Onity Group: Bottoml Lne Performance Will Close The Book Value Discount
Group 1 - Onity Group (NYSE: ONIT) is currently trading at a 50% discount to its book value, which is significant in the context of its financial health [1] - The discount is attributed to several factors, including a historically bloated balance sheet, near-term debt maturities, unimpressive bottom-line performance, and high capital-distractive acquisitions [1]