ONTO INNOVATION INC (ONTO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ONTO - US6833441057 - Common Stock
154.01 USD
+7.01 (+4.77%)
154 USD
-0.01 (-0.01%)
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 gets an excellent profitability rating and is at the same time showing great financial health properties. ONTO is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, ONTO could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year ONTO was profitable.
ONTO had a positive operating cash flow in the past year.
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
With a decent Return On Assets value of 8.01%, ONTO is doing good in the industry, outperforming 77.68% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.74%, ONTO is in the better half of the industry, outperforming 72.32% of the companies in the same industry.
ONTO's Return On Invested Capital of 9.62% is fine compared to the rest of the industry. ONTO outperforms 78.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ONTO is in line with the industry average of 10.77%.
| 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 amongst the best of the industry. ONTO outperforms 81.25% of its industry peers.
ONTO's Profit Margin has improved in the last couple of years.
ONTO has a Operating Margin of 21.25%. This is amongst the best in the industry. ONTO outperforms 81.25% of its industry peers.
ONTO's Operating Margin has been stable in the last couple of years.
The Gross Margin of ONTO (54.83%) is better than 74.11% of its industry peers.
In the last couple of years the Gross Margin of ONTO has grown nicely.
| 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
ONTO has an Altman-Z score of 25.74. This indicates that ONTO is financially healthy and has little risk of bankruptcy at the moment.
ONTO's Altman-Z score of 25.74 is amongst the best of the industry. ONTO outperforms 91.96% 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 | 25.74 |
ROIC/WACC0.93
WACC10.38%
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.
The Current ratio of ONTO (9.49) is better than 93.75% of its industry peers.
A Quick Ratio of 7.89 indicates that ONTO has no problem at all paying its short term obligations.
The Quick ratio of ONTO (7.89) is better than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.49 | ||
| Quick Ratio | 7.89 |
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%.
ONTO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 36.96% yearly.
Looking at the last year, ONTO shows a small growth in Revenue. The Revenue has grown by 6.38% in the last year.
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)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.
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-6.95%
EPS Next 2Y3.3%
EPS Next 3Y9.83%
EPS Next 5Y16.13%
Revenue Next Year1.2%
Revenue Next 2Y4.96%
Revenue Next 3Y8.04%
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.
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
ONTO is valuated quite expensively with a Price/Earnings ratio of 29.67.
Based on the Price/Earnings ratio, ONTO is valued a bit cheaper than the industry average as 77.68% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.15. ONTO is around the same levels.
ONTO is valuated quite expensively with a Price/Forward Earnings ratio of 26.98.
69.64% of the companies in the same industry are more expensive than ONTO, based on the Price/Forward Earnings ratio.
ONTO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.67 | ||
| Fwd PE | 26.98 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ONTO indicates a somewhat cheap valuation: ONTO is cheaper than 69.64% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ONTO indicates a rather cheap valuation: ONTO is cheaper than 81.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.26 | ||
| EV/EBITDA | 22.33 |
4.3 Compensation for Growth
ONTO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.8
EPS Next 2Y3.3%
EPS Next 3Y9.83%
5. Dividend
5.1 Amount
No dividends for ONTO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
154.01
+7.01 (+4.77%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners102.21%
Inst Owner Change-3.24%
Ins Owners0.69%
Ins Owner Change5.83%
Market Cap7.65B
Revenue(TTM)1.00B
Net Income(TTM)175.05M
Analysts80
Price Target157.81 (2.47%)
Short Float %3.56%
Short Ratio1.57
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)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)3.92%
PT rev (3m)9.05%
EPS NQ rev (1m)0.66%
EPS NQ rev (3m)-0.48%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-0.92%
Revenue NQ rev (1m)2.21%
Revenue NQ rev (3m)1.6%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.67 | ||
| Fwd PE | 26.98 | ||
| P/S | 7.63 | ||
| P/FCF | 29.26 | ||
| P/OCF | 26.43 | ||
| P/B | 3.82 | ||
| P/tB | 4.87 | ||
| EV/EBITDA | 22.33 |
EPS(TTM)5.19
EY3.37%
EPS(NY)5.71
Fwd EY3.71%
FCF(TTM)5.26
FCFY3.42%
OCF(TTM)5.83
OCFY3.78%
SpS20.19
BVpS40.32
TBVpS31.62
PEG (NY)N/A
PEG (5Y)0.8
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 | 25.74 |
F-Score7
WACC10.38%
ROIC/WACC0.93
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-6.95%
EPS Next 2Y3.3%
EPS Next 3Y9.83%
EPS Next 5Y16.13%
Revenue 1Y (TTM)6.38%
Revenue growth 3Y7.77%
Revenue growth 5Y26.41%
Sales Q2Q%-13.49%
Revenue Next Year1.2%
Revenue Next 2Y4.96%
Revenue Next 3Y8.04%
Revenue Next 5Y13.56%
EBIT growth 1Y18.22%
EBIT growth 3Y8.75%
EBIT growth 5YN/A
EBIT Next Year10.59%
EBIT Next 3Y19.11%
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.
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 7 / 10.
What is the financial health of ONTO INNOVATION INC (ONTO) stock?
The financial health rating of ONTO INNOVATION INC (ONTO) is 9 / 10.