RELLNasdaqWholesale-Electronic Parts & Equipment, NECFiscal year ends May 29
RICHARDSON ELECTRONICS, LTD.
Financials through Q1 FY2027, quarter ended Aug 29, 2026Last filing: 10-Q on Oct 8, 2026
$19.03+0.70 (+3.82%)
Close on Oct 19, 2026
- Market cap
- $247.85M
- P/E (TTM)
- 28.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
31.2%−2.0 pts over 5 years
Operating margin
2.8%+1.2 pts over 5 years
Net margin
2.8%+1.9 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% | -4.5% | +5.3% | +4.9% | |
| Gross profit | +10.1% | -5.2% | +3.9% | +4.8% | |
| Operating income | – | -36.3% | +17.5% | – | |
| Net income | – | -34.1% | +31.0% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -5.1% | 1.4% | 4.0% | |
| Return on assets | -4.3% | 1.1% | 3.2% | |
| Current ratio | 5.29 | 4.17 | 4.75 | |
| Inventory turnover | 2.1× | 2.0× | 1.5× | |
| Capex to revenue | 3.8% | 1.5% | 1.9% | |
| Diluted shares | 13M | 11M | 13M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Richardson Electronics generated $27.95M from operations and spent $38.47M on capital expenditure, dividends and share buybacks. 56% of that went back into the business.
Generated
$27.95M
Used
$38.47M
Capital expenditure$21.73M56%Dividends$16.74M44%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.8%
×Asset turnover1.15×
×Equity multiplier1.24×
=Return on equity, FY20264.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 2.8% | 1.15× | 1.24× | 4.0% |
| FY2025 | -0.5% | 1.08× | 1.23× | -0.7% |
| FY2024 | 0.0% | 1.01× | 1.23× | 0.0% |
| FY2023 | 8.5% | 1.39× | 1.28× | 15.1% |
| FY2022 | 8.0% | 1.33× | 1.31× | 13.9% |
| FY2021 | 0.9% | 1.15× | 1.28× | 1.4% |
| FY2020 | -1.2% | 1.03× | 1.25× | -1.5% |
| FY2019 | -4.4% | 1.04× | 1.23× | -5.7% |
| FY2018 | 2.3% | 1.01× | 1.21× | 2.9% |
| FY2017 | -5.1% | 0.84× | 1.19× | -5.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
6of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$6.38M
- Cash generatingOperating cash flow above zero$762.00K
- Return on assets improvedROA up on the prior year-0.6% → 3.3%
- Earnings backed by cashOperating cash flow above net income$762.00K vs $6.38M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.51 → 4.75
- No dilutionShare count did not rise12M → 13M
- Gross margin improvedGross margin up on the prior year31.02% → 31.22%
- More efficientAsset turnover rose1.09 → 1.17