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On Holding AGONON -1.30%81 3-Year EBITDA Growth Rate is 46.70% as of Jun. 2026, which is 31% below its 10-year median of 68.00. GuruFocus rates ONON with a GF Score™ of 81/100 and a GF Value™ of $61.13 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 863 Manufacturing - Apparel & Accessories companies, On Holding AG ranks better than 90.5% on this metric.
During the past 12 months, On Holding AG's average EBITDA Per Share Growth Rate was 145.40% per year.
During the past 3 years, the average EBITDA Per Share Growth Rate was 46.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
During the past 7 years, the highest 3-Year average EBITDA Per Share Growth Rate of On Holding AG was 89.30% per year. The lowest was 46.70% per year. And the median was 68.00% per year.
On Holding AG (NYSE:ONON) 3-Year EBITDA Growth Rate Explanation
EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.
On Holding AG 3-Year EBITDA Growth Rate Related Terms
ONON vs DECK, BIRK, CROX: 3-Year EBITDA Growth Rate Comparison
For the Footwear & Accessories subindustry, On Holding AG's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
On Holding AG 3-Year EBITDA Growth Rate vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, On Holding AG's 3-Year EBITDA Growth Rate distribution charts can be found below:
* The bar in red indicates where On Holding AG's 3-Year EBITDA Growth Rate falls into.
On Holding AG 3-Year EBITDA Growth Rate Calculation
This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.
What does a 3-Year EBITDA Growth Rate of 46.70% mean?
On Holding AG (ONON) has a 3-Year EBITDA Growth Rate of 46.70% as of Jun. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for On Holding AG and its competitors. This is 31% below median its historical median of 68.00. Over the past decade, On Holding AG's 3-Year EBITDA Growth Rate has ranged from 46.70 to 89.30. According to the industry distribution chart, On Holding AG ranks #82 out of 863 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9.5%.
Is On Holding AG's 3-Year EBITDA Growth Rate too high?
On Holding AG's current 3-Year EBITDA Growth Rate of 46.70% is 31% below median its 10-year median of 68.00. Over the past 10 years, this metric has ranged from a low of 46.70 to a high of 89.30. The Manufacturing - Apparel & Accessories industry median 3-Year EBITDA Growth Rate is 1.80. On Holding AG's value of 46.70% is 2494.4% above this industry median. Based on the distribution chart, On Holding AG ranks #82 out of 863 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, On Holding AG has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does On Holding AG's 3-Year EBITDA Growth Rate compare to DECK and BIRK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, On Holding AG ranks #82 out of 863 companies for 3-Year EBITDA Growth Rate. This places On Holding AG in the top 10% of its industry — outperforming the majority of peers. The industry median 3-Year EBITDA Growth Rate is 1.80. On Holding AG's value of 46.70% is 2494.4% above this benchmark. Historically, On Holding AG's own 3-Year EBITDA Growth Rate has ranged from 46.70 to 89.30 over the past decade. While the company's 10-year median is 68.00 vs. the industry median of 1.80, On Holding AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for a Manufacturing - Apparel & Accessories company?
The median 3-Year EBITDA Growth Rate among Manufacturing - Apparel & Accessories companies is 1.80, based on 863 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. On Holding AG's current 3-Year EBITDA Growth Rate of 46.70% is 2494.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for On Holding AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year EBITDA Growth Rate is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. On Holding AG's current 3-Year EBITDA Growth Rate is 46.70%, which is 31% below median its own 10-year median of 68.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is On Holding AG stock overvalued right now?
Based on GuruFocus' analysis, On Holding AG (ONON) is currently considered Significantly Undervalued. The stock's GF Value™ is $61.13, compared to a current price of $27.99 — trading 54.2% below its estimated fair value. The current 3-Year EBITDA Growth Rate is 46.70%, which is 31% below median its 10-year median of 68.00 and 2494.4% above the Manufacturing - Apparel & Accessories industry median of 1.80. On Holding AG's overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For On Holding AG (ONON), the current 3-Year EBITDA Growth Rate is 46.70% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is On Holding AG (ONON) Overvalued in 2026?
Based on GuruFocus' analysis, On Holding AG stock appears to be undervalued.
The current stock price of $27.99 is trading 54.2% below its estimated GF Value™ of $61.13.
GuruFocus considers On Holding AG to be Significantly Undervalued.
Key valuation signals for ONON:
3-Year EBITDA Growth Rate: 46.70% (31% below median its 10-year median of 68.00)
GF Value™: $61.13 vs. price of $27.99 (54.2% below fair value)
Industry Position: 2494.4% above the Manufacturing - Apparel & Accessories median (#82 of 863)
No single metric tells the full story. See the ONON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in Switzerland in 2010, sportswear firm On Holding generates more than 90% of its sales from athletic shoes. The brand is best known for its running shoes and its distinctive CloudTec soles. On also produces athletic apparel (6% of 2025 sales) and accessories (1%). The firm's merchandise is available in more than 80 countries and is sold through both wholesale (58% of sales) and company-owned channels (42%). In 2025, On generated 58% of its sales in North America, 25% in Europe, the Middle East, and Africa, and 17% in the Asia-Pacific region.
81GF Score
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3-Year EBITDA Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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