Premium Under Pressure as Margins Lag
ON Semiconductor trades on margin weakness, not its innovation story. The 16.4% operating margin and 6.2% ROIC keep the stock below peers. For semiconductors, margin trends matter most. Cheap for a reason.
Published by AssetNext · 2026-08-09
| Date | Signal | Peer score | Drawdown | 21d vs sector |
|---|---|---|---|---|
| 2026-08-04 | Profile and price weak | 53 | -39.7% | -22.5% |
| 2026-08-04 | Profile and price weak | 42 | -39.7% | -19.4% |
| 2026-07-22 | Profile and price weak | 43 | -31.1% | -25.5% |
| 2026-07-21 | Profile and price weak | 42 | -32.0% | -20.5% |
| 2026-07-20 | Profile and price weak | 42 | -35.3% | -20.7% |
Break down ON's structural position across all peer dimensions with the interactive app.