Valuation Advantest Corporation Thailand S.E.

Stocks

ADVANT19

TH8483125002

Semiconductor Equipment & Testing

End-of-day quote Thailand S.E. Other stock markets 07/08/2026			5-day change	1st Jan Change
6.800 ^THB	-0.73%		+0.74%	-

08-07	Japan's Nikkei ends lower as AI-related stocks decline	RE
08-07	Japan's Nikkei falls as AI-related stocks decline	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	14,881,560	23,304,481	-	-
Change	-	20.3%	125.01%	-5.67%	213.42%	56.6%	-	-
Enterprise Value (EV) ¹	1,786,489	2,202,377	5,021,361	4,579,103	14,561,786	22,777,696	22,546,499	22,187,567
Change	-	23.28%	128%	-8.81%	218.01%	56.42%	-1.02%	-1.59%
P/E	21.5x	17.4x	80.7x	29.6x	39.5x	37.8x	31.8x	28.9x
PBR	6.23x	6.07x	11.7x	9.37x	18.5x	19.5x	13.5x	9.86x
PEG	-	0.3x	-1.6x	0x	0x	0.6x	1.7x	2.9x
Capitalization / Revenue	4.46x	3.99x	10.3x	6.09x	13.2x	13.4x	11.6x	10.1x
EV / Revenue	4.29x	3.93x	10.3x	5.87x	12.9x	13.1x	11.3x	9.58x
EV / EBITDA	13.8x	11.6x	46.6x	17.9x	27.8x	26.6x	21.3x	19.2x
EV / EBIT	15.6x	13.1x	61.5x	20.1x	29.2x	28.7x	22.9x	19.9x
EV / FCF	55.9x	50.6x	1,062x	17.1x	48.7x	52.3x	36.4x	27.5x
FCF Yield	1.79%	1.98%	0.09%	5.86%	2.05%	1.91%	2.75%	3.64%
Dividend per Share ²	30	33.75	34.25	39	59	90.43	117.5	159
Rate of return	1.24%	1.11%	0.5%	0.6%	0.29%	0.28%	0.37%	0.49%
EPS ²	112.4	174.4	84.45	218.7	515.2	852.6	1,011	1,112
Distribution rate	26.7%	19.4%	40.6%	17.8%	11.5%	10.6%	11.6%	14.3%
Net sales ¹	416,901	560,191	486,507	779,707	1,128,610	1,738,857	2,004,049	2,317,021
EBITDA ¹	129,702	189,083	107,732	255,236	524,732	856,669	1,056,116	1,156,275
EBIT ¹	114,734	167,687	81,628	228,161	499,120	794,281	984,753	1,115,469
Net income ¹	87,301	130,400	62,290	161,177	375,353	603,278	731,582	802,719
Net Debt ¹	-73,119	-34,693	-12,259	-169,041	-319,774	-526,786	-757,982	-1,116,914
Reference price ²	2,417.50	3,040.00	6,819.00	6,472.00	20,330.00	32,190.00	32,190.00	32,190.00
Nbr of stocks (in thousands)	769,228	735,878	738,176	733,644	732,000	723,966	-	-
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

Sector Comparison:

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	55.48x	19.39x	42.63x	0.4%	259B
ADVANTEST CORPORATION	37.76x	13.1x	26.59x	0.28%	148B
TERADYNE, INC.	42.79x	11.37x	32.03x	0.14%	59.3B
HON. PRECISION, INC.	48.72x	19.34x	38.99x	1.19%	35.21B
HANGZHOU CHANGCHUAN TECHNOLOGY CO.,LTD	89.88x	25.21x	77.33x	0.13%	26.56B
TONGFU MICROELECTRONICS CO.,LTD	61.75x	3.36x	16.34x	0.12%	14.55B
BEIJING HUAFENG TEST & CONTROL TECHNOLOGY CO.,LTD.	107.27x	43.08x	103.51x	0.23%	12.13B
KING YUAN ELECTRONICS CO., LTD.	26.86x	7.28x	13.89x	2.66%	9.62B
TIANSHUI HUATIAN TECHNOLOGY CO., LTD.	67.59x	3.41x	18.34x	0.26%	8.85B
Average	59.79x	16.17x	41.07x	0.6%	63.65B
Weighted average by Cap.	51.73x	16.85x	38.54x	0.41%