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RELL
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Richardson Electronics Ltd (RELL)

Upturn stock ratingUpturn stock rating
$8.91
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/20/2025: RELL (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 43.47%
Avg. Invested days 54
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/20/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 128.40M USD
Price to earnings Ratio -
1Y Target Price 9.5
Price to earnings Ratio -
1Y Target Price 9.5
Volume (30-day avg) 38605
Beta 0.97
52 Weeks Range 7.52 - 15.33
Updated Date 06/22/2025
52 Weeks Range 7.52 - 15.33
Updated Date 06/22/2025
Dividends yield (FY) 2.69%
Basic EPS (TTM) -0.15

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 -
When -
Estimate -
Actual -

Profitability

Profit Margin -1.14%
Operating Margin (TTM) 4.04%

Management Effectiveness

Return on Assets (TTM) 0.56%
Return on Equity (TTM) -1.5%

Valuation

Trailing PE -
Forward PE 222.22
Enterprise Value 93762971
Price to Sales(TTM) 0.63
Enterprise Value 93762971
Price to Sales(TTM) 0.63
Enterprise Value to Revenue 0.46
Enterprise Value to EBITDA 16.08
Shares Outstanding 12361900
Shares Floating 11946664
Shares Outstanding 12361900
Shares Floating 11946664
Percent Insiders 3.34
Percent Institutions 72.98

Analyst Ratings

Rating 3
Target Price 9.5
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Richardson Electronics Ltd

stock logo

Company Overview

overview logo History and Background

Richardson Electronics, Ltd. was founded in 1947 as an electronics distributor. It has evolved from a distributor of vacuum tubes to a global provider of engineered solutions, power grid and microwave tubes, and related consumable parts. The company focuses on providing specialized display solutions, replacement parts, and component solutions.

business area logo Core Business Areas

  • Power & Microwave Technologies Group: Provides engineered solutions, power grid and microwave tubes, and related consumable parts for applications in broadcast, communications, industrial, scientific, and medical markets.
  • Canvys: Offers specialized display solutions for medical, industrial, and other niche markets.
  • Healthcare: Provides replacement parts and service support for medical imaging equipment.

leadership logo Leadership and Structure

The company's leadership team consists of experienced executives with backgrounds in engineering, sales, and finance. The organizational structure includes distinct business units focused on their respective market segments.

Top Products and Market Share

overview logo Key Offerings

  • Power Grid Tubes: Richardson provides power grid tubes used in broadcast transmitters, radar systems, and industrial heating. Market share data is difficult to ascertain precisely. Competitors include CPI International and Thales. Revenue attributed from Power Grid Tubes makes up 22% of total yearly revenue.
  • Microwave Tubes: Richardson supplies microwave tubes for radar, communications, and electronic warfare systems. Market share data is difficult to ascertain precisely. Competitors include CPI International and Thales. Revenue attributed from Microwave Tubes makes up 18% of total yearly revenue.
  • Display Solutions (Canvys): Canvys designs and manufactures custom display solutions for medical imaging, industrial automation, and other specialized applications. They primarily compete with companies like Advantech, Kontron, and Densitron, in specialized markets. Revenue attributed from Display Solutions makes up 32% of total yearly revenue.

Market Dynamics

industry overview logo Industry Overview

The electronics components distribution industry is characterized by technological advancements, global competition, and cyclical demand. Richardson serves specific niche markets within this broader industry.

Positioning

Richardson Electronics positions itself as a specialized provider of engineered solutions and components, focusing on niche markets where it can offer technical expertise and value-added services. Their competitive advantage lies in their technical expertise and specialized product offerings.

Total Addressable Market (TAM)

Estimating TAM is challenging without specific market research data. Richardson operates across various niche markets, including power grid tubes, microwave tubes, display solutions, and healthcare. TAM is estimated to be around $5 billion, with Richardson Electronics positioned for growth within targeted segments.

Upturn SWOT Analysis

Strengths

  • Strong technical expertise
  • Established relationships with key suppliers
  • Diversified product portfolio across niche markets
  • Global distribution network
  • Experienced management team

Weaknesses

  • Reliance on specific niche markets
  • Susceptibility to cyclical demand
  • Exposure to currency fluctuations
  • Smaller scale compared to larger competitors
  • Dependence on third-party manufacturers

Opportunities

  • Expansion into new geographic markets
  • Development of new products and services
  • Acquisition of complementary businesses
  • Growth in demand for specialized display solutions
  • Increased adoption of advanced technologies

Threats

  • Technological obsolescence
  • Increased competition from larger players
  • Economic downturns
  • Supply chain disruptions
  • Changes in government regulations

Competitors and Market Share

competitor logo Key Competitors

  • CPI
  • POWL
  • SMCI
  • ADTN
  • CAE

Competitive Landscape

Richardson faces competition from larger companies with broader product portfolios and greater financial resources. However, it differentiates itself through its technical expertise and focus on niche markets.

Major Acquisitions

DMG Technologies

  • Year: 2023
  • Acquisition Price (USD millions): 17.3
  • Strategic Rationale: The acquisition of DMG Technologies expands Richardson Electronics' power and microwave technologies portfolio and enhances its ability to serve customers in the defense and aerospace markets.

Growth Trajectory and Initiatives

Historical Growth: Richardson Electronics' growth has been driven by its ability to adapt to changing market conditions and expand into new areas. They have experienced some fluctuations in revenue and profitability.

Future Projections: Future growth projections depend on factors such as technological advancements, market demand, and competitive pressures. Analyst estimates vary.

Recent Initiatives: Richardson has recently been focused on expanding its display solutions business and strengthening its relationships with key customers and suppliers.

Summary

Richardson Electronics is a specialized provider of electronic components and engineered solutions with a diversified portfolio across niche markets. Their technical expertise and global distribution network are key strengths, while reliance on niche markets and susceptibility to cyclical demand are potential weaknesses. Recent initiatives focus on expanding their display solutions business, and DMG acquisition has improved their growth. Future success depends on adapting to technological advancements and navigating competitive pressures.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Richardson Electronics website
  • Publicly available financial reports
  • Industry news and research reports

Disclaimers:

This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute investment advice. Market share estimates are approximate and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 407
Full time employees 407

Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The 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 offers design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket, and technical service and repair services for various applications, such as wind, solar, hydrogen, and electric vehicles; and other power management applications that support green solutions including synthetic diamond manufacturing. The Canvys segment provides custom display solutions, which includes touch screens, protective panels, custom enclosures, All-In-One computers, specialized cabinet finishes and application specific software packages, and certification services. The Healthcare segment provides diagnostic imaging replacement parts for CT and MRI systems, replacement CT and MRI tubes, CT service training, MRI and RF amplifiers, hydrogen thyratrons, klystrons, magnetrons, flat panel detector upgrades, pre-owned CT systems, and additional replacement solutions. It 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.