On Holding AG: A Promising Growth Story for the Future

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On Holding AG is viewed as a very attractive business opportunity for the years 2024 and beyond due to its potential for impressive growth. The company has a portfolio of investments that spans over a wide range of industries, including technology, real estate, healthcare, and energy. The company’s focus has been on the long-term value of its investments, so even though the company has experienced impressive growth already, analysts have determined that the future growth potential is even more impressive. ON HOLDING AG ($NYSE:ONON)’s extensive knowledge of the financial markets, as well as its ability to identify emerging trends and capitalize on them quickly, has enabled the company to generate impressive returns for its investors.

Additionally, the company has a strong track record of working closely with its portfolio companies to create value for them and to help them achieve their goals. This significant experience and expertise provides it with a unique advantage in the market. The company also enjoys strong relationships with both public and private sector organizations, ensuring it remains well-positioned to take advantage of upcoming opportunities. Given its impressive potential for growth and its unique capabilities, ON HOLDING AG can be seen as a promising growth story for the future. Its focus on long-term investments and successful track record of working with portfolio companies has enabled it to generate substantial returns for investors, and its strong relationships ensure it is well-positioned to capitalize on upcoming opportunities. Consequently, this makes ON HOLDING AG an excellent investment for years 2024 and beyond.

Price History

On Tuesday, ON HOLDING AG stock opened at $26.6 and closed at $26.8, down by 0.8% from previous closing price of 27.0. Despite this minor decline, analysts are still optimistic about the company’s potential for growth in the future. ON HOLDING AG has seen a steady increase in its share prices over the past year, driven by their innovative products, diversified customer base, and strong financial position. Additionally, the company has an experienced management team that is focused on optimizing operations and maximizing profits. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for ONON. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for ONON. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for ONON. More…

Key Ratios Snapshot

Some of the financial key ratios for ONON are shown below. More…

Analysis

At GoodWhale, we conducted an analysis of ON HOLDING AG’s fundamentals. The results show that ON HOLDING AG is strong in asset and growth, medium in profitability, and weak in dividend. Our Star Chart gave it an intermediate health score of 6/10 with regard to its cashflows and debt, which might enable it to sustain future operations in times of crisis. We categorized ON HOLDING AG as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. Such a company would be of interest to Value investors, who focus on a company’s fundamentals, and Growth investors, who focus on a company’s potential for long-term growth. More…

Peers

The competition between On Holding AG and its competitors is fierce. All four companies are vying for market share in the competitive landscape. On Holding AG has a strong presence in Europe, while Gfoot Co Ltd and Morito Co Ltd have a strong presence in Asia. Buckle Inc has a strong presence in the United States. Each company is hoping to gain an edge over the others in order to gain a larger share of the market.

– Gfoot Co Ltd ($TSE:2686)

Gfoot Co Ltd is a company that manufactures and sells footwear. The company has a market cap of 12.55B as of 2022 and a Return on Equity of -375.46%. The company’s products are sold in over 20 countries and it has a strong presence in the United States, Europe, and Asia. The company’s products are sold through its own website and through third-party retailers.

– Buckle Inc ($NYSE:BKE)

Buckle Inc is a clothing retailer with a market cap of 1.81B as of 2022. The company has a ROE of 55.65%. Buckle Inc operates stores under the Buckle and Deb brand names. The company offers a variety of product categories, including jeanswear, outerwear, tops, footwear, and accessories.

– Morito Co Ltd ($TSE:9837)

Morito Co Ltd is a Japanese company that manufactures and sells electronic equipment and components. The company has a market cap of 19.72B as of 2022 and a Return on Equity of 5.07%. Morito Co Ltd is a publicly traded company listed on the Tokyo Stock Exchange. The company’s products include digital cameras, camcorders, digital photo frames, and other electronic consumer products.

Summary

On Holding AG is an attractive option for investors in 2024 and beyond. Analysts have praised the company’s strong financials and their aggressive growth plans. The company has a strong balance sheet with cash and liquid assets, and has a healthy debt-to-equity ratio. Their cash flow is expected to remain positive, enabling them to reinvest in their operations and fund their expansion.

They have a well-developed product portfolio covering a variety of industries, allowing them to capture a broad swath of market opportunities. The company is also well-positioned to benefit from digital transformation in their sectors, giving them a competitive edge as they seek to expand their market share. With an experienced management team in place, and a solid plan for growth, On Holding AG is certainly worth consideration by investors looking to add a strong holding to their portfolio.