dynamics to Monitor

NOK profiles as a value stock while ONDS is a growth play — different risk/reward profiles.

ONDS carries more volatility with a beta of 2.74 — expect wider price swings.

ONDS is growing revenue faster at 1235.0% — sustainability is the question.

ONDS generates stronger free cash flow (-94M), providing more financial flexibility.

Bottom Line

ONDS scores higher overall (50/100 vs 44/100), backed by strong 96.3% margins and 1235.0% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Nokia Corp ADR

TECHNOLOGY · COMMUNICATION EQUIPMENT · USA

Nokia Corporation offers fixed and mobile network solutions globally. The company is headquartered in Espoo, Finland.

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Ondas Holdings Inc.

TECHNOLOGY · COMMUNICATION EQUIPMENT · USA

Ondas Holdings Inc. designs, develops, manufactures, sells, and supports the FullMAX software-defined radio (SDR) platform in the United States and internationally. The company is headquartered in Nantucket, Massachusetts.

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