ON SEMICONDUCTOR CORP (ON)
Semiconductors & Related Devices
Latest Price
$71.65
TTM P/E
--
Normalized P/E
23.17
Div Yield
--
Book Value
18.41
P/B Ratio
3.89
Valuation metrics
adjust assumptions →EPS: $0.29
Book value / share: $19.34
Formula: √(22.5 × EPS × BVPS)
Graham Number
$11.23
84% downside
Norm. op. income: $1.3B (median of 7yr)
Tax rate: 14%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$26.80
63% downside
Base FCF: $1.3B (median of recent 5yr)
Growth: 23%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$221.92
+210% upside
EPS: $0.29
Target P/E: 23×
Formula: EPS × P/E
P/E Fair Value
$6.67
91% downside
Institutional Ownership
100.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| FMR LLC | 56.68M | $5.36B | 14.56% | -1.48M | 2026-06-30 |
| BlackRock, Inc. | 40.98M | $3.87B | 10.53% | +1.07M | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 25.62M | $2.42B | 6.58% | -16.8K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 19.64M | $1.86B | 5.04% | -423.2K | 2026-06-30 |
| STATE STREET CORP | 18.56M | $1.75B | 4.77% | +249.7K | 2026-06-30 |
| Jupiter Topco LLC | 13.43M | $1.27B | 3.45% | -- | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 10.84M | $1.02B | 2.78% | +72.7K | 2026-06-30 |
| JPMORGAN CHASE & CO | 10.13M | $897.0M | 2.60% | +2.38M | 2026-06-30 |
| JANE STREET GROUP, LLC | 9.96M | $941.0M | 2.56% | +7.05M | 2026-06-30 |
| GOLDMAN SACHS GROUP INC | 8.01M | $757.0M | 2.06% | +1.30M | 2026-06-30 |