Does ON SEMICONDUCTOR (NASDAQ:ON) match Peter Lynch’s “Invest in What You Know” philosophy?

Peter Lynch was known for finding hidden gems in the market before they became mainstream. Is ON SEMICONDUCTOR (NASDAQ:ON) one of those under-the-radar stocks that fits his legendary strategy?

Would Peter Lynch consider ON SEMICONDUCTOR (NASDAQ:ON) a winning stock?

• The Return on Equity (ROE) of ON stands at 17.88%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• ON's Debt/Equity ratio of 0.38 suggests a healthy balance between debt financing and shareholder equity.
• The 5-year EPS growth of ON (21.88) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• Trading with a PEG ratio of 0.52, ON may offer strong upside potential given its growth trajectory.
• ON's Current Ratio of 5.06 reflects a strong ability to manage short-term financial commitments.

A complete fundamental analysis of NASDAQ:ON

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Overall ON gets a fundamental rating of 7 out of 10. We evaluated ON against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. ON has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on ON. With these ratings, ON could be worth investigating further for value and quality investing!.

For an up to date full fundamental analysis you can check the fundamental report of ON

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Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.