KONE Oyj (OTCMKTS:KNYJY) vs. Onyx Acquisition Co. I (NASDAQ:ONYX) Head to Head Survey

Onyx Acquisition Co. I (NASDAQ:ONYX) and KONE Oyj (OTCMKTS:KNYJY) are both unclassified companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, earnings, valuation, risk, profitability and dividends.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Onyx Acquisition Co. I and KONE Oyj, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Onyx Acquisition Co. I	0	0	0	0	N/A
KONE Oyj	0	1	1	0	2.50

Insider and Institutional Ownership

23.3% of Onyx Acquisition Co. I shares are held by institutional investors. 76.7% of Onyx Acquisition Co. I shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Volatility and Risk

Onyx Acquisition Co. I has a beta of 0.02, indicating that its share price is 98% less volatile than the S&P 500. Comparatively, KONE Oyj has a beta of 0.68, indicating that its share price is 32% less volatile than the S&P 500.

Valuation and Earnings

This table compares Onyx Acquisition Co. I and KONE Oyj”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Onyx Acquisition Co. I	N/A	N/A	N/A	N/A	N/A
KONE Oyj	$11.85 billion	2.42	$1.00 billion	$0.99	27.31

KONE Oyj has higher revenue and earnings than Onyx Acquisition Co. I.

Profitability

This table compares Onyx Acquisition Co. I and KONE Oyj’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Onyx Acquisition Co. I	N/A	N/A	N/A
KONE Oyj	8.97%	39.49%	11.41%

Summary

KONE Oyj beats Onyx Acquisition Co. I on 6 of the 8 factors compared between the two stocks.

About Onyx Acquisition Co. I

Onyx Acquisition Co. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in general industrials and construction technology sectors. The company was incorporated in 2021 and is based in New York, New York.

About KONE Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators. Further, it provides people flow planning and consulting services; solutions for special buildings and large projects; cybersecurity solutions; and energy solutions for greener buildings. KONE Oyj was founded in 1908 and is based in Espoo, Finland.