Comparing Intchains Group (NASDAQ:ICG) & Advantest (OTCMKTS:ATEYY)

Intchains Group (NASDAQ:ICG) and Advantest (OTCMKTS:ATEYY) are both business services companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, dividends, risk, profitability and earnings.

Insider and Institutional Ownership

0.0% of Advantest shares are held by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and price targets for Intchains Group and Advantest, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Intchains Group	0	0	1	0	3.00
Advantest	0	0	0	1	4.00

Intchains Group presently has a consensus price target of $11.00, indicating a potential upside of 169.94%. Given Intchains Group’s higher probable upside, equities research analysts clearly believe Intchains Group is more favorable than Advantest.

Volatility and Risk

Intchains Group has a beta of 1.35, indicating that its share price is 35% more volatile than the S&P 500. Comparatively, Advantest has a beta of 1.34, indicating that its share price is 34% more volatile than the S&P 500.

Earnings and Valuation

This table compares Intchains Group and Advantest”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Intchains Group	$281.77 million	0.87	-$3.78 million	$0.12	33.96
Advantest	$3.37 billion	11.85	$429.80 million	$1.22	44.34

Advantest has higher revenue and earnings than Intchains Group. Intchains Group is trading at a lower price-to-earnings ratio than Advantest, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Intchains Group and Advantest’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Intchains Group	19.08%	4.77%	4.53%
Advantest	19.95%	29.15%	18.39%

Summary

Advantest beats Intchains Group on 11 of the 14 factors compared between the two stocks.

About Intchains Group

Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.

About Advantest

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others. The Semiconductor and Component Test System segment provides customers with test system products for the semiconductor industry and the electronic parts industry, as well as offers test systems for SoC semiconductor devices, and test systems for memory semiconductors devices. The Mechatronics Related Business segment provides test handlers; mechatronic-applied products for handling semiconductor devices; and device interfaces, which serve as interfaces with the devices that are measured, as well as nano-technology related products. The Services, Support and Others segment provides test solutions of system level testing customer solutions for the semiconductor and modules, and support services. This segment is also involved in the sale of consumables and used products, and equipment lease and other businesses. It also engages in the research and development activities and provides maintenance and support services. The company was incorporated in 1946 and is headquartered in Tokyo, Japan.