Aehr Test Systems, Inc. (AEHR)

NASDAQ: AEHR · USD

$64.6

+0.61 (+0.9%)· Recorded snapshot

Market cap	2.1B
Revenue (ttm)	50M
Net income (ttm)	-7.1M
EPS (ttm)	-$0.23
Shares out	32.6M
P/E (forward)	83.8x
Volume	1,479,224
Beta	3.48

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 50M
Net income (ttm): -7.1M
EPS (ttm): -$0.23
P/E (forward): 83.8x
Market cap: 2.1B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E83.8

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-4.2

P25 n/aP50 n/aP75 n/a

ROIC-12.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All AEHR indicators

Market & fundamental data

Available fields

230

Groups with data

Currency

USD

Showing 230 of 230 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001040470
Company name	Aehr Test Systems, Inc.
Country	United States
Country code	US
CUSIP number	00760J108
Earnings date	2026-11-02
Earnings time	amc
Employees	138
Employees change	2
Employees growth	1.47%
Enterprise value	$2B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-05-29
First seen	2026-05-09
Fiscal year end	May
Founded	1977
In index	RUSSELL2000
Industry	Semiconductor Equipment & Materials
IPO date	1997-08-14
Is primary listing	Yes
Is SPAC	No
ISIN number	US00760J1088
Last 10-K release date	2026-07-27
Last earnings date	2026-07-14
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$2.1B
Market cap category	Mid-Cap
Next earnings date	2026-11-02
Options	Yes
Price	$64.56
Price currency	USD
Sector	Technology
SIC code	3825
Stock price date	2026-10-28
Symbol	AEHR
U.S. state	California
Website	https://www.aehr.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	2,152x
Average P/E ratio (5Y)	66.44x
Earnings yield	-0.36%
EV/Sales	39.57x
FCF / EV yield	-0.27%
FCF yield	-0.26%
Forward EV/Sales	14.37x
Forward P/E	83.75x
Forward P/S	15.14x
Industry forward P/E	25.21x
Industry P/E	39.56x
P/B ratio	9.46x
P/S ratio	41.69x
PEG ratio	0.44x
Price / tangible book value	10.46x
Sector forward P/E	18.55x
Sector P/E	32.64x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	-28.29%
EBITDA margin	-22.69%
Gross margin	35.3%
Operating margin	-28.29%
Pretax margin	-23.47%
Profit margin	-14.25%
Profit per employee	$-51,638
Profitable quarters	1
Revenue per employee	$362,326
ROA	-4.47%
ROA (5Y)	4.24%
ROCE	-6.18%
ROE	-4.16%
ROE (5Y)	16.24%
ROIC	-12.58%
ROIC (5Y)	19.78%
SBC / revenue	13.52%
Tax / revenue	-9.22%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth quarters	1
EPS growth years	0
Gross profit growth	-26.25%
Gross profit growth (Q)	87.71%
Gross profit growth 3Y	-18.62%
Gross profit growth 5Y	23.95%
Net income growth quarters	1
Net income growth years	0
Revenue growth	-15.21%
Revenue growth (Q)	33.69%
Revenue growth (QoQ)	82.63%
Revenue growth 10Y	13.18%
Revenue growth 3Y	-8.36%
Revenue growth 5Y	24.67%
Revenue growth quarters	1
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-2.1M
Depreciation and amortization	$2.8M
EBIT	$-14.1M
EBITDA	$-11.3M
EPS	$-0.23
FCF per share	$-0.16
Financing cash flow	$97.2M
Free cash flow	$-5.4M
Free cash flow minus SBC	$-12.1M
Gross profit	$17.7M
Income taxes	$-4.6M
Investing cash flow	$-3.9M
Net cash flow	$90M
Net income	$-7.1M
Operating cash flow minus SBC	$-10.1M
Operating income	$-14.1M
Revenue	$50M
Stock-based compensation	$6.8M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	23.98
Book value per share	$6.76
Debt / equity	0.05
Goodwill	$10.7M
Long-term assets	$62.2M
Long-term liabilities	$9.3M
Net cash (debt)	$106.5M
Net cash / market cap	5.11%
Net cash growth	677.25%
Net debt / equity	-0.49
Piotroski F-Score	2
Property, plant and equipment	$17.8M
Shareholders' equity	$219.5M
Tangible book value	$199.2M
Tangible book value per share	$6.13
Total assets	$246.7M
Total cash	$116.4M
Total debt	$9.9M
Total liabilities	$27.2M
WACC	23.3%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.25
Current assets	$184.4M
Current liabilities	$17.9M
Current ratio	10.33
Inventory turnover	0.78
Net working capital	$50.9M
Quick ratio	7.6
Working capital	$166.6M
Working capital turnover	0.42

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-3.68%
Dividend yield	0%
Shareholder yield	-3.68%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	1,923.82%
10Y return CAGR	35.09%
10Y total return	1,923.82%
150-day SMA	$87.81
15Y price change	6,695.79%
15Y return CAGR	32.48%
15Y total return	6,695.79%
1D price change	0.95%
1M price change	-38.16%
1M total return	-38.16%
1W price change	4.15%
1W total return	4.15%
1Y price change	156.8%
1Y return CAGR	156.97%
1Y total return	156.8%
20-day SMA	$75.44
200-day SMA	$74.09
20Y price change	963.59%
20Y return CAGR	12.55%
20Y total return	963.59%
3M price change	-16.68%
3M total return	-16.68%
3Y price change	116.72%
3Y return CAGR	29.4%
3Y total return	116.72%
50-day SMA	$85.63
50-day SMA vs 200-day SMA	50over200
52-week high	$147.40
52-week high date	2026-08-14
52-week low	$18.70
52-week low date	2025-11-21
5Y price change	232.96%
5Y return CAGR	27.2%
5Y total return	232.96%
6M price change	-27.03%
6M total return	-27.03%
All-time high	$147.40
All-time high date	2026-08-14
All-time low	$0.40
All-time low date	2011-11-22
Average true range (ATR)	$7.09
Average volume	2.6M
Beta (1Y)	4.82
Beta (2Y)	2.92
Beta (5Y)	3.48
Change from 52-week high	-56.2%
Change from 52-week low	245.24%
Change from all-time high	-56.2%
Change from all-time low	16,040%
Change from open	-0.02%
Day's gap	0.97%
Dollar volume	$95.5M
High price	$65.00
Low price	$62.35
Monthly RSI	56.63
Open price	$64.57
Position in 52-week range	83.4%
Premarket change	1.3%
Premarket close	$63.95
Premarket price	$64.78
Premarket volume	94.6K
Previous close	$63.95
Price vs 150-day SMA	-26.47%
Price vs 20-day SMA	-14.42%
Price vs 200-day SMA	-12.86%
Price vs 50-day SMA	-24.6%
Relative volume	0.56
RSI	39.12
Sharpe ratio	1.33
Sharpe ratio (3Y)	0.71
Sharpe ratio (5Y)	0.69
Sortino ratio	2.25
Sortino ratio (3Y)	1.2
Sortino ratio (5Y)	1.16
Volume	1.5M
Weekly RSI	45
YTD price change	219.76%
YTD total return	219.76%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	31.2M
Float percentage	95.75%
Shares change (QoQ)	8.06%
Shares change (YoY)	3.68%
Shares held by insiders	4.25%
Shares held by institutions	75.76%
Shares outstanding	32.6M
Short % of float	16.71%
Short % of shares	16%
Short ratio	1.9 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	338

Deeper analysis on AEHR

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this AEHR report

Is a complete AEHR research report available?

No complete published report is available for Aehr Test Systems, Inc. (AEHR) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Aehr Test Systems, Inc. (AEHR)

Price

Financial snapshot

Fair-value bridge

Latest news · AEHR

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All AEHR indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on AEHR

Frequently asked questions