On Statistics

Share Statistics

On has 323.84M shares outstanding. The number of shares has increased by 1.16% in one year.

Shares Outstanding	323.84M
Shares Change (YoY)	1.16%
Shares Change (QoQ)	0%
Owned by Institutions (%)	26.72%
Shares Floating	247.28M
Failed to Deliver (FTD) Shares	1,600
FTD / Avg. Volume	0.03%

Short Selling Information

The latest short interest is 20.49M, so 6.28% of the outstanding shares have been sold short.

Short Interest	20.49M
Short % of Shares Out	6.28%
Short % of Float	8.71%
Short Ratio (days to cover)	4.23

Valuation Ratios

The PE ratio is 69.54 and the forward PE ratio is 33.52. On's PEG ratio is 0.38.

PE Ratio	69.54
Forward PE	33.52
PS Ratio	7.27
Forward PS	3.3
PB Ratio	12.11
P/FCF Ratio	37.81
PEG Ratio	0.38

Financial Ratio History

Enterprise Valuation

On has an Enterprise Value (EV) of 16.27B.

EV / Sales	7.02
EV / EBITDA	40.68
EV / EBIT	31.87
EV / FCF	36.52

Financial Position

The company has a current ratio of 2.66, with a Debt / Equity ratio of 0.25.

Current Ratio	2.66
Quick Ratio	2.03
Debt / Equity	0.25
Debt / EBITDA	0.87
Debt / FCF	0.78
Interest Coverage	13.39

Financial Efficiency

Return on Equity is 17.41% and Return on Invested Capital is 10.32%.

Return on Equity	17.41%
Return on Assets	10.19%
Return on Invested Capital	10.32%
Revenue Per Employee	$712.45K
Profits Per Employee	$74.46K
Employee Count	3,254
Asset Turnover	0.98
Inventory Turnover	2.18

Taxes

Income Tax	37.4M
Effective Tax Rate	13.38%

Stock Price Statistics

The stock price has increased by 15.63% in the last 52 weeks. The beta is 2.24, so On's price volatility has been higher than the market average.

Beta	2.24
52-Week Price Change	15.63%
50-Day Moving Average	52.79
200-Day Moving Average	52.18
Relative Strength Index (RSI)	32.03
Average Volume (20 Days)	5,545,959

Income Statement

In the last 12 months, On had revenue of 2.32B and earned 242.3M in profits. Earnings per share was 0.71.

Revenue	2.32B
Gross Profit	1.41B
Operating Income	211.6M
Net Income	242.3M
EBITDA	400M
EBIT	295.4M
Earnings Per Share (EPS)	0.71

Full Income Statement

Balance Sheet

The company has 924.3M in cash and 347.6M in debt, giving a net cash position of 576.7M.

Cash & Cash Equivalents	924.3M
Total Debt	347.6M
Net Cash	576.7M
Retained Earnings	178.9M
Total Assets	2.42B
Working Capital	1.16B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 510.6M and capital expenditures -65M, giving a free cash flow of 445.6M.

Operating Cash Flow	510.6M
Capital Expenditures	-65M
Free Cash Flow	445.6M
FCF Per Share	1.31

Full Cash Flow Statement

Margins

Gross margin is 60.63%, with operating and profit margins of 9.13% and 10.45%.

Gross Margin	60.63%
Operating Margin	9.13%
Pretax Margin	12.06%
Profit Margin	10.45%
EBITDA Margin	17.25%
EBIT Margin	9.13%
FCF Margin	19.22%

Dividends & Yields

ONON does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Payout Ratio	n/a
Earnings Yield	1.44%
FCF Yield	2.64%

Dividend Details

Analyst Forecast

The average price target for ONON is $65, which is 42.1% higher than the current price. The consensus rating is "Buy".

Price Target	$65
Price Target Difference	42.1%
Analyst Consensus	Buy
Analyst Count	20

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	8.13
Graham Upside	-82.22%

Scores

Altman Z-Score	11.32
Piotroski F-Score	6

On Holding AG (ONON)