Onto Innovation Inc. (ONTO) Valuation — DCF, Graham & Comparables

Onto Innovation Inc. (ONTO) — Price $201.57 (closing price, October 30, 2026) — Technology — Semiconductors — NYSE

Latest reported results:

Valuation dashboard for Onto Innovation Inc. (ONTO) with P/E 75.78, P/B 5.18, EV/EBITDA 40.72 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Onto Innovation Inc. is a global leader in designing, manufacturing, and supporting cutting-edge process control solutions. The company's diverse portfolio encompasses tools for macro defect inspection, 2D/3D optical metrology, and lithography systems, alongside sophisticated analytical software for process control.

Analysis Summary

Onto Innovation Inc. reported revenue of $1.01B in the most recent fiscal year, growing at a 5-year CAGR of 12.6%. Net income reached $136.8M, with a 34.5% 5-year CAGR.

Trailing-twelve-month margins: gross margin 50.4%, operating margin 12.5%, net margin 11.8%.

At $201.57 (closing price, October 30, 2026), ONTO trades at a P/E of 75.78 and an ROE of 6.50%. Market capitalisation stands at $9.9B.

Balance sheet quality for ONTO: current ratio of 5.8. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio75.78
Price / Book5.18
EV / EBITDA40.72
Dividend Yield0.00%

Valuation Models

DCF Fair Value$61.78
vs Current Price-69.4%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
ONTOOnto Innovation Inc.$9.9B75.785.186.5%
ASMLASML Holding N.V.$603.5B40.8824.8663.9%
LRCXLam Research Corporation$299.2B35.6321.5071.7%
AMATApplied Materials, Inc.$309.6B33.6312.0940.4%
KLACKLA Corporation$206.1B39.5031.6087.0%
NVMINova Ltd.$9.9B38.797.4320.2%
CAMTCamtek Ltd.$5.4B191.288.325.8%
VECOVeeco Instruments Inc.$2.4B107.172.682.6%

Price

Price$201.57 (closing price, October 30, 2026)
Market Cap$9.9B
ExchangeNYSE
CountryUS

Profitability

Return on Equity6.50%
Return on Invested Capital3.42%
Return on Assets3.58%
Gross Margin50.36%
Operating Margin12.48%
Net Margin11.84%

Related companies: ASML · LRCX · AMAT · KLAC · NVMI · CAMT · VECO

Explore sector: Technology · Semiconductors

More sections of ONTO: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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