COMPARE · Data as of August 24, 2026
ONON vs RL
Verdict: Side-by-side breakdown using the Bull Rankings model. ONON scored 74.9, RL scored 58.7 — ONON leads.
Compare another set
Different reporting periods. RL's fundamentals are as of June 2026, but ONON's are as of December 2025 — a 6-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
ONON
On Holding AG
74.9
$30.02 · $10.0B
fundamentals as of
Score gap
16.2
ONON leads
RL
Ralph Lauren Corporation
58.7
$370.82 · $22.1B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestONON20.3x
- Fastest growthONON+30.0%
- Strongest balance sheetONON0.29
- Highest qualityRL83 / 100
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
ONON
stronger →← stronger
RL
71
Qualityreturns · margins · balance sheet
83
96
Growthrevenue & earnings expansion
89
72
Valuevaluation vs sector peers
28
ONON is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
ONON
RL
$396mC
FCF
$1.1bC+
+30.0%A
Rev
+14.7%B+
0.29A-
D/E
1.10B
20.3xB
P/E
23.5xC+
0.59A-
PEG
2.00C+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
ONON
RL
112% above
Price vs fair valuelower is cheaper
49% above
~33%/yr
Growth the price implies10-yr FCF · lower = less priced in
~18%/yr
-61%
1-yr DCF upside
-39%
-53%
5-yr DCF upside
-33%
-39%
10-yr DCF upside
-23%
These two disagree on this pair: the Value pillar ranks cheapness against sector peers, while price-vs-fair-value is an absolute read. A name can be the better value in its sector and still the dearer one on cash flows.
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
ONON
Why this score
- Durable high returns
- Diluting shareholders
- Foreign reporter (CHF)
RL
Why this score
- Buying back stock
- Raising its dividend
- Durable high returns
The companies
ONONOn Holding AG
Why now
Footwear & Accessories · market cap $10.0b. Down 41% from 52-week high of $51.08 — deep drawdown territory. Revenue growing +30% — in hypergrowth territory. PEG 0.59 — paying under fair value for the growth rate. 27 sell-side analysts rate this a Buy with a mean 1-yr target of $45.56 (implying +52% upside).
Moat
ROE 12% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere.
Risk
Down 41% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. 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.
RLRalph Lauren Corporation
Why now
Apparel Manufacturing · market cap $22.1b. 12% off the 52-week high of $421.60. Revenue growing +15%, comfortably above the S&P median. 17 sell-side analysts rate this a Buy with a mean 1-yr target of $446.71 (implying +20% upside).
Moat
ROE 36% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 112% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Mature compounder — the risk is paying up for quality at a moment when growth is decelerating. Watch for sequential revenue + margin trends; the inflection from "compounder" to "ex-compounder" is hard to spot until the multiple already started compressing.
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.
Where ONON and RL diverge
On the headline score the gap is 16.2 points in favor of ONON. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- ValueONON 72.2 · RL 27.6ONON +44.6
- QualityONON 71.0 · RL 82.5RL +11.5
- GrowthONON 95.8 · RL 88.8ONON +7.0
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.