ON HOLDING AG-CLASS A (ONON) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ONON - CH1134540470 - Common Stock
48.76 USD
-0.74 (-1.49%)
49.1 USD
+0.34 (+0.7%)
We assign a fundamental rating of 6 out of 10 to ONON. ONON was compared to 45 industry peers in the Textiles, Apparel & Luxury Goods industry. ONON has an excellent financial health rating, but there are some minor concerns on its profitability. ONON is valued quite expensive, but it does show an excellent growth. These ratings would make ONON suitable 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.
In multiple years ONON reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.34%, ONON is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
The Return On Equity of ONON (9.73%) is better than 62.22% of its industry peers.
ONON's Return On Invested Capital of 13.78% is fine compared to the rest of the industry. ONON outperforms 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ONON is below the industry average of 11.80%.
The last Return On Invested Capital (13.78%) for ONON is above the 3 year average (9.76%), which is a sign of increasing profitability.
| 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 75.56% of its industry peers.
The Operating Margin of ONON (10.87%) is better than 80.00% of its industry peers.
In the last couple of years the Operating Margin of ONON has grown nicely.
With a decent Gross Margin value of 61.00%, ONON is doing good in the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Gross Margin of ONON has grown nicely.
| 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
ONON has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, ONON has more shares outstanding
The number of shares outstanding for ONON has been increased compared to 5 years ago.
Compared to 1 year ago, ONON has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 9.03 indicates that ONON is not in any danger for bankruptcy at the moment.
ONON has a Altman-Z score of 9.03. This is amongst the best in the industry. ONON outperforms 95.56% 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.
The Debt to FCF ratio of ONON (1.43) is better than 86.67% of its industry peers.
A Debt/Equity ratio of 0.31 indicates that ONON is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.31, ONON is doing good in the industry, outperforming 64.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 9.03 |
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.
ONON's Current ratio of 2.53 is fine compared to the rest of the industry. ONON outperforms 73.33% of its industry peers.
ONON has a Quick Ratio of 2.00. This is a normal value and indicates that ONON is financially healthy and should not expect problems in meeting its short term obligations.
ONON has a better Quick ratio (2.00) than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.53 | ||
| Quick Ratio | 2 |
3. Growth
3.1 Past
ONON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 68.42%, which is quite impressive.
The Revenue has grown by 33.26% in the past year. This is a very strong growth!
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
ONON is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.04% yearly.
Based on estimates for the next years, ONON will show a very strong growth in Revenue. The Revenue will grow by 22.91% on average per year.
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 40.30, the valuation of ONON can be described as expensive.
Based on the Price/Earnings ratio, ONON is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.56, ONON is valued quite expensively.
The Price/Forward Earnings ratio is 28.43, which means the current valuation is very expensive for ONON.
Based on the Price/Forward Earnings ratio, ONON is valued a bit more expensive than 68.89% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.79. ONON is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.3 | ||
| Fwd PE | 28.43 |
4.2 Price Multiples
77.78% of the companies in the same industry are cheaper than ONON, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ONON is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.84 | ||
| EV/EBITDA | 29.97 |
4.3 Compensation for Growth
ONON has a very decent profitability rating, which 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
ONON does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
48.76
-0.74 (-1.49%)
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 Cap16.10B
Revenue(TTM)2.88B
Net Income(TTM)135.90M
Analysts82.29
Price Target63.21 (29.63%)
Short Float %7.43%
Short Ratio2.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 | 40.3 | ||
| Fwd PE | 28.43 | ||
| P/S | 4.71 | ||
| P/FCF | 36.84 | ||
| P/OCF | 30.77 | ||
| P/B | 9.17 | ||
| P/tB | 9.55 | ||
| EV/EBITDA | 29.97 |
EPS(TTM)1.21
EY2.48%
EPS(NY)1.72
Fwd EY3.52%
FCF(TTM)1.32
FCFY2.71%
OCF(TTM)1.58
OCFY3.25%
SpS10.35
BVpS5.32
TBVpS5.11
PEG (NY)N/A
PEG (5Y)N/A
Graham Number12.03
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 | 9.03 |
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.