Skip to content
Company Analysis

Aehr Test Systems AEHR

A comprehensive view of key metrics, scores, and financial health for Aehr Test Systems

Overview of Aehr Test Systems, Inc.

AEHR NCM
Technology Semiconductor Equipment & Materials Small Cap
Aehr Test Systems, Inc. (AEHR), is a Small Cap company, in the Semiconductor Equipment & Materials industry, last closed at $35.67, about 88.9% overvalued vs fair value, +265.1% 1Y return, ranked 312/761 in sector.
$35.67
-5.26%
As of March 13, 2026
Previous close • Vol 90d: 106.6%
52-Week Range
Market Cap
$1.09B
Enterprise Value
$1.07B
Overall Score
Scores locked

Create a free account to see overall and pillar scores for Aehr Test Systems.

Top Beats

Quick Facts

Website https://www.aehr.com
HQ Fremont, CA
Employees 136
Fiscal year May 31

Next Events

Earnings Apr 7 Estimated

Fair Value Snapshot

Bear Base Bull
$3
$4
$5
Current: $35.67 -89% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$59.0M
-10.9%%
Gross Profit
$23.9M
-26.5%%
Operating Income
$-4.8M
-147.8%%
Net Income
$-3.9M
-111.8%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
316.9%
Excellent

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
-
Premium
Locked Metric
-
Premium

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
3
Active Leaks
0/3
Improving
0
High Impact
3
Critical
Locked Leak
Upgrade to view details
Premium
Locked Leak
Upgrade to view details
Premium
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Aehr Test Systems's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
36
/100
Developing
Scores based on quantitative metrics and qualitative factors

Upgrade to unlock interactive defense details

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Developing
27
Premium
Unlock full defense details

See key signals plus strengths and risks for this moat dimension.

Upgrade for full defense analysis Premium-only evidence and insights.
For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 92% Coverage
Trade-Off Triangle Visualization A ternary plot showing AEHR's balance between Growth (43.6%), Profitability (22.7%), and Safety (33.7%). Growth 44% Safety 34% Profitability 23%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
Upgrade to unlock the full 3-year trend analysis and deltas.

Growth

53th percentile vs peers
53
Key Signals
EPS Growth YoY 1.25 87p Revenue CAGR 3Y 5.1% 68p Rev Growth YoY -10.9% 17p
Strengths
  • Eps Growth Yoy in top 20% of peers (1.25, 87th percentile)
  • Strong liquidity position vs peers
Risks
  • Rev Growth Yoy in bottom 20% of peers (-10.9%)

Profitability

27th percentile vs peers
28
Key Signals
Strengths
Risks
Premium
Unlock full Profitability drilldowns

See the signal-level drivers and insights behind this axis. Upgrade to reveal the full Trade-Off Ledger.

Upgrade Now

Safety

41th percentile vs peers
41
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Aehr Test Systems.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
X.X%
X%XX%
X.X%
-XX%XX%
XX.X%
-XX%XX%
Adjust the sliders above to explore different valuation scenarios.
Unlock Premium
Reveal the full Scenario Theatre
See live sliders, narratives, and full Bear/Base/Bull outcomes.
Upgrade Now
Bear
-
- - -
- upside
-
Base
$3.97
- - -
-88.9% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
Actions & Info