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Advantest stock

6857.TJPX

Advantest Corporation, TechnologyISIN JP3122400009

$191.68▲ $3.91 (+2.1%)Closing price of 13 Nov 2026

81Score 81 out of 100, Strong

Turn on early warning

Price and trend

60 / 100

Price history

+48% in one year

The chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 4.2% above it.

Trend change

Since July 2025 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Normal: the price is neither overheated nor sold off (RSI 46).

Distance to the high

The price is 27% below its 52-week high. Largest decline in 20 years: 90% (December 2006 to January 2012).

Chart figures for advanced users
SMA 50$213.40
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$184.04
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)46
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDbelow the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$114.69
The lowest closing price of the last twelve months.
Resistance$262.06
The highest closing price of the last twelve months.
Market cap
$135.58B
Div. yield
0.26%
12 months
38.0
on reported earnings of the last twelve months
24.0
on earnings for the next twelve months ($7.82 per share)
Fair value
$156.82

Snapshot

Computed from the data by fixed rules, no AI

  • Advantest Corporation belongs to the Semiconductors industry (Japan) and, with a market value of $138.4B, is number 18 of 184 companies in its industry on MEQIRI.
  • In fiscal 2025 it reported revenue of $7.07B (up 44.7% year on year) and earnings of $2.35B (up 132.9%).
  • For fiscal 2026, analysts expect on average revenue of $11.57B (up 63.7%) and adjusted earnings per share of $6.38 (up 99.4%).
Show more
  • MEQIRI Score 81 out of 100 (Strong): rank 19 of 854 in Technology, median 61.
  • The P/E is 38.8 (Semiconductors median 39.8, own median of recent years 23.8).
  • Our model puts fair value at $156.82, with the price 20% above it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • High return on capitalReturn on invested capital 88.7% in fiscal 2025, Semiconductors median 6.5%.Profitability 99
  • Earnings per share growingUp 42.2% a year since 2020.Growth 100
  • Growing faster than its industryRevenue up 29.3% a year since 2020, Semiconductors median 17.6%.Growth 100

Weaknesses

  • Volatile share priceVolatility 74% a year over the last 12 months.
81/ 100
MEQIRI Score
Strong

Its standout strengths are growth and profitability, while valuation holds the score back.

Daily figure as of 13 Nov 2026

How the score is calculated

Score overview

Fundamentals are strong, with stable profits and strong cash generation.

Profit consistency100% of years
Cash conversion (free cash flow to earnings, 12 months)81%
ROIC (12 months)89.0%
Positive free cash flow100% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk not measured

How well MEQIRI warns

For stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.

Valuation

Valuation signal

Fairly valued
Price
$187.76
Fair value
$156.82
Gap to fair value
+20%

Closing price of 12 Nov 2026, used by the daily score.

In our model the price counts as cheap below $104.55 and expensive above $313.64 (uncertainty very high, based on the price swings of the past year).

The two parts of the fair value come to $116.74 (cash-flow model) and $196.89 (industry comparison), and the gap between them shows how uncertain the estimate is.

Calculated with a cost of equity of 10.2%. At 11.2% the fair value would be $150.24, at 9.2% it would be $165.06.

Valuation metrics

2.21
27.9
Fair value (model)
$156.82
Earnings part $196.89 (earnings per share $4.95 × 39.8)

Half from the cash-flow model, half from earnings times the industry P/E (39.8).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

20 years

In the twelve months to 30 Sep 2026, revenue rose 48.1% on the twelve months before. Revenue has grown solidly since 2006, at about 9% per year.

Margins

20 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 64%, operating 44%, net 33%. Last 12 months: net 40%.

Debt & balance sheet

latest quarter
0.09
> 100x
2.3
Cash & equivalents
$2.52B

The balance sheet is solid, with low debt and comfortable interest coverage.

Earnings

Next earnings
3 Feb 2027in 82 days
Last reported
28 Oct 2026EPS reported $1.68 (expected $1.31)above expectations

Analyst estimates

Analysts have raised their 2028 earnings estimate by 13.7% since 28 Oct 2026.

Fiscal 202721 analysts
Earnings per share
$6.38+9.1%
Revenue
$11.57B+5.2%
Fiscal 202822 analysts
Earnings per share
$8.68+13.7%
Revenue
$15.62B+9.8%

MEQIRI has stored the estimates since 28 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlook raised

Share price after the results: +8.7%

Advantest raised its SoC tester revenue outlook substantially versus July, expects more system shipments in Q3 and Q4 due to faster capacity expansion, and now also expects a higher annual margin plus market share gains in 2026 and 2027.

Supporting passage from the call, verbatim
“We expect to ship more systems in Q3, and then we expect to ship even higher systems than in Q4.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 28 Oct 2026 (fiscal Q2 2026), read by AI.

What happened at Advantest

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

854 rated companies in Technology

Rank 19 of 854
19/ 854
This company
81
Sector median
61

Categories against the sector median

ProfitabilityMedian of 854 companies99 (median 59)40 above the median
GrowthMedian of 854 companies100 (median 68)32 above the median
FundamentalsMedian of 854 companies92 (median 67)25 above the median
ValuationMedian of 784 companies with a value38 (median 52)14 below the median
StabilityMedian of 854 companies75 (median 67)8 above the median
Capital allocationMedian of 854 companies82 (median 53)29 above the median
Technical analysisMedian of 854 companies60 (median 58)2 above the median
MomentumMedian of 854 companies65 (median 54)11 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Semiconductors

The next larger and next smaller companies by market value

All 184 Semiconductors stocks

ETFs that hold Advantest

Held by 106 ETFs on Xetra. Shown per index: the ETF with the largest weight.

ETFWeightCostFund size
iShares Nikkei 225 UCITS ETF (DE)EXX710.99%0.51%€240.77M
UBS MSCI Japan Climate Paris Aligned UCITS ETF ir-hEUR accAW1Q6.78%0.15%€194.25M
Xtrackers MSCI Japan ESG UCITS ETF 1CXZMJ5.43%0.20%€2.71B
Show 5 more

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 13 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ¥159.70)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 30 Sep 2024)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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