FEIM official logo FEIM
FEIM 3-star rating from Upturn Advisory
Frequency Electronics Inc (FEIM) company logo

Frequency Electronics Inc (FEIM)

Frequency Electronics Inc (FEIM) 3-star rating from Upturn Advisory
$31.32
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Upturn Advisory Summary

12/05/2025: FEIM (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 3 star rating for performance

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 144.7%
Avg. Invested days 53
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 225.27M USD
Price to earnings Ratio 9.66
1Y Target Price 17
Price to earnings Ratio 9.66
1Y Target Price 17
Volume (30-day avg) -
Beta 0.37
52 Weeks Range 8.12 - 24.77
Updated Date 06/29/2025
52 Weeks Range 8.12 - 24.77
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 2.41

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 35.34%
Operating Margin (TTM) -13.02%

Management Effectiveness

Return on Assets (TTM) 8.34%
Return on Equity (TTM) 52.23%

Valuation

Trailing PE 9.66
Forward PE -
Enterprise Value 224749222
Price to Sales(TTM) 3.44
Enterprise Value 224749222
Price to Sales(TTM) 3.44
Enterprise Value to Revenue 3.44
Enterprise Value to EBITDA 19.52
Shares Outstanding 9676510
Shares Floating 6771624
Shares Outstanding 9676510
Shares Floating 6771624
Percent Insiders 32.5
Percent Institutions 57.4

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Frequency Electronics Inc

Frequency Electronics Inc(FEIM) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Frequency Electronics Inc. (FEI) was founded in 1962. It has since evolved into a leading designer and manufacturer of high-precision electronic components and systems. The company has a history of serving demanding industries such as aerospace, defense, telecommunications, and test and measurement. Over the decades, FEI has grown through organic development and strategic acquisitions, expanding its technological capabilities and market reach.

Company business area logo Core Business Areas

  • Time and Frequency Standards: FEI designs, manufactures, and markets a broad range of high-precision time and frequency reference instruments. These include atomic clocks, GPS disciplined oscillators, and other specialized timing solutions crucial for precise synchronization in various applications.
  • RF, Microwave, and Other Electronic Products: This segment encompasses a variety of specialized electronic components and systems, including power amplifiers, frequency converters, and integrated subsystems. These products are often custom-designed for specific defense and commercial applications.

leadership logo Leadership and Structure

Frequency Electronics Inc. is led by a management team with extensive experience in the electronics and defense industries. The company operates through its subsidiaries, including FEI-Zyfer, Inc. and Chrono-Time, Inc., which focus on specific product lines and markets.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Atomic Clocks and Oscillators: FEI produces highly accurate atomic clocks and disciplined oscillators (GPSDOs) that provide stable and precise time and frequency references. These are critical for satellite navigation, telecommunications, and scientific research. Competitors include Safran SA, Microchip Technology Inc., and Spectracom (part of Orolia).
  • Timing and Synchronization Systems: The company offers integrated solutions for timing and synchronization, including specialized GPS receivers and time servers. These systems ensure accurate time distribution in critical infrastructure like data centers and power grids. Competitors include Trimble Inc. and Spirent Communications plc.
  • RF and Microwave Subsystems: FEI designs and manufactures custom RF and microwave components and subsystems for defense applications, such as electronic warfare and radar systems. Key competitors in this niche include Mercury Systems, Inc. and L3Harris Technologies, Inc.

Market Dynamics

industry overview logo Industry Overview

The industries Frequency Electronics Inc. serves are characterized by high technical barriers to entry, long product development cycles, and strong demand for reliability and precision. The aerospace and defense sector is driven by government spending and technological advancements, while telecommunications and data infrastructure require robust and accurate timing solutions.

Positioning

Frequency Electronics Inc. is positioned as a niche provider of high-precision timing and frequency components and specialized RF solutions. Its competitive advantage lies in its engineering expertise, ability to develop custom solutions, and long-standing relationships with defense contractors and government agencies. The company operates in markets with significant technological sophistication.

Total Addressable Market (TAM)

The TAM for timing and frequency control devices is substantial and growing, driven by the expansion of 5G networks, IoT devices, data centers, and satellite constellations. For specialized RF and microwave components, the defense sector represents a significant, albeit fluctuating, market. FEI addresses a segment of this TAM where high precision and custom solutions are paramount, rather than competing in high-volume, commoditized markets. Its positioning is focused on high-value, specialized applications.

Upturn SWOT Analysis

Strengths

  • Deep expertise in high-precision timing and frequency technology.
  • Strong relationships with government and defense contractors.
  • Ability to develop custom-engineered solutions.
  • Established reputation for reliability and quality.
  • Proprietary technologies in atomic clock development.

Weaknesses

  • Relatively small company size compared to major defense contractors.
  • Dependence on government spending cycles for a significant portion of revenue.
  • Potential challenges in scaling production for mass-market applications.
  • Limited brand recognition outside of its specialized markets.

Opportunities

  • Growth in demand for precise timing in 5G infrastructure and IoT.
  • Increasing investment in satellite technology and space-based applications.
  • Expansion into commercial markets requiring advanced timing solutions (e.g., financial trading, data centers).
  • Potential for strategic partnerships or acquisitions to expand capabilities.
  • Advancements in quantum timing technologies.

Threats

  • Budgetary constraints or shifts in government defense spending.
  • Intensifying competition from larger, well-funded companies.
  • Technological obsolescence if R&D lags.
  • Supply chain disruptions for critical components.
  • Cybersecurity threats impacting sensitive defense contracts.

Competitors and Market Share

Key competitor logo Key Competitors

  • Trimble Inc. (TRMB)
  • Microchip Technology Inc. (MCHP)
  • L3Harris Technologies, Inc. (LHX)
  • Safran SA (SAF.PA - Foreign)
  • Mercury Systems, Inc. (MRCY)

Competitive Landscape

Frequency Electronics Inc. competes in a landscape with larger, more diversified companies as well as specialized players. Its advantage lies in its deep technical expertise and ability to deliver highly customized solutions for demanding applications. However, it faces challenges in competing with the R&D budgets and sales forces of larger conglomerates. Its niche focus allows it to carve out a significant share in specific high-value segments.

Growth Trajectory and Initiatives

Historical Growth: Frequency Electronics Inc. has experienced periods of growth driven by defense spending cycles and advancements in telecommunications. However, its growth can be inconsistent due to the project-based nature of its business and reliance on government contracts.

Future Projections: Future growth is expected to be driven by the increasing demand for precise timing in emerging technologies like 5G, autonomous systems, and advanced aerospace applications. Analyst estimates for future growth should be consulted for specific projections, which often depend on the company securing new, significant contracts.

Recent Initiatives: Recent initiatives likely focus on product innovation, expanding its addressable market into commercial sectors, and potentially pursuing strategic partnerships or acquisitions to enhance its technological capabilities and market reach.

Summary

Frequency Electronics Inc. is a specialized manufacturer with strong expertise in precision timing and frequency systems, primarily serving the defense and aerospace sectors. Its strengths lie in custom solutions and established customer relationships. However, it faces challenges from larger competitors and is susceptible to government budget fluctuations. Growth opportunities exist in emerging technologies like 5G and IoT, but the company must navigate intense competition and invest in innovation to capitalize on them.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Investor Relations (SEC Filings)
  • Industry Analysis Reports
  • Financial News Outlets
  • Market Data Providers

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It does not constitute investment advice. Financial data and market share are estimates and may vary. Investors should conduct their own due diligence before making investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Frequency Electronics Inc

Exchange NASDAQ
Headquaters Mitchel Field, NY, United States
IPO Launch date 1983-09-01
CEO, President & Director Dr. Thomas McClelland
Sector Technology
Industry Communication Equipment
Full time employees 200
Full time employees 200

Frequency Electronics, Inc., together with its subsidiaries, engages in designing, development, and manufacturing of precision time and frequency control products and components for microwave integrated circuit applications. It operates through two segments: FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time and frequency control products for communication satellites, terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military; and provides design and technical support for satellite business. The FEI-Zyfer segment offers global positioning system technologies to systems and subsystems for secure communications, both government and commercial, and other locator applications; and engages in sale and support of wireline telecommunications products, including US5G. It markets its products directly and through independent sales representative organizations located in the United States, Europe, and Asia. Frequency Electronics, Inc. was founded in 1961 and is headquartered in Mitchel Field, New York.