ACLS vs CAMT vs ONTO Stock Comparison

Axcelis Technologies, Camtek and Onto Innovation Prices as of Oct 27, 2026 Peers: Industry group
ACLS Axcelis Technologies Inc
$113.64 -7.7% 1M +36.5% 1Y
Market cap
$3.51B
P/E
37.7x
Revenue (TTM)
$866.07M
Div. yield
–
Semiconductor Equipment Technology
2 wins
CAMT Camtek Ltd
$128.90 -12.3% 1M +6.9% 1Y
Market cap
$5.91B
P/E
156.4x
Revenue (TTM)
$509.02M
Div. yield
–
Semiconductor Equipment Technology
1 win
ONTO Onto Innovation Inc.
$214.16 -25.5% 1M +59.5% 1Y
Market cap
$10.50B
P/E
79.8x
Revenue (TTM)
$1.12B
Div. yield
–
Semiconductor Equipment Technology
6 wins

Head to Head

9 decided of 12

Onto Innovation leads on 6 of the 12 questions below (Onto Innovation 6, Axcelis Technologies 2, Camtek 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionACLSCAMTONTOLeader
Larger companyMarket capitalisation $3.51B $5.91B $10.50B ONTO
Cheaper on earningsLower P/E, profitable companies only 37.7x 156.4x 79.8x ACLS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.9x 37.3x 25.4x ONTO
Faster revenue growthRevenue growth, trailing twelve months -3.3% +7.9% +8.1% ONTO
More profitableNet margin, trailing twelve months 10.7% 7.4% 11.8% ONTO
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield — 0.00% — –
Better 1-year returnPrice return, last 12 months +36.5% +6.9% +59.5% ONTO
Better 5-year returnAnnualised price return, 5 years +16.1%/yr +27.5%/yr +22.4%/yr CAMT
Less volatileAnnualised volatility, 1 year 69.7% 71.6% 72.2% ACLS
Higher overall scoreMean of the five percentile scores vs peers 55/100 43/100 60/100 ONTO

Percentile Scorecard

ACLSCAMTONTO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisACLSCAMTONTO
Valuation 71 #28 of 94 38 #59 of 94 61 #37 of 94
Growth 4 #88 of 92 32 #63 of 92 31 #64 of 92
Profitability 46 #49 of 90 53 #43 of 90 58 #38 of 90
Financial Health 63 #37 of 99 51 #49 of 99 57 #43 of 99
Shareholder Returns 89 #9 of 73 – 94 #5 of 73
Overall 55 43 60
  • ACLS ranked among 103 companies in Semiconductors
  • CAMT ranked among 103 companies in Semiconductors
  • ONTO ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodACLSCAMTONTOSPY
1 month -7.7%-12.3%-25.5% -0.2%
3 months -5.3%-8.0%-11.5% +3.9%
6 months -15.2%-28.6%-24.2% +8.2%
Year to date +41.4%+21.2%+35.7% +12.9%
1 year +36.5%+6.9%+59.5% +12.3%
3 years -17.7%+157.6%+86.4% +87.4%
3 years, per year -6.3%+37.1%+23.1% +23.3%
5 years +110.5%+236.2%+174.6% +67.9%
5 years, per year +16.1%+27.5%+22.4% +10.9%
10 years +754.4%+4,168.2%— +261.1%
10 years, per year +23.9%+45.6%— +13.7%

Risk

MeasureACLSCAMTONTOSPY
Volatility, 1Y 69.7%71.6%72.2% 12.7%
Downside volatility, 1Y 71.3%74.5%73.0% 12.7%
Beta vs S&P 500, 1Y 2.802.863.17 1.00
Return / volatility, 1Y 0.520.100.82 0.97
Max drawdown, 5Y -78.8%-63.2%-62.8% -25.4%
From 52-week high -40.7%-37.9%-43.4% -1.2%
52-week high $191.60$207.46$378.45 $779.14
52-week low $74.12$94.40$124.09 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleACLSCAMTONTO
P/E now vs peer median 37.7xmedian 45.6x 156.4xmedian 45.6x 79.8xmedian 45.6x
P/S now vs peer median 4.1xmedian 7.7x 11.6xmedian 7.7x 9.4xmedian 7.7x
EV/EBITDA now vs peer median 29.0xmedian 29.0x —median 29.0x 39.5xmedian 29.0x
P/FCF now vs peer median 53.5xmedian 40.6x —median 40.6x 41.6xmedian 40.6x
P/B now vs peer median 3.3xmedian 4.6x 8.3xmedian 4.6x 5.5xmedian 4.6x
PEG now vs peer median -1.73median 2.28 -7.04median 2.28 -9.07median 2.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsACLSCAMTONTO
Revenue $866.07M $509.02M $1.12B
Gross profit $372.51M $254.77M $564.06M
Operating income $89.42M $118.02M $134.61M
Net income $92.79M $56.14M $132.61M
Free cash flow $65.55M – $252.47M
R&D $112.26M $57.52M $142.63M
EPS (diluted) $2.98 $0.76 $2.67
Cash & equivalents $155.00M $215.23M $1.25B
Shares (diluted) 31.13M 49.37M 49.68M
Enterprise value $1.92B $4.80B $6.34B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricACLSCAMTONTO
P/E 37.7x 156.4x 79.8x
P/FCF 53.5x – 41.6x
P/Operating cash flow 46.6x – 39.4x
P/S 4.1x 11.6x 9.4x
P/B 3.3x 8.3x 5.5x
P/Tangible book 3.3x 8.5x 6.3x
EV/EBITDA 29.0x – 39.5x
EV/EBIT 34.7x 47.5x 64.0x
EV/Revenue 3.6x 11.0x 7.7x
EV/FCF 47.4x – 34.1x
EV/Operating cash flow 41.3x – 32.4x
PEG (3Y EPS CAGR) -1.73 -7.04 -9.07

Growth

14 metrics
MetricACLSCAMTONTO
Revenue growth (1Y) -3.3% 7.9% 8.1%
Revenue CAGR (3Y) -5.4% 17.9% 7.7%
Gross profit growth (1Y) -7.4% 7.4% 5.6%
Gross profit CAGR (3Y) -5.2% 19.7% 5.4%
Operating income growth (1Y) -44.0% -6.0% -29.5%
Operating income CAGR (3Y) -26.4% 18.9% -8.3%
Net income growth (1Y) -41.5% -65.6% -33.7%
Net income CAGR (3Y) -23.4% -16.3% -8.6%
EPS growth (1Y) -40.0% -71.8% -34.5%
EPS CAGR (3Y) -21.8% -22.2% -8.8%
Operating cash flow growth (1Y) -45.5% – -2.5%
Operating cash flow CAGR (3Y) -33.3% – 17.7%
Free cash flow growth (1Y) -46.5% – 5.9%
Free cash flow CAGR (3Y) -35.2% – 22.0%

Profitability

14 metrics
MetricACLSCAMTONTO
Gross margin 43.0% 50.1% 50.4%
EBITDA margin 12.4% – 19.5%
Operating margin 10.3% 23.2% 12.0%
Pretax margin 12.3% 9.2% 14.1%
Net margin 10.7% 7.4% 11.8%
FCF margin 7.6% – 22.5%
Operating cash flow margin 8.7% – 23.8%
Return on equity 8.8% 8.1% 6.5%
Return on assets 6.7% 4.3% 4.4%
Return on invested capital – – –
Return on capital employed 7.6% 9.9% 4.8%
Asset turnover 0.6x 0.4x 0.4x
Cash conversion (OCF / net income) 0.8x – 2.0x
Stock comp / revenue 2.5% – 2.8%

Financial Health

11 metrics
MetricACLSCAMTONTO
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 23.1% 47.0% 48.0%
Equity / assets 76.9% 53.0% 52.0%
Interest coverage 17.2x – –
Current ratio 4.9x 7.4x 9.7x
Quick ratio 2.8x 3.6x 8.2x
Cash ratio 2.0x 2.4x 6.9x
Altman Z-score 8.61 7.48 5.06

Shareholder Returns

7 metrics
MetricACLSCAMTONTO
Dividend yield – – –
Net buyback yield 1.6% – 1.8%
Shareholder yield 1.6% 0.0% 1.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusACLSCAMTONTO
Forward P/E 26.9xFY2026 37.3xFY2026 25.4xFY2026
EPS, next fiscal year $4.22FY2026 $3.46FY2026 $8.42FY2026
EPS growth, next FY -13.5%FY2026 +6.1%FY2026 +70.4%FY2026
EPS growth, the year after +18.7% +53.2% +43.5%
Revenue, next fiscal year $920.94MFY2026 $568.64MFY2026 $1.37BFY2026
Revenue growth, next FY +9.8%FY2026 +14.6%FY2026 +35.5%FY2026
Revenue growth, the year after +0.6% +42.5% +41.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersACLSCAMTONTO
Held by institutions 100.0% 41.7% 98.3%
Institutions holding 441 234 688
Change in shares held, QoQ -5.0% -12.5% +2.3%
Institutions buying 234 126 376
Institutions selling 142 68 232
Buyers to sellers 1.65 1.85 1.62

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ACLSCAMTONTO
ACLS 1.00 0.64 0.71
CAMT 0.64 1.00 0.77
ONTO 0.71 0.77 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ACLS, CAMT and ONTO?

Onto Innovation (ONTO) is the largest by market capitalisation: Axcelis Technologies (ACLS) $3.51B, Camtek (CAMT) $5.91B, Onto Innovation (ONTO) $10.50B.

Which stock is cheaper, ACLS, CAMT and ONTO?

Axcelis Technologies (ACLS) trades on the lowest price-to-earnings ratio (Axcelis Technologies (ACLS) 37.7x, Camtek (CAMT) 156.4x, Onto Innovation (ONTO) 79.8x). On next year's consensus earnings, Onto Innovation (ONTO) is cheapest (Axcelis Technologies (ACLS) 26.9x, Camtek (CAMT) 37.3x, Onto Innovation (ONTO) 25.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Onto Innovation (ONTO) grew revenue fastest over the trailing twelve months: Axcelis Technologies (ACLS) -3.3%, Camtek (CAMT) +7.9%, Onto Innovation (ONTO) +8.1%.

Which company is more profitable?

Onto Innovation (ONTO) has the highest net margin (Axcelis Technologies (ACLS) 10.7%, Camtek (CAMT) 7.4%, Onto Innovation (ONTO) 11.8%).

Which stock has performed better?

Over the past year Onto Innovation (ONTO) returned the most: Axcelis Technologies (ACLS) +36.5%, Camtek (CAMT) +6.9%, Onto Innovation (ONTO) +59.5%. Over five years, Camtek (CAMT) compounded fastest (Axcelis Technologies (ACLS) +16.1%/yr, Camtek (CAMT) +27.5%/yr, Onto Innovation (ONTO) +22.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Axcelis Technologies (ACLS) has been the steadiest (Axcelis Technologies (ACLS) 69.7%, Camtek (CAMT) 71.6%, Onto Innovation (ONTO) 72.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ACLS, CAMT and ONTO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Onto Innovation (ONTO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.