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OneMain Holdings

DB:0S1
Snowflake Description

Very undervalued average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0S1
DB
$3B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

OneMain Holdings, Inc., through its subsidiaries, provides consumer finance and insurance products and services. The last earnings update was 45 days ago. More info.


Add to Portfolio Compare Print
  • OneMain Holdings has significant price volatility in the past 3 months.
0S1 Share Price and Events
7 Day Returns
20.5%
DB:0S1
6%
Europe Consumer Finance
7.3%
DE Market
1 Year Returns
-31.1%
DB:0S1
-48.3%
Europe Consumer Finance
-17.7%
DE Market
0S1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OneMain Holdings (0S1) 20.5% -41.5% -47.1% -31.1% -11.2% -
Europe Consumer Finance 6% -34.5% -40.3% -48.3% -64.4% -63.3%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 0S1 outperformed the Consumer Finance industry which returned -48.3% over the past year.
  • 0S1 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
0S1
Industry
5yr Volatility vs Market

Value

 Is OneMain Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of OneMain Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for OneMain Holdings.

DB:0S1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity
= $32.50 * 32%
$10.41
Book Value of Equity per Share Weighted future Book Value estimates from 7 analysts. $32.50
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:0S1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.586 (1 + (1- 21%) (639.63%))
2.705
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:0S1 using Excess Returns Model Model

The calculations below outline how an intrinsic value for OneMain Holdings is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:0S1 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (32% – 10.49%) * $32.50)
$7.00
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $7.00 / (10.49% - -0.39%)
$64.35
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $32.50 + $64.35
$96.84
DB:0S1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0S1 represents 1.002x of NYSE:OMF
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.002x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 96.84 x 1.002
€97.04
Value per share (EUR) From above. €97.04
Current discount Discount to share price of €20.00
= -1 x (€20.00 - €97.04) / €97.04
79.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price OneMain Holdings is available for.
Intrinsic value
>50%
Share price is €20 vs Future cash flow value of €97.04
Current Discount Checks
For OneMain Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • OneMain Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • OneMain Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OneMain Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OneMain Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0S1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $6.28
NYSE:OMF Share Price ** NYSE (2020-03-30) in USD $19.96
Europe Consumer Finance Industry PE Ratio Median Figure of 27 Publicly-Listed Consumer Finance Companies 5.55x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OneMain Holdings.

DB:0S1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:OMF Share Price ÷ EPS (both in USD)

= 19.96 ÷ 6.28

3.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OneMain Holdings is good value based on earnings compared to the Europe Consumer Finance industry average.
  • OneMain Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does OneMain Holdings's expected growth come at a high price?
Raw Data
DB:0S1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
7.1%per year
Europe Consumer Finance Industry PEG Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 0.41x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:0S1 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 3.18x ÷ 7.1%

0.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OneMain Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on OneMain Holdings's assets?
Raw Data
DB:0S1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $31.81
NYSE:OMF Share Price * NYSE (2020-03-30) in USD $19.96
Europe Consumer Finance Industry PB Ratio Median Figure of 42 Publicly-Listed Consumer Finance Companies 0.71x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:0S1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:OMF Share Price ÷ Book Value per Share (both in USD)

= 19.96 ÷ 31.81

0.63x

* Primary Listing of OneMain Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OneMain Holdings is good value based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess OneMain Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. OneMain Holdings has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is OneMain Holdings expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OneMain Holdings expected to grow at an attractive rate?
  • OneMain Holdings's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • OneMain Holdings's earnings growth is positive but not above the Germany market average.
  • OneMain Holdings's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0S1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0S1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 7.1%
DB:0S1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 20%
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0S1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0S1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 4,704 1,048 1
2021-12-31 4,488 978 7
2020-12-31 4,200 881 8
2020-03-30
DB:0S1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,685 2,362 855
2019-09-30 2,567 2,319 762
2019-06-30 2,465 2,247 662
2019-03-31 2,375 2,039 475
2018-12-31 2,318 2,046 447
2018-09-30 2,264 1,771 318
2018-06-30 2,197 1,759 239
2018-03-31 2,107 1,666 274
2017-12-31 2,014 1,555 183
2017-09-30 1,916 1,426 171
2017-06-30 1,838 1,403 127
2017-03-31 1,847 1,350 111

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OneMain Holdings's earnings are expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).
  • OneMain Holdings's revenue is expected to grow by 20% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0S1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from OneMain Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0S1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 8.17 8.60 7.74 2.00
2021-12-31 7.36 7.84 7.16 6.00
2020-12-31 6.54 7.14 6.18 7.00
2020-03-30
DB:0S1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 6.28
2019-09-30 5.60
2019-06-30 4.87
2019-03-31 3.50
2018-12-31 3.29
2018-09-30 2.35
2018-06-30 1.76
2018-03-31 2.02
2017-12-31 1.35
2017-09-30 1.27
2017-06-30 0.94
2017-03-31 0.82

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • OneMain Holdings is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess OneMain Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OneMain Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has OneMain Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OneMain Holdings's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OneMain Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • OneMain Holdings's 1-year earnings growth exceeds its 5-year average (91.3% vs 34.6%)
  • OneMain Holdings's earnings growth has exceeded the Europe Consumer Finance industry average in the past year (91.3% vs 17.9%).
Earnings and Revenue History
OneMain Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OneMain Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0S1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,685.00 855.00 885.00
2019-09-30 2,567.00 762.00 862.00
2019-06-30 2,465.00 662.00 837.00
2019-03-31 2,375.00 475.00 924.00
2018-12-31 2,318.00 447.00 991.00
2018-09-30 2,264.00 318.00 904.00
2018-06-30 2,197.00 239.00 890.00
2018-03-31 2,107.00 274.00 770.00
2017-12-31 2,014.00 183.00 856.00
2017-09-30 1,916.00 171.00 753.00
2017-06-30 1,838.00 127.00 759.00
2017-03-31 1,847.00 111.00 760.00
2016-12-31 2,108.00 215.00 788.00
2016-09-30 1,755.00 -9.00 777.00
2016-06-30 1,529.00 -47.00 686.00
2016-03-31 1,258.00 -85.00 606.00
2015-12-31 761.00 -220.00 485.00
2015-09-30 854.00 -69.00 383.00
2015-06-30 1,516.00 371.00 378.00
2015-03-31 1,613.00 455.00 358.00
2014-12-31 1,628.00 463.00 360.00
2014-09-30 1,710.37 577.73 371.08
2014-06-30 1,065.19 58.14 490.63
2014-03-31 1,057.13 42.31 477.49
2013-12-31 898.00 -19.00 464.00
2013-09-30 792.59 -125.88 450.89
2013-06-30 660.19 -78.13 314.46
2013-03-31 439.78 -179.23 311.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • OneMain Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • OneMain Holdings used its assets less efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if OneMain Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess OneMain Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OneMain Holdings has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is OneMain Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OneMain Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OneMain Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OneMain Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OneMain Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OneMain Holdings Company Filings, last reported 2 months ago.

DB:0S1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,330.00 17,212.00 1,227.00
2019-09-30 4,094.00 17,021.00 1,393.00
2019-06-30 4,141.00 15,551.00 786.00
2019-03-31 3,950.00 16,117.00 1,709.00
2018-12-31 3,799.00 15,178.00 679.00
2018-09-30 3,640.00 15,731.00 1,243.00
2018-06-30 3,489.00 15,054.00 556.00
2018-03-31 3,382.00 15,898.00 1,807.00
2017-12-31 3,278.00 15,050.00 987.00
2017-09-30 3,230.00 14,619.00 916.00
2017-06-30 3,154.00 14,409.00 862.00
2017-03-31 3,105.00 13,679.00 787.00
2016-12-31 3,066.00 13,959.00 579.00
2016-09-30 3,046.00 13,994.00 658.00
2016-06-30 3,020.00 14,362.00 742.00
2016-03-31 2,928.00 14,870.00 716.00
2015-12-31 2,730.00 17,300.00 948.00
2015-09-30 2,829.00 9,555.00 5,042.00
2015-06-30 2,831.00 9,676.00 5,278.00
2015-03-31 1,851.00 9,635.00 4,493.00
2014-12-31 1,837.00 8,361.00 3,204.00
2014-09-30 2,510.12 7,858.04 3,116.09
2014-06-30 2,065.63 11,261.02 970.34
2014-03-31 1,961.91 11,738.67 833.71
2013-12-31 1,886.63 12,776.97 483.06
2013-09-30 1,593.84 13,998.96 1,249.64
2013-06-30 1,723.73 13,470.41 667.21
2013-03-31 1,180.92 12,627.81 1,629.80
  • OneMain Holdings's level of debt (397.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (455.9% vs 397.5% today).
  • Debt is not well covered by operating cash flow (13.7%, less than 20% of total debt).
  • Unable to confirm if the interest payments on OneMain Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess OneMain Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OneMain Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is OneMain Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
19.14%
Current annual income from OneMain Holdings dividends. Estimated to be 31.79% next year.
If you bought €2,000 of OneMain Holdings shares you are expected to receive €383 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • OneMain Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • OneMain Holdings's dividend is above the markets top 25% of dividend payers in Germany (4.97%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0S1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:0S1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 6.34 5.00
2020-12-31 6.35 4.00
2020-03-30
DB:0S1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-14 3.820 13.348
2020-02-10 3.820 8.178
2019-11-01 1.000 2.353
2019-10-28 1.000 2.506
2019-08-02 1.000 2.686
2019-07-29 1.000 2.487
2019-05-03 1.000 3.038
2019-04-29 1.000 2.917
2019-02-15 1.000 3.011
2019-02-11 1.000 3.034

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether OneMain Holdings has stable dividend payments.
  • OneMain Holdings only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of OneMain Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess OneMain Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OneMain Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OneMain Holdings has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of OneMain Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doug Shulman
COMPENSATION $5,750,706
AGE 51
TENURE AS CEO 1.5 years
CEO Bio

Mr. Douglas H. Shulman, also known as Doug, J.D., has been the President, Chief Executive Officer and Director of OneMain Holdings, Inc. since September 8, 2018. Mr. Shulman was Senior Executive Vice President of BNY Mellon (“BNY Mellon”) and Global Head of Client Service Delivery, which includes the key business functions and service delivery areas of BNY Mellon. Mr. Shulman joined BNY Mellon in September 2014 from McKinsey & Co., where he was a Senior Advisor and Harvard's Kennedy School Center for Business and Government, where he was a Senior Fellow. He served as the President of Markets, Services and Information at Financial Industry Regulatory Authority, Inc. Mr. Shulman was Senior Executive Vice President and Global Head of Client Service Delivery at Bank of New York Mellon Corporation from September 2014 to 2018. Mr. Shulman served as the Chief of Staff at the National Commission on Restructuring the Internal Revenue Service. He was the Commissioner at Internal Revenue Service until November 09, 2012. Mr. Shulman was a Member of the Office of the Chairman of NASD and was responsible for a range of corporate activities including oversight of technology for all NASD departments, NASD Market and Information Services, NASD's member services and international activities and the public sale of the Nasdaq Stock Market and other strategic transactions and joint ventures. He had broad-based responsibility for operations and services at NASD and oversaw NASD's interests and relationship with The Nasdaq Stock Market, was responsible for NASD's market transparency facilities including OTC Equities and TRACE, as well as other fixed income activities. Mr. Shulman was also responsible for managing NASD's technology and registration (CRD and IARD) areas and working with the broker/dealer community to strengthen firms' internal compliance. He also oversaw NASD's corporate development activities. Mr. Shulman has spent his career in both the public and private sectors. He was a Cofounder and Partner at FoundryOne Inc. and served as its Executive Vice President. Mr. Shulman supervised FoundryOne's investment and advisory services. He was a Private Equity Investor and Vice President at Darby Overseas Investments, Ltd. from 1998 to 2000, where he managed both financial and legal aspects of investments and transactions. He also worked for AT Kearney consulting, Citigroup and Franklin Templeton. He served as Vice Chairman of Financial Industry Regulatory Authority, Inc. He has been a Director at Kinetic Partners LLP since July 2013. He serves as Member of Advisory Board at Open Compliance and Ethics Group. He served as a Director of The Depository Trust & Clearing Corporation until 2018 and served in the same position until May 2008. He holds an MPA from Harvard University's Kennedy School of Government, a JD (magna cum laude) from Georgetown University Law Center and a BA from Williams College.

CEO Compensation
  • Insufficient data for Doug to compare compensation growth.
  • Doug's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the OneMain Holdings management team in years:

1
Average Tenure
53.5
Average Age
  • The average tenure for the OneMain Holdings management team is less than 2 years, this suggests a new team.
Management Team

Doug Shulman

TITLE
President
COMPENSATION
$6M
AGE
51
TENURE
1.5 yrs

John Anderson

TITLE
Consultant
COMPENSATION
$37M
AGE
61
TENURE
0.4 yrs

Micah Conrad

TITLE
Executive VP & CFO
AGE
48
TENURE
1 yrs

Rajive Chadha

TITLE
Executive VP & COO
AGE
54
TENURE
0.7 yrs

Michael Hedlund

TITLE
Senior VP & Group Controller
AGE
46
TENURE
3.8 yrs

Jenny Osterhout

TITLE
Chief Administrative Officer
TENURE
0.2 yrs

Kathryn Miller

TITLE
Head of Investor Relations

Adam Rosman

TITLE
Executive VP & General Counsel
AGE
53
TENURE
0.2 yrs

Jack Erkilla

TITLE
Senior VP
AGE
60
TENURE
9.3 yrs

Richard Tambor

TITLE
Chief Risk Officer
AGE
57
TENURE
5.8 yrs
Board of Directors Tenure

Average tenure and age of the OneMain Holdings board of directors in years:

1.8
Average Tenure
51
Average Age
  • The average tenure for the OneMain Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jay Levine

TITLE
Chairman of the Board
COMPENSATION
$72M
AGE
57
TENURE
1.8 yrs

Doug Shulman

TITLE
President
COMPENSATION
$6M
AGE
51
TENURE
1.5 yrs

Roy Guthrie

TITLE
Independent Director
COMPENSATION
$317K
AGE
65
TENURE
7.3 yrs

Valerie Keating

TITLE
Independent Director
COMPENSATION
$122K
AGE
55
TENURE
1.8 yrs

Aneek Mamik

TITLE
Independent Director
AGE
39
TENURE
1.8 yrs

Matt Michelini

TITLE
Independent Director
AGE
37
TENURE
1.8 yrs

Richard Smith

TITLE
Independent Director
COMPENSATION
$130K
AGE
65
TENURE
1.8 yrs

Marc Becker

TITLE
Independent Director
AGE
47
TENURE
1.8 yrs

Peter Sinensky

TITLE
Independent Director
AGE
33
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by OneMain Holdings individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
19. Mar 20 Buy Jay Levine Individual 17. Mar 20 17. Mar 20 20,000 €19.92 €398,435
16. Mar 20 Buy Douglas Shulman Individual 12. Mar 20 16. Mar 20 3,250 €25.46 €80,709
13. Mar 20 Buy Jay Levine Individual 12. Mar 20 12. Mar 20 10,000 €26.21 €262,073
11. Mar 20 Buy Jay Levine Individual 09. Mar 20 09. Mar 20 10,000 €26.87 €268,739
06. Mar 20 Buy Richard Smith Individual 04. Mar 20 05. Mar 20 2,000 €34.18 €68,160
28. Feb 20 Buy Jay Levine Individual 27. Feb 20 27. Feb 20 10,000 €35.74 €357,425
17. Dec 19 Buy Aneek Mamik Individual 14. Jun 19 13. Sep 19 74 €34.68 €2,501
17. Dec 19 Buy Aneek Mamik Individual 13. Dec 19 13. Dec 19 7 €38.84 €264
X
Management checks
We assess OneMain Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OneMain Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

OneMain Holdings, Inc., through its subsidiaries, provides consumer finance and insurance products and services. The company operates in two segments, Consumer and Insurance, and Acquisitions and Servicing. It provides secured and unsecured personal loans; credit insurance products, such as life, disability, and involuntary unemployment insurance products; non-credit insurance; and auto membership plans, as well as retail sales finance services. The company also services and holds real estate loans secured by first or second mortgages on residential real estate. As of December 31, 2018, it operated through a network of approximately 1,600 branches in 44 states in the United States, as well as through omf.com Website. The company was formerly known as Springleaf Holdings, Inc. and changed its name to OneMain Holdings, Inc. in November 2015. OneMain Holdings, Inc. was founded in 1920 and is based in Evansville, Indiana.

Details
Name: OneMain Holdings, Inc.
0S1
Exchange: DB
Founded: 1920
$2,451,762,354
136,194,462
Website: http://www.onemainfinancial.com
Address: OneMain Holdings, Inc.
601 NW Second Street,
Evansville,
Indiana, 47708,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE OMF New Common Shares New York Stock Exchange US USD 16. Oct 2013
DB 0S1 New Common Shares Deutsche Boerse AG DE EUR 16. Oct 2013
Number of employees
Current staff
Staff numbers
9,700
OneMain Holdings employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:26
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.