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.
Swiss Innovation | Explore On Holding's patented cushioned platform technology, driving market-leading Net Promoter Scores and robust sales growth in the competitive sportswear industry |
Global Expansion | Learn about On Holding's ambitious plans to double its brick-and-mortar presence, increase exposure in key markets like China, and expand into new sports categories |
Financial Momentum | Delve into On Holding's strong financial performance, with sales growth of 29.36% and gross margins of 60.63%, as the company targets CHF11.4 billion in sales by 2035 |
Market Challenges | Analysts project a $57-$73 price target range, reflecting both growth potential and risks from intensifying competition and high valuation multiples in the sportswear market |
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 | 58.9x | 12.1x | 11.1x | |
PEG Ratio | 0.97 | 0.05 | 0.02 | |
Price/Book | 8.4x | 1.4x | 1.4x | |
Price / LTM Sales | 4.8x | 1.2x | 0.9x | |
Upside (Analyst Target) | 42.7% | −6.8% | 20.0% | |
Fair Value Upside | Unlock | 28.7% | 9.0% | Unlock |