ONON - On Holding AG
NYSE
->
Consumer Cyclical
->
Apparel Retail
Zurich,
Switzerland
Type: Equity
ONON price evolution
ONON
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $494.6 | $432 | $337.1 | $361.3 |
| Short term investments | $34.2 | $51.9 | $43.1 | $34.8 |
| Net receivables | $204.8 | $256.9 | $252.7 | $238.5 |
| Inventory | $356.5 | $424.5 | $435.9 | $465.2 |
| Total current assets | $1151.3 | $1249.3 | $1155.6 | $1192.2 |
| Long term investments | ||||
| Property, plant & equipment | $307.6 | $319.7 | $237.2 | $242.9 |
| Goodwill & intangible assets | $64.6 | $65.6 | $67.4 | $69.1 |
| Total noncurrent assets | $441.7 | $456.1 | $381.5 | $352.1 |
| Total investments | $34.2 | $51.9 | $43.1 | $34.8 |
| Total assets | $1593 | $1705.4 | $1537.1 | $1544.3 |
| Current liabilities | ||||
| Accounts payable | $65.1 | $99.8 | $90 | $130.7 |
| Deferred revenue | ||||
| Short long term debt | $53.4 | $47.8 | $33.7 | $35.4 |
| Total current liabilities | $305.6 | $372.6 | $329.1 | $348 |
| Long term debt | $190.3 | $207.8 | $140.9 | $149 |
| Total noncurrent liabilities | $212.9 | $239.3 | $181.3 | $177.6 |
| Total debt | $243.7 | $255.6 | $174.6 | $184.4 |
| Total liabilities | $518.5 | $611.9 | $510.4 | $525.6 |
| Shareholders' equity | ||||
| Retained earnings | -$63.3 | -$36.6 | -$95.2 | -$98.5 |
| Other shareholder equity | -$0.1 | -$11 | -$0.2 | |
| Total shareholder equity | $1074.5 | $1093.5 | $1026.7 | $1018.7 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $494.6 | $371 | $653.08 | $90.64 |
| Short term investments | $34.2 | $33.2 | $30.05 | $17.14 |
| Net receivables | $204.8 | $174.6 | $99.26 | $51.63 |
| Inventory | $356.5 | $395.6 | $134.18 | $102.88 |
| Total current assets | $1151.3 | $1051.5 | $964.6 | $282.26 |
| Long term investments | ||||
| Property, plant & equipment | $307.6 | $228.8 | $212.29 | $39.72 |
| Goodwill & intangible assets | $64.6 | $70.3 | $57.46 | $54.67 |
| Total noncurrent assets | $441.7 | $330.9 | $271.92 | $100.31 |
| Total investments | $34.2 | $33.2 | $30.05 | $17.14 |
| Total assets | $1593 | $1382.4 | $1236.52 | $382.57 |
| Current liabilities | ||||
| Accounts payable | $65.1 | $111 | $45.94 | $41.54 |
| Deferred revenue | ||||
| Short long term debt | $53.4 | $31.2 | $20.1 | $7.28 |
| Total current liabilities | $305.6 | $242.7 | $205.01 | $86.36 |
| Long term debt | $190.3 | $138.8 | $167.23 | $19.17 |
| Total noncurrent liabilities | $212.9 | $170.2 | $183.13 | $51.11 |
| Total debt | $243.7 | $170 | $187.32 | $26.45 |
| Total liabilities | $518.5 | $412.9 | $388.14 | $137.48 |
| Shareholders' equity | ||||
| Retained earnings | -$63.3 | -$142.9 | -$200.6 | -$30.38 |
| Other shareholder equity | -$7.4 | -$10.88 | -$4.99 | |
| Total shareholder equity | $1074.5 | $969.5 | $848.38 | $245.09 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $447.1 | $480.5 | $444.3 | $420.2 |
| Cost of revenue | $176.9 | $192.8 | $179.8 | $175.3 |
| Gross Profit | $270.2 | $287.7 | $264.5 | $244.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $229.4 | $229.9 | $225.1 | $202.6 |
| Total operating expenses | $229.4 | $229.9 | $225.1 | $202.6 |
| Operating income | $40.8 | $57.8 | $39.4 | $42.3 |
| Income from continuing operations | ||||
| EBIT | -$49.5 | $72.5 | -$4.8 | $53.2 |
| Income tax expense | -$18.2 | $10.6 | -$10 | $7.1 |
| Interest expense | -$4.5 | $3.2 | $1.9 | $1.7 |
| Net income | ||||
| Net income | -$26.8 | $58.7 | $3.3 | $44.4 |
| Income (for common shares) | -$26.8 | $58.7 | $3.3 | $44.4 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1792.1 | $1222.1 | $724.59 | $425.3 |
| Cost of revenue | $724.8 | $537.2 | $294.31 | $194.19 |
| Gross Profit | $1067.3 | $684.9 | $430.29 | $231.1 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $887 | $599.8 | $571.38 | $248.2 |
| Total operating expenses | $887 | $599.8 | $571.38 | $248.2 |
| Operating income | $180.3 | $85.1 | -$141.09 | -$17.09 |
| Income from continuing operations | ||||
| EBIT | $57.8 | $84.3 | -$156.01 | -$23.5 |
| Income tax expense | -$10.5 | $20.2 | $10.64 | $3.08 |
| Interest expense | -$11.3 | $6.4 | $3.57 | $0.94 |
| Net income | ||||
| Net income | $79.6 | $57.7 | -$170.23 | -$27.52 |
| Income (for common shares) | $79.6 | $57.7 | -$170.23 | -$27.52 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$26.8 | $58.7 | $3.3 | $44.4 |
| Operating activities | ||||
| Depreciation | $20.4 | $16.5 | $14.2 | $13.8 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $12.5 | $6.3 | $6.2 | $2.3 |
| Total cash flows from operations | $121.4 | $107.4 | $3.9 | -$0.6 |
| Investing activities | ||||
| Capital expenditures | -$16.3 | -$7.5 | -$10.4 | -$8.6 |
| Investments | ||||
| Total cash flows from investing | -$18 | -$8.1 | -$11.3 | -$9.7 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $3.7 | $0.7 | $3.5 | $2.2 |
| Net borrowings | -$9.3 | -$6 | -$5.3 | -$4.9 |
| Total cash flows from financing | -$8.2 | -$6.9 | -$2.9 | -$3.8 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $95.2 | $92.3 | -$10.2 | -$14.1 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $79.6 | $57.7 | -$170.23 | -$27.52 |
| Operating activities | ||||
| Depreciation | $64.9 | $46.4 | $31.41 | $12.09 |
| Business acquisitions & disposals | -$0.2 | -$0.03 | ||
| Stock-based compensation | $27.3 | $38.3 | $192.44 | $48.63 |
| Total cash flows from operations | $232.1 | -$227 | $16.95 | -$14.73 |
| Investing activities | ||||
| Capital expenditures | -$42.8 | -$60.3 | -$24.64 | -$10.99 |
| Investments | ||||
| Total cash flows from investing | -$47.1 | -$82.9 | -$36.44 | -$18.62 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $10.1 | $26.4 | $0.07 | $133.27 |
| Net borrowings | -$25.5 | -$15.4 | -$13.31 | -$6.4 |
| Total cash flows from financing | -$21.8 | $6.3 | $595.85 | $124.8 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $163.2 | -$303.6 | $576.35 | $91.44 |
News
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Truist cuts Nike stock target on low visibility into top-line trends By Investing.com
Investing.com
22 Mar 2024
|
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Nike Is Losing Fans on Wall Street as Weak Sales Pressure Stock
Bloomberg via Yahoo Finance
21 Mar 2024
|
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Piper Sandler raises On Holding stock price target to $39 on growth strategy By Investing.com
Investing.com
21 Mar 2024
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Piper Sandler raises On Holding stock price target to $39 on growth strategy
Investing.com
20 Mar 2024
|
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Cramer Calls Datadog 'Dynamite,' Puts SoFi In Dog House: 'What The Heck Is Going On' - Datadog...
Benzinga
19 Mar 2024
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Is On Holding Stock a Buy?
Motley Fool via Yahoo Finance
15 Mar 2024
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On Holding AG (NYSE:ONON) Q4 2023 Earnings Call Transcript
Insider Monkey via Yahoo Finance
13 Mar 2024
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Federer-Backed On Disappoints With Sales Forecast, Results
The Business of Fashion
12 Mar 2024
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On Holding: Q4 Earnings Snapshot
San Antonio Express-News
12 Mar 2024
|
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On Holding AG stock target cut to $37 from $40, retains Outperform
Investing.com
12 Mar 2024
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Fundamentals
| Market cap | $10.16B |
|---|---|
| Enterprise value | $9.91B |
| Shares outstanding | 318.13M |
| Revenue | $1.79B |
|---|---|
| EBITDA | $136.30M |
| EBIT | $71.40M |
| Net Income | $79.60M |
| Revenue Q/Q | 21.89% |
| Revenue Y/Y | 46.63% |
| P/E ratio | 127.65 |
|---|---|
| EV/Sales | 5.53 |
| EV/EBITDA | 72.71 |
| EV/EBIT | 138.80 |
| P/S ratio | 5.67 |
| P/B ratio | 9.46 |
| Book/Share | 3.38 |
| Cash/Share | 1.55 |
| EPS | $0.25 |
|---|---|
| ROA | 4.99% |
| ROE | 7.56% |
| Debt/Equity | 0.48 |
|---|---|
| Net debt/EBITDA | 0.18 |
| Current ratio | 3.77 |
| Quick ratio | 2.60 |