ONTO's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 615.08 -- higher than 94.47% of US-listed equities with positive expected earnings growth.
For ONTO, its debt to operating expenses ratio is greater than that reported by merely 0.35% of US equities we're observing.
With a year-over-year growth in debt of -100%, Onto Innovation Inc's debt growth rate surpasses only 0% of about US stocks.
Stocks with similar financial metrics, market capitalization, and price volatility to Onto Innovation Inc are CPSI, PRGS, COHU, MKSI, and CMTL.
Onto Innovation (Combination of Nanometrics and Rudolph Technologies) engages in design, development, manufacture and support of defect inspection, lithography, process control metrology, and data analysis systems and software used by semiconductor and advanced packaging device manufacturers worldwide. The company was founded in 1940 and is based in Flanders, New Jersey.
ONTO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Onto Innovation Inc. To summarize, we found that Onto Innovation Inc ranked in the 71th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for ONTO, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 100. Notably, its equity weight is greater than 96.39% of US equities in the Technology sector yielding a positive free cash flow.
The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately merely 0.05% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
ONTO's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 59.72% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ONTO, try DTST, KN, APPS, EIGI, and MTSI.
* Presentation Times and Weblinks Released for Over 150 Presenting Companies * Day 1: Wednesday, September 23, 2020 * ALL INSTITUTIONAL AND RETAIL INVESTORS ARE WELCOMENEW YORK, NY / ACCESSWIRE / September 22, 2020 / Sidoti & Company, LLC has released the presentation schedule, with weblink click-throughs, for Wednesday, September 23, 2020, the first day of its two-day Fall 2020 Virtual Investor Conference.
Onto Innovation Inc. (ONTO) Q2 2020 Earnings Conference Call August 4, 2020, 04:30 PM ET Company Participants Mike Sheaffer - IR Michael Plisinski - CEO Steven Roth - CFO Conference Call Participants Craig Ellis - B. Riley FBR Patrick Ho - Stifel Quinn Bolton - Needham Tom Diffely - D.A....