ICON vs On Which Is More Profitable?
ICON and On stocks are two popular investment options that attract both experienced and novice investors alike. ICON, also known as ICX, is a blockchain platform that aims to connect different cryptocurrencies and facilitate seamless transactions. On the other hand, On stocks provides individuals with the opportunity to invest in traditional stocks of established companies. Both options come with their own set of risks and potential rewards, making it essential for investors to carefully evaluate their choices before making any investments.
ICON or On?
When comparing ICON and On, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between ICON and On.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
ICON has a dividend yield of -%, while On has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ICON reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, On reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with ICON P/E ratio at 23.50 and On's P/E ratio at 96.36. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ICON P/B ratio is 1.80 while On's P/B ratio is 12.16.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ICON has seen a 5-year revenue growth of 1.06%, while On's is 5.03%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ICON's ROE at 7.87% and On's ROE at 13.56%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $210.84 for ICON and $52.03 for On. Over the past year, ICON's prices ranged from $208.65 to $347.72, with a yearly change of 66.65%. On's prices fluctuated between $24.15 and $53.72, with a yearly change of 122.44%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.