ON24 Inc
NYSE:ONTF

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ON24 Inc
NYSE:ONTF
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Price: 8.1 USD 0.12%
Market Cap: $348.2m

P/S

2.5
Current
44%
More Expensive
vs 3-y average of 1.7

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.5
=
Market Cap
$345m
/
Revenue
$139.3m

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.5
=
Market Cap
$345m
/
Revenue
$139.3m

Valuation Scenarios

ON24 Inc is trading above its 3-year average

If P/S returns to its 3-Year Average (1.7), the stock would be worth $5.62 (31% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-31%
Maximum Upside
+68%
Average Upside
3%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.5 $8.1
0%
3-Year Average 1.7 $5.62
-31%
5-Year Average 1.9 $6.22
-23%
Industry Average 4.2 $13.63
+68%
Country Average 2.4 $7.97
-2%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
$345m
/
Jan 2026
$139.3m
=
2.5
Current
$345m
/
Dec 2026
$136.7m
=
2.5
Forward
$345m
/
Dec 2027
$138.8m
=
2.5
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
US
ON24 Inc
NYSE:ONTF
345m USD 2.5 -12
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
328.8B USD 73.3 201.9
DE
SAP SE
XETRA:SAP
170.3B EUR 4.6 23.7
US
Salesforce Inc
NYSE:CRM
169.8B USD 4 22
US
Applovin Corp
NASDAQ:APP
150B USD 26.9 44.3
US
Intuit Inc
NASDAQ:INTU
109.6B USD 5.3 24.6
US
Adobe Inc
NASDAQ:ADBE
98.9B USD 4 13.6
US
Synopsys Inc
NASDAQ:SNPS
92.1B USD 11.5 83.5
US
NCR Corp
LSE:0K45
92B USD 34.2 2 191
US
Cadence Design Systems Inc
NASDAQ:CDNS
89.7B USD 16.7 79.9
P/S Multiple
Revenue Growth P/S to Growth
US
ON24 Inc
NYSE:ONTF
Average P/S: 21 281.3
2.5
N/A N/A
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
73.3
50%
1.5
DE
SAP SE
XETRA:SAP
4.6
11%
0.4
US
Salesforce Inc
NYSE:CRM
4
11%
0.4
US
Applovin Corp
NASDAQ:APP
26.9
34%
0.8
US
Intuit Inc
NASDAQ:INTU
5.3
13%
0.4
US
Adobe Inc
NASDAQ:ADBE
4
10%
0.4
US
Synopsys Inc
NASDAQ:SNPS
11.5
20%
0.6
US
N
NCR Corp
LSE:0K45
34.2
-7%
N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.7
14%
1.2
P/E Multiple
Earnings Growth PEG
US
ON24 Inc
NYSE:ONTF
Average P/E: 298.3
Negative Multiple: -12
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
201.9
58%
3.5
DE
SAP SE
XETRA:SAP
23.7
17%
1.4
US
Salesforce Inc
NYSE:CRM
22
31%
0.7
US
Applovin Corp
NASDAQ:APP
44.3
38%
1.2
US
Intuit Inc
NASDAQ:INTU
24.6
30%
0.8
US
Adobe Inc
NASDAQ:ADBE
13.6
20%
0.7
US
Synopsys Inc
NASDAQ:SNPS
83.5
44%
1.9
US
N
NCR Corp
LSE:0K45
2 191
52%
42.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
79.9
39%
2

Market Distribution

In line with most companies in the United States of America
Percentile
50th
Based on 11 520 companies
50th percentile
2.5
Low
0 — 1.2
Typical Range
1.2 — 4.1
High
4.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.2
Median 2.4
70th Percentile 4.1
Max 4 613 274.2

ON24 Inc
Glance View

Market Cap
348.2m USD
Industry
Technology

ON24, Inc. provides webcasting and video communications solutions. The company is headquartered in San Francisco, California and currently employs 717 full-time employees. The company went IPO on 2021-02-03. The firm's platform’s portfolio of interactive and personalized digital experience products creates and captures actionable, real-time data from professionals every month to provide businesses with buying signals and behavioral insights to convert prospects into customers. Its portfolio of ON24 Experience products include ON24 Elite, a live, interactive webinar experience; ON24 Virtual Environment, a live, large scale virtual event experience; ON24 Engagement Hub, an always-on, rich multimedia content experience, and ON24 Target, a personalized and curated, rich multimedia content experience. Its ON24 Experience products are backed by its solutions offering enhanced functionality, including ON24 Intelligence and ON24 Connect.

ONTF Intrinsic Value
5.89 USD
Overvaluation 27%
Intrinsic Value
Price $8.1
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