Oct 13 close Sign in

Financials

Onex (ONEX)

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Sell31 / 100

Sell: 31 is at or below your Sell line of 40. Off the high (−16% from its 1-year high) scores 47 and lifts it; Plays in (21%) scores 21 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightONEXPointsWeightAdds
Plays in21%21408.4
Off the high−16% from its 1-year high473014.1
Trend−5% vs 200-day29308.7
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for ONEX
FactorONEXPointsWhat it is
Plays in21%21The share of the plays you count that hold it now.
Analysts' upside+50% · 5 analysts · capped: below 200-day50How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating2.0 · buy50The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E11.1×90Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E21.4×28Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG3.1914P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales7.6×21Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book0.6×99Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield0.4%11Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth−48%12Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth−38%1Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin66%98Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity5%29Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity0.00×97Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high−16% from its 1-year high47How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend−5% vs 200-day29How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum−11%23The price change over the last 12 months. Higher ranks higher.
Low crash exposure3/10 · moderate70The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on ONEX

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in21 / 100Every play Be The Puck tests, in 7 families.
Crash exposureModerate3 of 10 on the storm testMayer Multiple0.95×Price ÷ its 200-day average (−5%). Higher than on 18% of days since 2005. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about ONEX now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

ONEX, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved ONEX lately

Its biggest move against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on ONEX

All 100 plays, by family.

Calls right: how often the play's calls on ONEX went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyOUTSep 8, 2026 −6.2%Enter above C$105.94 (+3.0%)23% 158/673+1.5% / +8.6%−36.9% / −68.1%
Bull Market Support BandBenjamin Cowen · weeklyOUTSep 18, 2026 −5.9%Enter above C$109.23 (+6.2%)30% 29/97+6.0% / +8.6%−37.6% / −68.1%
Ripster EMA CloudRipster · dailyOUTSep 8, 2026 −6.2%Enter above C$108.03 (+5.0%)21% 82/383+4.9% / +8.6%−33.2% / −68.1%
Trend TemplateMark Minervini · dailyOUTNov 3, 2025 −13.9%Enter above C$348.91 (+239.2%)23% 26/115+4.3% / +8.6%−25.0% / −68.1%
Stage AnalysisStan Weinstein · weeklyOUTSep 25, 2026 −5.2%Enter above C$109.30 (+6.3%)23% 16/71+7.7% / +8.6%−32.7% / −68.1%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTOct 10, 2025 −11.2%Enter above C$120.24 (+16.9%)28% 23/81+4.4% / +8.6%−36.3% / −68.1%
10-Month SMAMeb Faber · month-endOUTSep 30, 2026 +0.9%Enter above C$107.77 (+4.8%)32% 12/37+9.0% / +8.6%−34.3% / −68.1%
200-Day RulePaul Tudor Jones · dailyOUTSep 23, 2026 −5.5%Enter above C$108.75 (+5.7%)12% 23/189+5.9% / +8.6%−36.2% / −68.1%
Golden CrossMarket tradition · dailyINAug 19, 2026 −8.6%Not on one close42% 11/26+3.4% / +8.6%−61.7% / −68.1%
Granville 200-DayJoseph E. Granville · dailyOUTSep 23, 2026 −5.5%Enter above C$216.33 (+110.3%)13% 19/141+6.4% / +8.6%−36.7% / −68.1%
Hull Moving AverageAlan Hull · weeklyOUTSep 18, 2026 −5.9%Enter above C$120.68 (+17.3%)43% 54/127+7.3% / +8.6%−45.1% / −68.1%
Kaufman Adaptive MAPerry J. Kaufman · dailyOUTSep 8, 2026 −6.2%Enter above C$105.73 (+2.8%)25% 193/787+1.1% / +8.6%−45.5% / −68.1%
TEMA CrossoverPatrick G. Mulloy · dailyOUTSep 1, 2026 −7.3%Enter above C$117.47 (+14.2%)36% 98/270+4.5% / +8.6%−53.6% / −68.1%
Seykota 15/150Ed Seykota · dailyOUTOct 1, 2026 −2.1%Enter above C$135.55 (+31.8%)24% 7/29+7.2% / +8.2%−42.4% / −68.1%
Guppy Multiple MAsDaryl Guppy · dailyOUTSep 10, 2026 −4.4%Enter above C$139.10 (+35.2%)32% 42/131+5.3% / +8.6%−47.8% / −68.1%
Ichimoku CloudGoichi Hosoda · dailyOUTSep 10, 2026 −4.4%Enter above C$113.12 (+10.0%)30% 38/125+4.6% / +8.6%−48.7% / −68.1%
SupertrendOlivier Seban · dailyOUTSep 10, 2026 −4.4%Enter above C$109.55 (+6.5%)36% 47/131+6.4% / +8.6%−37.6% / −68.1%
Williams AlligatorBill Williams · dailyOUTSep 11, 2026 −6.8%Not on one close44% 134/305+6.5% / +8.6%−31.2% / −68.1%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyOUTAug 31, 2026 −8.8%Enter above C$115.46 (+12.2%)36% 201/565+4.1% / +8.6%−49.4% / −68.1%
AroonTushar S. Chande · dailyOUTSep 9, 2026 −6.0%Enter above C$113.29 (+10.1%)38% 83/217+8.0% / +8.6%−42.3% / −68.1%
Parabolic SARJ. Welles Wilder Jr. · dailyOUTSep 8, 2026 −6.2%Enter above C$104.03 (+1.1%)41% 196/481+5.9% / +8.6%−54.8% / −68.1%
ADX TrendJ. Welles Wilder Jr. · dailyOUTJun 3, 2026 −4.1%Enter above C$113.51 (+10.4%)38% 60/157+3.9% / +8.6%−24.0% / −68.1%
MACD Zero LineGerald Appel · dailyOUTSep 10, 2026 −4.4%Enter above C$127.50 (+24.0%)32% 57/179+7.2% / +8.6%−36.9% / −68.1%
Zweig 4% ModelMartin Zweig · weeklyOUTSep 11, 2026 −6.8%Enter above C$107.57 (+4.6%)40% 65/163+5.9% / +8.6%−54.9% / −68.1%
MAMA/FAMA CrossJohn F. Ehlers · dailyOUTSep 14, 2026 −5.7%Enter above C$226.63 (+120.3%)33% 70/215+8.2% / +8.6%−27.5% / −68.1%
Schaff Trend CycleDoug Schaff · dailyINAug 25, 2026 −11.8%Not on one close41% 94/231+5.7% / +8.6%−46.7% / −68.1%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyOUTSep 10, 2026 −4.4%Enter above C$125.15 (+21.7%)32% 50/154+5.6% / +8.6%−37.1% / −68.1%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTSep 18, 2026 −5.9%Enter above C$144.01 (+40.0%)31% 33/105+4.7% / +8.6%−47.7% / −68.1%
Elder Triple ScreenAlexander Elder · dailyOUTSep 8, 2026 −6.2%Not on one close32% 74/229+3.6% / +8.6%−44.3% / −68.1%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTFeb 26, 2024 +5.1%Not on one close31% 17/54+0.7% / +8.6%−15.7% / −68.1%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTSep 8, 2026 −6.2%Enter above C$111.03 (+7.9%)43% 50/115+8.5% / +8.6%−46.6% / −68.1%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTAug 20, 2026 −8.1%Enter above C$115.16 (+12.0%)33% 42/129+4.3% / +8.6%−32.8% / −68.1%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTAug 20, 2026 −8.1%Enter above C$118.20 (+14.9%)34% 32/95+4.7% / +8.6%−32.0% / −68.1%
Clenow TrendAndreas F. Clenow · dailyOUTSep 8, 2026 −6.2%Enter above C$144.81 (+40.8%)38% 33/87+6.3% / +8.6%−23.2% / −68.1%
Darvas BoxNicolas Darvas · dailyOUTSep 8, 2026 −6.2%Enter above C$108.50 (+5.5%)42% 40/95+6.4% / +8.6%−39.6% / −68.1%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTAug 28, 2026 −9.0%Enter above C$112.95 (+9.8%)36% 49/138+3.8% / +8.6%−29.7% / −68.1%
Bollinger BreakoutJohn Bollinger · dailyOUTAug 28, 2026 −9.0%Enter above C$112.13 (+9.0%)37% 77/210+5.1% / +8.6%−37.5% / −68.1%
Chandelier ExitChuck LeBeau · dailyOUTSep 8, 2026 −6.2%Enter above C$110.39 (+7.3%)36% 64/179+4.9% / +8.6%−50.4% / −68.1%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyOUTSep 8, 2026 −6.2%Enter above C$109.22 (+6.2%)39% 61/157+7.2% / +8.6%−34.2% / −68.1%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyOUTSep 30, 2026 +0.9%Enter above C$118.21 (+14.9%)42% 24/57+9.0% / +8.6%−50.6% / −68.1%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTSep 8, 2026 −6.2%Enter above C$107.48 (+4.5%)25% 83/333+3.9% / +8.6%−38.4% / −68.1%
Acceleration BandsPrice Headley · dailyOUTApr 27, 2026 −8.6%Not on one close27% 38/142+1.6% / +8.6%−22.4% / −68.1%
TTM SqueezeJohn F. Carter · dailyOUTJan 21, 2026 −10.5%Not on one close38% 52/136+2.2% / +8.6%−31.1% / −68.1%
NR7 BreakoutToby Crabel · dailyOUTSep 8, 2026 −6.2%Enter above C$103.69 (+0.8%)32% 223/707+2.2% / +8.6%−42.7% / −68.1%
Bollinger SqueezeJohn Bollinger · dailyOUTJun 1, 2023 +71.6%Not on one close31% 10/32+1.3% / +8.6%−19.4% / −68.1%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endOUTJun 30, 2026 −2.8%Enter above C$125.92 (+22.4%)53% 10/19+9.7% / +8.4%−31.7% / −68.1%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endOUTJun 30, 2026 −2.8%Not on one close40% 6/15+8.6% / +8.4%−54.5% / −68.1%
Dual MomentumGary Antonacci · month-endOUTNov 28, 2025 −7.2%Enter above C$140.02 (+36.1%)48% 11/23+7.5% / +8.4%−31.7% / −68.1%
Stocks on the MoveAndreas F. Clenow · dailyOUTSep 14, 2026 −5.7%Not on one close19% 37/193+4.9% / +8.6%−35.8% / −68.1%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endOUTFeb 27, 2026 +1.7%Enter above C$113.55 (+10.4%)46% 6/13+8.9% / +8.6%−37.4% / −68.1%
Levy Relative StrengthRobert A. Levy · weeklyOUTMay 1, 2026 −10.8%Enter above C$114.49 (+11.3%)35% 38/109+4.9% / +8.6%−36.5% / −68.1%
MACD Signal CrossGerald Appel · dailyOUTAug 28, 2026 −9.0%Enter above C$105.23 (+2.3%)37% 158/427+5.1% / +8.6%−42.1% / −68.1%
Elder ImpulseAlexander Elder · dailyOUTSep 28, 2026 −2.2%Enter above C$104.72 (+1.8%)28% 233/839−1.8% / +8.6%−49.5% / −68.1%
Know Sure ThingMartin J. Pring · dailyOUTAug 28, 2026 −9.0%Enter above C$114.29 (+11.1%)42% 127/306+4.6% / +8.6%−52.2% / −68.1%
Coppock CurveEdwin S. C. Coppock · month-endOUTSep 30, 2026 +0.9%Enter above C$114.99 (+11.8%)40% 4/10+7.9% / +8.9%−54.5% / −68.1%
CCI +100Donald R. Lambert · dailyOUTAug 27, 2026 −9.9%Enter above C$113.52 (+10.4%)27% 164/601+2.0% / +8.6%−32.1% / −68.1%
TRIX Signal CrossJack K. Hutson · dailyOUTSep 1, 2026 −7.3%Enter above C$131.51 (+27.9%)43% 114/266+7.2% / +8.6%−50.4% / −68.1%
TSI Zero LineWilliam Blau · dailyOUTSep 10, 2026 −4.4%Enter above C$128.51 (+24.9%)32% 56/173+6.9% / +8.6%−40.3% / −68.1%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTSep 30, 2026 +0.9%Enter above C$105.11 (+2.2%)32% 23/73+8.4% / +8.4%−35.5% / −68.1%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endOUTJun 30, 2026 −2.8%Not on one close38% 5/13+6.7% / +7.3%−54.5% / −68.1%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyOUTJun 30, 2026 −2.8%Not on one close57% 20/35+9.0% / +8.4%−28.4% / −68.1%
PMO Signal CrossCarl Swenlin · dailyOUTAug 31, 2026 −8.8%Enter above C$111.02 (+7.9%)36% 120/335+7.0% / +8.6%−47.3% / −68.1%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyINOct 1, 2026 −2.1%Not on one close57% 17/30+3.3% / +8.6%−62.0% / −68.1%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTSep 3, 2026 −9.4%Not on one close61% 193/316+2.5% / +8.6%−53.3% / −68.1%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTSep 22, 2026 −6.4%Not on one close65% 263/406+6.7% / +8.6%−57.8% / −68.1%
Bollinger ReversionJohn Bollinger · dailyINSep 8, 2026 −6.2%Sell above C$106.00 (+3.1%)67% 128/191+2.8% / +8.6%−53.2% / −68.1%
Stochastic 20/80George C. Lane · dailyINSep 3, 2026 −9.4%Not on one close66% 96/145+6.0% / +8.6%−47.3% / −68.1%
Williams %RLarry Williams · dailyINSep 3, 2026 −9.4%Not on one close60% 171/285+1.8% / +8.6%−62.3% / −68.1%
DeMark 9-CountTom DeMark · dailyINMay 22, 2026 −1.9%Not on one close58% 38/66+3.3% / +8.6%−57.7% / −68.1%
Mayer MultipleTrace Mayer · dailyINNov 22, 2004 +523.1%Sell above C$262.85 (+155.5%)–+8.6% / +8.6%−68.1% / −68.1%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTMar 29, 2023 +65.4%Not on one close57% 8/14+1.7% / +8.6%−18.3% / −68.1%
Laguerre RSIJohn F. Ehlers · dailyINSep 4, 2026 −9.6%Not on one close42% 129/307−1.2% / +8.6%−68.2% / −68.1%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyINAug 24, 2026 −10.7%Not on one close56% 231/414+4.6% / +8.6%−47.5% / −68.1%
IBS ReversionAlexander S. Pagonidis · dailyOUTSep 29, 2026 −0.5%Buy below C$102.86 (0.0%)58% 1060/1812+7.5% / +8.6%−26.2% / −68.1%
Connors %bLarry Connors & Cesar Alvarez · dailyOUTDec 5, 2025 −8.7%Not on one close52% 47/90+1.8% / +8.6%−53.7% / −68.1%
Fisher TransformJohn F. Ehlers · dailyINOct 13, 2026 0.0%Exit below C$101.80 (−1.0%)38% 397/1049+2.4% / +8.6%−51.3% / −68.1%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINSep 30, 2026 +0.9%Sell above C$104.00 (+1.1%)54% 68/125+5.2% / +8.6%−49.8% / −68.1%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyOUTSep 8, 2026 −6.2%Not on one close30% 219/721+4.2% / +8.6%−33.4% / −68.1%
Chaikin Money FlowMarc Chaikin · dailyINOct 1, 2026 −2.1%Not on one close42% 93/221+4.3% / +8.6%−55.8% / −68.1%
Money Flow IndexGene Quong & Avrum Soudack · dailyOUTApr 28, 2026 −9.0%Not on one close67% 35/52+6.1% / +8.6%−62.0% / −68.1%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyINApr 9, 2025 +9.1%Not on one close44% 53/120+10.3% / +8.6%−43.0% / −68.1%
Force IndexAlexander Elder · dailyOUTAug 28, 2026 −9.0%Enter above C$104.67 (+1.8%)28% 215/759+2.5% / +8.6%−40.5% / −68.1%
Buff AveragesBuff Dormeier · dailyOUTSep 1, 2026 −7.3%Enter above C$116.47 (+13.2%)34% 134/389+5.3% / +8.6%−49.4% / −68.1%
Chaikin OscillatorMarc Chaikin · dailyINOct 2, 2026 −2.0%Not on one close34% 220/643−2.4% / +8.6%−72.9% / −68.1%
Volume Flow IndicatorMarkos Katsanos · dailyOUTOct 8, 2026 +0.4%Not on one close26% 29/111+0.4% / +8.6%−56.9% / −68.1%
Klinger OscillatorStephen J. Klinger · dailyINOct 9, 2026 −0.6%Sell C$102.77–C$102.95 (−0.1%)39% 334/862+7.1% / +8.6%−37.5% / −68.1%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyINOct 9, 2026 −0.6%Not on one close41% 61/150+2.2% / +8.6%−61.6% / −68.1%
HikkakeDaniel L. Chesler · dailyOUTSep 8, 2026 −6.2%Not on one close28% 33/118+0.7% / +8.6%−55.1% / −68.1%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTJul 9, 2026 −3.3%Not on one close46% 22/48+1.7% / +8.6%−16.6% / −68.1%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 −10.0%Buys Oct 3044% 19/43+7.3% / +8.6%−54.5% / −68.1%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyOUTApr 27, 2026 −8.6%Enter above C$102.62 (−0.2%)51% 22/43+6.4% / +8.6%−55.4% / −68.1%
Seasonal TimingSy Harding · dailyOUTApr 30, 2026 −10.0%Window opens Oct 1647% 20/43+5.9% / +8.6%−56.8% / −68.1%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 −11.0%Buys Dec 2339% 17/44+3.3% / +8.6%−4.9% / −68.1%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 −2.6%Buys Oct 2949% 259/526+4.2% / +8.6%−30.5% / −68.1%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 +0.9%Sells Jun 3055% 6/11+5.2% / +8.6%−23.2% / −68.1%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −9.6%Buys Nov 2448% 185/386+2.5% / +8.6%−6.1% / −68.1%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +60.4%Not on one close40% 8/20+7.0% / +8.6%−35.2% / −68.1%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1651% 1169/2284+5.6% / +8.6%−63.0% / −68.1%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 −5.2%Buys Oct 2747% 163/348+2.1% / +8.6%−11.5% / −68.1%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 −2.0%Sells Oct 1651% 277/541+6.8% / +8.6%−50.4% / −68.1%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINJan 4, 2005Always in–+8.6%−68.1%

If the market cracks: the storm test

How the storm test works
ExposureModerate3 of 10 points
  • Market swings1/3
  • Past crashes2/2
  • Debt0/3
  • Run-up0/2
  • It fell about 1.8× as far as its index in past crashes.

Past crashes, peak to low

Financial crisis Oct 2007 to Mar 2009 · back to its old high Apr 2012

ONEX−66%
TSX−47%

COVID crash Feb 2020 to Mar 2020 · back to its old high May 2021

ONEX−52%
TSX−37%

2022 bear market Jan 2022 to Sep 2022 · back to its old high Jan 2024

ONEX−37%
TSX−14%
  • Beta0.86Moves about 0.9× as much as the TSX week to week.
  • Downside capture176%In months the TSX fell, this fell 176% as much on average.
  • Two-year change+5%
  • From 52-week high−16%
  • Debt to equity0.00×
  • Net debt / EBITDANet cashHolds more cash than debt.
  • Interest cover622.0×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Asset Management · 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.

Size and valuation
Market capC$7.8BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)$726MTotal sales.
P/E ratio11.1×Buyers pay C$11 for each C$1 of the last year's profit.
Forward P/E21.4×Price against analysts' estimate of next year's profit.
Price to book0.6×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin66.1%Keeps 66¢ of each dollar of sales as profit.
Revenue growth−38.4%Last quarter's sales against the same quarter a year earlier.
Earnings growth−48.2%Same comparison for profit.
Return on equity5.3%Yearly profit as a share of shareholders' money in the business.
Free cash flow$699MCash left after running and investing in the business.
Balance sheet
Total equity$8.8BWhat it owns minus what it owes.
Total debt$28.0MLoans and bonds it has to pay back, with interest.
Cash$129MCash and short-term investments on hand.
Debt to equity0.00×Comfortable.
Interest cover622.0×Interest is easily paid from profit.
Wall Street
Average analyst targetC$154.0050% above the close, from 5 analysts (range C$135.00 to C$175.00).
Consensus ratingBuyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield0.39%Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Read more

Reports for Be The Puck Members.

Email meTest a theory

Free account

Know the moment the light flips on your stocks.

Follow your stocks and get an email with the analysis the evening a light flips. Member tools are free until January 1, 2027.