FEIM
Frequency Electronics, Inc.
FEIM's fundamentals are weak and it looks expensive: trading at 269x earnings, about 11 times its usual 24x. Its downside scenario is more than twice its upside.
FEIM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Strong |
FEIM's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is under pressure.
FEIM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $3.11 | -95% |
| Fair | 24x | $5.93 | -91% |
| Expensive | 86x | $21.58 | -68% |
| Current | 269x | $67.25 | — |
Historical ranges are pointers, not guarantees.
FEIM's PE is in its expensive range at 269x.
FEIM Forward outlook
There aren't enough analyst estimates for FEIM to show an outlook.
FEIM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.25 | -89% |
| Q2 2026 | -$0.09 | -104% |
| Q1 2026 | $0.74 | -69% |
| Q4 2025 | $2.18 | +166% |
| Q3 2025 | $2.28 | +262% |
| Q2 2025 | $2.46 | +317% |
| Q1 2025 | $2.41 | +609% |
| Q4 2024 | $0.82 | +183% |
FEIM's earnings per share have fallen from their peak: $0.25 over the past year, against $2.46 in early 2025.
FEIM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.5M | +70% |
| Q2 2026 | $15.4M | -23% |
| Q1 2026 | $16.9M | -11% |
| Q4 2025 | $17.1M | +8.3% |
| Q3 2025 | $13.8M | -8.4% |
| Q2 2025 | $20M | +28% |
| Q1 2025 | $18.9M | +38% |
| Q4 2024 | $15.8M | +17% |
FEIM's revenue is growing: $23M last quarter, up 70% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +20 points |
| Q2 2026 | -41% | -58 points |
| Q1 2026 | 7.5% | -11 points |
| Q4 2025 | 10% | -6.5 points |
| Q3 2025 | 2.6% | -13 points |
| Q2 2025 | 16% | +0.4 points |
| Q1 2025 | 18% | +22 points |
| Q4 2024 | 17% | +9.6 points |
FEIM's operating margin was 22% last quarter, up 20 points from the same quarter a year ago, near the top of its range since 2019.
FEIM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.8M | +362% |
| Q2 2026 | $1.5M | +$2.2M |
| Q1 2026 | -$2.3M | +$1.7M |
| Q4 2025 | -$1.1M | -134% |
| Q3 2025 | $385K | +$2.2M |
| Q2 2025 | -$786K | -112% |
| Q1 2025 | -$4M | -201% |
| Q4 2024 | $3.4M | +$3.7M |
FEIM's free cash flow was −$184,000 over the past year, against −$1M the year before.
FEIM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.6% | +449K shares |
| 1 year | +5.2% | +509K shares |
| 3 years | +9% | +848K shares |
| 5 years | +11% | +1M shares |
| Available history | +13% | +1.2M shares |
FEIM has 10M diluted shares, up 5.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $616,000 |
| Q4 2025 | $375,000 |
| Q3 2025 | $583,000 |
| Q2 2025 | — |
| Q1 2025 | $215,000 |
FEIM spent $991,000 buying back its own shares over the past year.
FEIM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -17.3x | Net Cash |
FEIM has more cash than debt.
FEIM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.0 | Neutral |
| Stochastic | 30.9 | Neutral |
FEIM's weekly RSI is 50 (neutral) and its Stochastic is 31 (neutral).
FEIM PE vs Technology Sector
| Metric | FEIM | Sector median | Relative |
|---|---|---|---|
| PE | 269x | 28x | 866% above |
| PE % | 96 | 35 | 61 pts above |
FEIM is trading at 269x earnings, a 866% premium to the Technology sector's median of 28x.
FEIM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $71.8 | 6.3% below |
| 20 week MA | $70.1 | 4.1% below |
| 50 week MA | $61.0 | 10% above |
| 100 week MA | $42.0 | 60% above |
| 200 week MA | $25.6 | 162% above |
FEIM has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 162% above its 200-week average.
FEIM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.3 | $10.6 | +2.7% |
| 2021 | $10.6 | $9.33 | -12% |
| 2022 | $9.33 | $6.33 | -32% |
| 2023 | $6.33 | $11.0 | +73% |
| 2024 | $11.0 | $19.4 | +77% |
| 2025 | $19.4 | $56.3 | +190% |
| 2026 YTD | $56.3 | $67.3 | +19% |
FEIM has finished higher in four of the last six years, three of them by more than 50%. It's up 19% so far in 2026.