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ONON vs PAG

ONON
On Holding AG
NEUTRAL
Price
$35.61
Market Cap
$11.79B
Sector
Consumer Cyclical
AI Confidence
85%
PAG
Penske Automotive Group, Inc.
NEUTRAL
Price
$171.52
Market Cap
$11.28B
Sector
Consumer Cyclical
AI Confidence
85%

Valuation

P/E Ratio
ONON
46.25
PAG
12.23
Forward P/E
ONON
17.53
PAG
12.02
P/B Ratio
ONON
5.71
PAG
2.03
P/S Ratio
ONON
3.91
PAG
0.35
EV/EBITDA
ONON
26.8
PAG
13.32

Profitability

Gross Margin
ONON
62.83%
PAG
16.4%
Operating Margin
ONON
11.04%
PAG
3.35%
Profit Margin
ONON
6.76%
PAG
2.94%
ROE
ONON
13.47%
PAG
17.05%
ROA
ONON
9.03%
PAG
4.62%

Growth

Revenue Growth
ONON
22.6%
PAG
-3.1%
Earnings Growth
ONON
-24.0%
PAG
-19.1%

Financial Health

Debt/Equity
ONON
0.32
PAG
1.58
Current Ratio
ONON
2.71
PAG
0.99
Quick Ratio
ONON
1.98
PAG
0.18

Dividends

Dividend Yield
ONON
--
PAG
3.47%
Payout Ratio
ONON
0.0%
PAG
36.66%

AI Verdict

ONON NEUTRAL

ONON exhibits a stable financial health profile with a Piotroski F-Score of 4/9, though it trades at a massive premium to its Graham Number ($10.39) and Intrinsic Value ($5.39). While the company maintains elite gross margins (62.83%) and strong top-line revenue growth (22.6%), recent earnings growth has turned sharply negative (-24%). The bearish insider sentiment and technical trend contrast sharply with bullish analyst targets, suggesting a high-volatility growth stock in a price-correction phase. The strong balance sheet provides a safety net, but the valuation remains speculative based on deterministic metrics.

Strengths
Exceptional gross margins (62.83%) indicating strong brand pricing power
Robust revenue growth (22.6% YoY) showing continued market expansion
Very low leverage with a Debt/Equity ratio of 0.32
Risks
Significant divergence between current price ($35.61) and deterministic fair values
Negative earnings growth (-24% YoY) despite increasing revenue
Bearish insider activity with consistent CEO selling
PAG NEUTRAL

PAG presents a stable but stagnating profile, characterized by a Piotroski F-Score of 6/9 indicating stable financial health. While the stock trades near its Graham Number ($163.41), it is significantly above its growth-based intrinsic value ($98.21), suggesting the market is pricing in stability rather than growth. Negative YoY revenue (-3.10%) and earnings (-19.10%) growth are primary concerns, though these are offset by a very low P/E ratio (12.23) relative to the sector average. The overall outlook is tempered by bearish technical trends and insider selling.

Strengths
Low valuation relative to sector (P/E 12.23 vs Sector Avg 31.83)
Strong Return on Equity (ROE) of 17.05%
Diversified revenue streams across Retail Automotive, Commercial Trucks, and PTS investment
Risks
Negative YoY earnings growth (-19.10%) and revenue growth (-3.10%)
Poor short-term liquidity indicated by a Quick Ratio of 0.18
Regulatory risk in the UK regarding EV mandates and emissions penalties

Compare Another Pair

ONON vs PAG: Head-to-Head Comparison

This page compares On Holding AG (ONON) and Penske Automotive Group, Inc. (PAG) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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