Onto Innovation Inc
Exchange: NYSESector: TechnologyIndustry: Semiconductor Equipment & Materials
Nanometrics is a leading provider of advanced, high-performance process control metrology and inspection solutions used primarily in the semiconductor manufacturing industry, as well as in the fabrication of other solid-state devices and components in the optoelectronic, LED and storage industries, and more recently in the industrial, aerospace and scientific research markets. Nanometrics’ process control solutions include automated and integrated metrology systems as well as software and analytics that measure and monitor key elements of device performance and yield, such as critical dimensions, device structures, surface shape and profile, overall topography and various thin film properties, including three-dimensional features and film thickness, as well as the optical, electrical and material properties of various substrates, devices and components. Nanometrics’ solutions enable advanced process control for device manufacturers, providing improved device yield at reduced manufacturing cycle time, supporting the accelerated product life cycles in the semiconductor and other advanced markets. The company maintains its headquarters in Milpitas, California, with sales and service offices worldwide. Nanometrics is traded on Nasdaq Global Select Market under the symbol NANO. Nanometrics’ website is http://www.nanometrics.com.
Current Price
$263.12
+6.06%GoodMoat Value
$186.99
28.9% overvaluedProfile
Valuation (TTM)
Market Cap$13.08B
P/E122.89
EV—
P/B6.23
Shares Out49.70M
P/Sales12.69
Revenue$1.03B
EV/EBITDA61.39
Onto Innovation Inc (ONTO) Stock Analysis
Market Cap$13.08B
Current Price$263.12
P/E Ratio122.89
Forward P/E—
PEG Ratio-2.58
EPS$2.78
Book Value$42.26
P/B Ratio6.23
ONTO Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 50.0% FCF growth (CAGR)
Cash vs Debt
Net Cash: 346M
Revenue
306M
FY19
556M
FY20
789M
FY22
1.0B
FY22
816M
FY23
987M
FY24
1.0B
FY26
Net Income
2M
FY19
31M
FY20
142M
FY22
223M
FY22
121M
FY23
202M
FY24
137M
FY26
ONTO 52-Week Range
$90.00
$307.86
50-Day MA: $250.33200-Day MA: $177.64
Did you know?
Profit margin stands at 10.3%.
Onto Innovation Inc (ONTO) Financial Summary
Onto Innovation Inc (ONTO) is a Technology company in the Semiconductor Equipment & Materials industry, listed on NYSE. The stock currently trades at $263.12 with a market capitalization of $13.08B.
Key valuation metrics include a P/E ratio of 122.89, price-to-book ratio of 6.23, and EPS of $2.78. The company reports a profit margin of 10.3% and return on equity of 5.1%.
ONTO Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $13.08B |
| P/E Ratio | 122.89 |
| EPS | $2.78 |
| P/B Ratio | 6.23 |
| P/S Ratio | 12.69 |
| EV/EBITDA | 61.39 |
| Profit Margin | 10.3% |
| Return on Equity | 5.1% |
ONTO Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $305.90M | $1.91M |
| FY20 | $556.50M | $31.02M |
| FY22 | $788.90M | $142.35M |
| FY22 | $1.01B | $142.35M |
| FY23 | $815.87M | $121.16M |
| FY24 | $987.32M | $201.67M |
| FY26 | $1.01B | $136.76M |
Onto Innovation Inc (ONTO) Valuation
Based on GoodMoat's DCF model, Onto Innovation Inc has a fair value estimate of $186.99. At the current price of $263.12, the stock appears 40.7% overvalued relative to our intrinsic value estimate.
ONTO Quality Indicators
Onto Innovation Inc maintains a profit margin of 10.3% and an operating margin of 13.2%. Return on equity stands at 5.1%. The current ratio is 5.79.
About Onto Innovation Inc
Nanometrics is a leading provider of advanced, high-performance process control metrology and inspection solutions used primarily in the semiconductor manufacturing industry, as well as in the fabrication of other solid-state devices and components in the optoelectronic, LED and storage industries, and more recently in the industrial, aerospace and scientific research markets. Nanometrics’ process control solutions include automated and integrated metrology systems as well as software and analytics that measure and monitor key elements of device performance and yield, such as critical dimensions, device structures, surface shape and profile, overall topography and various thin film properties, including three-dimensional features and film thickness, as well as the optical, electrical and material properties of various substrates, devices and components. Nanometrics’ solutions enable advanced process control for device manufacturers, providing improved device yield at reduced manufacturing cycle time, supporting the accelerated product life cycles in the semiconductor and other advanced markets. The company maintains its headquarters in Milpitas, California, with sales and service offices worldwide. Nanometrics is traded on Nasdaq Global Select Market under the symbol NANO. Nanometrics’ website is http://www.nanometrics.com.
ONTO Free Cash Flow
Onto Innovation Inc generated $299.80M in trailing twelve-month free cash flow, representing an FCF yield of 2.29%. This moderate FCF yield indicates reasonable cash generation.
ONTO Shares Outstanding
Onto Innovation Inc has 0.05 billion shares outstanding at a share price of $263.12, giving it a market capitalization of $13.08B.