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$94.59 - C$131.38
Previous CloseN/A
Volume18.73K
Average Volume (3M)81.86K
Market Cap
C$8.90B
Enterprise ValueC$5.03B
Total Cash (Recent Filing)C$1.33B
Total Debt (Recent Filing)C$32.94M
Price to Earnings (P/E)9.0
Beta0.77
Next Earnings
May 15, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.36%
Share Statistics
EPS (TTM)3.56
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$136.00Price Target Upside36.96% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Convex Acquisition Adds Sizable, Profitable Insurance EarningsThe $7B Convex acquisition brings a large, high‑return insurance platform that generated $711M in 2025, giving Onex an estimated ~$423M share. That recurring underwriting profit and management rollover alignment materially diversifies and enlarges Onex's durable earnings base.
Rapid Fee‑generating AUM And Credit Platform ExpansionA 24% AUM increase to ~$44B and a $60M credit FRE run‑rate reflect durable fee growth from fund-raising, CLO issuance and structuring. Expanding fee pools reduce reliance on volatile investment marks and create a more predictable recurring revenue stream over the medium term.
Improved Leverage And Meaningful Available LiquidityMaterial deleveraging and preserved liquidity (cash plus revolver capacity ~ $900M) increase financial flexibility to fund realizations, support portfolio companies, and pursue opportunistic deals. A stronger capital structure lowers refinancing risk and supports steadier capital allocation.
Bears Say
High Revenue And Earnings VolatilityLarge swings in top‑line and net income reduce predictability of management fees, carried interest and distributable cash. This cyclicality makes forecasting FRE and realized gains difficult, complicating capital allocation and investor expectations across multi‑year investment cycles.
Fee‑related Earnings Remain Negative And Timing Is DelayedAsset management reported near‑term FRE losses and management acknowledges FRE benefits tied to MACV and other initiatives won't fully accrue until later. Until fee income covers platform costs, Onex will rely more on investment realizations, keeping recurring earnings and cash generation uncertain.
Exposure To CLO Mark‑to‑market And P&C Pricing PressureCLO spread compression has depressed mark‑to‑market values of CLO equity and creates a multi‑year mismatch until refinancing occurs. Simultaneously, expected negative P&C pricing will pressure Convex underwriting margins. These structural industry headwinds can weigh on insurance and credit earnings durability.
ONEX Corporation News
ONEX FAQ
What was ONEX Corporation’s price range in the past 12 months?
ONEX Corporation lowest stock price was C$94.59 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$8.90B.
When is ONEX Corporation’s upcoming earnings report date?
ONEX Corporation’s upcoming earnings report date is May 15, 2026 which is in 17 days.
How were ONEX Corporation’s earnings last quarter?
ONEX Corporation released its earnings results on Feb 20, 2026. The company reported C$3.559 earnings per share for the quarter, beating the consensus estimate of N/A by C$3.559.
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$3.559 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.213%.
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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10
Analyst Consensus
Hold
Average Price Target:
C$136.00 (36.96% Upside)
C$136.00 (36.96% Upside)
Insider Transactions
Bought Shares
Worth C$921.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.95%
12-Months-Change
Fundamentals
Return on Equity
7.20%
Trailing 12-Months
Asset Growth
-20.38%
Trailing 12-Months
Company Description
ONEX Corporation
Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up. The firm seeks to invest in technology, electronics manufacturing services, industrial, aerospace, healthcare, retail, restaurants, industrials products, customer care services, metal services, building products, entertainment, gaming, cabinetry products, commercial vehicles, commercial and investment banking, financial services, commercial and multi-unit residential real estate. It invests in global businesses headquartered in North America, including United States and Canada, or Europe. The firm seeks to invest between $125 million and $1 billion in companies that have minimum revenues of $300 million. It does not consider size if the company is in an industry in which the firm already has presence. The firm seeks to make direct as well as co-investments through managed private equity, real estate and credit funds. It seeks to acquire a control position in its portfolio companies. Onex Corporation was founded in 1984 and is based in Toronto, Canada with additional offices in New York, New York; Englewood Cliffs, New Jersey; Boston, Massachusetts and London, United Kingdom.
ONEX Stock 12 Month Forecast
Average Price Target
C$136.00
▲(36.96% Upside)
Technical Analysis
IGM Financial
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Clairvest
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Brookfield Business Corp. Class A
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Brookfield Asset Management Ltd. Class A
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Options Prices
Currently, No data available
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