Home Compare ONON vs SN
Stock Comparison · Cheaper and stronger

On Holding vs SharkNinja: Which Stock Looks Stronger in 2026?

SharkNinja holds the cleaner structural position, with valuation as the main driver and profitability adding further support. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-05-17

The lead is spread across valuation and profitability, rather than sitting in one isolated gap. SharkNinja, Inc. leads by 13 points on the overall comparison score.

Trajectory Similarity
0.75
Similar
Peer-set rank: #3
within On Holding AG's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

The strongest overlap appears in investment intensity and recent revenue growth.

Similarity drivers
investment intensityrecent revenue growth
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
ONON
On Holding AG
50
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
SN
SharkNinja, Inc.
63
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing and operating quality both support the lead here.

Dimension spread: ONON vs SN Profitability 62 74 Stability 30 39 Valuation 52 80 Growth 50 45 ONON SN
Gap Ranking
#1 Valuation +28
#2 Profitability +12
#3 Stability +9
#4 Growth +5
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ONON and SN Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ONONSN Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward SharkNinja, Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but SharkNinja, Inc. leads clearly.
Profitability
On profitability, the same pattern holds: both rank well, but SharkNinja, Inc. still sits higher.
Valuation — Dominant Gap
ONON
52
SN
80
Gap+28in favour of SN

The multiple-based pricing edge comes from a trailing P/E that is 17.5 turns lower.

What else supports the lead

Capital efficiency adds support, with a 9.9-point ROIC advantage.

What this means for the comparison

Valuation is the clearest driver, and profitability also supports SharkNinja, Inc.'s broader structural position.

Explore full peer positioning in AssetNext

Break down the ONON vs SN comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-driven comparisons

Explore how ONON and SN each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.