Richardson Electronics (RELL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Richardson Electronics

NasdaqGS•Technology•Electronic Components

$19.71+0.71(0.04%)Pre-market

Market Cap

$290.22M

P/E

34.0x

P/S

1.2x

P/B

1.7x

Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications, including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology. This segment also provides thyratrons and rectifiers, power tubes, ignitrons, magnetrons, phototubes, microwave generators, ultracapacitor modules, and liquid crystal display monitors under the Amperex, Cetron, and National brands. The Green Energy Solutions segment operates as a designer, manufacturer, technology partner, and distributor of products for green energy applications, such as wind, solar, hydrogen, and electric vehicles; and other power management applications that support green solutions comprising synthetic diamond manufacturing. Its Canvys segment provides custom display solutions consisting of touch screens, protective panels, custom enclosures, all-in-one computers, specialized cabinet finishes and application-specific software packages, and certification. The company serves energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company was founded in 1947 and is headquartered in LaFox, Illinois.

How this company scores

AverageMetricSide Score: 56/100

Strongest: Growth (21/25); weakest: Cash & Earnings Quality (5/25).

Profitability15/25

Growth21/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality5/25

Strengths

Rising earningsInterest easily coveredProfit converts from growthConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 34.0x5y range 10.5x – 2619.6x

Currently above its 17-quarter median.

P/S · 1.2x5y range 0.6x – 1.5x

Currently above its 20-quarter median.

P/B · 1.7x5y range 0.8x – 2.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.3x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $290.22M

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $238.88M
Q. Revenue: $64.92M
TTM EBITDA: $14.34M
TTM Op. Income: $10.61M
Q. Op. Income: $5.12M
TTM Net Income: $8.53M
Q. Net Income: $4.06M
EPS: $0.28
Shares Out.: $14.70M

$238.88M in TTM revenue grew 13.9% YoY, reaching $64.92M last quarter. TTM EBITDA of $14.34M and TTM operating income of $10.61M show growth is flowing through to the bottom line. TTM net income of $8.53M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 34.6%
EBITDA Margin: 9.3%
Op. Margin: 7.9%
Net Margin: 6.3%

Op. margin of 7.9% is up 6.1% YoY — cost efficiency is improving. Net margin at 6.3% and gross margin of 34.6% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 34.0x
P/S Ratio: 1.2x
P/B Ratio: 1.7x

At 34.0x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.2x and P/B of 1.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 6 quarters, P/E has fallen for 4 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $211.69M
Cash: $36.91M
Long-Term Debt: N/A
Book Value: $169.22M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $5.87M
TTM Free Cash Flow: $213,000
FCF Margin: 0.1%
FCF / Net Income: 0.0

TTM FCF of $213,000 on $5.87M in operating cash flow. The FCF / Net Income ratio of 0.0x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.