Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
OnexFRA:ONE -1.43%72 EV-to-EBITDA is 10.55 as of Aug. 08, 2026, which is 27% below its 10-year median of 14.54. GuruFocus rates FRA:ONE with a GF Score™ of 72/100 and a GF Value™ of €70.00. The stock has 3 warning signs investors should review. Among 512 Asset Management companies, Onex ranks worse than 60.35% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Onex's enterprise value is €5,570.5 Mil.
Onex's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €528.1 Mil. Therefore, Onex's EV-to-EBITDA for today is 10.55.
The historical rank and industry rank for Onex's EV-to-EBITDA or its related term are showing as below:
FRA:ONE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.51 Med: 14.54 Max: 142.03
Current: 10.28
During the past 13 years, the highest EV-to-EBITDA of Onex was 142.03. The lowest was 1.51. And the median was 14.54.
FRA:ONE's EV-to-EBITDA is ranked worse than 60.35% of 512
companies
in the Asset Management industry
Industry Median: 8.59
vs FRA:ONE: 10.28
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-08), Onex's stock price is €69.00.
Onex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €7.115. Therefore, Onex's PE Ratio (TTM) for today is 9.70.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Onex's share price for today is €69.00.
Onex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €7.115.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Onex's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Onex's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Onex EV-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Onex's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Onex's EV-to-EBITDA falls into.
Onex's current Enterprise Value is €5,570.5 Mil.
Onex's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €528.1 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Onex (FRA:ONE) has a EV-to-EBITDA of 10.55 as of Aug. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Onex. This is 27% below median its historical median of 14.54. Over the past decade, Onex's EV-to-EBITDA has ranged from 1.51 to 142.03. According to the industry distribution chart, Onex ranks #309 out of 512 companies in the Asset Management industry, placing it in the top 60.4%.
Is Onex's EV-to-EBITDA too high?
Onex's current EV-to-EBITDA of 10.55 is 27% below median its 10-year median of 14.54. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 142.03. The Asset Management industry median EV-to-EBITDA is 8.59. Onex's value of 10.55 is 22.8% above this industry median. Based on the distribution chart, Onex ranks #309 out of 512 companies in the Asset Management industry, which is below the industry midpoint. Overall, Onex has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Onex's EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Onex ranks #309 out of 512 companies for EV-to-EBITDA. This places Onex in the lower half of its industry. The industry median EV-to-EBITDA is 8.59. Onex's value of 10.55 is 22.8% above this benchmark. Historically, Onex's own EV-to-EBITDA has ranged from 1.51 to 142.03 over the past decade. While the company's 10-year median is 14.54 vs. the industry median of 8.59, Onex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.59, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onex's current EV-to-EBITDA of 10.55 is 22.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Onex. For the Asset Management industry, the median EV-to-EBITDA is 8.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onex's current EV-to-EBITDA is 10.55, which is 27% below median its own 10-year median of 14.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onex stock overvalued right now?
Onex (FRA:ONE) has a current EV-to-EBITDA of 10.55. The stock's GF Value™ is €70.00, compared to a current price of €69.00 — trading 1.4% below its estimated fair value. The current EV-to-EBITDA is 10.55, which is 27% below median its 10-year median of 14.54 and 22.8% above the Asset Management industry median of 8.59. Onex's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Onex (FRA:ONE), the current EV-to-EBITDA is 10.55 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Onex (FRA:ONE) Overvalued in 2026?
Based on GuruFocus' analysis, Onex stock appears to be undervalued.
The current stock price of €69.00 is trading 1.4% below its estimated GF Value™ of €70.00.
Key valuation signals for FRA:ONE:
EV-to-EBITDA: 10.55 (27% below median its 10-year median of 14.54)
GF Value™: €70.00 vs. price of €69.00 (1.4% below fair value)
Industry Position: 22.8% above the Asset Management median (#309 of 512)
No single metric tells the full story. See the FRA:ONE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onex Corp is a private equity investor and asset management firm. The company operates in two reportable segments: Investing, which comprises the activity of investing Onex's capital, and Asset Management, which comprises the asset management activities provided by Onex to support its private equity and Credit strategies, as well as Onex's corporate functions. The majority of the company's revenue is generated through the Investing segment.
72GF Score
Get the complete analysis for FRA:ONE
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ONE has been successfully added to your 
