Aehr Test Systems (NASDAQ:AEHR) files its latest 10-K with SEC for the fiscal year ended on May 31, 2019. Aehr Test Systems is engaged in the designing, manufacturing and marketing of test and burn-in products to the semiconductor manufacturing industry in several geographic areas. Aehr Test Systems has a market cap of $29.790 million; its shares were traded at around $1.32 with and P/S ratio of 1.40. GuruFocus has detected 3 severe warning signs with Aehr Test Systems. .
For the last quarter Aehr Test Systems reported a revenue of $7.24 million, compared with the revenue of $7.27 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $21.1 million, a decrease of 28.8% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Aehr Test Systems had an average revenue growth rate of 11.6% a year.
The reported loss per diluted share was 23 cents for the year, compared with the earnings per share of $-0.35 in the previous year. The Aehr Test Systems had an operating margin of -20.3%, compared with the operating margin of 3.1% a year before. The 10-year historical median operating margin of Aehr Test Systems is -27.56%. The profitability rank of the company is 2 (out of 10).
At the end of the fiscal year, Aehr Test Systems has the cash and cash equivalents of $5.43 million, compared with $16.8 million in the previous year. The company had no long term debt. Aehr Test Systems has a financial strength rank of 6 (out of 10).
At the current stock price of $1.32, Aehr Test Systems is traded at close to its historical median P/S valuation band of $1.43. The P/S ratio of the stock is 1.40, while the historical median P/S ratio is 1.52. The stock lost 47.84% during the past 12 months.
For the complete 20-year historical financial data of AEHR, click here.
This article first appeared on GuruFocus.
- Warning! GuruFocus has detected 3 Warning Signs with AEHR. Click here to check it out.
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