ON Semiconductor Enterprise Value Over E B I T D A from 2010 to 2024

ON Stock  USD 70.35  0.47  0.66%   
ON Semiconductor Enterprise Value Over EBITDA yearly trend continues to be very stable with very little volatility. Enterprise Value Over EBITDA is likely to drop to 6.78. During the period from 2010 to 2024, ON Semiconductor Enterprise Value Over EBITDA quarterly data regression pattern had sample variance of  12.40 and median of  9.09. View All Fundamentals
 
Enterprise Value Over EBITDA  
First Reported
2010-12-31
Previous Quarter
11.453977
Current Value
6.78
Quarterly Volatility
3.5216107
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ON Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ON Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 640 M, Interest Expense of 103.5 M or Selling General Administrative of 203.1 M, as well as many indicators such as Price To Sales Ratio of 4.58, Dividend Yield of 0.0022 or PTB Ratio of 8.98. ON Semiconductor financial statements analysis is a perfect complement when working with ON Semiconductor Valuation or Volatility modules.
  
Check out the analysis of ON Semiconductor Correlation against competitors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.

Latest ON Semiconductor's Enterprise Value Over E B I T D A Growth Pattern

Below is the plot of the Enterprise Value Over E B I T D A of ON Semiconductor over the last few years. It is ON Semiconductor's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ON Semiconductor's overall financial position and show how it may be relating to other accounts over time.
Enterprise Value Over E B I T D A10 Years Trend
Very volatile
   Enterprise Value Over E B I T D A   
       Timeline  

ON Semiconductor Enterprise Value Over E B I T D A Regression Statistics

Arithmetic Mean10.14
Geometric Mean9.55
Coefficient Of Variation34.72
Mean Deviation2.77
Median9.09
Standard Deviation3.52
Sample Variance12.40
Range12.3163
R-Value0.09
Mean Square Error13.24
R-Squared0.01
Significance0.75
Slope0.07
Total Sum of Squares173.62

ON Semiconductor Enterprise Value Over E B I T D A History

2024 6.78
2023 11.45
2022 8.19
2021 15.46
2020 15.19
2019 10.52
2018 6.36

About ON Semiconductor Financial Statements

ON Semiconductor investors utilize fundamental indicators, such as Enterprise Value Over E B I T D A, to predict how ON Semiconductor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Enterprise Value Over EBITDA 11.45  6.78 

Pair Trading with ON Semiconductor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ON Semiconductor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ON Semiconductor will appreciate offsetting losses from the drop in the long position's value.

Moving together with ON Semiconductor Stock

  0.69ADI Analog DevicesPairCorr
The ability to find closely correlated positions to ON Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ON Semiconductor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ON Semiconductor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ON Semiconductor to buy it.
The correlation of ON Semiconductor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ON Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ON Semiconductor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ON Semiconductor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of ON Semiconductor Correlation against competitors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ON Semiconductor. If investors know ON Semiconductor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ON Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Earnings Share
4.03
Revenue Per Share
17.235
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0956
The market value of ON Semiconductor is measured differently than its book value, which is the value of ON Semiconductor that is recorded on the company's balance sheet. Investors also form their own opinion of ON Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is ON Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ON Semiconductor's market value can be influenced by many factors that don't directly affect ON Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ON Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.