| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
RELL Stock Overview
Richardson 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.
Richardson Electronics Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$17.30 |
| 52 Week High | US$17.50 |
| 52 Week Low | US$7.42 |
| Beta | 0.55 |
| 1 Month Change | 15.72% |
| 3 Month Change | 25.00% |
| 1 Year Change | 121.80% |
| 3 Year Change | 208.93% |
| 5 Year Change | 205.11% |
| Change since IPO | 57.27% |
Recent News & Updates
Richardson Electronics' (NASDAQ:RELL) Dividend Will Be $0.06
The board of Richardson Electronics, Ltd. ( NASDAQ:RELL ) has announced that it will pay a dividend of $0.06 per share...
Richardson Electronics declares $0.06 dividend
Richardson Electronics (NASDAQ:RELL) declares $0.06/share quarterly dividend, in line with previous. Forward yield 1.42% Payable Aug. 24; for shareholders of record Aug. 5; ex-div Aug. 4. See RELL Dividend Scorecard, Yield Chart, & Dividend Growth.
Shareholder Returns
| RELL | US Electronic | US Market | |
|---|---|---|---|
| 7D | 3.8% | 2.3% | 3.2% |
| 1Y | 121.8% | -12.2% | -10.2% |
Return vs Industry: RELL exceeded the US Electronic industry which returned -12.2% over the past year.
Return vs Market: RELL exceeded the US Market which returned -10.1% over the past year.
Price Volatility
| RELL volatility | |
|---|---|
| RELL Average Weekly Movement | 7.6% |
| Electronic Industry Average Movement | 7.5% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: RELL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: RELL's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1947 | 429 | Edward Richardson | https://www.rell.com |
Richardson 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.
Richardson Electronics Fundamentals Summary
| RELL fundamental statistics | |
|---|---|
| Market Cap | US$237.89m |
| Earnings (TTM) | US$17.93m |
| Revenue (TTM) | US$224.62m |
13.3x
P/E Ratio1.1x
P/S RatioIs RELL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RELL income statement (TTM) | |
|---|---|
| Revenue | US$224.62m |
| Cost of Revenue | US$152.92m |
| Gross Profit | US$71.70m |
| Other Expenses | US$53.77m |
| Earnings | US$17.93m |
Last Reported Earnings
May 28, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.30 |
| Gross Margin | 31.92% |
| Net Profit Margin | 7.98% |
| Debt/Equity Ratio | 0% |
How did RELL perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield18%
Payout RatioValuation
Is RELL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RELL?
Other financial metrics that can be useful for relative valuation.
| What is RELL's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$237.89m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 10.3x |
| PEG Ratio | 0.9x |
Price to Earnings Ratio vs Peers
How does RELL's PE Ratio compare to its peers?
| RELL PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12.3x | ||
WSTG Wayside Technology Group | 12.2x | n/a | US$135.5m |
SCSC ScanSource | 9.4x | 7.9% | US$838.0m |
PLUS ePlus | 12.9x | 4.3% | US$1.3b |
CNXN PC Connection | 14.7x | 3.8% | US$1.3b |
RELL Richardson Electronics | 13.3x | 14.0% | US$237.9m |
Price-To-Earnings vs Peers: RELL is expensive based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (12.3x).
Price to Earnings Ratio vs Industry
How does RELL's PE Ratio compare vs other companies in the US Electronic Industry?
Price-To-Earnings vs Industry: RELL is good value based on its Price-To-Earnings Ratio (13.3x) compared to the US Electronic industry average (15.8x)
Price to Earnings Ratio vs Fair Ratio
What is RELL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 13.3x |
| Fair PE Ratio | 18.9x |
Price-To-Earnings vs Fair Ratio: RELL is good value based on its Price-To-Earnings Ratio (13.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.9x).
Share Price vs Fair Value
What is the Fair Price of RELL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RELL ($17.3) is trading below our estimate of fair value ($63.98)
Significantly Below Fair Value: RELL is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Richardson Electronics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
14.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RELL's forecast earnings growth (14% per year) is above the savings rate (1.9%).
Earnings vs Market: RELL's earnings (14% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: RELL's earnings are forecast to grow, but not significantly.
Revenue vs Market: RELL's revenue (12.3% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: RELL's revenue (12.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RELL's Return on Equity is forecast to be low in 3 years time (14.5%).
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Past Performance
How has Richardson Electronics performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
48.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RELL has a high level of non-cash earnings.
Growing Profit Margin: RELL's current net profit margins (8%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: RELL has become profitable over the past 5 years, growing earnings by 48.4% per year.
Accelerating Growth: RELL's earnings growth over the past year (1006.5%) exceeds its 5-year average (48.4% per year).
Earnings vs Industry: RELL earnings growth over the past year (1006.5%) exceeded the Electronic industry 26.1%.
Return on Equity
High ROE: RELL's Return on Equity (13.2%) is considered low.
Discover strong past performing companies
Financial Health
How is Richardson Electronics's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: RELL's short term assets ($153.2M) exceed its short term liabilities ($41.2M).
Long Term Liabilities: RELL's short term assets ($153.2M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: RELL is debt free.
Reducing Debt: RELL has not had any debt for past 5 years.
Debt Coverage: RELL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RELL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Richardson Electronics's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
1.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RELL's dividend (1.39%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: RELL's dividend (1.39%) is low compared to the top 25% of dividend payers in the US market (3.96%).
Stability and Growth of Payments
Stable Dividend: RELL's dividends per share have been stable in the past 10 years.
Growing Dividend: RELL's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), RELL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RELL is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
10.3yrs
Average management tenure
CEO
Edward Richardson (80 yo)
32.92yrs
Tenure
US$1,230,517
Compensation
Mr. Edward J. Richardson has been the Chairman, Chief Executive Officer and President of Richardson Electronics Ltd. since September 1989 and has been its Director since 1965. Mr. Richardson served as the...
CEO Compensation Analysis
Compensation vs Market: Edward's total compensation ($USD1.23M) is about average for companies of similar size in the US market ($USD1.67M).
Compensation vs Earnings: Edward's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: RELL's management team is seasoned and experienced (10.3 years average tenure).
Board Members
Experienced Board: RELL's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Top Shareholders
Company Information
Richardson Electronics, Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Richardson Electronics, Ltd.
- Ticker: RELL
- Exchange: NasdaqGS
- Founded: 1947
- Industry: Technology Distributors
- Sector: Tech
- Implied Market Cap: US$237.887m
- Shares outstanding: 13.75m
- Website: https://www.rell.com
Number of Employees
Location
- Richardson Electronics, Ltd.
- 40W267 Keslinger Road
- PO Box 393
- LaFox
- Illinois
- 60147-0393
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/13 00:00 |
| End of Day Share Price | 2022/08/12 00:00 |
| Earnings | 2022/05/28 |
| Annual Earnings | 2022/05/28 |
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.