ONON (On Holding AG) Margin of Safety % (DCF FCF Based): N/A (As of Jun. 25, 2026)


ONON On Holding AG ONON
85 GF Score
Price $36.92
GF Value $62.56
Valuation Significantly Undervalued
! 2 Warning Signs
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What is On Holding AG Margin of Safety % (DCF FCF Based)?

Margin of Safety % (DCF FCF Based) = (Intrinsic Value: DCF (FCF Based) - Current Price) / Intrinsic Value: DCF (FCF Based).

Note: Discounted FCF model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's Predictability Rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

On Holding AG's Predictability Rank is Not Rated. Thus, the DCF related results in the screener and portfolio will appear as zero and Margin of Safety % (DCF FCF Based) is not calculated.

ONON vs DECK, BIRK, CROX: Margin of Safety % (DCF FCF Based) Comparison

For the Footwear & Accessories subindustry, On Holding AG's Margin of Safety % (DCF FCF Based), along with its competitors' market caps and Margin of Safety % (DCF FCF Based) 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 Margin of Safety % (DCF FCF Based) vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, On Holding AG's Margin of Safety % (DCF FCF Based) distribution charts can be found below:

* The bar in red indicates where On Holding AG's Margin of Safety % (DCF FCF Based) falls into.


ONON
85GF Score
On Holding AG ONON
Margin of Safety % (DCF FCF Based) is just one metric. See GF Score™, valuation, warning signs, and more.
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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 $36.92 is trading 41% below its estimated GF Value™ of $62.56. GuruFocus considers On Holding AG to be Significantly Undervalued.

Key valuation signals for ONON:

  • Margin of Safety % (DCF FCF Based): N/A
  • GF Value™: $62.56 vs. price of $36.92 (41% below fair value)
  • GF Score™: 85/100 with 2 warning signs

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.

On Holding AG Business Description

Address Forrlibuckstrasse 190, Zurich, CHE, 8005
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.
85GF Score

Get the complete analysis for ONON

Margin of Safety % (DCF FCF Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.92
Price
$62.56
GF Value