ONON Enterprise Value Over E B I T D A from 2010 to 2024
| ONON Stock | USD 58.33 0.43 0.74% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 49.6971285 | Current Value 52.18 | Quarterly Volatility 738.57804785 |
Check On Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among On Holding's main balance sheet or income statement drivers, such as Net Interest Income of 210 K, Interest Income of 12.1 M or Depreciation And Amortization of 34.6 M, as well as many indicators such as Price To Sales Ratio of 3.86, Dividend Yield of 0.0 or PTB Ratio of 6.43. ONON financial statements analysis is a perfect complement when working with On Holding Valuation or Volatility modules.
ONON | Enterprise Value Over E B I T D A |
Latest On Holding'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 Holding over the last few years. It is On Holding's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in On Holding's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
|
Enterprise Value Over E B I T D A |
| Timeline |
ONON Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | 518.41 | |
| Geometric Mean | 453.89 | |
| Coefficient Of Variation | 142.47 | |
| Mean Deviation | 561.90 | |
| Median | 939.83 | |
| Standard Deviation | 738.58 | |
| Sample Variance | 545,498 | |
| Range | 2.6K | |
| R-Value | (0.61) | |
| Mean Square Error | 371,900 | |
| R-Squared | 0.37 | |
| Significance | 0.02 | |
| Slope | (100.04) | |
| Total Sum of Squares | 7.6M |
ONON Enterprise Value Over E B I T D A History
About On Holding Financial Statements
On Holding investors utilize fundamental indicators, such as Enterprise Value Over E B I T D A, to predict how ONON 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 Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | 49.70 | 52.18 |
Pair Trading with On Holding
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 Holding 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 Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with ONON Stock
Moving against ONON Stock
| 0.64 | FEBO | Fenbo Holdings | PairCorr |
| 0.62 | EZGO | EZGO Technologies | PairCorr |
| 0.56 | DOOO | BRP Inc | PairCorr |
| 0.32 | HAS | Hasbro Inc | PairCorr |
| 0.31 | SKX | Skechers USA | PairCorr |
The ability to find closely correlated positions to On Holding 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 Holding 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 Holding - 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 Holding to buy it.
The correlation of On Holding 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 Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if On Holding 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 Holding 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.Check out the analysis of On Holding Correlation against competitors. To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Textiles, Apparel & Luxury Goods 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 Holding. If investors know ONON 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 Holding 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 (0.49) | Earnings Share 0.44 | Revenue Per Share 6.706 | Quarterly Revenue Growth 0.323 | Return On Assets 0.0652 |
The market value of On Holding is measured differently than its book value, which is the value of ONON that is recorded on the company's balance sheet. Investors also form their own opinion of On Holding's value that differs from its market value or its book value, called intrinsic value, which is On Holding'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 Holding's market value can be influenced by many factors that don't directly affect On Holding'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 Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if On Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, On Holding'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.