Nova Ltd. (NVMI) vs Onto Innovation Inc. (ONTO)
Nova Ltd. and Onto Innovation Inc. are both Semiconductor Equipment & Materials companies. Onto Innovation Inc. is the larger, with a market value of $13.9B against $11.7B — 1.2× the size. Nova Ltd. trades at the lower P/E: 42.4× against 107×. Nova Ltd. grew revenue faster over the last twelve months: 16.2% against 8.08%. Nova Ltd. has the higher net margin (28.8% vs 11.8%) and the higher return on invested capital (14.4% vs 5.56%). Across the 22 metrics below, Nova Ltd. leads on 14 and Onto Innovation Inc. on 8.
Valuation
Profitability
| Metric | NVMI | ONTO | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 57.12% | 50.36% | 43.95% |
| Operating margin | 28.97% | 12.02% | 10.32% |
| Net margin | 28.84% | 11.84% | 7.45% |
| Free cash flow margin | 20.24% | 22.54% | 6.77% |
| Return on equity | 0.00% | 6.82% | 4.78% |
| Return on assets | 13.44% | 4.54% | 3.62% |
| Return on invested capital | 14.41% | 5.56% | 6.10% |
Growth
Health
Dividend
Size
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