Overview Dividends

(ON) ON Semiconductor - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6821891057

Power Semiconductors, Analog Mixed-Signal ICs, Image Sensors, CMOS Sensors

ON EPS (Earnings per Share)

EPS Growth (3Y CAGR): -23.58%
EPS Trend (3Y Correlation): -88.6%

ON Revenue

Revenue Growth (3Y CAGR): -10.49%
Revenue Trend (3Y Correlation): -90.8%

Risk via 10d forecast
Volatility	48.2%
Value at Risk 5%th	74.6%
Relative Tail Risk	-5.85%

Reward TTM
Sharpe Ratio	-0.43
Alpha	-53.67

Character TTM
Hurst Exponent	0.514
Beta	1.942
Beta Downside	1.997

Drawdowns 3y
Max DD	70.44%
Mean DD	31.61%
Median DD	33.15%

Description: ON ON Semiconductor October 16, 2025

ON Semiconductor (NASDAQ:ON) is a diversified semiconductor supplier that delivers intelligent sensing and power solutions across North America, Europe, and Asia. The company operates through three business units: Power Solutions (discrete, module and integrated power switching, signal conditioning, and protection devices); Analog & Mixed-Signal (analog, mixed-signal, power-management ICs and sensor interfaces for automotive, industrial, computing and mobile markets); and Intelligent Sensing (CMOS image sensors, image signal processors, single-photon detectors, and actuator drivers for autofocus and image stabilization).

Key recent metrics indicate the firm is benefitting from macro trends: FY 2024 revenue rose ~7 % YoY to roughly $10.2 billion, driven largely by a 15 % jump in automotive power-management sales as EV adoption accelerates; gross margin expanded to 31 % amid higher-margin image-sensor shipments; and the company’s free cash flow conversion improved to 85 % of earnings, supporting its $2 billion share-repurchase program. Sector-wide, the push for electrified vehicles and data-center AI workloads is expanding demand for high-efficiency power ICs and advanced imaging solutions, which are core to ON’s addressable market.

For a deeper quantitative dive, you might explore ValueRay’s analyst toolkit to assess ON’s valuation and risk profile.

ON Stock Overview

Market Cap in USD	19,561m
Sub-Industry	Semiconductors
IPO / Inception	2000-04-28
Return 12m vs S&P 500	-38.3%
Analyst Rating	3.97 of 5

ON Dividends

Currently no dividends paid

ON Growth Ratios

CAGR 3y	-12.31%
CAGR/Max DD Calmar Ratio	-0.17
CAGR/Mean DD Pain Ratio	-0.39
Current Volume	8318.3k
Average Volume	9288.1k

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (319.1m TTM) > 0 and > 6% of Revenue (6% = 371.3m TTM)

FCFTA 0.13 (>2.0%) and ΔFCFTA 3.74pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 82.75% (prev 59.86%; Δ 22.90pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.14 (>3.0%) and CFO 1.78b > Net Income 319.1m (YES >=105%, WARN >=100%)

Net Debt (1.16b) to EBITDA (916.8m) ratio: 1.26 <= 3.0 (WARN <= 3.5)

Current Ratio 5.23 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (408.0m) change vs 12m ago -5.49% (target <= -2.0% for YES)

Gross Margin 35.75% (prev 45.80%; Δ -10.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 45.95% (prev 52.99%; Δ -7.04pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.96 (EBITDA TTM 916.8m / Interest Expense TTM 68.9m) >= 6 (WARN >= 3)

Altman Z'' 6.32

(A) 0.39 = (Total Current Assets 6.33b - Total Current Liabilities 1.21b) / Total Assets 13.01b

(B) 0.62 = Retained Earnings (Balance) 8.06b / Total Assets 13.01b

(D) 1.58 = Book Value of Equity 8.01b / Total Liabilities 5.08b

Total Rating: 6.32 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 41.34

1. Piotroski 4.0pt = -1.0

2. FCF Yield 8.07% = 4.04

3. FCF Margin 26.51% = 6.63

4. Debt/Equity 0.46 = 2.40

5. Debt/Ebitda 1.26 = 1.37

6. ROIC - WACC (= -8.94)% = -11.17

7. RoE 3.91% = 0.33

8. Rev. Trend -90.81% = -6.81

9. EPS Trend -88.64% = -4.43

What is the price of ON shares?

As of November 15, 2025, the stock is trading at USD 48.13 with a total of 8,318,335 shares traded.
Over the past week, the price has changed by -1.37%, over one month by -3.95%, over three months by -7.25% and over the past year by -29.73%.

Is ON Semiconductor a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, ON Semiconductor (NASDAQ:ON) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 41.34 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ON is around 40.52 USD . This means that ON is currently overvalued and has a potential downside of -15.81%.

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.

Strong Buy: 14
Buy: 3
Hold: 13
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the ON price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	58.7	21.9%
Analysts Target Price	58.7	21.9%
ValueRay Target Price	45.8	-4.8%

ON Fundamental Data Overview November 10, 2025

Market Cap USD = 19.56b (19.56b USD * 1.0 USD.USD)
P/E Trailing = 65.5205
P/E Forward = 17.0068
P/S = 3.1613
P/B = 2.5103
P/EG = 1.5334
Beta = 1.571
Revenue TTM = 6.19b USD
EBIT TTM = 134.9m USD
EBITDA TTM = 916.8m USD
Long Term Debt = 3.35b USD (from longTermDebt, last fiscal year)
Short Term Debt = 35.4m USD (from shortTermDebt, last quarter)
Debt = 3.63b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.16b USD (from netDebt column, last quarter)
Enterprise Value = 20.32b USD (19.56b + Debt 3.63b - CCE 2.87b)
Interest Coverage Ratio = 1.96 (Ebit TTM 134.9m / Interest Expense TTM 68.9m)
FCF Yield = 8.07% (FCF TTM 1.64b / Enterprise Value 20.32b)
FCF Margin = 26.51% (FCF TTM 1.64b / Revenue TTM 6.19b)
Net Margin = 5.16% (Net Income TTM 319.1m / Revenue TTM 6.19b)
Gross Margin = 35.75% ((Revenue TTM 6.19b - Cost of Revenue TTM 3.98b) / Revenue TTM)
Gross Margin QoQ = 37.86% (prev 37.58%)
Tobins Q-Ratio = 1.56 (Enterprise Value 20.32b / Total Assets 13.01b)
Interest Expense / Debt = 0.49% (Interest Expense 17.7m / Debt 3.63b)
Taxrate = 6.48% (17.7m / 273.0m)
NOPAT = 126.2m (EBIT 134.9m * (1 - 6.48%))
Current Ratio = 5.23 (Total Current Assets 6.33b / Total Current Liabilities 1.21b)
Debt / Equity = 0.46 (Debt 3.63b / totalStockholderEquity, last quarter 7.91b)
Debt / EBITDA = 1.26 (Net Debt 1.16b / EBITDA 916.8m)
Debt / FCF = 0.71 (Net Debt 1.16b / FCF TTM 1.64b)
Total Stockholder Equity = 8.17b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.45% (Net Income 319.1m / Total Assets 13.01b)
RoE = 3.91% (Net Income TTM 319.1m / Total Stockholder Equity 8.17b)
RoCE = 1.17% (EBIT 134.9m / Capital Employed (Equity 8.17b + L.T.Debt 3.35b))
RoIC = 1.09% (NOPAT 126.2m / Invested Capital 11.60b)
WACC = 10.02% (E(19.56b)/V(23.19b) * Re(11.80%) + D(3.63b)/V(23.19b) * Rd(0.49%) * (1-Tc(0.06)))
Discount Rate = 11.80% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.65%
[DCF Debug] Terminal Value 66.93% ; FCFE base≈1.48b ; Y1≈1.57b ; Y5≈1.87b
Fair Price DCF = 45.72 (DCF Value 18.70b / Shares Outstanding 409.0m; 5y FCF grow 6.62% → 3.0% )
EPS Correlation: -88.64 | EPS CAGR: -23.58% | SUE: 1.57 | # QB: 1
Revenue Correlation: -90.81 | Revenue CAGR: -10.49% | SUE: 1.44 | # QB: 1

Additional Sources for ON Stock

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