ON Semiconductor (XSWX:ON) EV-to-EBIT: 52.48 (As of Jul. 15, 2026) — 184% Above Median

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XSWX:ON ON Semiconductor Corp XSWX:ON
82 GF Score
Price CHF75.49
GF Value CHF49.11
! 4 Warning Signs
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What is ON Semiconductor EV-to-EBIT?

ON Semiconductor XSWX:ON +0.24% 82 EV-to-EBIT is 52.48 as of Jul. 15, 2026, which is 184% above its 10-year median of 18.50. GuruFocus rates XSWX:ON with a GF Score™ of 82/100 and a GF Value™ of CHF49.11. The stock has 4 warning signs investors should review. Among 684 Semiconductors companies, ON Semiconductor ranks worse than 62.43% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ON Semiconductor's Enterprise Value is CHF30,024 Mil. ON Semiconductor's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF572 Mil. Therefore, ON Semiconductor's EV-to-EBIT for today is 52.48.

The historical rank and industry rank for ON Semiconductor's EV-to-EBIT or its related term are showing as below:

XSWX:ON' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.46   Med: 18.5   Max: 146.74
Current: 52.01

During the past 13 years, the highest EV-to-EBIT of ON Semiconductor was 146.74. The lowest was 9.46. And the median was 18.50.

XSWX:ON's EV-to-EBIT is ranked worse than
62.43% of 684 companies
in the Semiconductors industry
Industry Median: 35.505 vs XSWX:ON: 52.01

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ON Semiconductor's Enterprise Value for the quarter that ended in Mar. 2026 was CHF18,978 Mil. ON Semiconductor's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF572 Mil. ON Semiconductor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.01%.


ON Semiconductor  (XSWX:ON) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

ON Semiconductor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=572.089/18978.17478
=3.01 %

ON Semiconductor's Enterprise Value for the quarter that ended in Mar. 2026 was CHF18,978 Mil.
ON Semiconductor's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF572 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ON Semiconductor EV-to-EBIT Related Terms


ON Semiconductor EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for ON Semiconductor's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ON Semiconductor EV-to-EBIT Chart

ON Semiconductor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.17 11.10 13.99 14.24 108.60

ON Semiconductor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.65 36.55 48.19 108.60 34.89

XSWX:ON vs CBRS, MTSI, GFS: EV-to-EBIT Comparison

For the Semiconductors subindustry, ON Semiconductor's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Semiconductor EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ON Semiconductor's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ON Semiconductor's EV-to-EBIT falls into.


XSWX:ON
82GF Score
ON Semiconductor Corp XSWX:ON
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ON Semiconductor EV-to-EBIT Calculation

ON Semiconductor's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=30023.555/572.089
=52.48

ON Semiconductor's current Enterprise Value is CHF30,024 Mil.
ON Semiconductor's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF572 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 52.48 mean?
ON Semiconductor (XSWX:ON) has a EV-to-EBIT of 52.48 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ON Semiconductor and its competitors. This is 184% above median its historical median of 18.50. Over the past decade, ON Semiconductor's EV-to-EBIT has ranged from 9.46 to 146.74. According to the industry distribution chart, ON Semiconductor ranks #427 out of 684 companies in the Semiconductors industry, placing it in the top 62.4%.
Is ON Semiconductor's EV-to-EBIT too high?
ON Semiconductor's current EV-to-EBIT of 52.48 is 184% above median its 10-year median of 18.50. Over the past 10 years, this metric has ranged from a low of 9.46 to a high of 146.74. The Semiconductors industry median EV-to-EBIT is 35.51. ON Semiconductor's value of 52.48 is 47.8% above this industry median. Based on the distribution chart, ON Semiconductor ranks #427 out of 684 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ON Semiconductor has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does ON Semiconductor's EV-to-EBIT compare to CBRS and MTSI?
According to the Semiconductors industry distribution chart, ON Semiconductor ranks #427 out of 684 companies for EV-to-EBIT. This places ON Semiconductor in the lower half of its industry. The industry median EV-to-EBIT is 35.51. ON Semiconductor's value of 52.48 is 47.8% above this benchmark. Historically, ON Semiconductor's own EV-to-EBIT has ranged from 9.46 to 146.74 over the past decade. While the company's 10-year median is 18.50 vs. the industry median of 35.51, ON Semiconductor 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 EV-to-EBIT for a Semiconductors company?
The median EV-to-EBIT among Semiconductors companies is 35.51, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ON Semiconductor's current EV-to-EBIT of 52.48 is 47.8% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ON Semiconductor and its competitors. For the Semiconductors industry, the median EV-to-EBIT is 35.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ON Semiconductor's current EV-to-EBIT is 52.48, which is 184% above median its own 10-year median of 18.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ON Semiconductor stock overvalued right now?
ON Semiconductor (XSWX:ON) has a current EV-to-EBIT of 52.48. The stock's GF Value™ is CHF49.11, compared to a current price of CHF75.49 — trading 53.7% above its estimated fair value. The current EV-to-EBIT is 52.48, which is 184% above median its 10-year median of 18.50 and 47.8% above the Semiconductors industry median of 35.51. ON Semiconductor's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For ON Semiconductor (XSWX:ON), the current EV-to-EBIT is 52.48 as of Jul. 15, 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 Semiconductor (XSWX:ON) Overvalued in 2026?

Based on GuruFocus' analysis, ON Semiconductor stock appears to be overvalued. The current stock price of CHF75.49 is trading 53.7% above its estimated GF Value™ of CHF49.11.

Key valuation signals for XSWX:ON:

  • EV-to-EBIT: 52.48 (184% above median its 10-year median of 18.50)
  • GF Value™: CHF49.11 vs. price of CHF75.49 (53.7% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 47.8% above the Semiconductors median (#427 of 684)

No single metric tells the full story. See the XSWX:ON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ON Semiconductor Business Description

Address 5701 North Pima Road, Scottsdale, AZ, USA, 85250
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
82GF Score

Get the complete analysis for XSWX:ON

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF75.49
Price
CHF49.11
GF Value