Richardson Electronics $RELL Read from its own SEC filings · nothing written, nothing inferred

🫧 Edgar looked up RICHARDSON ELECTRONICS, LTD. ($RELL). Last filing: 8-K (2.01 Completion of Acquisition or Disposition of Assets), 2026-10-07. 5 event filings (8-K) in the past twelve months.

🔖 Exposure: revenue $228.6M (FY2026). Experience: revenue up 9.4% on the year, up 0.4% a year over 4 years; operating margin 2.8%, up from -1.2%. Soundness: equity 81.0% of assets, return on equity 3.9%, payout 53.9% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $174.9M and $302.6M next year (method v4.1: its own 5-year record of growth weighed at 57% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $152.3M to $349.5M. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, its industry group): operating margin 2.8% against a 4.9% median; growth 9.4% against 10.0%.

Next year, 80%$175M–$303M
Growth, on the year9.4%
Operating margin2.8%
Equity of assets81.0%
Credibility57%
Track record9 of 13
RICHARDSON ELECTRONICS, LTD. against its own record and its peers
Operating marginPeer median 4.9%2.8%Revenue, on the yearPeer median 10.0%9.4%Equity of assets81.0%Return on equity3.9%Payout of profit53.9%No peer group large enough for a median
Handed back now, or kept to compound · of each dollar of profit
53.9% paid out46.1% keptGrowth its own profit can fund1.8%managed 9.4% last year

Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.

Speed and cash · fiscal 2025

Cash Compass🍂 Fading · slow and jumpy, lagging its peers
Inside viewTurns 0.3% of revenue into operating cash; revenue shrinking 4.5% a year over three years; pays and raised its dividend.
Outside viewAmong $100M-1B companies: 26th percentile for cash, 22nd for growth. cash growth

Both views must agree for a label · a description, not advice.

Cash flow (op · inv · fin · free)$1M · −$3M · −$3M · −$4M
Investment book (cash · short · long)$32M · — · — · current ratio 4.75
Revenue swing · equity of assets20.1% · 78.5%

Richardson Electronics is growing slower than its size class, with revenue that swings more. Its own audited SEC figures.

The figures, as filed

Fiscal year end2026-05-30
Revenue$229M
Revenue, on the year9.4%
Revenue, a year over the record0.4%
Operating margin2.8%
Operating margin, prior year−1.2%
Net margin2.8%
Research and developmentnot filed separately
Total debt—
Equity of assets81.0%
Return on equity3.9%
Payout of profit53.9%
Dividend per share—
Earnings per share—
Book value per share$12.90
Revenue per share$18.01
Shares outstanding12,690,000
Audited years read5

Peers: the median of 8 filers with $50M+ revenue in wholesale-electronic parts & equipment, nec.

Health HarborRichardson Electronics sails as: Weathered boat

Health watch · 12 monthsquiet · none of the watched events filed

Sailing speed follows growth: -4.5% a year crosses the harbor in 94 seconds.

🌊 Visit the Bay →
  • slow and jumpy: growing slower than its size class, with revenue that swings more
  • revenue is hard to predict: its 80% range is ±27%

Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.

Recent filings

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company

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Data & Disclosure Notice: Edgar and Edgarette are automated software. Every figure on this page is calculated by software from public filings made by companies and funds with the U.S. Securities and Exchange Commission (EDGAR) and is published without individual human review. The accuracy and completeness of those filings are the responsibility of the filers; reports can contain errors and can be amended. Figures are shown as filed and as of each filing's date, and this page may be corrected or updated without notice. Ranges, expected returns, rankings, boats and other measures are statistical descriptions of past filings, not ratings, price forecasts, company guidance or recommendations; past results do not guarantee future results. This is general information published for all readers, not advice tailored to any person's portfolio, needs or circumstances, and nothing here is financial, investment, actuarial, legal, tax or other professional advice. Actuaries and other professionals who use these figures remain responsible for reviewing them for reasonableness and consistency against the original filings and for disclosing their reliance on them. No company, fund or reinsurer pays to be included or ranked. Provided as is, without warranty of any kind. Not affiliated with or endorsed by the SEC or by any company, fund or reinsurer named. All trademarks remain the property of their owners.