ONEX CORPORATION (ONEX.CA) Stock Fundamental Analysis
Canada - TSX:ONEX - CA68272K1030 - Common Stock
125.78 CAD
+1.45 (+1.17%)
Taking everything into account, ONEX scores 4 out of 10 in our fundamental rating. ONEX was compared to 80 industry peers in the Capital Markets industry. ONEX has an average financial health and profitability rating. ONEX is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ONEX was profitable.
In the past year ONEX had a positive cash flow from operations.
In the past 5 years ONEX has always been profitable.
Of the past 5 years ONEX 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.83%, ONEX is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
ONEX's Return On Equity of 6.09% is fine compared to the rest of the industry. ONEX outperforms 63.75% of its industry peers.
ONEX's Return On Invested Capital of 2.91% is on the low side compared to the rest of the industry. ONEX is outperformed by 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ONEX is significantly below the industry average of 8.46%.
The last Return On Invested Capital (2.91%) for ONEX is above the 3 year average (2.49%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.83% | ||
| ROE | 6.09% | ||
| ROIC | 2.91% |
ROA(3y)2.73%
ROA(5y)5.05%
ROE(3y)4.21%
ROE(5y)7.9%
ROIC(3y)2.49%
ROIC(5y)4.22%
1.3 Margins
ONEX has a Profit Margin of 61.92%. This is amongst the best in the industry. ONEX outperforms 82.50% of its industry peers.
In the last couple of years the Profit Margin of ONEX has declined.
ONEX has a better Operating Margin (64.06%) than 82.50% of its industry peers.
In the last couple of years the Operating Margin of ONEX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 64.06% | ||
| PM (TTM) | 61.92% | ||
| GM | N/A |
OM growth 3Y-10.23%
OM growth 5Y-5.65%
PM growth 3Y-12.24%
PM growth 5Y-34.49%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for ONEX has been reduced compared to 1 year ago.
ONEX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ONEX is higher compared to a year ago.
2.2 Solvency
ONEX has an Altman-Z score of 2.28. This is not the best score and indicates that ONEX is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.28, ONEX is doing good in the industry, outperforming 71.25% of the companies in the same industry.
ONEX has a debt to FCF ratio of 18.21. This is a negative value and a sign of low solvency as ONEX would need 18.21 years to pay back of all of its debts.
ONEX has a Debt to FCF ratio of 18.21. This is comparable to the rest of the industry: ONEX outperforms 58.75% of its industry peers.
ONEX has a Debt/Equity ratio of 0.55. This is a neutral value indicating ONEX is somewhat dependend on debt financing.
ONEX has a Debt to Equity ratio (0.55) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 18.21 | ||
| Altman-Z | 2.28 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
ONEX has a Current Ratio of 20.95. This indicates that ONEX is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 20.95, ONEX belongs to the best of the industry, outperforming 92.50% of the companies in the same industry.
A Quick Ratio of 20.95 indicates that ONEX has no problem at all paying its short term obligations.
ONEX has a better Quick ratio (20.95) than 92.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 20.95 | ||
| Quick Ratio | 20.95 |
3. Growth
3.1 Past
The earnings per share for ONEX have decreased strongly by -29.34% in the last year.
Measured over the past years, ONEX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -37.78% on average per year.
ONEX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -26.44%.
ONEX shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -10.10% yearly.
EPS 1Y (TTM)-29.34%
EPS 3Y-36.8%
EPS 5Y-37.78%
EPS Q2Q%50.68%
Revenue 1Y (TTM)-26.44%
Revenue growth 3Y-31.67%
Revenue growth 5Y-10.1%
Sales Q2Q%32.65%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y412.56%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.43, which indicates a correct valuation of ONEX.
The rest of the industry has a similar Price/Earnings ratio as ONEX.
Compared to an average S&P500 Price/Earnings ratio of 27.20, ONEX is valued rather cheaply.
ONEX is valuated cheaply with a Price/Forward Earnings ratio of 4.46.
72.50% of the companies in the same industry are more expensive than ONEX, based on the Price/Forward Earnings ratio.
ONEX is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.71, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.43 | ||
| Fwd PE | 4.46 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ONEX is on the same level as its industry peers.
ONEX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ONEX is cheaper than 71.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.89 | ||
| EV/EBITDA | 18.45 |
4.3 Compensation for Growth
ONEX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.32%, ONEX is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.91, ONEX is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.38, ONEX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
The dividend of ONEX has a limited annual growth rate of 2.03%.
ONEX has been paying a dividend for at least 10 years, so it has a reliable track record.
ONEX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.03%
Div Incr Years0
Div Non Decr Years32
5.3 Sustainability
4.02% of the earnings are spent on dividend by ONEX. This is a low number and sustainable payout ratio.
The dividend of ONEX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP4.02%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:ONEX (9/15/2025, 7:00:00 PM)
125.78
+1.45 (+1.17%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners41.76%
Inst Owner ChangeN/A
Ins Owners16.43%
Ins Owner ChangeN/A
Market Cap8.62B
Analysts82.5
Price Target146.88 (16.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Yearly Dividend0.43
Dividend Growth(5Y)2.03%
DP4.02%
Div Incr Years0
Div Non Decr Years32
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)146.96%
Min EPS beat(2)1.1%
Max EPS beat(2)292.81%
EPS beat(4)4
Avg EPS beat(4)129.2%
Min EPS beat(4)1.1%
Max EPS beat(4)292.81%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.97%
PT rev (3m)7.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.43 | ||
| Fwd PE | 4.46 | ||
| P/S | 7.4 | ||
| P/FCF | 23.89 | ||
| P/OCF | 23.89 | ||
| P/B | 0.73 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 18.45 |
EPS(TTM)10.12
EY8.05%
EPS(NY)28.2
Fwd EY22.42%
FCF(TTM)5.27
FCFY4.19%
OCF(TTM)5.27
OCFY4.19%
SpS17.01
BVpS172.97
TBVpS169.93
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.83% | ||
| ROE | 6.09% | ||
| ROCE | 4.04% | ||
| ROIC | 2.91% | ||
| ROICexc | 3.06% | ||
| ROICexgc | 3.09% | ||
| OM | 64.06% | ||
| PM (TTM) | 61.92% | ||
| GM | N/A | ||
| FCFM | 30.96% |
ROA(3y)2.73%
ROA(5y)5.05%
ROE(3y)4.21%
ROE(5y)7.9%
ROIC(3y)2.49%
ROIC(5y)4.22%
ROICexc(3y)2.57%
ROICexc(5y)4.41%
ROICexgc(3y)2.62%
ROICexgc(5y)4.55%
ROCE(3y)3.46%
ROCE(5y)5.86%
ROICexcg growth 3Y-40.77%
ROICexcg growth 5Y-19.04%
ROICexc growth 3Y-40.32%
ROICexc growth 5Y-18.57%
OM growth 3Y-10.23%
OM growth 5Y-5.65%
PM growth 3Y-12.24%
PM growth 5Y-34.49%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 18.21 | ||
| Debt/EBITDA | 8.47 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 270 | ||
| Cash Conversion | 46.52% | ||
| Profit Quality | 50% | ||
| Current Ratio | 20.95 | ||
| Quick Ratio | 20.95 | ||
| Altman-Z | 2.28 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)11.66%
Cap/Depr(5y)7.35%
Cap/Sales(3y)0.84%
Cap/Sales(5y)0.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.34%
EPS 3Y-36.8%
EPS 5Y-37.78%
EPS Q2Q%50.68%
EPS Next Y412.56%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-26.44%
Revenue growth 3Y-31.67%
Revenue growth 5Y-10.1%
Sales Q2Q%32.65%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-33.99%
EBIT growth 3Y-38.66%
EBIT growth 5Y-15.18%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y246.63%
FCF growth 3Y-21.59%
FCF growth 5YN/A
OCF growth 1Y260.12%
OCF growth 3Y-21.59%
OCF growth 5YN/A