Intrinsic Value of S&P & Nasdaq Contact Us

On Holding AG ONON NYSE

NYSE • Consumer Cyclical • Apparel - Retail • CH • USD

SharesGrow Score
81/100
5/7 Pass
SharesGrow Intrinsic Value
$65.47
+84%
Analyst Price Target
$57.46
+61.5%

On Holding AG (ONON) is a Apparel - Retail company in the Consumer Cyclical sector, currently trading at $35.58. It has a SharesGrow Score of 81/100, indicating a strong investment profile with 5 out of 7 criteria passed.

SharesGrow calculates the intrinsic value of ONON = $65.47 (+84% from the current price, the stock appears undervalued). Analyst consensus target is ONON = $57 (+61.5% upside).

Valuation: ONON trades at a trailing Price-to-Earnings (P/E) of 43.6 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 1.78.

Financials: revenue is $2.9B, +33.4%/yr average growth. Net income is $195M, growing at +74.2%/yr. Net profit margin is 6.8% (thin). Gross margin is 62.8% (+6.8 pp trend).

Balance sheet: total debt is $582M against $1.6B equity (Debt-to-Equity (D/E) ratio 0.36, conservative). Current ratio is 2.71 (strong liquidity). Debt-to-assets is 20.5%. Total assets: $2.8B.

Analyst outlook: 20 / 26 analysts rate ONON as buy (77%) — strong consensus.

SharesGrow 7-Criteria breakdown: Value 59/100 (Partial), Growth 100/100 (Pass), Past 100/100 (Pass), Health 100/100 (Pass), Moat 80/100 (Pass), Future 85/100 (Pass), Income 45/100 (Partial).

$57.46
▲ 61.5% Upside
Average Price Target
Based on 26 Wall Street analysts offering 12-month price targets for On Holding AG, the average price target is $57.46, with a high forecast of $85.00, and a low forecast of $31.00.
Highest Price Target
$85.00
Average Price Target
$57.46
Lowest Price Target
$31.00

ONON SharesGrow Score Overview

81/100
SharesGrow Score
Strong investment profile
View full scorecard →
VALUE 59/100
Valuation — P/E, PEG, Forward PEG
GROWTH 100/100
Financials — average growth
PAST 100/100
strong — trend
HEALTH 100/100
Balance sheet — Debt-to-Equity (D/E) ratio, Current ratio is
MOAT 80/100
Gross margin is + market cap
FUTURE 85/100
Analyst outlook — as buy
INCOME 45/100
Net profit margin is
Scores derived from financial statements, analyst ratings, and balance sheet data.

Score Breakdown — ONON

~
VALUE Partial
59/100
ONON trades at a trailing Price-to-Earnings (P/E) of 43.6 (S&P 500 average ~25). Forward PEG 1.78 — overvalued. Analyst consensus target is $57, implying +60.2% from the current price $36. Composite: Price-to-Earnings (20%) + Forward Price/Earnings-to-Growth (35%) + upside (25%) + trailing PEG (20%). ≥ 60 = Pass.
View details →
GROWTH Pass
100/100
ONON: +33.4%/yr revenue is, +74.2%/yr Net income is average growth. > 5%/yr — strong. Score: >20%/yr = 100, >10% = 80, >5% = 65, >0% = 45, < 0 = 15.
View details →
PAST Pass
100/100
ONON: 4 / 4 years profitable. strong — 100%. Score = 4 / 4 × 100. ≥ 80 = Pass.
View details →
HEALTH Pass
100/100
Balance sheet ONON: Debt-to-Equity (D/E) ratio 0.36 (conservative), Current ratio is 2.71 (strong liquidity). Debt-to-Equity < 0.5, Current Ratio > 1.5, Interest Coverage > 8x = ideal. ≥ 70 = Pass.
View details →
MOAT Pass
80/100
ONON: Gross margin is 62.8% (+6.8 pp trend), $12B market cap. Moat (0-100): margin (35%) + trend (15%) + market cap (30%) + revenue is (20%). Score 80/100. ≥ 70 = Pass.
View details →
FUTURE Pass
85/100
Analyst outlook: 20 / 26 analysts rate ONON as buy (77%). Analyst consensus target is $57 (+60.2% upside). Score: 60% buy consensus + 40% upside. ≥ 60 = Pass.
View details →
~
INCOME Partial
45/100
ONON: Net profit margin is 6.8%. thin (5-15%). Score: ≥30% = 100, ≥20% = 85, ≥15% = 70, ≥10% = 55, ≥5% = 45, ≥0% = 30, < 0 = 10.
View details →

Stock Chart & Stats

Market Data
52-Week Range31.41-61.288
Volume7.36M
Avg Volume (30D)6.44M
Market Cap$11.78B
Beta (1Y)2.23
Share Statistics
EPS (TTM)0.59
Shares Outstanding$329.5M
IPO Date2021-09-15
Employees3,254
CEOMartin Hoffmann
Financial Highlights & Ratios
Revenue (TTM)$2.88B
Gross Profit$1.81B
EBITDA$481.82M
Net Income$194.54M
Operating Income$360.15M
Total Cash$1.02B
Total Debt$581.66M
Net Debt$-439.4M
Total Assets$2.84B
Price / Earnings (P/E)60.3
Price / Sales (P/S)4.09
Analyst Forecast
1Y Price Target$58.00
Target High$85.00
Target Low$31.00
Upside+63.0%
Rating ConsensusBuy
Analysts Covering26
Buy 77% Hold 19% Sell 4%
Price Target Summary
Company Info
CountryCH
ExchangeNYSE
CurrencyUSD
ISINCH1134540470

Price Chart

ONON
On Holding AG  ·  NYSE
Consumer Cyclical • Apparel - Retail
31.41 52WK RANGE 61.29
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message