Onto Innovation Inc. ONTO
Industrial Machinery/Components · data as of November 13, 2026
Onto Innovation Inc. (ONTO) is a industrial company listed in the US with a market value of about $10.0B. In the twelve months to September 30, 2026 it had revenue of $1.3B and net income of $151M, a net margin of 11.5%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is track record (3/5); the weakest is value (2/5).
Key numbers: a P/E of 67.0, a price to free cash flow of 40.4, 5-year revenue growth of 13% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 85% above the current price.
Score: 2.4 / 5
Checks passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 5-year average ROIC above 12%
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.0B | $987M | $816M | $1.0B | $789M | $556M | $306M | $325M | $259M | $221M |
| Net income | $151M | $137M | $202M | $121M | $223M | $142M | $31M | $223M | $58M | $30M | $44M |
| Free cash flow | $248M | $300M | $214M | $149M | $118M | $163M | $102M | $11M | $96M | $15M | $42M |
| EPS (diluted) | $3.04 | $2.78 | $4.06 | $2.46 | $4.49 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Net margin | 11.5% | 13.6% | 20.4% | 14.8% | 22.2% | 18.0% | 5.6% | 73.0% | 17.8% | 11.7% | 19.9% |
| ROIC | — | 5.3% | 8.8% | 6.0% | 13.5% | -8.6% | -1.8% | -0.3% | 18.1% | 11.4% | 7.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 12 analysts is $329.00, 62% above the current price; targets range from $240.00 to $450.00; the consensus rating is “Strong buy”; expected EPS is $8.48 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Onto Innovation’s P/E ratio?
About 67.0, based on the last twelve months of diluted earnings per share (forward P/E about 17.9).
Is Onto Innovation stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 85% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Onto Innovation pay a dividend?
Not currently.
Is Onto Innovation a good stock to buy?
We do not give buy or sell advice. Onto Innovation scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.