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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 Framework: General Corporate Mid Cap
Aehr Test Systems, Inc. (AEHR), is a Mid Cap company, in the Semiconductor Equipment & Materials industry, last closed at $70.00, about 94.5% overvalued vs fair value, +292.4% 1Y return, ranked 454/780 in sector.
Metrics Rev Growth -11.0% ROE -3.3% Gross Margin 40.6%
USD 70.00
-9.65%
(Delayed)
• Vol 90d: 140.1%
52-Week Range
Market Cap
$2.40B
Enterprise Value
$2.37B
Overall Score
View breakdown
Overall
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Fair
Valuation
Weak
Growth
Weak
Profitability
Weak
Health
Weak
Efficiency
Fair
Valuation
Weak
Completeness: 82%
Confidence: 84%
Updated: Jul 5
Top Beats

Quick Facts

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

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$3
$4
$4
Current: $70.00 -95% vs base

Engine Room Money Flow™

Mid 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 FY2025
316.9%

Operating Cash Flow / Net Income

FCF / Net Income - not meaningful while net income is negative (a near-100% ratio here only reflects cash burn tracking accounting losses, not earnings quality)

Locked Metric
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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
1
Active Leaks
0/1
Improving
0
High Impact
1
Critical
Moat Analysis Corporate Default

Competitive Advantage Assessment

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

Overall Moat Strength
42
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Developing
36
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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 89% Coverage
Trade-Off Triangle Visualization A ternary plot showing AEHR's balance between Growth (31.9%), Profitability (20.5%), and Safety (47.7%). Growth 32% Safety 48% Profitability 20%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

49th percentile vs peers
49
Key Signals
EPS Growth YoY 1.25 90p Revenue CAGR 3Y 5.1% 56p Rev Growth YoY -10.9% 15p
Strengths
  • EPS Growth YoY in top 20% of peers (1.25, 90th percentile)
  • Net Debt/EBITDA in top 20% of peers (-3.76, 95th percentile)
  • Current Ratio in top 20% of peers (5.68, 91th percentile)
  • Quick Ratio in top 20% of peers (2.99, 85th percentile)
Risks
  • Rev Growth YoY in bottom 20% of peers (-10.9%)

Profitability

31th percentile vs peers
32
Key Signals
Strengths
Risks
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Safety

73th percentile vs peers
74
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Aehr Test Systems.

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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:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$3.87
- - -
-94.5% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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