(FEIM) Frequency Electronics - Ratings and Ratios
Oscillator, Clock, Synthesizer, Receiver, GPS, Rubidium
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 81.7% |
| Value at Risk 5%th | 103% |
| Relative Tail Risk | -23.25% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.70 |
| Alpha | 163.23 |
| CAGR/Max DD | 3.61 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.637 |
| Beta | 1.184 |
| Beta Downside | 0.303 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.93% |
| Mean DD | 7.95% |
| Median DD | 6.25% |
Description: FEIM Frequency Electronics October 29, 2025
Frequency Electronics Inc. (NASDAQ: FEIM) designs, develops, manufactures, markets, and sells precision time- and frequency-control components used in microwave integrated circuits. The business is split into two operating segments: FEI-NY, which supplies timing products for communication satellites, terrestrial cellular networks, and U.S. military systems, and provides related engineering support; and FEI-Zyfer, which focuses on GPS-based secure-communication technologies, commercial locator solutions, and wireline telecom gear-including components for the emerging US 5G rollout. The company, founded in 1961, is headquartered at Mitchel Field, New York, and serves customers across the United States, Europe, and Asia.
Key recent metrics (FY 2023): revenue of roughly $115 million, a gross margin of 38 %, and R&D intensity near 12 % of sales-both above the median for the Electronic Equipment & Instruments sub-industry, reflecting the firm’s emphasis on high-precision, defense-linked product development. The segment’s exposure to satellite-constellation growth is a material driver; the global satellite-communications market is projected to expand at a CAGR of ~9 % through 2030, bolstering demand for FEIM’s timing solutions. Additionally, U.S. defense spending on space-based assets has risen 7 % YoY, providing a tailwind for the FEI-NY military contracts.
Sector-level considerations: the broader electronics-equipment market is sensitive to semiconductor supply-chain constraints and macro-level capital-expenditure cycles in telecom and defense. A slowdown in 5G infrastructure deployment could modestly pressure the FEI-Zyfer segment, whereas continued rollout of low-Earth-orbit constellations (e.g., Starlink, OneWeb) offers upside upside potential for precision timing demand.
For a deeper quantitative assessment of FEIM’s valuation and risk profile, the ValueRay platform provides a granular, data-driven view that can help you test these assumptions further.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (21.0m TTM) > 0 and > 6% of Revenue (6% = 4.19m TTM) |
| FCFTA -0.07 (>2.0%) and ΔFCFTA -23.47pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 44.74% (prev 38.94%; Δ 5.80pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.03 (>3.0%) and CFO -3.14m <= Net Income 21.0m (YES >=105%, WARN >=100%) |
| Net Debt (5.41m) to EBITDA (9.17m) ratio: 0.59 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.59 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (9.76m) change vs 12m ago 1.83% (target <= -2.0% for YES) |
| Gross Margin 39.22% (prev 39.38%; Δ -0.16pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 82.16% (prev 77.39%; Δ 4.78pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 70.28 (EBITDA TTM 9.17m / Interest Expense TTM 96.0k) >= 6 (WARN >= 3) |
Altman Z'' 3.47
| (A) 0.34 = (Total Current Assets 50.9m - Total Current Liabilities 19.7m) / Total Assets 92.3m |
| (B) 0.07 = Retained Earnings (Balance) 6.09m / Total Assets 92.3m |
| (C) 0.08 = EBIT TTM 6.75m / Avg Total Assets 85.0m |
| (D) 0.47 = Book Value of Equity 15.9m / Total Liabilities 33.8m |
| Total Rating: 3.47 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 64.43
| 1. Piotroski 4.50pt |
| 2. FCF Yield -2.31% |
| 3. FCF Margin -9.07% |
| 4. Debt/Equity 0.14 |
| 5. Debt/Ebitda 0.59 |
| 6. ROIC - WACC (= 2.28)% |
| 7. RoE 37.87% |
| 8. Rev. Trend 81.93% |
| 9. EPS Trend 65.29% |
What is the price of FEIM shares?
Over the past week, the price has changed by +2.39%, over one month by +96.24%, over three months by +70.61% and over the past year by +193.72%.
Is FEIM a buy, sell or hold?
What are the forecasts/targets for the FEIM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 38 | -30.6% |
| Analysts Target Price | 38 | -30.6% |
| ValueRay Target Price | 73.6 | 34.4% |
FEIM Fundamental Data Overview December 28, 2025
P/E Trailing = 12.1184
P/S = 7.8793
P/B = 9.4155
Beta = 0.362
Revenue TTM = 69.9m USD
EBIT TTM = 6.75m USD
EBITDA TTM = 9.17m USD
Long Term Debt = 8.40m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.08m USD (from shortTermDebt, last quarter)
Debt = 8.40m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.41m USD (from netDebt column, last quarter)
Enterprise Value = 274.8m USD (269.4m + Debt 8.40m - CCE 2.99m)
Interest Coverage Ratio = 70.28 (Ebit TTM 6.75m / Interest Expense TTM 96.0k)
FCF Yield = -2.31% (FCF TTM -6.34m / Enterprise Value 274.8m)
FCF Margin = -9.07% (FCF TTM -6.34m / Revenue TTM 69.9m)
Net Margin = 30.12% (Net Income TTM 21.0m / Revenue TTM 69.9m)
Gross Margin = 39.22% ((Revenue TTM 69.9m - Cost of Revenue TTM 42.5m) / Revenue TTM)
Gross Margin QoQ = 38.16% (prev 36.79%)
Tobins Q-Ratio = 2.98 (Enterprise Value 274.8m / Total Assets 92.3m)
Interest Expense / Debt = 0.26% (Interest Expense 22.0k / Debt 8.40m)
Taxrate = -1.75% (negative due to tax credits) (-31.0k / 1.77m)
NOPAT = 6.87m (EBIT 6.75m * (1 - -1.75%)) [negative tax rate / tax credits]
Current Ratio = 2.59 (Total Current Assets 50.9m / Total Current Liabilities 19.7m)
Debt / Equity = 0.14 (Debt 8.40m / totalStockholderEquity, last quarter 58.5m)
Debt / EBITDA = 0.59 (Net Debt 5.41m / EBITDA 9.17m)
Debt / FCF = -0.85 (negative FCF - burning cash) (Net Debt 5.41m / FCF TTM -6.34m)
Total Stockholder Equity = 55.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.80% (Net Income 21.0m / Total Assets 92.3m)
RoE = 37.87% (Net Income TTM 21.0m / Total Stockholder Equity 55.6m)
RoCE = 10.55% (EBIT 6.75m / Capital Employed (Equity 55.6m + L.T.Debt 8.40m))
RoIC = 12.36% (NOPAT 6.87m / Invested Capital 55.6m)
WACC = 10.07% (E(269.4m)/V(277.8m) * Re(10.38%) + D(8.40m)/V(277.8m) * Rd(0.26%) * (1-Tc(-0.02)))
Discount Rate = 10.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.90%
Fair Price DCF = unknown (Cash Flow -6.34m)
EPS Correlation: 65.29 | EPS CAGR: 8.98% | SUE: -1.65 | # QB: 0
Revenue Correlation: 81.93 | Revenue CAGR: 9.36% | SUE: N/A | # QB: 0
EPS next Quarter (2026-01-31): EPS=0.32 | Chg30d=-0.150 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-04-30): EPS=1.09 | Chg30d=-0.590 | Revisions Net=-1 | Growth EPS=-56.0% | Growth Revenue=-2.2%
EPS next Year (2027-04-30): EPS=1.35 | Chg30d=-0.400 | Revisions Net=-1 | Growth EPS=+23.8% | Growth Revenue=+17.9%
Additional Sources for FEIM Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle