WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Floor & Decor Holdings Inc generates 46% more annual revenue ($4.71B vs $3.22B). ONON leads profitability with a 12.3% profit margin vs 4.9%. ONON appears more attractively valued with a PEG of 0.45. ONON earns a higher WallStSmart Score of 70/100 (B).

FND

Buy

53

out of 100

Grade: C-

Growth: 6.0Profit: 5.0Value: 6.0Quality: 6.0
Piotroski: 4/9Altman Z: 2.05

ONON

Strong Buy

70

out of 100

Grade: B

Growth: 8.7Profit: 7.0Value: 7.3Quality: 8.0
Piotroski: 5/9Altman Z: 2.80
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FNDUndervalued (+15.1%)

Margin of Safety

+15.1%

Fair Value

$81.23

Current Price

$47.34

$33.89 discount

UndervaluedFair: $81.23Overvalued
ONONUndervalued (+9.8%)

Margin of Safety

+9.8%

Fair Value

$50.24

Current Price

$27.41

$22.83 discount

UndervaluedFair: $50.24Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FND2 strengths · Avg: 9.0/10
EPS GrowthGrowth
53.4%10/10

Earnings expanding 53.4% YoY

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

ONON4 strengths · Avg: 9.5/10
PEG RatioValuation
0.4510/10

Growing faster than its price suggests

EPS GrowthGrowth
81.1%10/10

Earnings expanding 81.1% YoY

Return on EquityProfitability
20.8%9/10

Every $100 of equity generates 21 in profit

Debt/EquityHealth
0.299/10

Conservative balance sheet, low leverage

Areas to Watch

FND3 concerns · Avg: 3.7/10
PEG RatioValuation
2.204/10

Expensive relative to growth rate

Revenue GrowthGrowth
3.0%4/10

3.0% revenue growth

Profit MarginProfitability
4.9%3/10

4.9% margin — thin

ONON0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : FND

The strongest argument for FND centers on EPS Growth, Price/Book.

Bull Case : ONON

The strongest argument for ONON centers on PEG Ratio, EPS Growth, Return on Equity. Revenue growth of 13.5% demonstrates continued momentum. PEG of 0.45 suggests the stock is reasonably priced for its growth.

Bear Case : FND

The primary concerns for FND are PEG Ratio, Revenue Growth, Profit Margin. Thin 4.9% margins leave little buffer for downturns.

Bear Case : ONON

No major red flags identified for ONON, but monitor valuation.

Key Dynamics to Monitor

ONON carries more volatility with a beta of 2.08 — expect wider price swings.

ONON is growing revenue faster at 13.5% — sustainability is the question.

ONON generates stronger free cash flow (201M), providing more financial flexibility.

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

Bottom Line

ONON scores higher overall (70/100 vs 53/100) and 13.5% revenue growth. FND offers better value entry with a 15.1% margin of safety. Both earn "Strong Buy" and "Buy" 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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