ONON — Stock Film
STOCK FILMSCENE 1/11ONON · $29.90
Stock Expert AI presents
ONON
On Holding AG
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
On Holding AG. A quick introduction.

On the stock market since 2021, it operates in the world of consumer spending. It has 3,963 employees. Now — the numbers.

on the stock market since 2021
3,963 employees
$11B market value
Revenue last year:
$0
The net profit left over:
$0
Out of every $100 in sales, $7 stays as net profit.
THE SLICE THAT TURNS INTO PROFIT: 7%

This is an established company with proven profits.

WHERE DOES THE MONEY COME FROM?
93%Shoes
Shoes 93%Apparel 6%Accessories 1%
93% of all revenue comes from a single line: Shoes.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales are growing, year after year.

Average growth of 41% a year over the last 4 years. Red columns mark years that ended in a loss.

$724.6M
2021
$1.2B
2022
$1.8B
2023
$2.3B
2024
$2.9B
2025
What executives did with their own stock over the last 12 months:
23 buy16 sell

Buys outnumber sells, but taken together the trades don’t add up to a strong signal of confidence.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Fat profit on each sale10/10
A strong cash pile8/10
WEAK SPOTS
The stock has lost its spark0/10
Executives aren’t buying3/10
WORTH WATCHING

Executive Buying: The trades send no strong signal of confidence.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 53% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 3 years, sales grew about 33% a year on average.

2
THE BRIGHT SIDE · 2/3
Strong cash, light debt

There is $1.0B in the vault; even if every debt were paid off, $439.4M would remain.

3
THE BRIGHT SIDE · 3/3
Analysts’ target sits above today’s price

The average analyst price target is $46.6256% above today’s price.

1
THE RISKS · 1/2
A wildly swinging price

This stock swings about 2.1 times as much as the market average. Big rallies — and big drops — can both happen fast.

2
THE RISKS · 2/2
A rich price tag

The company’s market value is 55 times its annual profit. Even a small disappointment could hit the price hard.

FINALE · THE GRADE
C
0 / 100 · MoonshotScore

On our five-subject report card, ONON sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: ONON is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.

What would you like to do next?
Open the stock page →
This was a film — not investment advice.
Data: FMP & company filings
Aug 21, 2026 · stockexpertai.com · Stock Film