Valuation Advantest Corporation Thailand S.E.

Stocks

ADVANT19

TH8483125002

Semiconductor Equipment & Testing

End-of-day quote Thailand S.E. 2026-09-28			5-day change	1st Jan Change
7.200 ^THB	+0.70%		+2.13%	-

09-27	Japan's Nikkei gives up gains on caution for Micron earnings	RE
09-25	Japan's Nikkei rises for fifth session on AI rally, dividend hunt	RE

Company Valuation: Advantest Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	1,859,608	2,237,070	5,033,620	4,748,144	14,755,312	24,419,390	-	-
Change	-	20.3%	125.01%	-5.67%	210.76%	65.5%	-	-
Enterprise Value (EV) ¹	1,786,489	2,202,377	5,021,361	4,579,103	14,435,538	23,847,950	23,482,344	22,936,380
Change	-	23.28%	128%	-8.81%	215.25%	65.2%	-1.53%	-2.32%
P/E	21.5x	17.4x	80.7x	29.6x	39.5x	36.2x	28.1x	24.3x
PBR	6.23x	6.07x	11.7x	9.37x	18.5x	19.4x	12.8x	9.11x
PEG	-	0.3x	-1.6x	0x	0x	0.4x	1x	1.6x
Capitalization / Revenue	4.46x	3.99x	10.3x	6.09x	13.1x	13.9x	10.9x	9.3x
EV / Revenue	4.29x	3.93x	10.3x	5.87x	12.8x	13.5x	10.5x	8.74x
EV / EBITDA	13.8x	11.6x	46.6x	17.9x	27.5x	26.3x	20.5x	17.6x
EV / EBIT	15.6x	13.1x	61.5x	20.1x	28.9x	27x	20.2x	16.8x
EV / FCF	55.9x	50.6x	1,062x	17.1x	48.3x	46.8x	30.8x	22.2x
FCF Yield	1.79%	1.98%	0.09%	5.86%	2.07%	2.14%	3.25%	4.51%
Dividend per Share ²	30	33.75	34.25	39	59	88.61	108.2	146.2
Rate of return	1.24%	1.11%	0.5%	0.6%	0.29%	0.26%	0.32%	0.43%
EPS ²	112.4	174.4	84.45	218.7	515.2	931.4	1,199	1,386
Distribution rate	26.7%	19.4%	40.6%	17.8%	11.5%	9.51%	9.02%	10.5%
Net sales ¹	416,901	560,191	486,507	779,707	1,128,610	1,761,895	2,245,180	2,625,276
EBITDA ¹	129,702	189,083	107,732	255,236	524,732	906,842	1,144,867	1,306,600
EBIT ¹	114,734	167,687	81,628	228,161	499,120	884,627	1,164,742	1,361,515
Net income ¹	87,301	130,400	62,290	161,177	375,353	675,005	866,446	999,516
Net Debt ¹	-73,119	-34,693	-12,259	-169,041	-319,774	-571,440	-937,046	-1,483,009
Reference price ²	2,417.50	3,040.00	6,819.00	6,472.00	20,330.00	33,730.00	33,730.00	33,730.00
Nbr of stocks (in thousands)	769,228	735,878	738,176	733,644	725,790	723,966	-	-
Announcement Date	4/27/22	4/26/23	4/26/24	4/25/25	4/27/26	-	-	-

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.($)
KLA CORPORATION	34.93x	13.68x	28.39x	0.51%	245B
ADVANTEST CORPORATION	36.5x	13.65x	26.51x	0.26%	156B
TERADYNE, INC.	44.87x	11.95x	33.7x	0.13%	62.28B
HON. PRECISION, INC.	44.04x	17.52x	34.42x	1.6%	32.1B
HANGZHOU CHANGCHUAN TECHNOLOGY CO.,LTD	82.84x	23.22x	71.21x	0.14%	24.6B
TONGFU MICROELECTRONICS CO.,LTD	58.22x	3.19x	15.51x	0.13%	13.8B
KING YUAN ELECTRONICS CO., LTD.	34.59x	9.29x	18.16x	1.85%	12.56B
BEIJING HUAFENG TEST & CONTROL TECHNOLOGY CO.,LTD.	78.81x	41.62x	90.04x	0.37%	11.9B
TIANSHUI HUATIAN TECHNOLOGY CO., LTD.	54.94x	3.34x	18.01x	0.27%	8.71B
Average	52.19x	15.27x	37.33x	0.58%	63.07B
Weighted average by Cap.	40.83x	14.19x	31.24x	0.46%