ON Valuation
ON Semiconductor Corp
$
58.660
- Overview
- Forecast
- Valuation
- Earnings
ON Relative Valuation
ON's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ON is overvalued; if below, it's undervalued.
Historical Valuation
ON Semiconductor Corp (ON) is now in the Overvalued zone, suggesting that its current forward PE ratio of 23.79 is considered Overvalued compared with the five-year average of 16.65. The fair price of ON Semiconductor Corp (ON) is between 41.36 to 54.02 according to relative valuation methord. Compared to the current price of 56.92 USD , ON Semiconductor Corp is Overvalued By 5.37%.
Relative Value
Fair Zone
41.36-54.02
Current Price：56.92
5.37%
Overvalued
23.79
PE
1Y
3Y
5Y
Trailing
Forward
13.93
EV/EBITDA
ON Semiconductor Corp. (ON) has a current EV/EBITDA of 13.93. The 5-year average EV/EBITDA is 10.64. The thresholds are as follows: Strongly Undervalued below 7.37, Undervalued between 7.37 and 9.00, Fairly Valued between 12.27 and 9.00, Overvalued between 12.27 and 13.90, and Strongly Overvalued above 13.90. The current Forward EV/EBITDA of 13.93 falls within the Strongly Overvalued range.
21.23
EV/EBIT
ON Semiconductor Corp. (ON) has a current EV/EBIT of 21.23. The 5-year average EV/EBIT is 14.55. The thresholds are as follows: Strongly Undervalued below 8.69, Undervalued between 8.69 and 11.62, Fairly Valued between 17.47 and 11.62, Overvalued between 17.47 and 20.40, and Strongly Overvalued above 20.40. The current Forward EV/EBIT of 21.23 falls within the Strongly Overvalued range.
3.95
PS
ON Semiconductor Corp. (ON) has a current PS of 3.95. The 5-year average PS is 3.48. The thresholds are as follows: Strongly Undervalued below 1.71, Undervalued between 1.71 and 2.59, Fairly Valued between 4.36 and 2.59, Overvalued between 4.36 and 5.25, and Strongly Overvalued above 5.25. The current Forward PS of 3.95 falls within the Historic Trend Line -Fairly Valued range.
13.06
P/OCF
ON Semiconductor Corp. (ON) has a current P/OCF of 13.06. The 5-year average P/OCF is 11.51. The thresholds are as follows: Strongly Undervalued below 7.54, Undervalued between 7.54 and 9.53, Fairly Valued between 13.49 and 9.53, Overvalued between 13.49 and 15.47, and Strongly Overvalued above 15.47. The current Forward P/OCF of 13.06 falls within the Historic Trend Line -Fairly Valued range.
15.31
P/FCF
ON Semiconductor Corp. (ON) has a current P/FCF of 15.31. The 5-year average P/FCF is 20.15. The thresholds are as follows: Strongly Undervalued below 4.91, Undervalued between 4.91 and 12.53, Fairly Valued between 27.78 and 12.53, Overvalued between 27.78 and 35.40, and Strongly Overvalued above 35.40. The current Forward P/FCF of 15.31 falls within the Historic Trend Line -Fairly Valued range.
ON Semiconductor Corp (ON) has a current Price-to-Book (P/B) ratio of 2.96. Compared to its 3-year average P/B ratio of 4.27 , the current P/B ratio is approximately -30.63% higher. Relative to its 5-year average P/B ratio of 4.41, the current P/B ratio is about -32.81% higher. ON Semiconductor Corp (ON) has a Forward Free Cash Flow (FCF) yield of approximately 5.90%. Compared to its 3-year average FCF yield of 3.78%, the current FCF yield is approximately 55.82% lower. Relative to its 5-year average FCF yield of 3.79% , the current FCF yield is about 55.48% lower.
2.96
P/B
Median3y
4.27
Median5y
4.41
5.90
FCF Yield
Median3y
3.78
Median5y
3.79
Competitors Valuation Multiple
The average P/S ratio for ON's competitors is 6.76, providing a benchmark for relative valuation. ON Semiconductor Corp Corp (ON) exhibits a P/S ratio of 3.95, which is -41.58% above the industry average. Given its robust revenue growth of -22.39%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Performance Decomposition
1Y
3Y
5Y
Market capitalization of ON decreased by 27.26% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 11.60 to 38.61.
The secondary factor is the Revenue Growth, contributed -22.39%to the performance.
Overall, the performance of ON in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
Is ON Semiconductor Corp (ON) currently overvalued or undervalued?
ON Semiconductor Corp (ON) is now in the Overvalued zone, suggesting that its current forward PE ratio of 23.79 is considered Overvalued compared with the five-year average of 16.65. The fair price of ON Semiconductor Corp (ON) is between 41.36 to 54.02 according to relative valuation methord. Compared to the current price of 56.92 USD , ON Semiconductor Corp is Overvalued By 5.37% .
What is ON Semiconductor Corp (ON) fair value?
How does ON's valuation metrics compare to the industry average?
What is the current P/B ratio for ON Semiconductor Corp (ON) as of Jul 28 2025?
What is the current FCF Yield for ON Semiconductor Corp (ON) as of Jul 28 2025?
What is the current Forward P/E ratio for ON Semiconductor Corp (ON) as of Jul 28 2025?