RFILNasdaqElectronic ConnectorsFiscal year ends October 31
R F INDUSTRIES LTD
Financials through Q3 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 14, 2026
$7.07+0.04 (+0.57%)
Close on Oct 19, 2026
- Market cap
- $82.01M
- P/E (TTM)
- 32.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
33.2%+6.3 pts over 5 years
Operating margin
2.2%+3.2 pts over 5 years
Net margin
0.1%+0.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +24.3% | +3.7% | +13.4% | +28.1% | |
| Gross profit | +41.7% | +11.0% | +18.2% | +9.8% | |
| Operating income | – | – | – | +8.4% | |
| Net income | – | – | – | -22.8% | |
| EPS, diluted | – | – | – | -21.3% | |
| Free cash flow | +79.0% | +171.5% | +0.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -17.1% | -0.3% | 0.2% | |
| Return on assets | -14.1% | -0.2% | 0.1% | |
| Current ratio | 4.30 | 4.63 | 1.67 | |
| Debt to equity | – | 0.09 | – | |
| Net debt to EBITDA | – | -21.29× | – | |
| Inventory turnover | 3.4× | 3.7× | 3.8× | |
| Capex to revenue | 1.3% | 0.5% | 0.3% | |
| Diluted shares | 9M | 10M | 11M |
Where the cash went
Fiscal 2021 to 2025, five years combined
R F Industries generated $17.94M from operations and spent $6.36M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$17.94M
Used
$6.36M
Capital expenditure$6.36M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.1%
×Asset turnover1.12×
×Equity multiplier2.08×
=Return on equity, FY20250.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.1% | 1.12× | 2.08× | 0.2% |
| FY2024 | -10.2% | 0.85× | 2.08× | -17.9% |
| FY2023 | -4.3% | 0.84× | 2.11× | -7.5% |
| FY2022 | -4.3% | 1.04× | 1.71× | -7.6% |
| FY2021 | 10.8% | 1.27× | 1.26× | 17.2% |
| FY2020 | -0.2% | 1.10× | 1.23× | -0.3% |
| FY2019 | 6.4% | 1.58× | 1.18× | 11.9% |
| FY2018 | 11.6% | 1.74× | 1.17× | 23.8% |
| FY2017 | 1.7% | 0.90× | 1.19× | 1.8% |
| FY2016 | -13.5% | 1.04× | 1.22× | -17.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$75.00K
- Cash generatingOperating cash flow above zero$4.58M
- Return on assets improvedROA up on the prior year-8.0% → 0.1%
- Earnings backed by cashOperating cash flow above net income$4.58M vs $75.00K
- Less leverageLong-term debt to assets fell0.0% → –
- Better liquidityCurrent ratio rose1.61 → 1.67
- No dilutionShare count did not rise10M → 11M
- Gross margin improvedGross margin up on the prior year29.10% → 33.18%
- More efficientAsset turnover rose0.79 → 1.13