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Advantest Corp
TSE:6857

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Advantest Corp
TSE:6857
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Price: 29 750 JPY -5.56% Market Closed
Market Cap: ¥21.8T

EV/GP

33
Current
115%
More Expensive
vs 3-y average of 15.4

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
33
=
Enterprise Value
¥20.5T
/
Gross Profit
¥644.2B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
33
=
Enterprise Value
¥20.5T
/
Gross Profit
¥644.2B

Valuation Scenarios

Advantest Corp is trading above its 3-year average

If EV/GP returns to its 3-Year Average (15.4), the stock would be worth ¥13 831.25 (54% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-89%
Maximum Upside
No Upside Scenarios
Average Downside
70%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 33 ¥29 750
0%
3-Year Average 15.4 ¥13 831.25
-54%
5-Year Average 9.8 ¥8 821.64
-70%
Industry Average 10.2 ¥9 142.36
-69%
Country Average 3.7 ¥3 365.95
-89%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
JP
Advantest Corp
TSE:6857
21.6T JPY 33 74.9
NL
ASML Holding NV
AEX:ASML
459.6B EUR 26.5 45
US
Lam Research Corp
NASDAQ:LRCX
311.1B USD 28.6 46.4
US
Applied Materials Inc
NASDAQ:AMAT
303.6B USD 21.9 38.7
US
KLA Corp
NASDAQ:KLAC
238.2B USD 30.2 52.3
US
Brooks Automation Inc
LSE:0HQ1
210.4B USD 791.5 -3 636.7
JP
Tokyo Electron Ltd
TSE:8035
20.7T JPY 18.7 41.1
US
Teradyne Inc
NASDAQ:TER
47.8B USD 25.7 86.2
CN
NAURA Technology Group Co Ltd
SZSE:002371
374.8B CNY 23.5 67
JP
Disco Corp
TSE:6146
8.3T JPY 26.1 61.2
NL
ASM International NV
AEX:ASM
39.6B EUR 23.3 39.9
P/E Multiple
Earnings Growth PEG
JP
Advantest Corp
TSE:6857
Average P/E: 55.3
74.9
50%
1.5
NL
ASML Holding NV
AEX:ASML
45
20%
2.3
US
Lam Research Corp
NASDAQ:LRCX
46.4
24%
1.9
US
Applied Materials Inc
NASDAQ:AMAT
38.7
20%
1.9
US
KLA Corp
NASDAQ:KLAC
52.3
22%
2.4
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -3 636.7 N/A N/A
JP
Tokyo Electron Ltd
TSE:8035
41.1
13%
3.2
US
Teradyne Inc
NASDAQ:TER
86.2
44%
2
CN
NAURA Technology Group Co Ltd
SZSE:002371
67
N/A N/A
JP
Disco Corp
TSE:6146
61.2
N/A N/A
NL
ASM International NV
AEX:ASM
39.9
23%
1.7

Market Distribution

Higher than 95% of companies in Japan
Percentile
95th
Based on 4 798 companies
95th percentile
33
Low
0.1 — 2.6
Typical Range
2.6 — 5.9
High
5.9 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 2.6
Median 3.7
70th Percentile 5.9
Max 45 735 393.8

Advantest Corp
Glance View

In the bustling world of semiconductor production, Advantest Corp. has carved out a significant niche for itself as a leading provider of semiconductor test equipment. Founded in Japan’s capital, Tokyo, Advantest has risen to prominence by arming chip manufacturers with the essential tools required to ensure their products meet rigorous standards before reaching the market. The company's core business surrounds the design, production, and marketing of automatic test equipment (ATE) for semiconductors, which are indispensable in verifying the performance and reliability of integrated circuits. As the demand for electronics continues to surge globally, fueled by sectors such as mobile technology, automotive electronics, and data centers, Advantest’s role as a gatekeeper in semiconductor quality remains ever crucial. Advantest's financial model thrives on the backbone of innovation and cutting-edge technology. The firm invests heavily in research and development, continuously seeking advancements that will speed up testing times and reduce costs, thereby providing a competitive edge to their clients in the semiconductor industry. Revenue streams primarily flow from the sale of these advanced testing machines, which are crucial for tech giants as they race to shrink chip sizes while increasing computing power. With its global presence, Advantest not only supplies these high-tech tools but also offers associated services and support, further solidifying its relationships within the intricate semiconductor supply chain, ensuring that as technology evolves, so does their foothold in the marketplace.

Intrinsic Value
10 820.19 JPY
Overvaluation 64%
Intrinsic Value
Price ¥29 750
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