Onto Innovation Inc. (ONTO) Stock Analysis
Market Closed
Sector: Technology · Industry: Measuring & Controlling Devices, Nec
AnalystsStrong Buy18 analystsWhat's happening with ONTO
Price History
5-Year Weekly Candlestick Chart
Profile
Strong growth and financial health; valuation and earnings quality lag behind.
How is each axis scored?
- Valuation20/100 · Weak
- P/E vs own history (93th pct)0/25
- FCF yield (1.6%)5/25
- P/S (13.9x)5/25
- EV/EBIT (n/a)10/25
- Growth100/100 · Strong
- Revenue CAGR (34.0%)25/25
- Net income CAGR (220.6%)25/25
- EPS CAGR 5Y (182.6%)25/25
- Fwd implied growth (100.9%)25/25
- Profitability69/100 · Moderate
- ROIC (10.0%)12/25
- ROE (9.5%)12/25
- Net margin (20.4%)25/25
- Operating margin (19.0%)20/25
- Financial Health100/100 · Strong
- Altman Z (32.94)25/25
- Current ratio (6.15)25/25
- Interest coverage (174.0x)25/25
- Net cash / debt (Net cash)25/25
- Quality47/100 · Weak
- Piotroski F (5/9)15/25
- Beneish M (-2.39)20/25
- FCF conversion (n/a)0/25
- Margin stability (σ 11.3%)12/25
About Onto Innovation Inc.
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. Show more
The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Southeast Asia, China, Japan, and Europe, with Taiwan and South Korea the sources of total revenue.
Headquarters: WILMINGTON, MA · Employees: 1,790 · Website ↗
Insider Transactions
Recent SEC Form 4 filings
- SellTax withholding · filed 2026-09-04-1516 sh2026-09-02
- SellTax withholding · filed 2026-09-04-3239 sh2026-09-02
- SellOpen market sale · filed 2026-08-25-1000 sh2026-08-21
- BuyGrant / award · filed 2026-05-22+761 sh2026-05-20
- BuyGrant / award · filed 2026-05-22+761 sh2026-05-20
+3 more recent filings
Key Metrics
Financial snapshot — pillar inputs plus per-share and market context
Valuation
20EP/E (TTM)69.4xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 14.5x–93.8x · 93rd pct
P/FCF54.0xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield1.6%C
Grade C: LowTTM FCF / Market Cap — vs own 5Y history: 1.0%–5.4% · 23rd pct
P/S (TTM)13.91xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 3.0x–19.2x · 94th pct
EV/EBITDA70.5xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales12.4xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E34.5xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio6.44xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
69BROIC10.0%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE9.5%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA5.0%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin20.4%A
Grade A: HighNet Income / Revenue
Operating Margin19.0%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin52.2%A
Grade A: PremiumGross Profit / Revenue
FCF Margin21.7%A
Grade A: HighFCF / Revenue
True FCF Margin18.8%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Financial Health
100A+Altman Z-Score32.94A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio6.15xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio4.15xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage174.0xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Growth
100A+Revenue CAGR34.0%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR220.6%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)182.6%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth100.9%A
Grade A: HighImplied 1Y EPS growth from forward P/E vs our TTM EPS. Sparse — only where forward estimates exist
Dilution (5Y)+0.9%B
Grade B: FlatShare count change over 5Y
SBC / Net Income14.2%C
Grade C: MedStock-based comp/Net income. >30% = dilution risk
SBC / Revenue2.9%A
Grade A: LowTTM stock-based comp / TTM Revenue
Quality
47D+Piotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.39A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability11.3%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue3.2%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.42xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Per Share, Balance Sheet, MarketHide additional metrics
Per Share
EPS (TTM)$4.03
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$12.87
Cash & short-term investments per share (Finnhub)
Book Value / Share$42.26
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$654.16M
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$2.13B
Shareholders' equity (book value)
Asset / Liability9.07xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$13.73B
Current Market Capitalization
Beta1.61C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
Takeaway
Company is effectively debt-free after netting cash. · Current P/E of 69.4x sits at the 93rd percentile of its historical range.
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Mar 2026 · Ratio snapshot Sep 25, 2026
Key Insights: Onto Innovation Inc. (ONTO)
Piotroski F-Score of 5/9 indicates mixed fundamentals for Onto Innovation Inc.. Altman Z-Score of 32.94 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.39 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 34% annually, with net income growing about 221% per year — a strong growth profile.
- Onto Innovation Inc. converts about 22% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- At a valuation score of 20/100, ONTO trades at a premium to its historical multiples (P/E 69.4).
See how ONTO ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ONTO moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Sep 21 | Regular | 276.05 | +4.79% | 3.19 |
| Sep 21 | After-hours | 277.00 | +5.15% | 3.43 |
Frequently Asked Questions about ONTO
Is ONTO stock a buy right now?
PreMarketPrice's quantitative model rates Onto Innovation Inc.'s financial health at 100/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ONTO stock overvalued?
Onto Innovation Inc. trades at a trailing P/E of 69.4 and our valuation score rates it 20/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Onto Innovation Inc. report earnings?
No confirmed earnings date is currently scheduled for ONTO. The Earnings section lists recent reports and updates as dates are announced.
What sector does Onto Innovation Inc. operate in?
Onto Innovation Inc. operates in the Technology sector, within the Measuring & Controlling Devices, Nec industry. The Related Stocks section lists sector peers for comparison.
What does Onto Innovation Inc. do?
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers.
About Onto Innovation Inc. (ONTO) Stock
Onto Innovation Inc. (ONTO) is a US-listed stock operating in the Technology sector, specifically the Measuring & Controlling Devices, Nec industry. Real-time pricing data for Onto Innovation Inc. is available on this page with a market capitalization of $13.7 billion. The financial health score for ONTO is 100/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ONTO stock.
ONTO Stock Analysis & Key Metrics
On PreMarketPrice, you can track Onto Innovation Inc. (ONTO) across multiple dimensions:
- Pre-market price & movement: Real-time ONTO stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ONTO with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Onto Innovation Inc. across multiple reporting periods.
- Financial health score: A composite score of 100/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ONTO.
- Sector peers: Compare ONTO against 10 other technology stocks on key financial metrics.
Is ONTO a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Onto Innovation Inc. (ONTO) as an investment. The financial health score of 100/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Onto Innovation Inc. (ONTO) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.