WallStSmart

On Holding Ltd (ONON)vsSteven Madden Ltd (SHOO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

On Holding Ltd generates 18% more annual revenue ($3.22B vs $2.74B). ONON leads profitability with a 12.3% profit margin vs 5.2%. ONON appears more attractively valued with a PEG of 0.45. ONON earns a higher WallStSmart Score of 70/100 (B).

ONON

Strong Buy

70

out of 100

Grade: B

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

SHOO

Buy

61

out of 100

Grade: C+

Growth: 8.0Profit: 6.0Value: 6.7Quality: 7.0
Piotroski: 3/9Altman Z: 3.60
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ONONUndervalued (+9.8%)

Margin of Safety

+9.8%

Fair Value

$50.24

Current Price

$27.41

$22.83 discount

UndervaluedFair: $50.24Overvalued
SHOOUndervalued (+58.9%)

Margin of Safety

+58.9%

Fair Value

$93.83

Current Price

$42.93

$50.90 discount

UndervaluedFair: $93.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

SHOO3 strengths · Avg: 9.3/10
EPS GrowthGrowth
75.4%10/10

Earnings expanding 75.4% YoY

Altman Z-ScoreHealth
3.6010/10

Safe zone — low bankruptcy risk

Revenue GrowthGrowth
19.1%8/10

19.1% revenue growth

Areas to Watch

ONON0 concerns · Avg: 0/10

No major concerns identified

SHOO3 concerns · Avg: 3.3/10
PEG RatioValuation
2.174/10

Expensive relative to growth rate

Profit MarginProfitability
5.2%3/10

5.2% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : SHOO

The strongest argument for SHOO centers on EPS Growth, Altman Z-Score, Revenue Growth. Revenue growth of 19.1% demonstrates continued momentum.

Bear Case : ONON

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

Bear Case : SHOO

The primary concerns for SHOO are PEG Ratio, Profit Margin, Piotroski F-Score.

Key Dynamics to Monitor

ONON profiles as a value stock while SHOO is a growth play — different risk/reward profiles.

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

SHOO is growing revenue faster at 19.1% — sustainability is the question.

SHOO generates stronger free cash flow (205M), providing more financial flexibility.

Bottom Line

ONON scores higher overall (70/100 vs 61/100) and 13.5% revenue growth. SHOO offers better value entry with a 58.9% 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.

On Holding Ltd

CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES · USA

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

Steven Madden Ltd

CONSUMER CYCLICAL · FOOTWEAR & ACCESSORIES · USA

Steven Madden, Ltd. designs, supplies, markets and sells private label and brand name footwear for women, men and children in the United States and internationally. The company is headquartered in Long Island City, New York.

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