Richardson Electronics, Ltd. RELL

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Insider Decisions

Total sells 3.70
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 2 1 3 2 5 7
Insider Ownership 16.61%

Capital & Financial Ratios

Market Cap 230.76
Revenue 228.56
Net Income 6.38
Free Cash Flow (3.62)
Net Debt (31.78)
Current Ratio 4.75
Debt/Equity 0.00
P/E ratio 35.91
P/S ratio 1.03
P/B ratio 1.43
Past 5Y EPS Growth 34.54%
This Y EPS Growth 26.25%
Next Y EPS Growth 46.53%
Next 5Y EPS Growth 163.68%
in millions of $

Dividends

Payout Ratio 0.15
Annual Dividend Rate 0.24
Annual Dividend Yield 2.55%
total individual payouts
2026 0.18
2025 0.24
2024 0.24
2023 0.24
2022 0.24
2021 0.24
2020 0.24
2019 0.24
2018 0.24
2017 0.24
2016 0.24
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 2026
Cash 24.98 24.26 35.90 31.78
Receivables 30.07 24.85 24.12 33.16
Inventory 110.40 110.15 102.80 103.02
Other 2.63
168.08 161.65 165.89 172.73
2023 2024 2025 2026
Payables 23.54 15.46 21.34 19.59
ST’ Debt 1.03
Other 12.03
36.59 32.03 36.79 36.37
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡ ‡‡‡‡‡ ‡‡‡
Earnings ‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Aug Nov Feb May Year
’26
’26 54.61 52.29 55.47 66.20 228.56
’25 53.73 49.49 53.80 51.89 208.91
’24 52.58 44.13 52.38 47.37 196.46
’23 67.56 65.91 70.36 58.83 262.66
’22 53.70 53.98 55.31 61.63 224.62
’21 38.81 42.42 45.24 50.47 176.94
in millions of $

Operating Cash Flow

Aug Nov Feb May Year
’26
’26 1.37 (0.10) (2.65) 2.14 0.76
’25 0.41 5.47 4.60 0.07 10.55
’24 1.02 0.80 (2.53) 7.24 6.52
’23 (3.23) (3.92) (4.26) 3.21 (8.20)
’22 (4.87) 4.63 (1.21) 3.37 1.91
’21 (3.36) 4.43 2.80 (3.04) 0.83
in millions of $

Free Cash Flow

Aug Nov Feb May Year
’26
’26 0.34 (1.70) (3.41) 1.15 (3.62)
’25 (0.51) 4.95 4.05 (0.74) 7.75
’24 (0.13) (0.71) (2.93) 6.26 2.48
’23 (4.67) (5.03) (6.49) 0.81 (15.38)
’22 (5.71) 3.86 (1.77) 2.41 (1.21)
’21 (4.07) 3.87 2.24 (3.83) (1.80)
in millions of $

EPS

Aug Nov Feb May Year
’26
’26 0.13 (0.01) 0.07 0.25 0.44
’25 0.04 (0.05) (0.15) 0.08 (0.08)
’24 0.09 (0.13) 0.05 (0.01) 0.00
’23 0.45 0.39 0.44 0.27 1.55
’22 0.20 0.30 0.21 0.59 1.31
’21 (0.09) 0.05 0.02 0.14 0.13

Target Price Range

High ‡‡‡‡‡ ‡‡‡‡
Average ‡‡‡‡‡ ‡‡‡‡
Low ‡‡‡‡‡ ‡‡‡‡

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
Powerpack only forecast
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
‡‡‡‡ ‡‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡‡ 11.01 10.25 8.08 7.57 9.75
Low Price
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ 27.24 24.97 15.51 15.38 23.15
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 447 485 442 431 429
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.50 0.54 0.44 0.48 0.53
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 224.62 262.66 196.46 208.91 228.56 ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 31.92% 31.86% 30.52% 31.02% 31.22%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 15.76 25.03 0.16 (1.53) 7.48
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 7.02% 9.53% 0.08% (0.73%) 3.27% ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 17.93 22.33 0.06 (1.14) 6.38 ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.42 3.67 4.31 4.00 3.79
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 16.67 18.77 13.77 14.56 15.73 ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ 1.35 1.62 0.00 (0.08) 0.45 ‡‡‡‡‡ ‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.14 (0.59) 0.46 0.74 0.05
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.23) (0.51) (0.28) (0.20) (0.30) ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.09) (1.10) 0.17 0.54 (0.25)
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.08 11.38 11.07 10.92 11.26
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 13.48 14.00 14.27 14.35 14.53 ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡ ‡‡‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡‡‡ 10.35 10.24 0.00 0.00 37.31 ‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.84 0.88 0.81 0.60 1.07 ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.39 1.46 1.01 0.80 1.49 ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.67 0.80 0.70 0.44 0.94 ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (124.71) (13.63) 55.46 11.89 (59.26)
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.91 (8.20) 6.52 10.55 0.76 ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (3.12) (7.18) (4.04) (2.80) (4.38)
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.21) (15.38) 2.48 7.75 (3.62)
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 112.01 131.49 129.62 129.10 136.36
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ 3.02 2.46
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (37.47) (22.52) (24.26) (35.90) (31.78)
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 135.85 159.32 157.95 156.66 163.70
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.65% 11.82% 0.03% (0.59%) 3.21%
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.14% 11.41% 0.16% (1.27%) 3.06%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 13.93% 15.13% 0.04% (0.73%) 3.98%
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Richardson Electronics (RELL), a niche powerhouse in power electronics, RF/microwave systems, and display tech, rode a spectacular growth wave through the early 2020s, with revenues surging from $177 million in 2021 to a peak of $263 million in 2023, fueled by post-pandemic supply crunches, renewable energy booms, and data center demands for its high-voltage capacitors and vacuum tubes. Yet, 2024 delivered a sharp 25% revenue drop to $196 million amid industrial slowdowns and inventory destocking, testing its cyclical vulnerability—but resilient 30%+ gross margins and a pristine balance sheet with zero debt and ample net cash ($22-62 million annually) provide a rock-solid foundation for rebound.

Analysts eye a promising recovery, projecting 6% revenue growth to $209 million in 2025 and 4% more in 2026, with EPS swinging from a slim 2025 loss to $0.26 and $0.55 by 2027, driven by AI-powered grid strains, CHIPS Act tailwinds, and semiconductor upcycles. ROE could rebound to 2-4% margins, supercharged by tripling free cash flow to $32.5 million, enabling buybacks or bolt-on acquisitions in hot areas like medical displays—unlocking 20-30% upside if history’s boom-bust pattern flips bullish again.

Despite bearish insider selling and risks from prolonged slumps or trade tensions, RELL’s high-beta profile shines brightest in innovation-driven recoveries, trading at a 15% premium to targets that scream undervaluation potential. With ROIC legacies like 11.4% and EV/Sales at a dirt-cheap 0.44x forward, this cash fortress is primed for explosive gains—dive into the full analysis for the charts and catalysts that could quadruple shares once more.

Richardson Electronics, Ltd. (RELL) Latest News

News by impact score

Fine-tune

29 Aug

4 www.marketbeat.com, 4:02 PM

Richardson Electronics anticipates fiscal 2027 growth driven by rising semiconductor and energy demand. Projected fiscal 2027 growth tied to semiconductor and energy demand points to major positive effects on future performance.

27 Aug

3 , 5:05 PM

Richardson Electronics carries three major risks that make it a poor choice, with an alternative stock recommended instead. Risk warnings for RELL are likely to pressure investor sentiment and near-term share price.

3 , 9:31 AM

Richardson Electronics, Ltd. (RELL) leverages portfolio strength, positioning the stock as a potential buy. Portfolio strength points to moderately noticeable influence on financial performance and market positioning.

23 Aug

3 , 12:14 AM

Richardson Electronics (RELL) stock fair value rises after analysts endorse a growth inflection. Analyst endorsement of growth inflection raises RELL fair value and may lift near-term investor sentiment.

20 Aug

3 , 11:00 AM

Richardson Electronics, Ltd. (RELL) will deliver energy storage solutions to remote Alaska communities. New energy storage contract in Alaska offers moderate business expansion for RELL.

4 Aug

4 , 12:45 PM

Richardson Electronics, Ltd. adds RESS211 and RESS422 commercial battery energy storage systems to its energy storage portfolio. Significant product launches expand energy storage offerings and can shift company trajectory.

24 Jul

4 , 3:55 AM

RELL posts Q4 results with diversified growth and energy storage initiatives fueling positive momentum. Diversified growth and energy storage advances strengthen RELL's trajectory and investor outlook.

23 Jul

4 , 5:04 PM

Richardson Electronics Ltd (RELL) posted strong revenue growth in Q4 2026 earnings call highlights. Strong revenue growth from earnings call signals major positive shift in financial trajectory and investor outlook.

3 transcript www.marketbeat.com, 1:07 PM

Richardson Electronics Q4 earnings call covered financial results, operational updates and management outlook for the company. Q4 earnings details typically affect short-term sentiment and specific financial metrics without transforming long-term strategy.

3 transcript app.moby.co, 8:30 AM

Richardson Electronics, Ltd. (RELL) released Q4 2026 earnings call details covering financial results, operations, and outlook. Q4 earnings data can shift short-term investor views and operational focus without major structural change.

22 Jul

4 , 4:15 PM

Richardson Electronics reported strong fourth quarter and fiscal 2026 results and declared a quarterly cash dividend. Strong results plus dividend signal improved performance that lifts valuation and investor sentiment.

3 , 5:55 PM

Richardson Electronics (RELL) beat Q4 earnings and revenue estimates. Earnings and revenue beats can lift short-term stock price and investor sentiment but rarely shift long-term company trajectory.

3 , 5:28 PM

Richardson Electronics reported impressive Q2 CY2026 results, driving a 17% stock increase. Strong quarterly earnings can lift near-term sentiment and valuation without reshaping long-term strategy.

8 Jul

3 , 11:00 AM

Richardson Electronics selected to manufacture power supply for C-Motive's new ZeroMag electrostatic motor. New manufacturing contract for innovative motor power supply adds business and potential revenue for Richardson Electronics.

3 Jun

3 , 5:11 PM

Richardson Electronics (NASDAQ:RELL) posted the strongest Q1 results among specialty equipment distributors. Q1 earnings outperformance versus peers can lift near-term sentiment and valuation multiples for RELL.

20 May

4 GlobeNewswire, 11:00 AM

Richardson Electronics, Ltd. (RELL) announces a strategic technology partnership with NoMIS Power to advance silicon carbide solutions. Partnership advances silicon carbide technology development and strengthens Richardson Electronics competitive positioning in power electronics.

13 May

4 GlobeNewswire, 11:00 AM

Richardson Electronics, Ltd. (RELL) announced a technology partnership with Gotion to deliver U.S.-manufactured Battery Energy Storage Systems, combining RELL's power grid solutions with Gotion's battery tech for domestic production. Partnership marks major strategic entry into high-growth U.S. battery energy storage market with domestic manufacturing.

7 May

3 GlobeNewswire, 11:00 AM

Canvys expands 4K display platform for medical applications with new 32-inch monitor. New medical display monitor expands product line, potentially improving revenue and competitive position in healthcare displays.

22 Apr

3 GlobeNewswire, 12:30 PM

Richardson Electronics expands LaserSlat SAVER™ availability to Brazil, enhancing laser cutting efficiency across Latin America. Product expansion into Brazil moderately boosts market reach and efficiency in Latin America without transforming core operations.

15 Apr

3 StockStory, 4:02 AM

Richardson Electronics’ Q1 earnings call featured five must-read analyst questions probing financial performance, market challenges, supply chain issues, and growth outlook. Analyst questions spotlight Q1 financials and operational hurdles with moderate potential to sway investor views on near-term performance.

10 Apr

4 StockStory, 4:14 AM

Richardson Electronics (RELL) Q1 results show growth in semiconductor and energy segments with expanding backlog, positively shaping future outlook. Semiconductor, energy growth, and backlog expansion signal significant positive trajectory shift for RELL.

9 Apr

4 app.moby.co, 8:17 PM

Richardson Electronics, Ltd. released Q3 2026 earnings call summary highlighting financial performance and outlook. Q3 2026 earnings call summary reveals financial results directly affecting investor sentiment and company trajectory.

4 GuruFocus.com, 5:00 PM

Richardson Electronics Ltd (RELL) reported strong sales growth in Q3 2026 earnings call highlights, alongside other positive financial developments. Strong sales growth in Q3 2026 earnings signals significant positive impact on RELL's financial performance and investor sentiment.

3 www.marketbeat.com, 12:04 PM

Richardson Electronics released Q3 earnings call highlights detailing financial results, operational updates, and forward guidance. Q3 earnings highlights cover financial performance with moderately noticeable influence on future outlook and market sentiment.

8 Apr

4 Zacks, 5:25 PM

Richardson Electronics Ltd. (RELL) beat Q3 earnings and revenue estimates. Beating Q3 earnings and revenue estimates boosts financial performance outlook and investor sentiment significantly.

4 StockStory, 4:22 PM

Richardson Electronics reported impressive Q1 CY2026 results, driving its stock to soar. Impressive Q1 CY2026 results triggered a stock surge, signaling significant positive impact on financial performance and investor sentiment.

4 transcript www.fool.com, 2:44 PM

Richardson Electronics (RELL) Q4 2025 earnings call transcript released, covering financial results, operations, and outlook. Q4 earnings call transcripts reveal financial performance, guidance, and strategic plans significantly impacting stock trajectory.

3 GlobeNewswire, 4:15 PM

Richardson Electronics, Ltd. (RELL) reported third quarter fiscal 2024 results with net sales of $53.4 million, up 6% from prior year, gross margin at 26.1%, operating income of $2.4 million, and net income of $1.7 million or $0.13 per share; company declared quarterly cash dividend of $0.06 per share. Quarterly earnings and dividend declaration moderately influence financial performance and investor sentiment through routine updates on sales growth and profitability.

3 transcript www.fool.com, 2:47 PM

Richardson Electronics (RELL) released its quarterly earnings call transcript detailing financial results, operational updates across power and microwave technologies segments, management discussion on market conditions, supply chain issues, and forward guidance. Quarterly earnings details and outlook moderately influence financial performance and investor sentiment.

6 Apr

3 StockStory, 11:16 PM

Richardson Electronics Ltd. (RELL) reports earnings tomorrow, with preview of expected results including revenue forecasts, EPS estimates, and key factors influencing performance. Upcoming earnings report may noticeably influence financial performance and short-term market sentiment.