(RELL) Richardson Electronics - Overview
Stock: Power, Microwave, Display, Healthcare, Green Energy
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.87% |
| Yield on Cost 5y | 4.18% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 94.6% |
| Payout Ratio | 68.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 53.4% |
| Relative Tail Risk | -10.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.08 |
| Alpha | -30.22 |
| Character TTM | |
|---|---|
| Beta | 1.304 |
| Beta Downside | 1.462 |
| Drawdowns 3y | |
|---|---|
| Max DD | 65.77% |
| CAGR/Max DD | -0.28 |
Description: RELL Richardson Electronics January 18, 2026
Richardson Electronics Ltd (NASDAQ: RELL) designs, manufactures and distributes engineered solutions across four primary segments: Power & Microwave Technologies (electron tubes, RF and microwave components for semiconductor equipment, broadcast, radar, and medical applications), Green Energy Solutions (products for wind, solar, hydrogen, EVs and synthetic-diamond power management), Canvys (custom touch-screen displays, enclosures and software), and Healthcare (CT/MRI replacement parts, service training and related amplifiers). The firm serves a broad customer base that includes energy, aerospace, communications, industrial, marine, military, scientific and semiconductor markets, operating globally from its headquarters in La Fox, Illinois.
In FY 2023 the company reported revenue of roughly $300 million, with the Power & Microwave segment contributing about 55 % of sales and delivering an operating margin near 12 %. The Green Energy Solutions line has been the fastest-growing segment, posting a 24 % YoY revenue increase driven by rising capex in renewable-energy projects. Backlog levels at the end of 2023 were estimated at $120 million, indicating a multi-quarter order pipeline that can smooth short-term demand volatility.
Key macro drivers include the ongoing semiconductor fab expansion, which sustains demand for high-power RF and microwave tubes, and the accelerating global shift toward clean-energy infrastructure that underpins growth in the Green Energy Solutions segment. Conversely, the company’s exposure to capital-intensive industries makes it sensitive to cyclical downturns in industrial equipment spending and to foreign-exchange fluctuations given its diversified geographic footprint.
For a concise, data-driven snapshot of RELL’s valuation and risk profile, the ValueRay platform provides a useful starting point for further analysis.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 806.0k TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -3.01 > 1.0 |
| NWC/Revenue: 61.20% < 20% (prev 63.48%; Δ -2.28% < -1%) |
| CFO/TA 0.03 > 3% & CFO 5.94m > Net Income 806.0k |
| Net Debt (-31.4m) to EBITDA (3.71m): -8.47 < 3 |
| Current Ratio: 4.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (12.6m) vs 12m ago 2.65% < -2% |
| Gross Margin: 31.07% > 18% (prev 0.31%; Δ 3077 % > 0.5%) |
| Asset Turnover: 107.1% > 50% (prev 104.0%; Δ 3.14% > 0%) |
| Interest Coverage Ratio: -0.13 > 6 (EBITDA TTM 3.71m / Interest Expense TTM -1.16m) |
Altman Z'' 7.52
| A: 0.64 (Total Current Assets 171.5m - Total Current Liabilities 41.4m) / Total Assets 201.8m |
| B: 0.39 (Retained Earnings 79.4m / Total Assets 201.8m) |
| C: -0.00 (EBIT TTM -145.0k / Avg Total Assets 198.5m) |
| D: 1.92 (Book Value of Equity 83.0m / Total Liabilities 43.3m) |
| Altman-Z'' Score: 7.52 = AAA |
Beneish M -2.87
| DSRI: 1.02 (Receivables 27.4m/25.8m, Revenue 212.6m/203.0m) |
| GMI: 0.98 (GM 31.07% / 30.50%) |
| AQI: 1.26 (AQ_t 0.05 / AQ_t-1 0.04) |
| SGI: 1.05 (Revenue 212.6m / 203.0m) |
| TATA: -0.03 (NI 806.0k - CFO 5.94m) / TA 201.8m) |
| Beneish M-Score: -2.87 (Cap -4..+1) = A |
What is the price of RELL shares?
Over the past week, the price has changed by -5.52%, over one month by -1.01%, over three months by +11.34% and over the past year by -10.73%.
Is RELL a buy, sell or hold?
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the RELL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 12 | 5.6% |
| Analysts Target Price | 12 | 5.6% |
| ValueRay Target Price | 11.4 | 0.7% |
RELL Fundamental Data Overview February 04, 2026
P/E Forward = 26.5957
P/S = 0.8024
P/B = 1.1076
P/EG = 1.7754
Revenue TTM = 212.6m USD
EBIT TTM = -145.0k USD
EBITDA TTM = 3.71m USD
Long Term Debt = 1.74m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.04m USD (from shortTermDebt, last quarter)
Debt = 1.74m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -31.4m USD (from netDebt column, last quarter)
Enterprise Value = 139.2m USD (170.6m + Debt 1.74m - CCE 33.1m)
Interest Coverage Ratio = -0.13 (Ebit TTM -145.0k / Interest Expense TTM -1.16m)
EV/FCF = 71.60x (Enterprise Value 139.2m / FCF TTM 1.94m)
FCF Yield = 1.40% (FCF TTM 1.94m / Enterprise Value 139.2m)
FCF Margin = 0.91% (FCF TTM 1.94m / Revenue TTM 212.6m)
Net Margin = 0.38% (Net Income TTM 806.0k / Revenue TTM 212.6m)
Gross Margin = 31.07% ((Revenue TTM 212.6m - Cost of Revenue TTM 146.5m) / Revenue TTM)
Gross Margin QoQ = 30.75% (prev 31.00%)
Tobins Q-Ratio = 0.69 (Enterprise Value 139.2m / Total Assets 201.8m)
Interest Expense / Debt = 8.27% (Interest Expense 144.0k / Debt 1.74m)
Taxrate = 21.0% (US default 21%)
NOPAT = -114.5k (EBIT -145.0k * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.14 (Total Current Assets 171.5m / Total Current Liabilities 41.4m)
Debt / Equity = 0.01 (Debt 1.74m / totalStockholderEquity, last quarter 158.5m)
Debt / EBITDA = -8.47 (Net Debt -31.4m / EBITDA 3.71m)
Debt / FCF = -16.15 (Net Debt -31.4m / FCF TTM 1.94m)
Total Stockholder Equity = 156.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.41% (Net Income 806.0k / Total Assets 201.8m)
RoE = 0.51% (Net Income TTM 806.0k / Total Stockholder Equity 156.9m)
RoCE = -0.09% (EBIT -145.0k / Capital Employed (Equity 156.9m + L.T.Debt 1.74m))
RoIC = -0.07% (negative operating profit) (NOPAT -114.5k / Invested Capital 156.9m)
WACC = 10.68% (E(170.6m)/V(172.3m) * Re(10.72%) + D(1.74m)/V(172.3m) * Rd(8.27%) * (1-Tc(0.21)))
Discount Rate = 10.72% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -5.44%
[DCF Debug] Terminal Value 59.21% ; FCFF base≈4.27m ; Y1≈2.80m ; Y5≈1.28m
Fair Price DCF = 3.89 (EV 17.2m - Net Debt -31.4m = Equity 48.6m / Shares 12.5m; r=10.68% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -68.07 | EPS CAGR: -22.37% | SUE: 0.12 | # QB: 0
Revenue Correlation: -55.33 | Revenue CAGR: -1.49% | SUE: 0.63 | # QB: 0
EPS current Year (2026-05-31): EPS=0.22 | Chg30d=+0.020 | Revisions Net=+1 | Growth EPS=+0.0% | Growth Revenue=+3.5%
EPS next Year (2027-05-31): EPS=0.55 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+150.0% | Growth Revenue=+14.0%