कंपनी का अवलोकन
Frequency Electronics, Inc. is a specialized technology firm dedicated to the design, development, manufacturing, marketing, and sale of precision time and frequency control products, specifically for microwave integrated circuit applications. The company operates within the Technology sector and serves the Communication Equipment industry, positioning itself as a provider of critical infrastructure components for high-frequency signal processing. Its organizational scale is defined by a market capitalization of $515.42M, an annual revenue of $67.81M, and a workforce of 216 employees. These valuation and revenue figures indicate that Frequency Electronics, Inc. maintains a relatively small market footprint compared to large-cap peers, reflecting its niche status in the specialized communication equipment supply chain rather than a broad consumer technology landscape.
वित्तीय स्वास्थ्य
The company reported a total revenue of $67.81M and a net income of $7.20M for the trailing twelve months, resulting in an EBITDA of $8.63M. The significant gap between the $67.81M revenue and the $7.20M net income reveals a substantial cost structure, where operational expenses and taxes consume approximately 89.4% of gross revenue before arriving at the bottom line. Despite positive net income, the company reports a free cash flow of $-7,091,000, which indicates a current lack of financial flexibility as operating cash generation does not meet capital expenditure or working capital requirements. Profitability is measured across three distinct margins: a gross margin of 38.0%, an operating margin of 7.5%, and a profit margin of 10.6%, where the operating margin suggests that overhead costs are nearly 92.5% of gross revenue. On the balance sheet, the company holds $86,000 in cash against $8.13M in debt, resulting in a debt-to-equity ratio of 13.49, which characterizes the entity as highly leveraged with minimal liquidity reserves. Liquidity risk is mitigated by a current ratio of 2.60, indicating that current assets are 2.6 times greater than current liabilities, providing a buffer against short-term obligations. Return metrics show a Return on Equity of 12.8% and a Return on Assets of 4.6%, revealing that management is generating higher returns on shareholders' equity compared to the total asset base, likely due to the high leverage present in the capital structure.
मूल्यांकन आकलन
Valuation multiples for Frequency Electronics, Inc. include a trailing P/E ratio of 71.74 and a forward P/E of 46.14, where the lower forward multiple implies that the market expects earnings to recover or grow significantly in the coming year relative to current profitability. The price-to-book ratio stands at 8.55, indicating that the market values the company at a substantial premium of 755% over its net asset book value. Alternative valuation metrics provide further context, with a price-to-sales ratio of 7.60 and an EV/EBITDA of 60.67, suggesting that investors are pricing in high future growth potential despite current earnings challenges. The stock's trading range over the past year spans from a 52-week low of $14.94 to a 52-week high of $61.47, placing the current valuation within a wide band of volatility relative to this historical range. Risk characteristics are defined by a beta of 0.38, which signifies that the stock's price volatility is significantly lower than that of the broader market, offering a degree of defensive stability during periods of high market correlation.
Growth & Income
Recent performance data indicates a revenue growth rate of -10.8% and an earnings growth rate of -90.0% year-over-year. The earnings contraction occurring at a much faster pace than the revenue decline implies that cost structures have become unsustainable or that fixed costs are disproportionately impacting the bottom line during this downturn. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, meaning that all generated earnings are currently retained for operations or debt reduction rather than being distributed to shareholders. The overall growth and income profile for Frequency Electronics, Inc. is characterized by significant earnings contraction, negative free cash flow, and a complete absence of dividend income, reflecting a firm navigating a challenging financial cycle with high leverage.