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ON SemiconductorBSP:O2NS34 -0.32%52 EV-to-OCF is 3.32 as of Jul. 21, 2026, which is 76% below its 10-year median of 14.06. GuruFocus rates BSP:O2NS34 with a GF Score™ of 52/100 and a GF Value™ of R$39.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,029 Semiconductors companies, ON Semiconductor ranks worse than 61.71% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, ON Semiconductor's Enterprise Value is R$25,006 Mil.
ON Semiconductor's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R$7,543 Mil. Therefore, ON Semiconductor's EV-to-OCF for today is 3.32.
The historical rank and industry rank for ON Semiconductor's EV-to-OCF or its related term are showing as below:
BSP:O2NS34'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.79 Med: 14.06 Max: 34.76
Current: 24.61
During the past 13 years, the highest EV-to-OCF of ON Semiconductor was 34.76. The lowest was 6.79. And the median was 14.06.
BSP:O2NS34's EV-to-OCF is ranked worse than 61.71% of 1029
companies
in the Semiconductors industry
Industry Median: 14.46
vs BSP:O2NS34: 24.61
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
ON Semiconductor (BSP:O2NS34) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
ON Semiconductor's PE Ratio (TTM) for today is calculated as:
ON Semiconductor's share price for today is R$56.09.
ON Semiconductor's Earnings per Share (Diluted) 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 R$7.690.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
ON Semiconductor EV-to-OCF Related Terms
ON Semiconductor EV-to-OCF Historical Data
* Premium members only.
The historical data trend for ON Semiconductor's EV-to-OCF 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.
BSP:O2NS34 vs CBRS, MTSI, GFS: EV-to-OCF Comparison
For the Semiconductors subindustry, ON Semiconductor's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ON Semiconductor's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where ON Semiconductor's EV-to-OCF falls into.
ON Semiconductor's current Enterprise Value is R$25,006 Mil.
ON Semiconductor's Cash Flow from Operations 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 R$7,543 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 (BSP:O2NS34) has a EV-to-OCF of 3.32 as of Jul. 21, 2026. This is 76% below median its historical median of 14.06. Over the past decade, ON Semiconductor's EV-to-OCF has ranged from 6.79 to 34.76. According to the industry distribution chart, ON Semiconductor ranks #635 out of 1029 companies in the Semiconductors industry, placing it in the top 61.7%.
Is ON Semiconductor's EV-to-OCF too high?
ON Semiconductor's current EV-to-OCF of 3.32 is 76% below median its 10-year median of 14.06. Over the past 10 years, this metric has ranged from a low of 6.79 to a high of 34.76. The Semiconductors industry median EV-to-OCF is 14.46. ON Semiconductor's value of 3.32 is 77% below this industry median. Based on the distribution chart, ON Semiconductor ranks #635 out of 1029 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ON Semiconductor has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ON Semiconductor's EV-to-OCF compare to CBRS and MTSI?
According to the Semiconductors industry distribution chart, ON Semiconductor ranks #635 out of 1029 companies for EV-to-OCF. This places ON Semiconductor in the lower half of its industry. The industry median EV-to-OCF is 14.46. ON Semiconductor's value of 3.32 is 77% below this benchmark. Historically, ON Semiconductor's own EV-to-OCF has ranged from 6.79 to 34.76 over the past decade. While the company's 10-year median is 14.06 vs. the industry median of 14.46, ON Semiconductor has consistently been below 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-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 14.46, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ON Semiconductor's current EV-to-OCF of 3.32 is 77% below 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ON Semiconductor's current EV-to-OCF is 3.32, which is 76% below median its own 10-year median of 14.06. 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?
Based on GuruFocus' analysis, ON Semiconductor (BSP:O2NS34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$39.53, compared to a current price of R$56.09 — trading 41.9% above its estimated fair value. The current EV-to-OCF is 3.32, which is 76% below median its 10-year median of 14.06 and 77% below the Semiconductors industry median of 14.46. ON Semiconductor's overall GF Score™ is 52/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For ON Semiconductor (BSP:O2NS34), the current EV-to-OCF is 3.32 as of Jul. 21, 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 (BSP:O2NS34) Overvalued in 2026?
Based on GuruFocus' analysis, ON Semiconductor stock appears to be overvalued.
The current stock price of R$56.09 is trading 41.9% above its estimated GF Value™ of R$39.53.
GuruFocus considers ON Semiconductor to be Significantly Overvalued.
Key valuation signals for BSP:O2NS34:
EV-to-OCF: 3.32 (76% below median its 10-year median of 14.06)
GF Value™: R$39.53 vs. price of R$56.09 (41.9% above fair value)
Industry Position: 77% below the Semiconductors median (#635 of 1029)
No single metric tells the full story. See the BSP:O2NS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
52GF Score
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