ONTO PE Ratio & Valuation,Is ONTO Overvalued

ONTO Relative Valuation

ONTO's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ONTO is overvalued; if below, it's undervalued.

Historical Valuation

Onto Innovation Inc (ONTO) is now in the Fair zone, suggesting that its current forward PE ratio of 28.16 is considered Fairly compared with the five-year average of 23.42. The fair price of Onto Innovation Inc (ONTO) is between 103.34 to 170.38 according to relative valuation methord.

Relative Value

Fair Zone

103.34-170.38

Current Price：156.36

Fair

28.16

19.62

EV/EBITDA

Onto Innovation Inc. (ONTO) has a current EV/EBITDA of 19.62. The 5-year average EV/EBITDA is 18.11. The thresholds are as follows: Strongly Undervalued below 5.23, Undervalued between 5.23 and 11.67, Fairly Valued between 24.55 and 11.67, Overvalued between 24.55 and 31.00, and Strongly Overvalued above 31.00. The current Forward EV/EBITDA of 19.62 falls within the Historic Trend Line -Fairly Valued range.

22.83

EV/EBIT

Onto Innovation Inc. (ONTO) has a current EV/EBIT of 22.83. The 5-year average EV/EBIT is 19.06. The thresholds are as follows: Strongly Undervalued below 4.72, Undervalued between 4.72 and 11.89, Fairly Valued between 26.23 and 11.89, Overvalued between 26.23 and 33.41, and Strongly Overvalued above 33.41. The current Forward EV/EBIT of 22.83 falls within the Historic Trend Line -Fairly Valued range.

6.97

Onto Innovation Inc. (ONTO) has a current PS of 6.97. The 5-year average PS is 5.88. The thresholds are as follows: Strongly Undervalued below 1.63, Undervalued between 1.63 and 3.75, Fairly Valued between 8.00 and 3.75, Overvalued between 8.00 and 10.12, and Strongly Overvalued above 10.12. The current Forward PS of 6.97 falls within the Historic Trend Line -Fairly Valued range.

35.21

P/OCF

Onto Innovation Inc. (ONTO) has a current P/OCF of 35.21. The 5-year average P/OCF is 15.99. The thresholds are as follows: Strongly Undervalued below -15.27, Undervalued between -15.27 and 0.36, Fairly Valued between 31.62 and 0.36, Overvalued between 31.62 and 47.25, and Strongly Overvalued above 47.25. The current Forward P/OCF of 35.21 falls within the Overvalued range.

40.89

P/FCF

Onto Innovation Inc. (ONTO) has a current P/FCF of 40.89. The 5-year average P/FCF is 14.34. The thresholds are as follows: Strongly Undervalued below -16.79, Undervalued between -16.79 and -1.22, Fairly Valued between 29.91 and -1.22, Overvalued between 29.91 and 45.48, and Strongly Overvalued above 45.48. The current Forward P/FCF of 40.89 falls within the Overvalued range.

Onto Innovation Inc (ONTO) has a current Price-to-Book (P/B) ratio of 3.83. Compared to its 3-year average P/B ratio of 3.88 , the current P/B ratio is approximately -1.42% higher. Relative to its 5-year average P/B ratio of 3.36, the current P/B ratio is about 13.77% higher. Onto Innovation Inc (ONTO) has a Forward Free Cash Flow (FCF) yield of approximately 3.37%. Compared to its 3-year average FCF yield of 2.71%, the current FCF yield is approximately 24.26% lower. Relative to its 5-year average FCF yield of 3.15% , the current FCF yield is about 6.75% lower.

3.83

P/B

Median3y

3.88

Median5y

3.36

3.37

FCF Yield

Median3y

2.71

Median5y

3.15

Competitors Valuation Multiple

The average P/S ratio for ONTO's competitors is 5.20, providing a benchmark for relative valuation. Onto Innovation Inc Corp (ONTO) exhibits a P/S ratio of 6.97, which is 34.17% above the industry average. Given its robust revenue growth of -13.49%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of ONTO decreased by 6.19% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 30.20 to 44.03.

The secondary factor is the Revenue Growth, contributed -13.49%to the performance.

Overall, the performance of ONTO in the past 1 year is driven by P/E Change. Which is more unsustainable.

-13.49%

252.21M → 218.19M

Revenue Growth

-38.47%

21.03 → 12.94

Margin Expansion

45.77%

30.20 → 44.03

P/E Change

-6.19%

166.67 → 156.36

Mkt Cap Growth

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Frequently Asked Questions

Is Onto Innovation Inc (ONTO) currently overvalued or undervalued?

What is Onto Innovation Inc (ONTO) fair value?

ONTO's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Onto Innovation Inc (ONTO) is between 103.34 to 170.38 according to relative valuation methord.

How does ONTO's valuation metrics compare to the industry average?

What is the current P/B ratio for Onto Innovation Inc (ONTO) as of Dec 15 2025?

As of Dec 15 2025, Onto Innovation Inc (ONTO) has a P/B ratio of 3.83. This indicates that the market values ONTO at 3.83 times its book value.

What is the current FCF Yield for Onto Innovation Inc (ONTO) as of Dec 15 2025?

As of Dec 15 2025, Onto Innovation Inc (ONTO) has a FCF Yield of 3.37%. This means that for every dollar of Onto Innovation Inc’s market capitalization, the company generates 3.37 cents in free cash flow.

What is the current Forward P/E ratio for Onto Innovation Inc (ONTO) as of Dec 15 2025?

As of Dec 15 2025, Onto Innovation Inc (ONTO) has a Forward P/E ratio of 28.16. This means the market is willing to pay $28.16 for every dollar of Onto Innovation Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Onto Innovation Inc (ONTO) as of Dec 15 2025?

As of Dec 15 2025, Onto Innovation Inc (ONTO) has a Forward P/S ratio of 6.97. This means the market is valuing ONTO at $6.97 for every dollar of expected revenue over the next 12 months.

ONTO Valuation