Reading FEIM? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track FEIM free→Reading FEIM? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track FEIM free→NASDAQInformation TechnologyCommunication EquipmentSnapshot 2026-06-16
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, and earnings quality is fragile, reported profits aren't backed by cash. Management's recent track record has been steady, but risk is elevated. The sector backdrop is a tailwind, and compared with sector peers, FEIM is typical. Peer multiples imply a price about 139% below where it trades (it looks expensive on this basis); the read is rich. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 4 valuation methods, at three horizons. Current price $70.15. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $74, FEIM's earnings are too small for P/E to mean much; on sales it trades at 11× p/s (3.1× the 3× p/s peer median). At a normal multiple the price implies ~152% near-term growth vs our ~11% forecast. That gap is an optionality premium a financial-multiple model can't price — our $30 fair value covers only the as-is business, low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 152% near-term growth, well above our forecast of about 11%. This describes what's priced in, not a forecast of the move.
Flags: expensive valuation, weak execution quality, a turbulent sector regime (Heating).
For similar setups historically (n=889): about 49% saw a 20%+ drawdown, and roughly 85% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated neutral grew net income 54% of the time over the next year (vs 68% for the rest of the cohort, n=3704).
Over the trailing year it converted -0.13x of net income into operating cash flow. Historically, Information Technology names rated fragile grew net income 46% of the time over the next year (vs 65% for the rest of the cohort, n=2129).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.28 → $0.28 (+0.0% / 30d). 0 raised, 2 cut, 2 covering analysts.
0 upgrades, 0 downgrades / 30d. 100% of analysts rate Buy.
0 positive, 1 negative / 30d. See F4 management tile for the event list.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$315.
How much price usually moves either way.
On a bad day, this stock has moved -$638.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $3,302.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Earnings results will show trends in revenue and the health of the business.
Confirms one read:Earnings report shows revenue growth exceeding 5% year over year.
Confirms the other:Earnings report shows revenue growth below 0% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for FEIM yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Entry into a Material Definitive Agreement. On June 12, 2026, Frequency Electronics, Inc. (the “Company”) entered into a senior, secured revolving credit facility with JPMorgan Chase Bank, N.A., as the lender (the “Credit Agreement”). The Credit Agreement provides for a three-year revolving credit facility of $10,000,000, of which up to $5,000,000 is available for the issuance of letters of credit. The Credit Agreement provides that the Company may, at its option, increase the aggregate amoun…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
A side-by-side read on sector standing, valuation, and risk versus Communications Equipment.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
FEIM Frequency Electronics, Inc. | Typical Show detailsSector percentile: 41 of 100 | expensive | elevated |
CSCO Cisco | Above typical Show detailsSector percentile: 82 of 100 | full | moderate |
ANET Arista Networks | Above typical Show detailsSector percentile: 70 of 100 | expensive | elevated |
LITE Lumentum | Typical Show detailsSector percentile: 41 of 100 | expensive | elevated |
MSI Motorola Solutions | Above typical Show detailsSector percentile: 85 of 100 | fair | moderate |
3 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated stable grew net income 56% of the time over the next year (vs 62% for the rest of the cohort, n=797).
Not investment advice. As of 2026-06-16.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on securing multiple large contract awards to drive revenue growth.
Emphasize maintaining cash flow discipline despite negative cash from operations.
Leverage the new $10M revolving credit facility for capital allocation and operational needs.
Why it matters: The new credit facility may improve cash flow and support growth plans. Monitoring its use is key.
Confirms:The company says it will use at least $5 million from the credit facility for growth.
Disproves:The company does not use the credit facility or says it has cash flow problems.
Why it matters: Securing large contracts is key for growth. A failure to win contracts signals ongoing challenges.
Confirms:Announce at least one large contract worth over $5 million.
Disproves:No large contract awards announced in Q3.
Why it matters: Improving cash flow is crucial for financial health. Continued negative cash flow raises concerns.
Confirms:Q3 had positive cash from operations.
Disproves:Q3 had negative cash from operations again.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Results of Operations and Financial Condition. On March 11, 2026, Frequency Electronics, Inc. (the “Company”) issued a press release (the “Press Release”) announcing its financial results for the quarter ended January 31, 2026. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this
Results of Operations and Financial Condition. On December 11, 2025, Frequency Electronics, Inc. (the “Company”) issued a press release (the “Press Release”) announcing its financial results for the quarter ended October 31, 2025. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this
Results of Operations and Financial Condition. On September 11, 2025, Frequency Electronics, Inc. (the “Company”) issued a press release (the “Press Release”) announcing its financial results for the quarter ended July 31, 2025. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this