On Holding AG engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It offers its products through independent retailers and distributors, online, and stores. The company was founded in 2010 and is headquartered in Zurich, Switzerland.
Premium Positioning | On Holding AG's innovative cushioned platform technology and premium brand strategy drive high margins and strong customer loyalty in the athletic footwear market |
Ambitious Growth Plans | Explore On's strategy to double apparel, brick-and-mortar, and China sales exposure, aiming to capture 3-4% market share by 2030 |
Financial Projections | Analysts forecast sales growth from CHF1.8B in 2023 to CHF3.9B by 2026, with EPS expected to rise from CHF0.28 in 2022 to CHF1.37 by 2026 |
Market Challenges | Delve into On's operational hurdles, including US warehouse transitions, and how the company navigates intense competition in the global sportswear industry |
Metrics to compare | ONON | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipONONPeersSector | |
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P/E Ratio | 56.6x | 17.9x | 10.5x | |
PEG Ratio | 0.28 | 0.02 | 0.02 | |
Price/Book | 9.8x | 2.2x | 1.4x | |
Price / LTM Sales | 5.9x | 1.4x | 0.9x | |
Upside (Analyst Target) | 36.0% | 7.8% | 28.6% | |
Fair Value Upside | Unlock | 24.8% | 10.8% | Unlock |