ONTO INNOVATION INC (ONTO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ONTO - US6833441057 - Common Stock
189.65 USD
+9.27 (+5.14%)
189.65 USD
0 (0%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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.
In the past 5 years ONTO always reported a positive cash flow from operatings.
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.
ONTO has a Return On Equity of 8.74%. This is in the better half of the industry: ONTO outperforms 70.80% of its industry peers.
With a decent Return On Invested Capital value of 9.62%, ONTO is doing good in the industry, outperforming 78.76% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ONTO 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
The Profit Margin of ONTO (17.46%) is better than 78.76% of its industry peers.
ONTO's Profit Margin has improved in the last couple of years.
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
ONTO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
An Altman-Z score of 31.13 indicates that ONTO is not in any danger for bankruptcy at the moment.
ONTO's Altman-Z score of 31.13 is amongst the best of the industry. ONTO outperforms 92.92% 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 | 31.13 |
ROIC/WACC0.88
WACC10.88%
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 Current ratio of 9.49. This is amongst the best in the industry. ONTO outperforms 93.81% of its industry peers.
A Quick Ratio of 7.89 indicates that ONTO has no problem at all paying 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.
Measured over the past years, ONTO shows a very strong growth in Earnings Per Share. The EPS has been growing by 36.96% on average per year.
The Revenue has been growing slightly by 6.38% in the past 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
ONTO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.13% yearly.
The Revenue is expected to grow by 13.56% on average over the next years. This is quite good.
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
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 36.54, which means the current valuation is very expensive for ONTO.
Based on the Price/Earnings ratio, ONTO is valued a bit cheaper than the industry average as 73.45% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.19. ONTO is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 30.59, which means the current valuation is very expensive for ONTO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ONTO indicates a somewhat cheap valuation: ONTO is cheaper than 69.03% of the companies listed in the same industry.
ONTO is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.54 | ||
| Fwd PE | 30.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ONTO is valued a bit cheaper than the industry average as 69.03% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ONTO indicates a somewhat cheap valuation: ONTO is cheaper than 79.65% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.03 | ||
| EV/EBITDA | 28.57 |
4.3 Compensation for Growth
The decent profitability rating of ONTO may justify a higher PE ratio.
A more expensive valuation may be justified as ONTO's earnings are expected to grow with 12.75% in the coming years.
PEG (NY)N/A
PEG (5Y)0.99
EPS Next 2Y7.64%
EPS Next 3Y12.75%
5. Dividend
5.1 Amount
No dividends for ONTO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
189.65
+9.27 (+5.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners98.42%
Inst Owner Change0%
Ins Owners0.62%
Ins Owner Change0.53%
Market Cap9.42B
Revenue(TTM)1.00B
Net Income(TTM)175.05M
Analysts80
Price Target166.54 (-12.19%)
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)9.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.25%
EPS NY rev (1m)0%
EPS NY rev (3m)1.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.54 | ||
| Fwd PE | 30.59 | ||
| P/S | 9.39 | ||
| P/FCF | 36.03 | ||
| P/OCF | 32.55 | ||
| P/B | 4.7 | ||
| P/tB | 6 | ||
| EV/EBITDA | 28.57 |
EPS(TTM)5.19
EY2.74%
EPS(NY)6.2
Fwd EY3.27%
FCF(TTM)5.26
FCFY2.78%
OCF(TTM)5.83
OCFY3.07%
SpS20.19
BVpS40.32
TBVpS31.62
PEG (NY)N/A
PEG (5Y)0.99
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 | 31.13 |
F-Score7
WACC10.88%
ROIC/WACC0.88
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 4 / 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.