ASML Holding N.V. (ASML) vs Onto Innovation Inc. (ONTO)

ASML Holding N.V. and Onto Innovation Inc. are both Semiconductor Equipment & Materials companies. ASML Holding N.V. is the larger, with a market value of $549.1B against $8.5B — 64.6× the size. ASML Holding N.V. trades at the lower P/E: 37.2× against 72.1×. ASML Holding N.V. grew revenue faster over the last twelve months: 28.8% against 8.08%. ASML Holding N.V. has the higher net margin (34.1% vs 11.8%) and the higher return on invested capital (84.9% vs 5.56%). Across the 22 metrics below, ASML Holding N.V. leads on 15 and Onto Innovation Inc. on 7.

Valuation

Metric ASML ONTO Semiconductor Equipment & Materials median
P/E 37.19 72.12 37.75
P/S 12.64 8.56 4.76
P/B 26.10 4.99 3.32
Price to free cash flow 24.18 37.97 36.67
EV/EBITDA 30.24 42.48 25.77
EV/Sales 12.41 8.19 5.57
Earnings yield 2.69% 1.39% 2.23%
Free cash flow yield 4.14% 2.63% 2.03%

Profitability

Metric ASML ONTO Semiconductor Equipment & Materials median
Gross margin 54.35% 50.36% 46.86%
Operating margin 38.55% 12.02% 12.02%
Net margin 34.13% 11.84% 10.20%
Free cash flow margin 52.28% 22.54% 6.73%
Return on equity 0.00% 6.82% 5.32%
Return on assets 25.93% 4.54% 4.10%
Return on invested capital 84.93% 5.56% 6.36%

Growth

Metric ASML ONTO Semiconductor Equipment & Materials median
Revenue growth (TTM) 28.77% 8.08% 16.51%
EPS growth (last fiscal year) 34.25% (31.53%) (4.56%)
Revenue growth, 5-year CAGR 18.28% 12.55% 10.11%
Net income growth, 5-year CAGR 21.78% 34.54% 0.00%

Health

Metric ASML ONTO Semiconductor Equipment & Materials median
Debt to equity 0.09 0.77 0.09
Current ratio 1.49 9.73 3.56
Net debt to EBITDA (0.72) (3.39) (0.49)

Dividend

Metric ASML ONTO Semiconductor Equipment & Materials median
Dividend yield 0.62% — 0.53%
Payout ratio 0.23 — 0.17

Size

Metric ASML ONTO Semiconductor Equipment & Materials median
Market cap 549.13b 8.50b 2.92b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack