ONEX CORPORATION (ONEX.CA) Stock Fundamental Analysis

TSX:ONEX • CA68272K1030

104.47 CAD
-3.03 (-2.82%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to ONEX. ONEX was compared to 78 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 is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

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.
  • Each year in the past 5 years ONEX has been profitable.
  • Of the past 5 years ONEX 4 years had a positive operating cash flow.
ONEX.CA Yearly Net Income VS EBIT VS OCF VS FCFONEX.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B 4B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 3.23%, ONEX is in the better half of the industry, outperforming 64.10% of the companies in the same industry.
  • ONEX's Return On Equity of 5.04% is fine compared to the rest of the industry. ONEX outperforms 60.26% of its industry peers.
  • ONEX's Return On Invested Capital of 2.47% is in line compared to the rest of the industry. ONEX outperforms 41.03% of its industry peers.
  • ONEX had an Average Return On Invested Capital over the past 3 years of 2.49%. This is significantly below the industry average of 10.45%.
Industry RankSector Rank
ROA 3.23%
ROE 5.04%
ROIC 2.47%
ROA(3y)2.73%
ROA(5y)5.05%
ROE(3y)4.21%
ROE(5y)7.9%
ROIC(3y)2.49%
ROIC(5y)4.22%
ONEX.CA Yearly ROA, ROE, ROICONEX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

1.3 Margins

  • With a decent Profit Margin value of 56.14%, ONEX is doing good in the industry, outperforming 78.21% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ONEX has declined.
  • Looking at the Operating Margin, with a value of 58.09%, ONEX belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
  • In the last couple of years the Operating Margin of ONEX has declined.
Industry RankSector Rank
OM 58.09%
PM (TTM) 56.14%
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
ONEX.CA Yearly Profit, Operating, Gross MarginsONEX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200 300

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6

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.
  • Compared to 1 year ago, ONEX has a worse debt to assets ratio.
ONEX.CA Yearly Shares OutstandingONEX.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
ONEX.CA Yearly Total Debt VS Total AssetsONEX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

  • An Altman-Z score of 2.18 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 2.18, ONEX is in the better half of the industry, outperforming 67.95% of the companies in the same industry.
  • ONEX has a debt to FCF ratio of 31.54. This is a negative value and a sign of low solvency as ONEX would need 31.54 years to pay back of all of its debts.
  • ONEX's Debt to FCF ratio of 31.54 is in line compared to the rest of the industry. ONEX outperforms 57.69% of its industry peers.
  • A Debt/Equity ratio of 0.52 indicates that ONEX is somewhat dependend on debt financing.
  • ONEX has a Debt to Equity ratio of 0.52. This is comparable to the rest of the industry: ONEX outperforms 51.28% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 31.54
Altman-Z 2.18
ROIC/WACCN/A
WACCN/A
ONEX.CA Yearly LT Debt VS Equity VS FCFONEX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B

2.3 Liquidity

  • A Current Ratio of 17.09 indicates that ONEX has no problem at all paying its short term obligations.
  • ONEX's Current ratio of 17.09 is amongst the best of the industry. ONEX outperforms 91.03% of its industry peers.
  • ONEX has a Quick Ratio of 17.09. 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 17.09, ONEX belongs to the top of the industry, outperforming 91.03% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 17.09
Quick Ratio 17.09
ONEX.CA Yearly Current Assets VS Current LiabilitesONEX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

0

3. Growth

3.1 Past

  • ONEX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.51%.
  • ONEX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -37.78% yearly.
  • ONEX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.31%.
  • 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)-29.51%
EPS 3Y-36.8%
EPS 5Y-37.78%
EPS Q2Q%-66.07%
Revenue 1Y (TTM)-22.31%
Revenue growth 3Y-31.67%
Revenue growth 5Y-10.1%
Sales Q2Q%-35.18%

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.
ONEX.CA Yearly Revenue VS EstimatesONEX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B
ONEX.CA Yearly EPS VS EstimatesONEX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2023 2024 2025 0 10 -10 20 -20

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6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 12.39, ONEX is valued correctly.
  • Compared to the rest of the industry, the Price/Earnings ratio of ONEX indicates a slightly more expensive valuation: ONEX is more expensive than 60.26% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of ONEX to the average of the S&P500 Index (27.97), we can say ONEX is valued rather cheaply.
  • The Price/Forward Earnings ratio is 3.77, which indicates a rather cheap valuation of ONEX.
  • Based on the Price/Forward Earnings ratio, ONEX is valued cheaply inside the industry as 94.87% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.96, ONEX is valued rather cheaply.
Industry RankSector Rank
PE 12.39
Fwd PE 3.77
ONEX.CA Price Earnings VS Forward Price EarningsONEX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • ONEX's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ONEX indicates a somewhat cheap valuation: ONEX is cheaper than 70.51% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 37.37
EV/EBITDA 19.24
ONEX.CA Per share dataONEX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • The 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

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • ONEX has a yearly dividend return of 0.38%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.71, ONEX has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.79, ONEX's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.38%

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 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
ONEX.CA Yearly Dividends per shareONEX.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0 0 0 0

5.3 Sustainability

  • 4.84% 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.
DP4.84%
EPS Next 2YN/A
EPS Next 3YN/A
ONEX.CA Yearly Income VS Free CF VS DividendONEX.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B 4B
ONEX.CA Dividend Payout.ONEX.CA Dividend Payout, showing the Payout Ratio.ONEX.CA Dividend Payout.PayoutRetained Earnings

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ONEX CORPORATION

TSX:ONEX (2/12/2026, 7:00:00 PM)

104.47

-3.03 (-2.82%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-07
Earnings (Next)02-20
Inst Owners39.67%
Inst Owner ChangeN/A
Ins Owners16.53%
Ins Owner ChangeN/A
Market Cap7.17B
Revenue(TTM)773.00M
Net Income(TTM)434.00M
Analysts80
Price Target161.16 (54.26%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.38%
Yearly Dividend0.42
Dividend Growth(5Y)2.03%
DP4.84%
Div Incr Years0
Div Non Decr Years32
Ex-Date01-13
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-45.87%
Min EPS beat(2)-92.84%
Max EPS beat(2)1.1%
EPS beat(4)3
Avg EPS beat(4)75.19%
Min EPS beat(4)-92.84%
Max EPS beat(4)292.81%
EPS beat(8)7
Avg EPS beat(8)119.06%
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)-0.42%
PT rev (3m)7.24%
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 RankSector Rank
PE 12.39
Fwd PE 3.77
P/S 6.82
P/FCF 37.37
P/OCF 37.37
P/B 0.61
P/tB 0.62
EV/EBITDA 19.24
EPS(TTM)8.43
EY8.07%
EPS(NY)27.71
Fwd EY26.52%
FCF(TTM)2.8
FCFY2.68%
OCF(TTM)2.8
OCFY2.68%
SpS15.33
BVpS170.68
TBVpS167.69
PEG (NY)0.03
PEG (5Y)N/A
Graham Number179.93
Profitability
Industry RankSector Rank
ROA 3.23%
ROE 5.04%
ROCE 3.43%
ROIC 2.47%
ROICexc 2.6%
ROICexgc 2.64%
OM 58.09%
PM (TTM) 56.14%
GM N/A
FCFM 18.24%
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%
ROICexgc growth 3Y-40.77%
ROICexgc 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-Score3
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 31.54
Debt/EBITDA 9.46
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 224.5
Cash Conversion 30%
Profit Quality 32.49%
Current Ratio 17.09
Quick Ratio 17.09
Altman-Z 2.18
F-Score3
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)-29.51%
EPS 3Y-36.8%
EPS 5Y-37.78%
EPS Q2Q%-66.07%
EPS Next Y412.56%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-22.31%
Revenue growth 3Y-31.67%
Revenue growth 5Y-10.1%
Sales Q2Q%-35.18%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-35.3%
EBIT growth 3Y-38.66%
EBIT growth 5Y-15.18%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y984.62%
FCF growth 3Y-21.59%
FCF growth 5YN/A
OCF growth 1Y464%
OCF growth 3Y-21.59%
OCF growth 5YN/A

ONEX CORPORATION / ONEX.CA FAQ

What is the fundamental rating for ONEX stock?

ChartMill assigns a fundamental rating of 4 / 10 to ONEX.CA.


What is the valuation status of ONEX CORPORATION (ONEX.CA) stock?

ChartMill assigns a valuation rating of 6 / 10 to ONEX CORPORATION (ONEX.CA). This can be considered as Fairly Valued.


How profitable is ONEX CORPORATION (ONEX.CA) stock?

ONEX CORPORATION (ONEX.CA) has a profitability rating of 4 / 10.


What is the financial health of ONEX CORPORATION (ONEX.CA) stock?

The financial health rating of ONEX CORPORATION (ONEX.CA) is 6 / 10.


What is the earnings growth outlook for ONEX CORPORATION?

The Earnings per Share (EPS) of ONEX CORPORATION (ONEX.CA) is expected to grow by 412.56% in the next year.