On Holding AG Class A risk profile

25 Normal where most of the sector sits

Measured 21 October 2026 from ONON's filed statements. Recomputed nightly.

25 (Normal), driven by Market expectation at 52, over 5 weighted categories on the MANUFACTURER profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation52ElevatedVolatileOne-year price volatility — 49.0%
Operating pressure27NormalStableCosts outgrowing revenue — -4.8 percentage points
Cash conversion25NormalWorseningCapital spending against operating cash — 0.22x
Leverage and coverage8ContainedWorseningCurrent ratio — 2.71x
Competitive position25NormalStableOperating-margin gap against peers — +2.4 percentage points
ConcentrationReads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

Consumer Cyclical companies with a risk reading

Financials, valuation and price history for On Holding AG Class A