ONEX CORPORATION (ONEX.CA) Stock Fundamental Analysis
TSX:ONEX - Toronto Stock Exchange - CA68272K1030 - Common Stock - Currency: CAD
ONEX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 78 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.
In the past year ONEX had a positive cash flow from operations.
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
The Return On Assets of ONEX (2.17%) is better than 66.67% of its industry peers.
The Return On Equity of ONEX (3.60%) is better than 62.82% of its industry peers.
ONEX's Return On Invested Capital of 1.72% is on the low side compared to the rest of the industry. ONEX is outperformed by 67.95% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ONEX is significantly below the industry average of 8.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 3.6% | ||
| ROIC | 1.72% |
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 46.69% is fine compared to the rest of the industry. ONEX outperforms 79.49% of its industry peers.
In the last couple of years the Profit Margin of ONEX has declined.
The Operating Margin of ONEX (50.23%) is better than 83.33% of its industry peers.
ONEX's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 50.23% | ||
| PM (TTM) | 46.69% | ||
| 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.
The number of shares outstanding for ONEX has been reduced compared to 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 2.03. 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 2.03, ONEX is doing good in the industry, outperforming 71.79% of the companies in the same industry.
ONEX has a debt to FCF ratio of 29.86. This is a negative value and a sign of low solvency as ONEX would need 29.86 years to pay back of all of its debts.
ONEX has a Debt to FCF ratio of 29.86. This is comparable to the rest of the industry: ONEX outperforms 57.69% of its industry peers.
ONEX has a Debt/Equity ratio of 0.62. This is a neutral value indicating ONEX is somewhat dependend on debt financing.
The Debt to Equity ratio of ONEX (0.62) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 29.86 | ||
| Altman-Z | 2.03 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
ONEX has a Current Ratio of 20.44. This indicates that ONEX is financially healthy and has no problem in meeting its short term obligations.
ONEX has a better Current ratio (20.44) than 91.03% of its industry peers.
ONEX has a Quick Ratio of 20.44. This indicates that ONEX is financially healthy and has no problem in meeting its short term obligations.
ONEX has a better Quick ratio (20.44) than 91.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 20.44 | ||
| Quick Ratio | 20.44 |
3. Growth
3.1 Past
ONEX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -56.55%.
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 -42.36% 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)-56.55%
EPS 3Y-36.8%
EPS 5Y-37.78%
EPS Q2Q%-100.42%
Revenue 1Y (TTM)-42.36%
Revenue growth 3Y-31.67%
Revenue growth 5Y-10.1%
Sales Q2Q%-76.21%
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
A Price/Earnings ratio of 18.01 indicates a rather expensive valuation of ONEX.
61.54% of the companies in the same industry are cheaper than ONEX, based on the Price/Earnings ratio.
ONEX is valuated rather cheaply when we compare the Price/Earnings ratio to 28.22, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 3.51, 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 rather cheap valuation: ONEX is cheaper than 84.62% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.86, ONEX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.01 | ||
| Fwd PE | 3.51 |
4.2 Price Multiples
ONEX's Enterprise Value to EBITDA is on the same level as the industry average.
ONEX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ONEX is cheaper than 64.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.97 | ||
| EV/EBITDA | 26.59 |
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)0.04
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
ONEX has a yearly dividend return of 0.42%, which is pretty low.
Compared to an average industry Dividend Yield of 3.57, ONEX is paying slightly less dividend.
With a Dividend Yield of 0.42, ONEX pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
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
ONEX pays out 7.59% 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.
DP7.59%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:ONEX (5/1/2025, 7:00:00 PM)
99.07
+1.46 (+1.5%)
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 Cap6.97B
Analysts82.22
Price Target146.88 (48.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
Yearly Dividend0.43
Dividend Growth(5Y)2.03%
DP7.59%
Div Incr Years0
Div Non Decr Years32
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)111.43%
Min EPS beat(2)99.67%
Max EPS beat(2)123.2%
EPS beat(4)4
Avg EPS beat(4)144.42%
Min EPS beat(4)99.67%
Max EPS beat(4)253.36%
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)0%
PT rev (3m)-0.69%
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 | 18.01 | ||
| Fwd PE | 3.51 | ||
| P/S | 7.77 | ||
| P/FCF | 28.97 | ||
| P/OCF | 28.97 | ||
| P/B | 0.6 | ||
| P/tB | 0.61 | ||
| EV/EBITDA | 26.59 |
EPS(TTM)5.5
EY5.55%
EPS(NY)28.21
Fwd EY28.48%
FCF(TTM)3.42
FCFY3.45%
OCF(TTM)3.42
OCFY3.45%
SpS12.76
BVpS165.48
TBVpS162.47
PEG (NY)0.04
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 3.6% | ||
| ROCE | 2.39% | ||
| ROIC | 1.72% | ||
| ROICexc | 1.85% | ||
| ROICexgc | 1.87% | ||
| OM | 50.23% | ||
| PM (TTM) | 46.69% | ||
| GM | N/A | ||
| FCFM | 26.81% |
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 Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 29.86 | ||
| Debt/EBITDA | 14.85 | ||
| Cap/Depr | 0% | ||
| Cap/Sales | 0% | ||
| Interest Coverage | 163 | ||
| Cash Conversion | 49.71% | ||
| Profit Quality | 57.43% | ||
| Current Ratio | 20.44 | ||
| Quick Ratio | 20.44 | ||
| Altman-Z | 2.03 |
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)-56.55%
EPS 3Y-36.8%
EPS 5Y-37.78%
EPS Q2Q%-100.42%
EPS Next Y412.56%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-42.36%
Revenue growth 3Y-31.67%
Revenue growth 5Y-10.1%
Sales Q2Q%-76.21%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-55.95%
EBIT growth 3Y-38.66%
EBIT growth 5Y-15.18%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y190%
FCF growth 3Y-21.59%
FCF growth 5YN/A
OCF growth 1Y155.88%
OCF growth 3Y-21.59%
OCF growth 5YN/A