Weak across most dimensions. This doesn't mean avoid, but the burden of proof is on the bull case.
Broad-market heuristics · Not a buy/sell signal
Valuation and growth
Valuation
Growth
Above 30x, priced for sustained outperformance
Under 20x cash flow, well covered
Below 2%, essentially flat
Below 2%, essentially flat
Business Quality & Capital Allocation
Shrinking >2%, active buybacks
Contracted >2pp, margin pressure
Net debt/FCF of 0.2x, easily serviceable
Below 8%, may not cover cost of capital
ON Semiconductor (ON) quality: score, margins and returns
ON Semiconductor (ON) scores 37/100 on Intrinsiqq's quality score (a lower-quality business), a weighted blend of 8 metrics each scored 0 to 100, on 12.3% operating margins and 5.5% ROIC. Every metric is computed from SEC filings; this is analysis, not investment advice.
Frequently asked
Is ON Semiconductor (ON) a high-quality business?+
ON Semiconductor scores 37 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which rates it a lower-quality business on these measures. Recent figures include a 12.3% operating margin and a 5.5% return on invested capital. Quality and price are separate questions: even a great business can be a poor investment if you overpay, so read this score alongside the valuation. The metric-by-metric breakdown is on this scorecard.
What does ON Semiconductor's quality score measure?+
Intrinsiqq's quality score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, change in share count, and balance-sheet strength, each computed from ON's SEC filings rather than opinion or sentiment. A higher score means a more durable, capital-efficient business; it is not a buy or sell signal. Open each metric on this page to see exactly where ON Semiconductor scores well and where it falls behind.
What is ON Semiconductor's return on invested capital (ROIC)?+
ON Semiconductor earns about 5.5% on its invested capital, which is modest. ROIC measures how much profit a company generates per dollar put to work; sustained ROIC above its cost of capital is one of the clearest signs of a real competitive moat. Compare it to ON's margins and growth on this scorecard to judge durability.
How profitable is ON Semiconductor?+
ON Semiconductor runs an operating margin of about 12.3% and a net margin of about 10.8%. Revenue has grown at roughly 2.7% a year recently. High, stable margins usually point to pricing power and operating discipline. Margins are most telling next to growth and returns on capital, all of which feed this quality score. This is analysis from SEC filings, not investment advice.
SourceQuality score computed from the 10-Q filed 28 Oct 2026, covering the period ending 2 Oct 2026, as reported to the SEC. Data last refreshed 3 Nov 2026. How this is calculated.
Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically. Checks use broad-market heuristics, so sector norms may differ, and the valuation checks are more cyclical than the quality checks.
Peers
Semiconductors & Related Devices · Pick stocks to compare with ON
Held by ETFs
ON is in 292 US ETFs. The largest of them, with ON's weight in each:
Spot a number that looks wrong? Check it in ON's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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