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TRT vs NVEC vs RELL
Revenue, margins, valuation, and 5-year total return — side by side.
Semiconductors
Hardware, Equipment & Parts
TRT vs NVEC vs RELL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | Semiconductors | Semiconductors | Hardware, Equipment & Parts |
| Market Cap | $101M | $429M | $183M |
| Revenue (TTM) | $49M | $26M | $213M |
| Net Income (TTM) | $-109K | $15M | $806K |
| Gross Margin | 19.7% | 78.7% | 31.1% |
| Operating Margin | 0.5% | 60.5% | 1.8% |
| Forward P/E | — | 18.9x | 58.3x |
| Total Debt | $2M | $740K | $2M |
| Cash & Equiv. | $11M | $2M | $36M |
TRT vs NVEC vs RELL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Trio-Tech Internati… (TRT) | 100 | 408.5 | +308.5% |
| NVE Corporation (NVEC) | 100 | 146.4 | +46.4% |
| Richardson Electron… (RELL) | 100 | 353.8 | +253.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TRT vs NVEC vs RELL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TRT is the clearest fit if your priority is long-term compounding.
- 248.3% 10Y total return vs RELL's 228.9%
- Beta 0.52 vs RELL's 2.02
- +121.8% vs NVEC's +52.6%
NVEC carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 2 yrs, beta 1.58, yield 4.5%
- Lower volatility, beta 1.58, Low D/E 1.3%, current ratio 28.21x
- Beta 1.58, yield 4.5%, current ratio 28.21x
RELL is the clearest fit if your priority is growth exposure.
- Rev growth 6.3%, EPS growth 334.0%, 3Y rev CAGR -2.4%
- 6.3% revenue growth vs TRT's -13.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 6.3% revenue growth vs TRT's -13.8% | |
| Value | Better valuation composite | |
| Quality / Margins | 57.7% margin vs TRT's -0.2% | |
| Stability / Safety | Beta 0.52 vs RELL's 2.02 | |
| Dividends | 4.5% yield, 2-year raise streak, vs RELL's 1.9%, (1 stock pays no dividend) | |
| Momentum (1Y) | +121.8% vs NVEC's +52.6% | |
| Efficiency (ROA) | 24.8% ROA vs TRT's -0.2%, ROIC 21.2% vs 0.8% |
TRT vs NVEC vs RELL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
TRT vs NVEC vs RELL — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NVEC leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
RELL is the larger business by revenue, generating $213M annually — 8.1x NVEC's $26M. NVEC is the more profitable business, keeping 57.7% of every revenue dollar as net income compared to TRT's -0.2%. On growth, TRT holds the edge at +81.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $49M | $26M | $213M |
| EBITDAEarnings before interest/tax | $3M | $16M | $8M |
| Net IncomeAfter-tax profit | -$109,000 | $15M | $806,000 |
| Free Cash FlowCash after capex | $137,000 | $14M | $2M |
| Gross MarginGross profit ÷ Revenue | +19.7% | +78.7% | +31.1% |
| Operating MarginEBIT ÷ Revenue | +0.5% | +60.5% | +1.8% |
| Net MarginNet income ÷ Revenue | -0.2% | +57.7% | +0.4% |
| FCF MarginFCF ÷ Revenue | +0.3% | +54.9% | +0.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +81.6% | +5.3% | +5.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -76.0% | +27.5% | +79.2% |
Valuation Metrics
RELL leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, NVEC's 26.9x EV/EBITDA is more attractive than RELL's 96.9x.
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $101M | $429M | $183M |
| Enterprise ValueMkt cap + debt − cash | $92M | $428M | $149M |
| Trailing P/EPrice ÷ TTM EPS | -2416.67x | 28.21x | -159.96x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 18.93x | 58.27x |
| PEG RatioP/E ÷ EPS growth rate | — | 5.28x | — |
| EV / EBITDAEnterprise value multiple | 30.78x | 26.86x | 96.90x |
| Price / SalesMarket cap ÷ Revenue | 2.78x | 16.27x | 0.87x |
| Price / BookPrice ÷ Book value/share | 2.98x | 7.36x | 1.17x |
| Price / FCFMarket cap ÷ FCF | — | 29.62x | 23.61x |
Profitability & Efficiency
NVEC leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
NVEC delivers a 25.6% return on equity — every $100 of shareholder capital generates $26 in annual profit, vs $-0 for TRT. NVEC carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to TRT's 0.05x. On the Piotroski fundamental quality scale (0–9), NVEC scores 6/9 vs TRT's 4/9, reflecting solid financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | -0.3% | +25.6% | +0.5% |
| ROA (TTM)Return on assets | -0.2% | +24.8% | +0.4% |
| ROICReturn on invested capital | +0.8% | +21.2% | -1.4% |
| ROCEReturn on capital employed | +0.7% | +26.0% | -1.5% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.05x | 0.01x | 0.01x |
| Net DebtTotal debt minus cash | -$9M | -$973,617 | -$34M |
| Cash & Equiv.Liquid assets | $11M | $2M | $36M |
| Total DebtShort + long-term debt | $2M | $740,423 | $2M |
| Interest CoverageEBIT ÷ Interest expense | 0.57x | — | — |
Total Returns (Dividends Reinvested)
TRT leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TRT five years ago would be worth $22,481 today (with dividends reinvested), compared to $13,865 for NVEC. Over the past 12 months, TRT leads with a +121.8% total return vs NVEC's +52.6%. The 3-year compound annual growth rate (CAGR) favors TRT at 39.2% vs RELL's 0.0% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | -6.8% | +45.8% | +38.7% |
| 1-Year ReturnPast 12 months | +121.8% | +52.6% | +71.8% |
| 3-Year ReturnCumulative with dividends | +169.5% | +13.0% | +0.1% |
| 5-Year ReturnCumulative with dividends | +124.8% | +38.6% | +114.2% |
| 10-Year ReturnCumulative with dividends | +248.3% | +124.0% | +228.9% |
| CAGR (3Y)Annualised 3-year return | +39.2% | +4.2% | +0.0% |
Risk & Volatility
Evenly matched — TRT and NVEC each lead in 1 of 2 comparable metrics.
Risk & Volatility
TRT is the less volatile stock with a 0.52 beta — it tends to amplify market swings less than RELL's 2.02 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NVEC currently trades 98.4% from its 52-week high vs TRT's 60.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.52x | 1.58x | 2.02x |
| 52-Week HighHighest price in past year | $19.10 | $90.00 | $15.34 |
| 52-Week LowLowest price in past year | $4.42 | $57.21 | $8.66 |
| % of 52W HighCurrent price vs 52-week peak | +60.7% | +98.4% | +96.9% |
| RSI (14)Momentum oscillator 0–100 | 58.4 | 63.8 | 67.4 |
| Avg Volume (50D)Average daily shares traded | 1.0M | 53K | 109K |
Analyst Outlook
NVEC leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
For income investors, NVEC offers the higher dividend yield at 4.51% vs RELL's 1.86%.
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | — | Hold |
| Price TargetConsensus 12-month target | — | — | $14.00 |
| # AnalystsCovering analysts | — | — | 1 |
| Dividend YieldAnnual dividend ÷ price | — | +4.5% | +1.9% |
| Dividend StreakConsecutive years of raises | 0 | 2 | 2 |
| Dividend / ShareAnnual DPS | — | $4.00 | $0.28 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% |
NVEC leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). RELL leads in 1 (Valuation Metrics). 1 tied.
TRT vs NVEC vs RELL: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TRT or NVEC or RELL a better buy right now?
For growth investors, Richardson Electronics, Ltd.
(RELL) is the stronger pick with 6. 3% revenue growth year-over-year, versus -13. 8% for Trio-Tech International (TRT). NVE Corporation (NVEC) offers the better valuation at 28. 2x trailing P/E (18. 9x forward), making it the more compelling value choice. Analysts rate Richardson Electronics, Ltd. (RELL) a "Hold" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TRT or NVEC or RELL?
On forward P/E, NVE Corporation is actually cheaper at 18.
9x.
03Which is the better long-term investment — TRT or NVEC or RELL?
Over the past 5 years, Trio-Tech International (TRT) delivered a total return of +124.
8%, compared to +38. 6% for NVE Corporation (NVEC). Over 10 years, the gap is even starker: TRT returned +248. 3% versus NVEC's +124. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TRT or NVEC or RELL?
By beta (market sensitivity over 5 years), Trio-Tech International (TRT) is the lower-risk stock at 0.
52β versus Richardson Electronics, Ltd. 's 2. 02β — meaning RELL is approximately 286% more volatile than TRT relative to the S&P 500. On balance sheet safety, NVE Corporation (NVEC) carries a lower debt/equity ratio of 1% versus 5% for Trio-Tech International — giving it more financial flexibility in a downturn.
05Which is growing faster — TRT or NVEC or RELL?
By revenue growth (latest reported year), Richardson Electronics, Ltd.
(RELL) is pulling ahead at 6. 3% versus -13. 8% for Trio-Tech International (TRT). On earnings-per-share growth, the picture is similar: NVE Corporation grew EPS 1. 0% year-over-year, compared to -104. 0% for Trio-Tech International. Over a 3-year CAGR, RELL leads at -2. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TRT or NVEC or RELL?
NVE Corporation (NVEC) is the more profitable company, earning 57.
7% net margin versus -0. 5% for Richardson Electronics, Ltd. — meaning it keeps 57. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NVEC leads at 60. 5% versus -1. 2% for RELL. At the gross margin level — before operating expenses — NVEC leads at 78. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TRT or NVEC or RELL more undervalued right now?
On forward earnings alone, NVE Corporation (NVEC) trades at 18.
9x forward P/E versus 58. 3x for Richardson Electronics, Ltd. — 39. 3x cheaper on a one-year earnings basis.
08Which pays a better dividend — TRT or NVEC or RELL?
In this comparison, NVEC (4.
5% yield), RELL (1. 9% yield) pay a dividend. TRT does not pay a meaningful dividend and should not be held primarily for income.
09Is TRT or NVEC or RELL better for a retirement portfolio?
For long-horizon retirement investors, Trio-Tech International (TRT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
52), +248. 3% 10Y return). Richardson Electronics, Ltd. (RELL) carries a higher beta of 2. 02 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TRT: +248. 3%, RELL: +228. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TRT and NVEC and RELL?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: TRT is a small-cap quality compounder stock; NVEC is a small-cap income-oriented stock; RELL is a small-cap quality compounder stock. NVEC, RELL pay a dividend while TRT does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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