Valuation Advantest Corporation

Stocks

6857

JP3122400009

Semiconductor Equipment & Testing

Delayed Japan Exchange 09:32:55 30/10/2026 am IST			5-day change	1st Jan Change
34,390.00 ^JPY	-7.13%		+6.56%	+75.50%

07:41am	Japan's Nikkei slumps 3% as tech stocks tumble on AI worries	RE
29/10	Tech Outlooks Roil Asian Stock Markets	MT

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	2,67,33,916	-	-
Change	-	20.3%	125.01%	-5.67%	210.76%	81.18%	-	-
Enterprise Value (EV) ¹	17,86,489	22,02,377	50,21,361	45,79,103	1,44,35,538	2,61,40,344	2,56,04,499	2,48,85,432
Change	-	23.28%	128%	-8.81%	215.25%	81.08%	-2.05%	-2.81%
P/E	21.5x	17.4x	80.7x	29.6x	39.5x	36.4x	27.9x	23x
PBR	6.23x	6.07x	11.7x	9.37x	18.5x	20.6x	13.5x	9.37x
PEG	-	0.3x	-1.6x	0x	0x	0.4x	0.9x	1.1x
Capitalization / Revenue	4.46x	3.99x	10.3x	6.09x	13.1x	14.3x	11.1x	9.33x
EV / Revenue	4.29x	3.93x	10.3x	5.87x	12.8x	14x	10.7x	8.68x
EV / EBITDA	13.8x	11.6x	46.6x	17.9x	27.5x	25.9x	19.5x	15.9x
EV / EBIT	15.6x	13.1x	61.5x	20.1x	28.9x	27x	19.9x	16x
EV / FCF	55.9x	50.6x	1,062x	17.1x	48.3x	49.7x	31.8x	23x
FCF Yield	1.79%	1.98%	0.09%	5.86%	2.07%	2.01%	3.15%	4.34%
Dividend per Share ²	30	33.75	34.25	39	59	113	125.8	177.2
Rate of return	1.24%	1.11%	0.5%	0.6%	0.29%	0.31%	0.34%	0.48%
EPS ²	112.4	174.4	84.45	218.7	515.2	1,017	1,329	1,607
Distribution rate	26.7%	19.4%	40.6%	17.8%	11.5%	11.1%	9.47%	11%
Net sales ¹	4,16,901	5,60,191	4,86,507	7,79,707	11,28,610	18,66,739	24,03,393	28,66,375
EBITDA ¹	1,29,702	1,89,083	1,07,732	2,55,236	5,24,732	10,08,013	13,11,127	15,68,089
EBIT ¹	1,14,734	1,67,687	81,628	2,28,161	4,99,120	9,68,280	12,84,821	15,53,477
Net income ¹	87,301	1,30,400	62,290	1,61,177	3,75,353	7,36,224	9,58,723	11,55,880
Net Debt ¹	-73,119	-34,693	-12,259	-1,69,041	-3,19,774	-5,93,572	-11,29,417	-18,48,484
Reference price ²	2,417.50	3,040.00	6,819.00	6,472.00	20,330.00	37,030.00	37,030.00	37,030.00
Nbr of stocks (in thousands)	7,69,228	7,35,878	7,38,176	7,33,644	7,25,790	7,21,953	-	-
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ADVANTEST CORPORATION	34.56x	13.23x	24.35x	0.34%	16TCr
ASML HOLDING N.V.	35.89x	12.55x	28.59x	0.63%	64TCr
APPLIED MATERIALS, INC.	31.56x	9.56x	27.73x	0.47%	33TCr
LAM RESEARCH CORPORATION	26.52x	8.77x	21.1x	0.5%	32TCr
KLA CORPORATION	29.51x	11.57x	23.94x	0.6%	21TCr
TOKYO ELECTRON LIMITED	28.43x	6.41x	19.54x	1.71%	14TCr
ASE TECHNOLOGY HOLDING CO., LTD.	36.18x	3.97x	18.01x	1.45%	9.42TCr
NAURA TECHNOLOGY GROUP CO., LTD.	49.56x	7.36x	39.16x	0.18%	5.57TCr
TERADYNE, INC.	34.16x	9.29x	25.57x	0.17%	4.9TCr
ASM INTERNATIONAL N.V.	32.83x	8.59x	22.08x	0.48%	4.21TCr
Average	33.92x	9.13x	25.01x	0.65%	20.33TCr
Weighted average by Cap.	32.74x	10.30x	25.44x	0.64%