1.38%
-5.92%
-3.93%
10.28%
34.15%
3.94%
150.47%

Company Description

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 Technologies Group segment provides engineered solutions, power grid and microwave tubes, and related consumables; technical services for microwave and industrial equipment; and power conversion and RF and microwave component for broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, high energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology applications.


The company's Canvys segment provides custom display solutions, such as touch screens, protective panels, all-in-one computers, custom enclosures, specialized cabinet finishes, application specific software packages, and certification services to corporate enterprise, financial, healthcare, industrial, and medical original equipment manufacturer markets.Its Healthcare segment manufactures and distributes diagnostic imaging replacement parts for CT and MRI systems; replacement CT and MRI tubes; MRI coils, cold heads, and RF amplifiers; hydrogen thyratrons, klystrons, and magnetrons; flat panel detector upgrades; pre-owned CT systems; and additional replacement solutions, as well as offers CT service training.It serves hospitals, medical centers, asset management companies, independent service organizations, and multi-vendor service providers.


The company's products are used to control, switch, or amplify electrical power signals, as well as used as display devices in alternative energy, healthcare, aviation, communications, industrial, marine, medical, military, scientific, and semiconductor markets.The company was founded in 1947 and is headquartered in LaFox, Illinois.

Market Data

Last Price 13.2
Change Percentage 1.38%
Open 13.03
Previous Close 13.02
Market Cap ( Millions) 187
Volume 85100
Year High 15.51
Year Low 8.08
M A 50 13.91
M A 200 12.34

Financial Ratios

FCF Yield 4.14%
Dividend Yield 1.82%
ROE 0.30%
Debt / Equity 1.49%
Net Debt / EBIDTA -644.25%
Price To Book 1.04
Price Earnings Ratio 344.27
Price To FCF 24.17
Price To sales 0.92
EV / EBITDA 43.24

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Power and Microwave Technologies

Expected Growth : 9.33 %

What the company do ?

Richardson Electronics' Power and Microwave Technologies segment offers a range of products and solutions for microwave, RF, and power conversion applications.

Why we expect these perspectives ?

Richardson Electronics' Power and Microwave Technologies segment growth of 9.33% is driven by increasing demand for high-power microwave devices in 5G infrastructure, rising adoption of electric vehicles, and growing need for advanced semiconductor manufacturing equipment. Additionally, the company's strategic acquisitions and expanded product offerings have contributed to its growth momentum.

Segment nΒ°2 -> Green Energy Solutions

Expected Growth : 10.27 %

What the company do ?

Green Energy Solutions from Richardson Electronics, Ltd. offers sustainable energy solutions, including solar, wind, and energy storage systems for a cleaner environment.

Why we expect these perspectives ?

Richardson Electronics' Green Energy Solutions segment growth of 10.27% is driven by increasing demand for renewable energy sources, government incentives for sustainable projects, and the company's strategic expansion into emerging markets. Additionally, the segment benefits from the rising adoption of energy-efficient technologies and the growing need for reducing carbon footprint.

Segment nΒ°3 -> Canvys

Expected Growth : 8.5 %

What the company do ?

Canvys, from Richardson Electronics, Ltd., is a leading provider of customized display solutions, offering a range of display products and services for various industries.

Why we expect these perspectives ?

Canvys' 8.5% growth driven by increasing demand for customized display solutions in industrial, medical, and aerospace markets. Strong partnerships with OEMs, expanding product portfolio, and Richardson Electronics' global distribution network contribute to growth. Additionally, investments in technology and manufacturing capabilities enhance operational efficiency, further fueling growth.

Segment nΒ°4 -> Healthcare

Expected Growth : 7.9 %

What the company do ?

Healthcare from Richardson Electronics, Ltd. provides medical imaging and patient monitoring solutions, offering a range of products and services for healthcare professionals.

Why we expect these perspectives ?

Richardson Electronics' 7.9% growth in Healthcare is driven by increasing demand for medical imaging and patient monitoring systems, expansion in emerging markets, and strategic partnerships with medical device manufacturers. Additionally, the company's focus on providing value-added services and solutions has contributed to its growth in this segment.

Richardson Electronics, Ltd. Products

Product Range What is it ?
Electron Tubes Richardson Electronics offers a wide range of electron tubes for various applications, including broadcast, industrial, and medical uses.
Power Grid Tubes Richardson Electronics provides power grid tubes for high-power applications, including broadcast, industrial, and medical uses.
Magnetrons Richardson Electronics offers magnetrons for various applications, including industrial, medical, and scientific uses.
Klystrons Richardson Electronics provides klystrons for high-power applications, including broadcast, industrial, and medical uses.
Thyratrons Richardson Electronics offers thyratrons for high-power switching applications, including industrial and medical uses.
Solid-State RF Energy Richardson Electronics provides solid-state RF energy solutions for various applications, including industrial, medical, and scientific uses.
RF and Microwave Components Richardson Electronics offers a range of RF and microwave components, including amplifiers, antennas, and switches.
Display Solutions Richardson Electronics provides display solutions, including LCD displays, touchscreens, and display controllers.
Custom Displays Richardson Electronics offers custom display solutions for various applications, including industrial, medical, and consumer electronics.

Richardson Electronics, Ltd.'s Porter Forces

The threat of substitutes for Richardson Electronics, Ltd. is medium due to the availability of alternative products and services in the market.

The bargaining power of customers for Richardson Electronics, Ltd. is high due to the concentration of customers in the market and their ability to negotiate prices.

The bargaining power of suppliers for Richardson Electronics, Ltd. is low due to the availability of multiple suppliers in the market and the company's ability to negotiate prices.

The threat of new entrants for Richardson Electronics, Ltd. is medium due to the moderate barriers to entry in the market and the company's established brand reputation.

The intensity of rivalry for Richardson Electronics, Ltd. is high due to the high competition in the market and the company's need to differentiate itself from competitors.

Capital Structure

Value
Debt Weight 1.52%
Debt Cost 3.95%
Equity Weight 98.48%
Equity Cost 8.84%
WACC 8.77%
Leverage 1.54%

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 …
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 …
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. …
REFR 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 …
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 …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
13.2$
Current Price
13.2$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

πŸ₯‡

Richardson Electronics Logo
Richardson Electronics
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯ˆ

Methode Electronics Logo
Methode Electronics
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯‰

Research Frontiers Logo
Research Frontiers
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

4

Ouster Logo
Ouster
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

5

FARO Technologies Logo
FARO Technologies
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

6

Allient Logo
Allient
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->