Richardson Electronics, Ltd. (RELL) Key Metrics
RELL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $272.7M
- Enterprise value
- $226.8M
- P/E (TTM)
- 31.6 10-yr median 33.0
- Forward P/E
- 44.4
- PEG ratio
- 1.77
- Price / sales
- 1.1 10-yr median 0.7
- Price / book
- 1.6 10-yr median 0.9
- EV / EBITDA
- 24.1 10-yr median 10.6
- Dividend yield
- 1.13% $0.24 a year
- Beta
- 1.31
RELL key metrics, FY2017–FY2026
Fiscal year ended May 31, 2026 · U.S. dollarsRELL valuation Price multiples at each fiscal year-end price.
RELL returns How much profit the business earns on the capital it uses.
RELL per-share figures Results divided by the shares outstanding at year-end.
RELL financial health Debt, liquidity and how easily interest is covered.
RELL efficiency & capital use Working capital cycle and where the cash goes.
RELL valuation history
RELL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
RELL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
RELL cash returned to shareholders
RELL price vs earnings per share
RELL key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $215.5M | $110.1M | $162.4M | $238.7M | $191.3M | $111.6M | $54.2M | $65.1M | $126.2M | $77.6M |
| Enterprise value | $185.1M | $76.4M | $140.9M | $216.2M | $153.9M | $70.7M | $11.1M | $15.1M | $65.8M | $15.8M |
| P/E ratio | 33.8 | — | — | 10.7 | 10.7 | 67.4 | — | — | 33.0 | — |
| Price / sales | 0.9 | 0.5 | 0.8 | 0.9 | 0.9 | 0.6 | 0.3 | 0.4 | 0.8 | 0.6 |
| Price / book | 1.3 | 0.7 | 1.0 | 1.5 | 1.4 | 0.9 | 0.5 | 0.5 | 0.9 | 0.6 |
| Price / free cash flow | — | 14.2 | 65.4 | — | — | — | 369.0 | — | — | — |
| Price / operating cash flow | 282.8 | 10.4 | 24.9 | — | 100.1 | 134.1 | 28.2 | — | 42.8 | 42.9 |
| EV / sales | 0.8 | 0.4 | 0.7 | 0.8 | 0.7 | 0.4 | 0.1 | 0.1 | 0.4 | 0.1 |
| EV / EBITDA | 16.4 | 11.5 | 31.6 | 7.5 | 8.0 | 12.3 | 5.1 | — | 9.6 | — |
| EV / free cash flow | — | 9.9 | 56.8 | — | — | — | 75.7 | — | — | — |
| Earnings yield | 3.0% | −1.0% | 0.0% | 9.4% | 9.4% | 1.5% | −3.4% | −11.3% | 3.0% | −8.9% |
| Free cash flow yield | −1.7% | 7.0% | 1.5% | −6.5% | −0.6% | −1.6% | 0.3% | −9.9% | −1.8% | −4.4% |
| Dividend yield | 1.6% | 3.1% | 2.1% | 1.4% | 1.7% | 2.8% | 5.7% | 4.7% | 2.4% | 3.9% |
| Shareholder yield (dividends + buybacks) | 1.6% | 3.1% | 2.1% | 1.4% | 1.7% | 2.8% | 5.7% | 4.7% | 2.4% | 3.9% |
| Share price at fiscal year-end | $16.98 | $8.95 | $11.19 | $16.59 | $13.97 | $8.55 | $4.20 | $5.08 | $9.74 | $6.04 |
| Per share | ||||||||||
| Revenue per share | $18.01 | $16.99 | $13.53 | $18.25 | $16.40 | $13.56 | $12.07 | $13.00 | $12.59 | $10.66 |
| Earnings per share | $0.50 | −$0.09 | $0.00 | $1.55 | $1.31 | $0.13 | −$0.14 | −$0.57 | $0.29 | −$0.54 |
| Operating cash flow per share | $0.06 | $0.86 | $0.45 | −$0.57 | $0.14 | $0.06 | $0.15 | −$0.20 | $0.23 | $0.14 |
| Free cash flow per share | −$0.29 | $0.63 | $0.17 | −$1.08 | −$0.09 | −$0.14 | $0.01 | −$0.50 | −$0.18 | −$0.27 |
| Cash per share | $2.50 | $2.92 | $1.67 | $1.74 | $2.96 | $3.32 | $3.60 | $3.90 | $4.67 | $4.81 |
| Book value per share | $12.90 | $12.74 | $10.88 | $11.07 | $9.92 | $9.31 | $9.19 | $9.65 | $10.43 | $10.30 |
| Tangible book value per share | $12.88 | $12.71 | $10.77 | $10.94 | $9.77 | $9.14 | $8.99 | $9.44 | $9.71 | $9.54 |
| Dividends per share | $0.27 | $0.28 | $0.23 | $0.23 | $0.23 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 |
| Capex per share | $0.35 | $0.23 | $0.28 | $0.51 | $0.23 | $0.20 | $0.14 | $0.30 | $0.40 | $0.41 |
| Debt per share | $0.11 | $0.19 | $0.19 | $0.17 | $0.22 | $0.19 | $0.27 | — | $0.00 | $0.00 |
| Shares outstanding | 12.7M | 12.3M | 14.5M | 14.4M | 13.7M | 13.1M | 12.9M | 12.8M | 13.0M | 12.8M |
| Change in shares outstanding | +3.2% | −15.3% | +0.9% | +5.1% | +4.9% | +1.1% | +0.7% | −1.1% | +0.9% | −1.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 4.0% | −0.7% | 0.0% | 15.1% | 13.9% | 1.4% | −1.5% | −5.7% | 2.9% | −5.1% |
| Return on invested capital (ROIC) | 4.3% | −1.5% | 0.2% | 19.0% | 17.8% | 2.7% | −1.8% | −0.4% | 2.8% | −6.3% |
| Return on assets (ROA) | 3.2% | −0.6% | 0.0% | 11.8% | 10.7% | 1.1% | −1.2% | −4.6% | 2.4% | −4.3% |
| Return on tangible assets | 3.2% | −0.6% | 0.0% | 11.4% | 10.1% | 1.1% | −1.2% | −4.9% | 2.4% | −4.7% |
| Free cash flow margin | −1.6% | 3.7% | 1.3% | −5.9% | −0.5% | −1.0% | 0.1% | −3.9% | −1.4% | −2.5% |
| Income quality (OCF / net income) | 0.12 | — | 106.95 | −0.37 | 0.11 | 0.50 | — | — | 0.77 | — |
| Financial health | ||||||||||
| Total debt | $1.4M | $2.3M | $2.8M | $2.5M | $3.0M | $2.4M | $3.4M | — | $0 | $0 |
| Cash & short-term investments | $31.8M | $35.9M | $24.3M | $25.0M | $40.5M | $43.3M | $46.5M | $50.0M | $60.5M | $61.8M |
| Net debt | −$30.4M | −$33.6M | −$21.5M | −$22.5M | −$37.5M | −$40.9M | −$43.1M | −$50.0M | −$60.5M | −$61.8M |
| Debt / equity | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | — | 0.00 | 0.00 |
| Debt / assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | — | 0.00 | 0.00 |
| Net debt / EBITDA | −2.70 | −5.07 | −4.82 | −0.78 | −1.95 | −7.13 | −19.85 | — | −8.82 | — |
| Current ratio | 4.75 | 4.51 | 5.05 | 4.59 | 3.72 | 4.17 | 4.34 | 4.63 | 4.60 | 5.29 |
| Quick ratio | 1.92 | 1.72 | 1.61 | 1.58 | 1.77 | 2.20 | 2.37 | 2.74 | 2.91 | 3.53 |
| Interest coverage | — | — | — | 531.6 | 199.7 | 2.1 | -3.7 | -0.0 | 7.8 | -25.5 |
| Working capital | $136.4M | $129.1M | $129.6M | $131.5M | $112.0M | $102.1M | $97.5M | $102.4M | $107.9M | $104.1M |
| Invested capital | $133.3M | $123.0M | $136.4M | $136.8M | $98.4M | $80.7M | $75.6M | $73.7M | $74.7M | $70.6M |
| Tangible asset value | $163.4M | $156.3M | $156.3M | $157.4M | $133.8M | $119.3M | $116.2M | $121.0M | $125.8M | $122.6M |
| Net current asset value | $134.4M | $126.7M | $127.2M | $129.4M | $109.2M | $99.1M | $94.6M | $101.4M | $106.7M | $103.2M |
| Graham number | $12.08 | — | $1.01 | $19.66 | $17.09 | $5.16 | — | — | $8.32 | — |
| Graham net-net per share | $5.50 | $5.38 | $4.37 | $4.45 | $4.32 | $4.50 | $4.52 | $5.12 | $5.54 | $5.73 |
| Capital allocation | ||||||||||
| Dividends paid | $3.4M | $3.4M | $3.4M | $3.3M | $3.2M | $3.1M | $3.1M | $3.1M | $3.0M | $3.0M |
| Share buybacks (net) | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | 53.9% | — | — | 14.9% | 17.8% | 188.6% | — | — | 79.7% | — |
| Dividends + buybacks / free cash flow | — | 44.0% | 136.0% | — | — | — | — | — | — | — |
| Capex / revenue | 1.9% | 1.3% | 2.1% | 2.8% | 1.4% | 1.5% | 1.1% | 2.3% | 3.2% | 3.8% |
| Capex / operating cash flow | 575.2% | 26.6% | 61.9% | — | 163.3% | 316.3% | 92.4% | — | 177.5% | 288.6% |
| Capex / depreciation | 1.16 | 0.70 | 0.94 | 2.01 | 0.91 | 0.77 | 0.52 | 1.22 | 1.75 | 1.91 |
| Stock-based compensation / revenue | 0.7% | 0.7% | 0.7% | 0.4% | 0.3% | 0.4% | 0.4% | 0.4% | 0.3% | 0.3% |
| SG&A / revenue | 28.8% | 29.8% | 30.3% | 22.4% | 24.8% | 31.6% | 32.9% | 31.3% | 30.9% | 35.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 45.7 | 42.8 | 51.0 | 41.7 | 44.7 | 46.7 | 52.1 | 51.7 | 48.8 | 61.0 |
| Days of inventory on hand | 238.9 | 269.7 | 285.9 | 194.6 | 171.7 | 187.0 | 190.2 | 165.1 | 157.8 | 173.0 |
| Days payables outstanding | 47.5 | 46.6 | 50.5 | 48.5 | 48.9 | 53.1 | 59.0 | 58.0 | 60.0 | 60.5 |
| Cash conversion cycle (days) | 237.1 | 265.9 | 286.3 | 187.7 | 167.5 | 180.6 | 183.4 | 158.7 | 146.6 | 173.5 |
| Receivables turnover | 7.98 | 8.53 | 7.16 | 8.76 | 8.17 | 7.81 | 7.01 | 7.06 | 7.47 | 5.99 |
| Payables turnover | 7.68 | 7.83 | 7.22 | 7.53 | 7.47 | 6.88 | 6.19 | 6.29 | 6.09 | 6.03 |
| Inventory turnover | 1.53 | 1.35 | 1.28 | 1.88 | 2.13 | 1.95 | 1.92 | 2.21 | 2.31 | 2.11 |
| Asset turnover | 1.15 | 1.08 | 1.01 | 1.39 | 1.33 | 1.15 | 1.03 | 1.04 | 1.01 | 0.84 |
| Average receivables | $28.6M | $24.5M | $27.5M | $30.0M | $27.5M | $22.6M | $22.2M | $23.6M | $21.8M | $22.9M |
| Average payables | $20.5M | $18.4M | $19.5M | $23.8M | $20.5M | $17.2M | $17.2M | $18.3M | $17.8M | $15.4M |
| Average inventory | $102.9M | $106.5M | $110.3M | $95.4M | $71.9M | $60.5M | $55.4M | $52.0M | $46.7M | $44.1M |
| Intangibles / total assets | 0.1% | 0.2% | 0.9% | 1.0% | 1.1% | 1.4% | 1.7% | 1.8% | 5.6% | 6.2% |
Computed from RELL's annual financial statements (latest annual report filed August 3, 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.
RELL valuation and financial ratios
At the end of fiscal 2026 (May 31, 2026), Richardson Electronics traded at 33.8 times earnings, against a 10-year median of 33.0. Based on the latest twelve months, the trailing P/E is 31.6 and the forward P/E is 44.4. Richardson Electronics earned a return on equity of 4.0% and a return on invested capital of 4.3% in fiscal 2026. It ended the year with $1.4 million of debt and $31.8 million in cash and short-term investments, a net cash position of $30.4 million. It returned $3.4 million to shareholders: $3.4 million in dividends and $0 in share buybacks.
See the RELL income statement, the RELL chart for price history, or the RELL stock overview for the latest quote and news.
RELL key metrics FAQ
What is Richardson Electronics's P/E ratio?
Richardson Electronics's trailing P/E ratio is 31.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 44.4. At the end of fiscal 2026 it was 33.8, compared with a 10-year median of 33.0.
What is Richardson Electronics's EV/EBITDA?
Richardson Electronics's enterprise value was 16.4 times EBITDA at the end of fiscal 2026 (enterprise value $185.1 million, EBITDA $11.3 million); the current EV/EBITDA is 24.1.
What is Richardson Electronics's return on equity?
Richardson Electronics's return on equity (ROE) was 4.0% in fiscal 2026: net income of $6.4 million on average shareholders' equity of $160.2 million.
What is Richardson Electronics's ROIC?
Richardson Electronics's return on invested capital was 4.3% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Richardson Electronics have?
Richardson Electronics had total debt of $1.4 million at the end of fiscal 2026, a debt-to-equity ratio of 0.01 and more cash than debt.
What is Richardson Electronics's dividend yield?
Richardson Electronics's forward dividend yield is 1.13%. Richardson Electronics paid $3.4 million in dividends in fiscal 2026 ($0.27 per share), a payout ratio of 53.9%.
What is Richardson Electronics's free cash flow yield?
Richardson Electronics generated -$3.6 million of free cash flow in fiscal 2026, a free cash flow yield of −1.7% on its market value at year-end ($215.5 million).
What is Richardson Electronics's current ratio?
Richardson Electronics's current ratio was 4.75 at the end of fiscal 2026: current assets were 4.75 times current liabilities.