AEIS
ADVANCED ENERGY INDUSTRIES INC
Next earnings Aug 3, 2026 (after close) · consensus $2.24 EPS, $554M rev
Last earnings -0.5% on 2026-05-04
$311.27
▼ -10.59%$311.27▲ +135.67%
over 1Y
L $132.08H $388.93
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-10.6%
1W-17.0%
1M-0.3%
3M-6.3%
YTD+40.3%
1Y+135.7%
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 18 analysts
Buy
AI data-center boom drove revenue +21.4% and EPS +168.5%, but a 97x P/E already prices the recovery.
Revenue $1.80B · FY2025
The read
Middling fundamentals and a rich price (~53% above fair value) leave little margin of safety — a wait-and-see.
Advanced Energy is executing a genuine cyclical and structural turnaround. FY2025 revenue rebounded to $1.80B (+21.4% YoY), with management attributing the gain to more than a doubling of Data Center Computing revenue tied to AI demand. The leverage on that growth was dramatic: operating income jumped to $168M (+359.0%), net income reached $148M (+173.8%), and diluted EPS rose to $3.84 (+168.5%). The company is also executing a manufacturing cost-improvement program, ceasing Zhongshan operations and standing up a new Thailand factory, while operating cash flow climbed to $233M (+78.4%).
The balance sheet is solid for a hold. Stockholders' equity is $1.36B against total liabilities of $1.18B (liabilities/equity 0.86x), cash is $791M, and retained earnings sit at $1.13B. The company sustains a $0.10 quarterly dividend ($15.6M for FY2025) and bought back $30.2M of stock. ROE of 10.9% is respectable but not exceptional, and net margin of 8.2% leaves room to improve toward prior-cycle peaks.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:44 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.46B | $1.85B | $1.66B | $1.48B | $1.80B |
| Gross profit | $532M | $676M | $592M | $529M | $677M |
| Operating income | $152M | $233M | $114M | $36.6M | $168M |
| Net income | $135M | $200M | $128M | $54.2M | $148M |
| Diluted EPS | $3.51 | $5.29 | $3.40 | $1.43 | $3.84 |
| Net margin | 9.3% | 10.8% | 7.7% | 3.7% | 8.2% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$12.8B
EV / EBITDA55.6
EV / Sales7.1
EV / FCF101.7
P / FCF98.9
PEG (trailing)0.47
Earnings yield1.2%
FCF yield1.0%
Quality & risk
ROIC (est.)5.3%
Free cash flow$126M
Total debt$1.14B
Net cash-$344M
Altman Z-Score8.18 safe
Piotroski F-Score7/9
Capital returns
Buyback yield0.2%
Dividend yield (est.)0.1%
Shareholder yield0.4%
Shares Δ YoY+0.1%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-06-152026-06-17open ↗144Filing2026-06-15open ↗8-KPeriod ending 2026-06-122026-06-12open ↗S-3ASRFiling2026-06-10open ↗SDFiling2026-06-01open ↗8-KPeriod ending 2026-05-132026-05-18open ↗144Filing2026-05-15open ↗8-KPeriod ending 2026-05-132026-05-14open ↗8-KPeriod ending 2026-05-132026-05-13open ↗S-8Filing2026-05-08open ↗S-8Filing2026-05-08open ↗8-KPeriod ending 2026-05-072026-05-08open ↗
Frequently asked
- Is ADVANCED ENERGY INDUSTRIES INC (AEIS) a buy?
- AEIS currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. AI data-center boom drove revenue +21.4% and EPS +168.5%, but a 97x P/E already prices the recovery.
- What is AEIS's fair value?
- A Modified-Graham model based on AEIS's SEC fundamentals estimates a fair value of about $145.92. It is an estimate from reported earnings, not a price target.
- Is AEIS overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, AEIS currently appears overvalued relative to its SEC-grounded earnings power.
- What is ADVANCED ENERGY INDUSTRIES INC's quality score?
- AEIS scores 67.04965129686067/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000927003, latest 10-Q filed 2026-05-04) · EODHD · Proprietary analysis · as of 6/21/2026, 8:44:18 PM.
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