ON Valuation
ON Semiconductor Corp
$
47.830
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 Fair zone, suggesting that its current forward PE ratio of 17.67 is considered Fairly compared with the five-year average of 16.55. The fair price of ON Semiconductor Corp (ON) is between 41.77 to 55.49 according to relative valuation methord.
Relative Value
Fair Zone
41.77-55.49
Current Price：47.83
Fair
17.67
PE
1Y
3Y
5Y
Trailing
Forward
12.01
EV/EBITDA
ON Semiconductor Corp. (ON) has a current EV/EBITDA of 12.01. The 5-year average EV/EBITDA is 10.73. The thresholds are as follows: Strongly Undervalued below 7.37, Undervalued between 7.37 and 9.05, Fairly Valued between 12.42 and 9.05, Overvalued between 12.42 and 14.10, and Strongly Overvalued above 14.10. The current Forward EV/EBITDA of 12.01 falls within the Historic Trend Line -Fairly Valued range.
17.68
EV/EBIT
ON Semiconductor Corp. (ON) has a current EV/EBIT of 17.68. The 5-year average EV/EBIT is 14.45. The thresholds are as follows: Strongly Undervalued below 8.74, Undervalued between 8.74 and 11.60, Fairly Valued between 17.31 and 11.60, Overvalued between 17.31 and 20.16, and Strongly Overvalued above 20.16. The current Forward EV/EBIT of 17.68 falls within the Overvalued range.
47.83
PS
ON Semiconductor Corp. (ON) has a current PS of 47.83. The 5-year average PS is 3.91. The thresholds are as follows: Strongly Undervalued below -4.14, Undervalued between -4.14 and -0.11, Fairly Valued between 7.94 and -0.11, Overvalued between 7.94 and 11.97, and Strongly Overvalued above 11.97. The current Forward PS of 47.83 falls within the Strongly Overvalued range.
10.85
P/OCF
ON Semiconductor Corp. (ON) has a current P/OCF of 10.85. The 5-year average P/OCF is 11.58. The thresholds are as follows: Strongly Undervalued below 7.68, Undervalued between 7.68 and 9.63, Fairly Valued between 13.54 and 9.63, Overvalued between 13.54 and 15.49, and Strongly Overvalued above 15.49. The current Forward P/OCF of 10.85 falls within the Historic Trend Line -Fairly Valued range.
12.47
P/FCF
ON Semiconductor Corp. (ON) has a current P/FCF of 12.47. The 5-year average P/FCF is 19.88. The thresholds are as follows: Strongly Undervalued below 4.25, Undervalued between 4.25 and 12.06, Fairly Valued between 27.69 and 12.06, Overvalued between 27.69 and 35.51, and Strongly Overvalued above 35.51. The current Forward P/FCF of 12.47 falls within the Historic Trend Line -Fairly Valued range.
ON Semiconductor Corp (ON) has a current Price-to-Book (P/B) ratio of 2.45. Compared to its 3-year average P/B ratio of 4.01 , the current P/B ratio is approximately -38.84% higher. Relative to its 5-year average P/B ratio of 4.39, the current P/B ratio is about -44.18% higher. ON Semiconductor Corp (ON) has a Forward Free Cash Flow (FCF) yield of approximately 0.07%. Compared to its 3-year average FCF yield of 3.92%, the current FCF yield is approximately -98.20% lower. Relative to its 5-year average FCF yield of 4.02% , the current FCF yield is about -98.25% lower.
2.45
P/B
Median3y
4.01
Median5y
4.39
0.07
FCF Yield
Median3y
3.92
Median5y
4.02
Competitors Valuation Multiple
The average P/S ratio for ON's competitors is 231.30, providing a benchmark for relative valuation. ON Semiconductor Corp Corp (ON) exhibits a P/S ratio of 47.83, which is -79.32% above the industry average. Given its robust revenue growth of -11.98%, 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 32.75% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 59.09 to 63.36.
The secondary factor is the Revenue Growth, contributed -11.98%to the performance.
Overall, the performance of ON in the past 1 year is driven by P/E Change. Which is more unsustainable.
People Also Watch
ASX
ASE Technology Holding Co Ltd
15.220
USD
-0.98%
PTC
PTC Inc
176.110
USD
+1.25%
FE
FirstEnergy Corp
45.900
USD
+0.07%
TEF
Telefonica SA
4.160
USD
+0.48%
STM
STMicroelectronics NV
23.530
USD
-0.47%
KB
KB Financial Group Inc
84.430
USD
-2.22%
MKL
Markel Group Inc
2037.320
USD
+1.40%
ATO
Atmos Energy Corp
176.910
USD
+0.81%
LII
Lennox International Inc
492.220
USD
+0.25%
WRB
W R Berkley Corp
74.970
USD
+0.52%
FAQ
Is ON Semiconductor Corp (ON) currently overvalued or undervalued?
ON Semiconductor Corp (ON) is now in the Fair zone, suggesting that its current forward PE ratio of 17.67 is considered Fairly compared with the five-year average of 16.55. The fair price of ON Semiconductor Corp (ON) is between 41.77 to 55.49 according to relative valuation methord.
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 Nov 09 2025?
What is the current FCF Yield for ON Semiconductor Corp (ON) as of Nov 09 2025?
What is the current Forward P/E ratio for ON Semiconductor Corp (ON) as of Nov 09 2025?