Advantest Corp
TSE:6857
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EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (47.9), the stock would be worth ¥22 403.68 (20% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 59.7 | ¥27 900 |
0%
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| 3-Year Average | 47.9 | ¥22 403.68 |
-20%
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| 5-Year Average | 25 | ¥11 667.78 |
-58%
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| Industry Average | 15.4 | ¥7 192.87 |
-74%
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| Country Average | 11.4 | ¥5 325.28 |
-81%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| JP |
|
Advantest Corp
TSE:6857
|
20.3T JPY | 59.7 | 70.2 | |
| NL |
|
ASML Holding NV
AEX:ASML
|
471.7B EUR | 33.4 | 46.2 | |
| US |
|
Lam Research Corp
NASDAQ:LRCX
|
323.5B USD | 45.1 | 52.1 | |
| US |
|
Applied Materials Inc
NASDAQ:AMAT
|
320.5B USD | 36.5 | 40.9 | |
| US |
|
KLA Corp
NASDAQ:KLAC
|
238.1B USD | 50 | 52.2 | |
| US |
B
|
Brooks Automation Inc
LSE:0HQ1
|
234.5B USD | 3 751.4 | -4 053.1 | |
| JP |
|
Tokyo Electron Ltd
TSE:8035
|
20.8T JPY | 40.8 | 41.4 | |
| US |
|
Teradyne Inc
NASDAQ:TER
|
62.6B USD | 92.5 | 112.9 | |
| CN |
|
NAURA Technology Group Co Ltd
SZSE:002371
|
346.3B CNY | 160 | 62.3 | |
| JP |
|
Disco Corp
TSE:6146
|
7.8T JPY | 76.3 | 59.5 | |
| NL |
|
ASM International NV
AEX:ASM
|
41.6B EUR | 38.3 | 57.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 8.2 |
| Median | 11.4 |
| 70th Percentile | 16.2 |
| Max | 277 515 327.6 |
Other Multiples
Advantest Corp
Glance View
In the bustling world of semiconductor production, Advantest Corp. has carved out a significant niche for itself as a leading provider of semiconductor test equipment. Founded in Japan’s capital, Tokyo, Advantest has risen to prominence by arming chip manufacturers with the essential tools required to ensure their products meet rigorous standards before reaching the market. The company's core business surrounds the design, production, and marketing of automatic test equipment (ATE) for semiconductors, which are indispensable in verifying the performance and reliability of integrated circuits. As the demand for electronics continues to surge globally, fueled by sectors such as mobile technology, automotive electronics, and data centers, Advantest’s role as a gatekeeper in semiconductor quality remains ever crucial. Advantest's financial model thrives on the backbone of innovation and cutting-edge technology. The firm invests heavily in research and development, continuously seeking advancements that will speed up testing times and reduce costs, thereby providing a competitive edge to their clients in the semiconductor industry. Revenue streams primarily flow from the sale of these advanced testing machines, which are crucial for tech giants as they race to shrink chip sizes while increasing computing power. With its global presence, Advantest not only supplies these high-tech tools but also offers associated services and support, further solidifying its relationships within the intricate semiconductor supply chain, ensuring that as technology evolves, so does their foothold in the marketplace.