Advantest Corp.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: JP3122400009
JPY
21,040.00
785 (3.88%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Lasertec Corp.
Nissan Chemical Corp.
Advantest Corp.
Dexerials Corp.
Amano Corp.
Azbil Corp.
KEYENCE Corp.
Yokogawa Electric Corp.
Nitto Denko Corp.
ULVAC, Inc.
Toshiba Tec Corp.
Why is Advantest Corp. ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 27.23%
  • Healthy long term growth as Net Sales has grown by an annual rate of 23.09% and Operating profit at 33.56%
  • Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 56.89
2
With a growth in Net Profit of 277.75%, the company declared Very Positive results in Jun 25
  • The company has declared positive results for the last 4 consecutive quarters
  • OPERATING CASH FLOW(Y) Highest at JPY 305,142 MM
  • PRE-TAX PROFIT(Q) At JPY 121,357 MM has Grown at 280.07%
  • ROCE(HY) Highest at 44.12%
3
Market Beating performance in long term as well as near term
  • Along with generating 148.17% returns in the last 1 year, the stock has outperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report
Verdict Report
How much should you buy?
  1. Overall Portfolio exposure to Advantest Corp. should be less than 10%
  2. Overall Portfolio exposure to Electronics & Appliances should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Advantest Corp. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Advantest Corp.
148.17%
1167.75
67.27%
Japan Nikkei 225
28.54%
1.11
25.75%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
23.09%
EBIT Growth (5y)
33.56%
EBIT to Interest (avg)
56.89
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.36
Sales to Capital Employed (avg)
1.16
Tax Ratio
28.29%
Dividend Payout Ratio
17.83%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
50.31%
ROE (avg)
27.23%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
37
Industry P/E
Price to Book Value
11.73
EV to EBIT
23.07
EV to EBITDA
20.81
EV to Capital Employed
17.78
EV to Sales
7.39
PEG Ratio
0.23
Dividend Yield
NA
ROCE (Latest)
77.07%
ROE (Latest)
31.82%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

44What is working for the Company
OPERATING CASH FLOW(Y)

Highest at JPY 305,142 MM

PRE-TAX PROFIT(Q)

At JPY 121,357 MM has Grown at 280.07%

ROCE(HY)

Highest at 44.12%

NET SALES(Q)

Highest at JPY 263,776 MM

OPERATING PROFIT(Q)

Highest at JPY 127,236 MM

RAW MATERIAL COST(Y)

Fallen by -17.69% (YoY

CASH AND EQV(HY)

Highest at JPY 535,958 MM

DEBT-EQUITY RATIO (HY)

Lowest at -31.63 %

INVENTORY TURNOVER RATIO(HY)

Highest at 1.71%

DEBTORS TURNOVER RATIO(HY)

Highest at 7.98%

OPERATING PROFIT MARGIN(Q)

Highest at 48.24 %

NET PROFIT(Q)

Highest at JPY 90,180 MM

EPS(Q)

Highest at JPY 122.8

-11What is not working for the Company
INTEREST(Q)

Highest at JPY 3,288 MM

Here's what is working for Advantest Corp.
Net Sales
At JPY 263,776 MM has Grown at 90.14%
Year on Year (YoY)
MOJO Watch
Near term sales trend is extremely positive

Net Sales (JPY MM)

Pre-Tax Profit
At JPY 121,357 MM has Grown at 280.07%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (JPY MM)

Net Profit
At JPY 90,180 MM has Grown at 277.75%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (JPY MM)

Operating Cash Flow
Highest at JPY 305,142 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (JPY MM)

Net Sales
Highest at JPY 263,776 MM and Grown
In each period in the last five periods
MOJO Watch
Near term sales trend is very positive

Net Sales (JPY MM)

Operating Profit
Highest at JPY 127,236 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Operating Profit trend is quite positive

Operating Profit (JPY MM)

Operating Profit Margin
Highest at 48.24 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit
Highest at JPY 121,357 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (JPY MM)

Net Profit
Highest at JPY 90,180 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (JPY MM)

EPS
Highest at JPY 122.8
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (JPY)

Cash and Eqv
Highest at JPY 535,958 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio
Lowest at -31.63 %
in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Inventory Turnover Ratio
Highest at 1.71%
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 7.98%
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost
Fallen by -17.69% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Advantest Corp.
Interest
At JPY 3,288 MM has Grown at 10.37%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)

Interest
Highest at JPY 3,288 MM
in the last five periods and Increased by 10.37% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (JPY MM)