ONEX CORPORATION (ONEX.CA) Stock Fundamental Analysis
TSX:ONEX - Toronto Stock Exchange - CA68272K1030 - Common Stock - Currency: CAD
We assign a fundamental rating of 4 out of 10 to ONEX. ONEX was compared to 82 industry peers in the Capital Markets industry. Both the profitability and the financial health of ONEX get a neutral evaluation. Nothing too spectacular is happening here. ONEX has a valuation in line with the averages, 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.
ONEX had positive earnings in each of the past 5 years.
ONEX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of ONEX (3.45%) is better than 67.07% of its industry peers.
Looking at the Return On Equity, with a value of 5.44%, ONEX is in the better half of the industry, outperforming 62.20% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.67%, ONEX is doing worse than 63.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ONEX is significantly below the industry average of 7.74%.
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
With a decent Profit Margin value of 60.42%, ONEX is doing good in the industry, outperforming 79.27% of the companies in the same industry.
In the last couple of years the Profit Margin of ONEX has declined.
The Operating Margin of ONEX (63.96%) is better than 84.15% of its industry peers.
ONEX's Operating Margin has declined in the last couple of years.
| 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
The number of shares outstanding for ONEX has been reduced compared to 1 year ago.
Compared to 5 years ago, ONEX has less shares outstanding
The debt/assets ratio for ONEX is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.19 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 2.19, ONEX is in the better half of the industry, outperforming 74.39% of the companies in the same industry.
ONEX has a debt to FCF ratio of 23.50. This is a negative value and a sign of low solvency as ONEX would need 23.50 years to pay back of all of its debts.
ONEX has a Debt to FCF ratio of 23.50. This is comparable to the rest of the industry: ONEX outperforms 57.32% 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.
With a Debt to Equity ratio value of 0.55, ONEX perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 23.5 | ||
| Altman-Z | 2.19 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 26.83 indicates that ONEX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 26.83, ONEX belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
A Quick Ratio of 26.83 indicates that ONEX has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 26.83, ONEX belongs to the best of the industry, outperforming 95.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 26.83 | ||
| Quick Ratio | 26.83 |
3. Growth
3.1 Past
The earnings per share for ONEX have decreased strongly by -36.63% in the last year.
The earnings per share for ONEX have been decreasing by -37.78% on average. This is quite bad
The Revenue for ONEX has decreased by -34.39% in the past year. This is quite bad
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)-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
Based on the Price/Earnings ratio of 12.38, the valuation of ONEX can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of ONEX is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.30. ONEX is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 3.77, the valuation of ONEX can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ONEX indicates a somewhat cheap valuation: ONEX is cheaper than 76.83% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.06, ONEX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.38 | ||
| Fwd PE | 3.77 |
4.2 Price Multiples
ONEX's Enterprise Value to EBITDA ratio is in line with the industry average.
62.20% of the companies in the same industry are more expensive than ONEX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.16 | ||
| 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
ONEX has a yearly dividend return of 0.39%, which is pretty low.
ONEX's Dividend Yield is comparable with the industry average which is at 3.24.
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 | 0.39% |
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
ONEX pays out 4.77% of its income as dividend. This is a sustainable payout ratio.
The dividend of ONEX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP4.77%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:ONEX (6/5/2025, 7:00:00 PM)
105
-0.51 (-0.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners40.14%
Inst Owner ChangeN/A
Ins Owners17.56%
Ins Owner ChangeN/A
Market Cap7.31B
Analysts82.22
Price Target134.98 (28.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
Yearly Dividend0.43
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)-8.1%
PT rev (3m)-8.74%
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 | 12.38 | ||
| Fwd PE | 3.77 | ||
| P/S | 7.01 | ||
| P/FCF | 27.16 | ||
| P/OCF | 27.16 | ||
| P/B | 0.63 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 18.45 |
EPS(TTM)8.48
EY8.08%
EPS(NY)27.86
Fwd EY26.54%
FCF(TTM)3.87
FCFY3.68%
OCF(TTM)3.87
OCFY3.68%
SpS14.97
BVpS166.46
TBVpS163.48
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 | 2.19 |
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