Compound Radar

On Holding AG (ONON) Stock Analysis

Price $27.27
Market cap $9.11B
Next earnings Nov 11, 2026
Entry status Wait

Last updated Sep 8, 2026

Health Check

Last analyzed Sep 7, 2026

79
79/100 Elite Quality
  • Financial Health 85
  • Profitability 85
  • Business Quality 75
  • Balance Sheet 65
  • Cash Flow 80

Why this rating?

Health 79/100 — Elite Quality

Strongest Financial Health 85/100
Softest Balance Sheet 65/100
Wait

Entry timing is weak right now. Quality may be fine; the setup is not.

Company overview

On Holding AG (ONON) is a Footwear & Accessories company in the Consumer Cyclical sector. Compound Radar rates On Holding AG 79/100 (Elite Quality) due to high business quality, steady revenue growth, and manageable leverage.

Investment profile

  • Quality High
  • Growth Moderate
  • Balance Sheet Adequate
  • Valuation Attractive

Financial highlights

Valuation

  • P/E 18.81
  • Forward P/E 16.24
  • PEG 0.46
  • EV/Revenue 2.7

Profitability

  • Revenue Growth 13.5%
  • Gross Margin 64.8%
  • Operating Margin 14.0%
  • Net Margin 12.3%
  • ROE 24.0%

Financial strength

  • Cash $1.24B
  • Debt $562.50M
  • Net Cash $676.90M
  • Free Cash Flow $280.90M
  • Current Ratio 2.83

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FAQ

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