RF Industries (RFIL)
Market Price (9/21/2026): $8.22 | Market Cap: $-Sector: Industrials | Industry: Electrical Components & Equipment
RF Industries (RFIL)
Market Price (9/21/2026): $8.22Market Cap: $-Sector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Key risksRFIL key risks include [1] its high dependence on capital expenditure by wireless carriers, Show more. |
| Key risksRFIL key risks include [1] its high dependence on capital expenditure by wireless carriers, Show more. |
Qualitative Assessment
AI Analysis | Feedback
RF Industries (RFIL) stock has lost about 55% since 5/31/2026 because of the following key factors:
1. Correction from extreme overvaluation following a rapid ascent. RF Industries' stock reached an all-time high of $22.30 on June 22, 2026, prior to its significant decline. This substantial drop, occurring despite the company reporting robust financial performance for both fiscal Q2 2026 (ended April 30, 2026) and fiscal Q3 2026 (ended July 31, 2026), suggests a market correction from an unsustainable valuation. For example, on September 14, 2026, despite strong Q3 results, the stock, then trading at $10.26, was considered 104.0% above its GF Value™ of $5.03, and its trailing twelve months (TTM) price-to-earnings (P/E) ratio of 73.29x was substantially higher than its 5-year median of 47.93x, indicating a significant overvaluation that prompted a sharp correction.
2. Investor re-evaluation of growth potential and valuation multiples despite strong operational performance. RF Industries (operating on a fiscal calendar ending October 31) delivered strong financial results during the period, yet the stock trended downward. For fiscal Q2 2026, reported on June 15, 2026, the company beat analyst estimates with non-GAAP EPS of $0.14 versus an estimated $0.06, and revenue of $20.7 million, exceeding estimates of $19.29 million, but the stock still declined by 12.32% on the announcement day. Similarly, fiscal Q3 2026 results, released on September 14, 2026, reported record revenue of $23.96 million (up 21% year-over-year) and improved profitability, including a 160 basis point expansion in gross margin to 35.6% and operating income surging over 150% to $1.8 million. The continued stock decline despite these positive company-specific fundamentals suggests that the market was re-evaluating RFIL's growth trajectory and the long-term sustainability of its valuation multiples.
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RF Industries (RFIL) stock has lost about 55% since 5/31/2026 because of the following key factors:
1. Correction from extreme overvaluation following a rapid ascent. RF Industries' stock reached an all-time high of $22.30 on June 22, 2026, prior to its significant decline. This substantial drop, occurring despite the company reporting robust financial performance for both fiscal Q2 2026 (ended April 30, 2026) and fiscal Q3 2026 (ended July 31, 2026), suggests a market correction from an unsustainable valuation. For example, on September 14, 2026, despite strong Q3 results, the stock, then trading at $10.26, was considered 104.0% above its GF Value™ of $5.03, and its trailing twelve months (TTM) price-to-earnings (P/E) ratio of 73.29x was substantially higher than its 5-year median of 47.93x, indicating a significant overvaluation that prompted a sharp correction.
2. Investor re-evaluation of growth potential and valuation multiples despite strong operational performance. RF Industries (operating on a fiscal calendar ending October 31) delivered strong financial results during the period, yet the stock trended downward. For fiscal Q2 2026, reported on June 15, 2026, the company beat analyst estimates with non-GAAP EPS of $0.14 versus an estimated $0.06, and revenue of $20.7 million, exceeding estimates of $19.29 million, but the stock still declined by 12.32% on the announcement day. Similarly, fiscal Q3 2026 results, released on September 14, 2026, reported record revenue of $23.96 million (up 21% year-over-year) and improved profitability, including a 160 basis point expansion in gross margin to 35.6% and operating income surging over 150% to $1.8 million. The continued stock decline despite these positive company-specific fundamentals suggests that the market was re-evaluating RFIL's growth trajectory and the long-term sustainability of its valuation multiples.
3. Absence of new, compelling catalysts amidst a flat capital expenditure outlook. While RF Industries successfully pivoted towards higher-value integrated systems and custom cabling solutions, driving robust bookings ($26.3 million in fiscal Q2 2026 and $22.5 million in fiscal Q3 2026) and a healthy backlog, the company's growth environment included projections for wireless carrier capital expenditures (CapEx) to be largely flat through fiscal 2026. Despite management's efforts to gain market share in this challenging environment and projecting stable to slightly increased sales for fiscal Q4 2026, the absence of unexpected significant industry-wide catalysts or demand surges likely contributed to the sustained selling pressure as investors rotated out of high-valuation stocks that lacked new, substantial growth drivers to justify their elevated prices.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
5/31/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| RFIL | -54.7% | |
| Market (SPY) | 0.9% | 39.2% |
| Sector (XLI) | -2.0% | 40.6% |
Fundamental Drivers
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Market Drivers
2/28/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| RFIL | -29.4% | |
| Market (SPY) | 11.6% | 48.2% |
| Sector (XLI) | -3.9% | 44.6% |
Fundamental Drivers
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Market Drivers
8/31/2025 to 9/20/2026| Return | Correlation | |
|---|---|---|
| RFIL | 14.2% | |
| Market (SPY) | 19.4% | 38.8% |
| Sector (XLI) | 12.8% | 42.0% |
Fundamental Drivers
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Market Drivers
8/31/2023 to 9/20/2026| Return | Correlation | |
|---|---|---|
| RFIL | 113.0% | |
| Market (SPY) | 75.6% | 24.0% |
| Sector (XLI) | 63.4% | 27.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RFIL Return | 63% | -36% | -41% | 29% | 48% | 37% | 62% |
| Peers Return | 19% | -7% | 102% | 76% | 35% | 33% | 608% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| RFIL Win Rate | 50% | 33% | 25% | 67% | 50% | 56% | |
| Peers Win Rate | 60% | 45% | 67% | 67% | 60% | 58% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| RFIL Max Drawdown | -32% | -43% | -57% | -25% | -39% | -63% | |
| Peers Max Drawdown | -22% | -39% | -20% | -26% | -38% | -31% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: WWD, POWL, ETN, VRT, EMR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
| Event | RFIL | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -31.3% | -18.8% |
| % Gain to Breakeven | 45.5% | 23.1% |
| Time to Breakeven | 76 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -22.1% | -7.8% |
| % Gain to Breakeven | 28.4% | 8.5% |
| Time to Breakeven | 33 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -31.1% | -9.5% |
| % Gain to Breakeven | 45.1% | 10.5% |
| Time to Breakeven | 229 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -30.7% | -6.7% |
| % Gain to Breakeven | 44.4% | 7.1% |
| Time to Breakeven | 641 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -36.9% | -24.5% |
| % Gain to Breakeven | 58.4% | 32.4% |
| Time to Breakeven | 1005 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -47.4% | -33.7% |
| % Gain to Breakeven | 90.1% | 50.9% |
| Time to Breakeven | 363 days | 140 days |
In The Past
RF Industries's stock fell -31.3% during the 2025 US Tariff Shock. Such a loss loss requires a 45.5% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | RFIL | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -31.3% | -18.8% |
| % Gain to Breakeven | 45.5% | 23.1% |
| Time to Breakeven | 76 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -22.1% | -7.8% |
| % Gain to Breakeven | 28.4% | 8.5% |
| Time to Breakeven | 33 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -31.1% | -9.5% |
| % Gain to Breakeven | 45.1% | 10.5% |
| Time to Breakeven | 229 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -30.7% | -6.7% |
| % Gain to Breakeven | 44.4% | 7.1% |
| Time to Breakeven | 641 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -36.9% | -24.5% |
| % Gain to Breakeven | 58.4% | 32.4% |
| Time to Breakeven | 1005 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -47.4% | -33.7% |
| % Gain to Breakeven | 90.1% | 50.9% |
| Time to Breakeven | 363 days | 140 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -20.5% | -3.7% |
| % Gain to Breakeven | 25.7% | 3.9% |
| Time to Breakeven | 8 days | 6 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -25.6% | -6.8% |
| % Gain to Breakeven | 34.5% | 7.3% |
| Time to Breakeven | 1017 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.4% | -17.9% |
| % Gain to Breakeven | 35.9% | 21.8% |
| Time to Breakeven | 267 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -55.0% | -53.4% |
| % Gain to Breakeven | 122.1% | 114.4% |
| Time to Breakeven | 545 days | 1085 days |
In The Past
RF Industries's stock fell -31.3% during the 2025 US Tariff Shock. Such a loss loss requires a 45.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About RF Industries (RFIL)
RF Industries (RFIL) is a company that designs, manufactures, and markets interconnect products and systems, specializing in providing essential connectivity solutions. Its core offerings include a wide array of coaxial connectors and various types of cable assemblies, such as standard coaxial cables, custom copper and fiber optic cables, and complex hybrid fiber optic and power solution cables. The company also produces specialized wiring harnesses and adapters for diverse applications requiring reliable electrical and optical connections.
Beyond general connectivity products, RF Industries offers more specialized solutions like energy-efficient cooling systems for wireless base stations and custom-designed pole-ready 5G small cell integrated enclosures, addressing the evolving demands of modern communication infrastructure. The company serves a broad customer base that primarily includes telecommunications carriers, wireless and network infrastructure providers, and original equipment manufacturers (OEMs). Its expertise in custom cabling and wiring harnesses also extends to clients in industrial, oilfield, instrumentation, military, automotive, medical, and data communications sectors, underpinning critical connections across numerous industries.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe RF Industries (RFIL):
- RF Industries is like CommScope for custom cables, connectors, and 5G small cell enclosures.
- RF Industries is like Belden for specialized, custom-engineered cabling and connectivity solutions.
AI Analysis | Feedback
- Coaxial Connectors: Components used for connecting coaxial cables in RF applications.
- RF Cable Assemblies: Pre-assembled coaxial cables with connectors for RF signal transmission.
- Custom Copper and Fiber Cable Assemblies: Tailored cable solutions for data, power, and communication needs.
- Hybrid Fiber Optic and Power Solution Cables: Integrated cables combining fiber optics and power lines into a single solution.
- Energy-Efficient Cooling Systems: Specialized systems for cooling wireless base stations and remote equipment shelters.
- 5G Small Cell Integrated Enclosures: Custom, pole-ready enclosures designed for 5G network infrastructure deployment.
- Electromechanical Wiring Harnesses: Bundles of wires and components for various electrical and electronic systems.
- Adapters: Connectivity components used to connect different types of cables or devices.
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Robert Dawson, Chief Executive Officer
Mr. Dawson has served as the Company's Chief Executive Officer since July 17, 2017, and was appointed to the Board as a director on July 21, 2018. Prior to joining RF Industries, he was President and CEO of Vision Technology Services, an information technology consulting and project management company that was acquired by BG Staffing. From 2007 to 2013, Mr. Dawson held various executive roles at TESSCO Technologies, a publicly traded distributor of wireless products and services, concluding his tenure as Vice President of Sales. He joined TESSCO through its 2007 acquisition of NetForce Solutions, a technology training and consulting firm that he co-founded in 2000 and led as Chief Executive Officer for seven years.
Peter Yin, Chief Financial Officer
Mr. Yin was promoted to Chief Financial Officer in January 2021. He initially joined RF Industries in September 2014 as Controller, where he was responsible for SEC and financial reporting, as well as Sarbanes-Oxley (SOX) internal controls functions. His responsibilities expanded to include operations, information systems, and technology, and he was promoted to Vice President of Finance and Operations in December 2017, then to Senior Vice President in November 2019. Before his time at RF Industries, Mr. Yin worked at Sony Corporation of America in Corporate Audit from 2010 to 2014 and as an auditor at Grant Thornton from 2006 to 2010. He is a Certified Public Accountant (CPA) and Certified Fraud Examiner (CFE).
Ray Bibisi, President & Chief Operating Officer
Mr. Bibisi joined RF Industries as Chief Revenue Officer in January 2020 and subsequently transitioned to President and Chief Operating Officer, with a promotion to President in March 2024. Prior to joining the Company, he spent over 30 years at Radio Frequency Systems (RFS), where he held concurrent roles as VP of Sales and General Manager of North America, and was a member of the Global Governing Executive Committee.
AI Analysis | Feedback
The key risks to RF Industries (RFIL) are primarily associated with its reliance on dynamic market sectors, the rapid pace of technological advancements, and the competitive landscape of its industry.
- Heavy Dependence on the Telecommunications and Wireless Markets and Industry Cyclicality: RF Industries is significantly influenced by the wireless and broadband communications markets, which are subject to external factors like economic conditions and industry consolidation. Fluctuations in customer demand, the timing and materialization of network buildouts, and overall industry cyclicality can lead to revenue volatility and impact the company's backlog and future financial performance.
- Rapid Technological Changes and Risk of Product Obsolescence: The wireless and telecommunications industry is characterized by rapid technological evolution. Changes in product demands from telecommunications and other infrastructure companies can quickly render some of RF Industries' current products obsolete. The company must continuously and timely adapt to technological developments and introduce new products to meet evolving customer needs.
- Intense Competition: RF Industries operates in a highly competitive market within the wireless and telecommunications sectors. The presence of numerous active competitors, including both established players and emerging companies, creates competitive pressures that can affect market share, pricing, and growth opportunities.
AI Analysis | Feedback
AI Analysis | Feedback
RF Industries (NASDAQ: RFIL) operates in several key addressable markets related to interconnect products and custom cabling solutions for telecommunications and other industries.
RF Connectors
The global RF connectors market was valued at approximately $30.15 billion in 2024 and is projected to grow to about $51.68 billion by 2031, at a compound annual growth rate (CAGR) of 8.00%. Another source indicates a global market size of $32 billion in 2023, expected to reach $61.8 billion by 2033 with a CAGR of 7.7%. North America is a significant region in this market, with sales of RF coaxial connectors in North America reaching approximately $1.25 billion in 2024. The U.S. alone accounted for 77.9% of the North American RF connectors market in 2023. The broader RF connector market, including all types, is projected to grow from $37.1 billion in 2025 to $77.9 billion by 2035 globally.
Cable Assemblies (Coaxial and Fiber Optic)
The global RF coaxial cable assemblies market was valued at $5.41 billion in 2024 and is expected to reach nearly $8.89 billion by 2032, growing at a CAGR of 6.4% from 2025. The global fiber optic cable assemblies market was valued at approximately $5.20 billion in 2024 and is projected to grow to $9.83 billion by 2030, at a CAGR of 11.19%. Another estimate places the global fiber optic cable assembly market size at $7.16 billion in 2024, expected to reach $11.33 billion by 2032 with a CAGR of 6.9%. North America is a leading region in the global fiber optic cable assemblies market due to significant investments in telecommunications infrastructure and data centers. The U.S. and European fiber optic cable market combined is estimated at $4.56 billion in 2026. The overall global cable assembly market, encompassing various cable types including coaxial and fiber optic, was valued at $193.62 billion in 2025 and is projected to reach $330.64 billion by 2034, exhibiting a CAGR of 6.13%.
5G Small Cells and Wireless Infrastructure
The global 5G small cell market was valued at $6.95 billion in 2024 and is poised for substantial growth, projected to reach $643.58 billion by 2033, with an impressive CAGR of 65.4% during the forecast period (2026–2033). Other estimates for the global 5G small cell market size include $7.73 billion in 2025, projected to reach $124.32 billion by 2033, with a CAGR of 39.2% from 2026 to 2033. Another report indicates a market size of $6.51 billion in 2025, growing to $33.2 billion by 2031 at a 31.2% CAGR. North America held a significant share in the 5G small cell market. The broader U.S. communication equipment market, which includes infrastructure for 5G, was valued at $119.33 billion in 2024 and is expected to grow at a CAGR of 3.0% from 2025 to 2030. North America dominated the global telecom equipment market with over 35% share in 2024.
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RF Industries (NASDAQ: RFIL) is expected to drive future revenue growth over the next two to three years through several key initiatives and market trends:
- Transformation to a Technology Solutions Provider: The company is strategically shifting its focus from being solely a product seller to a provider of technology solutions. This includes emphasizing higher-value offerings such as DAC thermal cooling systems, integrated small cell solutions, custom cables, wire harnesses, and hybrid fiber optic and power solution cables.
- Market Diversification: RF Industries is actively working to diversify its end markets beyond traditional telecom sales. The company is targeting growth in sectors like aerospace, transportation, stadiums and venues, edge data centers, and public safety, aiming to reduce its reliance on a single market segment.
- Wireless Network Densification and 5G Small Cell Deployments: The company is well-positioned to benefit from the anticipated acceleration of wireless network densification, with expected improved spending on small cell deployments throughout 2025. This also includes an increase in stadium and venue projects.
- New Product Launches: Management has indicated a clear focus on introducing new products and solutions as a key driver for sales growth, particularly in fiscal year 2026.
- Enhanced Customer and Market Penetration: RF Industries is committed to further penetrating existing customer bases and expanding into new markets through improved go-to-market strategies and strengthening OEM relationships.
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Share Repurchases
- RF Industries did not repurchase any equity securities during the fourth quarter of fiscal year 2025.
Share Issuance
- The number of shares issued and outstanding increased from 10,544,431 at October 31, 2024, to 10,713,801 at October 31, 2025.
- Additional paid-in capital increased by $1,062,000, from $26,988,000 at October 31, 2024, to $28,050,000 at October 31, 2025.
Outbound Investments
- RF Industries aims to expand its business organically and through future acquisitions.
Capital Expenditures
- The company's average capital expenditures over the past five years amounted to approximately $532,230.
- The latest trailing twelve months (TTM) capital expenditures for RF Industries stood at approximately $769,540.
- Future capital expenditures are anticipated to support the company's expansion plans, including potential acquisitions and the requirement for additional capital equipment.
Peer Outperformance in Electrical Components & Equipment
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 7.0% | 104.6% | 189.6% | FIX 2338% · STRL 2296% · CDNL 2275% |
| Marine Transportation | 5 | 88.1% | 65.8% | 180.5% | HOS 44163% · MATX 208% · SFL 181% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 11.7% | 58.9% | 128.8% | CAT 364% · ALSN 258% · WAB 236% |
| Aerospace & Defense | 55 | -6.5% | 68.9% | 75.0% | ATI 1076% · FTAI 1008% · HWM 661% |
| Rail Transportation | 7 | 29.3% | 58.4% | 59.0% | FSTR 147% · CSX 70% · RAIL 69% |
| Trading Companies & Distributors | 19 | 4.3% | 37.2% | 50.9% | DXPE 581% · AIT 305% · WCC 222% |
| Industrial Machinery & Supplies & Components | 72 | 9.1% | 51.5% | 43.2% | CRS 1278% · PSIX 1091% · EROC 652% |
| Diversified Support Services | 33 | 13.4% | 34.2% | 36.0% | LIME 3498% · TH 459% · WLFC 363% |
| Passenger Ground Transportation | 3 | -28.4% | 46.2% | 31.6% | UBER 59% · CAR 32% · LYFT -72% |
| Cargo Ground Transportation | 16 | 34.4% | 2.3% | 27.6% | R 251% · XPO 242% · CVLG 163% |
| Electrical Components & Equipment ← | 41 | 3.4% | 58.5% | 24.2% | POWL 2383% · BE 1333% · VRT 958% |
| Building Products | 33 | -14.7% | 3.4% | 20.0% | LMB 728% · GFF 398% · PPIH 301% |
| Industrial Conglomerates | 17 | 7.9% | 6.5% | 7.9% | RCMT 524% · CSW 142% · DD 76% |
| Agricultural & Farm Machinery | 17 | 6.4% | 4.5% | -2.4% | BLBD 214% · DE 117% · GENC 58% |
| Environmental & Facilities Services | 29 | -11.1% | 24.2% | -7.2% | CECO 929% · ADUR 404% · NVRI 376% |
| Research & Consulting Services | 13 | -12.7% | -22.8% | -10.5% | HURN 219% · CRAI 92% · GRNQ 67% |
| Data Processing & Outsourced Services | 6 | -33.4% | -14.8% | -24.6% | EXLS 46% · BR 10% · G -23% |
| Passenger Airlines | 11 | 3.2% | 13.3% | -27.7% | LTM 3169% · UAL 145% · SKYW 113% |
| Office Services & Supplies | 9 | 7.4% | 12.6% | -32.7% | PBI 202% · TILE 148% · HNI 51% |
| Human Resource & Employment Services | 22 | 6.5% | -15.5% | -36.3% | BBSI 89% · ADP 54% · PAYX 25% |
| Air Freight & Logistics | 12 | -18.0% | -19.7% | -39.1% | CHRW 97% · EXPD 67% · FDX 66% |
| Security & Alarm Services | 10 | -37.7% | 22.8% | -44.9% | CIX 157% · MG 128% · BCO 68% |
| Airport Services | 3 | -75.1% | -78.7% | -61.9% | JOBY -35% · ASLE -62% · UP -100% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| RF Industries Earnings Notes | 12/16/2025 | |
| With RF Industries Stock Down 5.3% In A Month, How Confident Are You? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 216.68 |
| Mkt Cap | 83.8 |
| Rev LTM | 11,480 |
| Op Inc LTM | 2,227 |
| FCF LTM | 2,924 |
| FCF 3Y Avg | 1,709 |
| CFO LTM | 3,354 |
| CFO 3Y Avg | 1,968 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.5% |
| Rev Chg 3Y Avg | 14.9% |
| Rev Chg Q | 21.2% |
| QoQ Delta Rev Chg LTM | 4.9% |
| Op Inc Chg LTM | 15.5% |
| Op Inc Chg 3Y Avg | 45.1% |
| Op Mgn LTM | 19.4% |
| Op Mgn 3Y Avg | 18.2% |
| QoQ Delta Op Mgn LTM | 0.6% |
| CFO/Rev LTM | 21.0% |
| CFO/Rev 3Y Avg | 16.1% |
| FCF/Rev LTM | 18.6% |
| FCF/Rev 3Y Avg | 13.7% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Integrated Systems | 30 | 21 | |||
| Custom Cabling | 26 | 18 | |||
| Interconnect | 25 | 26 | |||
| Corporate | 0 | 0 | |||
| Custom Cabling Manufacturing and Assembly | 26 | 42 | 42 | ||
| RF Connector and Cable Assembly | 46 | 44 | 16 | ||
| Total | 81 | 65 | 72 | 85 | 57 |
| $ Mil | 2003 | 2001 | 2000 | 1999 |
|---|---|---|---|---|
| Connector/Cable | 1 | 2 | ||
| Neulink | 0 | -0 | -0 | -0 |
| Bioconnect | -0 | |||
| Connector | 2 | 1 | ||
| Total | 1 | 2 | 2 | 1 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| RF Connector and Cable Assembly | 48 | 55 | 55 | 7 | 8 |
| Custom Cabling Manufacturing and Assembly | 21 | 17 | 22 | 26 | 15 |
| Corporate | 3 | 10 | 12 | 16 | 18 |
| Total | 71 | 82 | 90 | 50 | 41 |
Price Behavior
| Market Price | $8.01 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 05/28/1997 | |
| Distance from 52W High | -62.7% | |
| 50 Days | 200 Days | |
| DMA Price | $11.84 | $12.22 |
| DMA Trend | up | down |
| Distance from DMA | -32.3% | -34.4% |
| 3M | 1YR | |
| Volatility | 77.4% | 90.0% |
| Downside Capture | 529.05 | 365.20 |
| Upside Capture | 54.35 | 310.99 |
| Correlation (SPY) | 36.2% | 38.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 3.44 | 3.95 | 2.78 | 3.33 | 2.85 | 1.08 |
| Up Beta | 5.72 | 7.72 | 3.94 | 1.83 | 2.56 | 0.46 |
| Down Beta | 2.96 | 1.11 | 1.29 | 2.18 | 1.06 | 0.86 |
| Up Capture | 55% | 31% | 181% | 801% | 1405% | 628% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 9 | 16 | 27 | 66 | 125 | 357 |
| Down Capture | 477% | 515% | 325% | 274% | 188% | 109% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 12 | 26 | 37 | 60 | 125 | 362 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RFIL | |
|---|---|---|---|---|
| RFIL | 13.2% | 90.5% | 0.53 | - |
| Sector ETF (XLI) | 13.5% | 17.2% | 0.57 | 41.0% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 38.7% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | 23.2% |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | -6.6% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | 13.7% |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | 19.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RFIL | |
|---|---|---|---|---|
| RFIL | -3.3% | 59.3% | 0.17 | - |
| Sector ETF (XLI) | 12.4% | 17.6% | 0.54 | 25.9% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 22.1% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 13.0% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | -0.8% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 15.0% |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | 9.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RFIL | |
|---|---|---|---|---|
| RFIL | 13.8% | 59.8% | 0.46 | - |
| Sector ETF (XLI) | 13.1% | 20.1% | 0.57 | 22.4% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 22.0% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 10.7% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 6.2% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 15.9% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | 2.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 9/17/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/14/2026 | -12.3% | ||
| 6/15/2026 | -9.3% | 16.6% | -27.4% |
| 3/16/2026 | 12.3% | -10.0% | 11.2% |
| 1/14/2026 | 22.6% | 55.9% | 51.0% |
| 9/11/2025 | -13.1% | -11.4% | -3.6% |
| 6/16/2025 | 0.0% | 27.5% | 57.3% |
| 3/17/2025 | 8.9% | 13.3% | -5.9% |
| 1/16/2025 | -9.0% | -3.7% | 13.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 11 | 12 |
| # Negative | 14 | 13 | 12 |
| Median Positive | 3.9% | 10.6% | 10.8% |
| Median Negative | -8.8% | -11.4% | -6.8% |
| Max Positive | 22.6% | 55.9% | 57.3% |
| Max Negative | -21.9% | -28.1% | -27.4% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/14/2026 | -12.3% | ||
| 6/15/2026 | -9.3% | 16.6% | -27.4% |
| 3/16/2026 | 12.3% | -10.0% | 11.2% |
| 1/14/2026 | 22.6% | 55.9% | 51.0% |
| 9/11/2025 | -13.1% | -11.4% | -3.6% |
| 6/16/2025 | 0.0% | 27.5% | 57.3% |
| 3/17/2025 | 8.9% | 13.3% | -5.9% |
| 1/16/2025 | -9.0% | -3.7% | 13.2% |
| 9/16/2024 | -11.6% | -14.0% | -6.3% |
| 6/13/2024 | 4.7% | 5.9% | 38.1% |
| 3/18/2024 | 1.0% | 2.6% | 0.3% |
| 1/23/2024 | 1.7% | 3.7% | 10.0% |
| 9/14/2023 | -21.9% | -28.1% | -23.0% |
| 6/14/2023 | -6.2% | -17.3% | -19.5% |
| 3/13/2023 | -8.7% | -7.6% | -6.9% |
| 1/12/2023 | 1.7% | -6.9% | -4.8% |
| 9/14/2022 | -7.3% | -14.0% | -22.2% |
| 6/14/2022 | 3.9% | 1.5% | 3.8% |
| 3/17/2022 | 3.2% | -5.3% | -4.1% |
| 12/22/2021 | -4.6% | 3.9% | -6.6% |
| 9/13/2021 | -4.5% | -11.4% | -12.8% |
| 6/14/2021 | -0.9% | -4.4% | 2.1% |
| 3/11/2021 | -2.3% | 10.6% | 12.2% |
| 12/17/2020 | -12.7% | -13.0% | 0.2% |
| 9/10/2020 | 5.4% | 21.3% | 10.3% |
| SUMMARY STATS | |||
| # Positive | 11 | 11 | 12 |
| # Negative | 14 | 13 | 12 |
| Median Positive | 3.9% | 10.6% | 10.8% |
| Median Negative | -8.8% | -11.4% | -6.8% |
| Max Positive | 22.6% | 55.9% | 57.3% |
| Max Negative | -21.9% | -28.1% | -27.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2026 | 09/14/2026 | 10-Q |
| 04/30/2026 | 06/15/2026 | 10-Q |
| 01/31/2026 | 03/16/2026 | 10-Q |
| 10/31/2025 | 01/14/2026 | 10-K |
| 07/31/2025 | 09/11/2025 | 10-Q |
| 04/30/2025 | 06/16/2025 | 10-Q |
| 01/31/2025 | 03/17/2025 | 10-Q |
| 10/31/2024 | 01/21/2025 | 10-K |
| 07/31/2024 | 09/16/2024 | 10-Q |
| 04/30/2024 | 06/13/2024 | 10-Q |
| 01/31/2024 | 03/18/2024 | 10-Q |
| 10/31/2023 | 01/29/2024 | 10-K |
| 07/31/2023 | 09/14/2023 | 10-Q |
| 04/30/2023 | 06/14/2023 | 10-Q |
| 01/31/2023 | 03/13/2023 | 10-Q |
| 10/31/2022 | 01/24/2023 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2026 | 09/14/2026 | 10-Q |
| 04/30/2026 | 06/15/2026 | 10-Q |
| 01/31/2026 | 03/16/2026 | 10-Q |
| 10/31/2025 | 01/14/2026 | 10-K |
| 07/31/2025 | 09/11/2025 | 10-Q |
| 04/30/2025 | 06/16/2025 | 10-Q |
| 01/31/2025 | 03/17/2025 | 10-Q |
| 10/31/2024 | 01/21/2025 | 10-K |
| 07/31/2024 | 09/16/2024 | 10-Q |
| 04/30/2024 | 06/13/2024 | 10-Q |
| 01/31/2024 | 03/18/2024 | 10-Q |
| 10/31/2023 | 01/29/2024 | 10-K |
| 07/31/2023 | 09/14/2023 | 10-Q |
| 04/30/2023 | 06/14/2023 | 10-Q |
| 01/31/2023 | 03/13/2023 | 10-Q |
| 10/31/2022 | 01/24/2023 | 10-K |
| 07/31/2022 | 09/14/2022 | 10-Q |
| 04/30/2022 | 06/14/2022 | 10-Q |
| 01/31/2022 | 03/17/2022 | 10-Q |
| 10/31/2021 | 01/14/2022 | 10-K |
| 07/31/2021 | 09/13/2021 | 10-Q |
| 04/30/2021 | 06/14/2021 | 10-Q |
| 01/31/2021 | 03/11/2021 | 10-Q |
| 10/31/2020 | 12/29/2020 | 10-K |
| 07/31/2020 | 09/10/2020 | 10-Q |
| 04/30/2020 | 06/11/2020 | 10-Q |
| 01/31/2020 | 03/12/2020 | 10-Q |
| 10/31/2019 | 12/20/2019 | 10-K |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Electrical Components & Equipment Resources |
| EC&M (Electrical Construction & Maintenance) |
| Electrical Contracting News (ECN) |
| EE Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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