Aehr Test Systems (AEHR) vs IPG Photonics Corporation (IPGP)
Aehr Test Systems and IPG Photonics Corporation are both Semiconductor Equipment & Materials companies. Aehr Test Systems and IPG Photonics Corporation are of similar size ($3.3B and $3.3B). Aehr Test Systems has negative trailing earnings, so its P/E is not meaningful; IPG Photonics Corporation trades at 118×. IPG Photonics Corporation grew revenue faster over the last twelve months: 13.0% against −15.2%. IPG Photonics Corporation has the higher net margin (2.58% vs −14.3%) and the higher return on invested capital (0.40% vs −8.57%). Across the 18 metrics below, IPG Photonics Corporation leads on 15 and Aehr Test Systems on 3.
Valuation
Profitability
| Metric | AEHR | IPGP | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 35.30% | 38.35% | 43.95% |
| Operating margin | (28.30%) | 0.75% | 10.32% |
| Net margin | (14.25%) | 2.58% | 7.45% |
| Free cash flow margin | (10.75%) | 2.07% | 6.77% |
| Return on equity | (4.16%) | 1.30% | 4.78% |
| Return on assets | (3.61%) | 1.15% | 3.62% |
| Return on invested capital | (8.57%) | 0.40% | 6.10% |
Growth
Health
Dividend
Size
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