Onto Innovation engages in the design, development, manufacture and support of process control tools that perform macro-defect inspections and 2D/3D optical metrology, lithography systems, and process control analytical software used by bare silicon wafer manufacturers, semiconductor wafer fabricators, and packaging manufacturers. Co.'s products are also used for process control in a number of other markets, including manufacturing of light emitting diodes, vertical-cavity surface-emitting lasers, micro-electromechanical systems, CMOS image sensors, compound semiconductor (SiC and GaN) power devices, RF filters and modules, data storage, and certain industrial and scientific applications. We show 17 historical shares outstanding datapoints in our ONTO shares outstanding history coverage, used to compute ONTO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ONTO market cap history over the course of time is important for investors
interested in comparing ONTO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ONTO versus a peer is one thing; comparing
ONTO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ONTO can fluctuate over the course of history.
With this page we aim to empower investors researching ONTO by allowing them to research the ONTO market cap history. |
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Video: The Importance of Market Cap
