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Advantest CorporationTSE:6857 Stock Report

Market Cap JP¥13.9t
Share Price
JP¥19.15k
My Fair Value
n/a
1Y100.7%
7D-3.4%
Portfolio Value
​
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Advantest Corporation

TSE:6857 Stock Report

Market Cap: JP¥13.9t

Advantest (6857) Stock Overview

Manufactures and sells semiconductors, component test systems, and mechatronics-related products in Japan, rest of Asia, the Americas, and Europe. More details

6857 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance6/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 10.97% per year

Earnings grew by 147.5% over the past year

Risk Analysis

Highly volatile share price over the past 3 months compared to the JP market


6857 Community Fair Values

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See what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Advantest

6857: Margins Will Likely Peak As Market Overenthusiasm Signals Pullback Ahead

Key Takeaways AI proliferation and semiconductor complexity are generating strong demand for Advantest's advanced testing solutions, supporting above-industry revenue and margin growth. Expansion into adjacent markets and disciplined cost management increase operational resilience, diversify revenues, and boost long-term profitability.
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JP¥16.44k
FV
16.5% overvalued intrinsic discount
7.05%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
10users have followed this narrative
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Advantest

Surging Capacity And Normalizing AI Demand Will Erode Profitability

Key Takeaways AI-driven order surges and rapid capacity expansion expose Advantest to risks of demand reversion, overcapacity, and margin pressure if market growth slows. Geopolitical tensions and increased competition threaten profitability, supply chain stability, and the company's historical advantages in traditional testing segments.
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JP¥6.97k
FV
174.6% overvalued intrinsic discount
-4.70%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
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Advantest

Advanced AI And Chip Complexity Will Fuel Test System Evolution

Key Takeaways AI and next-generation semiconductor trends are driving stronger-than-expected demand, with Advantest's expansion and product positioning enabling outsized revenue and margin growth opportunities. Growing chip complexity and expanded service offerings enhance pricing power and recurring revenues, positioning the company for sustained industry leadership and long-term profit outperformance.
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JP¥16k
FV
19.7% overvalued intrinsic discount
23.00%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
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Advantest Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Advantest
Historical stock prices
Current Share PriceJP¥19,150.00
52 Week HighJP¥23,675.00
52 Week LowJP¥4,703.00
Beta0.79
1 Month Change9.37%
3 Month Change74.97%
1 Year Change100.71%
3 Year Change752.06%
5 Year Change965.37%
Change since IPO5,915.03%

Recent News & Updates

Why Investors Shouldn't Be Surprised By Advantest Corporation's (TSE:6857) 58% Share Price Surge

Oct 31
Why Investors Shouldn't Be Surprised By Advantest Corporation's (TSE:6857) 58% Share Price Surge

JP¥14,609 - That's What Analysts Think Advantest Corporation (TSE:6857) Is Worth After These Results

Oct 30
JP¥14,609 - That's What Analysts Think Advantest Corporation (TSE:6857) Is Worth After These Results

Recent updates

Why Investors Shouldn't Be Surprised By Advantest Corporation's (TSE:6857) 58% Share Price Surge

Oct 31
Why Investors Shouldn't Be Surprised By Advantest Corporation's (TSE:6857) 58% Share Price Surge

JP¥14,609 - That's What Analysts Think Advantest Corporation (TSE:6857) Is Worth After These Results

Oct 30
JP¥14,609 - That's What Analysts Think Advantest Corporation (TSE:6857) Is Worth After These Results

Advantest Corporation's (TSE:6857) 25% Share Price Surge Not Quite Adding Up

Sep 16
Advantest Corporation's (TSE:6857) 25% Share Price Surge Not Quite Adding Up

Solid Earnings Reflect Advantest's (TSE:6857) Strength As A Business

Aug 07
Solid Earnings Reflect Advantest's (TSE:6857) Strength As A Business

Advantest Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 01
Advantest Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Do Advantest's (TSE:6857) Earnings Warrant Your Attention?

Jul 17
Do Advantest's (TSE:6857) Earnings Warrant Your Attention?

Does Advantest (TSE:6857) Have A Healthy Balance Sheet?

Jun 13
Does Advantest (TSE:6857) Have A Healthy Balance Sheet?

Advantest Corporation's (TSE:6857) P/E Is Still On The Mark Following 27% Share Price Bounce

May 28
Advantest Corporation's (TSE:6857) P/E Is Still On The Mark Following 27% Share Price Bounce

Advantest Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Apr 29
Advantest Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Advantest Corporation's (TSE:6857) Stock Retreats 33% But Earnings Haven't Escaped The Attention Of Investors

Apr 09
Advantest Corporation's (TSE:6857) Stock Retreats 33% But Earnings Haven't Escaped The Attention Of Investors

Returns on Capital Paint A Bright Future For Advantest (TSE:6857)

Apr 01
Returns on Capital Paint A Bright Future For Advantest (TSE:6857)

Advantest (TSE:6857) Seems To Use Debt Rather Sparingly

Mar 13
Advantest (TSE:6857) Seems To Use Debt Rather Sparingly

Advantest Corporation's (TSE:6857) Popularity With Investors Is Clear

Feb 23
Advantest Corporation's (TSE:6857) Popularity With Investors Is Clear

We Think Advantest's (TSE:6857) Robust Earnings Are Conservative

Feb 05
We Think Advantest's (TSE:6857) Robust Earnings Are Conservative

Advantest Corporation (TSE:6857) Just Beat Earnings: Here's What Analysts Think Will Happen Next

Jan 31
Advantest Corporation (TSE:6857) Just Beat Earnings: Here's What Analysts Think Will Happen Next

Is Now The Time To Look At Buying Advantest Corporation (TSE:6857)?

Jan 21
Is Now The Time To Look At Buying Advantest Corporation (TSE:6857)?

Many Would Be Envious Of Advantest's (TSE:6857) Excellent Returns On Capital

Dec 21
Many Would Be Envious Of Advantest's (TSE:6857) Excellent Returns On Capital

Is Advantest (TSE:6857) Using Too Much Debt?

Nov 30
Is Advantest (TSE:6857) Using Too Much Debt?
User avatar

AI-Driven Semiconductor Innovations Spark Growth And Elevate Earnings Potential

Strong demand for high-performance semiconductors and SoC testers is expected to drive sales growth and improve margins.

Shareholder Returns

6857JP SemiconductorJP Market
7D-3.4%-7.9%-3.3%
1Y100.7%40.6%19.6%

Return vs Industry: 6857 exceeded the JP Semiconductor industry which returned 42.8% over the past year.

Return vs Market: 6857 exceeded the JP Market which returned 19.3% over the past year.

Price Volatility

Is 6857's price volatile compared to industry and market?
6857 volatility
6857 Average Weekly Movement10.6%
Semiconductor Industry Average Movement6.5%
Market Average Movement3.8%
10% most volatile stocks in JP Market8.1%
10% least volatile stocks in JP Market1.9%

Stable Share Price: 6857's share price has been volatile over the past 3 months compared to the JP market.

Volatility Over Time: 6857's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
19467,001Douglas Lefeverwww.advantest.com

Advantest Corporation, together with its subsidiaries, manufactures and sells semiconductors, component test systems, and mechatronics-related products in Japan, rest of Asia, the Americas, and Europe. It operates in three segments: Semiconductor and Component Test System Business; Mechatronics Related Business; and Services, Support and Others. The company offers automated test equipment, including system on chip, power device, and memory test systems, as well as burn-in and SSD test systems; and metrology and SEM tools.

Advantest Corporation Fundamentals Summary

How do Advantest's earnings and revenue compare to its market cap?
6857 fundamental statistics
Market capJP¥13.93t
Earnings (TTM)JP¥261.65b
Revenue (TTM)JP¥977.23b
53.2x
P/E Ratio
14.3x
P/S Ratio

Is 6857 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6857 income statement (TTM)
RevenueJP¥977.23b
Cost of RevenueJP¥383.87b
Gross ProfitJP¥593.37b
Other ExpensesJP¥331.72b
EarningsJP¥261.65b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)359.71
Gross Margin60.72%
Net Profit Margin26.77%
Debt/Equity Ratio12.3%

How did 6857 perform over the long term?

See historical performance and comparison

Dividends

0.3%
Current Dividend Yield
14%
Payout Ratio

Does 6857 pay a reliable dividends?

See 6857 dividend history and benchmarks
When do you need to buy 6857 by to receive an upcoming dividend?
Advantest dividend dates
Ex Dividend DateSep 29 2025
Dividend Pay DateDec 01 2025
Days until Ex dividend52 days
Days until Dividend pay date11 days

Does 6857 pay a reliable dividends?

See 6857 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 07:06
End of Day Share Price 2025/11/19 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Advantest Corporation is covered by 33 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Steven LiuAletheia Analyst Network Limited
Warren LauAletheia Analyst Network Limited
Alex ChangBNP Paribas