Advantest (ATEYY) and Its Competitors Head to Head Comparison

Advantest (OTCMKTS:ATEYY) is one of 376 public companies in the “Electronic Equipment, Instruments & Components” industry, but how does it compare to its rivals? We will compare Advantest to similar companies based on the strength of its institutional ownership, earnings, analyst recommendations, dividends, risk, profitability and valuation.

Risk & Volatility

Advantest has a beta of 2.32, indicating that its share price is 132% more volatile than the S&P 500. Comparatively, Advantest’s rivals have a beta of -0.24, indicating that their average share price is 124% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current recommendations and price targets for Advantest and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Advantest	0	1	0	1	3.00
Advantest Competitors	2052	7633	10469	668	2.47

As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 34.55%. Given Advantest’s rivals higher probable upside, analysts plainly believe Advantest has less favorable growth aspects than its rivals.

Dividends

Advantest pays an annual dividend of $0.46 per share and has a dividend yield of 0.2%. Advantest pays out 9.2% of its earnings in the form of a dividend. As a group, “Electronic Equipment, Instruments & Components” companies pay a dividend yield of 1.9% and pay out 69.1% of their earnings in the form of a dividend.

Institutional & Insider Ownership

0.0% of Advantest shares are held by institutional investors. Comparatively, 43.5% of shares of all “Electronic Equipment, Instruments & Components” companies are held by institutional investors. 16.4% of shares of all “Electronic Equipment, Instruments & Components” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Advantest and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Advantest	$7.50 billion	$2.48 billion	37.42
Advantest Competitors	$4.06 billion	$173.71 million	4.02

Advantest has higher revenue and earnings than its rivals. Advantest is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Advantest and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Advantest	39.57%	67.22%	45.56%
Advantest Competitors	-139.38%	-23.97%	-6.40%

Summary

Advantest beats its rivals on 10 of the 15 factors compared.

Advantest Company Profile

Advantest Corporation is a Japanese technology company that develops and manufactures test equipment used in the semiconductor industry. Its systems help customers evaluate semiconductor devices during production, supporting quality control and the development of increasingly complex chips. The company’s offerings include automated test equipment for system-on-chip and memory devices, as well as handlers and related products that move and connect devices during testing. Advantest also provides test solutions for electronic components and services that support its equipment.