Onity Group Inc. (ONIT) vs Pineapple Financial Inc. (PTIV)

Onity Group Inc. and Pineapple Financial Inc. are both Mortgage Finance companies. Onity Group Inc. is the larger, with a market value of $269.2M against $19.2M — 14.0× the size. Pineapple Financial Inc. has negative trailing earnings, so its P/E is not meaningful; Onity Group Inc. trades at 2.0×. Onity Group Inc. grew revenue faster over the last twelve months: 14.4% against −2.54%. Onity Group Inc. has the higher net margin (10.8% vs −90.2%) and the higher return on invested capital (0.00% vs −0.40%). Across the 16 metrics below, Onity Group Inc. leads on 10 and Pineapple Financial Inc. on 6.

Valuation

Metric ONIT PTIV Mortgage Finance median
P/E 2.03 n/m 10.24
P/S 0.23 6.70 1.52
P/B 0.43 0.36 0.52
Price to free cash flow n/m n/m 4.71
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 49.17% (881.12%) (2.50%)
Free cash flow yield (851.67%) (31.21%) (9.21%)

Profitability

Metric ONIT PTIV Mortgage Finance median
Gross margin 100.00% 100.00% 81.25%
Operating margin 0.00% 25.36% 1.91%
Net margin 10.77% (90.19%) (1.66%)
Free cash flow margin (153.58%) (209.14%) (15.01%)
Return on equity 22.22% (9.57%) (1.94%)
Return on assets 0.90% (6.23%) (0.23%)
Return on invested capital 0.00% (0.40%) 0.00%

Growth

Metric ONIT PTIV Mortgage Finance median
Revenue growth (TTM) 14.36% (2.54%) 7.49%
EPS growth (last fiscal year) 419.61% 52.41% 20.88%
Revenue growth, 5-year CAGR 2.11% 2.13% (11.12%)
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ONIT PTIV Mortgage Finance median
Debt to equity 0.00 0.42 0.94
Current ratio 0.00 1.00 1.07
Net debt to EBITDA 26.42 0.53 15.25

Dividend

Metric ONIT PTIV Mortgage Finance median
Dividend yield — — 7.01%
Payout ratio — — —

Size

Metric ONIT PTIV Mortgage Finance median
Market cap 269.18m 19.21m 269.18m

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