Aehr Test Systems

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: US00760J1088
USD
23.83
12.05 (102.29%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

355.33 k

Shareholding (Nov 2025)

FII

15.33%

Held by 76 FIIs

DII

33.56%

Held by 54 DIIs

Promoter

0.00%

How big is Aehr Test Systems?

22-Jun-2025

As of Jun 18, Aehr Test Systems has a market capitalization of 337.91 million, with net sales of 61.48 million and net profit of 22.85 million over the latest four quarters. Shareholder's funds are 111.59 million, and total assets are 127.91 million as of May 24.

As of Jun 18, Aehr Test Systems has a market capitalization of 337.91 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the sum of Net Sales for the latest four quarters is 61.48 million, while the sum of Net Profit for the same period is 22.85 million.<BR><BR>As of May 24, the reporting period for the balance sheet shows Shareholder's Funds at 111.59 million and Total Assets at 127.91 million.

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What does Aehr Test Systems do?

22-Jun-2025

Aehr Test Systems designs and manufactures advanced test and burn-in products for the semiconductor industry, with recent net sales of $18 million and a market cap of $337.91 million. The company operates at a P/E ratio of 15.00 and has a return on equity of 18.40%.

Overview: <BR>Aehr Test Systems is engaged in designing, manufacturing, and marketing advanced test and burn-in products for the semiconductor manufacturing industry, operating within the Electronics & Appliances sector and classified as a micro-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 18 Million (Quarterly Results - Feb 2025) <BR>Most recent Net Profit: -1 Million (Quarterly Results - Feb 2025) <BR>Market-cap: USD 337.91 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 15.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.23 <BR>Return on Equity: 18.40% <BR>Price to Book: 2.72<BR><BR>Contact Details: <BR>Address: 400 Kato Ter, FREMONT CA 94539-8332 <BR>Tel: 1 510 6239400 <BR>Fax: 1 510 6239450 <BR>Website: https://www.aehr.com/

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Who are in the management team of Aehr Test Systems?

22-Jun-2025

As of March 2022, the management team of Aehr Test Systems includes President and CEO Gayn Erickson, Chairman Rhea Posedel, Directors Geoffrey Scott, Laura Oliphant, Mario Rosati, and Howard Slayen. They are responsible for the company's strategic direction and operations.

As of March 2022, the management team of Aehr Test Systems includes the following individuals:<BR><BR>- Mr. Gayn Erickson, who serves as the President, Chief Executive Officer, and Director.<BR>- Mr. Rhea Posedel, who is the Chairman of the Board of Directors.<BR>- Mr. Geoffrey Scott, who is a Director.<BR>- Dr. Laura Oliphant, who serves as an Independent Director.<BR>- Mr. Mario Rosati, who is also an Independent Director.<BR>- Mr. Howard Slayen, who serves as an Independent Director. <BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

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Should I buy, sell or hold Aehr Test Systems?

22-Jun-2025

Is Aehr Test Systems overvalued or undervalued?

20-Sep-2025

As of July 8, 2025, Aehr Test Systems is considered risky and overvalued with a P/E ratio of 15 and a high EV to EBITDA ratio of 109.93, especially when compared to peers like Littelfuse and Universal Display, despite its impressive short-term gains relative to the S&P 500.

As of 8 July 2025, the valuation grade for Aehr Test Systems has moved from very attractive to risky, indicating a shift in investor sentiment. Based on the current metrics, the company appears to be overvalued. The P/E ratio stands at 15, while the PEG ratio is notably low at 0.34, suggesting that growth expectations may not justify the current price. Additionally, the EV to EBITDA ratio is extremely high at 109.93, further reinforcing concerns about valuation.<BR><BR>In comparison to peers, Littelfuse, Inc. has a P/E ratio of 30.08 and Universal Display Corp. has a P/E of 28.20, both indicating higher valuations within the industry. Aehr Test Systems has significantly underperformed relative to the S&P 500 over the long term, with a 10-year return of 1938.00% compared to the S&P 500's 231.64%, suggesting that while it has shown impressive short-term gains, the valuation metrics raise caution for long-term investors.

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Is Aehr Test Systems technically bullish or bearish?

14-Oct-2025

As of October 10, 2025, Aehr Test Systems shows a mildly bullish trend with strong performance, having returned 53.46% year-to-date compared to the S&P 500's 11.41%, despite mixed signals from the On-Balance Volume indicator.

As of 10 October 2025, the technical trend for Aehr Test Systems has changed from bullish to mildly bullish. The weekly and monthly MACD indicators are bullish, while the Bollinger Bands and Dow Theory show a mildly bullish stance across both time frames. The daily moving averages also indicate a mildly bullish trend. However, the On-Balance Volume (OBV) is mildly bearish on a weekly basis but bullish monthly. <BR><BR>In terms of performance, Aehr Test Systems has significantly outperformed the S&P 500 year-to-date with a return of 53.46% compared to the S&P 500's 11.41%, and over the past year, it has returned 59.30% versus 13.36% for the benchmark. Overall, the current technical stance is mildly bullish, supported by several key indicators, despite some mixed signals from the OBV.

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Dashboard

1

With a fall in Net Sales of -15.13%, the company declared Very Negative results in May 25

  • OPERATING CASH FLOW(Y) Lowest at USD -7.39 MM
  • ROCE(HY) Lowest at -3.34%
  • DEBT-EQUITY RATIO (HY) Highest at -11.72 %
2

Risky -

stock-summaryMojo Parameters

Mojo Parameters

Stock DNA

stock-summary
Industry

Electronics & Appliances

stock-summary
Market cap

USD 876 Million (Small Cap)

stock-summary
P/E

15.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.23

stock-summary
Return on Equity

-6.87%

stock-summary
Price to Book

6.70

Revenue and Profits:
Net Sales:
10 Million
(Quarterly Results - Nov 2025)
Net Profit:
-3 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
192.39%
0%
192.39%
6 Months
96.78%
0%
96.78%
1 Year
79.31%
0%
79.31%
2 Years
-43.98%
0%
-43.98%
3 Years
184.37%
0%
184.37%
4 Years
806.08%
0%
806.08%
5 Years
1073.89%
0%
1073.89%

Aehr Test Systems for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

Announcements stock-summary

Icon
No announcement available

Corporate Actions stock-summary

Icon
No corporate action available
stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
21.48%
EBIT Growth (5y)
-35.26%
EBIT to Interest (avg)
4.45
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.19
Sales to Capital Employed (avg)
0.60
Tax Ratio
8.88%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
20.50%
ROE (avg)
12.86%

Valuation key factors

Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
2.72
EV to EBIT
308.67
EV to EBITDA
109.93
EV to Capital Employed
3.24
EV to Sales
5.02
PEG Ratio
0.34
Dividend Yield
NA
ROCE (Latest)
0.07%
ROE (Latest)
18.40%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Nov 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 51 Schemes (51.11%)

Foreign Institutions

Held by 76 Foreign Institutions (15.33%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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Quarterly Results Snapshot (Consolidated) - Nov'25 - YoYstock-summary

Nov'25
Nov'24
Change(%)
Net Sales
9.90
13.50
-26.67%
Operating Profit (PBDIT) excl Other Income
-4.00
-0.60
-566.67%
Interest
0.00
0.00
Exceptional Items
0.20
0.00
Consolidate Net Profit
-3.20
-1.00
-220.00%
Operating Profit Margin (Excl OI)
-491.80%
-112.50%
-37.93%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in quarter ended Nov 2025 is -26.67% vs -36.92% in Nov 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Nov 2025 is -220.00% vs -116.39% in Nov 2024

Annual Results Snapshot (Consolidated) - May'25stock-summary

May'25
May'24
Change(%)
Net Sales
59.00
66.20
-10.88%
Operating Profit (PBDIT) excl Other Income
-0.90
11.40
-107.89%
Interest
0.00
0.00
Exceptional Items
-1.40
0.00
Consolidate Net Profit
-3.90
33.20
-111.75%
Operating Profit Margin (Excl OI)
-73.10%
152.20%
-22.53%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended May 2025 is -10.88% vs 1.85% in May 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended May 2025 is -111.75% vs 127.40% in May 2024

stock-summaryCompany CV
About Aehr Test Systems stock-summary
stock-summary
Aehr Test Systems
Electronics & Appliances
Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories. The Company's principal products are the Advanced Burn-In and Test System (ABTS), the FOX full wafer contact parallel test and burn-in systems, WaferPak full wafer contactor, the DiePak carrier and test fixtures. The Company develops, manufactures and sells systems, which are designed to reduce the cost of testing and to perform reliability screening, or burn-in, of complex logic devices, memory integrated circuits (ICs), sensors and optical devices. These systems can be used to perform parallel testing and burn-in of packaged ICs, singulated bare die or ICs still in wafer form.
Company Coordinates stock-summary
Company Details
400 Kato Ter , FREMONT CA : 94539-8332
stock-summary
Tel: 1 510 6239400
stock-summary
Registrar Details