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Description
Frequency Electronics, Inc., together with its subsidiaries, engages in the designing, development, and manufacturing of precision time and frequency control products and components for microwave integrated circuit applications.
The company is incor…
Analysis
Hope premium
Frequency Electronics, Inc. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 117.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 30% a year, against analyst forecasts of 7%. The market is pricing in far more than analysts expect: heroic expectations.
Growth is tepid; the safety picture is adequate. The company scores 8/20 on our value-creation score: creating some value. Analysts lean positive.
Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202340
26
20232026
All-time high
40
Jan 2023
All-time low
9
Mar 2026
Average rank
25
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
18
—
—
73
Price/Earnings
8
—
—
46
Price/Book
12
—
—
71
Dividend Yield
1
—
—
1
Value (overall)
1
—
—
62
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.