Advantest Corp. (DE:VAN)
FRANKFURT:VAN
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VAN Stock Chart & Stats
€152.00
€3.49(5.96%)
At close: 4:00 PM EST
€152.00
€3.49(5.96%)
Day’s Range― - ―
52-Week Range€32.75 - €161.00
Previous CloseN/A
Volume401.00
Average Volume (3M)198.00
Market Cap
€102.68B
Enterprise Value€20.01T
Total Cash (Recent Filing)€329.32B
Total Debt (Recent Filing)€102.35B
Price to Earnings (P/E)45.3
Beta0.87
Next Earnings
Apr 27, 2026EPS Estimate
0.76Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.58
Shares Outstanding732,000,000
10 Day Avg. Volume275
30 Day Avg. Volume198
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)9.42
Price to Sales (P/S)6.12
P/FCF Ratio17.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€159.84Price Target Upside5.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)3.54
Revenue Forecast (FY)€7.56B
Bulls Say, Bears Say
Bulls Say
High Profitability / MarginsSustained high gross and operating margins indicate material pricing power and a capital-efficient product portfolio. These margins support strong returns on capital and provide persistent cash available for R&D, product development, and service support even through normal industry fluctuations.
Conservative LeverageVery low debt-to-equity gives the company durable financial flexibility to fund R&D, absorb cyclical downturns, and pursue opportunistic investments without stressing interest coverage. A strong balance sheet reduces refinancing risk across semiconductor cycles.
Strong Cash GenerationHigh cash conversion means reported profits largely translate into real cash, enabling sustained funding for capital equipment, service operations and upgrades. Reliable cash flow supports resilience and long-term investments despite the capital intensity of test-equipment business.
Bears Say
Cyclicality Of ResultsRevenue and profits swing with semiconductor capex cycles, creating lumpy earnings and making medium-term forecasting and capacity planning difficult. Cyclicality can cause rapid margin normalization after upcycles and complicates capital allocation decisions.
Negative FCF Growth / VolatilityAlthough FCF levels are high, negative FCF growth and historical volatility reduce predictability of internally generated funds for R&D or buybacks. Downcycles or working-capital swings could constrain investments or force trade-offs among growth, maintenance, and returns.
Dependence On Semiconductor CapExThe business model is structurally tied to customer capex and technology node transitions, making revenue lumpy and dependent on OEM and foundry investment timing. Rapid tech shifts can also drive product obsolescence risk and require continuous investment to stay competitive.
Advantest News
VAN FAQ
What was Advantest Corp.’s price range in the past 12 months?
Advantest Corp. lowest stock price was €32.75 and its highest was €161.00 in the past 12 months.
What is Advantest Corp.’s market cap?
Advantest Corp.’s market cap is €102.68B.
When is Advantest Corp.’s upcoming earnings report date?
Advantest Corp.’s upcoming earnings report date is Apr 27, 2026 which is in 8 days.
How were Advantest Corp.’s earnings last quarter?
Advantest Corp. released its earnings results on Jan 28, 2026. The company reported €0.58 earnings per share for the quarter, beating the consensus estimate of €0.4 by €0.181.
Is Advantest Corp. overvalued?
According to Wall Street analysts Advantest Corp.’s price is currently Undervalued.
Does Advantest Corp. pay dividends?
Advantest Corp. does not currently pay dividends.
What is Advantest Corp.’s EPS estimate?
Advantest Corp.’s EPS estimate is 0.76.
How many shares outstanding does Advantest Corp. have?
Advantest Corp. has 732,000,000 shares outstanding.
What happened to Advantest Corp.’s price movement after its last earnings report?
Advantest Corp. reported an EPS of €0.58 in its last earnings report, beating expectations of €0.4. Following the earnings report the stock price went up 15.462%.
Which hedge fund is a major shareholder of Advantest Corp.?
Currently, no hedge funds are holding shares in DE:VAN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Advantest Corp.
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.
VAN Company Deck
VAN Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Advantest reported a strong financial performance in FY 2024 with record-high sales and profits, driven by robust demand for AI-related semiconductors. Despite some challenges including impairment losses and geopolitical uncertainties, the company maintains a positive outlook for FY 2025, expecting continued high demand and market presence.View all DE:VAN earnings summariesVAN Stock 12 Month Forecast
Average Price Target
€159.84
▲(5.16% Upside)
Technical Analysis
Options Prices
Currently, No data available
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