Advanced Energy Industries AEIS
United StatesIndustrials · Electrical Equipment & PartsUSD
429.08 USD (+46.8%)
12 analysts
Trading 2120.30 €Open account ↗
Lightyear0.90 €Open account ↗
N260.90 €Open account ↗
XTB1.00 €★ featured · affiliateOpen account ↗Trading 2120.30 €Open account ↗Lightyear0.90 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
Advanced Energy Industries (AEIS) designs and manufactures precision power conversion and control equipment for industrial applications, primarily in semiconductors, flat panels, and other high-tech markets.
Key points
from its scores- ✓Good share-price trend9.2
- ✓Strong growth8.9
- ✓Very solid balance sheet7.6
- ✕Demanding valuation2.0
- ✕Little or no dividend2.5
AI analysis
bottom line, main risk, context and newsStrong growth and a clean balance sheet justify a premium, but the P/E of 54 and low cash conversion warrant caution before buying at these levels.
AEIS shows exceptional growth (revenue +30%, earnings +93.4%) and solid financial health with net cash, but its valuation is very demanding (P/E 54.12, EV/EBITDA 33.10) and free cash flow conversion is weak (9.68%), limiting the appeal at these prices.
The extremely demanding valuation (P/E 54.12) leaves little room for error: any slowdown in the semiconductor cycle or earnings growth could trigger a significant correction.
Context and risks
No recent relevant news and no material exposure to current macro factors (rates, oil, shipping routes, or tariffs) directly affecting its power conversion equipment business. The rise in long-term US rates is a market factor already reflected in its valuation multiple, not a company-specific risk.
Is Advanced Energy Industries stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 121% above the Industrials median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 54.1 | 25.4 | +113% |
| EV / EBITDA | 33.1 | 14.5 | +128% |
| Price / book | 8.0 | 4.1 | +98% |
| Price / sales | 5.7 | 2.1 | +179% |
Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 2.0 out of 10 (median for Industrials: 5.0).
Average analyst target: 429.08 USD, +46.8% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 4.9 (sector 5.8), Growth 8.9 (sector 6.6).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Industrials medianValuation
- P/E
- 54.1
- Forward P/E
- 19.1
- EV / EBITDA
- 33.1
- Price / book
- 8.0
- Price / sales
- 5.7
- PEG
- 2.77
- Market cap
- 11.7B USD
- Enterprise value
- 11.7B USD
Profitability
- ROE
- 16.3%
- ROA
- 6.3%
- ROIC (approx.)
- 12.2%
- Gross margin
- 40.0%
- Operating margin
- 17.0%
- Net margin
- 10.8%
- Free cash flow
- 34.2M USD
- FCF yield
- 0.3%
- Cash conversion
- 10%
Solvency
- Total debt
- 1.4B USD
- Net debt
- −19.7M USD
- Cash
- 1.4B USD
- EBITDA
- 353.0M USD
- Net debt / EBITDA
- −0.06
- Debt / equity
- 94.57
- Current ratio
- 3.79
- Quick ratio
- 2.83
Growth
- Revenue growth
- +30.0%
- Earnings growth
- +93.4%
- EPS (TTM)
- 5.40 USD
- EPS (forward)
- 15.34 USD
Dividend
- Dividend yield
- 0.1%
- Payout
- 7.4%
Risk and market
- Beta
- 1.31
- Analyst consensus
- Strong buy (12)
- Target price
- 429.08 USD
- 52-week range
- 169.36 – 397.44
Recent news
All AEIS news →Compare it with its sector
All 388 in Industrials →Frequently asked questions about Advanced Energy Industries
Is Advanced Energy Industries stock cheap or expensive?
On P/E and EV / EBITDA, it trades 121% above the Industrials median on average. Valuation score: 2.0 out of 10 (median for Industrials: 5.0). Average analyst target: 429.08 USD, +46.8% versus the price. This is not investment advice.
What score does Advanced Energy Industries get on MeridIAn Screener?
It scores 5.2 out of 10, rank 1,568 of 2,130 (better than 24% of the companies analysed). Its strongest category is Momentum (9.2) and its weakest, Valuation (2.0). Analysis of 08/10/2026.
What is Advanced Energy Industries's P/E ratio?
Its P/E is 54.1: the share price equals 54.1 times earnings per share over the last 12 months. The Industrials median is 25.4. Based on the earnings analysts expect, the forward P/E is 19.1.
How much is Advanced Energy Industries worth on the stock market?
Its market capitalisation is 11.7B USD and its enterprise value, debt included, is 11.7B USD.
How much debt does Advanced Energy Industries have?
It has more cash than debt: net cash of 19.7M USD.
Does Advanced Energy Industries pay a dividend?
Yes: its dividend yield is 0.14% and it pays out 7% of its earnings.
How has Advanced Energy Industries stock performed over the last year?
It has risen 72.6% over the last year, excluding dividends. Over the last 52 weeks it has traded between 169.36 and 397.44 USD. Past performance does not guarantee future results.
What do analysts think of Advanced Energy Industries?
12 analysts cover it; their average recommendation is “Strong buy” and their average target is 429.08 USD (+46.8% versus the price). It is an estimate, not market data.