-0.65%
-9.94%
-30.00%
-21.83%
50.98%
4.05%
-53.75%
AI Spotlight on REFR
Company Description
Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide.The company develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.Its SPD-Smart light-control technology is used in various product applications, including windows, sunshades, skylights, and interior partitions for homes and buildings; automotive windows, sunroofs, sun-visors, sunshades, rear-view mirrors, instrument panels, and navigation systems; aircraft windows; museum display panels, and eyewear products; and flat panel displays for electronic products.
The company serves architectural, automotive, marine, and aerospace and appliance applications.Research Frontiers Incorporated was incorporated in 1965 and is headquartered in Woodbury, New York.
Market Data
| Last Price | 1.54 |
| Change Percentage | -0.65% |
| Open | 1.59 |
| Previous Close | 1.55 |
| Market Cap ( Millions) | 52 |
| Volume | 5620 |
| Year High | 2.41 |
| Year Low | 0.93 |
| M A 50 | 1.75 |
| M A 200 | 1.93 |
Financial Ratios
| FCF Yield | -2.68% |
| Dividend Yield | 0.00% |
| ROE | -38.13% |
| Debt / Equity | 3.90% |
| Net Debt / EBIDTA | 135.93% |
| Price To Book | 18.28 |
| Price Earnings Ratio | -43.62 |
| Price To FCF | -37.25 |
| Price To sales | 35.12 |
| EV / EBITDA | -44.26 |
News
- Nov -09 - Research Frontiers Incorporated (REFR) Q3 2024 Earnings Call Transcript
- Nov -04 - RESEARCH FRONTIERS TO HOSTΒ THIRD QUARTER 2024 CONFERENCE CALL
- Nov -01 - Sutro Biopharma Announces Initiation of the Registration-enabling REFRΞ±ME-P1 Trial with Luvelta for Pediatric Patients with CBF/GLIS AML
- Aug -22 - Sutro Biopharma Announces Initiation of REFRΞ±ME-L1 Phase 2 Trial with Luvelta for Patients with Non-Small Cell Lung Cancer
- Aug -02 - Research Frontiers, Inc. (REFR) Q2 2024 Earnings Call Transcript
- Aug -01 - Research Frontiers Reports Second Quarter 2024 Financial ResultsΒ and Will Host a Conference Call at 4:30p.m. Today
- Jul -29 - RESEARCH FRONTIERS TO HOSTΒ SECOND QUARTER 2024 CONFERENCE CALL
- Jun -06 - Research Frontiers and AIT Group UnveilΒ Revolutionary Retrofittable SPD-SmartGlass WindowΒ At AIA Conference on Architecture & Design in Washington DC
- May -15 - Research Frontiers, Inc. (REFR) Q1 2024 Earnings Call Transcript
- May -06 - RESEARCH FRONTIERS TO HOST FIRST QUARTER 2024 CONFERENCE CALL
- Mar -08 - Research Frontiers Incorporated (REFR) Q4 2023 Earnings Call Transcript
- Mar -07 - Research Frontiers Reports Fourth Quarter and Year-End 2023 Financial Results and Will Host a Conference Call at 4:30p.m. Today
- Nov -03 - Research Frontiers Incorporated (REFR) Q3 2023 Earnings Call Transcript
- Nov -02 - Research Frontiers Reports Third Quarter 2023 Financial ResultsΒ and Will Host a Conference Call at 4:30p.m. Today
- Oct -30 - RESEARCH FRONTIERS TO HOST THIRD QUARTER 2023 CONFERENCE CALL
- Aug -06 - Research Frontiers Incorporated (REFR) Q2 2023 Earnings Call Transcript
- Aug -03 - Research Frontiers Reports Second Quarter 2023 Financial Results and Will Host a Conference Call at 4:30p.m. Today
- Jul -31 - RESEARCH FRONTIERS TO HOST SECOND QUARTER 2023 CONFERENCE CALL
- May -07 - Research Frontiers Incorporated (REFR) Q1 2023 Earnings Call Transcript
- May -01 - RESEARCH FRONTIERS TO HOST FIRST QUARTER 2023 CONFERENCE CALL
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Light Valves
Expected Growth : 15.4 %
What the company do ?
Light Valves from Research Frontiers Incorporated are SPD-Smart light-control technology that allows users to instantly and precisely control the amount of light that enters a room.
Why we expect these perspectives ?
Growing demand for energy-efficient solutions, increasing adoption of smart buildings, and rising awareness about health benefits of natural light control are driving the growth of the Light Valves market.
Research Frontiers Incorporated Products
| Product Range | What is it ? |
|---|---|
| SPD-SmartGlass | A type of smart glass that can change from transparent to opaque with the application of an electric current. |
| SPD-SmartPlastic | A type of smart plastic that can change from transparent to opaque with the application of an electric current. |
| SPD-SmartFilm | A type of smart film that can change from transparent to opaque with the application of an electric current. |
| SPD-Licenses | Licenses for the use of SPD technology in various applications. |
| SPD-R&D | Research and development services for the development of new SPD-based products. |
Research Frontiers Incorporated's Porter Forces
Threat Of Substitutes
Research Frontiers Incorporated has a moderate threat of substitutes due to the availability of alternative technologies and materials in the market.
Bargaining Power Of Customers
The bargaining power of customers is low due to the specialized nature of Research Frontiers Incorporated's products and the lack of alternative suppliers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of multiple suppliers in the market, but Research Frontiers Incorporated's dependence on a few key suppliers.
Threat Of New Entrants
The threat of new entrants is high due to the relatively low barriers to entry in the industry and the attractiveness of the market.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the market and the high stakes involved in the industry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 7.07% |
| Debt Cost | 3.95% |
| Equity Weight | 92.93% |
| Equity Cost | 5.03% |
| WACC | 4.95% |
| Leverage | 7.61% |
Research Frontiers Incorporated : Quality Control
Research Frontiers Incorporated passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MEI | Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related β¦ |
| OUST | Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a β¦ |
| FARO | FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. β¦ |
| RELL | Richardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthcare businesses in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave β¦ |
| ALNT | Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries worldwide. It offers brush and brushless DC motors, brushless β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Richardson Electronics
A-Score
1-Year Total Return ->
π₯
Methode Electronics
A-Score
1-Year Total Return ->
π₯
Research Frontiers
A-Score
1-Year Total Return ->
4
Ouster
A-Score
1-Year Total Return ->
5
FARO Technologies
A-Score
1-Year Total Return ->
6
