What Is ON Fair Value?
ON Semiconductor (ON) fair value estimate using multiple valuation models, updated daily.
As of August 29, 2026, ON Semiconductor (ON) has a composite fair value estimate of $116.42 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $72.61, suggesting the stock is undervalued by 60.3%.
Data as of August 29, 2026 (today)
Composite Fair Value
Undervalued3 of 4 models$116.42
vs. current price of $72.61(+60.3%)
How Is ON Fair Value Calculated?
Four independent models estimate what ON is worth. Each uses different inputs and assumptions. The composite blends them by weight.
ON Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
41% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$142.60
+96.4%Undervalued
Inputs used
DDM (Dividend Discount Model)
0% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
N/A
This stock does not pay a dividend, so the DDM cannot be applied. The composite adjusts by redistributing this weight to the other models.
ON Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
29% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$36.55
-49.7%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
29% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$124.38
+71.3%Undervalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $72.61 is 96.4% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $2.07B | $1.82B |
| Year 2 | $2.59B | $1.99B |
| Year 3 | $3.24B | $2.19B |
| Year 4 | $4.04B | $2.40B |
| Year 5 | $5.06B | $2.63B |
| Year 6 | $6.32B | $2.89B |
| Year 7 | $7.90B | $3.17B |
| Year 8 | $9.87B | $3.48B |
| Year 9 | $12.34B | $3.82B |
| Year 10 | $15.43B | $4.19B |
| Terminal Value | $138.41B | $37.58B |
What Are ON's Key Financial Metrics?
Earnings & Growth
Current Price
$72.61
EPS (TTM)
$1.49
Forward P/E
16.0
Profit Margin
10.2%
Cash & Balance Sheet
Free Cash Flow
1.7B
EBITDA
2.1B
Book Value
$18.54
Total Debt
4.7B
What Do Analysts Say About ON?
Low
$85.00
Average
$107.68
High
$150.00
Upside
+48.3%
ON Fair Value FAQ
What is the fair value of ON?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), ON's estimated fair value is $116.42. The stock is currently trading at $72.61, which makes it undervalued by our analysis.
How is ON's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is ON overvalued or undervalued?
Based on our analysis, ON is undervalued. The current price of $72.61 is 60.3% below our estimated fair value of $116.42.
What do Wall Street analysts say about ON?
25 analysts cover ON Semiconductor with a consensus rating of "Buy." The average price target is $107.68, ranging from $85.00 to $150.00. This implies 48.3% upside from the current price.