Entegris Inc (ENTG) is fairly valued and Onto Innovation Inc (ONTO) is overvalued.
Against our estimates of intrinsic value, ENTG trades at the wider discount: a margin of safety of +1%, against -36% for ONTO.
Values as of the 22 Sept 2026 close.
A 8.0x revenue multiple, adjusted for growth and margin, values the shares at $152.30; the price of $151.11 is 1% below that value.
Leak Score 38/100 on 10 of 12 signals
A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $209.23; the price of $283.81 is 36% above that value.
Leak Score 27/100 on 3 of 12 signals
| Metric | ENTG | ONTO |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $151.11 | $283.81 |
| Intrinsic value | $152.30 | $209.23 |
| Margin of safety | +1% | -36% |
| Leak Score | 38/100 (10/12) | 27/100 (3/12) |
| Market cap | $23.1B | $13.9B |
| Revenue growth, 5 years | 11.4% | 12.6% |
| Operating margin | 17.1% | 19.8% |
| Net margin | 9.2% | 11.8% |
| Return on equity | 7.7% | 6.8% |
| Debt to equity | 0.86 | 0.77 |
| P/E | 75.7x | 106.2x |
| Forward P/E | 29.9x | 24.1x |
| P/B | 5.5x | 7.2x |
| Dividend yield | 0.2% | — |