ADTTF (Advantest) EV-to-FCF: 61.66 (As of Jul. 14, 2026) — 125% Above Median

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Director of Data and Quant Analytics at GuruFocus
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ADTTF Advantest Corp ADTTF
87 GF Score
Price $175.55
GF Value $102.18
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Advantest EV-to-FCF?

Advantest ADTTF -5.11% 87 EV-to-FCF is 61.66 as of Jul. 14, 2026, which is 125% above its 10-year median of 27.43. GuruFocus rates ADTTF with a GF Score™ of 87/100 and a GF Value™ of $102.18 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 503 Semiconductors companies, Advantest ranks worse than 60.64% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Advantest's Enterprise Value is $120,548 Mil. Advantest's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,955 Mil. Therefore, Advantest's EV-to-FCF for today is 61.66.

The historical rank and industry rank for Advantest's EV-to-FCF or its related term are showing as below:

ADTTF' s EV-to-FCF Range Over the Past 10 Years
Min: -13613.23   Med: 27.43   Max: 391.47
Current: 61.66

During the past 13 years, the highest EV-to-FCF of Advantest was 391.47. The lowest was -13613.23. And the median was 27.43.

ADTTF's EV-to-FCF is ranked worse than
60.64% of 503 companies
in the Semiconductors industry
Industry Median: 46.13 vs ADTTF: 61.66

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-14), Advantest's stock price is $175.55. Advantest's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $3.384. Therefore, Advantest's PE Ratio (TTM) for today is 51.88.


Advantest  (OTCPK:ADTTF) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=175.55/3.384
=51.88

Advantest's share price for today is $175.55.
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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Advantest EV-to-FCF Related Terms


Advantest EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Advantest's EV-to-FCF 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.

Advantest EV-to-FCF Chart

Advantest Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.06 47.29 412.68 17.18 48.24

Advantest Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.18 26.82 34.58 46.47 48.24

ADTTF vs AMAT, LRCX, KLAC: EV-to-FCF Comparison

For the Semiconductor Equipment & Materials subindustry, Advantest's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Advantest's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Advantest's EV-to-FCF falls into.


ADTTF
87GF Score
Advantest Corp ADTTF
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advantest EV-to-FCF Calculation

Advantest's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=120548.378/1955.158
=61.66

Advantest's current Enterprise Value is $120,548 Mil.
Advantest's Free Cash Flow 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 $1,955 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 61.66 mean?
Advantest (ADTTF) has a EV-to-FCF of 61.66 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Advantest and its competitors. This is 125% above median its historical median of 27.43. According to the industry distribution chart, Advantest ranks #305 out of 503 companies in the Semiconductors industry, placing it in the top 60.6%.
Is Advantest's EV-to-FCF too high?
Advantest's current EV-to-FCF of 61.66 is 125% above median its 10-year median of 27.43. The Semiconductors industry median EV-to-FCF is 46.13. Advantest's value of 61.66 is 33.7% above this industry median. Based on the distribution chart, Advantest ranks #305 out of 503 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-FCF compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advantest ranks #305 out of 503 companies for EV-to-FCF. This places Advantest in the lower half of its industry. The industry median EV-to-FCF is 46.13. Advantest's value of 61.66 is 33.7% above this benchmark. While the company's 10-year median is 27.43 vs. the industry median of 46.13, 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-FCF for a Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 46.13, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advantest's current EV-to-FCF of 61.66 is 33.7% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Advantest and its competitors. For the Semiconductors industry, the median EV-to-FCF is 46.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advantest's current EV-to-FCF is 61.66, which is 125% above median its own 10-year median of 27.43. 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 (ADTTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $102.18, compared to a current price of $175.55 — trading 71.8% above its estimated fair value. The current EV-to-FCF is 61.66, which is 125% above median its 10-year median of 27.43 and 33.7% above the Semiconductors industry median of 46.13. Advantest's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Advantest (ADTTF), the current EV-to-FCF is 61.66 as of Jul. 14, 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 (ADTTF) Overvalued in 2026?

Based on GuruFocus' analysis, Advantest stock appears to be overvalued. The current stock price of $175.55 is trading 71.8% above its estimated GF Value™ of $102.18. GuruFocus considers Advantest to be Significantly Overvalued.

Key valuation signals for ADTTF:

  • EV-to-FCF: 61.66 (125% above median its 10-year median of 27.43)
  • GF Value™: $102.18 vs. price of $175.55 (71.8% above fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 33.7% above the Semiconductors median (#305 of 503)

No single metric tells the full story. See the ADTTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advantest Business Description

Address 1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005
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

Get the complete analysis for ADTTF

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$175.55
Price
$102.18
GF Value