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Onto Innovation (MEX:ONTO) Cyclically Adjusted Price-to-FCF : 21.63 (As of Jun. 05, 2025)


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What is Onto Innovation Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Onto Innovation's current share price is MXN1996.23. Onto Innovation's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN92.31. Onto Innovation's Cyclically Adjusted Price-to-FCF for today is 21.63.

The historical rank and industry rank for Onto Innovation's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:ONTO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.11   Med: 45.07   Max: 113.73
Current: 36.76

During the past years, Onto Innovation's highest Cyclically Adjusted Price-to-FCF was 113.73. The lowest was 21.11. And the median was 45.07.

MEX:ONTO's Cyclically Adjusted Price-to-FCF is ranked worse than
56.34% of 355 companies
in the Semiconductors industry
Industry Median: 31.78 vs MEX:ONTO: 36.76

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Onto Innovation's adjusted free cash flow per share data for the three months ended in Mar. 2025 was MXN34.677. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is MXN92.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onto Innovation Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Onto Innovation's Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Chart

Onto Innovation Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.10 72.50 41.73 77.00 67.68

Onto Innovation Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 88.44 100.10 87.02 67.68 46.43

Competitive Comparison of Onto Innovation's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Onto Innovation's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Onto Innovation's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Onto Innovation's Cyclically Adjusted Price-to-FCF falls into.


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Onto Innovation Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Onto Innovation's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1996.23/92.31
=21.63

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Onto Innovation's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=34.677/134.9266*134.9266
=34.677

Current CPI (Mar. 2025) = 134.9266.

Onto Innovation Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.379 100.684 1.848
201509 3.295 100.392 4.428
201512 6.974 99.792 9.429
201603 -5.078 100.470 -6.819
201606 12.703 101.688 16.855
201609 14.429 101.861 19.113
201612 10.427 101.863 13.812
201703 9.101 102.862 11.938
201706 8.485 103.349 11.078
201709 7.460 104.136 9.666
201712 13.458 104.011 17.458
201803 2.228 105.290 2.855
201806 3.067 106.317 3.892
201809 9.324 106.507 11.812
201812 5.640 105.998 7.179
201903 -2.226 107.251 -2.800
201906 7.624 108.070 9.519
201909 10.581 108.329 13.179
201912 -3.986 108.420 -4.960
202003 3.696 108.902 4.579
202006 17.123 108.767 21.241
202009 11.333 109.815 13.925
202012 13.203 109.897 16.210
202103 19.432 111.754 23.461
202106 7.909 114.631 9.309
202109 19.931 115.734 23.236
202112 19.806 117.630 22.718
202203 17.137 121.301 19.062
202206 2.227 125.017 2.404
202209 11.653 125.227 12.556
202212 16.174 125.222 17.427
202303 15.494 127.348 16.416
202306 9.422 128.729 9.876
202309 7.399 129.860 7.688
202312 20.276 129.419 21.139
202403 16.769 131.776 17.170
202406 19.564 132.554 19.914
202409 23.456 133.029 23.791
202412 21.587 133.157 21.874
202503 34.677 134.927 34.677

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Onto Innovation  (MEX:ONTO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Onto Innovation Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Onto Innovation's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Onto Innovation Business Description

Industry
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, Southeast Asia, China, Japan, and Europe, with Taiwan and South Korea the sources of total revenue.