ON Semiconductor Corp
General ticker "ON" information:
- Sector: Information Technology
- Industry: Semiconductors & Semiconductor Equipment
- Capitalization: $29.1B
ON Semiconductor Corp follows the US Stock Market performance with the rate: 6.8%.
Estimated limits based on current volatility of 2.0%: low 65.21$, high 67.81$
Factors to consider:
- Company included in S&P500 list
- US accounted for 19.1% of revenue in the fiscal year ended 2023-12-31
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [68.66$, 112.10$]
- 2024-12-30 to 2025-12-30 estimated range: [83.47$, 130.53$]
Financial Metrics affecting the ON estimates:
- Positive: Non-GAAP EPS, $ of 5.16 > 2.29
- Positive: Operating profit margin, % of 30.76 > 19.51
- Negative: Investing cash flow per share, $ of -4.04 <= -3.48
- Negative: Industry operating cash flow per share per price (median), % of 2.65 <= 3.85
- Positive: 2.14 < Industry operating profit margin (median), % of 3.49
- Positive: Return on assets ratio (scaled to [-100,100]) of 14.19 > 7.10
Short-term ON quotes
Long-term ON plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $6,739.80MM | $8,326.20MM | $8,253.00MM |
| Operating Expenses | $5,452.20MM | $5,966.20MM | $5,714.30MM |
| Operating Income | $1,287.60MM | $2,360.00MM | $2,538.70MM |
| Non-Operating Income | $-129.80MM | $2.20MM | $-2.90MM |
| Interest Expense | $130.40MM | $94.90MM | $74.80MM |
| R&D Expense | $655.00MM | $600.20MM | $577.30MM |
| Income(Loss) | $1,157.80MM | $2,362.20MM | $2,535.80MM |
| Taxes | $146.60MM | $458.40MM | $350.20MM |
| Profit(Loss) | $1,011.20MM | $1,903.80MM | $2,185.60MM |
| Stockholders Equity | $4,585.40MM | $6,188.50MM | $7,782.60MM |
| Inventory | $1,379.50MM | $1,616.80MM | $2,111.80MM |
| Assets | $9,626.00MM | $11,978.50MM | $13,215.20MM |
| Operating Cash Flow | $1,782.00MM | $2,633.10MM | $1,977.50MM |
| Capital expenditure | $492.00MM | $1,036.00MM | $1,575.60MM |
| Investing Cash Flow | $-915.10MM | $-705.40MM | $-1,737.90MM |
| Financing Cash Flow | $-569.40MM | $-370.00MM | $-686.50MM |
| Earnings Per Share* | $2.37 | $4.39 | $5.07 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.