Frequency Electronics, Inc. (FEIM) Key Metrics
FEIM valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $734.8M
- Enterprise value
- $896.7M
- P/E (TTM)
- 260.7 10-yr median 16.2
- Forward P/E
- 14.2
- PEG ratio
- 1.25
- Price / sales
- 10.1 10-yr median 1.9
- Price / book
- 7.9 10-yr median 1.7
- EV / EBITDA
- 482.1 10-yr median 12.8
- Dividend yield
- —
- Beta
- 0.58
FEIM key metrics, FY2017–FY2026
Fiscal year ended April 30, 2026 · U.S. dollarsFEIM valuation Price multiples at each fiscal year-end price.
FEIM returns How much profit the business earns on the capital it uses.
FEIM per-share figures Results divided by the shares outstanding at year-end.
FEIM financial health Debt, liquidity and how easily interest is covered.
FEIM efficiency & capital use Working capital cycle and where the cash goes.
FEIM valuation history
FEIM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
FEIM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
FEIM cash returned to shareholders
FEIM price vs earnings per share
FEIM key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $490.7M | $178.7M | $90.5M | $61.1M | $75.1M | $99.3M | $91.1M | $107.4M | $77.9M | $92.3M |
| Enterprise value | $496.8M | $182.7M | $78.4M | $56.7M | $62.7M | $88.3M | $93.0M | $95.6M | $64.0M | $85.5M |
| P/E ratio | — | 7.5 | 16.2 | — | — | 146.1 | — | — | — | — |
| Price / sales | 7.8 | 2.6 | 1.6 | 1.5 | 1.6 | 1.8 | 2.2 | 2.2 | 2.0 | 1.8 |
| Price / book | 8.7 | 3.2 | 2.3 | 1.9 | 1.6 | 1.8 | 1.7 | 1.7 | 1.2 | 1.0 |
| Price / free cash flow | — | — | 12.5 | 237.6 | 34.5 | 9.1 | — | — | 25.0 | — |
| Price / operating cash flow | 382.8 | — | 10.4 | 52.0 | 18.6 | 8.2 | — | — | 17.2 | 23.7 |
| EV / sales | 7.9 | 2.6 | 1.4 | 1.4 | 1.3 | 1.6 | 2.2 | 1.9 | 1.6 | 1.7 |
| EV / EBITDA | — | 12.8 | 10.2 | — | — | 37.7 | — | — | — | — |
| EV / free cash flow | — | — | 10.9 | 220.4 | 28.8 | 8.1 | — | — | 20.5 | — |
| Earnings yield | −0.2% | 13.3% | 6.2% | −9.0% | −11.5% | 0.7% | −11.0% | −2.4% | −30.5% | −5.2% |
| Free cash flow yield | −0.3% | −1.8% | 8.0% | 0.4% | 2.9% | 11.0% | −3.2% | −2.7% | 4.0% | −1.5% |
| Dividend yield | 0.0% | 5.4% | 0.0% | 15.3% | 0.0% | — | — | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.3% | 5.6% | 0.0% | 15.3% | 0.0% | — | — | — | 0.0% | 0.0% |
| Share price at fiscal year-end | $50.16 | $18.60 | $9.60 | $6.54 | $8.11 | $10.74 | $10.04 | $12.05 | $8.81 | $10.50 |
| Per share | ||||||||||
| Revenue per share | $6.46 | $7.27 | $5.86 | $4.37 | $5.21 | $5.87 | $4.57 | $5.55 | $4.46 | $5.73 |
| Earnings per share | −$0.09 | $2.48 | $0.59 | −$0.59 | −$0.93 | $0.07 | −$1.10 | −$0.28 | −$2.69 | −$0.55 |
| Operating cash flow per share | $0.13 | −$0.15 | $0.92 | $0.13 | $0.44 | $1.31 | −$0.16 | −$0.01 | $0.51 | $0.44 |
| Free cash flow per share | −$0.16 | −$0.34 | $0.77 | $0.03 | $0.23 | $1.18 | −$0.32 | −$0.32 | $0.35 | −$0.15 |
| Cash per share | $0.16 | $0.49 | $1.94 | $1.29 | $2.32 | $2.18 | $1.58 | $1.33 | $1.59 | $1.14 |
| Book value per share | $5.77 | $5.79 | $4.22 | $3.52 | $5.04 | $5.99 | $5.98 | $7.08 | $7.16 | $10.17 |
| Tangible book value per share | $5.74 | $5.72 | $4.16 | $3.39 | $4.97 | $5.86 | $5.85 | $6.94 | $7.02 | $10.03 |
| Dividends per share | $0.00 | $1.00 | $0.00 | $1.00 | $0.00 | — | — | — | $0.00 | $0.00 |
| Capex per share | $0.29 | $0.19 | $0.16 | $0.10 | $0.20 | $0.13 | $0.16 | $0.31 | $0.16 | $0.60 |
| Debt per share | $0.78 | $0.91 | $0.66 | $0.82 | $0.98 | $0.98 | $1.79 | — | $0.01 | $0.36 |
| Shares outstanding | 9.8M | 9.6M | 9.4M | 9.3M | 9.3M | 9.2M | 9.1M | 8.9M | 8.8M | 8.8M |
| Change in shares outstanding | +1.8% | +1.9% | +1.0% | +0.8% | +0.2% | +1.9% | +1.8% | +0.9% | +0.6% | −1.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −1.6% | 49.9% | 15.4% | −13.8% | −17.0% | 1.2% | −17.0% | −4.0% | −31.2% | −5.3% |
| Return on invested capital (ROIC) | −3.9% | 26.9% | 17.9% | −11.8% | −16.2% | −1.9% | −16.0% | −4.4% | −14.8% | −7.2% |
| Return on assets (ROA) | −1.0% | 24.8% | 5.9% | −6.3% | −9.5% | 0.7% | −11.2% | −3.0% | −24.2% | −4.1% |
| Return on tangible assets | −1.0% | 25.6% | 5.7% | −6.1% | −10.3% | 0.7% | −11.1% | −3.0% | −28.9% | −4.3% |
| Free cash flow margin | −2.5% | −4.6% | 13.1% | 0.6% | 4.5% | 20.1% | −7.0% | −5.8% | 7.9% | −2.7% |
| Income quality (OCF / net income) | — | −0.06 | 1.56 | — | — | 17.88 | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $7.6M | $8.8M | $6.2M | $7.6M | $9.1M | $9.1M | $16.3M | — | $113,000 | $3.2M |
| Cash & short-term investments | $1.6M | $4.7M | $18.3M | $12.0M | $21.5M | $20.1M | $14.4M | $11.9M | $14.0M | $10.0M |
| Net debt | $6.0M | $4.0M | −$12.1M | −$4.4M | −$12.4M | −$11.1M | $1.9M | −$11.9M | −$13.9M | −$6.8M |
| Debt / equity | 0.14 | 0.16 | 0.16 | 0.23 | 0.19 | 0.16 | 0.30 | — | 0.00 | 0.04 |
| Debt / assets | 0.08 | 0.09 | 0.06 | 0.08 | 0.11 | 0.09 | 0.18 | — | 0.00 | 0.03 |
| Net debt / EBITDA | — | 0.28 | −1.58 | — | — | −4.72 | — | — | — | — |
| Current ratio | 2.29 | 2.26 | 1.89 | 1.77 | 2.56 | 2.97 | 3.94 | 9.03 | 9.91 | 8.61 |
| Quick ratio | 1.21 | 1.26 | 1.13 | 1.02 | 1.65 | 2.02 | 2.17 | 5.03 | 4.92 | 5.03 |
| Interest coverage | -34.5 | 112.8 | 46.0 | -6.2 | -104.4 | -7.5 | -101.7 | -33.9 | -156.9 | -50.2 |
| Working capital | $27.0M | $29.7M | $27.3M | $21.0M | $34.1M | $40.6M | $38.2M | $46.9M | $46.8M | $61.7M |
| Invested capital | $62.4M | $59.7M | $27.7M | $28.5M | $34.3M | $44.4M | $56.2M | $51.2M | $49.4M | $82.5M |
| Tangible asset value | $56.2M | $55.0M | $39.2M | $31.7M | $46.1M | $54.2M | $53.0M | $61.9M | $62.0M | $88.1M |
| Net current asset value | $13.7M | $15.0M | −$535,000 | −$9.6M | $17.9M | $18.1M | $14.2M | $29.0M | $31.8M | $45.9M |
| Graham number | — | $17.96 | $7.51 | — | — | $3.15 | — | — | — | — |
| Graham net-net per share | −$0.50 | −$0.39 | −$1.83 | −$2.63 | $0.35 | $0.20 | −$0.29 | $1.08 | $1.56 | $1.68 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $9.6M | $0 | $9.4M | $0 | — | — | — | $0 | $0 |
| Share buybacks (net) | $1.6M | $377,000 | $0 | — | — | — | — | — | $0 | $0 |
| Dividend payout ratio | — | 40.2% | 0.0% | — | — | — | — | — | — | — |
| Dividends + buybacks / free cash flow | — | — | 0.0% | — | 0.0% | — | — | — | 0.0% | — |
| Capex / revenue | 4.5% | 2.6% | 2.7% | 2.3% | 3.9% | 2.3% | 3.6% | 5.6% | 3.6% | 10.4% |
| Capex / operating cash flow | 223.0% | — | 17.1% | 78.1% | 46.1% | 10.2% | — | — | 31.3% | 134.6% |
| Capex / depreciation | 1.51 | 0.88 | 0.70 | 0.38 | 0.61 | 0.38 | 0.45 | 0.99 | 0.57 | 1.98 |
| Stock-based compensation / revenue | 3.1% | 1.7% | 1.5% | 0.5% | 0.5% | 0.5% | 0.8% | 1.0% | 1.2% | 1.3% |
| R&D / revenue | 9.5% | 8.7% | 6.1% | 7.7% | 10.3% | 8.6% | 12.2% | 13.1% | 17.6% | 13.7% |
| SG&A / revenue | 24.4% | 17.6% | 18.4% | 23.0% | 24.1% | 24.3% | 27.9% | 24.4% | 26.9% | 23.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 132.3 | 101.9 | 98.3 | 124.3 | 125.2 | 105.4 | 107.2 | 82.5 | 131.1 | 146.2 |
| Days of inventory on hand | 187.7 | 215.6 | 218.6 | 224.1 | 181.9 | 208.5 | 236.8 | 268.1 | 294.4 | 328.2 |
| Days payables outstanding | 17.7 | 17.0 | 19.0 | 14.1 | 9.9 | 12.2 | 13.3 | 16.4 | 22.8 | 23.7 |
| Cash conversion cycle (days) | 302.4 | 300.4 | 298.0 | 334.3 | 297.1 | 301.6 | 330.7 | 334.3 | 402.7 | 450.7 |
| Receivables turnover | 2.76 | 3.58 | 3.71 | 2.94 | 2.92 | 3.46 | 3.41 | 4.42 | 2.78 | 2.50 |
| Payables turnover | 20.67 | 21.43 | 19.25 | 25.89 | 36.76 | 29.82 | 27.35 | 22.26 | 16.01 | 15.37 |
| Inventory turnover | 1.94 | 1.69 | 1.67 | 1.63 | 2.01 | 1.75 | 1.54 | 1.36 | 1.24 | 1.11 |
| Asset turnover | 0.69 | 0.73 | 0.58 | 0.46 | 0.53 | 0.57 | 0.47 | 0.58 | 0.40 | 0.43 |
| Average receivables | $22.9M | $19.5M | $14.9M | $13.9M | $16.6M | $15.7M | $12.2M | $11.2M | $14.2M | $20.2M |
| Average payables | $2.2M | $1.9M | $1.9M | $1.3M | $1.1M | $1.3M | $1.3M | $1.5M | $2.1M | $2.5M |
| Average inventory | $23.1M | $23.5M | $22.0M | $20.2M | $19.8M | $21.3M | $23.2M | $24.8M | $27.6M | $35.2M |
| Intangibles / total assets | 0.2% | 0.7% | 0.6% | 1.4% | 0.7% | 1.3% | 1.4% | 1.4% | 1.5% | 1.1% |
Computed from FEIM's annual financial statements (latest annual report filed July 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
FEIM valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 260.7 and the forward P/E is 14.2. Frequency Electronics earned a return on equity of −1.6% and a return on invested capital of −3.9% in fiscal 2026. It ended the year with $7.6 million of debt and $1.6 million in cash and short-term investments, net debt of $6.0 million. It returned $1.6 million to shareholders: $0 in dividends and $1.6 million in share buybacks. The share count rose 11.3% from 8.8M to 9.8M over 9 years.
See the FEIM income statement, the FEIM chart for price history, or the FEIM stock overview for the latest quote and news.
FEIM key metrics FAQ
What is Frequency Electronics's P/E ratio?
Frequency Electronics's trailing P/E ratio is 260.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 14.2. At the end of fiscal 2026 it was —, compared with a 10-year median of 16.2.
What is Frequency Electronics's return on equity?
Frequency Electronics's return on equity (ROE) was −1.6% in fiscal 2026: net income of -$0.9 million on average shareholders' equity of $56.0 million.
What is Frequency Electronics's ROIC?
Frequency Electronics's return on invested capital was −3.9% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Frequency Electronics have?
Frequency Electronics had total debt of $7.6 million at the end of fiscal 2026, a debt-to-equity ratio of 0.14.
Does Frequency Electronics pay a dividend?
Frequency Electronics did not pay a dividend in fiscal 2026.
Does Frequency Electronics buy back its shares?
Yes. Frequency Electronics spent $1.6 million on net share repurchases in fiscal 2026 Shares outstanding changed +1.8% over the year, to 9.8M..
What is Frequency Electronics's free cash flow yield?
Frequency Electronics generated -$1.6 million of free cash flow in fiscal 2026, a free cash flow yield of −0.3% on its market value at year-end ($490.7 million).
What is Frequency Electronics's current ratio?
Frequency Electronics's current ratio was 2.29 at the end of fiscal 2026: current assets were 2.29 times current liabilities.