WallStSmart

Onto Innovation Inc (ONTO)vsQnity Electronics, Inc (Q)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Qnity Electronics, Inc generates 365% more annual revenue ($5.21B vs $1.12B). ONTO leads profitability with a 11.8% profit margin vs 11.3%. ONTO appears more attractively valued with a PEG of 0.76. ONTO earns a higher WallStSmart Score of 66/100 (B-).

ONTO

Strong Buy

66

out of 100

Grade: B-

Growth: 8.0Profit: 6.0Value: 5.0Quality: 7.5
Piotroski: 2/9Altman Z: 6.34

Q

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 6.5Value: 5.0Quality: 5.5
Piotroski: 2/9Altman Z: 1.35

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ONTO5 strengths · Avg: 9.2/10
Revenue GrowthGrowth
35.3%10/10

Revenue surging 35.3% year-over-year

EPS GrowthGrowth
75.4%10/10

Earnings expanding 75.4% YoY

Altman Z-ScoreHealth
6.3410/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.768/10

Growing faster than its price suggests

Operating MarginProfitability
23.0%8/10

Strong operational efficiency at 23.0%

Q2 strengths · Avg: 8.0/10
Operating MarginProfitability
22.3%8/10

Strong operational efficiency at 22.3%

Revenue GrowthGrowth
22.1%8/10

Revenue surging 22.1% year-over-year

Areas to Watch

ONTO3 concerns · Avg: 2.7/10
Return on EquityProfitability
6.9%3/10

ROE of 6.9% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

P/E RatioValuation
104.9x2/10

Premium valuation, high expectations priced in

Q4 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

P/E RatioValuation
44.0x2/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-34.3%2/10

Earnings declined 34.3%

Altman Z-ScoreHealth
1.352/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ONTO

The strongest argument for ONTO centers on Revenue Growth, EPS Growth, Altman Z-Score. Revenue growth of 35.3% demonstrates continued momentum. PEG of 0.76 suggests the stock is reasonably priced for its growth.

Bull Case : Q

The strongest argument for Q centers on Operating Margin, Revenue Growth. Revenue growth of 22.1% demonstrates continued momentum. PEG of 1.30 suggests the stock is reasonably priced for its growth.

Bear Case : ONTO

The primary concerns for ONTO are Return on Equity, Piotroski F-Score, P/E Ratio. A P/E of 104.9x leaves little room for execution misses.

Bear Case : Q

The primary concerns for Q are Piotroski F-Score, P/E Ratio, EPS Growth. A P/E of 44.0x leaves little room for execution misses.

Key Dynamics to Monitor

ONTO is growing revenue faster at 35.3% — sustainability is the question.

Q generates stronger free cash flow (151M), providing more financial flexibility.

Monitor SEMICONDUCTOR EQUIPMENT & MATERIALS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ONTO scores higher overall (66/100 vs 57/100) and 35.3% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Onto Innovation Inc

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

Onto Innovation Inc. is dedicated to the design, development, manufacture and support of process control tools that perform macrodefect inspection and metrology, lithography systems, and process control analytical software worldwide. The company is headquartered in Wilmington, Massachusetts.

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Qnity Electronics, Inc

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

IQVIA Holdings Inc. provides integrated information and technology-enabled healthcare services in the Americas, Europe, Africa, and Asia-Pacific. The company is headquartered in Durham, North Carolina.

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