(ON) ON Semiconductor - Overview
Sector: Technology | Industry: Semiconductors | Exchange: NASDAQ (USA) | Market Cap: 44.088m USD | Total Return: 154.1% in 12m
Power Semiconductors, Image Sensors, Analog Circuits, Mixed-Signal ICs
Total Rating 67
Safety 82
Buy Signal 1.74
Semiconductors
Industry Rotation: +15.8
Industry Rotation: +15.8
Market Cap:
44.1B
Avg Turnover: 1.17B
Avg Turnover: 1.17B
Risk 3d forecast
Volatility59.1%
VaR 5th Pctl9.93%
VaR vs Median1.96%
Reward TTM
Sharpe Ratio1.96
Rel. Str. IBD96.1
Rel. Str. Peer Group62.1
Character TTM
Beta2.344
Beta Downside2.411
Hurst Exponent0.546
Drawdowns 3y
Max DD70.44%
CAGR/Max DD0.15
CAGR/Mean DD0.28
EPS (Earnings per Share)
EPS CAGR: -17.89%
EPS Trend: -89.9%
EPS Trend: -89.9%
Last SUE: 1.17
Qual. Beats: 1
Qual. Beats: 1
Revenue
Rev. CAGR: -8.19%
Rev. Trend: -91.8%
Rev. Trend: -91.8%
Last SUE: 1.04
Qual. Beats: 1
Qual. Beats: 1
Warnings
P/E ratio 83.4
Tailwinds
Leader, Tailwind, Confidence
Description: ON ON Semiconductor
ON Semiconductor Corporation (NASDAQ: ON) specializes in intelligent sensing and power management technologies through three primary divisions: the Power Solutions Group, the Analog and Mixed-Signal Group, and the Intelligent Sensing Group. Headquartered in Arizona, the company provides essential components for power conversion, signal conditioning, and high-resolution imaging across global markets.
The firm operates within the semiconductor industry, a sector characterized by high capital intensity and cyclical demand driven by advancements in electrification and automation. ON’s business model focuses on the automotive and industrial sectors, where its silicon carbide (SiC) and image sensor technologies are critical for electric vehicle drivetrains and advanced driver-assistance systems (ADAS).
For a deeper dive into these technical segments and their long-term growth prospects, investors may find ValueRays analytical tools useful. The company’s diverse portfolio of discrete and integrated devices positions it as a key supplier for AI data centers and robotics manufacturers requiring efficient power distribution and precision sensing.
- Silicon carbide manufacturing ramp accelerates electric vehicle power module revenue growth
- Industrial automation demand fluctuations impact high-margin intelligent sensing segment sales
- AI data center expansion drives demand for advanced power management solutions
- Strategic manufacturing footprint optimization reduces fixed costs and improves gross margins
- Automotive semiconductor inventory levels influence short-term revenue and earnings volatility
Piotroski VR‑10 (Strict)
7.5
| Net Income: 573.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 1.53 > 1.0 |
| NWC/Revenue: 75.71% < 20% (prev 75.74%; Δ -0.03% < -1%) |
| CFO/TA 0.12 > 3% & CFO 1.40b > Net Income 573.7m |
| Net Debt (1.00b) to EBITDA (1.22b): 0.82 < 3 |
| Current Ratio: 4.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (394.1m) vs 12m ago -6.46% < -2% |
| Gross Margin: 37.22% > 18% (prev 0.40%; Δ 3.68k% > 0.5%) |
| Asset Turnover: 48.00% > 50% (prev 50.29%; Δ -2.29% > 0%) |
| Interest Coverage Ratio: 10.49 > 6 (EBITDA TTM 1.22b / Interest Expense TTM 65.6m) |
Altman Z''
6.93
| A: 0.38 (Total Current Assets 5.78b - Total Current Liabilities 1.19b) / Total Assets 12.01b |
| B: 0.68 (Retained Earnings 8.21b / Total Assets 12.01b) |
| C: 0.05 (EBIT TTM 688.0m / Avg Total Assets 12.63b) |
| D: 1.74 (Book Value of Equity 8.15b / Total Liabilities 4.69b) |
| Altman-Z'' Score: 6.93 = AAA |
Beneish M
-2.88
| DSRI: 1.15 (Receivables 862.8m/825.0m, Revenue 6.06b/6.67b) |
| GMI: 1.07 (GM 37.22% / 39.85%) |
| AQI: 1.16 (AQ_t 0.27 / AQ_t-1 0.23) |
| SGI: 0.91 (Revenue 6.06b / 6.67b) |
| TATA: -0.07 (NI 573.7m - CFO 1.40b) / TA 12.01b) |
| Beneish M-Score: -2.88 (Cap -4..+1) = A |
What is the price of ON shares?
As of May 16, 2026, the stock is trading at USD 113.11 with a total of 10,935,299 shares traded.
Over the past week, the price has changed by +9.60%, over one month by +56.16%, over three months by +57.18% and over the past year by +154.07%.
Over the past week, the price has changed by +9.60%, over one month by +56.16%, over three months by +57.18% and over the past year by +154.07%.
Is ON a buy, sell or hold?
ON Semiconductor has received a consensus analysts rating of 3.97.
Therefore, it is recommended to buy ON.
- StrongBuy: 14
- Buy: 3
- Hold: 13
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the ON price?
| Analysts Target Price | 103.6 | -8.4% |
ON Semiconductor (ON) - Fundamental Data Overview
as of 16 May 2026
P/E Trailing = 83.3787 P/E Forward = 33.3333
P/S = 7.2707
P/B = 5.539
P/EG = 0.3414
Revenue TTM = 6.06b USD
EBIT TTM = 688.0m USD
EBITDA TTM = 1.22b USD
Long Term Debt = 2.98b USD (from longTermDebt, last quarter)
Short Term Debt = 500k USD (from shortTermDebt, last quarter)
Debt = 3.01b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.00b USD (from netDebt column, last quarter)
Enterprise Value = 44.69b USD (44.09b + Debt 3.01b - CCE 2.40b)
Interest Coverage Ratio = 10.49 (Ebit TTM 688.0m / Interest Expense TTM 65.6m)
EV/FCF = 30.73x (Enterprise Value 44.69b / FCF TTM 1.45b)
FCF Yield = 3.25% (FCF TTM 1.45b / Enterprise Value 44.69b)
FCF Margin = 23.98% (FCF TTM 1.45b / Revenue TTM 6.06b)
Net Margin = 9.46% (Net Income TTM 573.7m / Revenue TTM 6.06b)
Gross Margin = 37.22% ((Revenue TTM 6.06b - Cost of Revenue TTM 3.81b) / Revenue TTM)
Gross Margin QoQ = 38.53% (prev 34.92%)
Tobins Q-Ratio = 3.72 (Enterprise Value 44.69b / Total Assets 12.01b)
Interest Expense / Debt = 0.42% (Interest Expense 12.7m / Debt 3.01b)
Taxrate = 5.86% (7.70m / 131.3m)
NOPAT = 647.7m (EBIT 688.0m * (1 - 5.86%))
Current Ratio = 4.87 (Total Current Assets 5.78b / Total Current Liabilities 1.19b)
Debt / Equity = 0.41 (Debt 3.01b / totalStockholderEquity, last quarter 7.30b)
Debt / EBITDA = 0.82 (Net Debt 1.00b / EBITDA 1.22b)
Debt / FCF = 0.69 (Net Debt 1.00b / FCF TTM 1.45b)
Total Stockholder Equity = 7.71b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.54% (Net Income 573.7m / Total Assets 12.01b)
RoE = 7.45% (Net Income TTM 573.7m / Total Stockholder Equity 7.71b)
RoCE = 6.44% (EBIT 688.0m / Capital Employed (Equity 7.71b + L.T.Debt 2.98b))
RoIC = 5.96% (NOPAT 647.7m / Invested Capital 10.87b)
WACC = 13.35% (E(44.09b)/V(47.09b) * Re(14.23%) + D(3.01b)/V(47.09b) * Rd(0.42%) * (1-Tc(0.06)))
Discount Rate = 14.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -4.73%
[DCF] Terminal Value 63.34% ; FCFF base≈1.43b ; Y1≈1.58b ; Y5≈2.03b
[DCF] Fair Price = 41.33 (EV 17.07b - Net Debt 1.00b = Equity 16.07b / Shares 388.8m; r=13.35% [WACC]; 5y FCF grow 11.64% → 3.0% )
EPS Correlation: -89.94 | EPS CAGR: -17.89% | SUE: 1.17 | # QB: 1
Revenue Correlation: -91.82 | Revenue CAGR: -8.19% | SUE: 1.04 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.71 | Chg30d=+8.23% | Revisions=+88% | Analysts=29
EPS next Quarter (2026-09-30): EPS=0.83 | Chg30d=+6.93% | Revisions=+81% | Analysts=28
EPS current Year (2026-12-31): EPS=3.09 | Chg30d=+5.87% | Revisions=+83% | GrowthEPS=+31.5% | GrowthRev=+8.0%
EPS next Year (2027-12-31): EPS=4.27 | Chg30d=+5.85% | Revisions=+82% | GrowthEPS=+38.0% | GrowthRev=+10.7%
[Analyst] Revisions Ratio: +88%