WallStSmart

Ondas Holdings Inc. (ONDS)vsTurtle Beach Corporation (TBCH)

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Smart Verdict

WallStSmart Research — data-driven comparison

Turtle Beach Corporation generates 71% more annual revenue ($297.77M vs $174.10M). ONDS leads profitability with a 96.3% profit margin vs -1.1%. ONDS earns a higher WallStSmart Score of 50/100 (C-).

ONDS

Buy

50

out of 100

Grade: C-

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

TBCH

Hold

37

out of 100

Grade: F

Growth: 4.0Profit: 3.5Value: 6.0Quality: 6.5
Piotroski: 5/9Altman Z: 1.92

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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
1.5x8/10

Reasonable price relative to book value

TBCH1 strengths · Avg: 8.0/10
PEG RatioValuation
0.988/10

Growing faster than its price suggests

Areas to Watch

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%

TBCH4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.924/10

Grey zone — moderate risk

Market CapQuality
$293.36M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
1.1%3/10

ROE of 1.1% — below average capital efficiency

Revenue GrowthGrowth
-0.7%2/10

Revenue declined 0.7%

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : TBCH

The strongest argument for TBCH centers on PEG Ratio. PEG of 0.98 suggests the stock is reasonably priced for its growth.

Bear Case : ONDS

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

Bear Case : TBCH

The primary concerns for TBCH are Altman Z-Score, Market Cap, Return on Equity.

Key Dynamics to Monitor

ONDS profiles as a growth stock while TBCH is a turnaround play — different risk/reward profiles.

ONDS carries more volatility with a beta of 2.92 — expect wider price swings.

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

TBCH generates stronger free cash flow (6M), providing more financial flexibility.

Bottom Line

ONDS scores higher overall (50/100 vs 37/100), 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.

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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Turtle Beach Corporation

TECHNOLOGY · CONSUMER ELECTRONICS · USA

Turtle Beach Corporation is an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. The company is headquartered in White Plains, New York.

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