ONEX vs. BAM, IGM, CIX, SII, FIH.U, UNC, CVG, GCG.A, CGI, and SEC
Should you be buying Onex stock or one of its competitors? The main competitors of Onex include Brookfield Asset Management (BAM), IGM Financial (IGM), CI Financial (CIX), Sprott (SII), Fairfax India (FIH.U), United Co.s (UNC), Clairvest Group (CVG), Guardian Capital Group (GCG.A), Canadian General Investments (CGI), and Senvest Capital (SEC). These companies are all part of the "asset management" industry.
Onex (TSE:ONEX) and Brookfield Asset Management (TSE:BAM) are both financial services companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, community ranking, earnings, profitability, institutional ownership, dividends and risk.
35.6% of Onex shares are owned by institutional investors. Comparatively, 66.3% of Brookfield Asset Management shares are owned by institutional investors. 16.4% of Onex shares are owned by company insiders. Comparatively, 14.1% of Brookfield Asset Management shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Onex currently has a consensus target price of C$113.00, indicating a potential upside of 17.04%. Given Onex's higher probable upside, equities research analysts plainly believe Onex is more favorable than Brookfield Asset Management.
Onex has a net margin of 69.02% compared to Brookfield Asset Management's net margin of 45.32%. Brookfield Asset Management's return on equity of 18.79% beat Onex's return on equity.
Onex pays an annual dividend of C$0.40 per share and has a dividend yield of 0.4%. Brookfield Asset Management pays an annual dividend of C$2.09 per share and has a dividend yield of 3.9%. Onex pays out 3.0% of its earnings in the form of a dividend. Brookfield Asset Management pays out 143.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Onex received 45 more outperform votes than Brookfield Asset Management when rated by MarketBeat users. However, 73.59% of users gave Brookfield Asset Management an outperform vote while only 57.00% of users gave Onex an outperform vote.
Onex has higher earnings, but lower revenue than Brookfield Asset Management. Onex is trading at a lower price-to-earnings ratio than Brookfield Asset Management, indicating that it is currently the more affordable of the two stocks.
In the previous week, Onex and Onex both had 3 articles in the media. Brookfield Asset Management's average media sentiment score of 1.55 beat Onex's score of 0.47 indicating that Brookfield Asset Management is being referred to more favorably in the news media.
Summary
Onex beats Brookfield Asset Management on 10 of the 17 factors compared between the two stocks.
Get Onex News Delivered to You Automatically
Sign up to receive the latest news and ratings for ONEX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ONEX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Related Companies and Tools
