Richardson Electronics, Ltd. (RELL) 10-Year Financial Performance & Capital Metrics

RELL • • Industrial / General

TechnologyTech Hardware & EquipmentElectronic Components & ConnectorsCircuit Protection & Power Components

AboutRichardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables; technical services for microwave and industrial equipment; and power conversion and RF and microwave component for broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology applications. The company's Canvys segment provides custom display solutions, such as touch screens, protective panels, all-in-one computers, custom enclosures, specialized cabinet finishes, application specific software packages, and certification services to corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturer markets. Its Healthcare segment manufactures and distributes diagnostic imaging replacement parts for CT and MRI systems; replacement CT and MRI tubes; MRI coils, cold heads, and RF amplifiers; hydrogen thyratrons, klystrons, and magnetrons; flat panel detector upgrades; pre-owned CT systems; and additional replacement solutions, as well as offers CT service training. It serves hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers. The company's products are used to control, switch, or amplify electrical power signals, as well as used as display devices in alternative energy, healthcare, aviation, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company was founded in 1947 and is headquartered in LaFox, Illinois.Show more

Revenue $209M +6.3%
EBITDA $7M +40.3%
Net Income -$1M -1973.8%
EPS (Diluted) -0.09 -2311.9%
Gross Margin 31.02% +9.5%
EBITDA Margin 3.17% +31.9%
Operating Margin 1.26% +490.9%
Net Margin -0.55% -1864.8%
ROE -0.73% -1987.3%
ROIC 1.52% +561.7%
Debt/Equity 0.01 -16.9%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Healthy dividend yield of 2.6%
✓Share count reduced 15.3% through buybacks
✓Trading at only 0.9x book value
✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

✗Weak 3Y average ROE of 4.8%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y4.31%

5Y6.03%

3Y-2.39%

TTM6.17%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM130.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM186.09%

ROCE

10Y Avg2.51%

5Y Avg6.61%

3Y Avg6.18%

Latest1.64%

Peer Comparison

Circuit Protection & Power Components

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VICRVicor Corporation	4.79B	145.48	1039.14	-11.36%	18.63%	13.05%	0.57%	0.01
LFUSLittelfuse, Inc.	7.32B	293.80	73.45	-7.28%	5.11%	4.44%	3.99%	0.39
ROGRogers Corporation	1.81B	100.89	72.06	-8.62%	-8.43%	-5.56%	3.91%	0.02
BELFBBel Fuse Inc.	2.07B	196.61	60.31	-16.41%	10.04%	12.81%	2.89%	0.72
WATTEnergous Corporation	11.01M	5.06	-0.07	61.96%	-410.74%	-90.31%
SNDKSandisk Corporation	59.98B	409.24	-36.15	10.39%	-22.36%	-18.55%		0.22
RELLRichardson Electronics, Ltd.	135.17M	10.83	-116.58	6.34%	0.08%	0.11%	5.73%	0.01

Profit & Loss

	May 2016	May 2017	May 2018	May 2019	May 2020	May 2021	May 2022	May 2023	May 2024	May 2025
Sales/Revenue+	142.02M	136.87M	163.21M	166.65M	155.9M	176.94M	224.62M	262.66M	196.46M	208.91M
Revenue Growth %	0.04%	-0.04%	0.19%	0.02%	-0.06%	0.13%	0.27%	0.17%	-0.25%	0.06%
Cost of Goods Sold+	97.18M	92.99M	108.13M	114.92M	106.22M	118.11M	152.92M	178.97M	140.8M	144.11M
COGS % of Revenue	0.68%	0.68%	0.66%	0.69%	0.68%	0.67%	0.68%	0.68%	0.72%	0.69%
Gross Profit+	44.84M	43.88M	55.08M	51.73M	49.67M	58.83M	71.7M	83.69M	55.66M	64.8M
Gross Margin %	0.32%	0.32%	0.34%	0.31%	0.32%	0.33%	0.32%	0.32%	0.28%	0.31%
Gross Profit Growth %	0.09%	-0.02%	0.26%	-0.06%	-0.04%	0.18%	0.22%	0.17%	-0.33%	0.16%
Operating Expenses+	51.63M	49.85M	51.73M	52.16M	51.33M	55.92M	55.72M	58.71M	55.24M	62.17M
OpEx % of Revenue	0.36%	0.36%	0.32%	0.31%	0.33%	0.32%	0.25%	0.22%	0.28%	0.3%
Selling, General & Admin	51.63M	49.85M	51.73M	52.16M	51.33M	55.92M	55.72M	58.71M	55.24M	62.17M
SG&A % of Revenue	0.36%	0.36%	0.32%	0.31%	0.33%	0.32%	0.25%	0.22%	0.28%	0.3%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-6.8M	-5.97M	3.35M	-421K	-1.65M	2.9M	15.98M	24.98M	418K	2.63M
Operating Margin %	-0.05%	-0.04%	0.02%	-0%	-0.01%	0.02%	0.07%	0.1%	0%	0.01%
Operating Income Growth %	0.16%	0.12%	1.56%	-1.13%	-2.93%	2.75%	4.51%	0.56%	-0.98%	5.28%
EBITDA+	-4.42M	-3.17M	6.35M	2.75M	1.73M	6.32M	19.4M	28.65M	4.72M	6.63M
EBITDA Margin %	-0.03%	-0.02%	0.04%	0.02%	0.01%	0.04%	0.09%	0.11%	0.02%	0.03%
EBITDA Growth %	0.31%	0.28%	3%	-0.57%	-0.37%	2.65%	2.07%	0.48%	-0.84%	0.4%
D&A (Non-Cash Add-back)	2.38M	2.8M	2.99M	3.17M	3.39M	3.42M	3.42M	3.67M	4.31M	4M
EBIT	-6.22M	-6.12M	3.86M	-6.31M	-1.21M	2.31M	15.76M	25.03M	157K	-1.53M
Net Interest Income+	562K	234K	432K	540K	377K	76K	80K	295K	284K	392K
Interest Income	562K	234K	432K	540K	377K	76K	80K	295K	284K	392K
Interest Expense	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	577K	-145K	507K	-5.89M	440K	-592K	-218K	54K	-261K	-4.16M
Pretax Income+	-6.22M	-6.12M	3.86M	-6.31M	-1.21M	2.31M	15.76M	25.03M	157K	-1.53M
Pretax Margin %	-0.04%	-0.04%	0.02%	-0.04%	-0.01%	0.01%	0.07%	0.1%	0%	-0.01%
Income Tax+	546K	812K	1.53M	1.02M	624K	653K	-2.17M	2.7M	96K	-388K
Effective Tax Rate %	1.09%	1.13%	0.99%	1.16%	1.51%	0.72%	1.14%	0.89%	0.39%	0.75%
Net Income+	-6.77M	-6.93M	3.82M	-7.33M	-1.84M	1.66M	17.93M	22.33M	61K	-1.14M
Net Margin %	-0.05%	-0.05%	0.02%	-0.04%	-0.01%	0.01%	0.08%	0.09%	0%	-0.01%
Net Income Growth %	-0.22%	-0.02%	1.55%	-2.92%	0.75%	1.9%	9.83%	0.25%	-1%	-19.74%
Net Income (Continuing)	-6.77M	-6.93M	2.33M	-7.33M	-1.84M	1.66M	17.93M	22.33M	61K	-1.14M
Discontinued Operations	0	0	1.5M	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.52	-0.54	0.29	-0.57	-0.14	0.13	1.31	1.32	0.00	-0.09
EPS Growth %	-0.3%	-0.04%	1.54%	-2.97%	0.75%	1.93%	9.08%	0.01%	-1%	-
EPS (Basic)	-0.53	-0.55	0.30	-0.57	-0.14	0.13	1.35	1.38	0.00	-0.09
Diluted Shares Outstanding	13.05M	12.85M	12.96M	12.82M	12.91M	13.05M	13.7M	14.39M	14.52M	12.3M
Basic Shares Outstanding	12.83M	12.63M	12.9M	12.82M	12.91M	12.99M	13.27M	13.79M	14.27M	12.3M
Dividend Payout Ratio	-	-	0.8%	-	-	1.89%	0.18%	0.15%	55.34%	-

Balance Sheet

	May 2016	May 2017	May 2018	May 2019	May 2020	May 2021	May 2022	May 2023	May 2024	May 2025
Total Current Assets+	135.93M	128.36M	137.82M	130.61M	126.67M	134.31M	153.21M	168.08M	161.65M	165.89M
Cash & Short-Term Investments	62.72M	61.76M	60.47M	50.02M	46.53M	43.32M	40.49M	24.98M	24.26M	35.9M
Cash Only	60.45M	55.33M	60.47M	42.02M	30.54M	43.32M	35.49M	24.98M	24.26M	35.9M
Short-Term Investments	2.27M	6.43M	0	8M	16M	0	5M	0	0	0
Accounts Receivable	24.95M	20.78M	22.89M	24.3M	20.2M	25.1M	29.88M	30.07M	24.84M	24.12M
Days Sales Outstanding	64.11	55.42	51.19	53.21	47.29	51.77	48.55	41.78	46.16	42.14
Inventory	45.42M	42.75M	50.72M	53.23M	57.49M	63.51M	80.39M	110.4M	110.15M	102.8M
Days Inventory Outstanding	170.6	167.8	171.21	169.08	197.55	196.26	191.88	225.16	285.54	260.37
Other Current Assets	1.08M	0	0	0	0	0	0	2.63M	2.4M	3.07M
Total Non-Current Assets+	32.2M	29.11M	28.5M	22.4M	24.05M	22.45M	26.61M	29.96M	30.79M	29.95M
Property, Plant & Equipment	12.99M	15.81M	18.23M	19.11M	21.09M	19.64M	20.2M	23.28M	23.44M	20.63M
Fixed Asset Turnover	10.94x	8.66x	8.95x	8.72x	7.39x	9.01x	11.12x	11.28x	8.38x	10.13x
Goodwill	6.33M	6.33M	6.33M	0	0	0	0	0	0	0
Intangible Assets	3.82M	3.44M	3.01M	2.76M	2.5M	2.27M	2.01M	1.89M	1.64M	345K
Long-Term Investments	7.8M	2.42M	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	0	0	0	0	0	0	267K	209K	228K
Total Assets+	168.13M	157.46M	166.33M	153.02M	150.72M	156.75M	179.82M	198.05M	192.44M	195.84M
Asset Turnover	0.84x	0.87x	0.98x	1.09x	1.03x	1.13x	1.25x	1.33x	1.02x	1.07x
Asset Growth %	-0.09%	-0.06%	0.06%	-0.08%	-0.02%	0.04%	0.15%	0.1%	-0.03%	0.02%
Total Current Liabilities+	24.03M	24.24M	29.95M	28.22M	29.18M	32.23M	41.21M	36.59M	32.03M	36.79M
Accounts Payable	14.9M	15.93M	19.6M	16.94M	17.37M	16.98M	23.99M	23.54M	15.46M	21.34M
Days Payables Outstanding	55.95	62.54	66.17	53.81	59.69	52.47	57.25	48	40.07	54.05
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	650K	706K	454K	520K	650K	685K	678K	486K	506K	593K
Current Ratio	5.66x	5.29x	4.60x	4.63x	4.34x	4.17x	3.72x	4.59x	5.05x	4.51x
Quick Ratio	3.77x	3.53x	2.91x	2.74x	2.37x	2.20x	1.77x	1.58x	1.61x	1.72x
Cash Conversion Cycle	178.76	160.68	156.23	168.47	185.14	195.56	183.18	218.94	291.63	248.46
Total Non-Current Liabilities+	2.42M	893K	1.2M	1.04M	2.88M	2.97M	2.77M	2.14M	2.46M	2.39M
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	1.94M	1.36M	1.92M	1.43M	1.59M	1.1M
Deferred Tax Liabilities	1.46M	158K	281K	212K	161K	242K	85K	98K	90K	81K
Other Non-Current Liabilities	967K	735K	921K	832K	777K	1.37M	766K	612K	781K	1.2M
Total Liabilities	26.45M	25.14M	31.15M	29.26M	32.06M	35.19M	43.97M	38.73M	34.49M	39.18M
Total Debt+	0	0	0	0	3.43M	2.42M	3.02M	2.46M	2.76M	2.28M
Net Debt	-60.45M	-55.33M	-60.47M	-42.02M	-27.11M	-40.89M	-32.47M	-22.52M	-21.5M	-33.63M
Debt / Equity	-	-	-	-	0.03x	0.02x	0.02x	0.02x	0.02x	0.01x
Debt / EBITDA	-	-	-	-	1.98x	0.38x	0.16x	0.09x	0.58x	0.34x
Net Debt / EBITDA	-	-	-9.53x	-15.27x	-15.65x	-6.47x	-1.67x	-0.79x	-4.55x	-5.07x
Interest Coverage	-	-	-	-	-	-	-	-	-	-
Total Equity+	141.68M	132.33M	135.18M	123.76M	118.66M	121.56M	135.85M	159.32M	157.95M	156.66M
Equity Growth %	-0.1%	-0.07%	0.02%	-0.08%	-0.04%	0.02%	0.12%	0.17%	-0.01%	-0.01%
Book Value per Share	10.86	10.30	10.43	9.65	9.19	9.31	9.92	11.07	10.88	12.74
Total Shareholders' Equity	141.68M	132.33M	135.18M	123.76M	118.66M	121.56M	135.85M	159.32M	157.95M	156.66M
Common Stock	642K	642K	647K	652K	657K	663K	685K	710K	715K	720K
Retained Earnings	79.29M	69.33M	70.11M	59.7M	54.76M	53.3M	68.03M	87.04M	83.73M	79.34M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	2.77M	2.92M	4.37M	2.39M	1.49M	4.89M	800K	615K	764K	2.15M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	May 2016	May 2017	May 2018	May 2019	May 2020	May 2021	May 2022	May 2023	May 2024	May 2025
Cash from Operations+	-13.58M	1.81M	2.95M	-2.56M	1.92M	832K	1.91M	-8.2M	6.52M	10.55M
Operating CF Margin %	-0.1%	0.01%	0.02%	-0.02%	0.01%	0%	0.01%	-0.03%	0.03%	0.05%
Operating CF Growth %	-0.39%	1.13%	0.63%	-1.87%	1.75%	-0.57%	1.3%	-5.29%	1.8%	0.62%
Net Income	-6.77M	-6.93M	3.82M	-7.33M	-1.84M	1.66M	17.93M	22.33M	61K	-1.14M
Depreciation & Amortization	2.38M	2.74M	2.99M	3.17M	3.39M	3.42M	3.42M	3.67M	4.31M	4M
Stock-Based Compensation	548K	437K	533K	697K	683K	675K	654K	936K	1.33M	1.54M
Deferred Taxes	201K	-55K	319K	315K	-7K	-1K	-4.04M	-138K	-1M	-3.24M
Other Non-Cash Items	-243K	241K	314K	7.43M	1.02M	1.05M	482K	459K	676K	4.64M
Working Capital Changes	-9.71M	5.37M	-5.03M	-6.85M	-1.32M	-5.97M	-16.53M	-35.46M	1.16M	4.75M
Change in Receivables	-3.52M	4.17M	-1.76M	-2.03M	3.9M	-3.55M	-6.18M	-363K	5.3M	130K
Change in Inventory	-5.17M	2.41M	-8.25M	-4.24M	-5.45M	-4.86M	-20.57M	-30.45M	66K	459K
Change in Payables	-899K	1.04M	3.46M	-2.42M	631K	-1.21M	7.67M	-439K	-8.12M	5.53M
Cash from Investing+	8.23M	-3.79M	4.15M	-11.87M	-9.78M	13.37M	-8.12M	-2.18M	-4.04M	4.02M
Capital Expenditures	-4.81M	-5.22M	-5.24M	-3.87M	-1.78M	-2.63M	-3.12M	-7.38M	-4.04M	-2.81M
CapEx % of Revenue	0.03%	0.04%	0.03%	0.02%	0.01%	0.01%	0.01%	0.03%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	382K	-12K	371K	0	-1.78M	-2.63M	0	194K	0	0
Cash from Financing+	-7.96M	-3M	-2.95M	-2.82M	-3.21M	-3.01M	-352K	389K	-2.9M	-3.25M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-3.08M	-3.03M	-3.05M	-3.08M	-3.1M	-3.12M	-3.19M	-3.32M	-3.38M	-3.41M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-4K	0	0	0	0	0	-151K	-69K	-120K	-159K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-18.4M	-3.41M	-2.29M	-6.44M	147K	-1.8M	-1.21M	-15.58M	2.48M	7.74M
FCF Margin %	-0.13%	-0.02%	-0.01%	-0.04%	0%	-0.01%	-0.01%	-0.06%	0.01%	0.04%
FCF Growth %	-0.27%	0.81%	0.33%	-1.81%	1.02%	-13.24%	0.33%	-11.88%	1.16%	2.12%
FCF per Share	-1.41	-0.27	-0.18	-0.50	0.01	-0.14	-0.09	-1.08	0.17	0.63
FCF Conversion (FCF/Net Income)	2.01x	-0.26x	0.77x	0.35x	-1.05x	0.50x	0.11x	-0.37x	106.95x	-9.23x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	715K	362K	474K	290K	1.02M	106K	1.48M	4.81M	0	1.82M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-4.54%	-5.06%	2.86%	-5.66%	-1.52%	1.38%	13.93%	15.13%	0.04%	-0.73%
Return on Invested Capital (ROIC)	-6.24%	-5.66%	3.32%	-0.4%	-1.43%	2.53%	13.02%	15.6%	0.23%	1.52%
Gross Margin	31.57%	32.06%	33.75%	31.04%	31.86%	33.25%	31.92%	31.86%	28.33%	31.02%
Net Margin	-4.76%	-5.06%	2.34%	-4.4%	-1.18%	0.94%	7.98%	8.5%	0.03%	-0.55%
Debt / Equity	-	-	-	-	0.03x	0.02x	0.02x	0.02x	0.02x	0.01x
FCF Conversion	2.01x	-0.26x	0.77x	0.35x	-1.05x	0.50x	0.11x	-0.37x	106.95x	-9.23x
Revenue Growth	3.69%	-3.62%	19.24%	2.11%	-6.45%	13.5%	26.95%	16.93%	-25.2%	6.34%

Revenue by Segment

	2013	2014	2015	2019	2020	2021	2022	2023	2024	2025
Power And Microwave Technologies Group	-	-	-	128.9M	118.48M	137.28M	178.06M	164.3M	128.7M	137.75M
Power And Microwave Technologies Group Growth	-	-	-	-	-8.09%	15.87%	29.70%	-7.73%	-21.67%	7.04%
Canvys	38.47M	34.69M	24.64M	27.97M	28.93M	29.32M	35.19M	39.33M	32.44M	33.15M
Canvys Growth	-	-9.84%	-28.95%	13.48%	3.43%	1.36%	20.01%	11.78%	-17.51%	2.16%
Healthcare	-	-	-	9.78M	8.49M	10.34M	11.38M	11.43M	12.09M	9.29M
Healthcare Growth	-	-	-	-	-13.19%	21.74%	10.05%	0.48%	5.72%	-23.11%
Electron Device Group	102.59M	103.27M	105.75M	-	-	-	-	-	-	-
Electron Device Group Growth	-	0.66%	2.40%	-	-	-	-	-	-	-
Healthcare	-	-	6.56M	-	-	-	-	-	-	-
Healthcare Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2013	2014	2015	2019	2020	2021	2022	2023	2024	2025
North America	61.63M	57.14M	59.74M	66.23M	65.26M	73.63M	98.53M	112.21M	77.27M	91.1M
North America Growth	-	-7.29%	4.56%	10.86%	-1.46%	12.82%	33.82%	13.89%	-31.14%	17.89%
Europe	45.66M	47.61M	44.42M	55.04M	49.39M	52.55M	64.44M	62.02M	61.48M	64.95M
Europe Growth	-	4.26%	-6.69%	23.89%	-10.25%	6.39%	22.62%	-3.75%	-0.87%	5.65%
Asia Pacific	22.73M	24.07M	24.61M	34.68M	32.98M	40.84M	49.23M	59.56M	45.26M	43.21M
Asia Pacific Growth	-	5.88%	2.23%	40.95%	-4.91%	23.83%	20.56%	20.96%	-24.00%	-4.54%
Latin America	9.45M	8.94M	8.28M	10.65M	8.31M	9.65M	12.44M	28.92M	10.91M	8.37M
Latin America Growth	-	-5.41%	-7.40%	28.74%	-22.01%	16.17%	28.89%	132.53%	-62.29%	-23.30%
Unallocated Other	-	-	-	52K	-42K	273K	-16K	-54K	1.54M	1.29M
Unallocated Other Growth	-	-	-	-	-180.77%	750.00%	-105.86%	-237.50%	2957.41%	-16.59%

Frequently Asked Questions

Growth & Financials

Richardson Electronics, Ltd. (RELL) reported $209.8M in revenue for fiscal year 2025. This represents a 33% increase from $157.8M in 2012.

Richardson Electronics, Ltd. (RELL) grew revenue by 6.3% over the past year. This is steady growth.

Yes, Richardson Electronics, Ltd. (RELL) is profitable, generating $0.2M in net income for fiscal year 2025 (-0.5% net margin).

Dividend & Returns

Yes, Richardson Electronics, Ltd. (RELL) pays a dividend with a yield of 2.56%. This makes it attractive for income-focused investors.

Richardson Electronics, Ltd. (RELL) has a return on equity (ROE) of -0.7%. Negative ROE indicates the company is unprofitable.

Richardson Electronics, Ltd. (RELL) generated $8.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Richardson Electronics, Ltd. (RELL) 10-Year Financial Performance & Capital Metrics

RELL • • Industrial / General

TechnologyTech Hardware & EquipmentElectronic Components & ConnectorsCircuit Protection & Power Components

Revenue $209M +6.3%
EBITDA $7M +40.3%
Net Income -$1M -1973.8%
EPS (Diluted) -0.09 -2311.9%
Gross Margin 31.02% +9.5%
EBITDA Margin 3.17% +31.9%
Operating Margin 1.26% +490.9%
Net Margin -0.55% -1864.8%
ROE -0.73% -1987.3%
ROIC 1.52% +561.7%
Debt/Equity 0.01 -16.9%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Healthy dividend yield of 2.6%
✓Share count reduced 15.3% through buybacks
✓Trading at only 0.9x book value
✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

✗Weak 3Y average ROE of 4.8%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y4.31%

5Y6.03%

3Y-2.39%

TTM6.17%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM130.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM186.09%

ROCE

10Y Avg2.51%

5Y Avg6.61%

3Y Avg6.18%

Latest1.64%

Peer Comparison

Circuit Protection & Power Components

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
VICRVicor Corporation	4.79B	145.48	1039.14	-11.36%	18.63%	13.05%	0.57%	0.01
LFUSLittelfuse, Inc.	7.32B	293.80	73.45	-7.28%	5.11%	4.44%	3.99%	0.39
ROGRogers Corporation	1.81B	100.89	72.06	-8.62%	-8.43%	-5.56%	3.91%	0.02
BELFBBel Fuse Inc.	2.07B	196.61	60.31	-16.41%	10.04%	12.81%	2.89%	0.72
WATTEnergous Corporation	11.01M	5.06	-0.07	61.96%	-410.74%	-90.31%
SNDKSandisk Corporation	59.98B	409.24	-36.15	10.39%	-22.36%	-18.55%		0.22
RELLRichardson Electronics, Ltd.	135.17M	10.83	-116.58	6.34%	0.08%	0.11%	5.73%	0.01

Profit & Loss

	May 2016	May 2017	May 2018	May 2019	May 2020	May 2021	May 2022	May 2023	May 2024	May 2025
Sales/Revenue+	142.02M	136.87M	163.21M	166.65M	155.9M	176.94M	224.62M	262.66M	196.46M	208.91M
Revenue Growth %	0.04%	-0.04%	0.19%	0.02%	-0.06%	0.13%	0.27%	0.17%	-0.25%	0.06%
Cost of Goods Sold+	97.18M	92.99M	108.13M	114.92M	106.22M	118.11M	152.92M	178.97M	140.8M	144.11M
COGS % of Revenue	0.68%	0.68%	0.66%	0.69%	0.68%	0.67%	0.68%	0.68%	0.72%	0.69%
Gross Profit+	44.84M	43.88M	55.08M	51.73M	49.67M	58.83M	71.7M	83.69M	55.66M	64.8M
Gross Margin %	0.32%	0.32%	0.34%	0.31%	0.32%	0.33%	0.32%	0.32%	0.28%	0.31%
Gross Profit Growth %	0.09%	-0.02%	0.26%	-0.06%	-0.04%	0.18%	0.22%	0.17%	-0.33%	0.16%
Operating Expenses+	51.63M	49.85M	51.73M	52.16M	51.33M	55.92M	55.72M	58.71M	55.24M	62.17M
OpEx % of Revenue	0.36%	0.36%	0.32%	0.31%	0.33%	0.32%	0.25%	0.22%	0.28%	0.3%
Selling, General & Admin	51.63M	49.85M	51.73M	52.16M	51.33M	55.92M	55.72M	58.71M	55.24M	62.17M
SG&A % of Revenue	0.36%	0.36%	0.32%	0.31%	0.33%	0.32%	0.25%	0.22%	0.28%	0.3%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-6.8M	-5.97M	3.35M	-421K	-1.65M	2.9M	15.98M	24.98M	418K	2.63M
Operating Margin %	-0.05%	-0.04%	0.02%	-0%	-0.01%	0.02%	0.07%	0.1%	0%	0.01%
Operating Income Growth %	0.16%	0.12%	1.56%	-1.13%	-2.93%	2.75%	4.51%	0.56%	-0.98%	5.28%
EBITDA+	-4.42M	-3.17M	6.35M	2.75M	1.73M	6.32M	19.4M	28.65M	4.72M	6.63M
EBITDA Margin %	-0.03%	-0.02%	0.04%	0.02%	0.01%	0.04%	0.09%	0.11%	0.02%	0.03%
EBITDA Growth %	0.31%	0.28%	3%	-0.57%	-0.37%	2.65%	2.07%	0.48%	-0.84%	0.4%
D&A (Non-Cash Add-back)	2.38M	2.8M	2.99M	3.17M	3.39M	3.42M	3.42M	3.67M	4.31M	4M
EBIT	-6.22M	-6.12M	3.86M	-6.31M	-1.21M	2.31M	15.76M	25.03M	157K	-1.53M
Net Interest Income+	562K	234K	432K	540K	377K	76K	80K	295K	284K	392K
Interest Income	562K	234K	432K	540K	377K	76K	80K	295K	284K	392K
Interest Expense	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	577K	-145K	507K	-5.89M	440K	-592K	-218K	54K	-261K	-4.16M
Pretax Income+	-6.22M	-6.12M	3.86M	-6.31M	-1.21M	2.31M	15.76M	25.03M	157K	-1.53M
Pretax Margin %	-0.04%	-0.04%	0.02%	-0.04%	-0.01%	0.01%	0.07%	0.1%	0%	-0.01%
Income Tax+	546K	812K	1.53M	1.02M	624K	653K	-2.17M	2.7M	96K	-388K
Effective Tax Rate %	1.09%	1.13%	0.99%	1.16%	1.51%	0.72%	1.14%	0.89%	0.39%	0.75%
Net Income+	-6.77M	-6.93M	3.82M	-7.33M	-1.84M	1.66M	17.93M	22.33M	61K	-1.14M
Net Margin %	-0.05%	-0.05%	0.02%	-0.04%	-0.01%	0.01%	0.08%	0.09%	0%	-0.01%
Net Income Growth %	-0.22%	-0.02%	1.55%	-2.92%	0.75%	1.9%	9.83%	0.25%	-1%	-19.74%
Net Income (Continuing)	-6.77M	-6.93M	2.33M	-7.33M	-1.84M	1.66M	17.93M	22.33M	61K	-1.14M
Discontinued Operations	0	0	1.5M	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.52	-0.54	0.29	-0.57	-0.14	0.13	1.31	1.32	0.00	-0.09
EPS Growth %	-0.3%	-0.04%	1.54%	-2.97%	0.75%	1.93%	9.08%	0.01%	-1%	-
EPS (Basic)	-0.53	-0.55	0.30	-0.57	-0.14	0.13	1.35	1.38	0.00	-0.09
Diluted Shares Outstanding	13.05M	12.85M	12.96M	12.82M	12.91M	13.05M	13.7M	14.39M	14.52M	12.3M
Basic Shares Outstanding	12.83M	12.63M	12.9M	12.82M	12.91M	12.99M	13.27M	13.79M	14.27M	12.3M
Dividend Payout Ratio	-	-	0.8%	-	-	1.89%	0.18%	0.15%	55.34%	-

Balance Sheet

	May 2016	May 2017	May 2018	May 2019	May 2020	May 2021	May 2022	May 2023	May 2024	May 2025
Total Current Assets+	135.93M	128.36M	137.82M	130.61M	126.67M	134.31M	153.21M	168.08M	161.65M	165.89M
Cash & Short-Term Investments	62.72M	61.76M	60.47M	50.02M	46.53M	43.32M	40.49M	24.98M	24.26M	35.9M
Cash Only	60.45M	55.33M	60.47M	42.02M	30.54M	43.32M	35.49M	24.98M	24.26M	35.9M
Short-Term Investments	2.27M	6.43M	0	8M	16M	0	5M	0	0	0
Accounts Receivable	24.95M	20.78M	22.89M	24.3M	20.2M	25.1M	29.88M	30.07M	24.84M	24.12M
Days Sales Outstanding	64.11	55.42	51.19	53.21	47.29	51.77	48.55	41.78	46.16	42.14
Inventory	45.42M	42.75M	50.72M	53.23M	57.49M	63.51M	80.39M	110.4M	110.15M	102.8M
Days Inventory Outstanding	170.6	167.8	171.21	169.08	197.55	196.26	191.88	225.16	285.54	260.37
Other Current Assets	1.08M	0	0	0	0	0	0	2.63M	2.4M	3.07M
Total Non-Current Assets+	32.2M	29.11M	28.5M	22.4M	24.05M	22.45M	26.61M	29.96M	30.79M	29.95M
Property, Plant & Equipment	12.99M	15.81M	18.23M	19.11M	21.09M	19.64M	20.2M	23.28M	23.44M	20.63M
Fixed Asset Turnover	10.94x	8.66x	8.95x	8.72x	7.39x	9.01x	11.12x	11.28x	8.38x	10.13x
Goodwill	6.33M	6.33M	6.33M	0	0	0	0	0	0	0
Intangible Assets	3.82M	3.44M	3.01M	2.76M	2.5M	2.27M	2.01M	1.89M	1.64M	345K
Long-Term Investments	7.8M	2.42M	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	0	0	0	0	0	0	267K	209K	228K
Total Assets+	168.13M	157.46M	166.33M	153.02M	150.72M	156.75M	179.82M	198.05M	192.44M	195.84M
Asset Turnover	0.84x	0.87x	0.98x	1.09x	1.03x	1.13x	1.25x	1.33x	1.02x	1.07x
Asset Growth %	-0.09%	-0.06%	0.06%	-0.08%	-0.02%	0.04%	0.15%	0.1%	-0.03%	0.02%
Total Current Liabilities+	24.03M	24.24M	29.95M	28.22M	29.18M	32.23M	41.21M	36.59M	32.03M	36.79M
Accounts Payable	14.9M	15.93M	19.6M	16.94M	17.37M	16.98M	23.99M	23.54M	15.46M	21.34M
Days Payables Outstanding	55.95	62.54	66.17	53.81	59.69	52.47	57.25	48	40.07	54.05
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	650K	706K	454K	520K	650K	685K	678K	486K	506K	593K
Current Ratio	5.66x	5.29x	4.60x	4.63x	4.34x	4.17x	3.72x	4.59x	5.05x	4.51x
Quick Ratio	3.77x	3.53x	2.91x	2.74x	2.37x	2.20x	1.77x	1.58x	1.61x	1.72x
Cash Conversion Cycle	178.76	160.68	156.23	168.47	185.14	195.56	183.18	218.94	291.63	248.46
Total Non-Current Liabilities+	2.42M	893K	1.2M	1.04M	2.88M	2.97M	2.77M	2.14M	2.46M	2.39M
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	1.94M	1.36M	1.92M	1.43M	1.59M	1.1M
Deferred Tax Liabilities	1.46M	158K	281K	212K	161K	242K	85K	98K	90K	81K
Other Non-Current Liabilities	967K	735K	921K	832K	777K	1.37M	766K	612K	781K	1.2M
Total Liabilities	26.45M	25.14M	31.15M	29.26M	32.06M	35.19M	43.97M	38.73M	34.49M	39.18M
Total Debt+	0	0	0	0	3.43M	2.42M	3.02M	2.46M	2.76M	2.28M
Net Debt	-60.45M	-55.33M	-60.47M	-42.02M	-27.11M	-40.89M	-32.47M	-22.52M	-21.5M	-33.63M
Debt / Equity	-	-	-	-	0.03x	0.02x	0.02x	0.02x	0.02x	0.01x
Debt / EBITDA	-	-	-	-	1.98x	0.38x	0.16x	0.09x	0.58x	0.34x
Net Debt / EBITDA	-	-	-9.53x	-15.27x	-15.65x	-6.47x	-1.67x	-0.79x	-4.55x	-5.07x
Interest Coverage	-	-	-	-	-	-	-	-	-	-
Total Equity+	141.68M	132.33M	135.18M	123.76M	118.66M	121.56M	135.85M	159.32M	157.95M	156.66M
Equity Growth %	-0.1%	-0.07%	0.02%	-0.08%	-0.04%	0.02%	0.12%	0.17%	-0.01%	-0.01%
Book Value per Share	10.86	10.30	10.43	9.65	9.19	9.31	9.92	11.07	10.88	12.74
Total Shareholders' Equity	141.68M	132.33M	135.18M	123.76M	118.66M	121.56M	135.85M	159.32M	157.95M	156.66M
Common Stock	642K	642K	647K	652K	657K	663K	685K	710K	715K	720K
Retained Earnings	79.29M	69.33M	70.11M	59.7M	54.76M	53.3M	68.03M	87.04M	83.73M	79.34M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	2.77M	2.92M	4.37M	2.39M	1.49M	4.89M	800K	615K	764K	2.15M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	May 2016	May 2017	May 2018	May 2019	May 2020	May 2021	May 2022	May 2023	May 2024	May 2025
Cash from Operations+	-13.58M	1.81M	2.95M	-2.56M	1.92M	832K	1.91M	-8.2M	6.52M	10.55M
Operating CF Margin %	-0.1%	0.01%	0.02%	-0.02%	0.01%	0%	0.01%	-0.03%	0.03%	0.05%
Operating CF Growth %	-0.39%	1.13%	0.63%	-1.87%	1.75%	-0.57%	1.3%	-5.29%	1.8%	0.62%
Net Income	-6.77M	-6.93M	3.82M	-7.33M	-1.84M	1.66M	17.93M	22.33M	61K	-1.14M
Depreciation & Amortization	2.38M	2.74M	2.99M	3.17M	3.39M	3.42M	3.42M	3.67M	4.31M	4M
Stock-Based Compensation	548K	437K	533K	697K	683K	675K	654K	936K	1.33M	1.54M
Deferred Taxes	201K	-55K	319K	315K	-7K	-1K	-4.04M	-138K	-1M	-3.24M
Other Non-Cash Items	-243K	241K	314K	7.43M	1.02M	1.05M	482K	459K	676K	4.64M
Working Capital Changes	-9.71M	5.37M	-5.03M	-6.85M	-1.32M	-5.97M	-16.53M	-35.46M	1.16M	4.75M
Change in Receivables	-3.52M	4.17M	-1.76M	-2.03M	3.9M	-3.55M	-6.18M	-363K	5.3M	130K
Change in Inventory	-5.17M	2.41M	-8.25M	-4.24M	-5.45M	-4.86M	-20.57M	-30.45M	66K	459K
Change in Payables	-899K	1.04M	3.46M	-2.42M	631K	-1.21M	7.67M	-439K	-8.12M	5.53M
Cash from Investing+	8.23M	-3.79M	4.15M	-11.87M	-9.78M	13.37M	-8.12M	-2.18M	-4.04M	4.02M
Capital Expenditures	-4.81M	-5.22M	-5.24M	-3.87M	-1.78M	-2.63M	-3.12M	-7.38M	-4.04M	-2.81M
CapEx % of Revenue	0.03%	0.04%	0.03%	0.02%	0.01%	0.01%	0.01%	0.03%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	382K	-12K	371K	0	-1.78M	-2.63M	0	194K	0	0
Cash from Financing+	-7.96M	-3M	-2.95M	-2.82M	-3.21M	-3.01M	-352K	389K	-2.9M	-3.25M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-3.08M	-3.03M	-3.05M	-3.08M	-3.1M	-3.12M	-3.19M	-3.32M	-3.38M	-3.41M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-4K	0	0	0	0	0	-151K	-69K	-120K	-159K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-18.4M	-3.41M	-2.29M	-6.44M	147K	-1.8M	-1.21M	-15.58M	2.48M	7.74M
FCF Margin %	-0.13%	-0.02%	-0.01%	-0.04%	0%	-0.01%	-0.01%	-0.06%	0.01%	0.04%
FCF Growth %	-0.27%	0.81%	0.33%	-1.81%	1.02%	-13.24%	0.33%	-11.88%	1.16%	2.12%
FCF per Share	-1.41	-0.27	-0.18	-0.50	0.01	-0.14	-0.09	-1.08	0.17	0.63
FCF Conversion (FCF/Net Income)	2.01x	-0.26x	0.77x	0.35x	-1.05x	0.50x	0.11x	-0.37x	106.95x	-9.23x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	715K	362K	474K	290K	1.02M	106K	1.48M	4.81M	0	1.82M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-4.54%	-5.06%	2.86%	-5.66%	-1.52%	1.38%	13.93%	15.13%	0.04%	-0.73%
Return on Invested Capital (ROIC)	-6.24%	-5.66%	3.32%	-0.4%	-1.43%	2.53%	13.02%	15.6%	0.23%	1.52%
Gross Margin	31.57%	32.06%	33.75%	31.04%	31.86%	33.25%	31.92%	31.86%	28.33%	31.02%
Net Margin	-4.76%	-5.06%	2.34%	-4.4%	-1.18%	0.94%	7.98%	8.5%	0.03%	-0.55%
Debt / Equity	-	-	-	-	0.03x	0.02x	0.02x	0.02x	0.02x	0.01x
FCF Conversion	2.01x	-0.26x	0.77x	0.35x	-1.05x	0.50x	0.11x	-0.37x	106.95x	-9.23x
Revenue Growth	3.69%	-3.62%	19.24%	2.11%	-6.45%	13.5%	26.95%	16.93%	-25.2%	6.34%

Revenue by Segment

	2013	2014	2015	2019	2020	2021	2022	2023	2024	2025
Power And Microwave Technologies Group	-	-	-	128.9M	118.48M	137.28M	178.06M	164.3M	128.7M	137.75M
Power And Microwave Technologies Group Growth	-	-	-	-	-8.09%	15.87%	29.70%	-7.73%	-21.67%	7.04%
Canvys	38.47M	34.69M	24.64M	27.97M	28.93M	29.32M	35.19M	39.33M	32.44M	33.15M
Canvys Growth	-	-9.84%	-28.95%	13.48%	3.43%	1.36%	20.01%	11.78%	-17.51%	2.16%
Healthcare	-	-	-	9.78M	8.49M	10.34M	11.38M	11.43M	12.09M	9.29M
Healthcare Growth	-	-	-	-	-13.19%	21.74%	10.05%	0.48%	5.72%	-23.11%
Electron Device Group	102.59M	103.27M	105.75M	-	-	-	-	-	-	-
Electron Device Group Growth	-	0.66%	2.40%	-	-	-	-	-	-	-
Healthcare	-	-	6.56M	-	-	-	-	-	-	-
Healthcare Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2013	2014	2015	2019	2020	2021	2022	2023	2024	2025
North America	61.63M	57.14M	59.74M	66.23M	65.26M	73.63M	98.53M	112.21M	77.27M	91.1M
North America Growth	-	-7.29%	4.56%	10.86%	-1.46%	12.82%	33.82%	13.89%	-31.14%	17.89%
Europe	45.66M	47.61M	44.42M	55.04M	49.39M	52.55M	64.44M	62.02M	61.48M	64.95M
Europe Growth	-	4.26%	-6.69%	23.89%	-10.25%	6.39%	22.62%	-3.75%	-0.87%	5.65%
Asia Pacific	22.73M	24.07M	24.61M	34.68M	32.98M	40.84M	49.23M	59.56M	45.26M	43.21M
Asia Pacific Growth	-	5.88%	2.23%	40.95%	-4.91%	23.83%	20.56%	20.96%	-24.00%	-4.54%
Latin America	9.45M	8.94M	8.28M	10.65M	8.31M	9.65M	12.44M	28.92M	10.91M	8.37M
Latin America Growth	-	-5.41%	-7.40%	28.74%	-22.01%	16.17%	28.89%	132.53%	-62.29%	-23.30%
Unallocated Other	-	-	-	52K	-42K	273K	-16K	-54K	1.54M	1.29M
Unallocated Other Growth	-	-	-	-	-180.77%	750.00%	-105.86%	-237.50%	2957.41%	-16.59%

Frequently Asked Questions

Growth & Financials

Richardson Electronics, Ltd. (RELL) reported $209.8M in revenue for fiscal year 2025. This represents a 33% increase from $157.8M in 2012.

Richardson Electronics, Ltd. (RELL) grew revenue by 6.3% over the past year. This is steady growth.

Yes, Richardson Electronics, Ltd. (RELL) is profitable, generating $0.2M in net income for fiscal year 2025 (-0.5% net margin).

Dividend & Returns

Yes, Richardson Electronics, Ltd. (RELL) pays a dividend with a yield of 2.56%. This makes it attractive for income-focused investors.

Richardson Electronics, Ltd. (RELL) has a return on equity (ROE) of -0.7%. Negative ROE indicates the company is unprofitable.

Richardson Electronics, Ltd. (RELL) generated $8.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.