(FEIM) Frequency Electronics - Overview
Sector: Technology | Industry: Communication Equipment | Exchange: NASDAQ (USA) | Market Cap: 589m USD | Total Return: 256.6% in 12m
Avg Turnover: 7.43M
Rev. Trend: 95.8%
Warnings
P/E ratio 82.0
Overextended 3d Choppy
Tailwinds
Leader, Tailwind
Frequency Electronics, Inc. (FEIM) specializes in the engineering and production of precision time and frequency control systems. Operating through its FEI-NY and FEI-Zyfer segments, the company provides essential components for microwave integrated circuits, communication satellites, and military hardware. Its product portfolio includes GPS technologies for secure government communications and synchronization tools for terrestrial telecommunications, including 5G infrastructure.
The company operates within the high-barrier-to-entry aerospace and defense electronics sector, where precision timing is a critical requirement for orbital stability and secure data transmission. FEIM utilizes a vertically integrated business model, managing the design, manufacturing, and technical support of its components to meet rigorous military and space-grade specifications. Investors looking for deeper insights into these technical fundamentals may find ValueRays analytical tools useful for further due diligence. Established in 1961, the firm maintains a global footprint with operations across the United States, Europe, and Asia.
- U.S. government contract awards for satellite and space-based timing systems
- Defense budget allocations for secure military communications and radar technology
- Scalability of precision frequency products for terrestrial 5G infrastructure deployment
- Backlog conversion rates and manufacturing efficiency at the FEI-NY facility
- Global supply chain stability for high-reliability microwave integrated circuit components
| Net Income: 7.20m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA -10.81 > 1.0 |
| NWC/Revenue: 47.74% < 20% (prev 41.72%; Δ 6.01% < -1%) |
| CFO/TA -0.01 > 3% & CFO -934k > Net Income 7.20m |
| Net Debt (8.04m) to EBITDA (8.68m): 0.93 < 3 |
| Current Ratio: 2.60 > 1.5 & < 3 |
| Outstanding Shares: last quarter (9.76m) vs 12m ago 1.33% < -2% |
| Gross Margin: 37.95% > 18% (prev 0.44%; Δ 3.75k% > 0.5%) |
| Asset Turnover: 75.09% > 50% (prev 75.67%; Δ -0.58% > 0%) |
| Interest Coverage Ratio: 72.82 > 6 (EBITDA TTM 8.68m / Interest Expense TTM 91.0k) |
| A: 0.34 (Total Current Assets 52.6m - Total Current Liabilities 20.2m) / Total Assets 94.2m |
| B: 0.08 (Retained Earnings 7.66m / Total Assets 94.2m) |
| C: 0.07 (EBIT TTM 6.63m / Avg Total Assets 90.3m) |
| D: 0.52 (Book Value of Equity 17.6m / Total Liabilities 33.9m) |
| Altman-Z'' = 3.56 = A |
| DSRI: 1.37 (Receivables 25.4m/17.9m, Revenue 67.8m/65.4m) |
| GMI: 1.16 (GM 37.95% / 44.16%) |
| AQI: 0.98 (AQ_t 0.28 / AQ_t-1 0.29) |
| SGI: 1.04 (Revenue 67.8m / 65.4m) |
| TATA: 0.09 (NI 7.20m - CFO -934k) / TA 94.2m) |
| Beneish M = -2.47 (Cap -4..+1) = BBB |
As of May 25, 2026, the stock is trading at USD 59.89 with a total of 137,349 shares traded.
Over the past week, the price has changed by +18.94%,
over one month by +29.84%,
over three months by +48.46% and
over the past year by +256.63%.
Frequency Electronics has no consensus analysts rating.
| Analysts Target Price | 65 | 8.5% |
P/E Forward = 14.245
P/S = 8.6918
P/B = 9.7565
P/EG = 1.2489
Revenue TTM = 67.8m USD
EBIT TTM = 6.63m USD
EBITDA TTM = 8.68m USD
Long Term Debt = 5.99m USD (estimated: total debt 8.13m - short term 2.15m)
Short Term Debt = 2.15m USD (from shortTermDebt, last quarter)
Debt = 8.13m USD (from shortLongTermDebtTotal, last quarter) (leases 8.13m already included)
Net Debt = 8.04m USD (calculated: Debt 8.13m - CCE 86.0k)
Enterprise Value = 597.5m USD (589.4m + Debt 8.13m - CCE 86.0k)
Interest Coverage Ratio = 72.82 (Ebit TTM 6.63m / Interest Expense TTM 91.0k)
EV/FCF = -128.0x (Enterprise Value 597.5m / FCF TTM -4.67m)
FCF Yield = -0.78% (FCF TTM -4.67m / Enterprise Value 597.5m)
FCF Margin = -6.88% (FCF TTM -4.67m / Revenue TTM 67.8m)
Net Margin = 10.62% (Net Income TTM 7.20m / Revenue TTM 67.8m)
Gross Margin = 37.95% ((Revenue TTM 67.8m - Cost of Revenue TTM 42.1m) / Revenue TTM)
Gross Margin QoQ = 39.23% (prev 38.16%)
Tobins Q-Ratio = 6.34 (Enterprise Value 597.5m / Total Assets 94.2m)
Interest Expense / Debt = 1.12% (Interest Expense 91.0k / Debt 8.13m)
Taxrate = 21.0% (US default 21%)
NOPAT = 5.24m (EBIT 6.63m * (1 - 21.00%))
Current Ratio = 2.60 (Total Current Assets 52.6m / Total Current Liabilities 20.2m)
Debt / Equity = 0.13 (Debt 8.13m / totalStockholderEquity, last quarter 60.2m)
Debt / EBITDA = 0.93 (Net Debt 8.04m / EBITDA 8.68m)
Debt / FCF = -1.72 (negative FCF - burning cash) (Net Debt 8.04m / FCF TTM -4.67m)
Total Stockholder Equity = 57.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.97% (Net Income 7.20m / Total Assets 94.2m)
RoE = 12.49% (Net Income TTM 7.20m / Total Stockholder Equity 57.7m)
RoCE = 10.41% (EBIT 6.63m / Capital Employed (Equity 57.7m + L.T.Debt 5.99m))
RoIC = 6.87% (NOPAT 5.24m / Invested Capital 76.2m)
WACC = 8.80% (E(589.4m)/V(597.6m) * Re(8.91%) + D(8.13m)/V(597.6m) * Rd(1.12%) * (1-Tc(0.21)))
Discount Rate = 8.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.88 | Cagr: 1.69%
[DCF] Fair Price = unknown (Cash Flow -4.67m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 95.75 | Revenue CAGR: 21.24% | SUE: N/A | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.28 | Chg30d=+0.00% | Revisions=-33% | Analysts=2
[Analyst] Revisions Ratio: -33%