# Richardson Electronics Ltd. (RELL) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Electronic Components & Instruments. Price $19.56, market value $291 million.

## Valuation
- **P/E (trailing): 33.7×**. Richardson Electronics Ltd. trades at 33.7× trailing earnings. The Technology median in the September 2026 study was 32.1×. Forward P/E is 20.8×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 0.1%** (5-yr avg -0.2%). Free cash flow equals 0.1% of the market value, above its five-year average of -0.2%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 3.0%**. The inverse of the P/E: 3.0% of the price is earned each year.

## Profitability
- **Gross margin: 32.2%**. Richardson Electronics Ltd. keeps 32.2% of revenue after the direct cost of what it sells.
- **Operating margin: 4.4%**. 4.4% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 2.8%**. 2.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.9%**. 3.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 4.2%**. Each dollar of assets produces 4.2% of profit.

## Growth
- **Revenue growth (1 yr): 9.4%** (3-yr -4.5%/yr, 5-yr 5.3%/yr). Revenue grew 9.4% over the last year, against 5.3% a year compounded over five years: growth is accelerating.

## Financial health
- **Current ratio: 4.75** (quick 4.75). Current assets cover the next year's liabilities 4.75 times.
- **Altman Z-score: 8.00**. A Z-score of 8.00 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.16%** ($0.24 per share, trailing). Richardson Electronics Ltd. yields 1.16%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 54%**. 54% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 17**. 17 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 93.5%** (YTD 91.8%, 3-mo -3.3%). The shares are up 93.5% over twelve months including dividends.
- **From 52-week high: -15.5%** (108.8% above the low). Trading 16% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 2.40** (volatility 70%). Beta of 2.40 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RELL · Page: https://foliofundamentals.com/stocks/rell

Not investment advice.