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Onto Innovation has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
GuruFocus does not calculate Onto Innovation's interest coverage with the available data.
Onto Innovation's debt to revenue ratio for the quarter that ended in Jun. 2026 was 1.07.
As of today, Onto Innovation's Altman Z-Score is 6.49.
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Onto Innovation has the Financial Strength Rank of 5.
Onto Innovation Financial Strength Related Terms
MEX:ONTO vs NVMI, AMKR, FORM: Financial Strength Comparison
For the Semiconductor Equipment & Materials subindustry, Onto Innovation's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Onto Innovation's Financial Strength distribution charts can be found below:
* The bar in red indicates where Onto Innovation's Financial Strength falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Onto Innovation has a Z-score of 6.49, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 6.49 is strong.
* 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 (MEX:ONTO) has a Financial Strength of 5 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Onto Innovation and its competitors. This is 44% below median its historical median of 9.00. Over the past decade, Onto Innovation's Financial Strength has ranged from 8.00 to 9.00.
Is Onto Innovation's Financial Strength too high?
Onto Innovation's current Financial Strength of 5 is 44% below median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 8.00 to a high of 9.00. Overall, Onto Innovation has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Onto Innovation's Financial Strength compare to NVMI and AMKR?
Onto Innovation's Financial Strength of 5 can be compared against companies in the Semiconductors industry. Historically, Onto Innovation's own Financial Strength has ranged from 8.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Semiconductors company?
A good Financial Strength depends on the Semiconductors industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Onto Innovation and its competitors. Onto Innovation's current Financial Strength is 5, which is 44% below median its own 10-year median of 9.00. 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 (MEX:ONTO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN3,381.62, compared to a current price of MXN4,520.00 — trading 33.7% above its estimated fair value. The current Financial Strength is 5, which is 44% below median its 10-year median of 9.00. Onto Innovation's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Onto Innovation (MEX:ONTO), the current Financial Strength is 5 as of Jun. 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 (MEX:ONTO) Overvalued in 2026?
Based on GuruFocus' analysis, Onto Innovation stock appears to be overvalued.
The current stock price of MXN4,520.00 is trading 33.7% above its estimated GF Value™ of MXN3,381.62.
GuruFocus considers Onto Innovation to be Significantly Overvalued.
Key valuation signals for MEX:ONTO:
Financial Strength: 5 (44% below median its 10-year median of 9.00)
GF Value™: MXN3,381.62 vs. price of MXN4,520.00 (33.7% above fair value)
No single metric tells the full story. See the MEX: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.
66GF Score
Get the complete analysis for MEX:ONTO
Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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