Stock AnalizON Semiconductor Corp. ON
Semiconductors · data as of November 13, 2026
ON Semiconductor Corp. (ON) is a technology company listed in the US with a market value of about $27.7B. In the twelve months to October 2, 2026 it had revenue of $6.4B and net income of $689M, a net margin of 10.8%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is financial health (3/5); the weakest is future growth (1/5).
Key numbers: a P/E of 41.6, a price to free cash flow of 17.1, 5-year revenue growth of 3% a year, a 5-year average ROIC of 13%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 5% above the current price.
Score: 2.2 / 5
Checks passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Strong R&D investment or growth above 20%
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- Positive free cash flow
- Debt below 3 years of free cash flow
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4B | $6.0B | $7.1B | $8.3B | $8.3B | $6.7B | $5.3B | $5.5B | $5.9B | $5.5B | $3.9B |
| Net income | $689M | $121M | $1.6B | $2.2B | $1.9B | $1.0B | $234M | $212M | $627M | $811M | $182M |
| Free cash flow | $1.6B | $1.4B | $1.2B | $438M | $1.6B | $1.3B | $501M | $160M | $759M | $707M | $370M |
| EPS (diluted) | $1.71 | $0.29 | $3.63 | $4.89 | $4.25 | $2.27 | $0.56 | $0.51 | $1.44 | $1.89 | $0.43 |
| Net margin | 10.8% | 2.0% | 22.2% | 26.5% | 22.9% | 15.0% | 4.5% | 3.8% | 10.7% | 14.6% | 4.7% |
| ROIC | — | 0.7% | 12.2% | 19.2% | 19.7% | 14.3% | 3.8% | 4.8% | 11.9% | 9.4% | 3.6% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 25 analysts is $96.16, 35% above the current price; targets range from $75.00 to $125.00; the consensus rating is “Buy”; expected EPS is $3.29 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is ON Semiconductor’s P/E ratio?
About 41.6, based on the last twelve months of diluted earnings per share (forward P/E about 16.1).
Is ON Semiconductor stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 5% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does ON Semiconductor pay a dividend?
Not currently.
Is ON Semiconductor a good stock to buy?
We do not give buy or sell advice. ON Semiconductor scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.