Onity Statistics

Share Statistics

Onity has 8.06M shares outstanding. The number of shares has increased by 2.08% in one year.

Shares Outstanding	8.06M
Shares Change (YoY)	2.08%
Shares Change (QoQ)	1.72%
Owned by Institutions (%)	n/a
Shares Floating	6.53M
Failed to Deliver (FTD) Shares	328
FTD / Avg. Volume	0.66%

Short Selling Information

The latest short interest is 95.39K, so 1.19% of the outstanding shares have been sold short.

Short Interest	95.39K
Short % of Shares Out	1.19%
Short % of Float	1.3%
Short Ratio (days to cover)	2.33

Valuation Ratios

The PE ratio is 7.08 and the forward PE ratio is 3.86. Onity's PEG ratio is -0.05.

PE Ratio	7.08
Forward PE	3.86
PS Ratio	0.22
Forward PS	0.3
PB Ratio	0.49
P/FCF Ratio	-0.3
PEG Ratio	-0.05

Financial Ratio History

Enterprise Valuation

Onity has an Enterprise Value (EV) of 14.79B.

EV / Sales	13.83
EV / EBITDA	57.76
EV / EBIT	-25.78
EV / FCF	-18.33

Financial Position

The company has a current ratio of 53.38, with a Debt / Equity ratio of 29.9.

Current Ratio	53.38
Quick Ratio	4.19
Debt / Equity	29.9
Debt / EBITDA	57.55
Debt / FCF	-18.26
Interest Coverage	0

Financial Efficiency

Return on Equity is 6.88% and Return on Invested Capital is 1.32%.

Return on Equity	6.88%
Return on Assets	0.21%
Return on Invested Capital	1.32%
Revenue Per Employee	$254.6K
Profits Per Employee	$8.07K
Employee Count	4,200
Asset Turnover	0.07
Inventory Turnover	0.05

Taxes

Income Tax	5.4M
Effective Tax Rate	13.74%

Stock Price Statistics

The stock price has increased by 49.65% in the last 52 weeks. The beta is 1.42, so Onity's price volatility has been higher than the market average.

Beta	1.42
52-Week Price Change	49.65%
50-Day Moving Average	37.76
200-Day Moving Average	33.97
Relative Strength Index (RSI)	52.36
Average Volume (20 Days)	49,708

Income Statement

In the last 12 months, Onity had revenue of 1.07B and earned 33.9M in profits. Earnings per share was 4.28.

Revenue	1.07B
Gross Profit	495.6M
Operating Income	247.8M
Net Income	33.9M
EBITDA	256.1M
EBIT	247.8M
Earnings Per Share (EPS)	4.28

Full Income Statement

Balance Sheet

The company has 184.8M in cash and 14.74B in debt, giving a net cash position of -14.55B.

Cash & Cash Equivalents	184.8M
Total Debt	14.74B
Net Cash	-14.55B
Retained Earnings	-117.6M
Total Assets	16.26B
Working Capital	13B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -573.8M and capital expenditures -233.2M, giving a free cash flow of -807M.

Operating Cash Flow	-573.8M
Capital Expenditures	-233.2M
Free Cash Flow	-807M
FCF Per Share	-103.25

Full Cash Flow Statement

Margins

Gross margin is 46.35%, with operating and profit margins of 23.17% and 3.17%.

Gross Margin	46.35%
Operating Margin	23.17%
Pretax Margin	3.68%
Profit Margin	3.17%
EBITDA Margin	23.95%
EBIT Margin	23.17%
FCF Margin	-75.47%

Dividends & Yields

ONIT does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Payout Ratio	n/a
Earnings Yield	14.12%
FCF Yield	-336.21%

Dividend Details

Analyst Forecast

The average price target for ONIT is $55, which is 41.1% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$55
Price Target Difference	41.1%
Analyst Consensus	Strong Buy
Analyst Count	2

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	78.45
Graham Upside	101.31%

Stock Splits

The last stock split was on Aug 14, 2020. It was a backward split with a ratio of 1:15.

Last Split Date	Aug 14, 2020
Split Type	backward
Split Ratio	1:15

Scores

Altman Z-Score	1.08
Piotroski F-Score	4

Onity Group Inc. (ONIT)