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ONON Semiconductor

What Is ON Fair Value?

ON Semiconductor (ON) fair value estimate using multiple valuation models, updated daily.

As of July 16, 2026, ON Semiconductor (ON) has a composite fair value estimate of $92.63 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $92.54, suggesting the stock is fair value by 0.1%.

Data as of July 16, 2026 (today)

Composite Fair Value

Fair Value3 of 4 models

$92.63

vs. current price of $92.54(+0.1%)

Undervalued$92.63Overvalued
$92.54

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% weight

Estimates 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 →

$101.21

+9.4%

Fair Value

Inputs used

FCF: 1.3BGrowth: 25.0%Discount: 15%

DDM (Dividend Discount Model)

0% weight

If 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% weight

Created 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 →

$36.16

-60.9%

Overvalued

Inputs used

EPS: $3.12Book Value: $18.63

PEG (Price/Earnings to Growth)

29% weight

Checks 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.

$112.09

+21.1%

Undervalued

Inputs used

EPS: $3.12Growth: 36.0%

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

$101.21Fair Value

Current price $92.54 is 9.4% below this estimate

CheapFair ValueExpensive
25.0%
0.0%30.0%
14.6%
6.0%15.0%
2.5%
1.0%4.0%
15.0%
0.0%50.0%
View 10-year cash flow projections
YearProjected FCF (Free Cash Flow)Present Value
Year 1$1.60B$1.40B
Year 2$2.00B$1.53B
Year 3$2.50B$1.66B
Year 4$3.13B$1.81B
Year 5$3.91B$1.98B
Year 6$4.89B$2.16B
Year 7$6.11B$2.35B
Year 8$7.64B$2.57B
Year 9$9.55B$2.80B
Year 10$11.94B$3.05B
Terminal Value$101.11B$25.87B

What Are ON's Key Financial Metrics?

Earnings & Growth

Current Price

$92.54

EPS (TTM)

$1.34

Forward P/E

21.3

Profit Margin

9.5%

Cash & Balance Sheet

Free Cash Flow

1.3B

EBITDA

2B

Book Value

$18.63

Total Debt

3.2B

What Do Analysts Say About ON?

Low

$85.00

Average

$113.52

High

$150.00

Upside

+22.7%

Current $92.54Avg Target $113.52Buy25 analysts

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 $92.63. The stock is currently trading at $92.54, which makes it fair value 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 fair value. The current price of $92.54 is 0.1% below our estimated fair value of $92.63.

What do Wall Street analysts say about ON?

25 analysts cover ON Semiconductor with a consensus rating of "Buy." The average price target is $113.52, ranging from $85.00 to $150.00. This implies 22.7% upside from the current price.