Aehr Test Systems develops test and burn-in equipment for semiconductors. Its systems stress devices under controlled conditions to identify early failures, including in silicon carbide power semiconductors and other demanding applications. It sells test platforms, contactors, and related consumables to device manufacturers seeking improved screening and reliability.
Aehr Test Systems (AEHR) has a MarketKingdoms composite score of 62.7 (B-), an B-range rating. It ranks 1064th of 1,866 covered companies, 141st of 176 in Technology (sector average 67.1) and 20th of 21 in Semiconductor Equipment & Materials. Scores as of 2026-10-25.
Its strongest lenses are KPI momentum at 93 (Technology average 84) and Industry opportunity at 92 (Technology average 88). Its weakest lenses are Quality (profitability) at 12 (sector average 50) and Price (valuation) at 25 (sector average 50).
| Lens | Type | AEHR | Technology average | Semiconductor Equipment & Materials average | Percentile in sector |
|---|---|---|---|---|---|
| Industry opportunity | Research signal | 92 | 88 | 92 | 94th |
| Stock selection | Research signal | 88 | 82 | 85 | 91st |
| KPI momentum | Research signal | 93 | 84 | 88 | 94th |
| Catalyst watch | Research signal | 79 | 76 | 78 | 66th |
| Price (valuation) | Fundamental lens | 25 | 50 | 44 | 16th |
| Expansion (growth) | Fundamental lens | 61 | 51 | 56 | 66th |
| Quality (profitability) | Fundamental lens | 12 | 50 | 47 | 5th |
| Trend (momentum) | Fundamental lens | 48 | 50 | 43 | 46th |
The most recent call analysed was held on 2026-07-14 (fiscal 2026 Q4). MarketKingdoms checks what management promised on each call against what it later delivered.
The stock's valuation gap is -48.4%: its price is well below the path its market, sector and industry moves explain (strongly undervalued versus the model path). Factor sensitivity: market beta 1.67, sector beta 0.43, industry beta 1.56; the factor model explains 68% of its moves (R²).
| Company | Composite | Grade | Valuation gap |
|---|---|---|---|
| ASML Holding N.V. (ASML) | 74.7 | B+ | -14.4% |
| Teradyne, Inc. (TER) | 74.4 | B+ | -10.7% |
| Lam Research Corporation (LRCX) | 74.2 | B+ | -7.3% |
| Kulicke and Soffa Industries, Inc. (KLIC) | 73.2 | B+ | -1.9% |
| Onto Innovation Inc. (ONTO) | 72.3 | B+ | -35.3% |
| Applied Materials, Inc. (AMAT) | 71.3 | B+ | -9.0% |
| Camtek Ltd. (CAMT) | 70.4 | B+ | -33.5% |
| Ichor Holdings Ltd. (ICHR) | 69.9 | B | -40.2% |
Aehr Test Systems financial statements · Technology sector ranking · Semiconductor Equipment & Materials industry ranking · All covered companies
The composite score (0–100, graded A+ to D-) blends research signals from each earnings call with fundamental lenses from SEC filings and market prices. Research signals: Industry opportunity, Stock selection, KPI momentum and Catalyst watch, read from what management said and whether it delivered. Fundamental lenses: Price (valuation), Expansion (growth), Quality (profitability) and Trend (momentum). Scores are recalculated every night and after every earnings call. The valuation gap compares the actual price path with the path the stock's market, sector and industry moves explain; it is a model comparison, not a fair-value estimate.
General information, not investment advice.