Professional
Added to YB: 2023-09-01
Pitch date: 2023-09-01
RELL [bullish]
Richardson Electronics, Ltd.
-8%
current return
Author Info
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Company Info
Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables in North America, the Asia Pacific, Europe, and Latin America.
Market Cap
$150.4M
Pitch Price
$11.92
Price Target
18.89 (+72%)
Dividend
2.31%
EV/EBITDA
15.86
P/E
849.01
EV/Sales
0.56
Sector
Electronic Equipment, Instruments and Components
Category
growth
Richardson Electronics: A Niche Specialist
RELL: Distributor with engineering solutions seeing rapid growth in Green Energy segment (ultracapacitors, electric trains). Segment up 5x in 3 yrs to $50M (20% of revs). Trades at 7x earnings, not reflecting growth potential. $280M revs & 11% margins in 3 yrs. 50%+ upside.
Read full article (6 min)