WallStSmart

Floor & Decor Holdings Inc (FND)vsOn Holding Ltd (ONON)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Floor & Decor Holdings Inc generates 50% more annual revenue ($4.68B vs $3.12B). ONON leads profitability with a 8.0% profit margin vs 4.3%. ONON appears more attractively valued with a PEG of 0.72. ONON earns a higher WallStSmart Score of 65/100 (B-).

FND

Hold

40

out of 100

Grade: D

Growth: 2.7Profit: 4.5Value: 6.0Quality: 5.5
Piotroski: 3/9Altman Z: 2.05

ONON

Strong Buy

65

out of 100

Grade: B-

Growth: 8.7Profit: 6.5Value: 4.7Quality: 7.5
Piotroski: 5/9Altman Z: 2.96
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FNDUndervalued (+15.3%)

Margin of Safety

+15.3%

Fair Value

$81.36

Current Price

$47.41

$33.95 discount

UndervaluedFair: $81.36Overvalued
ONONSignificantly Overvalued (-25.6%)

Margin of Safety

-25.6%

Fair Value

$36.05

Current Price

$37.08

$1.03 premium

UndervaluedFair: $36.05Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FND1 strengths · Avg: 8.0/10
Price/BookValuation
2.1x8/10

Reasonable price relative to book value

ONON2 strengths · Avg: 9.0/10
EPS GrowthGrowth
81.1%10/10

Earnings expanding 81.1% YoY

PEG RatioValuation
0.728/10

Growing faster than its price suggests

Areas to Watch

FND4 concerns · Avg: 3.5/10
PEG RatioValuation
2.204/10

Expensive relative to growth rate

P/E RatioValuation
29.0x4/10

Moderate valuation

Profit MarginProfitability
4.3%3/10

4.3% margin — thin

Operating MarginProfitability
4.5%3/10

Operating margin of 4.5%

ONON1 concerns · Avg: 2.0/10
P/E RatioValuation
40.6x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : FND

The strongest argument for FND centers on Price/Book.

Bull Case : ONON

The strongest argument for ONON centers on EPS Growth, PEG Ratio. Revenue growth of 14.5% demonstrates continued momentum. PEG of 0.72 suggests the stock is reasonably priced for its growth.

Bear Case : FND

The primary concerns for FND are PEG Ratio, P/E Ratio, Profit Margin. Thin 4.3% margins leave little buffer for downturns.

Bear Case : ONON

The primary concerns for ONON are P/E Ratio. A P/E of 40.6x leaves little room for execution misses.

Key Dynamics to Monitor

ONON carries more volatility with a beta of 2.10 — expect wider price swings.

ONON is growing revenue faster at 14.5% — sustainability is the question.

FND generates stronger free cash flow (46M), providing more financial flexibility.

Monitor HOME IMPROVEMENT RETAIL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ONON scores higher overall (65/100 vs 40/100) and 14.5% revenue growth. FND offers better value entry with a 15.3% margin of safety. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Floor & Decor Holdings Inc

CONSUMER CYCLICAL · HOME IMPROVEMENT RETAIL · USA

Floor & Decor Holdings, Inc. is a multi-channel specialty retailer of hard surface flooring and related accessories. The company is headquartered in Atlanta, Georgia.

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On Holding Ltd

CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES · USA

On Holding AG develops and distributes sports products worldwide. The company is headquartered in Zurich, Switzerland.

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