AEIS

Advanced Energy Industries, Inc.

Fundamental data last updated:June 8, 2026

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company profile

SECTOR

Industrials

industry

Electrical Equipment & Parts

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

08/04/2026

Business Summary

Advanced Energy Industries, Inc. designs, manufactures, sells, and supports precision power conversion, measurement, and control solutions worldwide. It offers plasma power solutions, including direct current (DC), pulsed DC, low frequency alternating current, high voltage, and radio frequency (RF) power supplies, as well as RF power supplies, RF matching networks, and RF instrumentation products; and remote plasma sources for reactive gas applications. The company also provides power control modules and thermal instrumentation products for rapid thermal processing, chemical vapor deposition, epitaxy, crystal growing, and chemical processing, as well as metal, carbon fiber, and glass manufacturing and other industrial power applications; high voltage DC-DC products for semiconductor wafer processing and metrology, electrostatic clamping of substrates, scientific instrumentation, mass spectrometry, and X-ray systems for industrial and analytical applications; and low voltage DC-DC board mounted solutions for use in healthcare, telecommunications, test and measurement, instrumentation, and industrial equipment applications, as well as distributed power in server and storage systems. In addition, it offers gas sensing and monitoring products for the energy market, air quality monitoring, and automobile emission monitoring and testing; and embedded power products for medical equipment or IEC 60950-1 for information technology equipment. Further, it offers conversions, upgrades, and refurbishments and used equipment to companies, as well as repair services. The company provides its products through a direct sales force, independent sales representatives, channel partners, and distributors. Advanced Energy Industries, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.

 


VALUATION

P/E

59.52

Market Cap ($M USD)

$11.44B

Forward P/E

22.96

PEG

0.14

PRICE TO SALES

6.00

PRICE TO BOOK

8.19

EV / EBITDA

42.43

5-Year Average P/E

Free Cash Flow Yield

0.60%

DCF Value

$60.02

Graham Number

$64.61

Price to FCF

167.48

EV to FCF

167.24

Earnings Yield

1.68%

FCF Yield

0.60%

DIVIDEND

Yield

0.13%

Annual Payout

$0.40

Payout Ratio

8.19%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$5.05

Next Year EPS Growth Estimate

$13.10

Next Year Revenue Growth Estimate

$286.51B

Return on Equity (ROE)

14.35%

FREE CASH FLOW

Operating Margin

11.33%

Debt-to-Equity

0.50

Piotroski F-Score

7

Altman Z-Score

8.13

Return on Invested Capital (ROIC)

13.55%

Current Ratio

1.59

Quick Ratio

1.13

Net Debt to EBITDA

-0.06

Interest Coverage

14.10

Gross Profit margin

38.69%

FCF PER SHARE

$1.81

REVENUE PER SHARE

$50.54

Gainseekers Quantitative Analysis

Summary

The market’s current valuation of AEIS appears to be a classic case of “priced for perfection.” With a Price/Earnings ratio soaring above 70 and a Price/Book near 10, the stock trades significantly above its DCF Value and Graham Number. However, the Forward P/E of 27 suggests expectations of substantial earnings growth, supported by a robust Altman Z-score of 8.67, indicating financial stability. The Earnings Yield is a paltry 1.41%, raising questions about immediate returns, yet the company’s safety and growth prospects seem well-supported by its metrics.

AI Exposure / Tech Reliance

Operating within the Electrical Equipment & Parts industry, AEIS is strategically positioned to leverage advancements in AI and modern technology. Its focus on industrial applications allows it to integrate cutting-edge tech solutions, enhancing operational efficiency. This adaptability is crucial in maintaining a competitive edge in a rapidly evolving market landscape.

The Bull Case

For the discerning GARP investor, AEIS presents a compelling opportunity. The company boasts a strong ROIC of 13.55%, indicating efficient capital allocation and robust profitability. A Piotroski F-Score of 7 highlights solid financial health, while an Operating Margin of 11.33% underscores its pricing power. Despite a low FCF Yield, the firm's ability to generate cash flow and maintain a healthy balance sheet makes it an attractive prospect for those seeking growth at a reasonable price.

The Bear Case

Despite its strengths, AEIS is not without significant risks. The stock's valuation multiples, such as a Price/Sales ratio over 7 and an EV to EBITDA of 50, suggest it is overextended. Trading close to its 52-week high, the technical indicators signal potential overvaluation. Furthermore, a Price to FCF ratio nearing 199 highlights concerns about cash flow sustainability, making it vulnerable to market corrections.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$362.50

Institutional Ownership %

1-Year Beta

1.40

Insider Buying % (6 Mo)

Distance to 52-Week High

32.14%

Distance to 52-Week Low

62.54%

EARNINGS SURPRISE %

6.09%

50-DAY SMA

$348.95

200-DAY SMA

$252.28

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.