Hoium sees On Holding CEO shuffle as buying opportunity not red flag
Co-founders returning as co-CEOs after 13-year executive Martin Hoffman steps down; company growing ~30% with 63% gross margins and forward P/E of 24.5, trading at only 2.8x EV/sa…
Hoium sees On Holding CEO shuffle as buying opportunity, not red flag
Co-founders returning as co-CEOs could bring founder vision back; company growing ~30% with 63% operating margins and reasonable valuation (24.5x forward P/E, 2.8x EV/Sales) vs Ni…
Nike no longer a growth company, On Holding deserves premium
Nike trading at ~2x sales but no longer a growth company, while On Holding grows ~30% with 63% gross margins and 12.5% operating margins at only 2.8x EV/sales.