Market Summary
USD35.34-1.16
Market Closed-3.18%
AEHR Alerts
AEHR Stock Price
AEHR RSI Chart
AEHR Valuation
AEHR Price/Sales (Trailing)
AEHR Profitability
AEHR Fundamentals
AEHR Revenue
AEHR Earnings
Price Action
52 Week Range
6.7136.92
(Low)(High)
Last 7 days
10.8%
Last 30 days
77.6%
Last 90 days
61.7%
Trailing 12 Months
219.8%
AEHR Financial Health
AEHR Investor Care
Peers (Alternatives to AEHR Test Systems)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NVDA | 505.7B | 28.6B | 45.09% | -7.11% | 84.89 | 17.7 | 17.68% | -27.42% |
QCOM | 134.9B | 44.2B | 24.71% | -16.46% | 10.43 | 3.05 | 31.68% | 43.05% |
KLAC | 56.6B | 9.2B | 8.60% | 11.82% | 17.27 | 6.47 | 32.00% | 20.29% |
FSLR | 19.1B | 2.5B | 22.70% | 148.34% | 201.79 | 7.57 | -3.85% | -79.08% |
TER | 16.1B | 3.3B | 22.79% | -6.60% | 21 | 4.87 | -7.51% | -22.26% |
| MID-CAP | ||||||||
MKSI | 7.0B | 3.2B | 29.57% | -27.08% | 16.3 | 2.17 | 13.29% | -16.72% |
OLED | 6.3B | 593.8M | 27.24% | -5.82% | 33.14 | 10.65 | 8.20% | -0.75% |
ONTO | 3.9B | 977.6M | 18.36% | -7.21% | 19.04 | 3.97 | 36.08% | 76.46% |
AEIS | 3.5B | 430.4M | 12.92% | 18.46% | 17.87 | 8.12 | 188.22% | 42.77% |
| SMALL-CAP | ||||||||
COHU | 1.8B | 813.5M | 15.71% | 17.99% | 18.43 | 2.18 | -9.38% | -40.42% |
AEHR | 968.1M | 55.9M | 77.59% | 219.82% | 103.62 | 17.33 | 176.04% | 749.72% |
ACMR | 741.4M | 375.4M | 76.41% | -82.42% | 17.23 | 1.97 | 78.63% | 40.03% |
CYBE | 400.4M | 101.7M | 0.37% | 23.85% | 24.74 | 3.94 | 26.08% | 107.05% |
INTT | 144.8M | 112.6M | 31.46% | 30.44% | 20.82 | 1.29 | 45.44% | 5.14% |
Financials for AEHR Test Systems
| Income Statement (Last 12 Months) | (In Thousands) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
| Revenue | 9.9% | 55,854 | 50,829 | 38,178 | 28,162 | 20,234 |
| Cost Of Revenue | 10.4% | 29,989 | 27,164 | 21,447 | 15,934 | 12,148 |
| Gross Profit | 9.3% | 25,865 | 23,665 | 16,731 | 12,228 | 8,086 |
| Operating Expenses | 4.7% | 16,614 | 15,865 | 14,150 | 12,555 | 11,074 |
| S&GA Expenses | 5.7% | 10,619 | 10,047 | 8,958 | 7,989 | 7,001 |
| R&D Expenses | 3.0% | 5,995 | 5,818 | 5,192 | 4,566 | 4,073 |
| EBITDA | 0.3% | 9,893 | 9,861 | 4,601 | - | - |
| EBITDA Margin | -8.7% | 0.18* | 0.19* | 0.12* | - | - |
| Earnings Before Taxes | -1.2% | 9,425 | 9,541 | 4,304 | 1,336 | -1,377.00 |
| EBT Margin | -10.1% | 0.17* | 0.19* | 0.11* | - | - |
| Interest Expenses | 1015.4% | 145 | 13 | -18.00 | -29.00 | -18.00 |
| Net Income | -1.1% | 9,343 | 9,450 | 4,223 | 1,245 | -1,438.00 |
| Net Income Margin | -10.0% | 0.17* | 0.19* | 0.11* | - | - |
| Free Cahsflow | 326.2% | 4,654 | 1,092 | 1,845 | - | - |
* denotes actual numbers (not divided by Thousands)
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
| Assets | -1.2% | 62 | 62 | 57 | 58 | 24 |
| Current Assets | -1.1% | 59 | 60 | 55 | 56 | 22 |
| Cash Equivalents | 14.8% | 36 | 31 | 32 | 35 | 7 |
| Inventory | 14.5% | 17 | 15 | 14 | 13 | 10 |
| Net PPE | 9.9% | 1 | 1 | 1 | 1 | 1 |
| Liabilities | -11.3% | 10 | 11 | 13 | 17 | 10 |
| Current Liabilities | -10.1% | 10 | 11 | 13 | 17 | 9 |
| LT Debt, Current | NaN% | - | - | - | - | - |
| Shareholder's Equity | 1.0% | 52 | 51 | 44 | 41 | 14 |
| Retained Earnings | 0.9% | -66.27 | -66.86 | -72.66 | -74.90 | -75.62 |
| Additional Paid-In Capital | 0.0% | 118 | 118 | 117 | 116 | 90 |
| Shares Outstanding | 1.0% | 27 | 27 | 27 | 27 | 24 |
| Float | - | 1* | - | - | - | - |
* denotes actual numbers (not divided by Millions)
| Cashflow (Last 12 Months) | (In Thousands) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
| Cashflow From Operations | 237.9% | 5,095 | 1,508 | 2,085 | 4,765 | -1,470.00 |
| Share Based Compensation | 4.1% | 3,128 | 3,006 | 2,489 | 1,880 | 1,419 |
| Cashflow From Investing | -6.0% | -441.00 | -416.00 | -240.00 | -165.00 | -239.00 |
| Cashflow From Financing | -3.3% | 24,902 | 25,761 | 25,477 | 26,969 | 1,905 |
Risks for AEHR
What is the probability of a big loss on AEHR?
100%
Probability that AEHR Test Systems stock will be more than 20% underwater in next one year
94.2%
Probability that AEHR Test Systems stock will be more than 30% underwater in next one year.
86.5%
Probability that AEHR Test Systems stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AEHR drawdown profile look like?
Y-axis is the maximum loss one would have experienced if AEHR Test Systems was unfortunately bought at previous high price.
Drawdowns
Returns for AEHR
Cumulative Returns on AEHR
44.5%
10-Year Cumulative Returns
57.3%
7-Year Cumulative Returns
67.3%
5-Year Cumulative Returns
154.3%
3-Year Cumulative Returns
What are the long-term rolling returns for AEHR?
FIve years rolling returns for AEHR Test Systems.
Annualized Returns
Which funds bought or sold AEHR recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-01-26 | Calamos Advisors LLC | new | - | 228,879 | 228,879 | -% |
2023-01-26 | GREENWOOD CAPITAL ASSOCIATES LLC | added | 17.89 | 258,004 | 636,004 | 0.10% |
2023-01-25 | ARS Investment Partners, LLC | sold off | -100 | -312,000 | - | -% |
2023-01-25 | Artemis Investment Management LLP | new | - | 514,113 | 514,113 | 0.01% |
2023-01-24 | TOTH FINANCIAL ADVISORY CORP | unchanged | - | 1,010 | 2,010 | -% |
2023-01-20 | Affiance Financial, LLC | new | - | 3,357 | 3,357 | -% |
2023-01-19 | Householder Group Estate & Retirement Specialist, LLC | unchanged | - | 3,000 | 8,000 | 0.01% |
2023-01-11 | Gleason Group, Inc. | unchanged | - | 1,025 | 5,025 | -% |
2023-01-10 | West Financial Advisors, LLC | sold off | -100 | -3,000 | - | -% |
2023-01-09 | Align Wealth Management, LLC | new | - | 9,870 | 9,870 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AEHR Alerts
AEHR Test Systems News
Schedule 13G FIlings of AEHR Test Systems
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2022 | collaborative holdings management lp | 5.7% | 1,533,440 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G | |
| Nov 10, 2021 | awm investment company, inc. | 4.5% | 1,205,749 | SC 13G/A | |
| Oct 05, 2021 | collaborative holdings management lp | 5.01% | 1,225,594 | SC 13G | |
| Jan 29, 2021 | royce & associates lp | 4.5% | 1,047,900 | SC 13G/A | |
| Feb 14, 2020 | qvt financial lp | 0% | 0 | SC 13G/A | |
| Jan 21, 2020 | royce & associates lp | 5.46% | 1,241,700 | SC 13G |
AEHR Fair Value
AEHR Test Systems fair value in different scenarios
The table shows the Fair Value estimates for AEHR Test Systems for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 3.51 -90.07% | 5.05 -85.71% | 7.94 -77.53% | 14.67 -58.49% | 23.19 -34.38% |
| Current Inflation | 3.29 -90.69% | 4.63 -86.90% | 7.15 -79.77% | 12.96 -63.33% | 20.27 -42.64% |
| Very High Inflation | 3.02 -91.45% | 4.13 -88.31% | 6.19 -82.48% | 10.95 -69.02% | 16.85 -52.32% |
Historical AEHR Test Systems Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of AEHR Test Systems
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Jan 26, 2023 | 4 | Insider Trading | |
| Jan 25, 2023 | 4 | Insider Trading | |
| Jan 25, 2023 | 4 | Insider Trading | |
| Jan 25, 2023 | 4 | Insider Trading | |
| Jan 24, 2023 | 4 | Insider Trading | |
| Jan 19, 2023 | 4 | Insider Trading | |
| Jan 18, 2023 | 4 | Insider Trading | |
| Jan 18, 2023 | 4 | Insider Trading | |
| Jan 18, 2023 | 4 | Insider Trading | |
| Jan 18, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for AEHR
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-01-24 | HENDRICKSON DAVID S | acquired | - | - | 3,750 | cto |
2023-01-24 | HENDRICKSON DAVID S | sold (taxes) | -66,062 | 34 | -1,943 | cto |
2023-01-24 | Erickson Gayn | sold | -1,767,360 | 35 | -50,496 | president and ceo |
2023-01-23 | SPORCK ALISTAIR N | sold | -16,224.4 | 34.52 | -470 | vp, contactor business unit |
2023-01-23 | POSEDEL RHEA J | sold | -1,356,000 | 33.9 | -40,000 | - |
2023-01-20 | POSEDEL RHEA J | sold | -1,256,000 | 31.4 | -40,000 | - |
2023-01-18 | SPORCK ALISTAIR N | sold (taxes) | -13,492.4 | 28.83 | -468 | vp, contactor business unit |
2023-01-17 | ROGERS VERNON | sold (taxes) | -29,311.3 | 28.43 | -1,031 | exec. vp sales and marketing |
2023-01-17 | HENDRICKSON DAVID S | sold (taxes) | -16,887.4 | 28.43 | -594 | cto |
2023-01-17 | RICHMOND DONALD P. II | sold (taxes) | -25,388 | 28.43 | -893 | vp of engineering |
Aehr Test Systems primarily designs, engineers, manufactures, and sells test and burn-in equipment for use in the semiconductor industry in North America, Asia, and Europe. It provides full wafer contact test systems, test during burn-in systems, test fixtures, and related accessories. The company offers Advanced Burn-in and Test System family of packaged part burn-in and test systems, which perform test during burn-in of complex devices, such as digital signal processors, microprocessors, microcontrollers, memory and systems-on-a-chip, as well as individual temperature control for high-power advanced logic devices. It also provides FOX systems that are parallel test and burn-in systems designed to contact devices on wafers or panels of devices simultaneously; WaferPak contactor that includes a full-wafer probe card for use in testing wafers in FOX systems; DiePak carrier, a reusable and temporary package that enables integrated circuit (IC) manufacturers to perform test and burn-in of singulated bare die or very small multi-IC modules; and test fixtures that hold the devices undergoing test or burn-in and electrically connect the devices under test to the system electronics. In addition, the company offers WaferPak Aligner, which performs automatic alignment of the customer's wafer to the WaferPak contactor; and DiePak Loader that performs automatic loading of the customer's modules to the DiePak carrier. Further, Aehr Test Systems provides customer service and support programs, including system installation, system repair, applications engineering support, spare parts inventory, customer training, and documentation services. The company markets and sells its products to semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers, and burn-in and test service companies through a network of distributors and sales representatives. Aehr Test Systems was incorporated in 1977 and is headquartered in Fremont, California.
AEHR Income Statement
2022-11-30CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Nov. 30, 2022 | Nov. 30, 2021 | Nov. 30, 2022 | Nov. 30, 2021 | |
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) | ||||
| Net sales | $ 14,815 | $ 9,611 | $ 25,486 | $ 15,257 |
| Cost of sales | 6,904 | 5,092 | 13,094 | 8,457 |
| Gross profit | 7,911 | 4,519 | 12,392 | 6,800 |
| Operating expenses: | ||||
| Selling, general and administrative | 2,875 | 2,489 | 5,400 | 4,442 |
| Research and development | 1,551 | 1,313 | 3,049 | 2,634 |
| Total operating expenses | 4,426 | 3,802 | 8,449 | 7,076 |
| Income (loss) from operations | 3,485 | 717 | 3,943 | (276) |
| Interest income (expense), net | 263 | (1) | 384 | (10) |
| Gain from forgiveness of PPP loan | 0 | 0 | 0 | 1,698 |
| Other (expense) income, net | (5) | 35 | 19 | 58 |
| Income before income tax expense | 3,743 | 751 | 4,346 | 1,470 |
| Income tax expense | (18) | (34) | (32) | (57) |
| Net income | $ 3,725 | $ 717 | $ 4,314 | $ 1,413 |
| Net income per share | ||||
| Basic | $ 0.14 | $ 0.03 | $ 0.16 | $ 0.06 |
| Diluted | $ 0.13 | $ 0.03 | $ 0.15 | $ 0.05 |
| Shares used in per share calculations: | ||||
| Basic | 27,579 | 26,205 | 27,410 | 25,102 |
| Diluted | 29,080 | 28,342 | 28,934 | 26,849 |
AEHR Balance Sheet
2022-11-30CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Nov. 30, 2022 | May 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 18,874 | $ 31,484 |
| Short-term investments | 17,710 | 0 |
| Trade and other accounts receivable, net | 10,156 | 12,859 |
| Inventories | 17,972 | 15,051 |
| Prepaid expenses and other current assets | 823 | 613 |
| Total current assets | 65,535 | 60,007 |
| Property and equipment, net | 1,263 | 1,203 |
| Operating lease right-of-use assets | 561 | 917 |
| Other assets | 184 | 201 |
| Total assets | 67,543 | 62,328 |
| Current liabilities: | ||
| Accounts payable | 3,949 | 4,195 |
| Accrued expenses | 2,566 | 3,610 |
| Operating lease liabilities, short-term | 551 | 794 |
| Customer deposits and deferred revenue, short-term | 3,680 | 2,415 |
| Total current liabilities | 10,746 | 11,014 |
| Operating lease liabilities, long-term | 65 | 212 |
| Deferred revenue, long-term | 25 | 69 |
| Other liabilities | 40 | 44 |
| Total liabilities | 10,876 | 11,339 |
| Shareholders' equity: | ||
| Common stock, $0.01 par value: Authorized: 75,000 shares; Issued and outstanding: 27,732 shares and 27,120 shares at November 30, 2022 and May 31, 2022, respectively | 277 | 271 |
| Additional paid-in capital | 119,094 | 117,686 |
| Accumulated other comprehensive loss | (155) | (105) |
| Accumulated deficit | (62,549) | (66,863) |
| Total shareholders' equity | 56,667 | 50,989 |
| Total liabilities and shareholders' equity | $ 67,543 | $ 62,328 |