Skip to main content

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

$261.45

-0.63%

GoodMoat Value

$186.99

28.5% overvalued
Profile
Valuation (TTM)
Market Cap$12.99B
P/E122.11
EV
P/B6.19
Shares Out49.70M
P/Sales12.61
Revenue$1.03B
EV/EBITDA60.98

Onto Innovation Inc (ONTO) Valuation

ONTO Fair Value Estimate

$186.9928.5% overvalued

Blended fair value estimate based on DCF, Graham Number, and earnings-based models.

ONTO Valuation Metrics

FCF$299.80M
FCF Growth Rate50.00%
EPS Growth (CAGR)50.00%
WACC10.00%

ONTO Valuation & Fair Value Analysis

Onto Innovation Inc (ONTO) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.

The GoodMoat Fair Value target for Onto Innovation Inc is $186.99. The current stock price is $261.45, suggesting the stock is 39.8% overvalued.

The price-to-earnings (P/E) ratio is 122.11. Price-to-book ratio is 6.19. Price-to-sales ratio is 12.61. Enterprise value to EBITDA is 60.98. PEG ratio is -2.56.

GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Onto Innovation Inc's intrinsic value.