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Advantest Corp. (DE:VAN)
FRANKFURT:VAN
VAN Stock Chart & Stats
€147.96
€3.49(5.96%)
At close: 4:00 PM EST
€147.96
€3.49(5.96%)
Day’s Range― - ―
52-Week Range€32.20 - €161.00
Previous CloseN/A
Volume401.00
Average Volume (3M)198.00
Market Cap
€97.87B
Enterprise Value€18.46T
Total Cash (Recent Filing)€329.32B
Total Debt (Recent Filing)€102.35B
Price to Earnings (P/E)63.5
Beta0.82
Next Earnings
Apr 24, 2026EPS Estimate
0.7Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.59
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
€151.45Price Target Upside2.36% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)2.45
Revenue Forecast (FY)€5.75B
Bulls Say, Bears Say
Bulls Say
High ProfitabilitySustained, very high margins indicate durable pricing power and efficient cost structure in test equipment. These margins support robust internal funding for R&D, product development and customer support, allowing Advantest to maintain technological leadership and strong returns over the medium term.
Conservative Balance SheetLow leverage and an enlarged equity base provide financial flexibility to withstand semiconductor cycle swings, invest in strategic programs, and pursue M&A or capex without straining liquidity. High ROE reflects strong capital efficiency that can compound value when demand is favorable.
Strong Cash GenerationHigh cash conversion of profits into free cash flow supports sustained reinvestment in product development, customer service and potential shareholder returns. Reliable cash generation enhances resilience through cyclical downturns and funds strategic initiatives without heavy external financing.
Bears Say
Cyclicality Of ResultsRevenue and earnings are highly sensitive to semiconductor capital spending cycles. This cyclicality reduces predictability of sales and margins, risks margin normalization in downturns and complicates capacity planning, making medium-term performance dependent on industry timing rather than solely company action.
Weak FCF Growth TrendDespite strong absolute cash conversion today, negative FCF growth and periodic weak conversion show cash flow volatility. That can limit consistent reinvestment, reduce flexibility for sustained capital allocation programs, and make funding cycles for new platforms or services uneven over time.
Dependence On Semiconductor CapexBusiness demand is structurally tied to customers' capex and node/packaging transitions. While tech shifts can drive longer-term opportunity, they also produce lumpier, timing-driven revenue and require ongoing product adaptation, leaving business exposed to customer cycle timing and adoption risk.
Advantest News
VAN FAQ
What was Advantest Corp.’s price range in the past 12 months?
Advantest Corp. lowest stock price was €32.20 and its highest was €161.00 in the past 12 months.
What is Advantest Corp.’s market cap?
Advantest Corp.’s market cap is €97.87B.
When is Advantest Corp.’s upcoming earnings report date?
Advantest Corp.’s upcoming earnings report date is Apr 24, 2026 which is in 51 days.
How were Advantest Corp.’s earnings last quarter?
Advantest Corp. released its earnings results on Jan 28, 2026. The company reported €0.59 earnings per share for the quarter, beating the consensus estimate of €0.406 by €0.183.
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 0.7.
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 €0.59 in its last earnings report, beating expectations of €0.406. 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
€151.45
▲(2.36% Upside)
Technical Analysis
Options Prices
Currently, No data available
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