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AdvantestATEYY -7.02%87 EV-to-EBITDA is 34.85 as of Jul. 16, 2026, which is 108% above its 10-year median of 16.77. GuruFocus rates ATEYY with a GF Score™ of 87/100 and a GF Value™ of $95.19 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 748 Semiconductors companies, Advantest ranks worse than 62.17% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Advantest's enterprise value is $124,865 Mil.
Advantest's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $3,583 Mil. Therefore, Advantest's EV-to-EBITDA for today is 34.85.
The historical rank and industry rank for Advantest's EV-to-EBITDA or its related term are showing as below:
ATEYY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.07 Med: 16.77 Max: 44.82
Current: 34.85
During the past 13 years, the highest EV-to-EBITDA of Advantest was 44.82. The lowest was 4.07. And the median was 16.77.
ATEYY's EV-to-EBITDA is ranked worse than 62.17% of 748
companies
in the Semiconductors industry
Industry Median: 27.68
vs ATEYY: 34.85
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Advantest (OTCPK:ATEYY) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Advantest's share price for today is $175.1979.
Advantest's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.384.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Advantest's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ATEYY vs AMAT, LRCX, KLAC: EV-to-EBITDA Comparison
For the Semiconductor Equipment & Materials subindustry, Advantest's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Advantest EV-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advantest's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Advantest's EV-to-EBITDA falls into.
Advantest's current Enterprise Value is $124,865 Mil.
Advantest's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,583 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Advantest (ATEYY) has a EV-to-EBITDA of 34.85 as of Jul. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Advantest. This is 108% above median its historical median of 16.77. Over the past decade, Advantest's EV-to-EBITDA has ranged from 4.07 to 44.82. According to the industry distribution chart, Advantest ranks #465 out of 748 companies in the Semiconductors industry, placing it in the top 62.2%.
Is Advantest's EV-to-EBITDA too high?
Advantest's current EV-to-EBITDA of 34.85 is 108% above median its 10-year median of 16.77. Over the past 10 years, this metric has ranged from a low of 4.07 to a high of 44.82. The Semiconductors industry median EV-to-EBITDA is 27.68. Advantest's value of 34.85 is 25.9% above this industry median. Based on the distribution chart, Advantest ranks #465 out of 748 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Advantest has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advantest's EV-to-EBITDA compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advantest ranks #465 out of 748 companies for EV-to-EBITDA. This places Advantest in the lower half of its industry. The industry median EV-to-EBITDA is 27.68. Advantest's value of 34.85 is 25.9% above this benchmark. Historically, Advantest's own EV-to-EBITDA has ranged from 4.07 to 44.82 over the past decade. While the company's 10-year median is 16.77 vs. the industry median of 27.68, Advantest has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 27.68, based on 748 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advantest's current EV-to-EBITDA of 34.85 is 25.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Advantest. For the Semiconductors industry, the median EV-to-EBITDA is 27.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advantest's current EV-to-EBITDA is 34.85, which is 108% above median its own 10-year median of 16.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantest stock overvalued right now?
Based on GuruFocus' analysis, Advantest (ATEYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $95.19, compared to a current price of $175.20 — trading 84.1% above its estimated fair value. The current EV-to-EBITDA is 34.85, which is 108% above median its 10-year median of 16.77 and 25.9% above the Semiconductors industry median of 27.68. Advantest's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Advantest (ATEYY), the current EV-to-EBITDA is 34.85 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Advantest (ATEYY) Overvalued in 2026?
Based on GuruFocus' analysis, Advantest stock appears to be overvalued.
The current stock price of $175.20 is trading 84.1% above its estimated GF Value™ of $95.19.
GuruFocus considers Advantest to be Significantly Overvalued.
Key valuation signals for ATEYY:
EV-to-EBITDA: 34.85 (108% above median its 10-year median of 16.77)
GF Value™: $95.19 vs. price of $175.20 (84.1% above fair value)
Industry Position: 25.9% above the Semiconductors median (#465 of 748)
No single metric tells the full story. See the ATEYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
87GF Score
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