Advantest Corporation (ATEYY) Stock

About Advantest Corporation

Advantest Corporation, a Japanese entity founded in Tokyo in 1954, specializes in the development and distribution of semiconductor and component testing equipment, alongside various mechatronics solutions. Its operations are broadly categorized into three core divisions: Semiconductor and Component Test Systems, Mechatronics Systems, and Services, Support & Other. The Semiconductor and Component Test Systems division provides advanced testing machinery tailored for both the semiconductor and electronic parts sectors, including specialized systems for System-on-Chip (SoC) and memory semiconductor devices. Under the Mechatronics Systems division, Advantest produces test handlers, mechatronic devices designed for the precise handling of semiconductor devices, and essential device interfaces crucial for measurement. This segment also engages in initiatives related to nano-technology. The Services, Support & Other division delivers comprehensive client solutions and robust support for the company's test systems and mechatronics product lines. Additionally, this segment manages the sale of consumables, pre-owned equipment, and an equipment leasing business. Advantest actively invests in research and development, continuously advancing measuring and testing methodologies. The company serves a diverse global clientele, which includes fabless semiconductor firms, foundries, and specialized test houses, as well as industrial, design, and manufacturing enterprises across Japan, the broader Asian region, the United States, and Europe. Furthermore, Advantest has established strategic alliances, notably with STMicroelectronics for the creation of advanced automated test cells for IC testing, and a partnership with PDF Solutions Inc. focused on cloud-based software solutions.

Advantest Corporation is headquartered in JP.

Advantest Corporation (ATEYY) stock trades at $211.70 with a market capitalization of $153.26B. The stock is valued at a price-to-earnings (P/E) ratio of 54.10, price-to-book of 23.80, price-to-sales of 20.13. Over the past 52 weeks the stock has ranged between $69.87 and $222.45, and currently trades 4.8% below its 52-week high. It pays a dividend yielding 0.18%.

On profitability, Advantest Corporation generates a return on equity (ROE) of 58.91% — well above the market average, a sign of a high-quality business, return on capital employed of 47.83%, an operating margin of 45.82%, a net profit margin of 37.32%.

In its most recent fiscal year, Advantest Corporation reported annual revenue of $1.20T, net profit of $398.0B, revenue has compounded at 30.8% a year over the last five years, profit at 41.7% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.10 — a conservative balance sheet with little leverage risk, a current ratio of 2.67, total assets of $1.18T, $341.4B in cash and equivalents.

ATEYY has an average daily trading volume of 129,789 shares, a beta of 1.19.

Official website: www.advantest.com