Onto InnovationONTO +6.68%85 OCF Margin % is 9.02% as of Mar. 2026, which is 56% below its 10-year median of 20.73. GuruFocus rates ONTO with a GF Score™ of 85/100 and a GF Value™ of $189.26 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,023 Semiconductors companies, Onto Innovation ranks better than 83.58% on this metric.
The historical rank and industry rank for Onto Innovation's OCF Margin % or its related term are showing as below:
ONTO'
s OCF Margin % Range Over the Past 10 Years
Min: 5.93 Med: 20.73 Max: 32.66
Current: 25.49
During the past 13 years, the highest OCF Margin % of Onto Innovation was 32.66%. The lowest was 5.93%. And the median was 20.73%.
ONTO's OCF Margin % is ranked better than 83.58% of 1023
companies
in the Semiconductors industry
Industry Median: 9.39
vs ONTO: 25.49
Onto Innovation OCF Margin % Related Terms
Onto Innovation OCF Margin % Historical Data
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The historical data trend for Onto Innovation's OCF Margin % 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.
For the Semiconductor Equipment & Materials subindustry, Onto Innovation's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Onto Innovation's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Onto Innovation's OCF Margin % falls into.
* 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 (ONTO) has a OCF Margin % of 9.02% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Onto Innovation and its competitors. This is 56% below median its historical median of 20.73. Over the past decade, Onto Innovation's OCF Margin % has ranged from 5.93 to 32.66. According to the industry distribution chart, Onto Innovation ranks #168 out of 1023 companies in the Semiconductors industry, placing it in the top 16.4%.
Is Onto Innovation's OCF Margin % too high?
Onto Innovation's current OCF Margin % of 9.02% is 56% below median its 10-year median of 20.73. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 32.66. The Semiconductors industry median OCF Margin % is 9.39. Onto Innovation's value of 9.02% is 3.9% below this industry median. Based on the distribution chart, Onto Innovation ranks #168 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Onto Innovation has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Onto Innovation's OCF Margin % compare to NVMI and FORM?
According to the Semiconductors industry distribution chart, Onto Innovation ranks #168 out of 1023 companies for OCF Margin %. This places Onto Innovation in the top 16% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 9.39. Onto Innovation's value of 9.02% is 3.9% below this benchmark. Historically, Onto Innovation's own OCF Margin % has ranged from 5.93 to 32.66 over the past decade. While the company's 10-year median is 20.73 vs. the industry median of 9.39, Onto Innovation has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Semiconductors company?
The median OCF Margin % among Semiconductors companies is 9.39, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onto Innovation's current OCF Margin % of 9.02% is 3.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Onto Innovation and its competitors. For the Semiconductors industry, the median OCF Margin % is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onto Innovation's current OCF Margin % is 9.02%, which is 56% below median its own 10-year median of 20.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onto Innovation stock overvalued right now?
Based on GuruFocus' analysis, Onto Innovation (ONTO) is currently considered Significantly Overvalued. The stock's GF Value™ is $189.26, compared to a current price of $343.75 — trading 81.6% above its estimated fair value. The current OCF Margin % is 9.02%, which is 56% below median its 10-year median of 20.73 and 3.9% below the Semiconductors industry median of 9.39. Onto Innovation's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Onto Innovation (ONTO), the current OCF Margin % is 9.02% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Onto Innovation (ONTO) Overvalued in 2026?
Based on GuruFocus' analysis, Onto Innovation stock appears to be overvalued.
The current stock price of $343.75 is trading 81.6% above its estimated GF Value™ of $189.26.
GuruFocus considers Onto Innovation to be Significantly Overvalued.
Key valuation signals for ONTO:
OCF Margin %: 9.02% (56% below median its 10-year median of 20.73)
GF Value™: $189.26 vs. price of $343.75 (81.6% above fair value)
Industry Position: 3.9% below the Semiconductors median (#168 of 1023)
No single metric tells the full story. See the ONTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
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