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 24,940,646 - -
Change - 20.3% 125.01% -5.67% 210.76% 69.03% - -
Enterprise Value (EV) 1 1,786,489 2,202,377 5,021,361 4,579,103 14,435,538 24,368,950 24,004,971 23,457,309
Change - 23.28% 128% -8.81% 215.25% 68.81% -1.49% -2.28%
P/E 21.5x 17.4x 80.7x 29.6x 39.5x 37x 28.6x 24.7x
PBR 6.23x 6.07x 11.7x 9.37x 18.5x 19.8x 13.1x 9.3x
PEG - 0.3x -1.6x 0x 0x 0.5x 1x 1.6x
Capitalization / Revenue 4.46x 3.99x 10.3x 6.09x 13.1x 14.2x 11.1x 9.47x
EV / Revenue 4.29x 3.93x 10.3x 5.87x 12.8x 13.8x 10.7x 8.91x
EV / EBITDA 13.8x 11.6x 46.6x 17.9x 27.5x 26.9x 20.9x 17.9x
EV / EBIT 15.6x 13.1x 61.5x 20.1x 28.9x 27.5x 20.5x 17.2x
EV / FCF 55.9x 50.6x 1,062x 17.1x 48.3x 47.8x 31.5x 22.7x
FCF Yield 1.79% 1.98% 0.09% 5.86% 2.07% 2.09% 3.17% 4.41%
Dividend per Share 2 30 33.75 34.25 39 59 88.3 108.8 146.9
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 84.45 218.7 515.2 932 1,205 1,393
Distribution rate 26.7% 19.4% 40.6% 17.8% 11.5% 9.47% 9.03% 10.6%
Net sales 1 416,901 560,191 486,507 779,707 1,128,610 1,761,565 2,250,553 2,632,496
EBITDA 1 129,702 189,083 107,732 255,236 524,732 905,309 1,148,396 1,310,972
EBIT 1 114,734 167,687 81,628 228,161 499,120 885,227 1,170,904 1,367,632
Net income 1 87,301 130,400 62,290 161,177 375,353 675,486 871,036 1,004,334
Net Debt 1 -73,119 -34,693 -12,259 -169,041 -319,774 -571,696 -935,675 -1,483,337
Reference price 2 2,417.50 3,040.00 6,819.00 6,472.00 20,330.00 34,450.00 34,450.00 34,450.00
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



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.04x12.6x28.76x0.62% 645B
28.88x9.57x23.5x0.42% 341B
31.34x9.49x27.54x0.48% 328B
30.93x12.11x25.08x0.57% 217B
36.96x13.83x26.92x0.26% 157B
30x6.77x20.65x1.62% 149B
34.95x3.85x17.47x1.51% 90.69B
55.5x8.25x43.9x0.16% 62.19B
37.78x10.04x28.3x0.16% 52.46B
Average 35.82x 9.61x 26.90x 0.64% 226.83B
Weighted average by Cap. 33.77x 10.63x 26.51x 0.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Advantest Corporation

Historical PBR trend

Valuation ratios - PBR - Advantest Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Advantest Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Advantest Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Advantest Corporation
  1. Stock Market
  2. Stocks
  3. 6857 Stock
  4. ADVANT80 Stock
  5. Valuation Advantest Corporation