Advantest Corporation Logo

Advantest Corporation

ATEYY

(2.8)
Stock Price

57,50 USD

12.52% ROA

18.19% ROE

71.72x PER

Market Cap.

5.506.137.005.881,30 USD

21.07% DER

0.23% Yield

14.69% NPM

Advantest Corporation Stock Analysis

Advantest Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Advantest Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (28.94%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (19%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

5 PBV

The stock's PBV ratio (2.27x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

7 Buffet Intrinsic Value

The company's stock seems undervalued (26.560) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

Advantest Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Advantest Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Advantest Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Advantest Corporation Revenue
Year Revenue Growth
2000 276.512.000.000
2001 95.000.860.966 -191.06%
2002 95.929.333.976 0.97%
2003 171.850.196.523 44.18%
2004 239.088.636.546 28.12%
2005 254.424.438.895 6.03%
2006 234.554.807.930 -8.47%
2007 182.271.415.520 -28.68%
2008 76.652.000.000 -137.79%
2009 53.225.000.000 -44.02%
2010 99.634.000.000 46.58%
2011 141.048.000.000 29.36%
2012 132.903.000.000 -6.13%
2013 111.878.000.000 -18.79%
2014 163.329.000.000 31.5%
2015 162.111.000.000 -0.75%
2016 155.916.000.000 -3.97%
2017 207.223.000.000 24.76%
2018 282.456.000.000 26.64%
2019 275.894.000.000 -2.38%
2020 312.789.000.000 11.8%
2021 416.901.000.000 24.97%
2022 560.191.000.000 25.58%
2023 465.040.000.000 -20.46%
2023 486.507.000.000 4.41%
2024 554.900.000.000 12.33%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Advantest Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2000 0
2001 26.605.881.762 100%
2002 23.177.490.694 -14.79%
2003 21.342.891.009 -8.6%
2004 26.241.596.567 18.67%
2005 26.980.226.398 2.74%
2006 29.451.545.390 8.39%
2007 30.411.806.200 3.16%
2008 23.713.000.000 -28.25%
2009 17.896.000.000 -32.5%
2010 21.197.000.000 15.57%
2011 30.303.000.000 30.05%
2012 33.062.000.000 8.34%
2013 32.670.000.000 -1.2%
2014 29.876.000.000 -9.35%
2015 31.298.000.000 4.54%
2016 31.170.000.000 -0.41%
2017 33.540.000.000 7.07%
2018 37.852.000.000 11.39%
2019 40.070.000.000 5.54%
2020 42.678.000.000 6.11%
2021 48.400.000.000 11.82%
2022 60.100.000.000 19.47%
2023 0 0%
2023 65.500.000.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Advantest Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 0
2001 28.888.075.766 100%
2002 33.681.236.336 14.23%
2003 35.617.287.075 5.44%
2004 36.392.688.026 2.13%
2005 41.189.383.865 11.65%
2006 39.915.285.829 -3.19%
2007 40.582.311.880 1.64%
2008 31.771.000.000 -27.73%
2009 19.671.000.000 -61.51%
2010 21.162.000.000 7.05%
2011 37.608.000.000 43.73%
2012 35.778.000.000 -5.11%
2013 39.964.000.000 10.47%
2014 45.720.000.000 12.59%
2015 79.109.000.000 42.21%
2016 76.174.000.000 -3.85%
2017 82.645.000.000 7.83%
2018 93.100.000.000 11.23%
2019 97.751.000.000 4.76%
2020 105.870.000.000 7.67%
2021 121.132.000.000 12.6%
2022 152.042.000.000 20.33%
2023 161.044.000.000 5.59%
2023 158.963.000.000 -1.31%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Advantest Corporation EBITDA
Year EBITDA Growth
2000 84.905.000.000
2001 -25.066.919.304 438.71%
2002 -4.077.862.323 -514.71%
2003 41.339.243.167 109.86%
2004 67.887.515.173 39.11%
2005 71.348.047.223 4.85%
2006 63.593.871.180 -12.19%
2007 34.599.661.480 -83.8%
2008 -24.940.000.000 238.73%
2009 -6.746.000.000 -269.7%
2010 10.646.000.000 163.37%
2011 1.160.000.000 -817.76%
2012 -1.161.000.000 199.91%
2013 -23.689.000.000 95.1%
2014 18.457.000.000 228.35%
2015 17.562.000.000 -5.1%
2016 20.407.000.000 13.94%
2017 30.486.000.000 33.06%
2018 71.255.000.000 57.22%
2019 70.645.000.000 -0.86%
2020 83.249.000.000 15.14%
2021 131.614.000.000 36.75%
2022 193.541.000.000 32%
2023 110.884.000.000 -74.54%
2023 113.171.000.000 2.02%
2024 153.708.000.000 26.37%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Advantest Corporation Gross Profit
Year Gross Profit Growth
2000 276.512.000.000
2001 18.483.764.495 -1395.97%
2002 40.426.001.270 54.28%
2003 87.499.378.993 53.8%
2004 123.264.387.036 29.01%
2005 132.755.180.926 7.15%
2006 126.048.302.047 -5.32%
2007 93.728.189.600 -34.48%
2008 19.815.000.000 -373.02%
2009 25.928.000.000 23.58%
2010 48.470.000.000 46.51%
2011 68.748.000.000 29.5%
2012 68.920.000.000 0.25%
2013 49.333.000.000 -39.7%
2014 90.426.000.000 45.44%
2015 91.475.000.000 1.15%
2016 89.740.000.000 -1.93%
2017 106.588.000.000 15.81%
2018 154.039.000.000 30.8%
2019 156.497.000.000 1.57%
2020 168.291.000.000 7.01%
2021 235.907.000.000 28.66%
2022 319.061.000.000 26.06%
2023 232.232.000.000 -37.39%
2023 246.030.000.000 5.61%
2024 307.624.000.000 20.02%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Advantest Corporation Net Profit
Year Net Profit Growth
2000 53.121.000.000
2001 -23.844.946.695 322.78%
2002 -12.753.259.002 -86.97%
2003 17.093.516.311 174.61%
2004 38.022.305.800 55.04%
2005 41.455.862.212 8.28%
2006 35.486.773.462 -16.82%
2007 16.551.999.440 -114.4%
2008 -74.902.000.000 122.1%
2009 -11.454.000.000 -553.94%
2010 3.163.000.000 462.12%
2011 -2.195.000.000 244.1%
2012 -3.821.000.000 42.55%
2013 -35.540.000.000 89.25%
2014 12.948.000.000 374.48%
2015 6.694.000.000 -93.43%
2016 14.201.000.000 52.86%
2017 18.103.000.000 21.55%
2018 56.993.000.000 68.24%
2019 53.532.000.000 -6.47%
2020 69.787.000.000 23.29%
2021 87.301.000.000 20.06%
2022 130.400.000.000 33.05%
2023 66.944.000.000 -94.79%
2023 62.290.000.000 -7.47%
2024 95.492.000.000 34.77%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Advantest Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 267
2001 -119 324.37%
2002 -66 -83.08%
2003 88 173.86%
2004 195 54.87%
2005 223 12.16%
2006 190 -17.46%
2007 91 -110%
2008 -419 121.48%
2009 -64 -554.69%
2010 18 455.56%
2011 -13 250%
2012 -22 42.86%
2013 -204 89.71%
2014 74 375.68%
2015 38 -94.74%
2016 81 53.09%
2017 92 11.96%
2018 287 67.83%
2019 68 -326.87%
2020 88 23.86%
2021 112 21.43%
2022 174 35.63%
2023 91 -93.33%
2023 84 -7.14%
2024 129 34.88%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Advantest Corporation Free Cashflow
Year Free Cashflow Growth
2001 -4.234.107.181
2002 -2.755.028.607 -53.69%
2003 22.832.257.224 112.07%
2004 81.469.629.220 71.97%
2005 51.988.583.652 -56.71%
2006 40.464.092.880 -28.48%
2007 11.167.614.080 -262.33%
2008 -3.197.000.000 449.32%
2009 -20.759.000.000 84.6%
2010 -4.154.000.000 -399.74%
2011 6.042.000.000 168.75%
2012 -14.044.000.000 143.02%
2013 -10.117.000.000 -38.82%
2014 20.774.000.000 148.7%
2015 4.163.000.000 -399.02%
2016 11.424.000.000 63.56%
2017 23.526.000.000 51.44%
2018 38.389.000.000 38.72%
2019 57.593.000.000 33.34%
2020 54.553.000.000 -5.57%
2021 60.670.000.000 10.08%
2022 46.636.000.000 -30.09%
2023 12.125.000.000 -284.63%
2023 -466.000.000 2701.93%
2024 23.902.000.000 101.95%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Advantest Corporation Operating Cashflow
Year Operating Cashflow Growth
2001 8.986.030.901
2002 4.875.007.370 -84.33%
2003 27.831.423.454 82.48%
2004 90.194.845.340 69.14%
2005 59.597.576.235 -51.34%
2006 48.855.727.352 -21.99%
2007 24.130.023.280 -102.47%
2008 2.357.000.000 -923.76%
2009 -17.746.000.000 113.28%
2010 -693.000.000 -2460.75%
2011 12.302.000.000 105.63%
2012 -2.215.000.000 655.4%
2013 -3.776.000.000 41.34%
2014 24.481.000.000 115.42%
2015 7.728.000.000 -216.78%
2016 15.833.000.000 51.19%
2017 28.254.000.000 43.96%
2018 44.792.000.000 36.92%
2019 66.475.000.000 32.62%
2020 67.830.000.000 2%
2021 78.889.000.000 14.02%
2022 70.224.000.000 -12.34%
2023 32.668.000.000 -114.96%
2023 4.044.000.000 -707.81%
2024 27.680.000.000 85.39%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Advantest Corporation Capital Expenditure
Year Capital Expenditure Growth
2001 13.220.138.082
2002 7.630.035.977 -73.26%
2003 4.999.166.230 -52.63%
2004 8.725.216.120 42.7%
2005 7.608.992.583 -14.67%
2006 8.391.634.472 9.33%
2007 12.962.409.200 35.26%
2008 5.554.000.000 -133.39%
2009 3.013.000.000 -84.33%
2010 3.461.000.000 12.94%
2011 6.260.000.000 44.71%
2012 11.829.000.000 47.08%
2013 6.341.000.000 -86.55%
2014 3.707.000.000 -71.05%
2015 3.565.000.000 -3.98%
2016 4.409.000.000 19.14%
2017 4.728.000.000 6.75%
2018 6.403.000.000 26.16%
2019 8.882.000.000 27.91%
2020 13.277.000.000 33.1%
2021 18.219.000.000 27.13%
2022 23.588.000.000 22.76%
2023 20.543.000.000 -14.82%
2023 4.510.000.000 -355.5%
2024 3.778.000.000 -19.38%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Advantest Corporation Equity
Year Equity Growth
2000 267.929.000.000
2001 240.376.658.900 -11.46%
2002 207.066.595.743 -16.09%
2003 219.332.892.884 5.59%
2004 206.446.525.030 -6.24%
2005 258.437.386.225 20.12%
2006 294.223.377.330 12.16%
2007 253.464.955.280 -16.08%
2008 163.616.000.000 -54.91%
2009 150.242.000.000 -8.9%
2010 138.132.000.000 -8.77%
2011 131.552.000.000 -5%
2012 141.241.000.000 6.86%
2013 116.252.000.000 -21.5%
2014 140.938.000.000 17.52%
2015 93.619.000.000 -50.54%
2016 109.517.000.000 14.52%
2017 124.610.000.000 12.11%
2018 198.731.000.000 37.3%
2019 231.452.000.000 14.14%
2020 280.369.000.000 17.45%
2021 294.621.000.000 4.84%
2022 368.694.000.000 20.09%
2023 431.178.000.000 14.49%
2023 401.813.000.000 -7.31%
2024 456.934.000.000 12.06%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Advantest Corporation Assets
Year Assets Growth
2000 407.431.000.000
2001 306.776.795.066 -32.81%
2002 276.014.156.601 -11.15%
2003 326.311.943.443 15.41%
2004 296.334.791.624 -10.12%
2005 351.470.108.920 15.69%
2006 365.661.136.315 3.88%
2007 297.836.279.080 -22.77%
2008 202.059.000.000 -47.4%
2009 188.663.000.000 -7.1%
2010 180.312.000.000 -4.63%
2011 219.226.000.000 17.75%
2012 225.515.000.000 2.79%
2013 229.856.000.000 1.89%
2014 273.041.000.000 15.82%
2015 210.451.000.000 -29.74%
2016 231.603.000.000 9.13%
2017 254.559.000.000 9.02%
2018 304.580.000.000 16.42%
2019 355.777.000.000 14.39%
2020 422.641.000.000 15.82%
2021 494.696.000.000 14.57%
2022 600.224.000.000 17.58%
2023 671.229.000.000 10.58%
2023 630.766.000.000 -6.41%
2024 723.230.000.000 12.78%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Advantest Corporation Liabilities
Year Liabilities Growth
2000 139.502.000.000
2001 66.400.136.166 -110.09%
2002 68.947.560.857 3.69%
2003 106.979.050.557 35.55%
2004 89.888.266.593 -19.01%
2005 93.032.722.694 3.38%
2006 71.437.758.984 -30.23%
2007 44.371.323.800 -61%
2008 38.443.000.000 -15.42%
2009 38.421.000.000 -0.06%
2010 42.180.000.000 8.91%
2011 87.674.000.000 51.89%
2012 84.274.000.000 -4.03%
2013 113.604.000.000 25.82%
2014 132.103.000.000 14%
2015 116.832.000.000 -13.07%
2016 122.086.000.000 4.3%
2017 129.949.000.000 6.05%
2018 105.849.000.000 -22.77%
2019 124.325.000.000 14.86%
2020 142.272.000.000 12.61%
2021 200.075.000.000 28.89%
2022 231.530.000.000 13.59%
2023 240.051.000.000 3.55%
2023 228.953.000.000 -4.85%
2024 266.296.000.000 14.02%

Advantest Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
707.85
Net Income per Share
103.97
Price to Earning Ratio
71.72x
Price To Sales Ratio
10.51x
POCF Ratio
85.85
PFCF Ratio
120.21
Price to Book Ratio
12.08
EV to Sales
10.46
EV Over EBITDA
40.5
EV to Operating CashFlow
85.25
EV to FreeCashFlow
119.67
Earnings Yield
0.01
FreeCashFlow Yield
0.01
Market Cap
5.506,14 Bil.
Enterprise Value
5.481,36 Bil.
Graham Number
1201.64
Graham NetNet
43.61

Income Statement Metrics

Net Income per Share
103.97
Income Quality
0.75
ROE
0.18
Return On Assets
0.11
Return On Capital Employed
0.19
Net Income per EBT
0.79
EBT Per Ebit
0.9
Ebit per Revenue
0.21
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0.23
Research & Developement to Revenue
0.16
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.52
Operating Profit Margin
0.21
Pretax Profit Margin
0.19
Net Profit Margin
0.15

Dividends

Dividend Yield
0
Dividend Yield %
0.23
Payout Ratio
0.33
Dividend Per Share
0.12

Operating Metrics

Operating Cashflow per Share
86.86
Free CashFlow per Share
61.88
Capex to Operating CashFlow
0.29
Capex to Revenue
0.04
Capex to Depreciation
0.68
Return on Invested Capital
0.15
Return on Tangible Assets
0.13
Days Sales Outstanding
68.77
Days Payables Outstanding
123.44
Days of Inventory on Hand
316.15
Receivables Turnover
5.31
Payables Turnover
2.96
Inventory Turnover
1.15
Capex per Share
24.98

Balance Sheet

Cash per Share
155,90
Book Value per Share
617,27
Tangible Book Value per Share
470.81
Shareholders Equity per Share
617.27
Interest Debt per Share
135.14
Debt to Equity
0.21
Debt to Assets
0.13
Net Debt to EBITDA
-0.18
Current Ratio
3.04
Tangible Asset Value
348,52 Bil.
Net Current Asset Value
188,11 Bil.
Invested Capital
515182000000
Working Capital
305,01 Bil.
Intangibles to Total Assets
0.15
Average Receivables
93,79 Bil.
Average Payables
81,04 Bil.
Average Inventory
211329500000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Advantest Corporation Dividends
Year Dividends Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2014 0 0%
2022 2 100%
2023 1 0%
2024 0 0%

Advantest Corporation Profile

About Advantest Corporation

Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products. It operates through three segments: Semiconductor and Component Test System; Mechatronics System; and Services, Support and Others. The Semiconductor and Component Test System segment provides customers with test system products for the semiconductor industry and the electronic parts industry. This segment offers test systems for SoC semiconductor devices; and test systems for memory semiconductors devices. The Mechatronics System segment provides test handlers; mechatronic-applied products for handling semiconductor devices; and device interfaces, which serve as interfaces with the devices that are measured. This segment also engages in the operations related to nano-technology products. The Services, Support and Others segment provides customer solutions for the semiconductor and component test system and mechatronics system segments; and support services. This segment is also involved in the sale of consumables and used products; and equipment lease business and others. In addition, the company engages in the research and development activities measuring and testing technologies. Advantest Corporation serves fabless semiconductor companies, foundries, and test houses, as well as industrial, design, and manufacturing companies in Japan, rest of Asia, the United States, and Europe. Advantest Corporation has collaboration with STMicroelectronics on advanced automated test cell for IC Testing; and partnership with PDF Solutions Inc. for cloud-based software solutions. The company was founded in 1954 and is headquartered in Tokyo, Japan.

CEO
Mr. Douglas Lefever
Employee
6.766
Address
Shin Marunouchi Center Building
Tokyo, 100-0005

Advantest Corporation Executives & BODs

Advantest Corporation Executives & BODs
# Name Age
1 Mr. Douglas Lefever
Group Chief Executive Officer, Senior Executive Officer & Representative Director
70
2 Mr. Juergen Serrer
Chief Technology Officer, Executive Vice President of ATE Business Group & Senior Executive Officer
70
3 Mr. Keith Hardwick
Chief Compliance Officer, Chief Human Capital Officer & Senior Executive Officer
70
4 Mr. Makoto Nakahara
Chief Customer Relations Officer, Senior Executive Officer & Executive Vice President of Sales Group
70
5 Mr. Koichi Tsukui
President, Group Chief Operating Officer, Senior Executive Officer & Representative Director
70
6 Mr. Tomoki Nagashima
Corporate Planning & Investor Relations Manager
70
7 Mr. Yasuo Mihashi
Chief Financial Officer, CSO & Senior Executive Officer
70
8 Mr. Soichi Tsukakoshi
Managing Executive Officer & Chief Production Officer
70
9 Mr. Yong Xu
China Business Strategy & Senior Executive Officer
70
10 Mr. Michael Stichlmair
Executive Officer & Senior Vice President of Sales Group
70

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