Discounted Cash Flow

ON Semiconductor Corp.

ON · Based on 10 years of SEC filings

DCF estimate unavailable — no_upward_trend_net_income_yr1_1009600000.0_gte_yrN_121000000.0_window_5

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $3.9b $182.1m $370.5m 4.7% $0.44
2017 $5.5b (41.9%) $810.7m (345.2%) $706.7m (90.7%) 14.6% (213.8%) $1.92 (336.4%)
2018 $5.9b (6.0%) $627.4m (-22.6%) $759.4m (7.5%) 10.7% (-27.0%) $1.48 (-22.9%)
2019 $5.5b (-6.1%) $211.7m (-66.3%) $160.1m (-78.9%) 3.8% (-64.1%) $0.52 (-64.9%)
2020 $5.3b (-4.8%) $234.2m (10.6%) $500.7m (212.7%) 4.5% (16.2%) $0.57 (9.6%)
2021 $6.7b (28.3%) $1.0b (331.1%) $1.3b (167.1%) 15.0% (236.1%) $2.37 (315.8%)
2022 $8.3b (23.5%) $1.9b (88.4%) $1.6b (21.7%) 22.8% (52.5%) $4.39 (85.2%)
2023 $8.3b (-0.9%) $2.2b (14.8%) $401.9m (-75.3%) 26.5% (15.8%) $5.07 (15.5%)
2024 $7.1b (-14.2%) $1.6b (-28.0%) $1.2b (201.7%) 22.2% (-16.1%) $3.68 (-27.4%)
2025 $6.0b (-15.3%) $121.0m (-92.3%) $121.0m (-90.0%) 2.0% (-90.9%) $0.29 (-92.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

no_upward_trend_net_income_yr1_1009600000.0_gte_yrN_121000000.0_window_5

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.