Advantest Corp. (DE:VAN)
FRANKFURT:VAN
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€47.23 - €170.46
Previous CloseN/A
Volume401.00
Average Volume (3M)198.00
Market Cap
€101.03B
Enterprise Value€18.67T
Total Cash (Recent Filing)€339.97B
Total Debt (Recent Filing)€20.19B
Price to Earnings (P/E)51.8
Beta0.92
Next Earnings
Jul 29, 2026EPS Estimate
0.84Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)515.12
Shares Outstanding732,000,000
10 Day Avg. Volume275
30 Day Avg. Volume198
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)18.62
Price to Sales (P/S)13.13
P/FCF Ratio49.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€183.37Price Target Upside20.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)3.72
Revenue Forecast (FY)€7.94B
Bulls Say, Bears Say
Bulls Say
Balance-sheet StrengthSubstantially lower debt and materially higher equity create durable financial flexibility. Low leverage reduces refinancing and solvency risk during semiconductor downcycles, enabling continued R&D, capex timing control, and support for customers without forcing distressed asset sales.
Strong Cash GenerationHigh absolute operating and free cash flow provide a steady funding source for capex, consumables inventory, and service expansion. Robust FCF supports reinvestment and shareholder returns and cushions the business through lumpy capital-equipment purchasing cycles.
Structural Demand For ATE And ServicesAn installed-base model combining capital equipment plus recurring consumables, service and software produces durable revenue layers. Exposure to logic, memory and advanced device ramps aligns revenue with secular semiconductor scaling and advanced-node testing needs.
Bears Say
High Industry CyclicalityRevenue and order flows depend on capital spending cycles and device ramps. Because ATE sales are lumpy and tied to customer capex timing, downturns can rapidly compress orders, underutilize installed capacity, and amplify margin and cash-flow deterioration over multi-quarter periods.
Volatile Cash ConversionLarge swings in cash conversion complicate forecasting and capital allocation. Working-capital and timing effects can reverse cash generation quickly, reducing the predictability of buybacks, dividends or capex and increasing funding risk if a cyclical slowdown coincides with higher investment.
Margin And Returns VisibilityMargin outcomes have shown cycle sensitivity and are not fully steady. Rapid asset and revenue scaling risks diluting returns if demand softens, making operating margins and ROIC vulnerable in a downturn and reducing long-term earnings visibility for investors.
Advantest News
VAN FAQ
What was Advantest Corp.’s price range in the past 12 months?
Advantest Corp. lowest stock price was €47.23 and its highest was €170.46 in the past 12 months.
What is Advantest Corp.’s market cap?
Advantest Corp.’s market cap is €101.03B.
When is Advantest Corp.’s upcoming earnings report date?
Advantest Corp.’s upcoming earnings report date is Jul 29, 2026 which is in 50 days.
How were Advantest Corp.’s earnings last quarter?
Advantest Corp. released its earnings results on Apr 27, 2026. The company reported €0.944 earnings per share for the quarter, beating the consensus estimate of €0.765 by €0.179.
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 0.84.
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 €0.944 in its last earnings report, beating expectations of €0.765. Following the earnings report the stock price went down -1.051%.
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 is a leading provider of advanced testing equipment for semiconductors and electronic components, in addition to mechatronics-based solutions. The company's operations are divided into three primary divisions: Semiconductor and Component Test System, Mechatronics System, and Services, Support, and Other. The Semiconductor and Component Test System segment focuses on delivering sophisticated testing apparatus for both the semiconductor and broader electronic parts sectors, including specialized systems for System-on-Chip (SoC) and memory semiconductor devices. Within the Mechatronics System segment, Advantest develops and supplies crucial products like test handlers, various mechatronic applications for semiconductor handling, and device interfaces, alongside its engagement in nanotechnology products. The Services, Support, and Other segment is responsible for offering comprehensive customer solutions and support for the other two divisions, managing the sale of consumables and pre-owned equipment, and providing equipment leasing services. Furthermore, the company dedicates significant resources to research and development in cutting-edge measurement and testing technologies. Advantest serves a diverse global clientele, encompassing fabless semiconductor firms, foundries, test houses, and a range of industrial, design, and manufacturing companies throughout Japan, the wider Asian region, the United States, and Europe. Noteworthy collaborations include a partnership with STMicroelectronics for advanced automated IC test cells and an alliance with PDF Solutions Inc. for cloud-based software offerings. Established in 1954, Advantest maintains its corporate headquarters in Tokyo, Japan.
VAN Company Deck
VAN Earnings Call
Q4 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
€183.37
▲(20.64% Upside)
Technical Analysis
Options Prices
Currently, No data available
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