0.92%
16.16%
34.16%
53.60%
139.53%
141.26%
81.77%

Company Description

On Holding AG develops and distributes sports products worldwide.It offers athletic footwear, apparel, and accessories.The company offers its products through independent retailers and distributors, online, and stores.


On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.

Market Data

Last Price 63.62
Change Percentage 0.92%
Open 63.71
Previous Close 63.04
Market Cap ( Millions) 20366
Volume 3314706
Year High 64.04
Year Low 26.22
M A 50 56.84
M A 200 45.89

Financial Ratios

FCF Yield 2.07%
Dividend Yield 0.00%
ROE 10.70%
Debt / Equity 0.00%
Net Debt / EBIDTA -314.87%
Price To Book 15.5
Price Earnings Ratio 154.12
Price To FCF 48.28
Price To sales 8.61
EV / EBITDA 74.74

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Shoes

Expected Growth : 9.95 %

What the company do ?

On Holding AG's shoes feature CloudTec cushioning, Speedboard for a responsive ride, and a sleek design for runners and casual wearers alike.

Why we expect these perspectives ?

On Holding AG's 9.95% growth in shoes is driven by increasing demand for sustainable and high-performance footwear, particularly among health-conscious millennials and Gen Z consumers. The brand's innovative technology, such as its patented CloudTec cushioning, and strategic partnerships with influential athletes and events, have also contributed to its rapid expansion.

Segment nΒ°2 -> Apparel

Expected Growth : 10.43 %

What the company do ?

On Holding AG's Apparel segment offers high-performance sports apparel, including tops, bottoms, and outerwear for running, trail running, and outdoor activities.

Why we expect these perspectives ?

On Holding AG's 10.43% growth in Apparel is driven by increasing demand for sustainable and high-performance athletic wear, strategic partnerships with key retailers, and effective digital marketing strategies. Additionally, the company's focus on innovation, quality, and comfort has led to strong brand loyalty and repeat business.

Segment nΒ°3 -> Accessories

Expected Growth : 8.97 %

What the company do ?

On Holding AG's Accessories segment offers a range of products, including armbands, belts, and bags, designed to complement their high-performance running shoes.

Why we expect these perspectives ?

On Holding AG's accessories segment growth of 8.97% is driven by increasing demand for premium and sustainable athletic gear, expansion into new markets, and strategic partnerships with influential athletes and celebrities. Additionally, the company's focus on innovative products, such as 3D-printed shoes, and its strong e-commerce platform have contributed to the segment's growth.

On Holding Ag Products

Product Range What is it ?
Cloudflow Cloudflow is a lightweight and breathable running shoe designed for everyday training and casual running.
Cloudstratus Cloudstratus is a max cushioning shoe designed for long runs and recovery runs, providing superior comfort and support.
Cloud X Cloud X is a high-intensity training shoe designed for speed and agility, featuring a responsive and springy ride.
Cloudace Cloudace is a premium running shoe designed for high-performance running, featuring a responsive and comfortable ride.
Apparel On's apparel line features high-quality, technical clothing designed for running and everyday wear.

On Holding AG's Porter Forces

On Holding AG's products are moderately substitutable, as customers have some alternatives, but the company's strong brand and quality products reduce the threat.

On Holding AG's customers have limited bargaining power due to the company's strong brand and limited availability of similar products.

On Holding AG's suppliers have moderate bargaining power, as the company relies on a few key suppliers, but has some flexibility to switch to alternative suppliers.

The threat of new entrants is high in the athletic footwear industry, as new companies can enter the market with innovative products and marketing strategies.

The athletic footwear industry is highly competitive, with many established brands competing for market share, leading to a high intensity of rivalry.

Capital Structure

Value
Debt Weight 18.49%
Debt Cost 3.95%
Equity Weight 81.51%
Equity Cost 14.77%
WACC 12.77%
Leverage 22.68%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
NXT.L NEXT plc engages in the retail of clothing, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT …
MKS.L Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli …
CCC.WA CCC S.A. engages in the manufacture, wholesale, and retail of footwear for men, women, and children in Poland, Central and Eastern Europe, Western Europe, and internationally. It operates in two …
MMB.PA Lagardere SA engages in content publishing, production, broadcasting, and distribution businesses worldwide. It operates through two divisions: LagardΓ¨re Publishing, and LagardΓ¨re Travel Retail. The LagardΓ¨re Publishing division includes book publishing …
BAIN.PA SociΓ©tΓ© Anonyme des Bains de Mer et du Cercle des Γ‰trangers Γ  Monaco operates in the gaming, hotels, and rental sectors in Monaco. The company operates casinos; hotels; restaurants; lounge …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
63.62$
Current Price
63.62$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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