On Semiconductor Corp
—- Market cap
- —
- Debt
- +$900.00K
- Cash
- −$2.15B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ON stock price vs NVDA: inconclusive — current versus $11.04 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at NVDA's multiple
Implied fair value · at ON's multiple
Needs ON P/E.
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Nine period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 100% equity / 0% debt · EV / Revenue 20.80x · EV proxy / EBITDA proxy 33.72x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ON SEMICONDUCTOR CORP · implied price per share
Bear
$39.37
Base
$45.25
Bull
$52.90
NVIDIA CORP · implied price per share
Bear
$43.09
Base
$52.57
Bull
$59.95
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe ON can rapidly reaccelerate growth and expand margins toward NVDA-like levels, then you could justify holding; otherwise, the data favor reducing exposure because ON trades at 279.2x earnings while revenue is down 15.3% and operating margin is only 1.4%.
ON’s implied price of $11.04 versus its current $80.96 suggests an 86.4% downside under the P/E-based comparison, while the DCF range of $11.80-$15.96 reinforces that gap. Even though ON trades near the upper end of its historical band, NVDA framework still implies it is far richer than the valuation support provided by fundamentals.
Supporting Metrics