Fabrinet (FN) vs Onto Innovation Inc. (ONTO)

FN leads on 8 of 14 compared metrics.

A side-by-side comparison of Fabrinet and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 30, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — FN vs ONTO

growth of $100 · last 16y
FN +4813.8%ONTO +3119.9%FN compounded faster
02k4k6kStart $10020132016201920222025$4,914$3,220
FN ONTO

FN vs ONTO: by the numbers

  • FN is the larger company ($20.14B vs $18.83B market cap).
  • FN trades at the lower earnings multiple (45.38 vs 164.23 P/E).
  • ONTO converts more revenue to profit (10.33% vs 9.87% net margin).
  • FN grew revenue faster over the past five years (18.99% vs 11.93% CAGR).

Which is better, FN or ONTO?

Metric tally: FN 8 · ONTO 6

It depends on what you're optimizing for:

ValueFN(lower P/E)
GrowthFN(faster 5Y revenue CAGR)
QualityFN(higher ROIC)

Metrics side by side

Valuation

MetricFNONTO
P/E ratio45.38164.23
Forward P/E38.26
P/S ratio4.5217.05
P/B ratio8.308.24
PEG ratio2.474.77
EV / EBITDA39.4791.92
FCF yield0.24%1.36%

Profitability

MetricFNONTO
Gross margin11.96%48.80%
Operating margin9.78%10.53%
Net margin9.87%10.33%
ROE18.14%4.99%
ROIC15.01%5.18%

Growth (annualized)

MetricFNONTO
Revenue CAGR (5Y)18.99%11.93%
EPS CAGR (5Y)24.62%34.40%
FCF CAGR (5Y)-9.50%11.03%
Total return CAGR (5Y)40.45%36.77%

Frequently asked

Which is better, FN or ONTO?
It depends on your goal. value: FN (lower P/E); growth: FN (faster 5Y revenue CAGR); quality: FN (higher ROIC). Across all compared metrics, FN leads 8 to 6.
Is FN or ONTO cheaper?
On trailing earnings, FN is cheaper: FN trades at a 45.38 P/E and ONTO at 164.23.
Which has grown faster, FN or ONTO?
Over the past five years, FN grew revenue faster — FN at a 18.99% CAGR versus ONTO at 11.93%.
Is FN or ONTO more profitable?
ONTO runs the higher net margin — FN at 9.87% versus ONTO at 10.33%.
Which has been the better investment, FN or ONTO?
Over the past 10-year, ONTO delivered the higher annualized total return — FN at 30.73% versus ONTO at 33.06%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 30, 2026.