Stock AnalizAehr Test Systems AEHR
Electrical Products · IPO 1997 · data as of November 13, 2026
Aehr Test Systems (AEHR) is a industrial company listed in the US with a market value of about $1.9B. In fiscal year 2026 it had revenue of $50M and net income of -$7M, a net margin of -14.3%.
Its overall Stock Analiz score is 0.8 out of 5 (weak). The strongest part is financial health (2/5); the weakest is value (0/5).
Key numbers: 5-year revenue growth of 25% a year, a 5-year average ROIC of 6%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 99% below the current price.
Score: 0.8 / 5
Checks passed
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $50M | $59M | $66M | $65M | $51M | $17M | $22M | $21M | $30M | $19M |
| Net income | -$7M | -$4M | $33M | $15M | $9M | -$2M | -$3M | -$5M | $528000 | -$6M |
| Free cash flow | -$5M | -$12M | $1M | $9M | $1M | -$3M | -$2M | -$6M | -$2M | -$5M |
| EPS (diluted) | $-0.23 | $-0.13 | $1.12 | $0.50 | $0.34 | $-0.09 | $-0.12 | $-0.00 | $0.00 | $-0.00 |
| Net margin | -14.2% | -6.6% | 50.1% | 22.4% | 18.6% | -12.2% | -12.6% | -24.9% | 1.8% | -29.9% |
| ROIC | -3.8% | -3.9% | 6.8% | 16.3% | 14.9% | -25.9% | -15.2% | -25.5% | 2.8% | -17.0% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 5 analysts is $117.00, 105% above the current price; targets range from $90.00 to $140.00; the consensus rating is “Strong buy”; expected EPS is $1.00 for the fiscal year ending June 30, 2027.
Frequently asked questions
Is Aehr Test Systems stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 99% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Aehr Test Systems pay a dividend?
Not currently.
Is Aehr Test Systems a good stock to buy?
We do not give buy or sell advice. Aehr Test Systems scores 0.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.