ON HOLDING AG-CLASS A (ONON) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ONON - CH1134540470 - Common Stock
48.14 USD
+1.63 (+3.5%)
48.17 USD
+0.03 (+0.06%)
Overall ONON gets a fundamental rating of 6 out of 10. We evaluated ONON against 45 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 is valued quite expensively, but it does show have an excellent growth rating. 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.
The reported operating cash flow has been mixed in the past 5 years: ONON reported negative operating cash flow in multiple years.
1.2 Ratios
ONON has a better Return On Assets (5.34%) than 71.74% of its industry peers.
ONON has a Return On Equity (9.73%) which is comparable to the rest of the industry.
With an excellent Return On Invested Capital value of 13.78%, ONON belongs to the best of the industry, outperforming 80.43% 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 11.82%.
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 69.57% of its industry peers.
ONON has a Operating Margin of 10.87%. This is in the better half of the industry: ONON outperforms 78.26% of its industry peers.
In the last couple of years the Operating Margin of ONON has grown nicely.
Looking at the Gross Margin, with a value of 61.00%, ONON belongs to the top 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ONON is creating value.
ONON has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ONON has more shares outstanding
Compared to 1 year ago, ONON has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 9.01 indicates that ONON is not in any danger for bankruptcy at the moment.
The Altman-Z score of ONON (9.01) is better than 95.65% of its industry peers.
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's Debt to FCF ratio of 1.43 is amongst the best of the industry. ONON outperforms 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 | 9.01 |
ROIC/WACC2.78
WACC4.95%
2.3 Liquidity
ONON has a Current Ratio of 2.53. This indicates that ONON is financially healthy and has no problem in meeting 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.
A Quick Ratio of 2.00 indicates that ONON should not have too much problems paying its short term obligations.
The Quick ratio of ONON (2.00) is better than 89.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.53 | ||
| Quick Ratio | 2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 68.42% over the past year.
Looking at the last year, ONON shows a very strong growth in Revenue. The Revenue has grown by 33.26%.
Measured over the past years, ONON shows a very strong growth in Revenue. The Revenue has been growing by 54.06% on average per year.
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
Based on estimates for the next years, ONON will show a very strong growth in Earnings Per Share. The EPS will grow by 25.04% on average per year.
The Revenue is expected to grow by 22.91% on average over the next years. This is a very strong growth
EPS Next Y-19.1%
EPS Next 2Y17.41%
EPS Next 3Y21.57%
EPS Next 5Y25.04%
Revenue Next Year29.37%
Revenue Next 2Y26.09%
Revenue Next 3Y24.74%
Revenue Next 5Y22.91%
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
Based on the Price/Earnings ratio of 40.45, the valuation of ONON can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as ONON.
When comparing the Price/Earnings ratio of ONON to the average of the S&P500 Index (26.49), we can say ONON is valued expensively.
Based on the Price/Forward Earnings ratio of 28.37, 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 67.39% of the companies are valued more cheaply.
ONON's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.45 | ||
| Fwd PE | 28.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ONON is valued a bit more expensive than 78.26% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as ONON.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.76 | ||
| EV/EBITDA | 29.91 |
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 21.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y17.41%
EPS Next 3Y21.57%
5. Dividend
5.1 Amount
No dividends for ONON!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
48.14
+1.63 (+3.5%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners62.79%
Inst Owner Change-4.55%
Ins Owners21.52%
Ins Owner ChangeN/A
Market Cap15.89B
Revenue(TTM)2.88B
Net Income(TTM)135.90M
Analysts82.29
Price Target63.21 (31.3%)
Short Float %7.43%
Short Ratio2.32
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)-3.6%
PT rev (3m)-6.4%
EPS NQ rev (1m)1.3%
EPS NQ rev (3m)-0.77%
EPS NY rev (1m)30.34%
EPS NY rev (3m)24.7%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)1.02%
Revenue NY rev (3m)1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.45 | ||
| Fwd PE | 28.37 | ||
| P/S | 4.7 | ||
| P/FCF | 36.76 | ||
| P/OCF | 30.71 | ||
| P/B | 9.15 | ||
| P/tB | 9.53 | ||
| EV/EBITDA | 29.91 |
EPS(TTM)1.19
EY2.47%
EPS(NY)1.7
Fwd EY3.53%
FCF(TTM)1.31
FCFY2.72%
OCF(TTM)1.57
OCFY3.26%
SpS10.24
BVpS5.26
TBVpS5.05
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.87
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 | 9.01 |
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-19.1%
EPS Next 2Y17.41%
EPS Next 3Y21.57%
EPS Next 5Y25.04%
Revenue 1Y (TTM)33.26%
Revenue growth 3Y47.35%
Revenue growth 5Y54.06%
Sales Q2Q%24.94%
Revenue Next Year29.37%
Revenue Next 2Y26.09%
Revenue Next 3Y24.74%
Revenue Next 5Y22.91%
EBIT growth 1Y60.34%
EBIT growth 3YN/A
EBIT growth 5Y106.11%
EBIT Next Year105.39%
EBIT Next 3Y47.97%
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 -19.1% in the next year.