FEIMNasdaqInstruments For Meas & Testing of Electricity & Elec SignalsFiscal year ends April 30
FREQUENCY ELECTRONICS INC
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 14, 2026
$65.12−0.06 (-0.09%)
Close on Oct 19, 2026
- Market cap
- $666.31M
- P/E (TTM)
- 260.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
29.1%−2.1 pts over 5 years
Operating margin
-4.7%−3.0 pts over 5 years
Net margin
-1.4%−2.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -9.4% | +15.7% | +3.1% | +1.3% | |
| Gross profit | -38.9% | +32.8% | +1.7% | -0.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -5.3% | 1.2% | -1.6% | |
| Return on assets | -4.1% | 0.7% | -1.0% | |
| Current ratio | 8.61 | 2.97 | 2.29 | |
| Interest coverage | -50.2× | -7.5× | -34.5× | |
| Inventory turnover | 1.2× | 1.8× | 1.9× | |
| Capex to revenue | 10.4% | 2.3% | 4.5% | |
| Diluted shares | 9M | 9M | 10M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Frequency Electronics generated $16.63M from operations and spent $29.81M on capital expenditure, dividends and share buybacks. 30% of that went back into the business.
Generated
$16.63M
Used
$29.81M
Capital expenditure$8.94M30%Dividends$18.92M63%Share buybacks$1.95M7%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.4%
×Asset turnover0.69×
×Equity multiplier1.65×
=Return on equity, FY2026-1.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -1.4% | 0.69× | 1.65× | -1.6% |
| FY2025 | 33.9% | 0.79× | 1.85× | 49.6% |
| FY2024 | 10.1% | 0.70× | 2.17× | 15.4% |
| FY2023 | -13.5% | 0.51× | 2.00× | -13.8% |
| FY2022 | -17.9% | 0.53× | 1.80× | -17.0% |
| FY2021 | 1.3% | 0.57× | 1.73× | 1.2% |
| FY2020 | -24.2% | 0.47× | 1.52× | -17.1% |
| FY2019 | -5.1% | 0.58× | 1.35× | -4.0% |
| FY2018 | -60.3% | 0.40× | 1.29× | -31.2% |
| FY2017 | -9.6% | 0.43× | 1.29× | -5.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$903.00K
- Cash generatingOperating cash flow above zero$1.28M
- Return on assets improvedROA up on the prior year28.5% → -1.0%
- Earnings backed by cashOperating cash flow above net income$1.28M vs -$903.00K
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.26 → 2.29
- No dilutionShare count did not rise10M → 10M
- Gross margin improvedGross margin up on the prior year43.11% → 29.10%
- More efficientAsset turnover rose0.84 → 0.67