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Onto Innovation Stock Summary

Onto Innovation competes with Universal Display, Cirrus Logic, Camtek, Semtech, and ExlService Holdings. Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and 2D3D optical metrology, lithography systems, and process control analytical software worldwide. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts. Onto Innovation operates under Semiconductor Equipment Materials classification in the United States and is traded on New York Stock Exchange. It employs 1411 people.

Onto Innovation Key Financial Ratios

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Onto Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Onto Innovation's current stock value. Our valuation model uses many indicators to compare Onto Innovation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Onto Innovation competition to find correlations between indicators driving Onto Innovation's intrinsic value. More Info.Onto Innovation is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.64  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Onto Innovation is roughly  1.57 . At this time, Onto Innovation's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Onto Innovation's earnings, one of the primary drivers of an investment's value.

Onto Innovation's Earnings Breakdown by Geography

Onto Innovation fundamental ratios Correlations

Onto Innovation Account Relationship Matchups

Onto Innovation fundamental ratios Accounts

Today, most investors in Onto Innovation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Onto Innovation's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Onto Innovation growth as a starting point in their analysis.

Along with financial statement analysis, the daily predictive indicators of Onto Innovation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Onto Innovation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Onto Innovation based on widely used predictive technical indicators. In general, we focus on analyzing Onto Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Onto Innovation's daily price indicators and compare them against related drivers.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onto Innovation. If investors know Onto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.