Advantest Corporation

OTCPK:ADTT.F Stock Report

Market Cap: US$41.7b

Advantest Valuation

Is ADTT.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ADTT.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ADTT.F ($62.5) is trading above our estimate of fair value ($28.28)

Significantly Below Fair Value: ADTT.F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ADTT.F?

Key metric: As ADTT.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ADTT.F. This is calculated by dividing ADTT.F's market cap by their current earnings.
What is ADTT.F's PE Ratio?
PE Ratio59.5x
EarningsJP¥105.70b
Market CapJP¥6.29t

Price to Earnings Ratio vs Peers

How does ADTT.F's PE Ratio compare to its peers?

The above table shows the PE ratio for ADTT.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.1x
KLAC KLA
28.5x13.6%US$84.5b
ENTG Entegris
69.4x50.4%US$15.9b
LRCX Lam Research
22.7x12.3%US$93.5b
AMAT Applied Materials
19.7x7.8%US$142.8b
ADTT.F Advantest
59.5x16.5%US$6.3t

Price-To-Earnings vs Peers: ADTT.F is expensive based on its Price-To-Earnings Ratio (59.5x) compared to the peer average (35.3x).

Price to Earnings Ratio vs Industry

How does ADTT.F's PE Ratio compare vs other companies in the US Semiconductor Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SQNS Sequans Communications
1.7x-156.5%US$67.48m
No more companies available in this PE range
ADTT.F 59.5xIndustry Avg. 28.9xNo. of Companies10PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ADTT.F is expensive based on its Price-To-Earnings Ratio (59.5x) compared to the US Semiconductor industry average (29x).

Price to Earnings Ratio vs Fair Ratio

What is ADTT.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ADTT.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio59.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ADTT.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ADTT.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$62.41
0%
15.9%US$72.01US$38.92n/a15
Nov ’25US$59.08
US$59.17
+0.1%
15.1%US$73.05US$39.49n/a15
Oct ’25US$46.08
US$55.47
+20.4%
4.7%US$60.60US$50.15n/a13
Sep ’25n/a
US$51.19
0%
12.1%US$60.03US$38.64n/a14
Aug ’25US$41.79
US$48.08
+15.0%
13.1%US$58.09US$37.39n/a14
Jul ’25US$40.54
US$41.89
+3.3%
14.0%US$51.68US$32.89n/a15
Jun ’25US$33.00
US$42.67
+29.3%
13.3%US$52.60US$33.15n/a15
May ’25US$31.66
US$43.84
+38.4%
14.6%US$52.87US$32.04n/a15
Apr ’25n/a
US$46.23
0%
14.8%US$56.13US$35.66n/a15
Mar ’25US$46.10
US$44.08
-4.4%
19.0%US$56.61US$29.30n/a16
Feb ’25US$40.62
US$37.86
-6.8%
15.7%US$48.52US$28.70n/a16
Jan ’25n/a
US$34.44
0%
15.8%US$41.48US$26.36n/a15
Dec ’24n/a
US$33.28
0%
15.5%US$39.80US$25.30n/a16
Nov ’24US$23.15
US$31.91
+37.8%
20.0%US$39.11US$18.23US$59.0817
Oct ’24n/a
US$32.79
0%
23.2%US$43.55US$16.75US$46.0817
Sep ’24US$30.54
US$32.42
+6.2%
25.7%US$44.72US$17.20n/a17
Aug ’24US$34.25
US$33.20
-3.1%
25.6%US$46.74US$17.98US$41.7917
Jul ’24n/a
US$30.22
0%
25.8%US$45.29US$17.42US$40.5417
Jun ’24US$31.00
US$25.55
-17.6%
20.4%US$37.56US$17.89US$33.0017
May ’24US$20.76
US$23.69
+14.1%
18.5%US$32.74US$13.84US$31.6617
Apr ’24US$23.10
US$22.88
-0.9%
17.6%US$28.37US$13.95n/a14
Mar ’24US$18.94
US$20.80
+9.9%
15.7%US$26.24US$13.58US$46.1013
Feb ’24US$18.95
US$20.97
+10.7%
15.9%US$25.36US$14.22US$40.6213
Jan ’24n/a
US$19.51
0%
16.3%US$24.03US$13.68n/a13
Dec ’23US$16.89
US$18.77
+11.1%
16.7%US$23.39US$13.31n/a13
Nov ’23US$13.26
US$17.16
+29.5%
20.5%US$25.65US$9.80US$23.1515

Analyst Forecast: Target price is less than 20% higher than the current share price.

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