ON Semiconductor Corporation (ON)

NASDAQ · Information Technology · market cap 46.90B

Share price

$70.11

At the last nightly close

Intrinsic value

$70.79

Range $70.79 – $87.68 — the conservative figure is the low end.

Margin of safety

+1.0%

($70.79 − $70.11) ÷ $70.11

EV / EBIT

68.7

On the median operating profit of 15 fiscal years through 2025.

How these numbers are computed

The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above starts from the lower of the first two; the Graham Number never enters it.

The frame gives no credit for growth unless the company has earned it: only a return on invested capital that has beaten the cost of capital year after year earns a growth credit, and that credit is capped. A company that compounds will therefore usually read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.

The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.

Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-10-17.

Key metrics

Price / earnings45.2
Price / book3.8
EV / EBITDA13.8
FCF / EV+1.5%
Return on equity+8.3%
Return on assets+6.8%
Debt / equity0.65
Gross margin+42.8%

Market position

52-week high$133.93
52-week low$44.90
From 52-week high-47.7%
RSI (14)40.9
200-day moving average$78.44

Annual financials

PeriodRevenueOperating incomeNet incomeEPSFree cash flow
2025-FY6.00B751.1M121.0M0.291.42B
2024-FY7.08B1.90B1.57B3.681.21B
2023-FY8.25B2.61B2.18B5.07438.4M
2022-FY8.33B2.76B1.90B4.391.60B
2021-FY6.74B1.29B1.01B2.271.34B

Filed figures from SEC EDGAR, in the reporting currency.

Recent news

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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.