ON HOLDING AG-CLASS A (ONON) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ONON - CH1134540470 - Common Stock
43.99 USD
+0.8 (+1.85%)
44.1 USD
+0.11 (+0.25%)
Taking everything into account, ONON scores 6 out of 10 in our fundamental rating. ONON was compared to 46 industry peers in the Textiles, Apparel & Luxury Goods industry. ONON has an excellent financial health rating, but there are some minor concerns on its profitability. ONON is valued quite expensive, but it does show an excellent growth. These ratings would make ONON suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year ONON was profitable.
In the past year ONON had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ONON reported negative net income in multiple years.
In multiple years ONON reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of ONON (5.34%) is better than 71.74% of its industry peers.
With a Return On Equity value of 9.73%, ONON perfoms like the industry average, outperforming 58.70% of the companies in the same industry.
ONON has a better Return On Invested Capital (13.78%) than 80.43% of its industry peers.
ONON had an Average Return On Invested Capital over the past 3 years of 9.76%. This is below the industry average of 11.99%.
The last Return On Invested Capital (13.78%) for ONON is above the 3 year average (9.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.34% | ||
| ROE | 9.73% | ||
| ROIC | 13.78% |
ROA(3y)6.46%
ROA(5y)-0.32%
ROE(3y)10.26%
ROE(5y)-0.11%
ROIC(3y)9.76%
ROIC(5y)N/A
1.3 Margins
ONON has a Profit Margin of 5.00%. This is in the better half of the industry: ONON outperforms 69.57% of its industry peers.
With a decent Operating Margin value of 10.87%, ONON is doing good in the industry, outperforming 78.26% of the companies in the same industry.
In the last couple of years the Operating Margin of ONON has grown nicely.
With an excellent Gross Margin value of 61.00%, ONON belongs to the best of the industry, outperforming 80.43% of the companies in the same industry.
ONON's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.87% | ||
| PM (TTM) | 5% | ||
| GM | 61% |
OM growth 3YN/A
OM growth 5Y33.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.7%
GM growth 5Y2.51%
2. Health
2.1 Basic Checks
ONON 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, ONON has more shares outstanding
Compared to 5 years ago, ONON has more shares outstanding
The debt/assets ratio for ONON is higher compared to a year ago.
2.2 Solvency
ONON has an Altman-Z score of 8.45. This indicates that ONON is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 8.45, ONON belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
The Debt to FCF ratio of ONON is 1.43, which is an excellent value as it means it would take ONON, only 1.43 years of fcf income to pay off all of its debts.
ONON has a better Debt to FCF ratio (1.43) than 86.96% of its industry peers.
ONON has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.31, ONON is doing good in the industry, outperforming 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 8.45 |
ROIC/WACC2.78
WACC4.95%
2.3 Liquidity
A Current Ratio of 2.53 indicates that ONON has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.53, ONON is doing good in the industry, outperforming 73.91% of the companies in the same industry.
ONON has a Quick Ratio of 2.00. This is a normal value and indicates that ONON is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ONON (2.00) is better than 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.53 | ||
| Quick Ratio | 2 |
3. Growth
3.1 Past
ONON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 68.42%, which is quite impressive.
The Revenue has grown by 33.26% in the past year. This is a very strong growth!
ONON shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 54.06% yearly.
EPS 1Y (TTM)68.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%193.75%
Revenue 1Y (TTM)33.26%
Revenue growth 3Y47.35%
Revenue growth 5Y54.06%
Sales Q2Q%24.94%
3.2 Future
The Earnings Per Share is expected to grow by 25.04% on average over the next years. This is a very strong growth
ONON is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.91% yearly.
EPS Next Y-37.93%
EPS Next 2Y13.01%
EPS Next 3Y21.04%
EPS Next 5Y25.04%
Revenue Next Year28.06%
Revenue Next 2Y25.92%
Revenue Next 3Y24.89%
Revenue Next 5Y22.91%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 36.97, ONON can be considered very expensive at the moment.
ONON's Price/Earnings is on the same level as the industry average.
ONON's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.31.
The Price/Forward Earnings ratio is 28.03, which means the current valuation is very expensive for ONON.
67.39% of the companies in the same industry are cheaper than ONON, based on the Price/Forward Earnings ratio.
ONON is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.97 | ||
| Fwd PE | 28.03 |
4.2 Price Multiples
78.26% of the companies in the same industry are cheaper than ONON, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ONON is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.65 | ||
| EV/EBITDA | 27.28 |
4.3 Compensation for Growth
The decent profitability rating of ONON may justify a higher PE ratio.
ONON's earnings are expected to grow with 21.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.01%
EPS Next 3Y21.04%
5. Dividend
5.1 Amount
No dividends for ONON!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
43.99
+0.8 (+1.85%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners67.69%
Inst Owner Change-4.55%
Ins Owners21.79%
Ins Owner ChangeN/A
Market Cap14.52B
Revenue(TTM)2.88B
Net Income(TTM)135.90M
Analysts81.21
Price Target63.66 (44.71%)
Short Float %7.5%
Short Ratio2.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-71.15%
Min EPS beat(2)-146.46%
Max EPS beat(2)4.17%
EPS beat(4)2
Avg EPS beat(4)-15.63%
Min EPS beat(4)-146.46%
Max EPS beat(4)102.39%
EPS beat(8)4
Avg EPS beat(8)-6.61%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.36%
Min Revenue beat(2)4.14%
Max Revenue beat(2)4.57%
Revenue beat(4)4
Avg Revenue beat(4)2.46%
Min Revenue beat(4)0.14%
Max Revenue beat(4)4.57%
Revenue beat(8)6
Avg Revenue beat(8)1.16%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-5.75%
PT rev (3m)-5.75%
EPS NQ rev (1m)0.71%
EPS NQ rev (3m)-0.77%
EPS NY rev (1m)-1.13%
EPS NY rev (3m)-4.33%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.97 | ||
| Fwd PE | 28.03 | ||
| P/S | 4.3 | ||
| P/FCF | 33.65 | ||
| P/OCF | 28.11 | ||
| P/B | 8.38 | ||
| P/tB | 8.72 | ||
| EV/EBITDA | 27.28 |
EPS(TTM)1.19
EY2.71%
EPS(NY)1.57
Fwd EY3.57%
FCF(TTM)1.31
FCFY2.97%
OCF(TTM)1.56
OCFY3.56%
SpS10.22
BVpS5.25
TBVpS5.04
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.34% | ||
| ROE | 9.73% | ||
| ROCE | 15.91% | ||
| ROIC | 13.78% | ||
| ROICexc | 26.68% | ||
| ROICexgc | 28.32% | ||
| OM | 10.87% | ||
| PM (TTM) | 5% | ||
| GM | 61% | ||
| FCFM | 12.79% |
ROA(3y)6.46%
ROA(5y)-0.32%
ROE(3y)10.26%
ROE(5y)-0.11%
ROIC(3y)9.76%
ROIC(5y)N/A
ROICexc(3y)18.51%
ROICexc(5y)N/A
ROICexgc(3y)20.21%
ROICexgc(5y)N/A
ROCE(3y)11.26%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y30.67%
ROICexc growth 3YN/A
ROICexc growth 5Y30.65%
OM growth 3YN/A
OM growth 5Y33.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.7%
GM growth 5Y2.51%
F-Score5
Asset Turnover1.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 1.04 | ||
| Cap/Depr | 58.65% | ||
| Cap/Sales | 2.52% | ||
| Interest Coverage | 16.51 | ||
| Cash Conversion | 100.95% | ||
| Profit Quality | 255.85% | ||
| Current Ratio | 2.53 | ||
| Quick Ratio | 2 | ||
| Altman-Z | 8.45 |
F-Score5
WACC4.95%
ROIC/WACC2.78
Cap/Depr(3y)104.58%
Cap/Depr(5y)116.59%
Cap/Sales(3y)4.08%
Cap/Sales(5y)4.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)68.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%193.75%
EPS Next Y-37.93%
EPS Next 2Y13.01%
EPS Next 3Y21.04%
EPS Next 5Y25.04%
Revenue 1Y (TTM)33.26%
Revenue growth 3Y47.35%
Revenue growth 5Y54.06%
Sales Q2Q%24.94%
Revenue Next Year28.06%
Revenue Next 2Y25.92%
Revenue Next 3Y24.89%
Revenue Next 5Y22.91%
EBIT growth 1Y60.34%
EBIT growth 3YN/A
EBIT growth 5Y106.11%
EBIT Next Year96.1%
EBIT Next 3Y47.29%
EBIT Next 5Y37.15%
FCF growth 1Y299.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y527.23%
OCF growth 3Y211.18%
OCF growth 5YN/A
ON HOLDING AG-CLASS A / ONON FAQ
What is the ChartMill fundamental rating of ON HOLDING AG-CLASS A (ONON) stock?
ChartMill assigns a fundamental rating of 6 / 10 to ONON.
Can you provide the valuation status for ON HOLDING AG-CLASS A?
ChartMill assigns a valuation rating of 2 / 10 to ON HOLDING AG-CLASS A (ONON). This can be considered as Overvalued.
Can you provide the profitability details for ON HOLDING AG-CLASS A?
ON HOLDING AG-CLASS A (ONON) has a profitability rating of 6 / 10.
How financially healthy is ON HOLDING AG-CLASS A?
The financial health rating of ON HOLDING AG-CLASS A (ONON) is 7 / 10.
What is the expected EPS growth for ON HOLDING AG-CLASS A (ONON) stock?
The Earnings per Share (EPS) of ON HOLDING AG-CLASS A (ONON) is expected to decline by -37.93% in the next year.