To the full analysis
Buyback calculator for Advantest
Advantest stock: key metrics
6857.TAdvantest had an operating margin of 44% and a return on invested capital (ROIC) of 88.7% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 53.7% | 24.2% | 15.1% |
| 2007 | 51.4% | 12.5% | 9.1% |
| 2008 | 25.9% | −46.5% | −97.7% |
| 2009 | 48.7% | −21.9% | −21.5% |
| 2010 | 48.6% | 6.1% | 3.2% |
| 2011 | 48.7% | 2.1% | −1.6% |
| 2012 | 51.9% | 0.1% | −2.9% |
| 2013 | 44.1% | −8.8% | −31.8% |
| 2014 | 55.4% | 10.3% | 7.9% |
| 2015 | 56.4% | 7.8% | 4.1% |
| 2016 | 57.6% | 8.9% | 9.1% |
| 2017 | 51.4% | 11.8% | 8.7% |
| 2018 | 54.5% | 22.9% | 20.2% |
| 2019 | 56.7% | 21.3% | 19.4% |
| 2020 | 53.8% | 22.6% | 22.3% |
| 2021 | 56.6% | 27.5% | 20.9% |
| 2022 | 57.0% | 29.8% | 23.3% |
| 2023 | 50.6% | 18.0% | 12.8% |
| 2024 | 57.1% | 29.3% | 20.7% |
| 2025 | 64.3% | 44.0% | 33.3% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 12.1% | 33.7% | 9.7% |
| 2007 | 6.5% | 15.7% | 5.6% |
| 2008 | −45.8% | −40.4% | −37.1% |
| 2009 | −7.6% | −24.1% | −6.1% |
| 2010 | 2.3% | 7.5% | 1.8% |
| 2011 | −1.7% | 3.2% | −1.0% |
| 2012 | −2.7% | 0.1% | −1.7% |
| 2013 | −30.6% | −6.9% | −15.5% |
| 2014 | 9.2% | 12.0% | 4.7% |
| 2015 | 7.2% | 13.1% | 3.2% |
| 2016 | 13.0% | 7.0% | 6.1% |
| 2017 | 14.5% | 51.8% | 7.1% |
| 2018 | 28.7% | 86.1% | 18.7% |
| 2019 | 23.1% | 55.4% | 15.0% |
| 2020 | 24.9% | 54.8% | 16.5% |
| 2021 | 29.6% | 47.2% | 17.6% |
| 2022 | 35.4% | 45.8% | 21.7% |
| 2023 | 14.4% | 18.6% | 9.3% |
| 2024 | 31.8% | 43.3% | 18.9% |
| 2025 | 47.2% | 88.7% | 32.0% |
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.
