ON Semiconductor
Market Cap
US$8.3b
Last Updated
2019/09/15 23:43 UTC
Data Sources
Company Financials +
Executive Summary
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide.
Snowflake
Fundamentals
Very undervalued with moderate growth potential.
Similar Companies
Share Price & News
How has ON Semiconductor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
8.3%
NasdaqGS:ON
2.0%
US Semiconductor
1.3%
US Market
1 Year Return
1.3%
NasdaqGS:ON
11.1%
US Semiconductor
2.0%
US Market
ON underperformed the Semiconductor industry which returned 10.9% over the past year.
ON matched the United States of America Market (1.7%) over the past year.
Share holder returns
| ON | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.3% | 2.0% | 1.3% |
| 30 Day | 14.7% | 8.4% | 3.9% |
| 90 Day | 7.0% | 16.8% | 3.4% |
| 1 Year | 1.3%1.3% | 13.2%11.1% | 4.2%2.0% |
| 3 Year | 77.9%77.9% | 84.0%73.2% | 47.2%37.6% |
| 5 Year | 105.7%105.7% | 123.1%100.5% | 60.5%42.9% |
Price Volatility Vs. Market
How volatile is ON Semiconductor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is ON Semiconductor Corporation (NASDAQ:ON) Undervalued After Accounting For Its Future Growth?2 weeks ago | Simply Wall St
Does ON Semiconductor Corporation's (NASDAQ:ON) CEO Salary Reflect Performance?1 month ago | Simply Wall St
Should You Care About ON Semiconductor Corporation’s (NASDAQ:ON) Investment Potential?Valuation
Is ON Semiconductor undervalued based on future cash flows and its price relative to the stock market?
45%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
ON Semiconductor's share price is below the future cash flow value, and at a moderate discount (> 20%).
ON Semiconductor's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
ON Semiconductor is good value based on earnings compared to the US Semiconductor industry average.
ON Semiconductor is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
ON Semiconductor is good value based on expected growth next year.
Price Based on Value of Assets
ON Semiconductor is good value based on assets compared to the US Semiconductor industry average.
Next Steps
Future Growth
How is ON Semiconductor expected to perform in the next 1 to 3 years based on estimates from 22 analysts?
26.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
ON Semiconductor's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
ON Semiconductor's earnings are expected to grow significantly at over 20% yearly.
ON Semiconductor's revenue growth is positive but not above the United States of America market average.
ON Semiconductor's earnings growth is expected to exceed the United States of America market average.
ON Semiconductor's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
ON Semiconductor is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has ON Semiconductor performed over the past 5 years?
36.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
ON Semiconductor has delivered over 20% year on year earnings growth in the past 5 years.
ON Semiconductor's 1-year earnings growth is negative, it can't be compared to the 5-year average.
ON Semiconductor's 1-year earnings growth is negative, it can't be compared to the US Semiconductor industry average.
Return on Equity
ON Semiconductor has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
ON Semiconductor used its assets more efficiently than the US Semiconductor industry average last year based on Return on Assets.
Return on Capital Employed
ON Semiconductor has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is ON Semiconductor's financial position?
Financial Position Analysis
ON Semiconductor is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
ON Semiconductor's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
ON Semiconductor's level of debt (110.9%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (55.5% vs 110.9% today).
Debt is well covered by operating cash flow (31.2%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 6.7x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.8x debt.
Next Steps
Dividend
What is ON Semiconductor's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate ON Semiconductor's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate ON Semiconductor's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as ON Semiconductor has not reported any payouts.
Unable to verify if ON Semiconductor's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as ON Semiconductor has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of ON Semiconductor's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of ON Semiconductor's salary, the management and board of directors tenure and is there insider trading?
7.8yrs
Average management tenure
CEO
Keith Jackson (64yo)
16.8yrs
Tenure
US$11,893,401
Compensation
Mr. Keith D. Jackson has been President of Fairchild Semiconductor International Inc. since December 19, 2016. Mr. Jackson has been President of California Micro Devices Corporation since January 2010. He  ...
CEO Compensation Analysis
Keith's remuneration is higher than average for companies of similar size in United States of America.
Keith's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
7.8yrs
Average Tenure
61yo
Average Age
The average tenure for the ON Semiconductor management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
8.0yrs
Average Tenure
63yo
Average Age
The tenure for the ON Semiconductor board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Shares | 3,000 |
| Max Price | US$19.81 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 3,731 |
| Max Price | US$18.96 |
| Entity | Individual |
| Role | Chief Accounting Officer Chief Accounting Officer and Vice President of Finance & Treasury |
| Shares | 3,069 |
| Max Price | US$23.04 |
| Entity | Individual |
| Role | Chief Legal Officer Chief Compliance & Ethics Officer |
| Shares | 15,000 |
| Max Price | US$22.84 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 2,000 |
| Max Price | US$17.10 |
| Entity | Individual |
| Role | Chief Accounting Officer Chief Accounting Officer and Vice President of Finance & Treasury |
| Shares | 920 |
| Max Price | US$17.37 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,000 |
| Max Price | US$18.01 |
Ownership Breakdown
Management Team
Keith Jackson (64yo)
CEO, President & Director
- Tenure: 16.8yrs
- Compensation: US$11.89m
William Schromm (61yo)
COO & Executive VP
- Tenure: 5.1yrs
- Compensation: US$4.44m
Sonny Cave (61yo)
Chief Compliance & Ethics Officer
- Tenure: 20.1yrs
- Compensation: US$1.70m
Jim Kearns
Vice President of Marketing & Business Development
- Tenure: 16.3yrs
Hans Stork (65yo)
CTO & Senior VP
- Tenure: 8.6yrs
Paul Rolls (56yo)
Executive Vice President of Sales & Marketing
- Tenure: 6.2yrs
- Compensation: US$3.12m
Bernie Colpitts (44yo)
Chief Accounting Officer and Vice President of Finance & Treasury
- Tenure: 2.6yrs
Bernard Gutmann (59yo)
CFO, Executive VP & Treasurer
- Tenure: 7yrs
- Compensation: US$3.96m
Parag Agarwal
Vice President of Investor Relations
- Tenure: 0yrs
Tobin Cookman
Senior Vice President of Human Resources
- Tenure: 0yrs
Board Members
Manny Hernandez (63yo)
Independent Director
- Tenure: 16.8yrs
- Compensation: US$312.52k
Keith Jackson (64yo)
CEO, President & Director
- Tenure: 16.8yrs
- Compensation: US$11.89m
Curt Crawford (71yo)
Independent Director
- Tenure: 20yrs
- Compensation: US$285.02k
Atsushi Abe (65yo)
Independent Director
- Tenure: 8.6yrs
- Compensation: US$312.52k
Gilles Delfassy (63yo)
Director
- Tenure: 4.1yrs
- Compensation: US$310.02k
Alan Campbell (61yo)
Chair of the Board
- Tenure: 2.3yrs
- Compensation: US$405.02k
Teresa Ressel (56yo)
Independent Director
- Tenure: 7.5yrs
- Compensation: US$315.02k
Paul Mascarenas (58yo)
Director
- Tenure: 4.8yrs
- Compensation: US$300.02k
Daryl Ostrander (70yo)
Independent Director
- Tenure: 10.6yrs
- Compensation: US$297.52k
Christine Yan (53yo)
Independent Director
- Tenure: 0.9yrs
- Compensation: US$153.98k
Company Information
ON Semiconductor Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ON Semiconductor Corporation
- Ticker: ON
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$8.259b
- Shares outstanding: 410.48m
- Website: https://www.onsemi.com
Number of Employees
Location
- ON Semiconductor Corporation
- 5005 East McDowell Road
- Phoenix
- Arizona
- 85008
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ON | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Apr 2000 |
| XS4 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 2000 |
| 0KC4 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Apr 2000 |
| ON * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Apr 2000 |
Biography
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. The company operates in three segments: Power Solutions Group, Analog Solutions Group, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/15 23:43 |
| End of Day Share Price | 2019/09/13 00:00 |
| Earnings | 2019/06/28 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.