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Richardson Electronics Ltd(RELL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for RELL
09/17/2026: RELL (1-star) is currently NOT-A-BUY. Pass it for now.
Richardson Electronics Ltd is a specialized firm that provides engineered electronic solutions, including power grid tubes, microwave components, and custom displays for healthcare and industrial sectors. The company is known for its strong aftermarket position and successful pivot toward high-growth areas like renewable energy storage via its ultracapacitor products. While the firm benefits from deep relationships with professional OEMs, it remains exposed to cyclical fluctuations in the semiconductor and wind energy markets. Risks include technological obsolescence in core tube products and the execution challenges of scaling new technologies. The stock may suit value-oriented investors seeking dividend income who are comfortable with the inherent volatility of cyclical industrial technology markets.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is contingent on the adoption of specific technologies like ultracapacitors rather than broad market trends. |
| Momentum investor | Weak fit | Stock performance often fluctuates based on cyclical industrial cycles rather than consistent, rapid price momentum. |
| Value investor | Strong fit | The company often trades at valuations that reflect its tangible asset base and niche market stability. |
| Dividend investor | Strong fit | Regular dividend payments provide income stability for investors comfortable with cyclical industrial exposure. |
| Low-risk investor | Mixed fit | While the balance sheet is strong, cyclical demand can lead to significant share price volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | The stock can experience rapid price swings driven by cyclical industrial demand and investor sentiment. |
| Valuation risk | Medium | While generally reasonable, valuations are sensitive to the company's ability to maintain margins in its proprietary segments. |
| Competition risk (niche technology) | Medium | Smaller competitors or technological shifts could erode the company's advantage in specialized power components. |
| Business quality | Medium | The transition to higher-margin products is ongoing and success depends on execution in specialized markets. |
| Dividend income | Medium | Dividend sustainability depends on the company's ability to generate steady free cash flow during cyclical downturns. |
| Execution risk | Medium / high | Success relies heavily on the effective R&D and commercialization of new power and storage technologies. |
Price Behavior

Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.

Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 9.49% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 247.94M USD | Price to earnings Ratio 37.07 | 1Y Target Price 20.5 |
Price to earnings Ratio 37.07 | 1Y Target Price 20.5 | ||
Volume (30-day avg) 170.6K shares | Beta 1.24 | 52 Weeks Range 9.25 - 23.08 | Updated Date 09/17/2026 |
52 Weeks Range 9.25 - 23.08 | Updated Date 09/17/2026 | ||
Dividends yield (FY) 1.46% | Basic EPS (TTM) 0.45 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Power and Microwave Technologies (PMT) | Power grid tubes, microwave components, and RF power conversion modules. | This is the company's core manufacturing engine, serving stable but mature industrial and medical markets. |
| Green Energy Solutions (GES) | Ultracapacitor modules primarily for wind turbines. | This represents the growth-oriented segment tied to renewable energy infrastructure and industrial energy storage. |
| Canvys | Specialized medical and industrial monitors. | A stable business providing customized hardware for professional high-requirement environments. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 37.07 | Forward PE 42.19 | Enterprise Value 214.72M | Price to Sales(TTM) 1.08 |
Enterprise Value 214.72M | Price to Sales(TTM) 1.08 | ||
Enterprise Value to Revenue 0.94 | Enterprise Value to EBITDA 22.8 | Shares Outstanding 12.83M | Shares Floating 12.01M |
Shares Outstanding 12.83M | Shares Floating 12.01M | ||
Percent Insiders 3.4 | Percent Institutions 78.24 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Richardson Electronics Ltd
Exchange NASDAQ | Headquarters LaFox, IL, United States | ||
IPO Launch date 1990-03-26 | Chairman, CEO & President Mr. Edward J. Richardson | ||
Sector Technology | Industry Electronic Components | Full time employees 392 | Website https://www.rell.com |
Full time employees 392 | Website https://www.rell.com | ||
Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications, including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology. This segment also provides thyratrons and rectifiers, power tubes, ignitrons, magnetrons, phototubes, microwave generators, ultracapacitor modules, and liquid crystal display monitors under the Amperex, Cetron, and National brands. The Green Energy Solutions segment operates as a designer, manufacturer, technology partner, and distributor of products for green energy applications, such as wind, solar, hydrogen, and electric vehicles; and other power management applications that support green solutions comprising synthetic diamond manufacturing. Its Canvys segment provides custom display solutions consisting of touch screens, protective panels, custom enclosures, all-in-one computers, specialized cabinet finishes and application-specific software packages, and certification. The company serves energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company was founded in 1947 and is headquartered in LaFox, Illinois.

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