Frequency Electronics, Inc.FEIM

$72.82+2.60 (+3.70%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$711M
Small-cap
+735%
2016 — today
10-Year Price
+648%
2016 — today
52-Week Range
$19.10$77.15
Current $72.82· 93%

Frequency Electronics, Inc. (FEIM) is a firm dedicated to the design, development, production, and sale of highly precise timing and frequency control products and their associated components. These specialized items are primarily intended for microwave integrated circuit applications. The company's operations are divided into two main segments. The FEI-NY segment is responsible for advanced timekeeping, frequency generation, and synchronization systems, which find utility in communication satellites, ground-based cellular telecommunication stations, and other similar terrestrial installations. This segment also supplies bespoke components and systems to the United States military. Meanwhile, the FEI-Zyfer segment focuses on crafting precision navigation and timing solutions. These solutions predominantly leverage Global Positioning System (GPS) technologies and are integrated into diverse platforms such as radar systems, airborne SIGINT/COMINT intelligence-gathering platforms, information networks, specialized test equipment, military command and control terminals, and satellite ground stations. The array of products offered by Frequency Electronics supports a wide spectrum of clients, including commercial and governmental satellite programs, and is crucial for secure communications, comprehensive C4ISR (Command, Control, Communication, Computer, Intelligence, Security and Reconnaissance) initiatives, and electronic warfare operations undertaken by the U.S. government across land-based, maritime, and airborne systems. To reach its global customer base, the company employs both direct sales channels and collaborates with independent sales organizations situated throughout the United States, Europe, and Asia. Established in 1961, Frequency Electronics, Inc. maintains its corporate headquarters in Mitchel Field, New York.

Valuation in context

P/E ratio
97.7
Near historic high
Near historic highs — last 10 years
P/B ratio
11.8
Near historic high
Near historic highs — last 10 years
EV / EBITDA
80.9
Historically pricey
Historically pricey — last 10 years
PEG ratio
1.7
Historically pricey
Historically pricey — last 10 years
FCF Yield
-0.7%
Below average
Below the 10-year average
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