Is the price fair?
What ONTO's price assumes
Onto Innovation Inc. trades at 136× earnings against 50.3× for the median Semiconductor Equipment & Materials name, more expensive than its own group.
136
Trailing P/E · Semiconductor Equipment & Materials median 50.3 · 2.71× the median: the market pays up for this one
- Free cash flow yield
- 1.4%
Free cash flow yield · Semiconductor Equipment & Materials median 1.2%
- Growth the price implies
- +22%
Growth the price implies · The price pays for +22% free cash flow growth a year for a decade; the business has delivered +27% a year over the last three.
- Price / book
- 4.81
Price / book · as of 2026-Q1
Details›
- Price / book2026-Q1
- 4.81
- Technology median P/E376 names
- 37.0
- Semiconductor Equipment & Materials median P/E23 names
- 50.3
- Free cash flow, trailing twelve months
- $239M
- Market capitalisation
- $16.6B
- 3-year revenue growth
- +2.3%
- 3-year free cash flow growth
- +27%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $58.65 |
| Its own P/E history, median | $80.97 |
| Its own P/E history, upper quartile | $107.26 |
| 52-week range | $101.95 – $350.93 |
| Today | $291.79 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Semiconductor Equipment & Materials
Ranks #14 of 22 by Smart Score