* Note: Prices are in Million (M) USD.
Description:
On Holding AG develops and distributes sports products worldwide. The company is headquartered in Zurich, Switzerland.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Cash : $924 M
Debt : $348 M
EBITDA : $294 M
Since Cash is greater than Total Debt, 5 points assigned.
This criteria used industry in which company operates:
Sector: MANUFACTURING
Industry: RUBBER & PLASTICS FOOTWEAR
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Forward PE Ratio: 40.73
Since Forward PE Ratio is greater than 35, 0 point assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Average Free Cash Flow: $42 M
Average Revenue: $1,125 M
Revenue Converted To Free Cash FLow(%): 4%
Since Free Cash Flow (FCF) to Revenue percentage is less than 15, 1 point assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2024-12-31): $2,318 M
Revenue 4 Years Ago (2020-12-31): $425 M
Last 5 Years Average Revenue Growth: 89%
Since Revenue Growth is greater than 20, 5 points assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2024-12-31): $339 M
Share Count 5 Years Ago (2020-12-31): $306 M
Company is not buying back its own shares, 0 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $1.33
Trailing 12-Month Earnings Per Share (EPS): $0.98
Average Earnings Per Share (EPS): $1.15
Dividend Per Share (DPS): $0
Payout Ratio: 0%
Dividend Yield: 0%
Since Dividend Per Share is less than or equal to 0, 0 point assigned.
Since Dividend Yield is less than 1, 0 point assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Average ROE: -0%
Since Average ROE is negative, 0 point assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $47
52-Week Low: $35
Threshold Price (15% Above 52-Week Low): $40
Since Current price is not within 15% threshold, 0 point assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $16,554 M
Since Market Cap is between 10B - 100B, 2 points assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 3% exposure of Total Portfolio.
Value-Trade has assigned 16 points to above On Holding Ltd (ONON) stock.
Last 4 Years Avg PE (Limited to last 4 years of EPS data) 40, Fair Value PE 12, Industry Based PE is 16 and Growth based PE is 44. Based on these all values average assigned is 28.00.
Value-Trades has assined P/E value 28.00. Since an average (Current Year EPS + Next Year EPS) earning per share is $1.15475.
The fair value of On Holding Ltd (ONON) stock should be (28.00 x $1.15475) = $32.33
