Saturday 17 October 2026 Export RFIL’s income statement to Excel — free account

RF Industries, Ltd.

RFIL Industrials Electrical Equipment & Parts

RF Industries, Ltd.’s revenue for fiscal 2025 (year ended October 2025) was $80.6 million, up 24.3% from fiscal 2024. In the quarter to July 2026, revenue grew 21.1%, EPS grew 225.0%, free cash flow grew 453.3% and total debt fell 27.0%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

7.03 0.29 −3.96%

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Market cap: $79.4M
P/E: 31.2×
Fwd P/E: 50.1×
Dividend yield: —
F-score: 8/9
Altman Z: 2.87
Beneish M: −2.71
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 16.50%

Capital & Financial Ratios $m

Market Cap 79.40

Revenue 86.31

Net Income 2.44

Free Cash Flow 3.22

Net Debt 1.26

Current Ratio 2.02

Debt/Equity 0.15

P/E ratio 31.20

Fwd P/E 50.10

P/S ratio 0.88

P/B ratio 1.98

Past 5Y EPS Growth —

This Y EPS Growth 48.75%

Next Y EPS Growth 30.25%

Next Y revenue growth 9.72%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 51.58%

10-year low 10-year high

P/S against its own 10 years 48.36%

10-year low 10-year high

P/B against its own 10 years 70.00%

10-year low 10-year high

EV/Sales against its own 10 years 65.32%

10-year low 10-year high

EV/FCF against its own 10 years 70.76%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	0.02	0.02
2019	0.08	0.02 0.02 0.02 0.02
2018	0.08	0.02 0.02 0.02 0.02
2017	0.08	0.02 0.02 0.02 0.02
2016	0.08	0.02 0.02 0.02 0.02

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	5	1	5	4
Receivables	10	12	15	17
Inventory	19	15	14	13
Other	2	1	1	2
	36	29	35	36

	2023	2024	2025	Q'26
Payables	3	4	3	3
ST’ Debt	3	8	8	6
Other	—	—	—	—
	13	18	21	18

Compound Annual Growth %

	10y	5y	3y
Sales	10.06%	13.36%	(1.86%)
Cash Flow	39.17%	0.14%	16.55%
Earnings	(22.77%)	0.00%	(62.72%)
Book Value	2.93%	1.89%	(5.62%)

Revenue $m

	Jan	Apr	Jul	Oct	Year
’26	19	21	24	—	—
’25	19	19	20	23	81
’24	13	16	17	18	65
’23	18	22	16	16	72
’22	17	22	24	23	85
’21	10	11	15	21	57
’20	12	10	10	11	43

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jan	Apr	Jul	Oct	Year
’26	1	(1)	2	—	—
’25	1	2	0	2	5
’24	1	0	2	0	3
’23	1	1	0	2	4
’22	1	(2)	2	2	3
’21	(1)	(1)	(2)	0	(3)
’20	6	0	(1)	0	5

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jan	Apr	Jul	Oct	Year
’26	1	(1)	1	—	—
’25	1	2	0	2	4
’24	1	0	2	0	2
’23	0	1	(1)	1	2
’22	0	(2)	2	0	0
’21	(1)	(1)	(2)	0	(3)
’20	6	0	(1)	0	4

Fiscal quarters ending in the months shown.

EPS $

	Jan	Apr	Jul	Oct	Year
’26	0.00	0.08	0.12	—	—
’25	(0.02)	(0.02)	0.04	0.02	0.01
’24	(0.13)	(0.41)	(0.07)	(0.02)	(0.63)
’23	(0.11)	0.06	(0.16)	(0.08)	(0.30)
’22	(0.03)	0.05	0.08	0.04	0.14
’21	(0.04)	0.48	0.09	0.08	0.61
’20	0.00	(0.02)	(0.01)	0.02	(0.01)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	1.40	1.40	2.46	5.25	3.31	4.78	4.88	2.51	2.84	3.39	Analyst estimates 2026–2028 Powerpack
	High	4.35	2.85	12.75	8.89	7.07	9.63	8.71	5.93	4.65	9.56
People
People	Employees	189	195	186	281	271	300	344	321	302	289
	Revenue/emp, $m	0.16	0.12	0.27	0.20	0.16	0.19	0.25	0.22	0.21	0.28
Income, $m
Income, $m	Revenue	30	23	50	55	43	57	85	72	65	81
	Gross margin, %	27.99	30.40	34.07	28.26	26.87	30.94	28.80	27.07	29.10	33.18
	EBT	(5)	0	7	5	0	7	2	(4)	(4)	1
	EBT margin, %	(15.49)	1.01	14.93	8.24	(1.04)	12.57	1.86	(5.89)	(5.86)	1.01
	Net income	(4)	0	6	4	0	6	1	(3)	(7)	0
	Depreciation	1	1	1	1	1	1	2	2	3	3
Per share, $
Per share, $	Revenue	3.44	2.60	5.51	5.91	4.45	5.75	8.42	7.02	6.19	7.57
	Earnings	(0.47)	0.04	0.64	0.38	(0.01)	0.62	0.14	(0.30)	(0.63)	0.01
	Cash flow	(0.14)	0.18	0.68	(0.29)	0.47	(0.31)	0.29	0.41	0.30	0.43
	Capex	0.00	(0.02)	0.43	(0.06)	(0.02)	(0.02)	(0.26)	(0.24)	(0.07)	(0.02)
	Free cash flow	(0.15)	0.16	1.11	(0.35)	0.45	(0.34)	0.02	0.17	0.23	0.41
	Book value	2.43	2.41	3.05	3.37	3.31	3.97	4.14	3.87	3.25	3.31
	Shares, m	9	9	9	9	10	10	10	10	10	11
Valuation, ×
Valuation, ×	P/E	0.00	61.25	12.13	16.05	0.00	12.31	38.64	0.00	0.00	391.00
	P/S	0.51	0.94	1.41	1.00	0.96	1.33	0.64	0.42	0.67	1.03
	P/B	0.72	1.01	2.54	1.76	1.29	1.92	1.31	0.77	1.27	2.37
	EV/Sales	0.33	0.72	1.08	0.78	0.66	1.12	0.77	0.55	0.94	1.19
	EV/FCF	(7.74)	11.52	5.35	(13.26)	6.57	(19.29)	303.13	23.32	25.08	22.07
Cash, $m
Cash, $m	Operating cash flow	(1)	2	6	(3)	5	(3)	3	4	3	5
	Capex	0	0	4	(1)	0	0	(3)	(2)	(1)	0
	Free cash flow	(1)	1	10	(3)	4	(3)	0	2	2	4
Balance, $m
Balance, $m	Working capital	13	13	24	28	24	31	27	24	11	14
	Total debt	—	—	—	—	3	2	16	14	8	8
	Net debt	(5)	(5)	(16)	(13)	(13)	(12)	11	9	7	3
	Shareholders’ equity	21	21	28	32	32	40	42	40	34	35
Returns, %
Returns, %	ROA	(14.08)	1.50	20.31	10.03	(0.21)	13.66	2.08	(3.58)	(8.61)	0.10
	ROIC	(18.16)	0.79	40.65	14.67	(1.32)	9.83	2.59	(4.84)	(4.26)	2.94
	ROE	(17.12)	1.79	23.80	11.87	(0.25)	17.25	3.55	(7.54)	(17.88)	0.22

Negative figures in brackets.

All 10 years →

Fiscal years to Oct 2025 · latest quarter Jul 2026 · fundamentals updated 2 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NEOV NeoVolta, Inc.	$143.4M	— (loss-making)	— (loss-making)	−99.72% (below 0%: shrinking)	n/m	−1,293.55% (below 0%: shrinking)	(8,440.00%)	(75,445.93%)	Compare
SKYX SKYX Platforms Corp.	$136.8M	— (loss-making)	— (loss-making)	+9.58% (above 0%: growing)	n/m	−56.37% (below 0%: shrinking)	28.86%	(27.98%)	Compare
ULBI Ultralife Corporation	$101.8M	— (loss-making)	8.0×	−1.27% (below 0%: shrinking)	+200.00% (above 0%: growing)	−84.80% (below 0%: shrinking)	28.92%	7.17%	Compare
CBAT China BAK Battery, Inc.	$101.1M	— (loss-making)	— (loss-making)	+99.26% (above 0%: growing)	n/m	+147.06% (above 0%: growing)	1.49%	(13.93%)	Compare
OESX Orion Energy Systems, Inc.	$95.1M	— (loss-making)	20.0×	+31.51% (above 0%: growing)	n/m	+336.14% (above 0%: growing)	34.62%	8.20%	Compare
RFIL RF Industries, Ltd.	$79.4M	31.2×	50.1×	+21.07% (above 0%: growing)	+225.00% (above 0%: growing)	+453.33% (above 0%: growing)	35.63%	7.34%
TGEN Tecogen Inc.	$67.9M	— (loss-making)	— (loss-making)	−21.23% (below 0%: shrinking)	n/m	+11.86% (above 0%: growing)	37.83%	(37.42%)	Compare
NVX NOVONIX Limited Sponsored ADR	$54.4M	— (loss-making)	— (loss-making)	+76.13% (above 0%: growing)	n/m	−1.34% (below 0%: shrinking)	(431.26%)	0.00%	Compare
STI Solidion Technology Inc.	$40.9M	— (loss-making)	—	+3,022.50% (above 0%: growing)	n/m	−278.65% (below 0%: shrinking)	100.00%	(1,094.72%)	Compare
Median of peers	$98.1M	—	—	+20.55%	—	−28.85%	28.89%	(20.96%)

All 52 Electrical Equipment & Parts stocks →

RF Industries, Ltd. (RFIL) key facts

Strength: RF Industries, Ltd.’s revenue for fiscal 2025 (year ended October 2025) was $80.6 million, up 24.3% from fiscal 2024.
RF Industries, Ltd. (RFIL) is an Electrical Equipment & Parts company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, RFIL traded at $7.03, a market capitalization of $79.4 million.
Return on equity was 0.22% and debt-to-equity 0.15.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 2.87 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 2, 2026.