Richardson Electronics, Ltd. (RELL) Stock

Richardson Electronics, Ltd. (RELL) is a Consumer Discretionary stock trading at $17.26 (as of 2026-08-21), with a market capitalization of $219.03M and a trailing P/E of 34.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Richardson Electronics, Ltd. operates through segments that supply power and microwave technologies and related technical services, including power conversion and RF/microwave components, as well as custom display solutions. It also provides healthcare products such as replacement parts and subsystems for CT and MRI systems, serving customers across multiple industries and regions.

Understand Richardson Electronics, Ltd.: how it makes money

Richardson Electronics sells engineered power and microwave technologies, customized display solutions, and healthcare-related offerings, generating revenue from net sales of its products and related technical solutions for industrial and related applications.

Profit generation is driven by how demand converts into incoming orders, tracked by the Book-to-Bill Ratio, while cash flow quality depends on how quickly the company collects receivables, tracked by Days Sales Outstanding.

Revenue by segment (latest quarter)
PowerMicrowave$0.0B
Canvas$0.0B
GreenEnergy$0.0B
Healthcare$0.0B
Other$0.0B

Business quality (Weak): Strong demand signal context from book-to-bill metrics and a cash conversion metric (DSO), but segment revenue candidates sum to 0.06B while the latest reported revenue is 0.1B, so the segment view appears incomplete or rounded.

Valuation: At 60× earnings, RELL trades 149% above the Wholesale average (24×). Note: one-time items can distort reported P/E.

Bull case

  • Order intake appears to be running ahead of sales: Book-to-Bill Ratio is 1.38 (ratio), and Power and Microwave Technologies Group book-to-bill is 1.03.
  • Receivables collection looks controlled: Days Sales Outstanding is 39.0.

Bear case

  • Operating profitability is thin: Gross margin is 31.9%, but operating margin is only 2.7% (period ending 2026-02-28).
  • Demand momentum may be uneven across groups: Book-to-Bill Ratio is 1.03 for Power and Microwave Technologies Group, close to 1.0, while Green Energy Solutions is 1.1.
Valuation — source: SEC EDGAR (first-party)
Price$17.26
Market Cap$219.03M
P/E Ratio34.3
EV / EBITDA18.3
Price / Book1.34
Price / Sales0.96
FCF Yield-1.7%
DCF Value (model)$3.62
DCF Upside vs Price-79.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$228.56M
Net Margin2.8%
Revenue Growth (YoY)9.4%
FCF Growth (YoY)-146.8%
Financial Health — source: SEC EDGAR
Altman Z-Score6.05 (safe)
Valuation vs Sector & Industry
Stock P/E34.3
Sector P/E (Consumer Discretionary)20.7
Industry P/E (Wholesale)24.0
vs Sector65.8%
vs Industry43.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderROYCE & ASSOCIATES LP ($15.58M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryWholesale
CEOEdward J. Richardson
Employees407
CountryUS
IPO Date1983-10-28

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RELL earnings history · RELL institutional & insider holders · RELL KPIs & operating metrics · RELL financials · RELL investor presentations & press releases · RELL SEC filings · RELL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.