Aehr Test Systems, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Aehr Test Systems, Inc.'s yearly results (2023–2026), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Profit Cash Ratio: Over the last 3 years, every $100 of reported profit came with $-40 of operating cash. Lower than almost all Technology companies in United States.
- Cash Locked Ratio: For every $100 of sales, $104 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $48 tied up three years earlier. More money tied up than 98% of Technology companies in United States.
- Steadiness Ratio: Sales grew in 1 of the last 3 years; profit grew in 1 of 3. Less steady than 85% of Technology companies in United States.
Cash quality
Profit Cash Ratio
$-40Over the last 3 years, every $100 of reported profit came with $-40 of operating cash.
Lower than almost all Technology companies in United States.
Self-Funding Ratio
-1.1×Over the last 3 years operating cash was negative while the company kept spending on investment (capex).
Lower than 79% of Technology companies in United States.
Cash Locked Ratio
$104For every $100 of sales, $104 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $48 tied up three years earlier.
More money tied up than 98% of Technology companies in United States.
Growth quality
Steadiness Ratio
1/3 · 1/3Sales grew in 1 of the last 3 years; profit grew in 1 of 3.
Less steady than 85% of Technology companies in United States.
Growth Efficiency Ratio
—Sales fell 23%
Sales fell 23% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-23% / +151%In 3 years sales changed by -23% while total assets changed by +151%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
-5.3×Operating cash was negative last year, while some debt falls due within a year.
Lower than 83% of Technology companies in United States.
Cash Cushion Ratio
+6%Cash, after subtracting all debt, equals 6% of its market value (net cash).
Higher than 68% of Technology companies in United States.
Tangible Assets Ratio
92%Of every $100 the company owns, $92 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 73% of Technology companies in United States.
Tangible Net Worth Ratio
91%Of every $100 of net worth, $91 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 81% of Technology companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (12)
Aehr Test Systems, Inc. made a loss over the last year. Aehr Test Systems, Inc. owes $0.11 for every $1 it owns. Aehr Test Systems, Inc. made a loss in each of the last two years.
Compared with Technology companies in United States · latest annual results May 2026.
P/E ratio
LossAehr Test Systems, Inc. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
8.28The share price is 8.28 times Aehr Test Systems, Inc.'s book value per share, higher than 81% of Technology companies in United States.
Market cap
$1.8 BThe total market value of all of Aehr Test Systems, Inc.'s shares at today's price (share price × number of shares), larger than 52% of Technology companies in United States. PosiCap size class: Meso Cap.
Net worth (book value)
$220 MWhat Aehr Test Systems, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 May 2026).
Book value per share
$6.72Net worth divided by the number of shares. The share price of $55.65 is 8.3 times this, which is the P/B above.
Return on equity (ROE)
-4.2%Aehr Test Systems, Inc. lost 4.2% of its shareholders' money over the last year, lower than 60% of Technology companies in United States.
Owes vs Owns
0.11×Aehr Test Systems, Inc. owes $0.11 for every $1 it owns (low), lower than 93% of Technology companies in United States.
Dividend yield
NoneAehr Test Systems, Inc. does not currently pay a dividend.
Revenue growth
-15%Revenue fell 15% in the year to May 2026, and shrank 8% a year on average over 3 years.
Profit growth
LossAehr Test Systems, Inc. made a loss in each of the last two years.
Profit margin
-14.3%Aehr Test Systems, Inc. lost $14 for every $100 of revenue.
Cash vs debt
Net cashAehr Test Systems, Inc. held $106 M more cash than debt (net cash) at May 2026.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Aehr Test Systems, Inc.: $1.8 B ÷ $220 M (31 May 2026) = 8.3.
What is Aehr Test Systems, Inc.'s return on equity?
Aehr Test Systems, Inc. lost 4.2% of its shareholders' money over the last year, lower than 60% of Technology companies in United States.
How much does Aehr Test Systems, Inc. owe compared with what it owns?
Aehr Test Systems, Inc. owes $0.11 for every $1 it owns (low), lower than 93% of Technology companies in United States.
Does Aehr Test Systems, Inc. pay a dividend?
No. Aehr Test Systems, Inc. does not currently pay a dividend.
Is Aehr Test Systems, Inc.'s revenue growing?
Revenue fell 15% in the year to May 2026, and shrank 8% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.