ONON Stock Fair Value Calculator – On Holding Stock Surges 108% in 2023, Fueled by Mega Appetite for the Company’s Shares
August 9, 2023
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On ($NYSE:ONON) Holding AG, a publicly-traded company, has experienced dramatic stock growth in the year 2023. This surge in share prices is a direct result of the ever-increasing investor enthusiasm for the company. On Holding AG is a Switzerland-based company specializing in the development and maintenance of electronic products and services. It is particularly renowned for its e-commerce platform, which offers customers access to a wide range of products and services. Furthermore, the company’s offerings include mobile applications, cloud services, and web solutions that cater to a variety of consumer needs. The company’s business has been thriving in recent years, with revenues increasing steadily and profits soaring. This growth has been driven by the company’s ability to capitalize on emerging trends in the market, such as the expanding popularity of e-commerce and mobile applications.
Furthermore, the company has implemented effective cost-saving measures, such as streamlining operations and reducing unnecessary expenditures. These successes have allowed On Holding AG to reward shareholders by increasing dividends and share repurchases. As a result, investors have flocked to the stock, pushing up its value and resulting in the impressive 108% rally this year. With investors continuing to show confidence in the company’s prospects, it is likely that On Holding AG’s stock will remain one of the most sought-after securities on the market.
Analysis – ONON Stock Fair Value Calculator
At GoodWhale, we conducted a fundamental analysis of ON HOLDING AG in order to estimate its intrinsic value. Through our proprietary Valuation Line, we determined the underlying value of the company’s share to be around $35.7. Interestingly, it is currently trading at $35.3, making the stock slightly undervalued by about 1.2%. This suggests that ON HOLDING AG might be worth considering for a long-term investment, as it has the potential to yield good returns in the future. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ONON. More…
| Total Revenues | Net Income | Net Margin |
| 1.41k | 87.8 | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ONON. More…
| Operations | Investing | Financing |
| -164.4 | -76.3 | -8.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ONON. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.54k | 525.4 | 3.21 |
Key Ratios Snapshot
Some of the financial key ratios for ONON are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 66.0% | 146.4% | 8.1% |
| FCF Margin | ROE | ROA |
| -17.1% | 7.2% | 4.6% |
Peers
The competition between On Holding AG and its competitors is fierce. All four companies are vying for market share in the competitive landscape. On Holding AG has a strong presence in Europe, while Gfoot Co Ltd and Morito Co Ltd have a strong presence in Asia. Buckle Inc has a strong presence in the United States. Each company is hoping to gain an edge over the others in order to gain a larger share of the market.
– Gfoot Co Ltd ($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
Investing analysis of ON HOLDING AG shows a massive year of growth in 2023, with its stock price increasing 108%. This increase in the stock price is due to the high investor demand for the company’s shares and indicates a positive outlook for the future. Analysts suggest that investors continue to monitor the stock’s performance closely, as the company’s future growth trajectory is likely to remain strong. Additionally, it is recommended that potential investors research the company further before making an investment decision.
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