Is ON Semiconductor Corporation (ON) overvalued? · P/E 36, rev $7.08B
ON Semiconductor Corporation (ON) is a semiconductors company listed on US.
This page asks whether ON Semiconductor Corporation (ON) looks expensive on cached numbers — not a short thesis.
Latest reported ON revenue for 2024-12-31 was $7.08B. Net income was $1.57B. Revenue was down 14.2% from 2023-12-31 to 2024-12-31. ON currently screens at market cap $21.90B and trailing P/E 36.4.
ON currently screens at market cap $21.90B and trailing P/E 36.4. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ON 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ON stock page for the full model, not this heading.
Not investment advice.