What Is ON Fair Value?
ON Semiconductor (ON) fair value estimate using multiple valuation models, updated daily.
As of October 14, 2026, ON Semiconductor (ON) has a composite fair value estimate of $114.33 based on four valuation models: DCF (41% weight), Graham Number (29% weight), PEG (29% weight), and DDM (0% weight). The current market price is $76.69, suggesting the stock is undervalued by 49.1%.
Data as of October 14, 2026 (today)
Composite Fair Value
Undervalued3 of 4 models$114.33
vs. current price of $76.69(+49.1%)
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 →
$138.30
+80.3%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
-52.3%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.
$124.39
+62.2%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 $76.69 is 80.3% below this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $2.07B | $1.81B |
| Year 2 | $2.59B | $1.99B |
| Year 3 | $3.24B | $2.17B |
| Year 4 | $4.04B | $2.38B |
| Year 5 | $5.06B | $2.61B |
| Year 6 | $6.32B | $2.85B |
| Year 7 | $7.90B | $3.12B |
| Year 8 | $9.87B | $3.42B |
| Year 9 | $12.34B | $3.74B |
| Year 10 | $15.43B | $4.10B |
| Terminal Value | $135.47B | $35.99B |
What Are ON's Key Financial Metrics?
Earnings & Growth
Current Price
$76.69
EPS (TTM)
$1.55
Forward P/E
16.9
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
$75.00
Average
$104.46
High
$150.00
Upside
+36.2%
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 $114.33. The stock is currently trading at $76.69, 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 $76.69 is 49.1% below our estimated fair value of $114.33.
What do Wall Street analysts say about ON?
26 analysts cover ON Semiconductor with a consensus rating of "Buy." The average price target is $104.46, ranging from $75.00 to $150.00. This implies 36.2% upside from the current price.