GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Onto Innovation Inc (NYSE:ONTO) » Definitions » Peter Lynch Fair Value

Onto Innovation (Onto Innovation) Peter Lynch Fair Value : $85.15 (As of Apr. 26, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Onto Innovation Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Onto Innovation's PEG is 1. Onto Innovation's 5-Year TTM EBITDA Growth Rate is 25. Onto Innovation's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.41. Therefore, the Peter Lynch Fair Value for today is $85.15.

As of today (2024-04-26), Onto Innovation's share price is $182.33. Onto Innovation's Peter Lynch fair value is $85.15. Therefore, Onto Innovation's Price to Peter Lynch Fair Value Ratio for today is 2.14.


The historical rank and industry rank for Onto Innovation's Peter Lynch Fair Value or its related term are showing as below:

ONTO' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.57   Med: 1.35   Max: 83.05
Current: 2.15


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Onto Innovation was 83.05. The lowest was 0.57. And the median was 1.35.


ONTO's Price-to-Peter-Lynch-Fair-Value is ranked worse than
64.62% of 325 companies
in the Semiconductors industry
Industry Median: 1.5 vs ONTO: 2.15

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Onto Innovation Peter Lynch Fair Value Historical Data

The historical data trend for Onto Innovation's Peter Lynch Fair Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Onto Innovation Peter Lynch Fair Value Chart

Onto Innovation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 - - 118.93 85.15

Onto Innovation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Peter Lynch Fair Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 118.93 106.98 100.60 97.90 85.15

Competitive Comparison of Onto Innovation's Peter Lynch Fair Value

For the Semiconductor Equipment & Materials subindustry, Onto Innovation's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Onto Innovation's Price-to-Peter-Lynch-Fair-Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Onto Innovation's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Onto Innovation's Price-to-Peter-Lynch-Fair-Value falls into.



Onto Innovation Peter Lynch Fair Value Calculation

Onto Innovation's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 25 *3.406
=85.15

Onto Innovation's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.41.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Onto Innovation  (NYSE:ONTO) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 25 instead of 15 in this case.

Onto Innovation's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=182.33/85.15
=2.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Onto Innovation Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of Onto Innovation's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Onto Innovation (Onto Innovation) Business Description

Traded in Other Exchanges
Address
16 Jonspin Road, Wilmington, MA, USA, 01887
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Asia, and Europe, with China and South Korea the largest sources of total revenue.
Executives
Mark Slicer officer: Chief Financial Officer 16 JONSPIN ROAD, WILMINGTON MA 01887
Robert Fiordalice other: See Remarks C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Srinivas Vedula officer: SVP, Customer Success C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Michael P Plisinski director, officer: Chief Executive Officer C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
D Mayson Brooks officer: VP, GM IBU C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Ju Jin other: SEE REMARKS C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
David Brian Miller director C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Karen M Rogge director APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
May Su director 16 JONSPIN ROAD, WILMINGTON MA 01887
Ramil Yaldaei officer: Chief Operating Officer C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Yoon Ah Oh officer: General Counsel 16 JONSPIN ROAD, WILMINGTON MA 01887
James Harlow officer: Chief Operating Officer 16 JONSPIN RD, WILMINGTON MA 01887
Stephen Douglas Kelley director 1900 S. PRICE ROAD, CHANDLER AZ 85286
Steven R Roth officer: SEE REMARKS C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Bruce C Rhine director C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887