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Onex Corporation (ONEX) Fair Value & Analysis

Financial Services · CA · Market cap C$8.3B

OC Onex Corporation ONEX · TO
PriceC$104.75
Fair ValueC$140.09
Upside+33.7%
Quality95/100
Evidence: High Range C$105.06 – C$175.11

Fair value as of: Jun 26, 2026

From 20 valuation models · updated 4 days ago

Fair value updated Jun 26, 2026 — revised from C$97.19 to C$140.09 (+44.1%) since Jun 24, 2026. Share price −3.7% over the past month.

Price vs Fair Value (12 months)

C$123.90 C$94.68 Fair Value C$140.09 Jun 2025 Jun 2026

12‑month range C$94.68 – C$123.90 · fair‑value band C$105.06 – C$175.11 · the C$104.75 price screens below the C$140.09 fair value. As of Jun 26, 2026.

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Analysis

Onex Corporation (ONEX) currently trades at C$104.75, while our model-based Fair Value estimate is C$140.09 — implying the stock looks roughly 33.7% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Onex Corporation generated revenue of C$848M at a net margin of 68.2%. Revenue declined 10.4% year over year. It earns a return on equity of 6.4%. The balance sheet holds a net cash position of C$1.3B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) C$848M
Revenue growth (YoY) -10.4%
Net margin 68.2%
Return on equity 6.4%
Free cash flow C$671M FY2025
P/E ratio 9.5
More key figures
Operating margin 75.1%
EPS (TTM) C$11.50
Dividend yield 0.3%
EPS growth (YoY) -25.4%
Net cash C$1.3B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, turnaround, upper-middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, Industry consolidation, 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 industrials, Health and Wellness, financial services, consumer, and business services & software. It invests in global businesses headquartered in North America, including United States, Canada, and Europe. The firm seeks to invest between $125 million and $1000 million 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-investm…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Onex Corporation reported revenue of C$293M in FY2025 versus C$2.0B in FY2021, a compound −38.4%/yr. Reported net income was C$628M in FY2025, compounding −18.2%/yr from FY2021.

Revenue −38.4%/yr
FY21 C$2.0B
FY22 C$437M
FY23 C$1.1B
FY24 C$647M
FY25 C$293M
Net income −18.2%/yr
FY21 C$1.4B
FY22 C$235M
FY23 C$529M
FY24 C$303M
FY25 C$628M

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Frequently asked questions

Is Onex Corporation (ONEX) undervalued?
As of Jun 26, 2026, our model estimates a fair value of C$140.09 versus a price of C$104.75 — about +34% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ONEX?
Our 21-model fair value for Onex Corporation is C$140.09 (as of Jun 26, 2026), built from audited fundamentals. The current price is C$104.75.
What is the quality score of ONEX?
Onex Corporation has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Onex Corporation (ONEX)?
Onex Corporation reported trailing-twelve-month revenue of about C$848M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of ONEX?
The net profit margin of Onex Corporation is about 68.2%, meaning it keeps roughly 68.2% of revenue as net income. Based on the latest reported figures.
Does Onex Corporation pay a dividend?
Onex Corporation currently shows a dividend yield of about 0.27% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.