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ONON

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On Holding AG · Consumer Cyclical · Switzerland · $9.6B · Avg Vol: $218M/d

37
StockRank
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Q
76
V
32
M
20
P/E (TTM)
19.3x
ROE
24.0%
D/E
0.3x
Dividend %

COMPANY DESCRIPTION

On Holding AG designs and distributes high-performance athletic footwear, apparel, and accessories, primarily known for its patented CloudTec cushioning technology. The Swiss brand commands premium pricing and high brand loyalty through a selective wholesale distribution strategy and a rapidly growing direct-to-consumer channel. It operates as a high-growth disruptor in the global premium running and lifestyle footwear market.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue1.5B2.2B2.8B3.7B35.1%4.0B4.3B5.1B17.6%
EPS0.220.310.920.7651.0%1.451.3476.5%
Shares316.5M318.8M323.8M331.0M+4.6%301.7M
Debt196.7M280.8M426.3M639.5M48.1%695.2M
Equity1.2B1.3B1.7B2.0B19.0%
Op CF-278.4M284.6M626.2M440.9M24.5%649.4M
Inv CF-101.7M-57.8M-79.6M-96.4M
Fin CF7.7M-26.7M-67.9M-96.3M
Loading 1Y...
PRICE (1Y)-28.8%
27.0029.9432.8935.8338.78Jul 29Aug 19Sep 9
SMA 50SMA 200

Close
$27.00
RSI (14)
17.5
52W High
$51.08
From 52W High
0.5%

SCORE BREAKDOWN

Quality
76
ROIC
13.2%69.6
ROE
24.0%88.0
GP/Assets
73.2%91.6
Op. Margin
14.0%80.0
FCF/Assets
11.1%84.6
Piotroski
654.2
Int. Cover
12.6x59.4
D/E Ratio
0.29x61.5
Current Ratio
2.83x82.0
Value
32
P/E (TTM)
19.3x44.6
EV/EBITDA
14.5x30.3
P/FCF
24.6x35.1
P/B
3.2x27.1
P/S
2.4x23.1
Div Yield
N/A
Momentum
20
52W High %
53%15.9
RS 6M
-48%8.4
SMA 50/200
0.86x19.6
EPS Rev 4W
-4.0%10.9
EPS Rev 12W
-4.9%18.6
EPS Improve
+42%51.5
Q Growth
N/A

FUNDAMENTALS

Market Cap
$9.6B
P/E (Forward)
13.6x
Gross Margin
64.8%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of ONON are excluded.

TickerCompanyMkt CapStockRankSignal
ONONOn Holding AG(you)$9.6B37Hold
APTVAptiv PLC$9.5B36Hold
UHR.SWThe Swatch Group AG$12.0B46Hold
SIGN.SWSIG Group AG$6.6B44Hold
AMCRAmcor plc$21.6B45Hold
ALWN.ATAllwyn AG$12.8B62Hold
VGNTVersigent PLC$3.4B50Hold
AVOL.SWAvolta AG$7.8B70Buy
MOZN.SWmobilezone holding ag$703M50Hold
FOI-B.STFenix Outdoor International AG$365M39Hold

Peer medians: ROE 5.2% · P/E 30.3x · Gross margin 58.0%

On Holding AG (ONON): Stock Score Summary

On Holding AG (ONON) has a MoatMap StockRank of 37/100 based on Quality (76/100), Value (32/100), and Momentum (20/100) factor scores. The current signal is HOLD.

On Holding AG designs and distributes high-performance athletic footwear, apparel, and accessories, primarily known for its patented CloudTec cushioning technology. The Swiss brand commands premium pricing and high brand loyalty through a selective wholesale distribution strategy and a rapidly growing direct-to-consumer channel. It operates as a high-growth disruptor in the global premium running and lifestyle footwear market.

Key Financial Metrics

Price$27.00
Market Cap$9.6B
P/E (TTM)19.30
P/E (Forward)13.55
Price/Book3.22
Return on Equity24.0%
Return on Invested Capital13.2%
Debt/Equity0.29x
Gross Margin64.8%
Operating Margin14.0%
Revenue Growth13.5%
Free Cash Flow$392M

On Holding AG operates in the Footwear & Accessories industry, part of the Consumer Cyclical sector (Switzerland).

Frequently Asked Questions

What is On Holding AG’s (ONON) StockRank?
MoatMap’s StockRank for On Holding AG (ONON) is 37/100, with a Hold signal. It is a composite of Quality (76), Value (32), and Momentum (20) factor ranks across MoatMap’s universe of 25,000+ stocks.
Does On Holding AG have an economic moat?
On Holding AG (ONON) has a Quality factor score of 76/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is On Holding AG a buy, hold, or sell?
MoatMap’s current signal for On Holding AG (ONON) is Hold, based on a StockRank of 37/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is On Holding AG in?
On Holding AG (ONON) operates in the Consumer Cyclical sector, specifically the Footwear & Accessories industry (Switzerland).