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Stock Comparison · Valuation-led comparison

The Estée Lauder Companies vs ON Semiconductor: Which Stock Looks Stronger in 2026?

The structural profiles are close, with ON Semiconductor carrying a narrow edge on valuation. The Estée Lauder Companies still has the edge on valuation, which keeps the comparison from looking entirely one-sided. On the market side, ON Semiconductor is in better shape — its trend is intact while The Estée Lauder Companies's trend has broken down. That puts structure and market broadly in agreement — ON Semiconductor's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-07-05

On valuation, the clearer edge sits with The Estée Lauder Companies Inc., while the overall score remains tighter and points the other way.

Trajectory Similarity
0.67
Moderately similar
Peer-set rank: #83
within The Estée Lauder Companies Inc.'s functional peer set

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

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

Most of the shared profile comes through capital structure and revenue growth trajectory.

Similarity drivers
capital structurerevenue growth trajectory
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
EL
The Estée Lauder Companies Inc.
40
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
ON
ON Semiconductor Corporation
41
Peer-Score
Signal qualitylow
Peer basis: S&P 500

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

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: EL vs ON Profitability 31 53 Stability 17 23 Valuation 65 35 Growth 41 50 EL ON
Gap Ranking
#1 Valuation +30
#2 Profitability +22
#3 Growth +9
#4 Stability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for EL and ON Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ELON Relative valuation Structural strength

The setup is mixed: neither company clearly combines the stronger profile with the more supportive price setup.

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where EL and ON each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY EL Lower · above norm 0th 50th 100th 73 pct gap ON Elevated · above norm 0th 50th 100th 18th 92nd
Today EL sits in the lower portion of its own 5-year history (18th percentile), while ON sits higher in its own history (92nd). Within each stock's own 5-year context, EL is at a historically more favourable entry position than ON. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
The Estée Lauder Companies Inc. ranks near the top of the group on valuation; ON Semiconductor Corporation sits in the weaker half.
Profitability
On profitability, ON Semiconductor Corporation is positioned higher in the group, while The Estée Lauder Companies Inc. is closer to the middle.
Valuation — Dominant Gap
EL
65
ON
35
Gap+30in favour of EL

The multiple-based pricing edge comes from a forward P/E that is 5.1 turns lower.

What keeps the gap from being one-sided

The Estée Lauder Companies Inc. still looks less cycle-sensitive — that keeps the result from looking completely one-sided.

What this means for the comparison

Valuation points one way, even though the overall score still points the other way.

Explore full peer positioning in AssetNext

Break down the EL vs ON comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how EL and ON 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.