Aehr Test Systems

AEHR Technology Semiconductor Equipment & Materials

Aehr Test Systems' revenue for fiscal 2026 (year ended May 2026) was $50.0 million, down 15.2% from fiscal 2025. In the quarter to May 2026, revenue grew 33.7%, EPS grew 140.0% and free cash flow grew 133.2%, each against the same quarter a year earlier.

60.60 8.61 −12.44%
Market cap
$2.3B
P/E
0.0×
Fwd P/E
0.0×
Dividend yield
—
F-score
3/9
Altman Z
63.15
Beneish M
−2.28
Dividend safety
n/a

Aehr Test Systems (AEHR) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Aehr Test Systems (AEHR) trades at a EV/Sales of 34.9×. Over the past ten years it has ranged from 0.6× (January 2019) to 87.0× (August 2026); the current reading is higher than 96% of that period. That is above the Semiconductor Equipment & Materials industry median of 5.5× and above the Technology sector median of 2.7×.

EV/Sales, daily

Embed this chart

Annual newest first

Period EV/Sales Change
FY2026 55.1× 1,135.74%
FY2025 4.5× 3.88%
FY2024 4.3× (67.98%)
FY2023 13.4× 261.96%
FY2022 3.7× 9.54%
FY2021 3.4× 124.83%
FY2020 1.5× (20.80%)
FY2019 1.9× 8.24%
FY2018 1.8× (48.59%)
FY2017 3.4× 148.06%

Quarterly newest first

Period EV/Sales Change
May 2026 55.1× 89.53%
Feb 2026 29.1× 137.97%
Nov 2025 12.2× (4.02%)
Aug 2025 12.7× 185.46%
42 more quarters

Against its own ten years

Low 0.6× High 87.0×
Ten-year median 3.6×
Current reading's percentile 95

EV/Sales against peers

Company EV/Sales
PLAB Photronics, Inc. compare 1.1×
UCTT Ultra Clean Holdings, Inc. compare 1.2×
ICHR Ichor Holdings, Ltd. compare 1.3×
IPGP IPG Photonics Corporation compare 2.0×
ACLS Axcelis Technologies, Inc. compare 3.5×
VECO Veeco Instruments Inc. compare 3.6×
COHU Cohu, Inc. compare 4.2×
AMBA Ambarella, Inc. compare 5.8×
AEHR Aehr Test Systems 34.9×
Semiconductor Equipment & Materials industry median 5.5×
Technology sector median 2.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

More on AEHR