ONTO INNOVATION INC (ONTO) Stock Fundamental Analysis
USA - NYSE:ONTO - US6833441057 - Common Stock
129.11 USD
-2.6 (-1.97%)
129.11 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to ONTO. ONTO was compared to 112 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 could make ONTO a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year ONTO was profitable.
In the past year ONTO had a positive cash flow from operations.
Each year in the past 5 years ONTO has been profitable.
Each year in the past 5 years ONTO had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.34%, ONTO is in the better half of the industry, outperforming 79.46% of the companies in the same industry.
ONTO has a better Return On Equity (10.18%) than 74.11% of its industry peers.
ONTO's Return On Invested Capital of 10.69% is amongst the best of the industry. ONTO outperforms 80.36% 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 11.04%.
The 3 year average ROIC (9.69%) for ONTO is below the current ROIC(10.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 10.18% | ||
| ROIC | 10.69% |
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 has a Profit Margin of 19.29%. This is amongst the best in the industry. ONTO outperforms 83.04% of its industry peers.
ONTO's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 22.40%, ONTO belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
ONTO's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 54.92%, ONTO is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
ONTO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.4% | ||
| PM (TTM) | 19.29% | ||
| GM | 54.92% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ONTO is destroying value.
Compared to 1 year ago, ONTO has more shares outstanding
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
ONTO has an Altman-Z score of 23.93. This indicates that ONTO is financially healthy and has little risk of bankruptcy at the moment.
ONTO has a better Altman-Z score (23.93) than 89.29% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 23.93 |
ROIC/WACC0.9
WACC11.82%
2.3 Liquidity
A Current Ratio of 9.59 indicates that ONTO has no problem at all paying its short term obligations.
With an excellent Current ratio value of 9.59, ONTO belongs to the best of the industry, outperforming 95.54% of the companies in the same industry.
A Quick Ratio of 7.86 indicates that ONTO has no problem at all paying its short term obligations.
ONTO's Quick ratio of 7.86 is amongst the best of the industry. ONTO outperforms 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.59 | ||
| Quick Ratio | 7.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.12% 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 grown by 15.51% in the past year. This is quite good.
Measured over the past years, ONTO shows a very strong growth in Revenue. The Revenue has been growing by 26.41% on average per year.
EPS 1Y (TTM)24.12%
EPS 3Y11.5%
EPS 5Y36.96%
EPS Q2Q%-5.3%
Revenue 1Y (TTM)15.51%
Revenue growth 3Y7.77%
Revenue growth 5Y26.41%
Sales Q2Q%4.65%
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 15.71% on average per year.
ONTO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.58% yearly.
EPS Next Y-6.85%
EPS Next 2Y3.3%
EPS Next 3Y9.83%
EPS Next 5Y15.71%
Revenue Next Year1.29%
Revenue Next 2Y4.96%
Revenue Next 3Y8.04%
Revenue Next 5Y13.58%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 23.01 indicates a rather expensive valuation of ONTO.
Compared to the rest of the industry, the Price/Earnings ratio of ONTO indicates a rather cheap valuation: ONTO is cheaper than 83.04% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.03. ONTO is around the same levels.
ONTO is valuated rather expensively with a Price/Forward Earnings ratio of 22.62.
Based on the Price/Forward Earnings ratio, ONTO is valued a bit cheaper than 77.68% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ONTO to the average of the S&P500 Index (22.27), we can say ONTO is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.01 | ||
| Fwd PE | 22.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ONTO is valued a bit cheaper than 76.79% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ONTO is valued cheaper than 82.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.53 | ||
| EV/EBITDA | 16.93 |
4.3 Compensation for Growth
ONTO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.62
EPS Next 2Y3.3%
EPS Next 3Y9.83%
5. Dividend
5.1 Amount
ONTO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
129.11
-2.6 (-1.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners102.21%
Inst Owner Change-0.66%
Ins Owners0.69%
Ins Owner Change6.72%
Market Cap6.33B
Revenue(TTM)1.04B
Net Income(TTM)199.87M
Analysts80
Price Target163.04 (26.28%)
Short Float %3.97%
Short Ratio1.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-1.28%
Min EPS beat(2)-3.56%
Max EPS beat(2)1%
EPS beat(4)2
Avg EPS beat(4)0.54%
Min EPS beat(4)-3.56%
Max EPS beat(4)5.24%
EPS beat(8)5
Avg EPS beat(8)2.42%
EPS beat(12)7
Avg EPS beat(12)2.31%
EPS beat(16)10
Avg EPS beat(16)3.1%
Revenue beat(2)0
Avg Revenue beat(2)-1.64%
Min Revenue beat(2)-1.85%
Max Revenue beat(2)-1.44%
Revenue beat(4)0
Avg Revenue beat(4)-1.34%
Min Revenue beat(4)-1.85%
Max Revenue beat(4)-0.67%
Revenue beat(8)3
Avg Revenue beat(8)-0.83%
Revenue beat(12)3
Avg Revenue beat(12)-1.66%
Revenue beat(16)7
Avg Revenue beat(16)-0.66%
PT rev (1m)12.66%
PT rev (3m)1.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.43%
EPS NY rev (1m)-0.29%
EPS NY rev (3m)-5.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.58%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.01 | ||
| Fwd PE | 22.62 | ||
| P/S | 6.1 | ||
| P/FCF | 26.53 | ||
| P/OCF | 23.16 | ||
| P/B | 3.22 | ||
| P/tB | 4.15 | ||
| EV/EBITDA | 16.93 |
EPS(TTM)5.61
EY4.35%
EPS(NY)5.71
Fwd EY4.42%
FCF(TTM)4.87
FCFY3.77%
OCF(TTM)5.57
OCFY4.32%
SpS21.15
BVpS40.07
TBVpS31.07
PEG (NY)N/A
PEG (5Y)0.62
Graham Number71.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.34% | ||
| ROE | 10.18% | ||
| ROCE | 11.7% | ||
| ROIC | 10.69% | ||
| ROICexc | 19.48% | ||
| ROICexgc | 32.7% | ||
| OM | 22.4% | ||
| PM (TTM) | 19.29% | ||
| GM | 54.92% | ||
| FCFM | 23.01% |
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-Score9
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 61.61% | ||
| Cap/Sales | 3.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.72% | ||
| Profit Quality | 119.32% | ||
| Current Ratio | 9.59 | ||
| Quick Ratio | 7.86 | ||
| Altman-Z | 23.93 |
F-Score9
WACC11.82%
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)24.12%
EPS 3Y11.5%
EPS 5Y36.96%
EPS Q2Q%-5.3%
EPS Next Y-6.85%
EPS Next 2Y3.3%
EPS Next 3Y9.83%
EPS Next 5Y15.71%
Revenue 1Y (TTM)15.51%
Revenue growth 3Y7.77%
Revenue growth 5Y26.41%
Sales Q2Q%4.65%
Revenue Next Year1.29%
Revenue Next 2Y4.96%
Revenue Next 3Y8.04%
Revenue Next 5Y13.58%
EBIT growth 1Y45.04%
EBIT growth 3Y8.75%
EBIT growth 5YN/A
EBIT Next Year10.59%
EBIT Next 3Y19.11%
EBIT Next 5Y20.15%
FCF growth 1Y71.45%
FCF growth 3Y9.39%
FCF growth 5Y80.04%
OCF growth 1Y67.49%
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.
What is the valuation status of ONTO INNOVATION INC (ONTO) stock?
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 8 / 10.
What is the financial health of ONTO INNOVATION INC (ONTO) stock?
The financial health rating of ONTO INNOVATION INC (ONTO) is 9 / 10.