Valuation Advantest Corporation

Stocks

6857

JP3122400009

Semiconductor Equipment & Testing

Market Closed - Japan Exchange 12:00:00 28/10/2026 pm IST			5-day change	1st Jan Change
34,930.00 ^JPY	+3.16%		+3.13%	+77.90%

07:34pm	Advantest Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2027, Payable on December 1, 2026	CI
07:34pm	Advantest Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2027	CI

Company Valuation: Advantest Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	18,59,608	22,37,070	50,33,620	47,48,144	1,47,55,312	2,52,88,149	-	-
Change	-	20.3%	125.01%	-5.67%	210.76%	71.38%	-	-
Enterprise Value (EV) ¹	17,86,489	22,02,377	50,21,361	45,79,103	1,44,35,538	2,47,16,454	2,43,52,474	2,38,04,813
Change	-	23.28%	128%	-8.81%	215.25%	71.22%	-1.47%	-2.25%
P/E	21.5x	17.4x	80.7x	29.6x	39.5x	37.2x	28.7x	24.6x
PBR	6.23x	6.07x	11.7x	9.37x	18.5x	20x	13.5x	9.61x
PEG	-	0.3x	-1.6x	0x	0x	0.5x	1x	1.5x
Capitalization / Revenue	4.46x	3.99x	10.3x	6.09x	13.1x	14.4x	11.2x	9.53x
EV / Revenue	4.29x	3.93x	10.3x	5.87x	12.8x	14x	10.8x	8.97x
EV / EBITDA	13.8x	11.6x	46.6x	17.9x	27.5x	27.2x	21.1x	17.8x
EV / EBIT	15.6x	13.1x	61.5x	20.1x	28.9x	27.8x	20.7x	17.3x
EV / FCF	55.9x	50.6x	1,062x	17.1x	48.3x	46.5x	31x	22.5x
FCF Yield	1.79%	1.98%	0.09%	5.86%	2.07%	2.15%	3.22%	4.45%
Dividend per Share ²	30	33.75	34.25	39	59	91.37	114.9	156
Rate of return	1.24%	1.11%	0.5%	0.6%	0.29%	0.26%	0.33%	0.45%
EPS ²	112.4	174.4	84.45	218.7	515.2	939.7	1,218	1,421
Distribution rate	26.7%	19.4%	40.6%	17.8%	11.5%	9.72%	9.44%	11%
Net sales ¹	4,16,901	5,60,191	4,86,507	7,79,707	11,28,610	17,61,014	22,62,144	26,54,196
EBITDA ¹	1,29,702	1,89,083	1,07,732	2,55,236	5,24,732	9,08,042	11,54,324	13,37,975
EBIT ¹	1,14,734	1,67,687	81,628	2,28,161	4,99,120	8,87,832	11,75,261	13,77,410
Net income ¹	87,301	1,30,400	62,290	1,61,177	3,75,353	6,80,819	8,79,535	10,22,204
Net Debt ¹	-73,119	-34,693	-12,259	-1,69,041	-3,19,774	-5,71,696	-9,35,675	-14,83,337
Reference price ²	2,417.50	3,040.00	6,819.00	6,472.00	20,330.00	34,930.00	34,930.00	34,930.00
Nbr of stocks (in thousands)	7,69,228	7,35,878	7,38,176	7,33,644	7,25,790	7,23,966	-	-
Announcement Date	27/04/22	26/04/23	26/04/24	25/04/25	27/04/26	-	-	-

¹JPY in Million²JPY

Estimates

P/E, Detailed evolution

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ADVANTEST CORPORATION	36.03x	13.6x	26.37x	0.27%	16TCr
ASML HOLDING N.V.	35.41x	12.38x	28.25x	0.63%	63TCr
APPLIED MATERIALS, INC.	30.04x	9.09x	26.38x	0.5%	31TCr
LAM RESEARCH CORPORATION	25.17x	8.32x	20x	0.52%	30TCr
KLA CORPORATION	28.56x	11.2x	23.18x	0.62%	20TCr
TOKYO ELECTRON LIMITED	27.22x	6.13x	18.7x	1.78%	14TCr
ASE TECHNOLOGY HOLDING CO., LTD.	33.89x	3.74x	16.97x	1.55%	8.83TCr
NAURA TECHNOLOGY GROUP CO., LTD.	47.31x	7.02x	37.37x	0.19%	5.32TCr
TERADYNE, INC.	35.94x	9.66x	27.19x	0.16%	5.06TCr
ASM INTERNATIONAL N.V.	31.94x	8.38x	21.78x	0.55%	4.06TCr
Average	33.15x	8.95x	24.62x	0.68%	19.68TCr
Weighted average by Cap.	31.97x	10.09x	24.95x	0.66%