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ON SemiconductorBSP:O2NS34 -0.32%52 Intrinsic Value: Projected FCF is R$26.03 as of Jul. 21, 2026, which is 100% below its 10-year median of 1.52. 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 605 Semiconductors companies, ON Semiconductor ranks better than 59.34% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-07-21), ON Semiconductor's Intrinsic Value: Projected FCF is R$26.03. The stock price of ON Semiconductor is R$56.09. Therefore, ON Semiconductor's Price-to-Intrinsic-Value-Projected-FCF of today is 2.2.
The historical rank and industry rank for ON Semiconductor's Intrinsic Value: Projected FCF or its related term are showing as below:
BSP:O2NS34'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.62 Med: 1.52 Max: 2.63
Current: 2.15
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of ON Semiconductor was 2.63. The lowest was 0.62. And the median was 1.52.
BSP:O2NS34's Price-to-Projected-FCF is ranked better than 59.34% of 605
companies
in the Semiconductors industry
Industry Median: 2.76
vs BSP:O2NS34: 2.15
ON Semiconductor (BSP:O2NS34) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
ON Semiconductor's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
56.09
/
213.58236374204
=
0.26
* 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 Intrinsic Value: Projected FCF Related Terms
ON Semiconductor Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for ON Semiconductor's Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF Chart
BSP:O2NS34 vs CBRS, MTSI, GFS: Intrinsic Value: Projected FCF Comparison
For the Semiconductors subindustry, ON Semiconductor's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ON Semiconductor's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where ON Semiconductor's Price-to-Projected-FCF falls into.
ON Semiconductor Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of R$26.03 mean?
ON Semiconductor (BSP:O2NS34) has a Intrinsic Value: Projected FCF of R$26.03 as of Jul. 21, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on ON Semiconductor and its competitors. This is 1613% above median its historical median of 1.52. Over the past decade, ON Semiconductor's Intrinsic Value: Projected FCF has ranged from 0.62 to 2.63. According to the industry distribution chart, ON Semiconductor ranks #246 out of 605 companies in the Semiconductors industry, placing it in the top 40.7%.
Is ON Semiconductor's Intrinsic Value: Projected FCF too high?
ON Semiconductor's current Intrinsic Value: Projected FCF of R$26.03 is 1613% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.63. Based on the distribution chart, ON Semiconductor ranks #246 out of 605 companies in the Semiconductors industry, which is above 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 Intrinsic Value: Projected FCF compare to CBRS and MTSI?
According to the Semiconductors industry distribution chart, ON Semiconductor ranks #246 out of 605 companies for Intrinsic Value: Projected FCF. This puts ON Semiconductor in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 2.76. Historically, ON Semiconductor's own Intrinsic Value: Projected FCF has ranged from 0.62 to 2.63 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Semiconductors company?
The median Intrinsic Value: Projected FCF among Semiconductors companies is 2.76, based on 605 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on ON Semiconductor and its competitors. For the Semiconductors industry, the median Intrinsic Value: Projected FCF is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ON Semiconductor's current Intrinsic Value: Projected FCF is R$26.03, which is 1613% above median its own 10-year median of 1.52. 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 Intrinsic Value: Projected FCF is R$26.03, which is 1613% above median its 10-year median of 1.52. 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 Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For ON Semiconductor (BSP:O2NS34), the current Intrinsic Value: Projected FCF is R$26.03 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:
Intrinsic Value: Projected FCF: R$26.03 (1613% above median its 10-year median of 1.52)
GF Value™: R$39.53 vs. price of R$56.09 (41.9% above fair value)
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
Get the complete analysis for BSP:O2NS34
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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