On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, and young movers. It sells its products to athletes and active customers through wholesale and direct-to-consumer channels; run specialty, general sporting goods, outdoor, luxury, street fashion, and lifestyle retailers; owned retail stores; and e-commerce platforms. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.
Premium Performance | On Holding's innovative footwear technology drives 35% revenue growth and 60%+ gross margins, positioning it as a leader in the premium sportswear market |
Global Expansion | Explore On Holding's strategic moves into new markets and product categories, including plans to double apparel sales and increase global market share |
Financial Resilience | Delve into On Holding's strong financial health, with more cash than debt and an impressive Altman Z-Score of 9.09, indicating minimal financial distress risk |
Market Challenges | Analysts project an average price target of $65.83, reflecting optimism tempered by potential tariff impacts and intensifying competition in the athletic footwear secto |
Metrics to compare | ONON | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipONONPeersSector | |
|---|---|---|---|---|
P/E Ratio | 54.7x | 19.6x | 10.8x | |
PEG Ratio | −3.45 | 0.12 | 0.02 | |
Price/Book | 6.8x | 3.1x | 1.4x | |
Price / LTM Sales | 3.7x | 2.1x | 0.9x | |
Upside (Analyst Target) | 32.3% | 22.8% | 28.2% | |
Fair Value Upside | Unlock | 24.3% | 13.2% | Unlock |