What is the fair value of On Holding AG (NYSE-ONON) stock?

The current fair value estimate for On Holding AG (NYSE-ONON) is $50.24. This implies an estimated upside of 35.1% versus the current market price.

Is On Holding AG (NYSE-ONON) undervalued or overvalued?

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 35.1% versus the current market price.

What is the analyst price target for NYSE-ONON stock?

The available analyst price target for On Holding AG (NYSE-ONON) is $52.04. The analyst target implies estimated upside of 39.9%.

How is the financial health of On Holding AG?

The current financial health read for On Holding AG (NYSE-ONON) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

When is On Holding AG's next earnings date?

The next earnings date currently listed for On Holding AG (NYSE-ONON) is August 11, 2026.

Does On Holding AG (NYSE-ONON) pay dividends?

Based on the current data, dividend yield is 0.0%.

What is the P/E ratio for On Holding AG (NYSE-ONON)?

The current P/E ratio listed for On Holding AG (NYSE-ONON) is 39.8x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

What is the market capitalization of On Holding AG?

The current market capitalization listed for On Holding AG is 12.462 B.

What is the enterprise value of On Holding AG?

The current enterprise value listed for On Holding AG is 11.854 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

What is the ticker symbol for On Holding AG?

The ticker symbol for On Holding AG is NYSE-ONON, and the stock is listed on NYSE.

Where is On Holding AG (NYSE-ONON) listed?

On Holding AG (NYSE-ONON) is listed on NYSE.

What is the debt-to-total-capital ratio for On Holding AG?

The current debt-to-total-capital ratio listed for On Holding AG is 5.1%, which helps investors evaluate the company’s financing structure and leverage profile.

What is the free float for On Holding AG?

The free float listed for On Holding AG is 74.0%. Free float helps investors understand how much of the share base is available for public trading.

On Holding AG (ONON) Fair Value & Stock Analysis

On Holding AG (ONON)

On Holding AG is a Swiss consumer company focused on performance sports products sold under the On brand. Its assortment includes footwear, apparel, and accessories for running, outdoor use, everyday wear, training, tennis, and products for younger customers. The company reaches athletes and active consumers through wholesale and direct-to-consumer channels, including specialty running stores, sporting goods and outdoor retailers, luxury and lifestyle shops, its own retail locations, and e-commerce. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland. Its shares trade on the NYSE under the symbol ONON as common stock.

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Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.

Ticker	Fair Value	Fair Value Upside/Downside	Fair Value Rating	Analyst Price Target	Analyst Target Upside/Downside	Analyst Target Rating	Overall Financial Health	Upcoming Dividend Ex-Date	Dividend Payment Date	Upcoming Dividend	Dividend Yield	Next Earnings Date	P/E Ratio	Price-to-Book Ratio	Price-to-Sales Ratio	Market Cap	Enterprise Value	Total Debt / Total Capital	Free Float / Shares Outstanding	Altman Z-Score	Payout Ratio	Free Cash Flow / Net Income
NYSE-ONON	$50.24	35.1% Upside	Undervalued	$52.04	39.9% Upside	Undervalued	Great	—	—	—	0.0%	August 11, 2026	39.8x	5.6x	3.2x	12.462 B	11.854 B	5.1%	74.0%	9.4	—	128.8%