on holding ag - ONON

ONON

Close Chg Chg %
56.19 1.94 3.45%

Closed Market

58.13

+1.94 (3.45%)

Volume: 4.18M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: on holding ag - ONON

ONON Key Data

Open

$56.88

Day Range

56.88 - 58.50

52 Week Range

25.78 - 58.50

Market Cap

$17.99B

Shares Outstanding

320.12M

Public Float

213.21M

Beta

2.25

Rev. Per Employee

N/A

P/E Ratio

126.41

EPS

$0.44

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

4.14M

 

ONON Performance

1 Week
 
11.96%
 
1 Month
 
14.77%
 
3 Months
 
30.42%
 
1 Year
 
104.11%
 
5 Years
 
N/A
 

ONON Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 25
Full Ratings ➔

About on holding ag - ONON

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

ONON At a Glance

On Holding AG
Förrlibuckstrasse 190
Zurich, Zurich 8005
Phone 41-44-225-15-77 Revenue 1.99B
Industry Apparel/Footwear Net Income 88.58M
Sector Consumer Non-Durables 2023 Sales Growth 55.847%
Fiscal Year-end 12 / 2024 Employees 2,353
View SEC Filings

ONON Valuation

P/E Current 126.412
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 97.084
Price to Sales Ratio 4.372
Price to Book Ratio 6.734
Price to Cash Flow Ratio 34.728
Enterprise Value to EBITDA 30.86
Enterprise Value to Sales 4.222
Total Debt to Enterprise Value 0.034

ONON Efficiency

Revenue/Employee 847,517.916
Income Per Employee 37,644.342
Receivables Turnover 6.762
Total Asset Turnover 1.167

ONON Liquidity

Current Ratio 3.767
Quick Ratio 2.601
Cash Ratio 1.618

ONON Profitability

Gross Margin 56.37
Operating Margin 10.061
Pretax Margin 3.856
Net Margin 4.442
Return on Assets 5.182
Return on Equity 7.621
Return on Total Capital 5.656
Return on Invested Capital 6.56

ONON Capital Structure

Total Debt to Total Equity 22.68
Total Debt to Total Capital 18.487
Total Debt to Total Assets 15.198
Long-Term Debt to Equity 17.711
Long-Term Debt to Total Capital 14.436
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for On Holding Ag - ONON

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
453.11M 792.54M 1.28B 1.99B
Sales Growth
+68.57% +74.91% +61.46% +55.85%
Cost of Goods Sold (COGS) incl D&A
217.24M 353.26M 604.36M 870.08M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
12.88M 34.36M 48.58M 72.22M
Depreciation
9.00M 24.73M 38.85M 60.98M
Amortization of Intangibles
3.89M 9.63M 9.74M 11.24M
COGS Growth
+69.00% +62.61% +71.08% +43.97%
Gross Income
235.87M 439.28M 675.24M 1.12B
Gross Income Growth
+68.18% +86.24% +53.72% +66.48%
Gross Profit Margin
+52.06% +55.43% +52.77% +56.37%
2020 2021 2022 2023 5-year trend
SG&A Expense
254.08M 593.60M 586.14M 923.49M
Research & Development
- - - -
-
Other SG&A
254.08M 593.60M 586.14M 923.49M
SGA Growth
+88.88% +133.62% -1.26% +57.56%
Other Operating Expense
- - - -
-
Unusual Expense
- - - (1.49M)
-
EBIT after Unusual Expense
(18.21M) (152.83M) 89.10M 200.63M
Non Operating Income/Expense
(6.86M) (17.85M) (837.64K) (111.17M)
Non-Operating Interest Income
- - 5.97M 12.80M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
965.25K 3.87M 6.70M 12.57M
Interest Expense Growth
+50.35% +301.25% +73.02% +87.65%
Gross Interest Expense
965.25K 3.87M 6.70M 12.57M
Interest Capitalized
- - - -
-
Pretax Income
(26.04M) (174.55M) 81.57M 76.89M
Pretax Income Growth
-922.29% -570.34% +146.73% -5.73%
Pretax Margin
-5.75% -22.02% +6.37% +3.86%
Income Tax
3.28M 11.64M 21.15M (11.68M)
Income Tax - Current - Domestic
4.38M 7.71M 40.52M 39.73M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(1.09M) 3.93M (19.37M) (51.41M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(29.32M) (186.19M) 60.41M 88.58M
Minority Interest Expense
- - - -
-
Net Income
(29.32M) (186.19M) 60.41M 88.58M
Net Income Growth
-1,878.40% -534.94% +132.45% +46.62%
Net Margin Growth
-6.47% -23.49% +4.72% +4.44%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(29.32M) (186.19M) 60.41M 88.58M
Preferred Dividends
- - - -
-
Net Income Available to Common
(29.32M) (186.19M) 60.41M 88.58M
EPS (Basic)
-0.0959 -0.5979 0.1907 0.2778
EPS (Basic) Growth
-1,857.14% -523.46% +131.89% +45.67%
Basic Shares Outstanding
305.73M 311.41M 316.74M 318.81M
EPS (Diluted)
-0.0959 -0.5979 0.1889 0.274
EPS (Diluted) Growth
-1,857.14% -523.46% +131.59% +45.05%
Diluted Shares Outstanding
305.73M 311.41M 319.78M 323.26M
EBITDA
(5.33M) (119.96M) 137.69M 272.85M
EBITDA Growth
-148.02% -2,150.58% +214.78% +98.17%
EBITDA Margin
-1.18% -15.14% +10.76% +13.68%

Snapshot

Average Recommendation BUY Average Target Price 52.903
Number of Ratings 25 Current Quarters Estimate 0.148
FY Report Date 12 / 2024 Current Year's Estimate 0.82
Last Quarter’s Earnings 0.15 Median PE on CY Estimate N/A
Year Ago Earnings 0.35 Next Fiscal Year Estimate 0.939
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 17 14 15 23
Mean Estimate 0.15 0.19 0.82 0.94
High Estimates 0.28 0.25 0.91 1.14
Low Estimate 0.03 0.11 0.78 0.60
Coefficient of Variance 40.47 18.37 5.41 16.04

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 19 14 14
OVERWEIGHT 4 5 4
HOLD 2 4 4
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Overweight Overweight

On Holding Ag in the News