INTT vs COHU vs FORM vs AEHR

For growth investors, Cohu, Inc.

(COHU) is the stronger pick with 12. 7% revenue growth year-over-year, versus -12. 9% for inTEST Corporation (INTT). FormFactor, Inc. (FORM) offers the better valuation at 209. 7x trailing P/E (66. 5x forward), making it the more compelling value choice. Analysts rate inTEST Corporation (INTT) a "Buy" — based on 5 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On forward P/E, inTEST Corporation is actually cheaper at 39.

9x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, Aehr Test Systems (AEHR) delivered a total return of +38.

9%, compared to +22. 2% for Cohu, Inc. (COHU). Over 10 years, the gap is even starker: AEHR returned +70. 3% versus INTT's +327. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), inTEST Corporation (INTT) is the lower-risk stock at 1.

19β versus Aehr Test Systems's 4. 77β — meaning AEHR is approximately 300% more volatile than INTT relative to the S&P 500. On balance sheet safety, FormFactor, Inc. (FORM) carries a lower debt/equity ratio of 4% versus 46% for Cohu, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Cohu, Inc.

(COHU) is pulling ahead at 12. 7% versus -12. 9% for inTEST Corporation (INTT). On earnings-per-share growth, the picture is similar: Aehr Test Systems grew EPS 0. 0% year-over-year, compared to -187. 5% for inTEST Corporation. Over a 3-year CAGR, AEHR leads at 5. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

FormFactor, Inc.

(FORM) is the more profitable company, earning 6. 9% net margin versus -16. 4% for Cohu, Inc. — meaning it keeps 6. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FORM leads at 8. 2% versus -13. 3% for COHU. At the gross margin level — before operating expenses — INTT leads at 43. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, inTEST Corporation (INTT) trades at 39.

9x forward P/E versus 89. 2x for Cohu, Inc. — 49. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for COHU: 4. 8% to $49. 75.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, FormFactor, Inc.

(FORM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+1952% 10Y return). Aehr Test Systems (AEHR) carries a higher beta of 4. 77 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (FORM: +1952%, AEHR: +70. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.