ON SEMICONDUCTOR Current Valuation vs. EBITDA
| XS4 Stock | 66.45 0.42 0.63% |
For ON SEMICONDUCTOR profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ON SEMICONDUCTOR to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ON SEMICONDUCTOR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ON SEMICONDUCTOR's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ON SEMICONDUCTOR over time as well as its relative position and ranking within its peers.
XS4 |
ON SEMICONDUCTOR EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ON SEMICONDUCTOR's current stock value. Our valuation model uses many indicators to compare ON SEMICONDUCTOR value to that of its competitors to determine the firm's financial worth. ON SEMICONDUCTOR is rated first in current valuation category among its peers. It is rated third in ebitda category among its peers totaling about 0.10 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for ON SEMICONDUCTOR is roughly 9.84 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ON SEMICONDUCTOR's earnings, one of the primary drivers of an investment's value.XS4 Current Valuation vs. Competition
ON SEMICONDUCTOR is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is at this time estimated at about 57.26 Billion. ON SEMICONDUCTOR totals roughly 29.61 Billion in current valuation claiming about 52% of all equities under Other industry.
XS4 EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
ON SEMICONDUCTOR |
| = | 29.61 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
ON SEMICONDUCTOR |
| = | 3.01 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
XS4 EBITDA Comparison
ON SEMICONDUCTOR is currently under evaluation in ebitda category among its peers.
XS4 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ON SEMICONDUCTOR. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ON SEMICONDUCTOR position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ON SEMICONDUCTOR's important profitability drivers and their relationship over time.
Use ON SEMICONDUCTOR in pair-trading
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.ON SEMICONDUCTOR Pair Trading
ON SEMICONDUCTOR Pair Trading Analysis
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.Use Investing Themes to Complement your ON SEMICONDUCTOR position
In addition to having ON SEMICONDUCTOR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Broad Commodities ETFs Thematic Idea Now
Broad Commodities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Commodities ETFs theme has 26 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Commodities ETFs Theme or any other thematic opportunities.
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Additional Tools for XS4 Stock Analysis
When running ON SEMICONDUCTOR's price analysis, check to measure ON SEMICONDUCTOR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ON SEMICONDUCTOR is operating at the current time. Most of ON SEMICONDUCTOR's value examination focuses on studying past and present price action to predict the probability of ON SEMICONDUCTOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ON SEMICONDUCTOR's price. Additionally, you may evaluate how the addition of ON SEMICONDUCTOR to your portfolios can decrease your overall portfolio volatility.