Advantest Corporation
6857.TTechnologyTSESemiconductor Equipment & Materials
Scan Results
Daily timeframeAdvantest Corporation, together with its subsidiaries, manufactures and sells semiconductors, component test systems, and mechatronics-related products in Japan, rest of Asia, the Americas, and Europe. With a market capitalization of $20.09T, it sits in mega-cap territory. The company offers automated test equipment, including system on chip, power device, and memory test systems, as well as burn-in and SSD test systems; and metrology and SEM tools.
Market Cap
$20.09T
Beta
1.20
P/E (TTM)
53.97
P/E (Fwd)
116.52
EPS (TTM)
$513.24
EPS (Fwd)
$237.73
ROE
57.6%
ROA
30.8%
Cash
$339.97B
Total Debt
$20.19B
Free CF
$240.92B
52W Change
254.9%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $339.97B in cash comfortably exceeding the $20.19B debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Annual free cash flow of $240.92B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 57.6% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 30.8% further supports the picture of efficient asset utilization. Revenue has grown from $416.90B (2022) to $779.71B (2025), reflecting a 87% increase over the period.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. At over 50x earnings, 6857.T carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. No single metric tells the full story. Reviewing 6857.T's risk profile alongside its fundamentals and technical indicators provides a more complete picture.