ONTO INNOVATION INC (ONTO) Fundamental Analysis & Valuation

NYSE:ONTO • US6833441057

Current stock price

194.64 USD
+5.11 (+2.7%)
At close:
194.92 USD
+0.28 (+0.14%)
Pre-Market:

This ONTO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. ONTO Profitability Analysis

1.1 Basic Checks

  • ONTO had positive earnings in the past year.
  • In the past year ONTO had a positive cash flow from operations.
  • Each year in the past 5 years ONTO has been profitable.
  • 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 2025 0 100M 200M 300M

1.2 Ratios

  • ONTO has a Return On Assets of 5.78%. This is in the better half of the industry: ONTO outperforms 72.17% of its industry peers.
  • Looking at the Return On Equity, with a value of 6.51%, ONTO is in the better half of the industry, outperforming 61.74% of the companies in the same industry.
  • The Return On Invested Capital of ONTO (7.97%) is better than 76.52% of its industry peers.
  • ONTO had an Average Return On Invested Capital over the past 3 years of 7.91%. This is below the industry average of 10.52%.
  • The last Return On Invested Capital (7.97%) for ONTO is above the 3 year average (7.91%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.78%
ROE 6.51%
ROIC 7.97%
ROA(3y)7.22%
ROA(5y)8.54%
ROE(3y)7.99%
ROE(5y)9.58%
ROIC(3y)7.91%
ROIC(5y)9.12%
ONTO Yearly ROA, ROE, ROICONTO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 13.60%, ONTO is in the better half of the industry, outperforming 71.30% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ONTO has grown nicely.
  • Looking at the Operating Margin, with a value of 19.42%, ONTO is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
  • ONTO's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 54.19%, ONTO is doing good in the industry, outperforming 72.17% 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 19.42%
PM (TTM) 13.6%
GM 54.19%
OM growth 3Y-4.09%
OM growth 5Y34.06%
PM growth 3Y-15.08%
PM growth 5Y19.55%
GM growth 3Y0.34%
GM growth 5Y1.6%
ONTO Yearly Profit, Operating, Gross MarginsONTO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

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8

2. ONTO Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ONTO is destroying value.
  • Compared to 1 year ago, ONTO has more shares outstanding
  • ONTO has more 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.
ONTO Yearly Shares OutstandingONTO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 500M 1B 1.5B 2B

2.2 Solvency

  • An Altman-Z score of 23.40 indicates that ONTO is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 23.40, ONTO belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
  • ONTO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 23.4
ROIC/WACC0.7
WACC11.45%
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 2025 500M 1B 1.5B 2B

2.3 Liquidity

  • ONTO has a Current Ratio of 5.79. This indicates that ONTO is financially healthy and has no problem in meeting its short term obligations.
  • ONTO has a better Current ratio (5.79) than 77.39% of its industry peers.
  • ONTO has a Quick Ratio of 4.43. This indicates that ONTO is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 4.43, ONTO is in the better half of the industry, outperforming 74.78% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 5.79
Quick Ratio 4.43
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 2025 500M 1B

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

7

3. ONTO Growth Analysis

3.1 Past

  • ONTO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.66%.
  • The Earnings Per Share has been growing by 20.68% 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 1.82% in the last year.
  • ONTO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.55% yearly.
EPS 1Y (TTM)-7.66%
EPS 3Y-3.57%
EPS 5Y20.68%
EPS Q2Q%-16.56%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y0%
Revenue growth 5Y12.55%
Sales Q2Q%1.11%

3.2 Future

  • Based on estimates for the next years, ONTO will show a very strong growth in Earnings Per Share. The EPS will grow by 25.64% on average per year.
  • The Revenue is expected to grow by 19.37% on average over the next years. This is quite good.
EPS Next Y34.6%
EPS Next 2Y29.98%
EPS Next 3Y25.55%
EPS Next 5Y25.65%
Revenue Next Year24.07%
Revenue Next 2Y20.1%
Revenue Next 3Y16.66%
Revenue Next 5Y19.37%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 2B
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

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5

4. ONTO Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 39.40, which means the current valuation is very expensive for ONTO.
  • Based on the Price/Earnings ratio, ONTO is valued a bit cheaper than 72.17% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.96, ONTO is valued quite expensively.
  • With a Price/Forward Earnings ratio of 29.27, ONTO can be considered very expensive at the moment.
  • ONTO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ONTO is cheaper than 63.48% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.04. ONTO is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 39.4
Fwd PE 29.27
ONTO Price Earnings VS Forward Price EarningsONTO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • ONTO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ONTO is cheaper than 65.22% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, ONTO is valued cheaper than 82.61% of the companies in the same industry.
Industry RankSector Rank
P/FCF 32.27
EV/EBITDA 33.04
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's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ONTO has a very decent profitability rating, which may justify a higher PE ratio.
  • ONTO's earnings are expected to grow with 25.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.14
PEG (5Y)1.91
EPS Next 2Y29.98%
EPS Next 3Y25.55%

More info and screens

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

0

5. ONTO Dividend Analysis

5.1 Amount

  • No dividends for ONTO!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

ONTO Fundamentals: All Metrics, Ratios and Statistics

ONTO INNOVATION INC

NYSE:ONTO (3/16/2026, 8:04:00 PM)

Premarket: 194.92 +0.28 (+0.14%)

194.64

+5.11 (+2.7%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-19
Earnings (Next)05-06
Inst Owners98.44%
Inst Owner Change-0.9%
Ins Owners0.64%
Ins Owner Change0.69%
Market Cap9.67B
Revenue(TTM)1.01B
Net Income(TTM)136.76M
Analysts81.43
Price Target258.73 (32.93%)
Short Float %2.38%
Short Ratio1.23
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)0.11%
Min EPS beat(2)-3.63%
Max EPS beat(2)3.84%
EPS beat(4)2
Avg EPS beat(4)-0.59%
Min EPS beat(4)-3.63%
Max EPS beat(4)3.84%
EPS beat(8)5
Avg EPS beat(8)2.14%
EPS beat(12)6
Avg EPS beat(12)0.98%
EPS beat(16)9
Avg EPS beat(16)2.3%
Revenue beat(2)0
Avg Revenue beat(2)-2.07%
Min Revenue beat(2)-2.12%
Max Revenue beat(2)-2.02%
Revenue beat(4)0
Avg Revenue beat(4)-1.86%
Min Revenue beat(4)-2.12%
Max Revenue beat(4)-1.44%
Revenue beat(8)2
Avg Revenue beat(8)-0.98%
Revenue beat(12)3
Avg Revenue beat(12)-1.83%
Revenue beat(16)5
Avg Revenue beat(16)-1.14%
PT rev (1m)24.46%
PT rev (3m)63.13%
EPS NQ rev (1m)4.61%
EPS NQ rev (3m)5.87%
EPS NY rev (1m)5.56%
EPS NY rev (3m)7.47%
Revenue NQ rev (1m)4.64%
Revenue NQ rev (3m)5.78%
Revenue NY rev (1m)5.12%
Revenue NY rev (3m)6.08%
Valuation
Industry RankSector Rank
PE 39.4
Fwd PE 29.27
P/S 9.62
P/FCF 32.27
P/OCF 29.46
P/B 4.61
P/tB 8.35
EV/EBITDA 33.04
EPS(TTM)4.94
EY2.54%
EPS(NY)6.65
Fwd EY3.42%
FCF(TTM)6.03
FCFY3.1%
OCF(TTM)6.61
OCFY3.39%
SpS20.23
BVpS42.27
TBVpS23.31
PEG (NY)1.14
PEG (5Y)1.91
Graham Number68.54
Profitability
Industry RankSector Rank
ROA 5.78%
ROE 6.51%
ROCE 9.08%
ROIC 7.97%
ROICexc 14.08%
ROICexgc 62.59%
OM 19.42%
PM (TTM) 13.6%
GM 54.19%
FCFM 29.82%
ROA(3y)7.22%
ROA(5y)8.54%
ROE(3y)7.99%
ROE(5y)9.58%
ROIC(3y)7.91%
ROIC(5y)9.12%
ROICexc(3y)23.94%
ROICexc(5y)20.98%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.01%
ROCE(5y)10.4%
ROICexgc growth 3Y20.94%
ROICexgc growth 5Y58.45%
ROICexc growth 3Y-7.62%
ROICexc growth 5Y44.36%
OM growth 3Y-4.09%
OM growth 5Y34.06%
PM growth 3Y-15.08%
PM growth 5Y19.55%
GM growth 3Y0.34%
GM growth 5Y1.6%
F-Score6
Asset Turnover0.42
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 47.18%
Cap/Sales 2.84%
Interest Coverage 250
Cash Conversion 128.43%
Profit Quality 219.22%
Current Ratio 5.79
Quick Ratio 4.43
Altman-Z 23.4
F-Score6
WACC11.45%
ROIC/WACC0.7
Cap/Depr(3y)43.99%
Cap/Depr(5y)35.73%
Cap/Sales(3y)2.94%
Cap/Sales(5y)2.44%
Profit Quality(3y)149.51%
Profit Quality(5y)123.25%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.66%
EPS 3Y-3.57%
EPS 5Y20.68%
EPS Q2Q%-16.56%
EPS Next Y34.6%
EPS Next 2Y29.98%
EPS Next 3Y25.55%
EPS Next 5Y25.65%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y0%
Revenue growth 5Y12.55%
Sales Q2Q%1.11%
Revenue Next Year24.07%
Revenue Next 2Y20.1%
Revenue Next 3Y16.66%
Revenue Next 5Y19.37%
EBIT growth 1Y-4.2%
EBIT growth 3Y-4.09%
EBIT growth 5Y50.89%
EBIT Next Year57.76%
EBIT Next 3Y29.28%
EBIT Next 5Y30.76%
FCF growth 1Y40.24%
FCF growth 3Y36.34%
FCF growth 5Y24.02%
OCF growth 1Y33.64%
OCF growth 3Y33.92%
OCF growth 5Y25.37%

ONTO INNOVATION INC / ONTO Fundamental Analysis 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 8 / 10.


Can you provide the expected EPS growth for ONTO stock?

The Earnings per Share (EPS) of ONTO INNOVATION INC (ONTO) is expected to grow by 34.6% in the next year.