(ON) ON Semiconductor - Overview
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US6821891057
Stock: Power Devices, Sensors, Signal Processors, Connectivity
Total Rating 43
Risk 88
Buy Signal -0.59
| Risk 5d forecast | |
|---|---|
| Volatility | 51.5% |
| Relative Tail Risk | -8.28% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.78 |
| Alpha | -10.22 |
| Character TTM | |
|---|---|
| Beta | 2.241 |
| Beta Downside | 1.781 |
| Drawdowns 3y | |
|---|---|
| Max DD | 70.44% |
| CAGR/Max DD | -0.13 |
EPS (Earnings per Share)
Revenue
Risks
Fundamental:
P/E ratio: 204.2414
Description: ON ON Semiconductor March 04, 2026
ON Semiconductor Corporation (ON) provides intelligent sensing and power solutions globally. The company operates in the semiconductor industry, a sector characterized by continuous innovation and high capital expenditure.
Its business is divided into three segments. The Power Solutions Group focuses on semiconductor devices for power conversion, including power switching and circuit protection. This segment addresses a fundamental need for efficient energy management in electronic systems.
The Analog and Mixed-Signal Group develops solutions for power management, sensor interfaces, and connectivity, serving diverse markets such as automotive, industrial automation, and AI data centers. Analog semiconductors are crucial for translating real-world signals into digital data.
The Intelligent Sensing Group specializes in image sensors and photon-counting technologies for applications like depth sensing, factory automation, and robotics. This segment highlights the increasing demand for advanced sensing capabilities across industries. Investors may find further detailed analysis of ON Semiconductors segments on ValueRay.
Headlines to watch out for
- Automotive and industrial demand drives power and sensing solutions
- Supply chain disruptions impact manufacturing costs and delivery
- Electric vehicle market expansion boosts power semiconductor sales
- Macroeconomic slowdown reduces demand for consumer electronics
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 121.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 4.89 > 1.0 |
| NWC/Revenue: 75.65% < 20% (prev 76.49%; Δ -0.84% < -1%) |
| CFO/TA 0.14 > 3% & CFO 1.76b > Net Income 121.0m |
| Net Debt (1.32b) to EBITDA (888.2m): 1.49 < 3 |
| Current Ratio: 4.52 > 1.5 & < 3 |
| Outstanding Shares: last quarter (402.3m) vs 12m ago -6.35% < -2% |
| Gross Margin: 32.81% > 18% (prev 0.45%; Δ 3.24k% > 0.5%) |
| Asset Turnover: 45.05% > 50% (prev 50.27%; Δ -5.21% > 0%) |
| Interest Coverage Ratio: 2.85 > 6 (EBITDA TTM 888.2m / Interest Expense TTM 70.9m) |
Altman Z'' 6.40
| A: 0.36 (Total Current Assets 5.82b - Total Current Liabilities 1.29b) / Total Assets 12.52b |
| B: 0.66 (Retained Earnings 8.24b / Total Assets 12.52b) |
| C: 0.02 (EBIT TTM 202.2m / Avg Total Assets 13.31b) |
| D: 1.70 (Book Value of Equity 8.19b / Total Liabilities 4.83b) |
| Altman-Z'' Score: 6.40 = AAA |
Beneish M -2.79
| DSRI: 0.97 (Receivables 955.4m/1.16b, Revenue 6.00b/7.08b) |
| GMI: 1.38 (GM 32.81% / 45.41%) |
| AQI: 1.27 (AQ_t 0.26 / AQ_t-1 0.21) |
| SGI: 0.85 (Revenue 6.00b / 7.08b) |
| TATA: -0.13 (NI 121.0m - CFO 1.76b) / TA 12.52b) |
| Beneish M-Score: -2.79 (Cap -4..+1) = A |
What is the price of ON shares?
As of March 13, 2026, the stock is trading at USD 59.24 with a total of 4,225,269 shares traded.
Over the past week, the price has changed by -5.19%, over one month by -18.32%, over three months by +4.97% and over the past year by +34.63%.
Over the past week, the price has changed by -5.19%, over one month by -18.32%, over three months by +4.97% and over the past year by +34.63%.
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?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 67.3 | 13.6% |
| Analysts Target Price | 67.3 | 13.6% |
ON Fundamental Data Overview March 11, 2026
P/E Trailing = 204.2414
P/E Forward = 19.6078
P/S = 3.9752
P/B = 2.9202
P/EG = 0.2155
Revenue TTM = 6.00b USD
EBIT TTM = 202.2m USD
EBITDA TTM = 888.2m USD
Long Term Debt = 2.98b USD (from longTermDebt, last quarter)
Short Term Debt = 34.4m USD (from shortTermDebt, last quarter)
Debt = 3.47b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.32b USD (from netDebt column, last quarter)
Enterprise Value = 24.75b USD (23.83b + Debt 3.47b - CCE 2.55b)
Interest Coverage Ratio = 2.85 (Ebit TTM 202.2m / Interest Expense TTM 70.9m)
EV/FCF = 14.64x (Enterprise Value 24.75b / FCF TTM 1.69b)
FCF Yield = 6.83% (FCF TTM 1.69b / Enterprise Value 24.75b)
FCF Margin = 28.20% (FCF TTM 1.69b / Revenue TTM 6.00b)
Net Margin = 2.02% (Net Income TTM 121.0m / Revenue TTM 6.00b)
Gross Margin = 32.81% ((Revenue TTM 6.00b - Cost of Revenue TTM 4.03b) / Revenue TTM)
Gross Margin QoQ = 34.92% (prev 37.86%)
Tobins Q-Ratio = 1.98 (Enterprise Value 24.75b / Total Assets 12.52b)
Interest Expense / Debt = 0.50% (Interest Expense 17.3m / Debt 3.47b)
Taxrate = 16.26% (35.3m / 217.1m)
NOPAT = 169.3m (EBIT 202.2m * (1 - 16.26%))
Current Ratio = 4.52 (Total Current Assets 5.82b / Total Current Liabilities 1.29b)
Debt / Equity = 0.45 (Debt 3.47b / totalStockholderEquity, last quarter 7.67b)
Debt / EBITDA = 1.49 (Net Debt 1.32b / EBITDA 888.2m)
Debt / FCF = 0.78 (Net Debt 1.32b / FCF TTM 1.69b)
Total Stockholder Equity = 7.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.91% (Net Income 121.0m / Total Assets 12.52b)
RoE = 1.53% (Net Income TTM 121.0m / Total Stockholder Equity 7.89b)
RoCE = 1.86% (EBIT 202.2m / Capital Employed (Equity 7.89b + L.T.Debt 2.98b))
RoIC = 1.52% (NOPAT 169.3m / Invested Capital 11.15b)
WACC = 12.42% (E(23.83b)/V(27.30b) * Re(14.17%) + D(3.47b)/V(27.30b) * Rd(0.50%) * (1-Tc(0.16)))
Discount Rate = 14.17% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.33%
[DCF] Terminal Value 64.83% ; FCFF base≈1.50b ; Y1≈1.59b ; Y5≈1.89b
[DCF] Fair Price = 41.17 (EV 17.54b - Net Debt 1.32b = Equity 16.22b / Shares 394.0m; r=12.42% [WACC]; 5y FCF grow 6.62% → 2.90% )
EPS Correlation: -86.55 | EPS CAGR: -15.81% | SUE: 0.67 | # QB: 0
Revenue Correlation: -86.86 | Revenue CAGR: -6.20% | SUE: -0.29 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.66 | Chg7d=+0.000 | Chg30d=-0.023 | Revisions Net=-19 | Analysts=30
EPS current Year (2026-12-31): EPS=2.91 | Chg7d=+0.002 | Chg30d=-0.018 | Revisions Net=+7 | Growth EPS=+24.0% | Growth Revenue=+4.8%
EPS next Year (2027-12-31): EPS=4.03 | Chg7d=+0.004 | Chg30d=-0.080 | Revisions Net=+1 | Growth EPS=+38.1% | Growth Revenue=+10.2%
[Analyst] Revisions Ratio: -0.76 (3 Up / 22 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 13.7% (Discount Rate 14.2% - Earnings Yield 0.5%)
[Growth] Growth Spread = -9.7% (Analyst 4.0% - Implied 13.7%)
P/E Forward = 19.6078
P/S = 3.9752
P/B = 2.9202
P/EG = 0.2155
Revenue TTM = 6.00b USD
EBIT TTM = 202.2m USD
EBITDA TTM = 888.2m USD
Long Term Debt = 2.98b USD (from longTermDebt, last quarter)
Short Term Debt = 34.4m USD (from shortTermDebt, last quarter)
Debt = 3.47b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.32b USD (from netDebt column, last quarter)
Enterprise Value = 24.75b USD (23.83b + Debt 3.47b - CCE 2.55b)
Interest Coverage Ratio = 2.85 (Ebit TTM 202.2m / Interest Expense TTM 70.9m)
EV/FCF = 14.64x (Enterprise Value 24.75b / FCF TTM 1.69b)
FCF Yield = 6.83% (FCF TTM 1.69b / Enterprise Value 24.75b)
FCF Margin = 28.20% (FCF TTM 1.69b / Revenue TTM 6.00b)
Net Margin = 2.02% (Net Income TTM 121.0m / Revenue TTM 6.00b)
Gross Margin = 32.81% ((Revenue TTM 6.00b - Cost of Revenue TTM 4.03b) / Revenue TTM)
Gross Margin QoQ = 34.92% (prev 37.86%)
Tobins Q-Ratio = 1.98 (Enterprise Value 24.75b / Total Assets 12.52b)
Interest Expense / Debt = 0.50% (Interest Expense 17.3m / Debt 3.47b)
Taxrate = 16.26% (35.3m / 217.1m)
NOPAT = 169.3m (EBIT 202.2m * (1 - 16.26%))
Current Ratio = 4.52 (Total Current Assets 5.82b / Total Current Liabilities 1.29b)
Debt / Equity = 0.45 (Debt 3.47b / totalStockholderEquity, last quarter 7.67b)
Debt / EBITDA = 1.49 (Net Debt 1.32b / EBITDA 888.2m)
Debt / FCF = 0.78 (Net Debt 1.32b / FCF TTM 1.69b)
Total Stockholder Equity = 7.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.91% (Net Income 121.0m / Total Assets 12.52b)
RoE = 1.53% (Net Income TTM 121.0m / Total Stockholder Equity 7.89b)
RoCE = 1.86% (EBIT 202.2m / Capital Employed (Equity 7.89b + L.T.Debt 2.98b))
RoIC = 1.52% (NOPAT 169.3m / Invested Capital 11.15b)
WACC = 12.42% (E(23.83b)/V(27.30b) * Re(14.17%) + D(3.47b)/V(27.30b) * Rd(0.50%) * (1-Tc(0.16)))
Discount Rate = 14.17% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.33%
[DCF] Terminal Value 64.83% ; FCFF base≈1.50b ; Y1≈1.59b ; Y5≈1.89b
[DCF] Fair Price = 41.17 (EV 17.54b - Net Debt 1.32b = Equity 16.22b / Shares 394.0m; r=12.42% [WACC]; 5y FCF grow 6.62% → 2.90% )
EPS Correlation: -86.55 | EPS CAGR: -15.81% | SUE: 0.67 | # QB: 0
Revenue Correlation: -86.86 | Revenue CAGR: -6.20% | SUE: -0.29 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.66 | Chg7d=+0.000 | Chg30d=-0.023 | Revisions Net=-19 | Analysts=30
EPS current Year (2026-12-31): EPS=2.91 | Chg7d=+0.002 | Chg30d=-0.018 | Revisions Net=+7 | Growth EPS=+24.0% | Growth Revenue=+4.8%
EPS next Year (2027-12-31): EPS=4.03 | Chg7d=+0.004 | Chg30d=-0.080 | Revisions Net=+1 | Growth EPS=+38.1% | Growth Revenue=+10.2%
[Analyst] Revisions Ratio: -0.76 (3 Up / 22 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 13.7% (Discount Rate 14.2% - Earnings Yield 0.5%)
[Growth] Growth Spread = -9.7% (Analyst 4.0% - Implied 13.7%)