- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- About
Richardson Electronics Ltd (RELL)

- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
01/09/2026: RELL (1-star) is a SELL. SELL since 2 days. Simulated Profits (-8.76%). Updated daily EoD!
1 Year Target Price $12.5
1 Year Target Price $12.5
| 0 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 16.97% | Avg. Invested days 42 | Today’s Advisory SELL |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 153.31M USD | Price to earnings Ratio 211.2 | 1Y Target Price 12.5 |
Price to earnings Ratio 211.2 | 1Y Target Price 12.5 | ||
Volume (30-day avg) 1 | Beta 1.01 | 52 Weeks Range 7.43 - 13.56 | Updated Date 01/9/2026 |
52 Weeks Range 7.43 - 13.56 | Updated Date 01/9/2026 | ||
Dividends yield (FY) 1.75% | Basic EPS (TTM) 0.05 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-01-14 | When - | Estimate 0.02 | Actual -0.01 |
Profitability
Profit Margin 0.38% | Operating Margin (TTM) 0.26% |
Management Effectiveness
Return on Assets (TTM) 0.84% | Return on Equity (TTM) 0.51% |
Valuation
Trailing PE 211.2 | Forward PE 26.6 | Enterprise Value 118284580 | Price to Sales(TTM) 0.72 |
Enterprise Value 118284580 | Price to Sales(TTM) 0.72 | ||
Enterprise Value to Revenue 0.56 | Enterprise Value to EBITDA 14.9 | Shares Outstanding 12481251 | Shares Floating 12007547 |
Shares Outstanding 12481251 | Shares Floating 12007547 | ||
Percent Insiders 3.7 | Percent Institutions 68.56 |
Upturn AI SWOT
Richardson Electronics Ltd

Company Overview
History and Background
Richardson Electronics Ltd. was founded in 1947 by Noah Richardson in LaGrange, Illinois. The company began as a distributor of electronic components and has evolved into a global manufacturer and distributor of high-value power electronics and specialized semiconductor solutions. Key milestones include its expansion into various international markets and its strategic shift towards higher-margin, specialized product lines.
Core Business Areas
- Power and RF Solutions: Designs, manufactures, and distributes advanced power modules and high-frequency components, including vacuum tubes, microwave power modules (MPMs), and solid-state amplifiers, for broadcast, medical, industrial, and defense applications.
- Display Solutions: Distributes a broad range of display components and systems, including flat-panel displays, touch screens, and related accessories, catering to industrial, medical, and entertainment sectors.
- Specialty & Communications Components: Distributes a wide array of electronic components, including semiconductors, passive components, and connectors, serving diverse industries such as telecommunications, aerospace, and general industrial.
Leadership and Structure
Richardson Electronics Ltd. operates with a Board of Directors overseeing the executive management team. Key leadership roles typically include a Chief Executive Officer (CEO), Chief Financial Officer (CFO), and heads of its various business segments. The company is structured around its core business areas, with dedicated teams for engineering, manufacturing, sales, and distribution.
Top Products and Market Share
Key Offerings
- Microwave Power Modules (MPMs): High-power microwave amplifiers used in various applications like radar, electronic warfare, and satellite communications. Competitors include L3Harris Technologies, Northrop Grumman, and CPI International. Specific market share data is not publicly disclosed by the company.
- Vacuum Tubes and Related Products: Specialized tubes for high-power RF applications, including broadcast transmitters and industrial heating. Competitors are few and specialized, often including companies like Eimac (CPI) and various smaller manufacturers in Asia. Specific market share data is not publicly disclosed by the company.
- Display Technologies: Includes LCDs, touch screens, and related components for industrial and medical equipment. Competitors are numerous and include major display manufacturers and distributors such as Samsung, LG Display, and Arrow Electronics. Specific market share data is not publicly disclosed by the company.
Market Dynamics
Industry Overview
Richardson Electronics operates in fragmented and specialized markets within the broader electronics industry. These include power electronics, high-frequency components, and display technologies. The industry is characterized by technological innovation, demand for higher performance, increased miniaturization, and stringent regulatory requirements in certain sectors like defense and medical.
Positioning
Richardson Electronics is positioned as a specialized solutions provider, leveraging its expertise in high-power and RF technologies. Its competitive advantages lie in its engineering capabilities, established global distribution network, long-standing customer relationships, and a focus on niche, high-value segments where customized solutions are often required. The company competes by offering specialized products and technical support rather than competing solely on price.
Total Addressable Market (TAM)
The Total Addressable Market for Richardson Electronics' various product lines is substantial, spanning the global markets for power electronics (estimated in hundreds of billions of dollars), RF components, and display solutions. Richardson Electronics is positioned within specific, high-value sub-segments of these markets, rather than aiming for broad market share across all segments. Its TAM is defined by the specialized applications it serves within these larger industries.
Upturn SWOT Analysis
Strengths
- Strong engineering and technical expertise in niche power and RF applications.
- Established global distribution and sales network.
- Long-standing customer relationships and reputation.
- Focus on higher-margin, specialized products.
Weaknesses
- Reliance on a few key product lines and end markets.
- Potential for cyclicality in certain industrial and defense sectors.
- Limited brand recognition compared to larger conglomerates.
- Scalability challenges for rapid, broad market expansion.
Opportunities
- Growing demand for advanced power electronics in 5G, electric vehicles, and renewable energy.
- Expansion into emerging markets with increasing industrialization.
- Development of new, innovative products leveraging their core competencies.
- Strategic partnerships or acquisitions to expand product offerings or market reach.
Threats
- Intensifying competition from both established players and emerging low-cost manufacturers.
- Rapid technological obsolescence.
- Global economic downturns impacting industrial and defense spending.
- Supply chain disruptions and increased raw material costs.
Competitors and Market Share
Key Competitors
- CPI International (CPI)
- L3Harris Technologies (LHX)
- Northrop Grumman (NOC)
Competitive Landscape
Richardson Electronics holds a strong position in its specialized niches, particularly in certain vacuum tube and MPM applications. Its advantages are its deep technical expertise and tailored solutions. However, it faces competition from larger defense contractors (L3Harris, Northrop Grumman) that have broader capabilities and from specialized component manufacturers (CPI) that also compete in specific segments.
Growth Trajectory and Initiatives
Historical Growth: Richardson Electronics has experienced growth through organic development of its specialized product lines and through strategic acquisitions. Growth has been focused on shifting the product mix towards higher-margin, technologically advanced offerings.
Future Projections: Analyst projections would likely focus on the company's ability to capitalize on trends in high-growth sectors like renewable energy, advanced communications, and defense. Projections would consider the impact of new product introductions and market penetration.
Recent Initiatives: Recent initiatives may include investments in new manufacturing capabilities, expansion of R&D for next-generation power and RF solutions, and efforts to strengthen its global sales and support network.
Summary
Richardson Electronics Ltd. is a specialized manufacturer and distributor with a strong niche in power and RF solutions. The company leverages its engineering expertise and global network to serve high-value industrial, defense, and medical markets. While facing competition and market cyclicality, its focus on advanced, higher-margin products provides a stable foundation. Growth opportunities lie in emerging technologies, while threats include rapid technological change and global economic instability.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Richardson Electronics Ltd. Investor Relations
- Industry Reports on Power Electronics and RF Components
- Financial Data Aggregators (e.g., Bloomberg, Refinitiv - for publicly available data)
- Company Filings (e.g., SEC filings)
Disclaimers:
This analysis is based on publicly available information and may not be exhaustive. Market share data is estimated and not directly provided by the company. Financial performance is subject to market fluctuations and company-specific factors. This information is for informational purposes only and does not constitute investment advice.
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.
About Richardson Electronics Ltd
Exchange NASDAQ | Headquaters 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 396 | Website https://www.rell.com |
Full time employees 396 | 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. The company's 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. Its 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. The company's 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. Its Healthcare segment offers diagnostic imaging replacement parts for CT and MRI systems, replacement CT and MRI tubes, CT service training, MRI and RF amplifiers, hydrogen thyratrons, klystrons, flat panel detector upgrades, pre-owned CT systems, and replacement solutions for the healthcare market. 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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
Home 

