ONTO INNOVATION INC (ONTO) Stock Fundamental Analysis
NYSE:ONTO - US6833441057 - Common Stock
108.32 USD
-0.18 (-0.17%)
108.32 USD
0 (0%)
ONTO gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 110 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 growing strongly while it is still valued neutral. This is a good combination! 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.
In the past year ONTO had a positive cash flow from operations.
Each year in the past 5 years ONTO has been profitable.
In the past 5 years ONTO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.34%, ONTO belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
ONTO has a better Return On Equity (10.18%) than 72.73% of its industry peers.
ONTO's Return On Invested Capital of 10.69% is amongst the best of the industry. ONTO outperforms 81.82% 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 10.98%.
The last Return On Invested Capital (10.69%) for ONTO is above the 3 year average (9.69%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 19.29%, ONTO belongs to the best of the industry, outperforming 84.55% of the companies in the same industry.
In the last couple of years the Profit Margin of ONTO has grown nicely.
ONTO's Operating Margin of 22.40% is amongst the best of the industry. ONTO outperforms 80.91% of its industry peers.
In the last couple of years the Operating Margin of ONTO has remained more or less at the same level.
The Gross Margin of ONTO (54.92%) is better than 72.73% of its industry peers.
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
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.
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.
2.2 Solvency
An Altman-Z score of 20.08 indicates that ONTO is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 20.08, ONTO belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
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 | 20.08 |
ROIC/WACC0.91
WACC11.7%
2.3 Liquidity
A Current Ratio of 9.59 indicates that ONTO has no problem at all paying its short term obligations.
ONTO's Current ratio of 9.59 is amongst the best of the industry. ONTO outperforms 94.55% of its industry peers.
A Quick Ratio of 7.86 indicates that ONTO has no problem at all paying its short term obligations.
ONTO has a better Quick ratio (7.86) than 92.73% 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.
ONTO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 36.96% yearly.
ONTO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.51%.
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
The Earnings Per Share is expected to grow by 15.71% 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 13.58% yearly.
EPS Next Y-6.09%
EPS Next 2Y5.58%
EPS Next 3Y10.33%
EPS Next 5Y15.71%
Revenue Next Year1.39%
Revenue Next 2Y6.56%
Revenue Next 3Y8.38%
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.
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
The Price/Earnings ratio is 19.31, which indicates a rather expensive current valuation of ONTO.
Based on the Price/Earnings ratio, ONTO is valued cheaper than 80.91% of the companies in the same industry.
When comparing the Price/Earnings ratio of ONTO to the average of the S&P500 Index (27.03), we can say ONTO is valued slightly cheaper.
With a Price/Forward Earnings ratio of 18.16, ONTO is valued on the expensive side.
ONTO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ONTO is cheaper than 75.45% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.63. ONTO is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 18.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ONTO is valued a bit cheaper than 79.09% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ONTO is valued cheaply inside the industry as 80.91% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.26 | ||
| EV/EBITDA | 12.98 |
4.3 Compensation for Growth
ONTO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.52
EPS Next 2Y5.58%
EPS Next 3Y10.33%
5. Dividend
5.1 Amount
No dividends for ONTO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
108.32
-0.18 (-0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners97.42%
Inst Owner Change3.39%
Ins Owners0.62%
Ins Owner Change6.82%
Market Cap5.31B
Analysts77.33
Price Target144.72 (33.6%)
Short Float %4.37%
Short Ratio1.64
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)-9.76%
PT rev (3m)-29.94%
EPS NQ rev (1m)-15.95%
EPS NQ rev (3m)-46.88%
EPS NY rev (1m)-4.3%
EPS NY rev (3m)-10.36%
Revenue NQ rev (1m)-2.31%
Revenue NQ rev (3m)-22.88%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.31 | ||
| Fwd PE | 18.16 | ||
| P/S | 5.12 | ||
| P/FCF | 22.26 | ||
| P/OCF | 19.43 | ||
| P/B | 2.7 | ||
| P/tB | 3.49 | ||
| EV/EBITDA | 12.98 |
EPS(TTM)5.61
EY5.18%
EPS(NY)5.96
Fwd EY5.51%
FCF(TTM)4.87
FCFY4.49%
OCF(TTM)5.57
OCFY5.15%
SpS21.15
BVpS40.07
TBVpS31.07
PEG (NY)N/A
PEG (5Y)0.52
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%
ROICexcg growth 3YN/A
ROICexcg 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 | 20.08 |
F-Score9
WACC11.7%
ROIC/WACC0.91
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-6.09%
EPS Next 2Y5.58%
EPS Next 3Y10.33%
EPS Next 5Y15.71%
Revenue 1Y (TTM)15.51%
Revenue growth 3Y7.77%
Revenue growth 5Y26.41%
Sales Q2Q%4.65%
Revenue Next Year1.39%
Revenue Next 2Y6.56%
Revenue Next 3Y8.38%
Revenue Next 5Y13.58%
EBIT growth 1Y45.04%
EBIT growth 3Y8.75%
EBIT growth 5YN/A
EBIT Next Year11.13%
EBIT Next 3Y15.35%
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%