COMPARE · Reviewed July 29, 2026
GIL vs ONON
Verdict: Side-by-side breakdown using the Bull Rankings model. GIL scored 66.0, ONON scored 73.1 — ONON leads.
Compare another set
GIL
Gildan Activewear Inc.
66
$51.46 · $9.5B
fundamentals as of
Score gap
7.1
ONON leads
ONON
On Holding AG
73.1
$37.06 · $12.4B
fundamentals as of
The model, pillar by pillar (0–100 each)
GIL
stronger →← stronger
ONON
53
Qualityreturns · margins · balance sheet
71
76
Growthrevenue & earnings expansion
100
71
Valuevaluation vs sector peers
64
ONON is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
GIL
ONON
$500mC
FCF
$388mC
+10.7%B
Rev
+30.0%A
1.49C+
D/E
0.31A-
30.1xC+
P/E
40.7xC
0.50A
PEG
0.73A-
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
GIL
ONON
11% below
Price vs fair valuelower is cheaper
147% above
~12%/yr
Growth the price implies10-yr FCF · lower = less priced in
~40%/yr
-14%
1-yr DCF upside
-68%
+12%
5-yr DCF upside
-59%
+66%
10-yr DCF upside
-45%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
GIL
Why this score
- Raising its dividend
- Diluting shareholders
- Short track record
ONON
Why this score
- Durable high returns
- Diluting shareholders
- Foreign reporter (CHF)
The companies
GILGildan Activewear Inc.
Why now
Apparel Manufacturing · market cap $9.5b. Down 30% from 52-week high of $73.70 — deep drawdown territory. Revenue growing +11%, comfortably above the S&P median. PEG 0.50 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Buy with a mean 1-yr target of $83.13 (implying +62% upside).
Moat
ROE 11% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. FCF converts 125% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Down 30% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Trailing P/E 30x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates.
ONONOn Holding AG
Why now
Footwear & Accessories · market cap $12.4b. Down 29% from 52-week high of $52.20 — deep drawdown territory. Revenue growing +30% — in hypergrowth territory. PEG 0.73 — paying under fair value for the growth rate. 27 sell-side analysts rate this a Buy with a mean 1-yr target of $51.98 (implying +40% upside).
Moat
ROE 12% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. FCF converts 126% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Beta 2.12 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Trailing P/E 41x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.