ONEX CORPORATION (ONEX.CA) Stock Fundamental Analysis
TSX:ONEX - Toronto Stock Exchange - CA68272K1030 - Common Stock - Currency: CAD
Taking everything into account, ONEX scores 4 out of 10 in our fundamental rating. ONEX was compared to 83 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.
ONEX had a positive operating cash flow in the past year.
In the past 5 years ONEX has always been profitable.
ONEX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ONEX has a better Return On Assets (3.45%) than 68.67% of its industry peers.
ONEX has a better Return On Equity (5.44%) than 65.06% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.67%, ONEX is doing worse than 61.45% of the companies in the same industry.
ONEX had an Average Return On Invested Capital over the past 3 years of 2.49%. This is significantly below the industry average of 7.96%.
The 3 year average ROIC (2.49%) for ONEX is below the current ROIC(2.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.45% | ||
| ROE | 5.44% | ||
| ROIC | 2.67% |
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's Profit Margin of 60.42% is amongst the best of the industry. ONEX outperforms 81.93% of its industry peers.
ONEX's Profit Margin has declined in the last couple of years.
ONEX has a Operating Margin of 63.96%. This is amongst the best in the industry. ONEX outperforms 84.34% of its industry peers.
In the last couple of years the Operating Margin of ONEX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 63.96% | ||
| PM (TTM) | 60.42% | ||
| 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
Compared to 1 year ago, ONEX has less shares outstanding
ONEX has less shares outstanding than it did 5 years ago.
ONEX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.23 indicates that ONEX is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.23, ONEX is in the better half of the industry, outperforming 74.70% of the companies in the same industry.
The Debt to FCF ratio of ONEX is 23.50, which is on the high side as it means it would take ONEX, 23.50 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 23.50, ONEX is doing good in the industry, outperforming 60.24% of the companies in the same industry.
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 comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 23.5 | ||
| Altman-Z | 2.23 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
ONEX has a Current Ratio of 26.83. This indicates that ONEX is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 26.83, ONEX belongs to the top of the industry, outperforming 95.18% of the companies in the same industry.
ONEX has a Quick Ratio of 26.83. This indicates that ONEX is financially healthy and has no problem in meeting its short term obligations.
ONEX's Quick ratio of 26.83 is amongst the best of the industry. ONEX outperforms 95.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 26.83 | ||
| Quick Ratio | 26.83 |
3. Growth
3.1 Past
ONEX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.63%.
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.
The Revenue for ONEX has decreased by -34.39% in the past year. This is quite bad
Measured over the past years, ONEX shows a very negative growth in Revenue. The Revenue has been decreasing by -10.10% on average per year.
EPS 1Y (TTM)-36.63%
EPS 3Y-36.8%
EPS 5Y-37.78%
EPS Q2Q%1715.38%
Revenue 1Y (TTM)-34.39%
Revenue growth 3Y-31.67%
Revenue growth 5Y-10.1%
Sales Q2Q%117.53%
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 13.10, which indicates a correct valuation of ONEX.
ONEX's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of ONEX to the average of the S&P500 Index (27.15), we can say ONEX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.99, the valuation of ONEX can be described as very cheap.
Based on the Price/Forward Earnings ratio, ONEX is valued a bit cheaper than the industry average as 74.70% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ONEX to the average of the S&P500 Index (21.60), we can say ONEX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 3.99 |
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 65.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.74 | ||
| EV/EBITDA | 19.06 |
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 0.35%, ONEX is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.61, ONEX has a dividend in line with its industry peers.
With a Dividend Yield of 0.35, ONEX pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
5.2 History
The dividend of ONEX has a limited annual growth rate of 2.03%.
ONEX has paid a dividend for at least 10 years, which is a reliable track record.
ONEX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.03%
Div Incr Years0
Div Non Decr Years32
5.3 Sustainability
4.77% of the earnings are spent on dividend by ONEX. This is a low number and sustainable payout ratio.
ONEX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP4.77%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:ONEX (6/27/2025, 7:00:00 PM)
111.05
-2.24 (-1.98%)
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 Cap7.73B
Analysts82.22
Price Target138.72 (24.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
Yearly Dividend0.42
Dividend Growth(5Y)2.03%
DP4.77%
Div Incr Years0
Div Non Decr Years32
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)196.24%
Min EPS beat(2)99.67%
Max EPS beat(2)292.81%
EPS beat(4)4
Avg EPS beat(4)192.26%
Min EPS beat(4)99.67%
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)2.77%
PT rev (3m)-5.56%
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 | 13.1 | ||
| Fwd PE | 3.99 | ||
| P/S | 7.42 | ||
| P/FCF | 28.74 | ||
| P/OCF | 28.74 | ||
| P/B | 0.67 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 19.06 |
EPS(TTM)8.48
EY7.64%
EPS(NY)27.85
Fwd EY25.08%
FCF(TTM)3.86
FCFY3.48%
OCF(TTM)3.86
OCFY3.48%
SpS14.96
BVpS166.36
TBVpS163.38
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.45% | ||
| ROE | 5.44% | ||
| ROCE | 3.71% | ||
| ROIC | 2.67% | ||
| ROICexc | 2.8% | ||
| ROICexgc | 2.83% | ||
| OM | 63.96% | ||
| PM (TTM) | 60.42% | ||
| GM | N/A | ||
| FCFM | 25.82% |
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 | 23.5 | ||
| Debt/EBITDA | 9.08 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 38.63% | ||
| Profit Quality | 42.73% | ||
| Current Ratio | 26.83 | ||
| Quick Ratio | 26.83 | ||
| Altman-Z | 2.23 |
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)-36.63%
EPS 3Y-36.8%
EPS 5Y-37.78%
EPS Q2Q%1715.38%
EPS Next Y412.56%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-34.39%
Revenue growth 3Y-31.67%
Revenue growth 5Y-10.1%
Sales Q2Q%117.53%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-37.91%
EBIT growth 3Y-38.66%
EBIT growth 5Y-15.18%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y168.88%
FCF growth 3Y-21.59%
FCF growth 5YN/A
OCF growth 1Y172.69%
OCF growth 3Y-21.59%
OCF growth 5YN/A