Advantest Corp
TSE:6857

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Advantest Corp
TSE:6857
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Price: 20 200 JPY -2.42% Market Closed
Market Cap: 15.5T JPY

Relative Value

The Relative Value of one Advantest Corp stock under the Base Case scenario is 9 956.86 JPY. Compared to the current market price of 20 200 JPY, Advantest Corp is Overvalued by 51%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
9 956.86 JPY
Overvaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
20
Median 3Y
8.1
Median 5Y
5.3
Industry
3.4
Forward
15.5
vs History
15
vs Industry
23
Median 3Y
40.1
Median 5Y
25.3
Industry
30.6
Forward
49.8
vs History
30
vs Industry
23
Median 3Y
45.2
Median 5Y
24.8
Industry
18.7
vs History
30
vs Industry
21
Median 3Y
51
Median 5Y
28.4
Industry
26
vs History
1
vs Industry
4
Median 3Y
10.4
Median 5Y
6.6
Industry
2.6
vs History
1
vs Industry
18
Median 3Y
8
Median 5Y
5.2
Industry
3.5
Forward
15.2
vs History
1
vs Industry
31
Median 3Y
14.1
Median 5Y
9.7
Industry
11.8
vs History
7
vs Industry
23
Median 3Y
24.1
Median 5Y
15.7
Industry
18
Forward
36
vs History
17
vs Industry
25
Median 3Y
28.4
Median 5Y
17.4
Industry
24.8
vs History
30
vs Industry
22
Median 3Y
44.4
Median 5Y
23.9
Industry
18.3
vs History
20
vs Industry
20
Median 3Y
35.7
Median 5Y
10.5
Industry
24.1
vs History
1
vs Industry
7
Median 3Y
9.3
Median 5Y
5.4
Industry
2.2

Multiples Across Competitors

Competitors Multiples
Advantest Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
JP
Advantest Corp
TSE:6857
14.7T JPY 15 56.2 36.9 39.4
NL
ASML Holding NV
AEX:ASML
368.6B EUR 11.5 36.1 27.3 30.1
US
Brooks Automation Inc
LSE:0HQ1
314.4B USD 519.8 -2 818 8 688.3 -9 114.4
US
Applied Materials Inc
NASDAQ:AMAT
213.5B USD 7.5 30.5 23.9 25.1
US
Lam Research Corp
NASDAQ:LRCX
199.8B USD 10.2 34.4 28.7 30.4
US
KLA Corp
NASDAQ:KLAC
159.9B USD 12.8 37.7 28 30
JP
Tokyo Electron Ltd
TSE:8035
15.2T JPY 6.1 28 19.5 21.5
CN
NAURA Technology Group Co Ltd
SZSE:002371
325.1B CNY 8.8 51.7 47.1 47.1
JP
Disco Corp
TSE:6146
5T JPY 12.2 39.6 26.1 28.2
US
Teradyne Inc
NASDAQ:TER
31.6B USD 11 71.3 47.5 58.4
NL
ASM International NV
AEX:ASM
25.3B EUR 7.7 32.3 20.4 25.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
JP
Advantest Corp
TSE:6857
Average EV/EBITDA: 817.6
36.9
22%
1.7
NL
ASML Holding NV
AEX:ASML
27.3
13%
2.1
US
B
Brooks Automation Inc
LSE:0HQ1
8 688.3
82%
106
US
Applied Materials Inc
NASDAQ:AMAT
23.9
7%
3.4
US
Lam Research Corp
NASDAQ:LRCX
28.7
15%
1.9
US
KLA Corp
NASDAQ:KLAC
28
11%
2.5
JP
Tokyo Electron Ltd
TSE:8035
19.5
9%
2.2
CN
NAURA Technology Group Co Ltd
SZSE:002371
47.1
32%
1.5
JP
Disco Corp
TSE:6146
26.1
10%
2.6
US
Teradyne Inc
NASDAQ:TER
47.5
26%
1.8
NL
ASM International NV
AEX:ASM
20.4
13%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
JP
Advantest Corp
TSE:6857
Average EV/EBIT: 33.6
39.4
N/A N/A
NL
ASML Holding NV
AEX:ASML
30.1
14%
2.1
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -9 114.4 N/A N/A
US
Applied Materials Inc
NASDAQ:AMAT
25.1
7%
3.6
US
Lam Research Corp
NASDAQ:LRCX
30.4
15%
2
US
KLA Corp
NASDAQ:KLAC
30
12%
2.5
JP
Tokyo Electron Ltd
TSE:8035
21.5
N/A N/A
CN
NAURA Technology Group Co Ltd
SZSE:002371
47.1
27%
1.7
JP
Disco Corp
TSE:6146
28.2
N/A N/A
US
Teradyne Inc
NASDAQ:TER
58.4
29%
2
NL
ASM International NV
AEX:ASM
25.3
14%
1.8