Is NVMI or ONTO cheaper?

On trailing earnings, NVMI is cheaper: NVMI trades at a 61.15 P/E and ONTO at 151.36.

Which has grown faster, NVMI or ONTO?

Over the past five years, NVMI grew revenue faster — NVMI at a 25.28% CAGR versus ONTO at 11.93%.

Is NVMI or ONTO more profitable?

NVMI runs the higher net margin — NVMI at 29.21% versus ONTO at 10.33%.

Which has been the better investment, NVMI or ONTO?

Over the past 10-year, NVMI delivered the higher annualized total return — NVMI at 45.89% versus ONTO at 31.97%. Past performance doesn't predict future results.

Nova Ltd. (NVMI) vs Onto Innovation Inc. (ONTO)

NVMI leads on 12 of 15 compared metrics.

A side-by-side comparison of Nova Ltd. and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — NVMI vs ONTO

growth of $100 · last 26y

NVMI +2127.1%ONTO +692.4%NVMI compounded faster

NVMI ONTO

NVMI vs ONTO: by the numbers

•ONTO is the larger company ($16.11B vs $15.53B market cap).
•NVMI trades at the lower earnings multiple (61.15 vs 151.36 P/E).
•NVMI converts more revenue to profit (29.21% vs 10.33% net margin).
•NVMI grew revenue faster over the past five years (25.28% vs 11.93% CAGR).

Which is better, NVMI or ONTO?

Metric tally: NVMI 12 · ONTO 3

It depends on what you're optimizing for:

ValueNVMI(lower P/E)

GrowthNVMI(faster 5Y revenue CAGR)

QualityNVMI(higher ROIC)

Metrics side by side

Valuation

Metric	NVMI	ONTO
P/E ratio	61.15●	151.36
Forward P/E	46.66	—
P/S ratio	18.64	15.72●
P/B ratio	12.13	7.60●
PEG ratio	1.05●	4.40
EV / EBITDA	60.51●	84.62
FCF yield	1.15%	1.47%●

Profitability

Metric	NVMI	ONTO
Gross margin	57.46%●	48.80%
Operating margin	28.93%●	10.53%
Net margin	29.21%●	10.33%
ROE	19.00%●	4.99%
ROIC	10.10%●	5.18%

Growth (annualized)

Metric	NVMI	ONTO
Revenue CAGR (5Y)	25.28%●	11.93%
EPS CAGR (5Y)	38.17%●	34.40%
FCF CAGR (5Y)	21.07%●	11.03%
Total return CAGR (5Y)	36.75%●	35.03%

Frequently asked

Which is better, NVMI or ONTO?: It depends on your goal. value: NVMI (lower P/E); growth: NVMI (faster 5Y revenue CAGR); quality: NVMI (higher ROIC). Across all compared metrics, NVMI leads 12 to 3.
Is NVMI or ONTO cheaper?: On trailing earnings, NVMI is cheaper: NVMI trades at a 61.15 P/E and ONTO at 151.36.
Which has grown faster, NVMI or ONTO?: Over the past five years, NVMI grew revenue faster — NVMI at a 25.28% CAGR versus ONTO at 11.93%.
Is NVMI or ONTO more profitable?: NVMI runs the higher net margin — NVMI at 29.21% versus ONTO at 10.33%.
Which has been the better investment, NVMI or ONTO?: Over the past 10-year, NVMI delivered the higher annualized total return — NVMI at 45.89% versus ONTO at 31.97%. Past performance doesn't predict future results.

Go deeper

Full NVMI analysis Full ONTO analysis Interactive comparison tool

Dig into the metrics

Nova P/E ratio Onto Innovation P/E ratio Nova dividend yield Onto Innovation dividend yield Nova ROE Onto Innovation ROE Nova operating margin Onto Innovation operating margin Nova revenue growth Onto Innovation revenue growth Nova free cash flow Onto Innovation free cash flow

Nova & Onto Innovation appear in these rankings

Fastest Revenue Growth Stocks Best 10-Year Total Return Stocks

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 28, 2026.