Aehr Free Cash Flow per Share vs Net Income Analysis

AEHR Stock  USD 12.46  1.29  11.55%   
Aehr Test financial indicator trend analysis is way more than just evaluating Aehr Test Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aehr Test Systems is a good investment. Please check the relationship between Aehr Test Free Cash Flow Per Share and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aehr Test Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Free Cash Flow Per Share vs Net Income

Free Cash Flow per Share vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aehr Test Systems Free Cash Flow per Share account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aehr Test's Free Cash Flow per Share and Net Income is 0.82. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Net Income in the same time period over historical financial statements of Aehr Test Systems, assuming nothing else is changed. The correlation between historical values of Aehr Test's Free Cash Flow per Share and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of Aehr Test Systems are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow per Share i.e., Aehr Test's Free Cash Flow per Share and Net Income go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Aehr Test Systems financial statement analysis. It represents the amount of money remaining after all of Aehr Test Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Aehr Test's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aehr Test Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aehr Test Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
At this time, Aehr Test's Tax Provision is relatively stable compared to the past year. As of 03/28/2024, Enterprise Value Multiple is likely to grow to 63.14, while Selling General Administrative is likely to drop slightly above 8.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit23.7M32.7M37.7M39.5M
Total Revenue50.8M65.0M74.7M78.4M

Aehr Test fundamental ratios Correlations

0.570.530.910.980.96-0.830.080.970.940.94-0.210.990.970.830.650.990.10.890.920.961.0-0.30.480.70.79
0.570.240.630.470.65-0.25-0.010.60.480.650.020.560.460.510.770.580.290.510.770.650.560.040.340.550.58
0.530.240.670.570.47-0.460.490.610.450.550.490.460.650.270.080.560.630.270.530.470.530.17-0.050.170.72
0.910.630.670.860.86-0.680.350.940.810.870.160.870.910.640.510.910.410.680.940.860.90.040.370.520.88
0.980.470.570.860.91-0.890.020.920.950.92-0.240.980.960.840.560.960.060.90.850.910.98-0.30.440.720.73
0.960.650.470.860.91-0.660.10.960.820.99-0.230.930.930.790.720.970.080.850.921.00.95-0.310.380.670.83
-0.83-0.25-0.46-0.68-0.89-0.660.18-0.7-0.95-0.660.31-0.88-0.8-0.79-0.38-0.760.05-0.84-0.65-0.66-0.840.29-0.52-0.71-0.42
0.08-0.010.490.350.020.10.180.26-0.10.120.75-0.010.18-0.44-0.070.140.66-0.370.220.10.070.18-0.08-0.580.59
0.970.60.610.940.920.96-0.70.260.840.95-0.070.930.970.710.640.980.240.780.940.960.96-0.240.380.580.89
0.940.480.450.810.950.82-0.95-0.10.840.8-0.290.970.890.850.580.880.020.910.830.820.95-0.280.570.770.58
0.940.650.550.870.920.99-0.660.120.950.8-0.170.910.920.770.690.960.140.820.910.990.94-0.260.330.650.86
-0.210.020.490.16-0.24-0.230.310.75-0.07-0.29-0.17-0.29-0.11-0.48-0.4-0.160.87-0.53-0.04-0.23-0.210.69-0.39-0.480.3
0.990.560.460.870.980.93-0.88-0.010.930.970.91-0.290.940.840.670.960.020.910.910.930.99-0.330.550.730.71
0.970.460.650.910.960.93-0.80.180.970.890.92-0.110.940.780.530.970.20.830.870.930.97-0.260.360.640.82
0.830.510.270.640.840.79-0.79-0.440.710.850.77-0.480.840.780.50.81-0.170.980.670.790.83-0.20.330.960.4
0.650.770.080.510.560.72-0.38-0.070.640.580.69-0.40.670.530.50.63-0.080.60.780.720.64-0.570.630.480.52
0.990.580.560.910.960.97-0.760.140.980.880.96-0.160.960.970.810.630.130.860.920.970.98-0.270.420.660.83
0.10.290.630.410.060.080.050.660.240.020.140.870.020.2-0.17-0.080.13-0.20.270.080.10.48-0.21-0.140.52
0.890.510.270.680.90.85-0.84-0.370.780.910.82-0.530.910.830.980.60.86-0.20.740.850.89-0.350.450.920.46
0.920.770.530.940.850.92-0.650.220.940.830.91-0.040.910.870.670.780.920.270.740.920.92-0.20.530.570.85
0.960.650.470.860.911.0-0.660.10.960.820.99-0.230.930.930.790.720.970.080.850.920.95-0.310.380.670.83
1.00.560.530.90.980.95-0.840.070.960.950.94-0.210.990.970.830.640.980.10.890.920.95-0.30.490.70.77
-0.30.040.170.04-0.3-0.310.290.18-0.24-0.28-0.260.69-0.33-0.26-0.2-0.57-0.270.48-0.35-0.2-0.31-0.3-0.56-0.14-0.06
0.480.34-0.050.370.440.38-0.52-0.080.380.570.33-0.390.550.360.330.630.42-0.210.450.530.380.49-0.560.30.23
0.70.550.170.520.720.67-0.71-0.580.580.770.65-0.480.730.640.960.480.66-0.140.920.570.670.7-0.140.30.26
0.790.580.720.880.730.83-0.420.590.890.580.860.30.710.820.40.520.830.520.460.850.830.77-0.060.230.26
Click cells to compare fundamentals

Aehr Test Account Relationship Matchups

Aehr Test fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.6M21.7M62.3M98.1M112.9M118.5M
Other Current Liab1.4M2.2M3.6M4.1M3.7M1.9M
Total Current Liabilities3.9M9.1M11.0M16.3M18.8M19.7M
Total Stockholder Equity14.1M11.4M51.0M75.6M68.0M71.4M
Property Plant And Equipment Net2.8M2.3M2.1M8.9M10.2M10.7M
Net Debt(1.5M)241K(30.5M)(23.8M)(21.4M)(20.3M)
Retained Earnings(74.3M)(76.3M)(66.9M)(52.3M)(47.1M)(49.4M)
Accounts Payable945K2.9M4.2M9.2M10.6M11.1M
Cash5.4M4.6M31.5M30.1M34.6M36.3M
Non Current Assets Total2.9M2.5M2.3M9.1M8.2M8.6M
Non Currrent Assets Other73K118K121K81K72.9K69.3K
Cash And Short Term Investments5.4M4.6M31.5M47.9M55.1M57.8M
Net Receivables3.7M5.2M12.9M16.6M19.1M20.0M
Common Stock Shares Outstanding22.9M23.5M27.8M29.2M33.6M35.3M
Liabilities And Stockholders Equity20.6M21.7M62.3M98.1M112.9M118.5M
Non Current Liabilities Total2.7M1.2M325K6.2M7.2M7.5M
Inventory8.0M8.8M15.1M23.9M27.5M28.9M
Other Current Assets512K551K613K621K558.9K861.9K
Other Stockholder Equity85.9M87.6M117.7M127.8M146.9M154.3M
Total Liab6.5M10.2M11.3M22.5M25.9M27.2M
Property Plant And Equipment Gross2.8M2.3M2.1M8.9M10.2M10.7M
Total Current Assets17.7M19.2M60.0M89.0M102.4M107.5M
Accumulated Other Comprehensive Income2.2M(28K)(105K)(155K)(178.3K)(169.3K)
Current Deferred Revenue170K189K2.4M2.8M3.2M3.4M
Common Stock Total Equity221K227K231K237K272.6K286.2K
Common Stock231K237K271K285K327.8K344.1K
Other Liab22K148K113K72K64.8K61.6K
Other Assets153K198K201K231K207.9K380.5K
Property Plant Equipment2.8M2.3M2.1M8.9M10.2M10.7M
Net Tangible Assets14.1M11.4M51.0M75.6M86.9M91.3M
Retained Earnings Total Equity(66.2M)(71.5M)(74.3M)(76.3M)(68.7M)(72.1M)
Capital Surpluse85.9M87.6M117.7M127.8M146.9M85.6M
Deferred Long Term Liab522K342K22K99K113.9K173.1K

Aehr Test Investors Sentiment

The influence of Aehr Test's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Aehr. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Aehr Test's public news can be used to forecast risks associated with an investment in Aehr. The trend in average sentiment can be used to explain how an investor holding Aehr can time the market purely based on public headlines and social activities around Aehr Test Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Aehr Test's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Aehr Test's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Aehr Test's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aehr Test.

Aehr Test Implied Volatility

    
  90.23  
Aehr Test's implied volatility exposes the market's sentiment of Aehr Test Systems stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aehr Test's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aehr Test stock will not fluctuate a lot when Aehr Test's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aehr Test in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aehr Test's short interest history, or implied volatility extrapolated from Aehr Test options trading.

Pair Trading with Aehr Test

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aehr Test position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aehr Test will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aehr Stock

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Moving against Aehr Stock

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The ability to find closely correlated positions to Aehr Test could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aehr Test when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aehr Test - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aehr Test Systems to buy it.
The correlation of Aehr Test is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aehr Test moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aehr Test Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aehr Test can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Aehr Test Systems is a strong investment it is important to analyze Aehr Test's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aehr Test's future performance. For an informed investment choice regarding Aehr Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aehr Test Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Aehr Test Systems information on this page should be used as a complementary analysis to other Aehr Test's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Aehr Test's price analysis, check to measure Aehr Test's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aehr Test is operating at the current time. Most of Aehr Test's value examination focuses on studying past and present price action to predict the probability of Aehr Test's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aehr Test's price. Additionally, you may evaluate how the addition of Aehr Test to your portfolios can decrease your overall portfolio volatility.
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Is Aehr Test's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aehr Test. If investors know Aehr will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aehr Test listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.538
Earnings Share
0.71
Revenue Per Share
2.866
Quarterly Revenue Growth
0.447
Return On Assets
0.1409
The market value of Aehr Test Systems is measured differently than its book value, which is the value of Aehr that is recorded on the company's balance sheet. Investors also form their own opinion of Aehr Test's value that differs from its market value or its book value, called intrinsic value, which is Aehr Test's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aehr Test's market value can be influenced by many factors that don't directly affect Aehr Test's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aehr Test's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aehr Test is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aehr Test's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.