Contrasting ON (ONON) & Its Competitors

ON (NYSE:ONONGet Free Report) is one of 60 public companies in the “RETAIL – APP/SHOE” industry, but how does it compare to its competitors? We will compare ON to related businesses based on the strength of its analyst recommendations, earnings, valuation, profitability, institutional ownership, risk and dividends.

Volatility and Risk

ON has a beta of 2.35, suggesting that its stock price is 135% more volatile than the S&P 500. Comparatively, ON’s competitors have a beta of 1.30, suggesting that their average stock price is 30% more volatile than the S&P 500.

Profitability

This table compares ON and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ON 7.81% 14.79% 8.83%
ON Competitors -6.38% 2.18% 1.42%

Valuation & Earnings

This table compares ON and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
ON $2.63 billion $275.23 million 75.05
ON Competitors $5.94 billion $362.55 million 53.88

ON’s competitors have higher revenue and earnings than ON. ON is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a summary of recent recommendations for ON and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ON 0 2 18 2 3.00
ON Competitors 871 4915 5299 112 2.42

ON currently has a consensus target price of $63.85, indicating a potential upside of 21.54%. As a group, “RETAIL – APP/SHOE” companies have a potential upside of 25.15%. Given ON’s competitors higher probable upside, analysts plainly believe ON has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

36.4% of ON shares are held by institutional investors. Comparatively, 66.4% of shares of all “RETAIL – APP/SHOE” companies are held by institutional investors. 68.6% of ON shares are held by company insiders. Comparatively, 19.7% of shares of all “RETAIL – APP/SHOE” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

ON beats its competitors on 9 of the 13 factors compared.

ON Company Profile

(Get Free Report)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores. The company was founded by David Allemann, Olivier Bernhard, and Caspar Coppetti in January 2010 and is headquartered in Zurich, Switzerland.

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