On Holding Financials

ONON Stock  USD 58.33  0.43  0.74%   
Based on the key indicators obtained from On Holding's historical financial statements, On Holding is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, On Holding's Non Currrent Assets Other are very stable compared to the past year. As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 344.5 M, while Total Assets are likely to drop about 1 B. Key indicators impacting On Holding's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00110.0012
Notably Down
Slightly volatile
Current Ratio2.863.7673
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for On Holding includes many different criteria found on its balance sheet. An individual investor should monitor On Holding's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in On Holding.

Net Income

83.58 Million

  
Understanding current and past On Holding Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of On Holding's financial statements are interrelated, with each one affecting the others. For example, an increase in On Holding's assets may result in an increase in income on the income statement.

On Holding Stock Summary

On Holding competes with Crocs, Skechers USA, Nike, Designer Brands, and Deckers Outdoor. On Holding AG develops and distributes sports products worldwide. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland. On Holding operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 1158 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCH1134540470
CUSIPH5919C104
LocationSwitzerland
Business AddressFrrlibuckstrasse 190, Zurich,
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.on-running.com
Phone41 44 225 15 55
CurrencyUSD - US Dollar

On Holding Key Financial Ratios

ONON Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining On Holding's current stock value. Our valuation model uses many indicators to compare On Holding value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across On Holding competition to find correlations between indicators driving On Holding's intrinsic value. More Info.
On Holding is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.61  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for On Holding is roughly  1.64 . At this time, On Holding's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the On Holding's earnings, one of the primary drivers of an investment's value.

On Holding Systematic Risk

On Holding's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. On Holding volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on On Holding correlated with the market. If Beta is less than 0 On Holding generally moves in the opposite direction as compared to the market. If On Holding Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one On Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of On Holding is generally in the same direction as the market. If Beta > 1 On Holding moves generally in the same direction as, but more than the movement of the benchmark.

On Holding Thematic Clasifications

On Holding is part of Apparel investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Apparel industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
ApparelView
This theme covers USA Equities from Apparel industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in On Holding Stock are looking for potential investment opportunities by analyzing not only static indicators but also various On Holding's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of On Holding growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.47

At this time, On Holding's Price Earnings To Growth Ratio is very stable compared to the past year.

On Holding November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of On Holding help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of On Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of On Holding based on widely used predictive technical indicators. In general, we focus on analyzing ONON Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build On Holding's daily price indicators and compare them against related drivers.
When determining whether On Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of On Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of On Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on On Holding Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in On Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Textiles, Apparel & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of On Holding. If investors know ONON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about On Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
0.44
Revenue Per Share
6.706
Quarterly Revenue Growth
0.323
Return On Assets
0.0652
The market value of On Holding is measured differently than its book value, which is the value of ONON that is recorded on the company's balance sheet. Investors also form their own opinion of On Holding's value that differs from its market value or its book value, called intrinsic value, which is On Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because On Holding's market value can be influenced by many factors that don't directly affect On Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between On Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if On Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, On Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.