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 83 industry peers in the Capital Markets industry. ONEX has only an average score on both its financial health and profitability. ONEX has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ONEX had positive earnings in the past year.
ONEX had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 3.45%, ONEX is in the better half of the industry, outperforming 68.67% of the companies in the same industry.
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.
Measured over the past 3 years, the Average Return On Invested Capital for ONEX is significantly below the industry average of 7.96%.
The last Return On Invested Capital (2.67%) for ONEX is above the 3 year average (2.49%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 60.42%. This is amongst the best in the industry. ONEX outperforms 81.93% of its industry peers.
ONEX's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 63.96%, ONEX belongs to the top of the industry, outperforming 84.34% of the companies in the same industry.
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
ONEX has less shares outstanding than it did 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 2.25. 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.
ONEX's Altman-Z score of 2.25 is fine compared to the rest of the industry. ONEX outperforms 74.70% of its industry peers.
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.
ONEX's Debt to FCF ratio of 23.50 is fine compared to the rest of the industry. ONEX outperforms 60.24% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that ONEX is somewhat dependend on debt financing.
ONEX has a Debt to Equity ratio of 0.55. This is comparable to the rest of the industry: ONEX outperforms 53.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 23.5 | ||
| Altman-Z | 2.25 |
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 95.18% 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.
Looking at the Quick 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.
| 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.
Looking at the last year, ONEX shows a very negative growth in Revenue. The Revenue has decreased by -34.39% in the last year.
The Revenue for ONEX have been decreasing by -10.10% on average. This is quite bad
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
With a Price/Earnings ratio of 13.42, ONEX is valued correctly.
ONEX's Price/Earnings is on the same level as the industry average.
ONEX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.45.
ONEX is valuated cheaply with a Price/Forward Earnings ratio of 4.08.
74.70% of the companies in the same industry are more expensive than ONEX, based on the Price/Forward Earnings ratio.
ONEX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.42 | ||
| Fwd PE | 4.08 |
4.2 Price Multiples
ONEX's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ONEX is valued a bit cheaper than 65.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.44 | ||
| EV/EBITDA | 19.34 |
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 0.35%, which is pretty low.
Compared to an average industry Dividend Yield of 4.61, ONEX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, ONEX's dividend is way lower than the S&P500 average.
| 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 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
4.77% 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 (7/4/2025, 7:00:00 PM)
113.23
-0.08 (-0.07%)
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 Cap7.88B
Analysts82.22
Price Target138.72 (22.51%)
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 | 13.42 | ||
| Fwd PE | 4.08 | ||
| P/S | 7.6 | ||
| P/FCF | 29.44 | ||
| P/OCF | 29.44 | ||
| P/B | 0.68 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 19.34 |
EPS(TTM)8.44
EY7.45%
EPS(NY)27.72
Fwd EY24.48%
FCF(TTM)3.85
FCFY3.4%
OCF(TTM)3.85
OCFY3.4%
SpS14.9
BVpS165.6
TBVpS162.63
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 | 2.25 |
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