Highlights
- Market Cap
- $11.37B
- Enterprise Value
- $11.07B
- EPS (TTM)
- $0.61
- PE Ratio
- 56.18
- PEG Ratio
- 0.82
- Total Revenue (TTM)
- $3.01B
- Gross Profit (TTM)
- $1.89B
- EBITDA (TTM)
- $364.21M
- Year Range
- $31.41 - $61.29
- Target Price
- $57.46
- ROA (TTM)
- 7.16%
- ROE (TTM)
- 12.44%
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in On Holding AG, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
On Holding AG (ONON) has returned -26.81% so far this year and -22.54% over the past 12 months.
On Holding AG
- 1D
- 6.71%
- 1M
- -26.81%
- YTD
- -26.81%
- 6M
- -19.67%
- 1Y
- -22.54%
- 3Y*
- 3.11%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Sep 15, 2021, ONON's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, your investment would double in approximately 5.0 years.
Historically, 45% of months were positive and 55% were negative. The best month was Mar 2023 with a return of +41.9%, while the worst month was Jan 2022 at -30.3%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 5 months.
On a daily basis, ONON closed higher 48% of trading days. The best single day was Mar 21, 2023 with a return of +26.4%, while the worst single day was May 11, 2022 at -16.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.65% | 2.72% | -26.81% | -26.81% | |||||||||
| 2025 | 9.33% | -19.04% | -9.41% | 9.54% | 23.45% | -12.36% | -6.69% | -7.19% | -6.06% | -12.28% | 18.41% | 5.66% | -15.14% |
| 2024 | -1.52% | 31.85% | 1.03% | -10.26% | 33.98% | -8.79% | 6.75% | 13.42% | 6.75% | -5.44% | 23.01% | -6.10% | 103.08% |
| 2023 | 35.20% | -5.73% | 41.88% | 4.58% | -15.41% | 20.22% | 9.09% | -19.92% | -3.50% | -7.73% | 13.01% | -7.03% | 57.17% |
| 2022 | -30.26% | -7.66% | 3.66% | -1.07% | -17.30% | -14.33% | 23.06% | -8.18% | -19.71% | 9.60% | 10.40% | -11.64% | -54.62% |
| 2021 | -13.91% | 13.38% | 17.56% | -5.85% | 8.03% |
Benchmark Metrics
On Holding AG has an annualized alpha of -1.11%, beta of 1.72, and R² of 0.27 versus S&P 500 Index. Calculated based on daily prices since September 16, 2021.
- This stock captured 198.87% of S&P 500 Index gains and 183.15% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- R² of 0.27 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -1.11%
- Beta
- 1.72
- R²
- 0.27
- Upside Capture
- 198.87%
- Downside Capture
- 183.15%
Return for Risk
Risk / Return Rank
ONON ranks 23 for risk / return — below 23% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for On Holding AG (ONON) and compare them to a chosen benchmark (S&P 500 Index).
| ONON | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.44 | 0.90 | -1.33 |
Sortino ratioReturn per unit of downside risk | -0.36 | 1.39 | -1.74 |
Omega ratioGain probability vs. loss probability | 0.96 | 1.21 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | -0.48 | 1.40 | -1.88 |
Martin ratioReturn relative to average drawdown | -0.96 | 6.61 | -7.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore ONON risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the On Holding AG. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the On Holding AG was 68.90%, occurring on Oct 10, 2022. Recovery took 493 trading sessions.
The current On Holding AG drawdown is 46.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.9% | Nov 18, 2021 | 224 | Oct 10, 2022 | 493 | Sep 26, 2024 | 717 |
| -49.89% | Jan 31, 2025 | 291 | Mar 30, 2026 | — | — | — |
| -25.31% | Sep 20, 2021 | 11 | Oct 4, 2021 | 24 | Nov 5, 2021 | 35 |
| -10.53% | Oct 9, 2024 | 19 | Nov 4, 2024 | 5 | Nov 11, 2024 | 24 |
| -8.46% | Dec 4, 2024 | 27 | Jan 14, 2025 | 4 | Jan 21, 2025 | 31 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of On Holding AG over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how On Holding AG is priced in the market compared to other companies in the Apparel Retail industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for ONON, comparing it with other companies in the Apparel Retail industry. Currently, ONON has a P/E ratio of 56.2. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for ONON compared to other companies in the Apparel Retail industry. ONON currently has a PEG ratio of 0.8. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for ONON relative to other companies in the Apparel Retail industry. Currently, ONON has a P/S ratio of 3.8. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for ONON in comparison with other companies in the Apparel Retail industry. Currently, ONON has a P/B value of 7.0. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |