Aehr Test Systems
Financial ratios & Valuation

Forward Multiples (2026 – 2027)

20262027
Price/Earnings ratio
8.89N/A
Price/Sales ratio
2.062.06
Earnings per Share (EPS)
$1.99N/A

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
-4.34-1.94-13.08107.01-7.48-13.31-29.0423.0663.0210.0066.13-7.48
Price/Sales ratio
2.880.903.911.911.861.673.544.2814.125.0013.371.86
Price/Book Value ratio
6.32-18.754.392.922.532.645.144.2712.132.9714.412.53
Price/Cash Flow ratio
-12.81-2.09-16.45-41.82-6.95-18.42-21.79144.5691.64188.89116.29-6.95
Price/Free Cash Flow ratio
-12.17-1.83-14.87-29.38-6.74-17.05-20.10199.63106.07329.38124.58-6.74
Price/Earnings Growth ratio
0.000.350.40-1.000.000.271.03-0.041.410.080.100.00
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
38.31%35.48%35.87%41.90%36.10%37.55%36.33%46.55%50.40%49.14%47.91%36.10%
Operating Profit Margin
-66.81%-42.43%-26.08%3.09%-20.30%-11.41%-25.19%11.40%20.58%15.21%19.68%-20.30%
Pretax Profit Margin
-66.01%-46.72%-29.78%1.53%-24.73%-12.40%-13.27%18.77%22.50%18.81%20.33%-24.73%
Net Profit Margin
-66.35%-46.78%-29.91%1.78%-24.86%-12.57%-12.21%18.59%22.40%50.07%20.22%-24.86%
Effective Tax Rate
-0.51%-0.14%-0.44%-16.04%-0.51%-1.30%8.03%0.95%0.41%-166.14%0.53%-0.51%
Return on Assets
-44.70%-67.53%-18.29%1.70%-24.56%-13.61%-9.35%15.16%14.83%25.92%18.28%-24.56%
Return On Equity
-145.51%965.14%-33.62%2.73%-33.83%-19.90%-17.70%18.53%19.25%29.71%24.31%-33.83%
Return on Capital Employed
-80.17%-114.68%-21.42%4.61%-27.06%-15.23%-33.17%11.29%16.34%8.58%21.16%-27.06%
Liquidity Ratios
Current Ratio
2.191.863.722.643.634.562.11N/AN/AN/A6.093.63
Quick Ratio
1.100.362.881.831.992.491.144.083.995.744.341.99
Cash ratio
0.840.202.251.510.981.400.502.851.844.671.750.98
Days of Sales Outstanding
50.3813.1377.4435.2784.2260.86114.3892.3393.2355.0960.7160.86
Days of Inventory outstanding
420.69274.37198.91192.37245.82209.48305.62202.23270.88406.13206.27209.48
Operating Cycle
471.08287.51276.36227.64330.04270.34420.01294.57364.11461.23221.24270.34
Days of Payables Outstanding
42.7655.1284.5737.4552.4424.7799.9156.36104.3057.7945.3224.77
Cash Conversion Cycle
428.32232.38191.78190.18277.60245.56320.09238.21259.81403.4366.24245.56
Debt Ratios
Debt Ratio
0.250.590.190.19N/A0.110.170.010.000.000.160.16
Debt Equity Ratio
0.82-8.480.360.31N/A0.160.330.010.000.000.190.19
Long-term Debt to Capitalization
0.451.130.26N/AN/A0.06N/AN/AN/AN/A0.000.06
Total Debt to Capitalization
0.451.130.260.24N/A0.140.240.010.000.000.010.14
Interest Coverage Ratio
-51.49-10.17-7.262.29-16.96N/AN/AN/AN/AN/A29.53-16.96
Cash Flow to Debt Ratio
-0.59-1.05-0.73-0.22N/A-0.86-0.701.8973.073.7711.4011.40
Company Equity Multiplier
3.25-14.291.831.601.371.461.891.221.291.141.191.46
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.22-0.43-0.23-0.04-0.26-0.09-0.160.020.150.020.11-0.26
Free Cash Flow / Operating Cash Flow Ratio
1.051.141.101.421.031.081.080.720.860.570.931.08
Cash Flow Coverage Ratio
-0.59-1.05-0.73-0.22N/A-0.86-0.701.8973.073.7711.4011.40
Short Term Coverage Ratio
N/AN/AN/A-0.22N/A-1.54-0.701.8973.073.7712.7412.74
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A