XNYS
ONIT
Market cap298mUSD
May 16, Last price
38.19USD
1D
-1.37%
1Q
7.09%
Name
Ocwen Financial Corp
Chart & Performance
Profile
Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Originations segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans to owners of mortgage loans and foreclosed real estate. The company also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. Ocwen Financial Corporation serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was founded in 1988 and is headquartered in West Palm Beach, Florida.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 1,069,300 2.62% | 1,042,000 4.25% | 999,500 -7.15% | |||||||
Cost of revenue | 710,600 | 176,000 | 689,300 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 358,700 | 866,000 | 310,200 | |||||||
NOPBT Margin | 33.55% | 83.11% | 31.04% | |||||||
Operating Taxes | 5,300 | 5,600 | (800) | |||||||
Tax Rate | 1.48% | 0.65% | ||||||||
NOPAT | 353,400 | 860,400 | 311,000 | |||||||
Net income | 33,900 -153.22% | (63,700) -347.86% | 25,700 41.99% | |||||||
Dividends | (500) | |||||||||
Dividend yield | 0.20% | |||||||||
Proceeds from repurchase of equity | (1,300) | (50,000) | ||||||||
BB yield | 0.52% | |||||||||
Debt | ||||||||||
Debt current | 54,100 | 1,010,400 | 53,100 | |||||||
Long-term debt | 14,692,900 | 10,419,400 | 10,426,400 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 1,006,200 | 1,482,800 | 1,277,000 | |||||||
Net debt | 14,562,200 | 11,115,300 | 10,229,300 | |||||||
Cash flow | ||||||||||
Cash from operating activities | (573,800) | (61,300) | 173,200 | |||||||
CAPEX | (800) | (175,100) | (5,500) | |||||||
Cash from investing activities | 401,300 | (28,600) | (149,100) | |||||||
Cash from financing activities | 182,900 | 70,800 | (13,400) | |||||||
FCF | (11,782,200) | 7,569,900 | 280,479 | |||||||
Balance | ||||||||||
Cash | 184,800 | 255,100 | 208,000 | |||||||
Long term investments | 59,400 | 42,200 | ||||||||
Excess cash | 131,335 | 262,400 | 200,225 | |||||||
Stockholders' equity | (66,400) | (152,700) | (90,300) | |||||||
Invested Capital | 16,303,500 | 13,456,900 | 12,280,700 | |||||||
ROIC | 2.37% | 6.69% | 2.56% | |||||||
ROCE | 2.21% | 6.51% | 2.54% | |||||||
EV | ||||||||||
Common stock shares outstanding | 8,088 | 7,636 | 8,997 | |||||||
Price | 30.71 | |||||||||
Market cap | 248,368 | |||||||||
EV | 14,860,468 | |||||||||
EBITDA | 367,000 | 878,100 | 325,000 | |||||||
EV/EBITDA | 40.49 | |||||||||
Interest | 273,600 | 186,000 | ||||||||
Interest/NOPBT | 31.59% | 59.96% |