ONEX Corporation (TSE:ONEX)
TSX:ONEX
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ONEX Stock Chart & Stats
C$99.30
C$1.27(1.10%)
At close: 4:00 PM EST
C$99.30
C$1.27(1.10%)
Day’s Range― - ―
52-Week RangeC$95.15 - C$131.38
Previous CloseN/A
Volume18.73K
Average Volume (3M)81.86K
Market Cap
C$8.38B
Enterprise ValueC$5.99B
Total Cash (Recent Filing)C$116.08M
Total Debt (Recent Filing)C$30.02M
Price to Earnings (P/E)9.9
Beta0.81
Next Earnings
Aug 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.36%
Share Statistics
EPS (TTM)8.31
Shares Outstanding76,186,485
10 Day Avg. Volume79,779
30 Day Avg. Volume81,864
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.65
Price to Sales (P/S)19.37
P/FCF Ratio8.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$141.33Price Target Upside42.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Convex Acquisition And ScaleOwning a majority stake in Convex embeds a large, profitable insurance franchise into Onex, providing recurring underwriting earnings and scale. Convex's strong 2025 net income and management equity roll align incentives and materially diversify Onex’s earnings base over the medium term.
Fee-generating AUM ExpansionA 24% YoY rise in fee-generating AUM strengthens the recurring management-fee runway. Larger AUM supports higher baseline FRE, improves economies of scale across platforms, and reduces reliance on single realizations, bolstering durable fee income as fundraising and CLO issuance continue.
Conservative Balance Sheet PositioningLow leverage and strong equity backing give Onex durable financial flexibility to fund co-investments, support portfolio companies, and absorb shocks from mark-to-market swings. This conservatism limits refinancing risk and preserves capacity for opportunistic capital deployment.
Bears Say
Shrinking Revenue TrendA near‑term pattern of declining revenue undermines the sustainability of current high margins and raises questions about the durability of fee and investment income. If AUM or realizations slow, recurring earnings could compress and pressure medium‑term profitability.
Negative Operating And Free Cash FlowWeak cash conversion reduces internal funding for buyouts, co-investments, and distributions, forcing greater reliance on NAV loans or revolvers. Persistent negative OCF/FCF increases financial fragility, constrains capital allocation, and elevates medium‑term liquidity risk.
CLO Mark-to-market And Spread PressureSpread compression on underlying loans creates valuation mismatches for CLO equity and reduces reported investment values until liabilities refinance. This drives earnings volatility in the credit platform and can delay or depress FRE and realizations over the 1–2 year refinancing horizon.
ONEX Corporation News
ONEX FAQ
What was ONEX Corporation’s price range in the past 12 months?
ONEX Corporation lowest stock price was C$95.15 and its highest was C$131.38 in the past 12 months.
What is ONEX Corporation’s market cap?
ONEX Corporation’s market cap is C$8.38B.
When is ONEX Corporation’s upcoming earnings report date?
ONEX Corporation’s upcoming earnings report date is Aug 13, 2026 which is in 64 days.
How were ONEX Corporation’s earnings last quarter?
ONEX Corporation released its earnings results on May 15, 2026. The company reported C$2.462 earnings per share for the quarter, beating the consensus estimate of N/A by C$2.462.
Is ONEX Corporation overvalued?
According to Wall Street analysts ONEX Corporation’s price is currently Undervalued.
Does ONEX Corporation pay dividends?
ONEX Corporation pays a Quarterly dividend of C$0.1 which represents an annual dividend yield of 0.36%. See more information on ONEX Corporation dividends here
What is ONEX Corporation’s EPS estimate?
ONEX Corporation’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does ONEX Corporation have?
ONEX Corporation has 76,186,485 shares outstanding.
What happened to ONEX Corporation’s price movement after its last earnings report?
ONEX Corporation reported an EPS of C$2.462 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -3.71%.
Which hedge fund is a major shareholder of ONEX Corporation?
Currently, no hedge funds are holding shares in TSE:ONEX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
ONEX Corporation Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$141.33 (42.33% Upside)
C$141.33 (42.33% Upside)
Blogger Sentiment
Bullish
TSE:ONEX Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth C$1.8M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.95%
12-Months-Change
Fundamentals
Return on Equity
6.52%
Trailing 12-Months
Asset Growth
-22.63%
Trailing 12-Months
Company Description
ONEX Corporation
Onex Corporation functions as a private equity firm, primarily focused on strategic acquisitions and building out platform companies. Its diverse investment strategies include management buyouts, growth equity injections, recapitalizations, operational restructurings of undervalued entities, and corporate carve-outs of non-core divisions from multinational corporations. The firm also pursues investments in distressed businesses across small, mid, large, and upper-middle market capitalizations. Onex targets a wide array of industries globally, such as technology, aerospace, healthcare, retail, restaurants, entertainment, gaming, and various manufacturing sectors including electronics, industrial products, metal services, building products, cabinetry, and commercial vehicles. It also extends its reach into financial services, encompassing commercial and investment banking, financial advisory, and commercial and multi-unit residential real estate. Geographically, Onex seeks businesses headquartered in North America, specifically the United States and Canada, or Europe. Investment commitments typically range from $125 million to $1 billion for companies with at least $300 million in annual revenue, although this minimum is flexible if the target operates in an industry where Onex already has an established presence. The firm makes direct investments and co-investments through its managed private equity, real estate, and credit funds, consistently aiming to secure a controlling stake in its portfolio companies. Founded in 1984, Onex Corporation is headquartered in Toronto, Canada, with additional offices located in New York, Englewood Cliffs, Boston, and London.
ONEX Stock 12 Month Forecast
Average Price Target
C$141.33
▲(42.33% Upside)
Technical Analysis
IGM Financial
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Options Prices
Currently, No data available
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