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FE

Frequency Electronics, Inc.

FEIMTechnologyNASDAQ

Communication Equipment · Last scanned May 30, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$69.8M
+26.3% YoY
Net Income
$23.7M
+323.4% YoY
EBITDA
$14.3M
+85.8% YoY
Free Cash Flow
-$7.1M

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About Frequency Electronics, Inc.

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. Valued at $746.8M, FEIM is a small-cap name in its sector. The company operates through two segments, FEI-NY and FEI-Zyfer.

Key stats
Market Cap$746.8M
P/E (TTM)103.95
Fwd P/E66.85
EPS$0.73
Beta0.46
52W Change+315.6%
ROE12.8%
Analysis

The company holds $86K in cash, though total debt stands at $8.1M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$7.1M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 12.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 4.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $48.3M (2022) to $69.8M (2025), reflecting a 45% increase over the period.

The relatively low beta of 0.46 suggests FEIM is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FEIM.

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