ON HOLDING AG-CLASS A (ONON) Stock Fundamental Analysis
USA - NYSE:ONON - CH1134540470 - Common Stock
42.4 USD
0 (0%)
42.4814 USD
+0.08 (+0.19%)
Taking everything into account, ONON scores 6 out of 10 in our fundamental rating. ONON was compared to 48 industry peers in the Textiles, Apparel & Luxury Goods industry. While ONON has a great health rating, its profitability is only average at the moment. ONON shows excellent growth, but is valued quite expensive already. 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 Return On Assets of 5.34%. This is in the better half of the industry: ONON outperforms 72.92% of its industry peers.
The Return On Equity of ONON (9.73%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 13.78%, ONON is in the better half of the industry, outperforming 79.17% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ONON is below the industry average of 12.21%.
The 3 year average ROIC (9.76%) for ONON is below the current ROIC(13.78%), indicating increased profibility in the last year.
| 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
The Profit Margin of ONON (5.00%) is better than 72.92% of its industry peers.
ONON has a Operating Margin of 10.87%. This is in the better half of the industry: ONON outperforms 79.17% of its industry peers.
ONON's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 61.00%, ONON belongs to the best of the industry, outperforming 81.25% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ONON is creating value.
Compared to 1 year ago, ONON has more shares outstanding
Compared to 5 years ago, ONON has more shares outstanding
ONON has a worse debt/assets ratio than last year.
2.2 Solvency
ONON has an Altman-Z score of 8.04. This indicates that ONON is financially healthy and has little risk of bankruptcy at the moment.
ONON's Altman-Z score of 8.04 is amongst the best of the industry. ONON outperforms 93.75% of its industry peers.
ONON has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.43, ONON belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
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 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 8.04 |
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.
The Current ratio of ONON (2.53) is better than 72.92% of its industry peers.
A Quick Ratio of 2.00 indicates that ONON should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 2.00, ONON belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
| 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 56.10%, 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)56.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%149.84%
Revenue 1Y (TTM)33.26%
Revenue growth 3Y47.35%
Revenue growth 5Y54.06%
Sales Q2Q%24.85%
3.2 Future
Based on estimates for the next years, ONON will show a very strong growth in Earnings Per Share. The EPS will grow by 23.10% on average per year.
The Revenue is expected to grow by 21.82% on average over the next years. This is a very strong growth
EPS Next Y-37.93%
EPS Next 2Y13.01%
EPS Next 3Y21.04%
EPS Next 5Y23.1%
Revenue Next Year28.06%
Revenue Next 2Y25.92%
Revenue Next 3Y24.89%
Revenue Next 5Y21.82%
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
ONON is valuated quite expensively with a Price/Earnings ratio of 37.52.
ONON's Price/Earnings ratio is in line with the industry average.
ONON's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.89.
Based on the Price/Forward Earnings ratio of 26.44, 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 64.58% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, ONON is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.52 | ||
| Fwd PE | 26.44 |
4.2 Price Multiples
75.00% 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 | 31.4 | ||
| EV/EBITDA | 25.38 |
4.3 Compensation for Growth
The decent profitability rating of ONON may justify a higher PE ratio.
A more expensive valuation may be justified as ONON's earnings are expected to grow with 21.04% in the coming years.
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 |
42.4
0 (0%)
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-5.18%
Ins Owners21.79%
Ins Owner ChangeN/A
Market Cap13.85B
Revenue(TTM)2.88B
Net Income(TTM)135.90M
Analysts81.21
Price Target65.58 (54.67%)
Short Float %6.44%
Short Ratio2.87
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)-2.9%
PT rev (3m)-2.99%
EPS NQ rev (1m)-3.5%
EPS NQ rev (3m)-13.01%
EPS NY rev (1m)-4.9%
EPS NY rev (3m)-37.43%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.52 | ||
| Fwd PE | 26.44 | ||
| P/S | 4.02 | ||
| P/FCF | 31.4 | ||
| P/OCF | 26.23 | ||
| P/B | 7.82 | ||
| P/tB | 8.14 | ||
| EV/EBITDA | 25.38 |
EPS(TTM)1.13
EY2.67%
EPS(NY)1.6
Fwd EY3.78%
FCF(TTM)1.35
FCFY3.18%
OCF(TTM)1.62
OCFY3.81%
SpS10.56
BVpS5.43
TBVpS5.21
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.74
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 | 8.04 |
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)56.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%149.84%
EPS Next Y-37.93%
EPS Next 2Y13.01%
EPS Next 3Y21.04%
EPS Next 5Y23.1%
Revenue 1Y (TTM)33.26%
Revenue growth 3Y47.35%
Revenue growth 5Y54.06%
Sales Q2Q%24.85%
Revenue Next Year28.06%
Revenue Next 2Y25.92%
Revenue Next 3Y24.89%
Revenue Next 5Y21.82%
EBIT growth 1Y60.34%
EBIT growth 3YN/A
EBIT growth 5Y106.11%
EBIT Next Year96.1%
EBIT Next 3Y47.29%
EBIT Next 5Y35.64%
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.