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Onterris

ONT on NYSE. Management consulting services. Market value $499m.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

What to watch out for

See Industrials stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to June 2026
10.2%very high

For every $100 of what the whole company costs, it produced $10.21 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to June 2026
113.0×full

You pay 113.0 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to December 2025
-4.3%five-year median

Each dollar kept in the business earns -4 cents a year. Above 10 is good.

Quality score: 60 of 100. Price score: 33 of 100. Our list needs 70 on quality and 60 on price.

$14.52 a share, 18% above its 1-year low

Over the past year the price has ranged from $12.26 to $30.90.

Dividend: 0.3% a year

Paid every year for at least 5 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.0
0.0
0.0
0.0
0.1
0.1
2021202220232024202512 monthsto Jun '26

Spare cash swings from quarter to quarter here: $52 million in the past 12 months, $91 million in the year to December 2025.

Revenue
$546m$544m$624m$696m$831m
Operating margin
-1.7%-5.1%-4.6%-5.3%1.4%
Debt to equity
0.580.560.550.540.71
Shares outstanding
0.03bn0.03bn0.03bn0.04bn0.04bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Nothing unusual
  • Financial strength (Piotroski)4 of 9
  • Profit backed by cash (accruals)No
  • Debt0.71× equity
  • Revenue growth, five yearsStrong, 20.4% a year
  • Buying back its own sharesNo, 18% more shares since 2021

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $187 million last quarter, down 20% on a year ago.
  • Profit: $1 million, down 93% on a year ago.
  • It keeps 1 cents of each $1 of sales as operating profit, after losing 3 cents a year earlier.
  • Spare cash over the past 12 months: $52 million, down from $62 million.
  • 11% fewer shares than a year ago. Each share owns a bit more of the company.
  • Debt is $366 million more than cash, up from $281 million a year ago.
  • Sales grew on a year ago in 2 of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
September 2024$179m
December 2024$189m
March 2025$178m
June 2025$235m
September 2025$225m
December 2025$193m
March 2026$169m
June 2026$187m
Profit by quarter
Profit by quarter
Quarter toAmount
September 2024-$11m
December 2024-$28m
March 2025-$19m
June 2025$18m
September 2025$8m
December 2025-$8m
March 2026-$13m
June 2026$1m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
26 February 2026
Next quarterly (estimated, 10-Q)
5 November 2026

Who owns it

3 long-term investors we follow own it, up from 2 last quarter. 157 funds in all.

Jun '25
Dec '25
Jun '26

Sold out this quarter

Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

4 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

In the last 12 months, 2 insiders bought $610,003 of shares on the open market. 4 sold $8m, $5m of it under preset trading plans.

  • GRAHAM PETER
    Director
    Bought
    Date
    5 June 2026
    Shares
    25,140
    Price
    $17.19
    Value
    $432,157
  • GRAHAM PETER
    Director
    Bought
    Date
    3 June 2026
    Shares
    4,860
    Price
    $15.94
    Value
    $77,468
  • Dicks Allan
    Chief Financial Officer
    Bought
    Date
    11 May 2026
    Shares
    6,535
    Price
    $15.36
    Value
    $100,378
  • Manthripragada Vijay
    President & CEO, Director
    Sold
    under a preset trading plan
    Date
    13 March 2026
    Shares
    46,121
    Price
    $25.41
    Value
    $1m
  • Revuelta Jose
    Chief Strategy Officer
    Sold
    Date
    9 March 2026
    Shares
    7,858
    Price
    $27.00
    Value
    $212,166
  • Revuelta Jose
    Chief Strategy Officer
    Sold
    Date
    4 March 2026
    Shares
    42,668
    Price
    $27.56
    Value
    $1m
  • Revuelta Jose
    Chief Strategy Officer
    Sold
    Date
    3 March 2026
    Shares
    60,000
    Price
    $28.00
    Value
    $2m
  • Afsari Nasym
    General Counsel and Secretary
    Sold
    under a preset trading plan
    Date
    3 March 2026
    Shares
    43,348
    Price
    $28.37
    Value
    $1m
  • PRESBY J THOMAS
    Director
    Sold
    Date
    2 March 2026
    Shares
    10,000
    Price
    $28.87
    Value
    $288,691
  • Afsari Nasym
    General Counsel and Secretary
    Sold
    under a preset trading plan
    Date
    2 March 2026
    Shares
    200
    Price
    $30.00
    Value
    $6,000

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 26 Feb 2026, plus the 10-Q filed 6 Aug 2026 and 5 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

  • It isn't cheap on profits: 113.0× operating profit.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.