How does AEMF.F's PS Ratio compare to its peers?

AEMF.F is good value based on its Price-To-Sales Ratio (1.2x) compared to the peer average (2.4x).

How does AEMF.F's PS Ratio compare vs other companies in the US Semiconductor Industry?

AEMF.F is good value based on its Price-To-Sales Ratio (1.2x) compared to the US Semiconductor industry average (4x).

What is AEMF.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate AEMF.F's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of AEMF.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

AEMF.F ($0.66) is trading below our estimate of [[fair value]] ($28.07)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

AEMF.F Stock Overview

Provides application-specific intelligent system tests and handling solutions for semiconductor and electronics companies. More details

AEMF.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 97.7% below our estimate of its fair value

Earnings are forecast to grow 85.12% per year

Risk Analysis

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

AEM Holdings Ltd. Competitors

Aehr Test Systems

NasdaqCM:AEHR

US$404.8m

AXT

NasdaqGS:AXTI

US$94.8m

SolarEdge Technologies

NasdaqGS:SEDG

US$802.0m

Ichor Holdings

NasdaqGS:ICHR

US$1.1b

Price History & Performance

Summary of share price highs, lows and changes for AEM Holdings
Historical stock prices
Current Share Price	S$0.66
52 Week High	S$2.22
52 Week Low	S$0.66
Beta	0.62
1 Month Change	-36.96%
3 Month Change	-36.96%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-70.45%

Recent updates

Shareholder Returns

	AEMF.F	US Semiconductor	US Market
7D	0%	-1.6%	-3.5%
1Y	n/a	66.2%	22.1%

Return vs Industry: Insufficient data to determine how AEMF.F performed against the US Semiconductor industry.

Return vs Market: Insufficient data to determine how AEMF.F performed against the US Market.

Price Volatility

Is AEMF.F's price volatile compared to industry and market?
AEMF.F volatility
AEMF.F Average Weekly Movement	n/a
Semiconductor Industry Average Movement	7.6%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: AEMF.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine AEMF.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2000	2,576	Amy Leong	aem.com.sg

AEM Holdings Ltd., together with its subsidiaries, provides application-specific intelligent system tests and handling solutions for semiconductor and electronics companies. It operates through Test Cell Solutions, Instrumentation, Contract Manufacturing, and Others segments. The company offers handling solutions comprising system-level, wafer-level, and packaged-level tests; test platforms, test manipulators, test instruments, software, and other services; test interface solutions consisting of manual actuators, receptacles, load board storage, docking, and custom test fixtures; TestPro CV100 multifunction cable tester, network service assistant, mixed mode multiport vector network analyzer-200, connector test system, and AHT-128 cable harness tester solutions; and contract manufacturing services for PCBA, wire-harness and interconnect systems, box build, and equipment manufacturing.

AEM Holdings Ltd. Fundamentals Summary

How do AEM Holdings's earnings and revenue compare to its market cap?
AEMF.F fundamental statistics
Market cap	US$303.62m
Earnings (TTM)	-US$3.57m
Revenue (TTM)	US$251.40m

1.2x

P/S Ratio

-85.0x

P/E Ratio

Is AEMF.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AEMF.F income statement (TTM)
Revenue	S$342.12m
Cost of Revenue	S$299.34m
Gross Profit	S$42.78m
Other Expenses	S$47.64m
Earnings	-S$4.86m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.016
Gross Margin	12.50%
Net Profit Margin	-1.42%
Debt/Equity Ratio	18.4%

How did AEMF.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 10:06
End of Day Share Price	2024/12/06 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AEM Holdings Ltd. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Thomas Murphy	CGS International
Jame Osman	Citigroup Inc
Lee Keng Ling	DBS Bank Ltd

AEM Holdings OTCPK:AEMF.F Stock Report