60.28 USD
-0.3 (-0.5%)
60.33 USD
+0.05 (+0.08%)
Overall ON gets a fundamental rating of 6 out of 10. We evaluated ON against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. ON gets an excellent profitability rating and is at the same time showing great financial health properties. ON has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year ON was profitable.
- ON had a positive operating cash flow in the past year.
- Each year in the past 5 years ON has been profitable.
- ON had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of ON (2.45%) is comparable to the rest of the industry.
- ON has a Return On Equity (4.04%) which is in line with its industry peers.
- With a decent Return On Invested Capital value of 6.79%, ON is doing good in the industry, outperforming 73.45% of the companies in the same industry.
- ON had an Average Return On Invested Capital over the past 3 years of 19.04%. This is significantly above the industry average of 10.75%.
- The 3 year average ROIC (19.04%) for ON is well above the current ROIC(6.79%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 4.04% | ||
| ROIC | 6.79% |
ROA(3y)14.52%
ROA(5y)11.35%
ROE(3y)25.56%
ROE(5y)21.06%
ROIC(3y)19.04%
ROIC(5y)15.34%
1.3 Margins
- ON's Profit Margin of 5.16% is in line compared to the rest of the industry. ON outperforms 57.52% of its industry peers.
- ON's Profit Margin has improved in the last couple of years.
- ON has a Operating Margin of 15.06%. This is in the better half of the industry: ON outperforms 74.34% of its industry peers.
- In the last couple of years the Operating Margin of ON has grown nicely.
- ON has a Gross Margin of 35.75%. This is in the lower half of the industry: ON underperforms 62.83% of its industry peers.
- In the last couple of years the Gross Margin of ON has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.06% | ||
| PM (TTM) | 5.16% | ||
| GM | 35.75% |
OM growth 3Y9.94%
OM growth 5Y18.56%
PM growth 3Y14.02%
PM growth 5Y42.07%
GM growth 3Y4.08%
GM growth 5Y4.89%
2. Health
2.1 Basic Checks
- ON has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, ON has less shares outstanding
- ON has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ON has an improved debt to assets ratio.
2.2 Solvency
- ON has an Altman-Z score of 4.90. This indicates that ON is financially healthy and has little risk of bankruptcy at the moment.
- ON has a Altman-Z score (4.90) which is in line with its industry peers.
- ON has a debt to FCF ratio of 2.47. This is a good value and a sign of high solvency as ON would need 2.47 years to pay back of all of its debts.
- ON's Debt to FCF ratio of 2.47 is fine compared to the rest of the industry. ON outperforms 66.37% of its industry peers.
- ON has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
- ON has a worse Debt to Equity ratio (0.43) than 67.26% of its industry peers.
- Even though the debt/equity ratio score it not favorable for ON, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 2.47 | ||
| Altman-Z | 4.9 |
ROIC/WACC0.66
WACC10.33%
2.3 Liquidity
- A Current Ratio of 5.23 indicates that ON has no problem at all paying its short term obligations.
- ON has a Current ratio of 5.23. This is in the better half of the industry: ON outperforms 74.34% of its industry peers.
- ON has a Quick Ratio of 3.54. This indicates that ON is financially healthy and has no problem in meeting its short term obligations.
- ON has a Quick ratio of 3.54. This is in the better half of the industry: ON outperforms 68.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.23 | ||
| Quick Ratio | 3.54 |
3. Growth
3.1 Past
- The earnings per share for ON have decreased strongly by -37.85% in the last year.
- Measured over the past years, ON shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.88% on average per year.
- The Revenue for ON has decreased by -16.13% in the past year. This is quite bad
- Measured over the past years, ON shows a small growth in Revenue. The Revenue has been growing by 5.12% on average per year.
EPS 1Y (TTM)-37.85%
EPS 3Y10.62%
EPS 5Y21.88%
EPS Q2Q%-36.36%
Revenue 1Y (TTM)-16.13%
Revenue growth 3Y1.67%
Revenue growth 5Y5.12%
Sales Q2Q%-11.98%
3.2 Future
- The Earnings Per Share is expected to grow by 11.23% on average over the next years. This is quite good.
- ON is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.96% yearly.
EPS Next Y-39.69%
EPS Next 2Y-13.2%
EPS Next 3Y2.07%
EPS Next 5Y11.23%
Revenue Next Year-15.68%
Revenue Next 2Y-5.76%
Revenue Next 3Y-0.83%
Revenue Next 5Y3.96%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 22.66, ON is valued on the expensive side.
- Compared to the rest of the industry, the Price/Earnings ratio of ON indicates a rather cheap valuation: ON is cheaper than 90.27% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.54. ON is around the same levels.
- ON is valuated rather expensively with a Price/Forward Earnings ratio of 20.10.
- Based on the Price/Forward Earnings ratio, ON is valued cheaper than 87.61% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.31, ON is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.66 | ||
| Fwd PE | 20.1 |
4.2 Price Multiples
- ON's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ON is cheaper than 84.07% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ON is valued cheaper than 92.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.73 | ||
| EV/EBITDA | 15.52 |
4.3 Compensation for Growth
- ON has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.04
EPS Next 2Y-13.2%
EPS Next 3Y2.07%
5. Dividend
5.1 Amount
- ON does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
60.28
-0.3 (-0.5%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)11-03 2025-11-03/bmo
Earnings (Next)02-09 2026-02-09/amc
Inst Owners112.18%
Inst Owner Change0.19%
Ins Owners0.3%
Ins Owner Change-0.68%
Market Cap24.26B
Revenue(TTM)6.19B
Net Income(TTM)319.10M
Analysts71.82
Price Target60.47 (0.32%)
Short Float %10.22%
Short Ratio4.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.1%
Min EPS beat(2)-3.5%
Max EPS beat(2)3.69%
EPS beat(4)2
Avg EPS beat(4)0.1%
Min EPS beat(4)-5.32%
Max EPS beat(4)5.53%
EPS beat(8)5
Avg EPS beat(8)0.14%
EPS beat(12)9
Avg EPS beat(12)1.33%
EPS beat(16)13
Avg EPS beat(16)3.29%
Revenue beat(2)0
Avg Revenue beat(2)-1.24%
Min Revenue beat(2)-1.82%
Max Revenue beat(2)-0.65%
Revenue beat(4)1
Avg Revenue beat(4)-1.81%
Min Revenue beat(4)-4.89%
Max Revenue beat(4)0.12%
Revenue beat(8)1
Avg Revenue beat(8)-2.12%
Revenue beat(12)2
Avg Revenue beat(12)-1.74%
Revenue beat(16)5
Avg Revenue beat(16)-1.29%
PT rev (1m)0.85%
PT rev (3m)2.81%
EPS NQ rev (1m)0.05%
EPS NQ rev (3m)-0.01%
EPS NY rev (1m)0.08%
EPS NY rev (3m)1.57%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)0.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.66 | ||
| Fwd PE | 20.1 | ||
| P/S | 3.92 | ||
| P/FCF | 17.73 | ||
| P/OCF | 13.59 | ||
| P/B | 3.07 | ||
| P/tB | 4.06 | ||
| EV/EBITDA | 15.52 |
EPS(TTM)2.66
EY4.41%
EPS(NY)3
Fwd EY4.97%
FCF(TTM)3.4
FCFY5.64%
OCF(TTM)4.44
OCFY7.36%
SpS15.38
BVpS19.65
TBVpS14.85
PEG (NY)N/A
PEG (5Y)1.04
Graham Number34.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 4.04% | ||
| ROCE | 7.9% | ||
| ROIC | 6.79% | ||
| ROICexc | 8.97% | ||
| ROICexgc | 11.45% | ||
| OM | 15.06% | ||
| PM (TTM) | 5.16% | ||
| GM | 35.75% | ||
| FCFM | 22.11% |
ROA(3y)14.52%
ROA(5y)11.35%
ROE(3y)25.56%
ROE(5y)21.06%
ROIC(3y)19.04%
ROIC(5y)15.34%
ROICexc(3y)25.66%
ROICexc(5y)20.08%
ROICexgc(3y)33.75%
ROICexgc(5y)27.59%
ROCE(3y)22.16%
ROCE(5y)17.85%
ROICexgc growth 3Y-8.83%
ROICexgc growth 5Y5.63%
ROICexc growth 3Y-1.27%
ROICexc growth 5Y11.96%
OM growth 3Y9.94%
OM growth 5Y18.56%
PM growth 3Y14.02%
PM growth 5Y42.07%
GM growth 3Y4.08%
GM growth 5Y4.89%
F-Score5
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 2.47 | ||
| Debt/EBITDA | 2.15 | ||
| Cap/Depr | 65.39% | ||
| Cap/Sales | 6.74% | ||
| Interest Coverage | 14.93 | ||
| Cash Conversion | 113.74% | ||
| Profit Quality | 428.71% | ||
| Current Ratio | 5.23 | ||
| Quick Ratio | 3.54 | ||
| Altman-Z | 4.9 |
F-Score5
WACC10.33%
ROIC/WACC0.66
Cap/Depr(3y)184.74%
Cap/Depr(5y)142.8%
Cap/Sales(3y)13.78%
Cap/Sales(5y)11.57%
Profit Quality(3y)59.82%
Profit Quality(5y)95.66%
High Growth Momentum
Growth
EPS 1Y (TTM)-37.85%
EPS 3Y10.62%
EPS 5Y21.88%
EPS Q2Q%-36.36%
EPS Next Y-39.69%
EPS Next 2Y-13.2%
EPS Next 3Y2.07%
EPS Next 5Y11.23%
Revenue 1Y (TTM)-16.13%
Revenue growth 3Y1.67%
Revenue growth 5Y5.12%
Sales Q2Q%-11.98%
Revenue Next Year-15.68%
Revenue Next 2Y-5.76%
Revenue Next 3Y-0.83%
Revenue Next 5Y3.96%
EBIT growth 1Y-55.33%
EBIT growth 3Y11.77%
EBIT growth 5Y24.63%
EBIT Next Year-17.56%
EBIT Next 3Y6.65%
EBIT Next 5Y13.95%
FCF growth 1Y130.61%
FCF growth 3Y-2.05%
FCF growth 5Y82.37%
OCF growth 1Y-14.9%
OCF growth 3Y2.27%
OCF growth 5Y22.37%
ON SEMICONDUCTOR / ON FAQ
What is the ChartMill fundamental rating of ON SEMICONDUCTOR (ON) stock?
ChartMill assigns a fundamental rating of 6 / 10 to ON.
What is the valuation status of ON SEMICONDUCTOR (ON) stock?
ChartMill assigns a valuation rating of 5 / 10 to ON SEMICONDUCTOR (ON). This can be considered as Fairly Valued.
Can you provide the profitability details for ON SEMICONDUCTOR?
ON SEMICONDUCTOR (ON) has a profitability rating of 7 / 10.
What is the expected EPS growth for ON SEMICONDUCTOR (ON) stock?
The Earnings per Share (EPS) of ON SEMICONDUCTOR (ON) is expected to decline by -39.69% in the next year.