AEHR (Aehr Test Systems) EV-to-EBITDA: -296.53 (As of Aug. 06, 2026)

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AEHR Aehr Test Systems AEHR
67 GF Score
Price $99.74
GF Value $13.83
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Aehr Test Systems EV-to-EBITDA?

Aehr Test Systems AEHR +1.20% 67 EV-to-EBITDA is -296.53 as of Aug. 06, 2026. GuruFocus rates AEHR with a GF Score™ of 67/100 and a GF Value™ of $13.83 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 754 Semiconductors companies, Aehr Test Systems ranks worse than 132625.86% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Aehr Test Systems's enterprise value is $3,147.09 Mil. Aehr Test Systems's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was $-10.61 Mil. Therefore, Aehr Test Systems's EV-to-EBITDA for today is -296.53.

The historical rank and industry rank for Aehr Test Systems's EV-to-EBITDA or its related term are showing as below:

AEHR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -43443.84   Med: -9.58   Max: 362.19
Current: -296.53

During the past 13 years, the highest EV-to-EBITDA of Aehr Test Systems was 362.19. The lowest was -43443.84. And the median was -9.58.

AEHR's EV-to-EBITDA is ranked worse than
100% of 754 companies
in the Semiconductors industry
Industry Median: 24.86 vs AEHR: -296.53

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-06), Aehr Test Systems's stock price is $99.74. Aehr Test Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $-0.240. Therefore, Aehr Test Systems's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Aehr Test Systems  (NAS:AEHR) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Aehr Test Systems's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=99.74/-0.240
=At Loss

Aehr Test Systems's share price for today is $99.74.
Aehr Test Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.240.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Aehr Test Systems EV-to-EBITDA Related Terms


Aehr Test Systems EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Aehr Test Systems's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aehr Test Systems EV-to-EBITDA Chart

Aehr Test Systems Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.91 22.25 62.23 25.41 -190.41

Aehr Test Systems Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -190.41 -144.97 -80.85 -97.53 -272.53

AEHR vs COHU, AMBA, ICHR: EV-to-EBITDA Comparison

For the Semiconductor Equipment & Materials subindustry, Aehr Test Systems's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aehr Test Systems EV-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Aehr Test Systems's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aehr Test Systems's EV-to-EBITDA falls into.


AEHR
67GF Score
Aehr Test Systems AEHR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aehr Test Systems EV-to-EBITDA Calculation

Aehr Test Systems's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3147.090/-10.613
=-296.53

Aehr Test Systems's current Enterprise Value is $3,147.09 Mil.
Aehr Test Systems's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.61 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -296.53 mean?
Aehr Test Systems (AEHR) has a EV-to-EBITDA of -296.53 as of Aug. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aehr Test Systems. According to the industry distribution chart, Aehr Test Systems ranks #999999 out of 754 companies in the Semiconductors industry.
Is Aehr Test Systems' EV-to-EBITDA too high?
Aehr Test Systems' current EV-to-EBITDA is -296.53. Based on the distribution chart, Aehr Test Systems ranks #999999 out of 754 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Aehr Test Systems has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aehr Test Systems' EV-to-EBITDA compare to COHU and AMBA?
According to the Semiconductors industry distribution chart, Aehr Test Systems ranks #999999 out of 754 companies for EV-to-EBITDA. This places Aehr Test Systems in the lower half of its industry. The industry median EV-to-EBITDA is 24.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 24.86, based on 754 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aehr Test Systems. For the Semiconductors industry, the median EV-to-EBITDA is 24.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aehr Test Systems's current EV-to-EBITDA is -296.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aehr Test Systems stock overvalued right now?
Based on GuruFocus' analysis, Aehr Test Systems (AEHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.83, compared to a current price of $99.74 — trading 621.2% above its estimated fair value. The current EV-to-EBITDA is -296.53. Aehr Test Systems' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Aehr Test Systems (AEHR), the current EV-to-EBITDA is -296.53 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aehr Test Systems (AEHR) Overvalued in 2026?

Based on GuruFocus' analysis, Aehr Test Systems stock appears to be overvalued. The current stock price of $99.74 is trading 621.2% above its estimated GF Value™ of $13.83. GuruFocus considers Aehr Test Systems to be Significantly Overvalued.

Key valuation signals for AEHR:

  • EV-to-EBITDA: -296.53
  • GF Value™: $13.83 vs. price of $99.74 (621.2% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the AEHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aehr Test Systems Business Description

Other Exchanges AYB:Germany
Address 400 Kato Terrace, Fremont, CA, USA, 94539
Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets. The Company operates in one business segment, the designing, manufacturing, marketing and selling of advanced test and burn-in products to the semiconductor manufacturing industry in several geographic areas. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several inventive products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.
67GF Score

Get the complete analysis for AEHR

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$99.74
Price
$13.83
GF Value