ONON Semiconductor

$77.55+50% 1Y
Latest close: below its 200-day averageOct 9, 2026what changed →

Is the price fair?

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A demanding price: priced for +12% a year vs −9% a year delivered, at the top of its own P/E range, and rich vs its sector.

3 to watch
What the price assumes~+12% a year

Priced for ~12% a year FCF growth. The price already bakes in strong, sustained growth.

Vs its own P/E rangedearer than 83% of its own historyderived

Expensive vs its own history: P/E 50.0 vs a 21.1 median over 40 quarters (+137% vs median).

Vs sector (EV/EBIT)71.5×

Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jul 3, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)behind 86% of the market
FCF yieldbehind 69% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What ON's price assumes

ON Semiconductor trades at 50.0× earnings against 76.7× for the median Semiconductors name, cheaper than its own group.

50.0

Trailing P/E · Semiconductors median 76.7 · cheaper than the typical name in its group

Price / sales
7.63

Price / sales · today's price, trailing year to Jul 3, 2026

Free cash flow yield
3.2%

Free cash flow yield · Semiconductors median 1.8%

Growth the price implies
+12%

Growth the price implies · The price pays for +12% free cash flow growth a year for a decade; the business has delivered +9.7% a year over the last three.

Details›
Price / booktoday's price, trailing year to Jul 3, 2026
6.55
EV / EBITtoday's price, trailing year to Jul 3, 2026
71.5
EV / salestoday's price, trailing year to Jul 3, 2026
7.73
Technology median P/E459 names
37.7
Semiconductors median P/E53 names
76.7
Free cash flow, trailing twelve months
$1.50B
Market capitalisation
$47.3B
3-year revenue growth
−9.5%
3-year free cash flow growth
+9.7%
ON has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 50.0× today against a 21.1× median
52-week range$44.90 – $133.93
Today$77.55

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.