Head-To-Head Comparison: ON (ONON) and Its Competitors

ON (NYSE:ONON) is one of 60 publicly-traded companies in the “RETAIL – APP/SHOE” industry, but how does it weigh in compared to its peers? We will compare ON to similar companies based on the strength of its institutional ownership, valuation, earnings, analyst recommendations, dividends, profitability and risk.

Analyst Ratings

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ON	0	2	18	2	3.00
ON Competitors	872	4916	5301	112	2.42

ON currently has a consensus price target of $63.85, suggesting a potential upside of 17.71%. As a group, “RETAIL – APP/SHOE” companies have a potential upside of 20.75%. Given ON’s peers higher probable upside, analysts plainly believe ON has less favorable growth aspects than its peers.

Institutional and Insider 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 insiders. Comparatively, 19.8% of shares of all “RETAIL – APP/SHOE” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares ON and its peers’ 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%

Volatility & Risk

ON has a beta of 2.25, meaning that its stock price is 125% more volatile than the S&P 500. Comparatively, ON’s peers have a beta of 1.27, meaning that their average stock price is 27% more volatile than the S&P 500.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
ON	$2.63 billion	$275.23 million	77.49
ON Competitors	$6.23 billion	$362.55 million	56.70

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

Summary

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

ON Company Profile

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.