ONIT Onity Group Inc

  1. Stocks
  2. Financial Services
  3. NYSE: ONIT

Price (delayed)

$33.675

Market cap

$281.34M

P/E Ratio

1.97

Dividend/share

N/A

EPS

$17.09

Enterprise value

$10.47B

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Relative Growth: Rel. Growth: 80
Relative Strength: Rel. Strength: 25
Relative Valuation: Rel. Valuation: 96
Relative Profitability: Rel. Profitability: 96

Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest ...

Highlights
ONIT's P/E is 90% below its 5-year quarterly average of 20.3 and 52% below its last 4 quarters average of 4.2
ONIT's debt is down by 33% since the previous quarter and by 29% year-on-year
The equity has grown by 27% YoY but it has contracted by 3.1% from the previous quarter
ONIT's net income is down by 19% since the previous quarter
The company's EPS fell by 19% QoQ
Sector: Financial Services
Industry: Mortgage Finance
Website: http://www.ocwen.com
Peers: LDI IVR

Key stats

What are the main financial stats of ONIT

ONIT stock price

How has the Onity Group stock price performed over time
Intraday
-1.39%
1 week
-2.62%
1 month
-11.96%
1 year
-23.29%
YTD
-26.46%
QTD
-15.28%

Financial performance

How have Onity Group's revenue and profit performed over time
Revenue
$1.15B
Gross profit
$1.15B
Operating income
$370.9M
Net income
$141.7M
Gross margin
100%
Net margin
12.3%
The operating margin has contracted by 23% YoY and by 12% from the previous quarter
ONIT's net margin is down by 22% since the previous quarter
ONIT's net income is down by 19% since the previous quarter
The gross profit is up by 16% year-on-year and by 3.3% since the previous quarter

Price vs fundamentals

How does ONIT's price correlate with its fundamentals

Growth

What is Onity Group's growth rate over time

Valuation

What is Onity Group stock price valuation
ONIT P/E details
P/E
1.97
P/B
0.47
P/S
0.25
EV/EBIT
19.37
EV/EBITDA
19.18
EV/Sales
9.13
ONIT's P/E is 90% below its 5-year quarterly average of 20.3 and 52% below its last 4 quarters average of 4.2
The company's EPS fell by 19% QoQ
The equity has grown by 27% YoY but it has contracted by 3.1% from the previous quarter
ONIT's P/B is 22% below its last 4 quarters average of 0.6 and 6% below its 5-year quarterly average of 0.5
The P/S is 17% below the 5-year quarterly average of 0.3 and 17% below the last 4 quarters average of 0.3
The revenue has grown by 16% YoY and by 3.3% from the previous quarter

Efficiency

How efficient is Onity Group business performance
The company's return on equity fell by 24% QoQ
The ROIC has increased by 12% YoY and by 6% from the previous quarter
The ROA has contracted by 10% from the previous quarter
The company's return on sales fell by 6% QoQ and by 4.5% YoY

Dividends

What is ONIT's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for ONIT.

Financial health

How did Onity Group financials performed over time
The total assets is 6% higher than the total liabilities
The total liabilities has contracted by 31% from the previous quarter and by 27% YoY
The total assets has decreased by 30% QoQ and by 25% YoY
The company's debt to equity fell by 44% YoY and by 31% QoQ
ONIT's debt is down by 33% since the previous quarter and by 29% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.