Aehr Test Systems (AEHR) vs Photronics, Inc. (PLAB)
- Aehr Test Systems AEHR 60.60 −12.44%
- Photronics, Inc. PLAB 27.52 −3.54%
Aehr Test Systems and Photronics, Inc. are both Semiconductor Equipment & Materials companies. Aehr Test Systems is the larger, with a market value of $2.3B against $1.7B — 1.3× the size. Aehr Test Systems has negative trailing earnings, so its P/E is not meaningful; Photronics, Inc. trades at 9.7×. Photronics, Inc. grew revenue faster over the last twelve months: 1.25% against −15.2%. Photronics, Inc. has the higher net margin (19.0% vs −14.3%) and the higher return on invested capital (11.3% vs −8.57%). Across the 19 metrics below, Photronics, Inc. leads on 15 and Aehr Test Systems on 4.
Valuation
Profitability
| Metric | AEHR | PLAB | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 35.30% | 33.65% | 43.95% |
| Operating margin | (28.30%) | 22.46% | 10.32% |
| Net margin | (14.25%) | 19.04% | 7.45% |
| Free cash flow margin | (10.75%) | 12.74% | 6.77% |
| Return on equity | (4.16%) | 10.06% | 4.78% |
| Return on assets | (3.61%) | 8.82% | 3.62% |
| Return on invested capital | (8.57%) | 11.32% | 6.10% |
Growth
Health
Dividend
Size
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