ONTO INNOVATION INC. (ONTO)

Measuring & Controlling Devices, NEC

Latest Price

$250.13

TTM P/E

Normalized P/E

72.86

Div Yield

Book Value

38.78

P/B Ratio

6.45

Valuation metrics

EPS: $2.78

Book value / share: $42.26

Formula: √(22.5 × EPS × BVPS)

Graham Number

$51.42

79% downside

Norm. op. income: $71M (median of 4yr)

Tax rate: 12%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$19.55

92% downside

Base FCF: $126M (median of recent 4yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$195.30

22% downside

EPS: $2.78

Target P/E: 73×

Formula: EPS × P/E

P/E Fair Value

$202.94

19% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Andar Capital Management HK Ltd	26.11M	$69.0M	53.26%	+26.04M	2026-06-30
BlackRock, Inc.	5.51M	$2.08B	11.23%	-29.1K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	2.73M	$1.03B	5.56%	-15.1K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	2.25M	$850.0M	4.58%	+24.9K	2026-06-30
STATE STREET CORP	1.55M	$588.0M	3.17%	+55.1K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	1.43M	$542.0M	2.92%	+222.7K	2026-06-30
Invesco Ltd.	1.35M	$511.0M	2.76%	+719.1K	2026-06-30
PARADIGM CAPITAL MANAGEMENT INC/NY	1.10M	$416.0M	2.25%	-1.0K	2026-06-30
Point72 Asset Management, L.P.	972.2K	$367.0M	1.98%	-231.5K	2026-06-30
FMR LLC	883.3K	$334.0M	1.80%	+54.3K	2026-06-30