Discounted for Cyclical Weakness, Not Sector Quality
ON Semiconductor trades at a discount because margins and capital returns lag peers. ROIC at 6.2% and a 14.1% margin point to ongoing weakness. In semiconductors, that gap matters. Until the numbers turn, this is no sector leader.
Published by AssetNext · 2026-06-27
| Date | Signal | Peer score | Drawdown | 21d vs sector |
|---|---|---|---|---|
| 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% |
| 2026-07-13 | Profile and price weak | 41 | -32.5% | -19.9% |
| 2026-07-13 | Profile and price weak | 42 | -32.5% | -23.2% |
| 2026-07-10 | Profile and price weak | 42 | -28.4% | -13.7% |
| 2026-07-07 | Profile and price weak | 42 | -32.0% | -24.3% |
| 2026-07-06 | Profile and price weak | 42 | -29.3% | -24.0% |
| 2026-07-01 | Profile and price weak | 42 | -29.3% | -19.5% |
| 2026-06-26 | Profile and price weak | 40 | -32.3% | -26.8% |
Break down ON's structural position across all peer dimensions with the interactive app.