Onex Corp Stock Current Valuation
| ONEX Stock | CAD 113.42 0.05 0.04% |
Valuation analysis of Onex Corp helps investors to measure Onex Corp's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Onex Corp's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 16.85, while Enterprise Value is likely to drop about 5.1 B. Fundamental drivers impacting Onex Corp's valuation include:
Price Book 0.6937 | Enterprise Value 14.1 B | Enterprise Value Ebitda 19.4585 | Price Sales 8.843 | Forward PE 222.2222 |
Undervalued
Today
Please note that Onex Corp's price fluctuation is very steady at this time. Calculation of the real value of Onex Corp is based on 3 months time horizon. Increasing Onex Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Onex Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Onex Stock. However, Onex Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 113.42 | Real 128.45 | Hype 115.18 |
The intrinsic value of Onex Corp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Onex Corp's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Onex Corp helps investors to forecast how Onex stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Onex Corp more accurately as focusing exclusively on Onex Corp's fundamentals will not take into account other important factors: Onex Corp Company Current Valuation Analysis
Onex Corp's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Onex Corp Current Valuation | 14.06 B |
Most of Onex Corp's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Onex Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Onex Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Onex Corp is extremely important. It helps to project a fair market value of Onex Stock properly, considering its historical fundamentals such as Current Valuation. Since Onex Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Onex Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Onex Corp's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Onex Corp has a Current Valuation of 14.06 B. This is 57.17% lower than that of the Capital Markets sector and 87.86% higher than that of the Financials industry. The current valuation for all Canada stocks is 15.44% higher than that of the company.
Onex Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Onex Corp's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Onex Corp could also be used in its relative valuation, which is a method of valuing Onex Corp by comparing valuation metrics of similar companies.Onex Corp is currently under evaluation in current valuation category among its peers.
Onex Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Onex Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Onex Corp's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Onex Fundamentals
| Return On Equity | 0.0805 | ||||
| Return On Asset | 0.0341 | ||||
| Profit Margin | 0.71 % | ||||
| Operating Margin | 0.73 % | ||||
| Current Valuation | 14.06 B | ||||
| Shares Outstanding | 73.97 M | ||||
| Shares Owned By Insiders | 17.01 % | ||||
| Shares Owned By Institutions | 40.61 % | ||||
| Number Of Shares Shorted | 572.11 K | ||||
| Price To Earning | 1.51 X | ||||
| Price To Book | 0.69 X | ||||
| Price To Sales | 8.84 X | ||||
| Revenue | 1.08 B | ||||
| Gross Profit | 168 M | ||||
| EBITDA | 569 M | ||||
| Net Income | 529 M | ||||
| Cash And Equivalents | 52 M | ||||
| Cash Per Share | 14.08 X | ||||
| Total Debt | 3.94 B | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 6.70 X | ||||
| Book Value Per Share | 116.50 X | ||||
| Cash Flow From Operations | 68 M | ||||
| Short Ratio | 4.53 X | ||||
| Earnings Per Share | 12.23 X | ||||
| Price To Earnings To Growth | 1.71 X | ||||
| Target Price | 145.0 | ||||
| Number Of Employees | 492 | ||||
| Beta | 1.52 | ||||
| Market Capitalization | 8.4 B | ||||
| Total Asset | 12.9 B | ||||
| Retained Earnings | 8.28 B | ||||
| Working Capital | 4.49 B | ||||
| Current Asset | 12.85 B | ||||
| Current Liabilities | 7.95 B | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.39 % | ||||
| Net Asset | 12.9 B | ||||
| Last Dividend Paid | 0.3 |
About Onex Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Onex Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Onex Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Onex Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Onex Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Onex Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Onex Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Onex Stock
| 0.75 | AEMC | Alaska Energy Metals | PairCorr |
| 0.72 | CMC | Cielo Waste Solutions | PairCorr |
| 0.67 | EOG | Eco Atlantic Oil | PairCorr |
The ability to find closely correlated positions to Onex Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onex Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Onex Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Onex Corp to buy it.
The correlation of Onex Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Onex Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onex Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Onex Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Onex Stock
Onex Corp financial ratios help investors to determine whether Onex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Onex with respect to the benefits of owning Onex Corp security.