On Holding AG (ONON)
On AG Statistics
Share Statistics
On AG has 323.84M shares outstanding. The number of shares has increased by 1.42% in one year.
| Shares Outstanding | 323.84M |
| Shares Change (YoY) | 1.42% |
| Shares Change (QoQ) | 1.16% |
| Owned by Institutions (%) | 49.86% |
| Shares Floating | 242.68M |
| Failed to Deliver (FTD) Shares | 691 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 14.9M, so 4.61% of the outstanding shares have been sold short.
| Short Interest | 14.9M |
| Short % of Shares Out | 4.61% |
| Short % of Float | 6.68% |
| Short Ratio (days to cover) | 3.94 |
Valuation Ratios
The PE ratio is 69.54 and the forward PE ratio is 31.48. On AG's PEG ratio is 0.38.
| PE Ratio | 69.54 |
| Forward PE | 31.48 |
| PS Ratio | 7.27 |
| Forward PS | 2 |
| PB Ratio | 12.11 |
| P/FCF Ratio | 37.81 |
| PEG Ratio | 0.38 |
Enterprise Valuation
On AG 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 34.58% in the last 52 weeks. The beta is 2.33, so On AG's price volatility has been higher than the market average.
| Beta | 2.33 |
| 52-Week Price Change | 34.58% |
| 50-Day Moving Average | 47.27 |
| 200-Day Moving Average | 48.99 |
| Relative Strength Index (RSI) | 45.6 |
| Average Volume (20 Days) | 5.62M |
Income Statement
In the last 12 months, On AG 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 |
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 | 2.38B |
| Working Capital | 1.1B |
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 |
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% |
Analyst Forecast
The average price target for ONON is $61.5, which is 44.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.5 |
| Price Target Difference | 44.7% |
| Analyst Consensus | Buy |
| Analyst Count | 22 |
Scores
| Altman Z-Score | 10.56 |
| Piotroski F-Score | 5 |