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OnexONEXF -0.96%67 Equity-to-Asset is 0.93 as of Jun. 2026, which is 48% above its 10-year median of 0.63. GuruFocus rates ONEXF with a GF Score™ of 67/100 and a GF Value™ of $65.34 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,633 Asset Management companies, Onex ranks better than 67.24% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Onex's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $9,676.0 Mil. Onex's Total Assets for the quarter that ended in Jun. 2026 was $10,422.0 Mil.
Therefore, Onex's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.93.
The historical rank and industry rank for Onex's Equity-to-Asset or its related term are showing as below:
ONEXF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.02 Med: 0.63 Max: 0.93
Current: 0.93
During the past 13 years, the highest Equity to Asset Ratio of Onex was 0.93. The lowest was -0.02. And the median was 0.63.
ONEXF's Equity-to-Asset is ranked better than 67.24% of 1633
companies
in the Asset Management industry
Industry Median: 0.83
vs ONEXF: 0.93
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Onex Equity-to-Asset Related Terms
Onex Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Onex's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Onex's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Onex's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Onex's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (ONEXF) has a Equity-to-Asset of 0.93 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Onex and its competitors. This is 48% above median its historical median of 0.63. According to the industry distribution chart, Onex ranks #535 out of 1633 companies in the Asset Management industry, placing it in the top 32.8%.
Is Onex's Equity-to-Asset too high?
Onex's current Equity-to-Asset of 0.93 is 48% above median its 10-year median of 0.63. The Asset Management industry median Equity-to-Asset is 0.83. Onex's value of 0.93 is 12% above this industry median. Based on the distribution chart, Onex ranks #535 out of 1633 companies in the Asset Management industry, which is above the industry midpoint. Overall, Onex has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Onex's Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Onex ranks #535 out of 1633 companies for Equity-to-Asset. This puts Onex in the upper half of its industry. The industry median Equity-to-Asset is 0.83. Onex's value of 0.93 is 12% above this benchmark. While the company's 10-year median is 0.63 vs. the industry median of 0.83, 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onex's current Equity-to-Asset of 0.93 is 12% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Onex and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onex's current Equity-to-Asset is 0.93, which is 48% above median its own 10-year median of 0.63. 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?
Based on GuruFocus' analysis, Onex (ONEXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $65.34, compared to a current price of $82.70 — trading 26.6% above its estimated fair value. The current Equity-to-Asset is 0.93, which is 48% above median its 10-year median of 0.63 and 12% above the Asset Management industry median of 0.83. Onex's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Onex (ONEXF), the current Equity-to-Asset is 0.93 as of Jun. 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 (ONEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Onex stock appears to be overvalued.
The current stock price of $82.70 is trading 26.6% above its estimated GF Value™ of $65.34.
GuruFocus considers Onex to be Modestly Overvalued.
Key valuation signals for ONEXF:
Equity-to-Asset: 0.93 (48% above median its 10-year median of 0.63)
GF Value™: $65.34 vs. price of $82.70 (26.6% above fair value)
Industry Position: 12% above the Asset Management median (#535 of 1633)
No single metric tells the full story. See the ONEXF 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.
67GF Score
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