Advantest Valuation Multiples

Advantest Overview

About Advantest

Founded in 1954 and headquartered in Tokyo, Advantest specializes in semiconductor test systems and is a well-known leader in automated test equipment, or ATE. Advantest also has a high market share in test systems for nonmemory semiconductors, including application processors for mobile phones. The company is also involved in peripheral businesses, such as semiconductor device transport equipment. Following its acquisition of Verigy in July 2011, Advantest holds a market share of over 50% in the ATE market.

Founded

1954

HQ

Employees

7.6K

Website

advantest.com

Sectors

SemiconductorsComputer HardwareDeepTech

Financials (LTM)

Revenue: $7B

EBITDA: $3B

EV

$112B

Valuation Multiples

Multiples.vc

Start free trial

Advantest Financials

Advantest reported last 12-month revenue of $7B and EBITDA of $3B.

In the same LTM period, Advantest generated $4B in gross profit, $3B in EBITDA, and $2B in net income.

Advantest P&L

In the most recent fiscal year, Advantest reported revenue of $5B and EBITDA of $2B.

Advantest expects next 12-month revenue of XXX and NTM EBITDA of XXX

Advantest Stock Performance

Advantest has current market cap of $114B, and enterprise value of $112B.

Advantest's stock price is $157.06.

Advantest Valuation Multiples

Advantest trades at 16.4x EV/Revenue multiple, and 36.2x EV/EBITDA.

Advantest Financial Valuation Multiples

As of April 11, 2026, Advantest has market cap of $114B and EV of $112B.

Equity research analysts estimate Advantest's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Advantest has a P/E ratio of 53.0x.

Advantest Margins & Growth Rates

Advantest's revenue in the last 12 month grew by 30%.

Advantest's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.2M for the same period.

Advantest's rule of 40 is 80% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Advantest's rule of X is 128% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Advantest Public Comps

See public comps and valuation multiples for other Semiconductors and Computer Hardware comps.

Advantest M&A Activity

Advantest acquired XXX companies to date.

Last acquisition by Advantest was on XXXXXXXX, XXXXX. Advantest acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Advantest Investment Activity

Advantest invested in XXX companies to date.

Advantest made its latest investment on XXXXXXXX, XXXXX. Advantest invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).