Onex Corp

Chart & Performance

D1W1MN

P/E

10.74

P/S

5.06

EPS

7.15

Div Yield, %

0.29%

Shrs. gr., 5y

-4.79%

Rev. gr., 5y

-45.71%

Revenues

1.08b

+147.83%

Net income

529m

+125.11%

CFO

68m

Dividend

Oct 10, 20240.1 CAD/sh

Earnings

Feb 21, 2025

Profile

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.

URL

http://www.onex.com/

IPO date

Apr 13, 1987

Employees

597

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,083,000 147.83%	437,000 -78.48%	2,031,000 78.47%
Cost of revenue	323,000	134,000	569,000
Unusual Expense (Income)
NOPBT	760,000	303,000	1,462,000
NOPBT Margin	70.18%	69.34%	71.98%
Operating Taxes	3,000	(1,000)	(1,000)
Tax Rate	0.39%
NOPAT	757,000	304,000	1,463,000
Net income	529,000 125.11%	235,000 -83.27%	1,405,000 92.47%
Dividends	(24,000)	(26,000)	(28,000)
Dividend yield	0.33%	0.47%	0.32%
Proceeds from repurchase of equity	(196,000)	(321,000)	(249,000)
BB yield	2.68%	5.78%	2.82%
Debt
Debt current
Long-term debt	3,996,000	3,628,000	3,897,000
Deferred revenue
Other long-term liabilities	50,000	68,000	53,000
Net debt	(3,916,000)	(3,922,000)	(4,179,000)
Cash flow
Cash from operating activities	68,000	(384,000)	361,000
CAPEX	(8,000)	(8,000)
Cash from investing activities	55,000	234,000	(55,000)
Cash from financing activities	30,000	(282,000)	(465,000)
FCF	4,079,000	60,000	(2,026,000)
Balance
Cash	265,000	161,000	790,000
Long term investments	7,647,000	7,389,000	7,286,000
Excess cash	7,857,850	7,528,150	7,974,450
Stockholders' equity	8,565,000	8,251,000	8,389,000
Invested Capital	4,691,150	4,347,850	4,278,550
ROIC	16.75%	7.05%	34.03%
ROCE	6.06%	2.55%	11.93%
EV
Common stock shares outstanding	79,000	85,000	89,000
Price	92.53 41.72%	65.29 -34.24%	99.28 35.89%
Market cap	7,309,870 31.72%	5,549,650 -37.19%	8,835,920 25.98%
EV	3,393,870	1,627,650	4,656,920
EBITDA	795,000	369,000	1,521,000
EV/EBITDA	4.27	4.41	3.06
Interest	2,000	2,000	2,000
Interest/NOPBT	0.26%	0.66%	0.14%