(AEIS) Advanced Energy Industries - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0079731008

Stock: Power Supplies, Plasma Generators, Sensors, Test Equipment, Repair Services

Total Rating 71
Risk 98
Buy Signal 0.68

EPS (Earnings per Share)

EPS (Earnings per Share) of AEIS over the last years for every Quarter: "2020-12": 1.49, "2021-03": 1.29, "2021-06": 1.25, "2021-09": 0.89, "2021-12": 1.36, "2022-03": 1.24, "2022-06": 1.44, "2022-09": 2.12, "2022-12": 1.7, "2023-03": 1.24, "2023-06": 1.11, "2023-09": 1.28, "2023-12": 1.24, "2024-03": 0.58, "2024-06": 0.85, "2024-09": 0.98, "2024-12": 1.3, "2025-03": 1.23, "2025-06": 1.5, "2025-09": 1.74, "2025-12": 0,

Revenue

Revenue of AEIS over the last years for every Quarter: 2020-12: 370.969, 2021-03: 351.62, 2021-06: 361.311, 2021-09: 346.093, 2021-12: 396.93, 2022-03: 397.459, 2022-06: 440.949, 2022-09: 516.274, 2022-12: 490.74, 2023-03: 425.04, 2023-06: 415.508, 2023-09: 409.991, 2023-12: 405.271, 2024-03: 327.5, 2024-06: 364.9, 2024-09: 374.217, 2024-12: 415.403, 2025-03: 404.6, 2025-06: 441.5, 2025-09: 463.3, 2025-12: null,

Dividends

Dividend Yield 0.29%
Yield on Cost 5y 0.35%
Yield CAGR 5y 0.00%
Payout Consistency 96.7%
Payout Ratio 9.0%
Risk 5d forecast
Volatility 46.9%
Relative Tail Risk -7.84%
Reward TTM
Sharpe Ratio 1.86
Alpha 113.82
Character TTM
Beta 1.957
Beta Downside 1.861
Drawdowns 3y
Max DD 39.87%
CAGR/Max DD 1.10

Description: AEIS Advanced Energy Industries January 08, 2026

Advanced Energy Industries (AEIS) designs and manufactures precision power conversion, measurement, and control products that serve semiconductor fabrication, industrial production, medical, data-center, networking, and telecommunications equipment. Its portfolio includes plasma power systems for dry-etch and deposition, high- and low-voltage supplies for a broad range of equipment, and sensing/instrumentation solutions for power and temperature calibration, complemented by aftermarket services such as refurbishments, repairs, and upgrades.

In FY 2023 the company generated roughly $1.3 billion in revenue, up about 12 % year-over-year, with an operating margin near 14 %, reflecting strong pricing power in a market where semiconductor fab spending is projected to grow ~6 % CAGR through 2029. AEIS benefits from the secular shift toward advanced nodes and the “China-plus-one” strategy, which is driving new fab construction in the United States and Europe-key tailwinds for its plasma and power-supply product lines. The firm’s R&D spend, roughly 8 % of revenue, is focused on expanding its high-efficiency, low-emissions power solutions, positioning it to capture growth in both mature and emerging process technologies.

For a deeper quantitative assessment, you may find ValueRay’s analyst tools useful.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income: 145.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA 2.83 > 1.0
NWC/Revenue: 65.87% < 20% (prev 71.62%; Δ -5.75% < -1%)
CFO/TA 0.10 > 3% & CFO 233.6m > Net Income 145.0m
Net Debt (-75.8m) to EBITDA (227.1m): -0.33 < 3
Current Ratio: 4.10 > 1.5 & < 3
Outstanding Shares: last quarter (38.5m) vs 12m ago 2.58% < -2%
Gross Margin: 37.60% > 18% (prev 0.35%; Δ 3725 % > 0.5%)
Asset Turnover: 74.49% > 50% (prev 67.12%; Δ 7.37% > 0%)
Interest Coverage Ratio: 10.39 > 6 (EBITDA TTM 227.1m / Interest Expense TTM 15.7m)

Altman Z'' 6.00

A: 0.47 (Total Current Assets 1.50b - Total Current Liabilities 366.5m) / Total Assets 2.44b
B: 0.45 (Retained Earnings 1.09b / Total Assets 2.44b)
C: 0.07 (EBIT TTM 163.6m / Avg Total Assets 2.32b)
D: 0.96 (Book Value of Equity 1.09b / Total Liabilities 1.13b)
Altman-Z'' Score: 6.00 = AAA

Beneish M -3.06

DSRI: 0.99 (Receivables 299.5m/259.4m, Revenue 1.72b/1.47b)
GMI: 0.94 (GM 37.60% / 35.16%)
AQI: 0.92 (AQ_t 0.24 / AQ_t-1 0.26)
SGI: 1.17 (Revenue 1.72b / 1.47b)
TATA: -0.04 (NI 145.0m - CFO 233.6m) / TA 2.44b)
Beneish M-Score: -3.06 (Cap -4..+1) = AA

What is the price of AEIS shares?

As of February 08, 2026, the stock is trading at USD 273.26 with a total of 566,648 shares traded.
Over the past week, the price has changed by +7.01%, over one month by +18.96%, over three months by +24.73% and over the past year by +142.29%.

Is AEIS a buy, sell or hold?

Advanced Energy Industries has received a consensus analysts rating of 4.18. Therefore, it is recommended to buy AEIS.
  • StrongBuy: 6
  • Buy: 1
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the AEIS price?

Issuer Target Up/Down from current
Wallstreet Target Price 263 -3.8%
Analysts Target Price 263 -3.8%
ValueRay Target Price 364.2 33.3%

AEIS Fundamental Data Overview February 07, 2026

P/E Trailing = 67.0938
P/E Forward = 43.8596
P/S = 5.6381
P/B = 7.4327
P/EG = 0.41
Revenue TTM = 1.72b USD
EBIT TTM = 163.6m USD
EBITDA TTM = 227.1m USD
Long Term Debt = 566.8m USD (from longTermDebt, last quarter)
Short Term Debt = 17.9m USD (from shortTermDebt, last quarter)
Debt = 682.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -75.8m USD (from netDebt column, last quarter)
Enterprise Value = 9.65b USD (9.72b + Debt 682.8m - CCE 758.8m)
Interest Coverage Ratio = 10.39 (Ebit TTM 163.6m / Interest Expense TTM 15.7m)
EV/FCF = 63.92x (Enterprise Value 9.65b / FCF TTM 150.9m)
FCF Yield = 1.56% (FCF TTM 150.9m / Enterprise Value 9.65b)
FCF Margin = 8.75% (FCF TTM 150.9m / Revenue TTM 1.72b)
Net Margin = 8.41% (Net Income TTM 145.0m / Revenue TTM 1.72b)
Gross Margin = 37.60% ((Revenue TTM 1.72b - Cost of Revenue TTM 1.08b) / Revenue TTM)
Gross Margin QoQ = 38.83% (prev 37.01%)
Tobins Q-Ratio = 3.96 (Enterprise Value 9.65b / Total Assets 2.44b)
Interest Expense / Debt = 0.62% (Interest Expense 4.20m / Debt 682.8m)
Taxrate = 11.28% (5.90m / 52.3m)
NOPAT = 145.2m (EBIT 163.6m * (1 - 11.28%))
Current Ratio = 4.10 (Total Current Assets 1.50b / Total Current Liabilities 366.5m)
Debt / Equity = 0.52 (Debt 682.8m / totalStockholderEquity, last quarter 1.31b)
Debt / EBITDA = -0.33 (Net Debt -75.8m / EBITDA 227.1m)
Debt / FCF = -0.50 (Net Debt -75.8m / FCF TTM 150.9m)
Total Stockholder Equity = 1.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.26% (Net Income 145.0m / Total Assets 2.44b)
RoE = 11.60% (Net Income TTM 145.0m / Total Stockholder Equity 1.25b)
RoCE = 9.01% (EBIT 163.6m / Capital Employed (Equity 1.25b + L.T.Debt 566.8m))
RoIC = 8.00% (NOPAT 145.2m / Invested Capital 1.82b)
WACC = 12.30% (E(9.72b)/V(10.41b) * Re(13.12%) + D(682.8m)/V(10.41b) * Rd(0.62%) * (1-Tc(0.11)))
Discount Rate = 13.12% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.21%
[DCF Debug] Terminal Value 66.11% ; FCFF base≈120.1m ; Y1≈133.4m ; Y5≈174.2m
Fair Price DCF = 44.83 (EV 1.62b - Net Debt -75.8m = Equity 1.69b / Shares 37.7m; r=12.30% [WACC]; 5y FCF grow 12.78% → 2.90% )
EPS Correlation: -42.15 | EPS CAGR: -47.24% | SUE: -4.0 | # QB: 0
Revenue Correlation: -16.36 | Revenue CAGR: 4.21% | SUE: 2.00 | # QB: 4
EPS next Quarter (2026-03-31): EPS=1.66 | Chg30d=-0.050 | Revisions Net=+4 | Analysts=10
EPS next Year (2026-12-31): EPS=7.83 | Chg30d=+0.046 | Revisions Net=+1 | Growth EPS=+25.3% | Growth Revenue=+12.8%

Additional Sources for AEIS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle