Frequency Electronics Inc

Frequency Electronics Inc

FEIM · NASDAQ · Technology / Communication Equipment

63.77USD-3.48 (-5.17%)

Price History

Full chart

Market Stats

Previous Close67.25
Open66.88
Day Range62.26 – 66.95
52-Week Range26.05 – 89.76
Volume149.70K
Market Cap953.04M
P/E (TTM)338.16
Forward P/E14.24
EPS0.25
Dividend Yield0.00%
Beta0.65
50-Day Avg70.11
200-Day Avg59.05

About

Frequency Electronics, Inc., together with its subsidiaries, engages in the design, development, manufacture, marketing, and sale of precision time and frequency control products and components for microwave integrated circuit applications. The company operates through two segments, FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time and frequency control products for communication satellites, terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military, as well as provides designing and technical support for the satellite business. The FEI-Zyfer segment provides global positioning system technologies for systems and subsystems for secure communications, government and commercial, and other locator applications; and engages in the sale and support of wireline telecommunications products, such as US5G. It operates in the United States, Europe, and Asia. Frequency Electronics, Inc. was founded in 1961 and is headquartered in Mitchel Field, New York.

Company Details

  • SectorTechnology
  • IndustryCommunication Equipment
  • CEODr. Thomas McClelland
  • Employees232
  • Headquarters55 Charles Lindbergh Boulevard, Mitchel Field, NY, United States, 11553, USA
  • Websitehttps://freqelec.com

Leadership

  • Dr. Thomas McClellandCEO, President & Director · b. 1955
  • Mr. Steven L. Bernstein C.P.A.CFO, Secretary & Treasurer · b. 1965
  • Mr. Oleandro ManciniSenior Vice President of Business Development · b. 1949
  • Mr. James Jerome DavisPresident of FEI-Elcom Tech Inc · b. 1954

Financials

Income Statement

Currency: USD1987-04-301988-04-301989-04-301990-04-301991-04-301992-04-301993-04-301994-04-301995-04-301996-04-301997-04-301998-04-301999-04-302000-04-302001-04-302002-04-302003-04-302004-04-302005-04-302006-04-302007-04-302008-04-302009-04-302010-04-302011-04-302012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Total Revenue36.00M59.30M57.90M61.80M56.60M53.20M43.20M27.50M24.10M25.10M27.90M32.00M19.00M26.54M49.21M41.18M31.53M50.11M55.17M52.81M56.21M64.40M52.74M49.42M53.22M63.59M68.93M71.55M76.56M60.39M50.35M39.41M49.51M41.51M54.25M48.30M40.78M55.27M69.81M63.23M
Growth (%)-+64.72%-2.36%+6.74%-8.41%-6.01%-18.80%-36.34%-12.36%+4.15%+11.16%+14.70%-40.63%+39.66%+85.45%-16.32%-23.44%+58.93%+10.11%-4.28%+6.43%+14.57%-18.10%-6.30%+7.70%+19.49%+8.39%+3.80%+7.01%-21.12%-16.63%-21.74%+25.64%-16.16%+30.71%-10.98%-15.57%+35.55%+26.30%-9.43%
Cost of Revenue25.10M45.30M40.30M44.60M50.20M37.20M38.50M23.50M19.30M15.40M16.50M23.50M10.70M12.79M30.73M27.09M25.68M34.53M37.01M34.19M39.13M46.73M42.56M31.69M33.25M38.98M43.82M46.80M53.02M39.96M39.10M34.24M33.72M35.72M37.33M39.70M32.93M36.69M39.71M44.83M
Gross Profit10.90M14.00M17.60M17.20M6.40M16.00M4.70M4.00M4.80M9.70M11.40M8.50M8.30M13.75M18.48M14.09M5.85M15.58M18.16M18.62M17.08M17.66M10.18M17.72M19.97M24.62M25.11M24.75M23.55M20.44M11.25M5.16M15.79M5.79M16.92M8.60M7.85M18.58M30.10M18.40M
Gross Margin30.28%23.61%30.40%27.83%11.31%30.08%10.88%14.55%19.92%38.65%40.86%26.56%43.68%51.80%37.55%34.21%18.54%31.09%32.91%35.25%30.38%27.43%19.30%35.86%37.52%38.71%36.43%34.59%30.76%33.84%22.34%13.10%31.89%13.94%31.19%17.80%19.25%33.62%43.11%29.10%
Operating Expense4.40M11.40M13.80M12.90M13.60M11.80M17.40M10.40M10.80M8.70M8.80M17.60M13.50M12.74M12.54M14.00M18.34M17.22M19.43M16.91M20.80M20.24M16.10M15.97M16.48M17.68M20.43M19.88M19.87M19.13M18.77M17.56M18.61M16.67M17.88M16.64M12.52M13.56M18.36M21.40M
Operating Income6.50M2.60M3.80M4.30M-7.20M4.20M-12.70M-6.40M-6.00M1.00M2.60M-9.10M-5.20M1.01M5.94M89.00K-12.49M-1.65M-1.27M1.71M-3.72M-2.58M-5.92M1.75M3.49M6.93M4.68M4.87M3.67M1.30M-7.53M-12.39M-2.82M-10.89M-958.00K-8.04M-4.67M5.02M11.73M-3.00M
Operating Margin18.06%4.38%6.56%6.96%-12.72%7.89%-29.40%-23.27%-24.90%3.98%9.32%-28.44%-27.37%3.80%12.07%0.22%-39.62%-3.29%-2.30%3.24%-6.62%-4.00%-11.22%3.54%6.56%10.90%6.79%6.81%4.80%2.16%-14.95%-31.45%-5.69%-26.23%-1.77%-16.64%-11.46%9.08%16.81%-4.75%
EBITDA7.60M5.00M6.70M7.30M-3.00M7.60M-9.90M-4.80M-4.70M2.30M4.20M-6.70M-2.94M3.10M8.83M1.55M-10.89M880.00K745.00K3.58M-2.00M3.94M-3.27M3.29M5.43M9.17M7.09M7.34M6.62M4.01M-4.25M-8.71M-15.00K-7.57M2.34M-5.58M-2.24M7.70M14.30M-2.91M
EBITDA Margin21.11%8.43%11.57%11.81%-5.30%14.29%-22.92%-17.45%-19.50%9.16%15.05%-20.95%-15.48%11.69%17.95%3.76%-34.54%1.76%1.35%6.78%-3.55%6.12%-6.20%6.65%10.20%14.43%10.29%10.26%8.65%6.65%-8.44%-22.11%-0.03%-18.23%4.32%-11.55%-5.49%13.93%20.49%-4.60%
Net Income4.80M3.80M2.40M2.50M-6.40M500.00K-8.00M-4.60M-3.90M2.80M4.90M100.00K1.20M3.14M5.64M1.38M-8.86M162.00K5.04M4.80M-257.00K887.00K-11.04M2.75M6.01M7.37M3.69M4.04M2.83M1.00M-4.82M-23.78M-2.53M-9.99M680.00K-8.66M-5.50M5.59M23.80M-903.00K
Net Income Margin13.33%6.41%4.15%4.05%-11.31%0.94%-18.52%-16.73%-16.18%11.16%17.56%0.31%6.32%11.85%11.47%3.35%-28.10%0.32%9.13%9.09%-0.46%1.38%-20.93%5.56%11.30%11.59%5.35%5.65%3.69%1.66%-9.57%-60.34%-5.11%-24.07%1.25%-17.94%-13.49%10.12%34.09%-1.43%
R&D-------1.50M1.90M1.10M1.50M1.40M5.80M5.37M4.85M6.57M4.61M5.34M6.83M6.29M9.44M7.10M4.67M5.35M5.08M3.86M5.73M5.81M5.67M5.93M6.88M6.95M6.51M5.08M4.69M4.97M3.15M3.38M6.08M5.99M
R&D as % of Total Revenue-------5.45%7.88%4.38%5.38%4.38%30.53%20.23%9.85%15.95%14.61%10.65%12.39%11.91%16.79%11.03%8.85%10.83%9.55%6.07%8.31%8.12%7.40%9.82%13.66%17.64%13.14%12.23%8.64%10.30%7.72%6.11%8.70%9.48%
Interest Expense200.00K001.70M00000000000000298.00K00522.00K288.00K121.00K118.00K121.00K195.00K156.00K139.00K131.00K150.00K79.00K83.00K107.00K127.00K77.00K755.00K109.00K104.00K87.00K
Interest Expense % of Total Revenue0.56%0.00%0.00%2.75%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.54%0.00%0.00%0.81%0.55%0.24%0.22%0.19%0.28%0.22%0.18%0.22%0.30%0.20%0.17%0.26%0.23%0.16%1.85%0.20%0.15%0.14%

Balance Sheet

Currency: USD1987-04-301988-04-301989-04-301990-04-301991-04-301992-04-301993-04-301994-04-301995-04-301996-04-301997-04-301998-04-301999-04-302000-04-302001-04-302002-04-302003-04-302004-04-302005-04-302006-04-302007-04-302008-04-302009-04-302010-04-302011-04-302012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Total Assets84.70M104.70M101.60M98.90M95.90M99.60M97.10M72.70M65.00M68.80M74.90M88.80M78.40M80.85M102.04M96.01M85.73M92.66M88.37M86.74M93.83M96.92M77.92M81.42M89.83M106.23M112.08M119.46M117.83M120.21M113.32M83.58M86.77M91.28M98.53M84.76M90.78M98.47M93.74M90.71M
Total Liabilities18.30M36.90M30.80M29.10M32.60M34.40M40.00M20.10M18.20M19.40M19.80M32.40M21.90M21.86M31.61M25.45M23.82M29.44M19.18M16.11M22.94M23.31M18.75M18.04M18.30M27.09M29.63M31.11M26.02M26.86M23.99M20.32M23.68M37.04M43.12M38.07M57.89M58.66M38.12M34.30M
Total Equity66.40M67.80M70.80M69.80M63.30M65.20M57.10M52.60M46.80M49.40M55.10M56.40M56.50M58.99M70.20M70.34M61.71M63.18M69.19M70.63M70.88M73.61M59.17M63.38M71.28M79.13M82.21M88.35M91.81M93.35M89.33M63.26M63.09M54.27M55.41M46.69M32.89M39.82M55.62M56.40M
Cash29.40M17.00M14.90M10.30M9.70M17.00M16.50M11.20M4.30M15.90M3.40M8.70M600.00K4.99M2.12M5.38M5.95M5.70M6.70M2.64M1.34M11.03M4.91M9.95M5.28M4.78M3.46M7.70M7.22M6.08M2.16M7.87M3.68M3.81M9.81M11.56M12.05M18.32M4.72M1.60M
Total Debt6.20M21.60M20.70M17.90M21.20M22.70M25.10M14.00M13.00M12.20M11.40M1.00M500.00K-699.00K384.00K179.00K3.41M--5.01M6.08M2.01M687.00K456.00K6.40M6.16M11.71M7.01M7.25M---16.28M9.07M9.10M7.64M6.18M8.76M7.65M
Net Debt-23.20M4.60M5.80M7.60M11.50M5.70M8.60M2.80M8.70M-3.70M8.00M-7.70M-100.00K-4.99M-1.42M-5.00M-5.77M-2.29M-6.70M-2.64M3.67M-4.95M-2.90M-9.27M-4.82M1.62M2.70M2.40M-1.22M-82.00K-2.16M-7.87M-3.68M12.47M-739.00K-2.46M-4.41M-12.13M4.04M6.05M

Cash Flow

Currency: USD1987-04-301989-04-301990-04-301991-04-301992-04-301993-04-301994-04-301995-04-301996-04-301997-04-301998-04-301999-04-302000-04-302001-04-302002-04-302003-04-302004-04-302005-04-302006-04-302007-04-302008-04-302009-04-302010-04-302011-04-302012-04-302013-04-302014-04-302015-04-302016-04-302017-04-302018-04-302019-04-302020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Operating Cash Flow-2.60M5.60M-300.00K12.40M3.40M6.70M4.30M7.00M4.00M3.20M-1.80M3.54M3.95M4.89M2.45M-2.57M2.54M-2.50M-6.65M-1.85M7.22M7.63M1.88M2.14M2.83M3.64M1.88M2.92M3.89M4.53M-97.00K-1.41M12.16M4.04M1.18M8.71M-1.43M1.28M
Investing Cash Flow--900.00K-4.30M-2.70M-5.70M-5.60M-400.00K-7.80M6.10M-16.50M2.10M-3.70M2.19M-5.00M607.00K506.00K529.00K3.58M317.00K2.05M13.32M-6.41M-552.00K-6.72M-8.00M-2.01M-3.57M1.16M-3.53M-1.45M341.00K-4.66M-3.43M-1.19M-2.28M8.67M-1.49M-1.81M-2.86M
Financing Cash Flow--900.00K-5.90M2.50M600.00K1.70M-11.70M-3.30M-1.40M500.00K1.40M-2.60M-1.30M-1.84M-2.23M-2.73M1.46M-5.28M-1.57M3.58M-2.04M-7.39M-1.40M-149.00K5.71M-1.87M4.27M-3.90M141.00K-6.67M55.00K4.96M4.96M-4.96M-3.00M-9.35M0-9.94M-1.57M
Capital Expenditure02.60M4.50M2.70M5.90M5.70M400.00K200.00K300.00K1.10M1.00M1.40M668.00K1.93M1.54M834.00K1.34M1.64M2.10M2.71M2.11M627.00K975.00K1.95M1.40M2.25M5.41M4.16M3.44M5.23M1.42M2.77M1.48M1.24M1.86M918.00K1.49M1.81M2.86M
Free Cash Flow--1.10M-3.00M6.50M-2.30M6.30M4.10M6.70M2.90M2.20M-3.20M2.88M2.02M3.35M1.61M-3.91M896.00K-4.61M-9.36M-3.95M6.59M6.66M-74.00K748.00K583.00K-1.76M-2.27M-514.00K-1.34M3.12M-2.86M-2.89M10.92M2.18M257.00K7.22M-3.24M-1.58M
Dividends Paid----------1.50M1.50M1.53M1.63M1.66M1.66M1.67M1.69M1.71M1.72M1.74M---01.68M00000---09.35M09.57M0
FCF to OCF--19.64%1000.00%52.42%-67.65%94.03%95.35%95.71%72.50%68.75%177.78%81.15%51.18%68.52%65.93%152.28%35.33%184.03%140.81%214.08%91.32%87.23%-3.94%34.89%20.58%-48.41%-120.88%-17.58%-34.59%68.72%2952.58%205.40%89.81%53.91%21.87%82.87%226.61%-123.01%
Dividend Paid to FCF----------68.18%-46.88%53.29%80.46%49.52%103.10%-42.71%188.84%-37.02%-18.35%-44.00%---0.00%288.85%0.00%0.00%0.00%0.00%0.00%---0.00%3639.69%0.00%-295.64%0.00%

Earnings

Report DateSep 12, 1997Dec 2, 1997Mar 11, 1998Jun 25, 1998Sep 11, 1998Jan 4, 1999Mar 15, 1999Jul 14, 1999Sep 15, 1999Dec 7, 1999Mar 1, 2000Jun 20, 2000Sep 12, 2000Dec 11, 2000Mar 15, 2001Jun 27, 2001Sep 6, 2001Oct 31, 2001Jan 31, 2002Sep 17, 2002Oct 31, 2002Jan 31, 2003Jul 23, 2003Sep 11, 2003Dec 12, 2003Mar 11, 2004Jul 7, 2004Sep 13, 2004Dec 9, 2004Mar 8, 2005Jul 7, 2005Sep 14, 2005Dec 13, 2005Mar 9, 2006Jul 13, 2006Sep 14, 2006Dec 13, 2006Mar 14, 2007Jul 12, 2007Sep 12, 2007Dec 7, 2007Mar 10, 2008Jul 22, 2008Sep 15, 2008Dec 12, 2008Mar 12, 2009Jul 29, 2009Sep 11, 2009Dec 9, 2009Mar 12, 2010Jul 15, 2010Sep 13, 2010Jan 31, 2011Mar 9, 2011Jul 31, 2011Sep 13, 2011Dec 12, 2011Mar 7, 2012Jul 31, 2012Oct 31, 2012Dec 12, 2012Apr 30, 2013Jul 18, 2013Sep 12, 2013Dec 11, 2013Mar 10, 2014Jul 10, 2014Sep 10, 2014Dec 10, 2014Mar 11, 2015Jul 9, 2015Oct 31, 2015Dec 8, 2015Mar 9, 2016Jul 25, 2016Sep 14, 2016Dec 14, 2016Mar 16, 2017Jul 27, 2017Sep 13, 2017Dec 13, 2017Mar 15, 2018Jul 25, 2018Sep 13, 2018Dec 12, 2018Mar 14, 2019Jul 18, 2019Sep 16, 2019Dec 12, 2019Mar 12, 2020Jul 16, 2020Sep 10, 2020Dec 10, 2020Mar 11, 2021Jun 29, 2021Sep 13, 2021Dec 9, 2021Mar 10, 2022Jul 13, 2022Sep 13, 2022Dec 20, 2022Mar 9, 2023Jul 13, 2023Sep 14, 2023Dec 12, 2023Mar 14, 2024Jul 22, 2024Sep 10, 2024Dec 10, 2024Mar 12, 2025Jul 10, 2025Sep 11, 2025Dec 11, 2025Mar 11, 2026Jul 15, 2026Sep 10, 2026
EPS Estimate0.170.210.240.230.140.230.01-0.080.060.060.100.110.130.160.190.210.21--0.04--0.030.050.02-0.110.07------------------0.89-0.040.080.030.020.03-0.06-0.110.160.17--0.18-0.180.160.110.110.160.140.090.16--------------------------0.170.05-0.08-0.74-0.33-0.25-0.030.03-0.22-----0.270.360.300.310.270.20
EPS Actual0.180.210.310.340.070.41-0.18-0.160.060.060.070.120.120.170.200.200.100.100.04-0.060.030.03-1.06-0.09-0.030.040.090.110.10-0.040.410.130.150.140.120.100.02-0.09-0.070.160.050.09-0.19-0.09-0.110.01-1.170.08-0.020.250.020.060.060.060.160.160.090.130.090.170.17-0.01-0.010.080.160.140.090.080.150.100.10-0.010.030.03-0.04-0.100.040.04-0.400.09-0.15-0.60-2.540.010.01-0.04-0.26-0.07-0.54-0.17-0.32-0.030.04-0.090.15-0.170.05-0.08-0.74-0.33-0.25-0.030.030.220.080.010.280.250.281.600.340.070.180.16-0.500.41
Surprise5.88%0.00%29.17%47.83%-50.00%78.26%-1900.00%-100.00%0.00%0.00%-30.00%9.09%-7.69%6.25%5.26%-4.76%-52.38%---250.00%---3633.33%-280.00%-250.00%--18.18%57.14%-------------------231.46%300.00%-125.00%733.33%0.00%100.00%-0.00%-45.45%-43.75%-23.53%---5.56%--105.56%-50.00%45.45%27.27%-43.75%-42.86%66.67%-37.50%-------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--63.64%-----25.93%-80.56%-40.00%-48.39%-285.19%105.00%
Timing-----------------------------------------------------After-hours-After-hoursAfter-hoursPre-market--After-hours--After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-----After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap953.04M
Enterprise Value896.68M
Trailing P/E338.16
Forward P/E14.24
PEG Ratio1.25
Price / Sales13.08
Price / Book7.94
EPS0.25
Book Value10.93
Revenue (TTM)72.87M
Gross Profit (TTM)27.86M
EBITDA7.74M
Profit Margin3.68%
Operating Margin22.17%
Return on Equity3.04%
Return on Assets3.06%
Shares Outstanding11.27M
Shares Float8.86M
Beta0.65
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
65.64%
Insiders
11.02%
Retail / Other
23.34%

Top Institutional Holders

  • Edenbrook Capital LLC
    1.87M16.76%
  • Driehaus Capital Management LLC
    491.90K4.40%
  • BlackRock Inc
    474.88K4.25%
  • Vanguard Capital Management, LLC
    282.44K2.53%
  • The Goldman Sachs Group Inc
    264.68K2.37%
  • Next Century Growth Investors LLC
    230.73K2.06%
  • Dimensional Fund Advisors, Inc.
    228.38K2.04%
  • Segall Bryant & Hamill
    204.21K1.83%
  • Geode Capital Management, LLC
    160.34K1.43%
  • Renaissance Technologies Corp
    155.10K1.39%
  • Portolan Capital Management, LLC
    150.14K1.34%
  • MYDA Advisors LLC
    140.00K1.25%
  • State Street Corp
    133.23K1.19%
  • Silvercrest Asset Management Group LLC
    132.06K1.18%
  • UBS Group AG
    120.66K1.08%

Top Fund Holders

  • Heptagon Driehaus US Micro Cap Eq C$ Acc
    279.35K2.55%
  • Vanguard MStar Total Stk Mkt Idx Invest
    261.41K2.38%
  • iShares Russell 2000 ETF
    174.12K1.59%
  • Calamos Timpani Small Cap Growth I
    147.17K1.34%
  • Driehaus Micro Cap Growth USD
    111.60K1.02%

Dividends

20241×
1.00Aug 8, 2024
20231×
1.00Jan 5, 2023
20121×
0.20Dec 20, 2012
20072×
0.10Oct 29, 20070.10May 25, 2007
20062×
0.10Oct 27, 20060.10Apr 26, 2006
20052×
0.10Oct 27, 20050.10Apr 27, 2005
20042×
0.10Oct 27, 20040.10Apr 28, 2004
20032×
0.10Oct 29, 20030.10Apr 28, 2003
20022×
0.10Oct 29, 20020.10Apr 26, 2002
20012×
0.10Oct 29, 20010.10Apr 26, 2001
20002×
0.10Oct 27, 20000.10Apr 26, 2000
19992×
0.10Oct 27, 19990.10Apr 28, 1999
19982×
0.10Oct 28, 19980.10Apr 28, 1998
19971×
0.10Oct 29, 1997

Stock Splits

  • Dec 2, 19973:2