WallStSmart

Fossil Group Inc (FOSL)vsOn Holding Ltd (ONON)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

On Holding Ltd generates 213% more annual revenue ($3.12B vs $995.91M). ONON leads profitability with a 8.0% profit margin vs -6.2%. ONON appears more attractively valued with a PEG of 0.72. ONON earns a higher WallStSmart Score of 65/100 (B-).

FOSL

Hold

38

out of 100

Grade: F

Growth: 2.0Profit: 3.5Value: 7.0Quality: 4.5
Piotroski: 3/9Altman Z: 1.61

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

FOSLUndervalued (+73.6%)

Margin of Safety

+73.6%

Fair Value

$14.84

Current Price

$4.01

$10.83 discount

UndervaluedFair: $14.84Overvalued
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

FOSL1 strengths · Avg: 8.0/10
Price/BookValuation
2.8x8/10

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

FOSL4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.614/10

Distress zone — elevated risk

Market CapQuality
$234.04M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-58.3%2/10

ROE of -58.3% — below average capital efficiency

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 : FOSL

The strongest argument for FOSL centers on Price/Book. PEG of 1.23 suggests the stock is reasonably priced for its growth.

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 : FOSL

The primary concerns for FOSL are Altman Z-Score, Market Cap, Piotroski F-Score. Debt-to-equity of 3.49 is elevated, increasing financial risk.

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

FOSL profiles as a turnaround stock while ONON is a value play — different risk/reward profiles.

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.

ONON generates stronger free cash flow (7M), providing more financial flexibility.

Bottom Line

ONON scores higher overall (65/100 vs 38/100) and 14.5% revenue growth. FOSL offers better value entry with a 73.6% 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.

Fossil Group Inc

CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES · USA

Fossil Group, Inc. designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company is headquartered in Richardson, Texas.

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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