On Holding AG (ONON)

NYSE: ONON · IEX Real-Time Price · USD
35.38
+0.64 (1.84%)
At close: Mar 28, 2024, 4:00 PM
35.20
-0.18 (-0.51%)
After-hours: Mar 28, 2024, 7:57 PM EDT

Total Valuation

On Holding AG has a market cap or net worth of $11.28 billion. The enterprise value is $10.96 billion.

Market Cap 11.28B
Enterprise Value 10.96B

Important Dates

The last earnings date was Tuesday, March 12, 2024, before market open.

Earnings Date Mar 12, 2024
Ex-Dividend Date n/a

Share Statistics

On Holding AG has 318.76 million shares outstanding. The number of shares has increased by 0.48% in one year.

Shares Outstanding 318.76M
Shares Change (YoY) +0.48%
Shares Change (QoQ) +0.17%
Owned by Insiders (%) 25.87%
Owned by Institutions (%) 57.57%
Float 208.15M

Valuation Ratios

The trailing PE ratio is 127.62 and the forward PE ratio is 49.81.

PE Ratio 127.62
Forward PE 49.81
PS Ratio 5.29
Forward PS 4.94
PB Ratio 9.46
P/FCF Ratio 53.72
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 80.56, with an EV/FCF ratio of 52.22.

EV / Earnings 115.67
EV / Sales 5.14
EV / EBITDA 80.56
EV / EBIT 171.02
EV / FCF 52.22

Financial Position

The company has a current ratio of 3.77, with a Debt / Equity ratio of 0.23.

Current Ratio 3.77
Quick Ratio 2.40
Debt / Equity 0.23
Debt / EBITDA 1.99
Debt / FCF 1.29
Interest Coverage -5.12

Financial Efficiency

Return on equity (ROE) is 7.60% and return on invested capital (ROIC) is 15.76%.

Return on Equity (ROE) 7.60%
Return on Assets (ROA) 5.00%
Return on Capital (ROIC) 15.76%
Revenue Per Employee $906,695
Profits Per Employee $40,273
Employee Count 2,353
Asset Turnover 1.12
Inventory Turnover 1.93

Taxes

Income Tax -11.64M
Effective Tax Rate -14.01%

Stock Price Statistics

The stock price has increased by +19.17% in the last 52 weeks. The beta is 2.18, so On Holding AG's price volatility has been higher than the market average.

Beta (1Y) 2.18
52-Week Price Change +19.17%
50-Day Moving Average 31.23
200-Day Moving Average 29.85
Relative Strength Index (RSI) 60.93
Average Volume (30 Days) 5,726,772

Short Selling Information

The latest short interest is 29.72 million, so 9.32% of the outstanding shares have been sold short.

Short Interest 29.72M
Short Previous Month 33.16M
Short % of Shares Out 9.32%
Short % of Float 14.28%
Short Ratio (days to cover) 4.30

Income Statement

In the last 12 months, On Holding AG had revenue of $2.13 billion and earned $94.76 million in profits. Earnings per share was $0.28.

Revenue 2.13B
Gross Profit 1.18B
Operating Income 199.94M
Pretax Income 76.63M
Net Income 94.76M
EBITDA 136.07M
EBIT 64.10M
Earnings Per Share (EPS) $0.28
Full Income Statement

Balance Sheet

The company has $586.41 million in cash and $270.25 million in debt, giving a net cash position of $316.16 million or $0.99 per share.

Cash & Cash Equivalents 586.41M
Total Debt 270.25M
Net Cash 316.16M
Net Cash Per Share $0.99
Equity / Book Value 1.19B
Book Value Per Share 3.74
Working Capital 937.83M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $257.38 million and capital expenditures -$47.46 million, giving a free cash flow of $209.92 million.

Operating Cash Flow 257.38M
Capital Expenditures -47.46M
Free Cash Flow 209.92M
FCF Per Share $0.66
Full Cash Flow Statement

Margins

Gross margin is 55.48%, with operating and profit margins of 9.37% and 4.44%.

Gross Margin 55.48%
Operating Margin 9.37%
Pretax Margin 3.59%
Profit Margin 4.44%
EBITDA Margin 6.38%
EBIT Margin 3.00%
FCF Margin 9.84%

Dividends & Yields

On Holding AG does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.48%
Shareholder Yield -0.48%
Earnings Yield 0.84%
FCF Yield 1.86%
Dividend Details

Analyst Forecast

The average price target for On Holding AG is $35.57, which is 0.54% higher than the current price. The consensus rating is "Buy".

Price Target $35.57
Price Target Difference 0.54%
Analyst Consensus Buy
Analyst Count 19
Revenue Growth Forecast (5Y) 24.70%
EPS Growth Forecast (5Y) 64.45%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

On Holding AG has an Altman Z-Score of 13.68 and a Piotroski F-Score of 6.

Altman Z-Score 13.68
Piotroski F-Score 6