ONTO INNOVATION INC (ONTO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ONTO - US6833441057 - Common Stock
157.86 USD
-2.15 (-1.34%)
157.55 USD
-0.31 (-0.2%)
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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ONTO is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make ONTO suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
ONTO had positive earnings in the past year.
ONTO had a positive operating cash flow in the past year.
In the past 5 years ONTO has always been profitable.
ONTO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 8.01%, ONTO is doing good in the industry, outperforming 76.11% of the companies in the same industry.
The Return On Equity of ONTO (8.74%) is better than 70.80% of its industry peers.
ONTO has a Return On Invested Capital of 9.62%. This is in the better half of the industry: ONTO outperforms 78.76% of its industry peers.
ONTO had an Average Return On Invested Capital over the past 3 years of 9.69%. This is in line with the industry average of 10.75%.
| Industry Rank | Sector 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%
1.3 Margins
ONTO's Profit Margin of 17.46% is fine compared to the rest of the industry. ONTO outperforms 78.76% of its industry peers.
In the last couple of years the Profit Margin of ONTO has grown nicely.
ONTO's Operating Margin of 21.25% is amongst the best of the industry. ONTO outperforms 80.53% of its industry peers.
ONTO's Operating Margin has been stable in the last couple of years.
ONTO has a Gross Margin of 54.83%. This is in the better half of the industry: ONTO outperforms 73.45% of its industry peers.
ONTO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ONTO is destroying value.
ONTO has more shares outstanding than it did 1 year ago.
ONTO has less shares outstanding than it did 5 years ago.
ONTO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 27.84 indicates that ONTO is not in any danger for bankruptcy at the moment.
ONTO has a better Altman-Z score (27.84) than 92.04% of its industry peers.
ONTO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 27.84 |
ROIC/WACC0.9
WACC10.71%
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 better Current ratio (9.49) than 93.81% of its industry peers.
ONTO has a Quick Ratio of 7.89. This indicates that ONTO is financially healthy and has no problem in meeting its short term obligations.
ONTO has a better Quick ratio (7.89) than 92.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.49 | ||
| Quick Ratio | 7.89 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.92% over the past year.
The Earnings Per Share has been growing by 36.96% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 6.38% in the past year.
ONTO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.41% yearly.
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
Based on estimates for the next years, ONTO will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.13% on average per year.
ONTO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.56% yearly.
EPS Next Y-5.49%
EPS Next 2Y7.64%
EPS Next 3Y12.75%
EPS Next 5Y16.13%
Revenue Next Year1.99%
Revenue Next 2Y9.37%
Revenue Next 3Y11.56%
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.
4. Valuation
4.1 Price/Earnings Ratio
ONTO is valuated quite expensively with a Price/Earnings ratio of 30.42.
Based on the Price/Earnings ratio, ONTO is valued a bit cheaper than 76.11% of the companies in the same industry.
When comparing the Price/Earnings ratio of ONTO to the average of the S&P500 Index (26.51), we can say ONTO is valued inline with the index average.
With a Price/Forward Earnings ratio of 25.47, ONTO can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, ONTO is valued a bit cheaper than the industry average as 69.03% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.13. ONTO is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.42 | ||
| Fwd PE | 25.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ONTO is valued a bit cheaper than 69.03% of the companies in the same industry.
ONTO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ONTO is cheaper than 83.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.99 | ||
| EV/EBITDA | 24.76 |
4.3 Compensation for Growth
The decent profitability rating of ONTO may justify a higher PE ratio.
ONTO's earnings are expected to grow with 12.75% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.82
EPS Next 2Y7.64%
EPS Next 3Y12.75%
5. Dividend
5.1 Amount
No dividends for ONTO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
157.86
-2.15 (-1.34%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners97.48%
Inst Owner Change-3.21%
Ins Owners0.68%
Ins Owner Change2.94%
Market Cap7.84B
Revenue(TTM)1.00B
Net Income(TTM)175.05M
Analysts80
Price Target166.54 (5.5%)
Short Float %3.45%
Short Ratio2.05
Dividend
| Industry Rank | Sector 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)5.53%
PT rev (3m)15.08%
EPS NQ rev (1m)0.59%
EPS NQ rev (3m)0.11%
EPS NY rev (1m)1.57%
EPS NY rev (3m)1.16%
Revenue NQ rev (1m)0.83%
Revenue NQ rev (3m)2.45%
Revenue NY rev (1m)0.79%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.42 | ||
| Fwd PE | 25.47 | ||
| P/S | 7.82 | ||
| P/FCF | 29.99 | ||
| P/OCF | 27.09 | ||
| P/B | 3.91 | ||
| P/tB | 4.99 | ||
| EV/EBITDA | 24.76 |
EPS(TTM)5.19
EY3.29%
EPS(NY)6.2
Fwd EY3.93%
FCF(TTM)5.26
FCFY3.33%
OCF(TTM)5.83
OCFY3.69%
SpS20.19
BVpS40.32
TBVpS31.62
PEG (NY)N/A
PEG (5Y)0.82
Graham Number68.62
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 27.84 |
F-Score7
WACC10.71%
ROIC/WACC0.9
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 2Y7.64%
EPS Next 3Y12.75%
EPS Next 5Y16.13%
Revenue 1Y (TTM)6.38%
Revenue growth 3Y7.77%
Revenue growth 5Y26.41%
Sales Q2Q%-13.49%
Revenue Next Year1.99%
Revenue Next 2Y9.37%
Revenue Next 3Y11.56%
Revenue Next 5Y13.56%
EBIT growth 1Y18.22%
EBIT growth 3Y8.75%
EBIT growth 5YN/A
EBIT Next Year8.93%
EBIT Next 3Y19.24%
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 5 / 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.