On Holding AG

  • Market Cap: Small Cap
  • Industry: Footwear
  • ISIN: CH1134540470
USD
46.51
-0.56 (-1.19%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

3.59 M

Shareholding (Mar 2025)

FII

15.44%

Held by 181 FIIs

DII

55.54%

Held by 48 DIIs

Promoter

0.97%

How big is On Holding AG?

22-Jun-2025

As of Jun 18, On Holding AG has a market capitalization of 17,578.88 million, with net sales of 2,861.07 million and a net profit of 234.44 million for the latest four quarters. The balance sheet shows shareholder's funds of 1,535.78 million and total assets of 2,634.48 million.

As of Jun 18, On Holding AG has a market capitalization of 17,578.88 million, categorizing it as a Mid Cap company.<BR><BR>As of Jun 18, the company reported net sales of 2,861.07 million and a net profit of 234.44 million for the latest four quarters.<BR><BR>As of Dec 24, the balance sheet shows shareholder's funds of 1,535.78 million and total assets amounting to 2,634.48 million.

Read More

What does On Holding AG do?

22-Jun-2025

On Holding AG is a mid-cap footwear company with recent net sales of $808 million and a net profit of $63 million. It has a market cap of approximately $17.58 billion, a P/E ratio of 81.00, and no dividend yield.

Overview:<BR>On Holding AG operates in the footwear industry and is classified as a mid-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 808 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 63 Million (Quarterly Results - Mar 2025) <BR>Market cap: USD 17,578.88 Million (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 81.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.52 <BR>Return on Equity: 14.23% <BR>Price to Book: 10.67 <BR><BR>Contact Details:<BR>Registrar Address: Not available.

Read More

Is On Holding AG overvalued or undervalued?

20-Sep-2025

As of July 7, 2025, On Holding AG is considered very expensive and overvalued with a P/E ratio of 81, significantly higher than its peers, and has underperformed with a year-to-date return of -17.86% compared to the S&P 500's 12.22% gain.

As of 7 July 2025, the valuation grade for On Holding AG has moved from fair to very expensive. The company appears to be overvalued based on its current metrics, including a P/E ratio of 81, a Price to Book Value of 11.59, and an EV to EBITDA ratio of 44.77. In comparison to peers, Ralph Lauren Corp. has a more attractive P/E ratio of 48.61, while Skechers U.S.A., Inc. stands out with a very low P/E of 12.84, indicating that On Holding AG's valuation is significantly higher than its competitors.<BR><BR>Additionally, On Holding AG's recent stock performance has been underwhelming, with a year-to-date return of -17.86%, contrasting sharply with the S&P 500's gain of 12.22% over the same period. This further reinforces the notion that the stock is overvalued relative to both its industry peers and broader market performance.

Read More

Is On Holding AG technically bullish or bearish?

28-Oct-2025

As of October 24, 2025, On Holding AG's trend has shifted to bearish with weak strength indicators, underperforming the S&P 500 significantly with a year-to-date return of -23.86% compared to the S&P 500's 15.47%.

As of 24 October 2025, the technical trend for On Holding AG has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the weekly MACD and Bollinger Bands both showing bearish signals. The daily moving averages also confirm a bearish trend. The KST shows a mixed picture with a bearish weekly signal but a bullish monthly signal, while Dow Theory indicates a mildly bullish weekly stance but mildly bearish monthly. <BR><BR>In terms of performance, On Holding AG has underperformed the S&P 500 across multiple periods, with a year-to-date return of -23.86% compared to the S&P 500's 15.47%, and a one-year return of -12.38% versus 16.90% for the benchmark.

Read More
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.

Dashboard
1

Company has a low Debt to Equity ratio (avg) at times

 
2

Healthy long term growth as Net Sales has grown by an annual rate of 297.65% and Operating profit at 231.00%

 
3

Positive results in Jun 25

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Footwear

stock-summary
Market cap

USD 15,379 Million (Small Cap)

stock-summary
P/E

81.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.52

stock-summary
Return on Equity

8.60%

stock-summary
Price to Book

8.76

Revenue and Profits:
Net Sales:
907 Million
(Quarterly Results - Jun 2025)
Net Profit:
-50 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
1.0%
0%
1.0%
6 Months
-19.85%
0%
-19.85%
1 Year
-21.17%
0%
-21.17%
2 Years
55.92%
0%
55.92%
3 Years
137.17%
0%
137.17%
4 Years
26.39%
0%
26.39%
5 Years
0%
0%
0.0%

On Holding AG for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
297.65%
EBIT Growth (5y)
231.00%
EBIT to Interest (avg)
7.82
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.52
Sales to Capital Employed (avg)
1.49
Tax Ratio
8.64%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
70.11%
ROCE (avg)
26.58%
ROE (avg)
11.19%
Valuation key factors
Factor
Value
P/E Ratio
81
Industry P/E
Price to Book Value
11.59
EV to EBIT
64.57
EV to EBITDA
44.77
EV to Capital Employed
23.15
EV to Sales
6.37
PEG Ratio
1.39
Dividend Yield
NA
ROCE (Latest)
35.85%
ROE (Latest)
14.23%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 82 Schemes (28.04%)

Foreign Institutions

Held by 181 Foreign Institutions (15.44%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 12.22% vs 16.91% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -178.45% vs -38.20% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "907.10",
          "val2": "808.30",
          "chgp": "12.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "151.60",
          "val2": "117.20",
          "chgp": "29.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.20",
          "val2": "6.60",
          "chgp": "39.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-49.50",
          "val2": "63.10",
          "chgp": "-178.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "123.90%",
          "val2": "106.10%",
          "chgp": "1.78%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 32.00% vs 55.85% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 210.50% vs 46.69% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,632.40",
          "val2": "1,994.20",
          "chgp": "32.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "358.90",
          "val2": "272.90",
          "chgp": "31.51%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "26.20",
          "val2": "12.60",
          "chgp": "107.94%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "275.10",
          "val2": "88.60",
          "chgp": "210.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "91.20%",
          "val2": "100.60%",
          "chgp": "-0.94%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
907.10
808.30
12.22%
Operating Profit (PBDIT) excl Other Income
151.60
117.20
29.35%
Interest
9.20
6.60
39.39%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-49.50
63.10
-178.45%
Operating Profit Margin (Excl OI)
123.90%
106.10%
1.78%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is 12.22% vs 16.91% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -178.45% vs -38.20% in Mar 2025

Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,632.40
1,994.20
32.00%
Operating Profit (PBDIT) excl Other Income
358.90
272.90
31.51%
Interest
26.20
12.60
107.94%
Exceptional Items
0.00
0.00
Consolidate Net Profit
275.10
88.60
210.50%
Operating Profit Margin (Excl OI)
91.20%
100.60%
-0.94%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is 32.00% vs 55.85% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 210.50% vs 46.69% in Dec 2023

stock-summaryCompany CV
About On Holding AG stock-summary
stock-summary
On Holding AG
Footwear
No Details Available.
Company Coordinates stock-summary
Icon
No Company Details Available