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

$17.33+0.35(0.02%)Market closed

Market Cap

$258.42M

P/E

40.5x

P/S

1.1x

P/B

1.6x

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: 51/100

Strongest: Growth (19/25); weakest: Cash & Earnings Quality (4/25).

Profitability13/25

Growth19/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality4/25

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 · 40.5x5y range 10.5x – 2619.6x

Currently above its 17-quarter median.

P/S · 1.1x5y range 0.6x – 1.5x

Currently above its 20-quarter median.

P/B · 1.6x5y 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

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $258.42M

Metrics at a Glance

as of May 2026

Revenue & Profit

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

TTM Revenue: $228.56M
Q. Revenue: $66.20M
TTM EBITDA: $10.25M
TTM Op. Income: $6.46M
Q. Op. Income: $3.87M
TTM Net Income: $6.38M
Q. Net Income: $3.70M
EPS: $0.253
Shares Out.: $14.66M

$228.56M in TTM revenue grew 9.4% YoY, reaching $66.20M last quarter. TTM EBITDA of $10.25M and TTM operating income of $6.46M show growth is flowing through to the bottom line. TTM net income of $6.38M 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: 31.2%
EBITDA Margin: 7.2%
Op. Margin: 5.8%
Net Margin: 5.6%

Op. margin of 5.8% is up 4.6% YoY — cost efficiency is improving. Net margin at 5.6% and gross margin of 31.2% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 40.5x
P/S Ratio: 1.1x
P/B Ratio: 1.6x

At 40.5x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.1x and P/B of 1.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 5 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

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

Total Assets: $202.02M
Cash: $31.78M
Long-Term Debt: N/A
Book Value: $163.70M
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: $2.14M
TTM Free Cash Flow: $-3.62M
FCF Margin: -1.6%
FCF / Net Income: -0.6

TTM FCF of $-3.62M on $2.14M in operating cash flow. The FCF / Net Income ratio of -0.6x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 147% — an improving trend.