Frequency Electronics
Market Cap
US$99.5m
Last Updated
2021/01/25 23:09 UTC
Data Sources
Company Financials
Executive Summary
Frequency Electronics, Inc. designs, develops, manufactures, and sells precision time and frequency control products and components for microwave integrated circuit applications. More Details
Risk Analysis
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Frequency Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FEIM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FEIM's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.7%
FEIM
1.1%
US Electronic
2.6%
US Market
1 Year Return
16.6%
FEIM
31.5%
US Electronic
26.0%
US Market
Return vs Industry: FEIM underperformed the US Electronic industry which returned 31.5% over the past year.
Return vs Market: FEIM underperformed the US Market which returned 26% over the past year.
Shareholder returns
| FEIM | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | 1.1% | 2.6% |
| 30 Day | 2.6% | 7.2% | 5.1% |
| 90 Day | 11.6% | 28.0% | 17.1% |
| 1 Year | 16.6%16.6% | 34.7%31.5% | 28.9%26.0% |
| 3 Year | 14.0%14.0% | 43.0%37.0% | 46.3%36.6% |
| 5 Year | 19.4%19.4% | 168.9%151.6% | 126.9%101.6% |
Long-Term Price Volatility Vs. Market
How volatile is Frequency Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Steven Strang Is The President of FEI-Zyfer of Frequency Electronics, Inc. (NASDAQ:FEIM) And They Just Sold 50% Of Their Shares3 weeks ago | Simply Wall St
What Percentage Of Frequency Electronics, Inc. (NASDAQ:FEIM) Shares Do Insiders Own?1 month ago | Simply Wall St
Our Take On Frequency Electronics' (NASDAQ:FEIM) CEO SalaryValuation
Is Frequency Electronics undervalued compared to its fair value and its price relative to the market?
1.82x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FEIM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FEIM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FEIM is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: FEIM is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FEIM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FEIM is good value based on its PB Ratio (1.8x) compared to the US Electronic industry average (2.9x).
Next Steps
Future Growth
How is Frequency Electronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
35.0%
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Frequency Electronics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Frequency Electronics's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Tech industry.
Past Performance
How has Frequency Electronics performed over the past 5 years?
-30.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FEIM is currently unprofitable.
Growing Profit Margin: FEIM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FEIM is unprofitable, and losses have increased over the past 5 years at a rate of 30.8% per year.
Accelerating Growth: Unable to compare FEIM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FEIM is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-9.3%).
Return on Equity
High ROE: FEIM has a negative Return on Equity (-8.16%), as it is currently unprofitable.
Next Steps
Financial Health
How is Frequency Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: FEIM's short term assets ($50.9M) exceed its short term liabilities ($11.2M).
Long Term Liabilities: FEIM's short term assets ($50.9M) exceed its long term liabilities ($23.7M).
Debt to Equity History and Analysis
Debt Level: FEIM's debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: FEIM's debt to equity ratio has reduced from 6.4% to 5.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FEIM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FEIM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.1% each year
Next Steps
Dividend
What is Frequency Electronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FEIM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FEIM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FEIM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FEIM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FEIM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Stan Sloane (70 yo)
2.67yrs
Tenure
US$670,804
Compensation
Dr. Stanton David Sloane, also known as Stan, has been President and Chief Executive Officer of Frequency Electronics, Inc., since May 1, 2018 and served as its Chief Operating Officer from September 13, 2...
CEO Compensation Analysis
Compensation vs Market: Stan's total compensation ($USD670.80K) is about average for companies of similar size in the US market ($USD528.62K).
Compensation vs Earnings: Stan's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.67yrs | US$670.80k | 0.33% $ 325.4k | |
| Senior Vice President of Business Development | 11yrs | US$274.39k | 0.20% $ 201.4k | |
| President of FEI-Zyfer | 15.67yrs | US$268.64k | 0.072% $ 71.4k | |
| CFO, Secretary & Treasurer | 4.75yrs | no data | 0.0033% $ 3.3k | |
| Senior VP & Chief Scientist | 1yr | US$153.16k | 0.068% $ 67.2k | |
| President of FEI-Elcom Tech Inc | no data | no data | no data | |
| Vice President of Program Management | 14yrs | US$299.80k | no data | |
| Vice President of Manufacturing | 2yrs | no data | 0.0065% $ 6.5k |
4.8yrs
Average Tenure
65.5yo
Average Age
Experienced Management: FEIM's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.67yrs | US$670.80k | 0.33% $ 325.4k | |
| Lead Independent Director | 2.67yrs | US$25.00k | no data | |
| Independent Director | 17yrs | US$29.00k | 0.78% $ 778.2k | |
| Independent Director | 4.33yrs | US$25.00k | 0.082% $ 81.3k | |
| Independent Non-Executive Chairman | 0.83yr | US$25.00k | 4.61% $ 4.6m |
4.3yrs
Average Tenure
70yo
Average Age
Experienced Board: FEIM's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FEIM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Frequency Electronics, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Frequency Electronics, Inc.
- Ticker: FEIM
- Exchange: NasdaqGM
- Founded: 1961
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$99.539m
- Shares outstanding: 9.18m
- Website: https://freqelec.com
Number of Employees
Location
- Frequency Electronics, Inc.
- 55 Charles Lindbergh Boulevard
- Uniondale
- Mitchel Field
- New York
- 11553
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FEIM | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Jan 1980 |
Biography
Frequency Electronics, Inc. designs, develops, manufactures, and sells precision time and frequency control products and components for microwave integrated circuit applications. It operates through two se...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:09 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/10/31 |
| Annual Earnings | 2020/04/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.