ON Semiconductor Shareholders Reap 76% CAGR in 3 Years, Proving the Potential of Stock Picking in 2023
March 17, 2023
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For investors, the search for truly remarkable stocks has become a major component of stock selection. On ($NASDAQ:ON)e example of a stock that has seen remarkable returns recently is ON Semiconductor. Over the past three years, ON Semi shareholders have seen a return of 76% CAGR, which is an impressive achievement. This stellar performance proves that there is potential in stock picking and that investors can reap significant rewards by investing in well-researched companies.
However, it is impossible to make a correct decision each and every time. As such, it is imperative to carefully consider market conditions, company fundamentals, and any industry trends that may affect the performance of a stock before investing. Despite these precautions, there is always the potential for risk, so it is essential to ensure that any portfolio is diversified with a mix of stocks, bonds, and other safe investments. In conclusion, ON Semiconductor’s strong performance in the past three years stands as an example of the potential of stock picking in 2023 and beyond.
Share Price
On Monday, ON SEMICONDUCTOR opened at $76.7 and closed at $77.8, down by 0.8% from last closing price of 78.4. Despite the minor decrease in share price, current news sentiment surrounding the company is overwhelmingly positive, with many touting the potential of stock picking in 2023. This is largely due to the fact that ON SEMICONDUCTOR shareholders have seen a compound annual growth rate (CAGR) of 76% over the past three years. This impressive growth rate highlights the potential of investing in ON SEMICONDUCTOR stock and provides a strong incentive for investors to consider the company when making future investments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for On Semiconductor. More…
| Total Revenues | Net Income | Net Margin |
| 8.33k | 1.9k | 26.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for On Semiconductor. More…
| Operations | Investing | Financing |
| 2.63k | -705.4 | -370 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for On Semiconductor. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.98k | 5.77k | 14.33 |
Key Ratios Snapshot
Some of the financial key ratios for On Semiconductor are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.7% | 63.5% | 29.5% |
| FCF Margin | ROE | ROA |
| 19.2% | 25.9% | 12.8% |
Analysis
GoodWhale has conducted an analysis of ON SEMICONDUCTOR‘s financials. Our Risk Rating indicates that ON SEMICONDUCTOR is a medium risk investment in terms of financial and business aspects. We have detected one risk warning in the balance sheet. If you are a registered user, you can access this information and gain further insight into the company’s financial risk profile. More…
Peers
The semiconductor industry is highly competitive, with a large number of companies vying for market share. ON Semiconductor Corp is one of the leading players in this industry, and its main competitors are NXP Semiconductors NV, STMicroelectronics NV, and Texas Instruments Inc. All of these companies are large, well-established players with a significant presence in the semiconductor market.
– NXP Semiconductors NV ($NASDAQ:NXPI)
NXP Semiconductors NV is a global semiconductor company with a market cap of 37.11B as of 2022. The company’s return on equity (ROE) is 41.87%. NXP Semiconductors NV designs, manufactures and supplies semiconductor and system solutions for automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing markets.
– STMicroelectronics NV ($LTS:0INB)
STMicroelectronics is a global semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor products, including integrated circuits, discrete and analog devices. Its products are used in a wide range of electronic applications, including mobile phones, computers, automotive electronics, industrial control and consumer applications. The company has a market cap of $29.74 billion and a return on equity of 20.91%.
– Texas Instruments Inc ($NASDAQ:TXN)
As of 2022, Texas Instruments Inc has a market cap of 139.48B and a Return on Equity of 62.22%. Texas Instruments Inc is a company that produces semiconductors and other electronics.
Summary
Investing in ON Semiconductor has proven to be extremely profitable for shareholders in the last three years, with a compound annual growth rate (CAGR) of 76%. The stock has seen significant appreciation in value due to a combination of positive market sentiment, strong fundamentals, and strategic decisions. With growth expected to continue in 2023, investors should carefully consider ON Semiconductor as a potential stock pick to diversify their portfolios.
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