ON HOLDING AG-CLASS A (ONON)
CH1134540470 - Common Stock
Taking everything into account, ONON scores 5 out of 10 in our fundamental rating. ONON was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. ONON is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. ONON is valued quite expensive, but it does show an excellent growth. These ratings could make ONON a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year ONON was profitable.
ONON had a positive operating cash flow in the past year.
In multiple years ONON reported negative net income over the last 5 years.
In multiple years ONON reported negative operating cash flow during the last 5 years.
1.2 Ratios
ONON has a better Return On Assets (7.54%) than 78.00% of its industry peers.
With a decent Return On Equity value of 12.53%, ONON is doing good in the industry, outperforming 72.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.85%, ONON is doing good in the industry, outperforming 64.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.54% | ||
| ROE | 12.53% | ||
| ROIC | 8.85% |
ROA(3y)-1.53%
ROA(5y)-2.57%
ROE(3y)-2.23%
ROE(5y)-4.05%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ONON has a better Profit Margin (7.70%) than 80.00% of its industry peers.
Looking at the Operating Margin, with a value of 9.20%, ONON is in the better half of the industry, outperforming 62.00% of the companies in the same industry.
The Gross Margin of ONON (59.97%) is better than 82.00% of its industry peers.
ONON's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.2% | ||
| PM (TTM) | 7.7% | ||
| GM | 59.97% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.1%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ONON is still creating some value.
The number of shares outstanding for ONON has been increased compared to 1 year ago.
ONON has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 24.39 indicates that ONON is not in any danger for bankruptcy at the moment.
The Altman-Z score of ONON (24.39) is better than 100.00% of its industry peers.
The Debt to FCF ratio of ONON is 0.95, which is an excellent value as it means it would take ONON, only 0.95 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ONON (0.95) is better than 80.00% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that ONON is not too dependend on debt financing.
ONON has a Debt to Equity ratio of 0.23. This is in the better half of the industry: ONON outperforms 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.95 | ||
| Altman-Z | 24.39 |
ROIC/WACC1.75
WACC5.07%
2.3 Liquidity
A Current Ratio of 2.98 indicates that ONON has no problem at all paying its short term obligations.
ONON has a better Current ratio (2.98) than 78.00% of its industry peers.
A Quick Ratio of 2.18 indicates that ONON has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.18, ONON belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.18 |
3. Growth
3.1 Past
ONON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 53.26%, which is quite impressive.
ONON shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.12%.
Measured over the past years, ONON shows a very strong growth in Revenue. The Revenue has been growing by 61.52% on average per year.
EPS 1Y (TTM)53.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-31.8%
Revenue 1Y (TTM)26.12%
Revenue growth 3Y61.52%
Revenue growth 5YN/A
Sales Q2Q%34.95%
3.2 Future
The Earnings Per Share is expected to grow by 35.16% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 22.68% on average over the next years. This is a very strong growth
EPS Next Y77.22%
EPS Next 2Y41.17%
EPS Next 3Y39.15%
EPS Next 5Y35.16%
Revenue Next Year27.06%
Revenue Next 2Y26.93%
Revenue Next 3Y26.05%
Revenue Next 5Y22.68%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 89.19, ONON can be considered very expensive at the moment.
68.00% of the companies in the same industry are cheaper than ONON, based on the Price/Earnings ratio.
ONON's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.96.
Based on the Price/Forward Earnings ratio of 50.47, the valuation of ONON can be described as expensive.
Based on the Price/Forward Earnings ratio, ONON is valued a bit more expensive than the industry average as 74.00% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 23.82. ONON is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 89.19 | ||
| Fwd PE | 50.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ONON is valued a bit more expensive than the industry average as 76.00% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, ONON is valued a bit more expensive than 66.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 87.53 | ||
| EV/EBITDA | 110.34 |
4.3 Compensation for Growth
ONON's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ONON's earnings are expected to grow with 39.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.15
PEG (5Y)N/A
EPS Next 2Y41.17%
EPS Next 3Y39.15%
5. Dividend
5.1 Amount
No dividends for ONON!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ON HOLDING AG-CLASS A
NYSE:ONON (11/21/2024, 6:08:58 PM)
After market: 56.1 -0.09 (-0.16%)56.19
+2.45 (+4.56%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap35.64B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
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Surprises & Revisions
EPS beat(2)
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PT rev (1m)
PT rev (3m)
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EPS NQ rev (3m)
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 89.19 | ||
| Fwd PE | 50.47 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.15
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.54% | ||
| ROE | 12.53% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.2% | ||
| PM (TTM) | 7.7% | ||
| GM | 59.97% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.18 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)53.26%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y77.22%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)26.12%
Revenue growth 3Y61.52%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y