AEHR (Aehr Test Systems) Asset Turnover: 0.07 (As of Feb. 2026)


AEHR Aehr Test Systems AEHR
62 GF Score
Price $91.81
GF Value $14.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Aehr Test Systems Asset Turnover?

Aehr Test Systems AEHR -7.10% 62 Asset Turnover is 0.07 as of Feb. 2026. GuruFocus rates AEHR with a GF Score™ of 62/100 and a GF Value™ of $14.36 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Aehr Test Systems's Revenue for the three months ended in Feb. 2026 was $10.31 Mil. Aehr Test Systems's Total Assets for the quarter that ended in Feb. 2026 was $152.89 Mil. Therefore, Aehr Test Systems's Asset Turnover for the quarter that ended in Feb. 2026 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Aehr Test Systems's annualized ROE % for the quarter that ended in Feb. 2026 was -9.51%. It is also linked to ROA % through Du Pont Formula. Aehr Test Systems's annualized ROA % for the quarter that ended in Feb. 2026 was -8.38%.

Aehr Test Systems  (NAS:AEHR) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Aehr Test Systems's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=-12.812/134.784
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12.812 / 41.252)*(41.252 / 152.89)*(152.89/ 134.784)
=Net Margin %*Asset Turnover*Equity Multiplier
=-31.06 %*0.2698*1.1343
=ROA %*Equity Multiplier
=-8.38 %*1.1343
=-9.51 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Aehr Test Systems's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=-12.812/152.89
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-12.812 / 41.252)*(41.252 / 152.89)
=Net Margin %*Asset Turnover
=-31.06 %*0.2698
=-8.38 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 2026) revenue data.

* 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.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Aehr Test Systems Asset Turnover Related Terms

Aehr Test Systems Asset Turnover Historical Data

* Premium members only.

The historical data trend for Aehr Test Systems's Asset Turnover 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 Asset Turnover Chart

Aehr Test Systems Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.21 0.81 0.59 0.43

Aehr Test Systems Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Asset Turnover 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 0.13 0.10 0.08 0.07 0.07

AEHR vs AMBA, ICHR, COHU: Asset Turnover Comparison

For the Semiconductor Equipment & Materials subindustry, Aehr Test Systems's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Aehr Test Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Aehr Test Systems's Asset Turnover falls into.


AEHR
62GF Score
Aehr Test Systems AEHR
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aehr Test Systems Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Aehr Test Systems's Asset Turnover for the fiscal year that ended in May. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2025 )/( (Total Assets (A: May. 2024 )+Total Assets (A: May. 2025 ))/ count )
=58.968/( (127.912+148.508)/ 2 )
=58.968/138.21
=0.43

Aehr Test Systems's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=10.313/( (148.734+157.046)/ 2 )
=10.313/152.89
=0.07

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.07 mean?
Aehr Test Systems (AEHR) has a Asset Turnover of 0.07 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Aehr Test Systems and its competitors.
Is Aehr Test Systems' Asset Turnover too high?
Aehr Test Systems' current Asset Turnover is 0.07. Overall, Aehr Test Systems has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aehr Test Systems' Asset Turnover compare to AMBA and ICHR?
Aehr Test Systems' Asset Turnover of 0.07 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Semiconductors company?
A good Asset Turnover depends on the Semiconductors industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Aehr Test Systems and its competitors. Aehr Test Systems's current Asset Turnover is 0.07. 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 $14.36, compared to a current price of $91.81 — trading 539.3% above its estimated fair value. The current Asset Turnover is 0.07. Aehr Test Systems' overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Aehr Test Systems (AEHR), the current Asset Turnover is 0.07 as of Feb. 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 $91.81 is trading 539.3% above its estimated GF Value™ of $14.36. GuruFocus considers Aehr Test Systems to be Significantly Overvalued.

Key valuation signals for AEHR:

  • Asset Turnover: 0.07
  • GF Value™: $14.36 vs. price of $91.81 (539.3% above fair value)
  • GF Score™: 62/100 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.
62GF Score

Get the complete analysis for AEHR

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

$91.81
Price
$14.36
GF Value