ONTO INNOVATION INC (ONTO) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:ONTO • US6833441057

188.85 USD
+0.25 (+0.13%)
Last: Feb 5, 2026, 10:58 AM
Fundamental Rating

7

Taking everything into account, ONTO scores 7 out of 10 in our fundamental rating. ONTO was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. ONTO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ONTO is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make ONTO a good candidate for growth and quality investing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year ONTO was profitable.
  • ONTO had a positive operating cash flow in the past year.
  • ONTO had positive earnings in each of the past 5 years.
  • ONTO had a positive operating cash flow in each of the past 5 years.
ONTO Yearly Net Income VS EBIT VS OCF VS FCFONTO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

1.2 Ratios

  • ONTO has a Return On Assets of 8.01%. This is in the better half of the industry: ONTO outperforms 76.11% of its industry peers.
  • Looking at the Return On Equity, with a value of 8.74%, ONTO is in the better half of the industry, outperforming 69.91% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 9.62%, ONTO is doing good in the industry, outperforming 78.76% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for ONTO is in line with the industry average of 10.69%.
Industry RankSector Rank
ROA 8.01%
ROE 8.74%
ROIC 9.62%
ROA(3y)9.44%
ROA(5y)7.81%
ROE(3y)10.48%
ROE(5y)8.77%
ROIC(3y)9.69%
ROIC(5y)8.09%
ONTO Yearly ROA, ROE, ROICONTO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

  • The Profit Margin of ONTO (17.46%) is better than 78.76% of its industry peers.
  • ONTO's Profit Margin has improved in the last couple of years.
  • ONTO's Operating Margin of 21.25% is fine compared to the rest of the industry. ONTO outperforms 79.65% of its industry peers.
  • In the last couple of years the Operating Margin of ONTO has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 54.83%, ONTO is in the better half of the industry, outperforming 73.45% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ONTO has grown nicely.
Industry RankSector Rank
OM 21.25%
PM (TTM) 17.46%
GM 54.83%
OM growth 3Y0.92%
OM growth 5YN/A
PM growth 3Y4.23%
PM growth 5Y101.1%
GM growth 3Y-0.48%
GM growth 5Y3.97%
ONTO Yearly Profit, Operating, Gross MarginsONTO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. Health

2.1 Basic Checks

  • ONTO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, ONTO has more shares outstanding
  • Compared to 5 years ago, ONTO has less shares outstanding
  • There is no outstanding debt for ONTO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
ONTO Yearly Shares OutstandingONTO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
ONTO Yearly Total Debt VS Total AssetsONTO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 32.45 indicates that ONTO is not in any danger for bankruptcy at the moment.
  • ONTO has a better Altman-Z score (32.45) than 93.81% of its industry peers.
  • There is no outstanding debt for ONTO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 32.45
ROIC/WACC0.88
WACC10.98%
ONTO Yearly LT Debt VS Equity VS FCFONTO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.3 Liquidity

  • ONTO has a Current Ratio of 9.49. This indicates that ONTO is financially healthy and has no problem in meeting its short term obligations.
  • ONTO has a Current ratio of 9.49. This is amongst the best in the industry. ONTO outperforms 92.92% of its industry peers.
  • A Quick Ratio of 7.89 indicates that ONTO has no problem at all paying its short term obligations.
  • ONTO has a better Quick ratio (7.89) than 92.92% of its industry peers.
Industry RankSector Rank
Current Ratio 9.49
Quick Ratio 7.89
ONTO Yearly Current Assets VS Current LiabilitesONTO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • ONTO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.92%.
  • The Earnings Per Share has been growing by 36.96% on average over the past years. This is a very strong growth
  • Looking at the last year, ONTO shows a small growth in Revenue. The Revenue has grown by 6.38% in the last year.
  • The Revenue has been growing by 26.41% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)5.92%
EPS 3Y11.5%
EPS 5Y36.96%
EPS Q2Q%-31.34%
Revenue 1Y (TTM)6.38%
Revenue growth 3Y7.77%
Revenue growth 5Y26.41%
Sales Q2Q%-13.49%

3.2 Future

  • The Earnings Per Share is expected to grow by 16.13% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 13.56% on average over the next years. This is quite good.
EPS Next Y-5.49%
EPS Next 2Y8.21%
EPS Next 3Y12.52%
EPS Next 5Y16.13%
Revenue Next Year2.09%
Revenue Next 2Y9.83%
Revenue Next 3Y11.32%
Revenue Next 5Y13.56%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
ONTO Yearly Revenue VS EstimatesONTO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B
ONTO Yearly EPS VS EstimatesONTO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 36.39, ONTO can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, ONTO is valued a bit cheaper than the industry average as 74.34% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 28.25. ONTO is valued slightly more expensive when compared to this.
  • The Price/Forward Earnings ratio is 30.15, which means the current valuation is very expensive for ONTO.
  • ONTO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ONTO is cheaper than 64.60% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.50. ONTO is around the same levels.
Industry RankSector Rank
PE 36.39
Fwd PE 30.15
ONTO Price Earnings VS Forward Price EarningsONTO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ONTO is valued a bit cheaper than the industry average as 67.26% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ONTO indicates a rather cheap valuation: ONTO is cheaper than 81.42% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 35.88
EV/EBITDA 30.11
ONTO Per share dataONTO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • ONTO has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as ONTO's earnings are expected to grow with 12.52% in the coming years.
PEG (NY)N/A
PEG (5Y)0.98
EPS Next 2Y8.21%
EPS Next 3Y12.52%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • ONTO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ONTO INNOVATION INC

NYSE:ONTO (2/5/2026, 10:58:39 AM)

188.85

+0.25 (+0.13%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)11-06
Earnings (Next)02-19
Inst Owners98.42%
Inst Owner Change-1.81%
Ins Owners0.62%
Ins Owner Change0.53%
Market Cap9.38B
Revenue(TTM)1.00B
Net Income(TTM)175.05M
Analysts80
Price Target172.2 (-8.82%)
Short Float %2.68%
Short Ratio1.67
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.14%
Min EPS beat(2)-3.56%
Max EPS beat(2)3.84%
EPS beat(4)3
Avg EPS beat(4)1.63%
Min EPS beat(4)-3.56%
Max EPS beat(4)5.24%
EPS beat(8)6
Avg EPS beat(8)2.99%
EPS beat(12)7
Avg EPS beat(12)2.53%
EPS beat(16)10
Avg EPS beat(16)3.06%
Revenue beat(2)0
Avg Revenue beat(2)-1.78%
Min Revenue beat(2)-2.12%
Max Revenue beat(2)-1.44%
Revenue beat(4)0
Avg Revenue beat(4)-1.52%
Min Revenue beat(4)-2.12%
Max Revenue beat(4)-0.67%
Revenue beat(8)3
Avg Revenue beat(8)-0.39%
Revenue beat(12)3
Avg Revenue beat(12)-1.81%
Revenue beat(16)6
Avg Revenue beat(16)-0.84%
PT rev (1m)3.4%
PT rev (3m)5.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.25%
EPS NY rev (1m)0%
EPS NY rev (3m)1.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.06%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.79%
Valuation
Industry RankSector Rank
PE 36.39
Fwd PE 30.15
P/S 9.35
P/FCF 35.88
P/OCF 32.41
P/B 4.68
P/tB 5.97
EV/EBITDA 30.11
EPS(TTM)5.19
EY2.75%
EPS(NY)6.26
Fwd EY3.32%
FCF(TTM)5.26
FCFY2.79%
OCF(TTM)5.83
OCFY3.09%
SpS20.19
BVpS40.32
TBVpS31.62
PEG (NY)N/A
PEG (5Y)0.98
Graham Number68.62
Profitability
Industry RankSector Rank
ROA 8.01%
ROE 8.74%
ROCE 10.53%
ROIC 9.62%
ROICexc 18.73%
ROICexgc 32.05%
OM 21.25%
PM (TTM) 17.46%
GM 54.83%
FCFM 26.07%
ROA(3y)9.44%
ROA(5y)7.81%
ROE(3y)10.48%
ROE(5y)8.77%
ROIC(3y)9.69%
ROIC(5y)8.09%
ROICexc(3y)26.36%
ROICexc(5y)19.22%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10.6%
ROCE(5y)8.85%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y40.61%
ROICexc growth 5YN/A
OM growth 3Y0.92%
OM growth 5YN/A
PM growth 3Y4.23%
PM growth 5Y101.1%
GM growth 3Y-0.48%
GM growth 5Y3.97%
F-Score7
Asset Turnover0.46
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 53.19%
Cap/Sales 2.79%
Interest Coverage 250
Cash Conversion 108.89%
Profit Quality 149.28%
Current Ratio 9.49
Quick Ratio 7.89
Altman-Z 32.45
F-Score7
WACC10.98%
ROIC/WACC0.88
Cap/Depr(3y)37.74%
Cap/Depr(5y)27.42%
Cap/Sales(3y)2.61%
Cap/Sales(5y)2.01%
Profit Quality(3y)94.1%
Profit Quality(5y)145.35%
High Growth Momentum
Growth
EPS 1Y (TTM)5.92%
EPS 3Y11.5%
EPS 5Y36.96%
EPS Q2Q%-31.34%
EPS Next Y-5.49%
EPS Next 2Y8.21%
EPS Next 3Y12.52%
EPS Next 5Y16.13%
Revenue 1Y (TTM)6.38%
Revenue growth 3Y7.77%
Revenue growth 5Y26.41%
Sales Q2Q%-13.49%
Revenue Next Year2.09%
Revenue Next 2Y9.83%
Revenue Next 3Y11.32%
Revenue Next 5Y13.56%
EBIT growth 1Y18.22%
EBIT growth 3Y8.75%
EBIT growth 5YN/A
EBIT Next Year10.18%
EBIT Next 3Y19.6%
EBIT Next 5Y20.39%
FCF growth 1Y99.17%
FCF growth 3Y9.39%
FCF growth 5Y80.04%
OCF growth 1Y80.94%
OCF growth 3Y11.91%
OCF growth 5Y68.48%

ONTO INNOVATION INC / ONTO FAQ

Can you provide the ChartMill fundamental rating for ONTO INNOVATION INC?

ChartMill assigns a fundamental rating of 7 / 10 to ONTO.


Can you provide the valuation status for ONTO INNOVATION INC?

ChartMill assigns a valuation rating of 4 / 10 to ONTO INNOVATION INC (ONTO). This can be considered as Fairly Valued.


What is the profitability of ONTO stock?

ONTO INNOVATION INC (ONTO) has a profitability rating of 7 / 10.


How financially healthy is ONTO INNOVATION INC?

The financial health rating of ONTO INNOVATION INC (ONTO) is 9 / 10.


Can you provide the expected EPS growth for ONTO stock?

The Earnings per Share (EPS) of ONTO INNOVATION INC (ONTO) is expected to decline by -5.49% in the next year.