On Holding AGONON
Price$30.20Intrinsic value$65.94118% above price

Valuation

How Intrinsic Value compares with model outputs

Intrinsic Value $65.94median of 6 methods · middle span $43-$89based on filings through 31 Dec 2025
Market Price $30.20Price as of 1 Oct 2026
Margin of Safety +118.4%as of 1 Oct 2026

Valuation methods vs. Market Price

Company vs. peer median Members

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Assumptions

ParameterValue
Years 1–5: analyst growth pathFive-year total matches analyst consensus exactly. Year 1: 60.0% (near-term consensus, capped) · years 2–5: 32.6%/yr (balance of the path).37.7% per year
Years 6–10: glide to demonstrated growth
Per-year rates
Yr 630.1%Yr 727.6%Yr 825.1%Yr 922.5%Yr 1020.0%
32.6% → 20.0%
Years 11–20: glide to long-run rate
Per-year rates
Yr 1118.3%Yr 1216.6%Yr 1314.9%Yr 1413.2%Yr 1511.5%Yr 169.8%Yr 178.1%Yr 186.4%Yr 194.7%Yr 203.0%
20.0% → 3.0%
Beyond year 20: terminal growthPerpetual long-run rate3.0%
Discount rate (cost of equity) 12.7%
Volatility vs market (adjusted beta)1.73

Valuation Detail Members

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Assumptions Sandbox Members

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Compare with peers

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Best in rowHigher is betterLower is better—Data not available
TargetOn Holding AGONONConsumer Discretionary
Valuation
P/E—
P/S2.4×
P/B5.6×
EV / Revenue2.2×
EV / EBITDA22.7×
Profitability
Gross margin62.8%
Operating margin12.5%
Net margin6.8%
FCF margin9.5%
Returns
ROE12.4%
ROA7.2%
ROIC—
Growth
Revenue growth (YoY)48.6%
5-yr fwd EPS growth37.7%
Financial strength
Debt / Equity—
Current ratio2.71×
Altman Z-Score—
Interest coverage—
Dividend yield—

Best value in each row is highlighted. Figures are periodic snapshots from the same filings used across each dossier; a dash means the figure is not available.

AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.