Research Frontiers Statistics
Total Valuation
REFR has a market cap or net worth of $32.63 million. The enterprise value is $31.83 million.
Important Dates
The last earnings date was Thursday, March 5, 2026, after market close.
| Earnings Date | Mar 5, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
REFR has 34.75 million shares outstanding. The number of shares has increased by 0.38% in one year.
| Current Share Class | 34.65M |
| Shares Outstanding | 34.75M |
| Shares Change (YoY) | +0.38% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 15.79% |
| Owned by Institutions (%) | 11.50% |
| Float | 27.34M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 27.94 |
| Forward PS | n/a |
| PB Ratio | 32.49 |
| P/TBV Ratio | 33.55 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 28.39 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.84, with a Debt / Equity ratio of 1.25.
| Current Ratio | 3.84 |
| Quick Ratio | 3.60 |
| Debt / Equity | 1.25 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -115.64% and return on invested capital (ROIC) is -44.42%.
| Return on Equity (ROE) | -115.64% |
| Return on Assets (ROA) | -42.36% |
| Return on Invested Capital (ROIC) | -44.42% |
| Return on Capital Employed (ROCE) | -109.13% |
| Weighted Average Cost of Capital (WACC) | 6.83% |
| Revenue Per Employee | $224,250 |
| Profits Per Employee | -$409,117 |
| Employee Count | 5 |
| Asset Turnover | 0.36 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -25.50% in the last 52 weeks. The beta is 0.52, so REFR's price volatility has been lower than the market average.
| Beta (5Y) | 0.52 |
| 52-Week Price Change | -25.50% |
| 50-Day Moving Average | 1.07 |
| 200-Day Moving Average | 1.47 |
| Relative Strength Index (RSI) | 42.36 |
| Average Volume (20 Days) | 40,332 |
Short Selling Information
The latest short interest is 296,924, so 0.85% of the outstanding shares have been sold short.
| Short Interest | 296,924 |
| Short Previous Month | 276,316 |
| Short % of Shares Out | 0.85% |
| Short % of Float | 1.09% |
| Short Ratio (days to cover) | 9.19 |
Income Statement
In the last 12 months, REFR had revenue of $1.12 million and -$2.05 million in losses. Loss per share was -$0.06.
| Revenue | 1.12M |
| Gross Profit | -1.44M |
| Operating Income | -2.13M |
| Pretax Income | -2.05M |
| Net Income | -2.05M |
| EBITDA | -2.12M |
| EBIT | -2.13M |
| Loss Per Share | -$0.06 |
Full Income StatementBalance Sheet
The company has $664,299 in cash and $1.17 million in debt, with a net cash position of -$501,986 or -$0.01 per share.
| Cash & Cash Equivalents | 664,299 |
| Total Debt | 1.17M |
| Net Cash | -501,986 |
| Net Cash Per Share | -$0.01 |
| Equity (Book Value) | 933,626 |
| Book Value Per Share | 0.03 |
| Working Capital | 846,057 |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$1.33 million and capital expenditures -$726, giving a free cash flow of -$1.33 million.
| Operating Cash Flow | -1.33M |
| Capital Expenditures | -726 |
| Depreciation & Amortization | 12,386 |
| Net Borrowing | n/a |
| Free Cash Flow | -1.33M |
| FCF Per Share | -$0.04 |
Full Cash Flow StatementMargins
Gross margin is -128.55%, with operating and profit margins of -190.16% and -182.44%.
| Gross Margin | -128.55% |
| Operating Margin | -190.16% |
| Pretax Margin | -182.44% |
| Profit Margin | -182.44% |
| EBITDA Margin | -189.06% |
| EBIT Margin | -190.16% |
| FCF Margin | n/a |
Dividends & Yields
REFR does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.38% |
| Shareholder Yield | -0.38% |
| Earnings Yield | -6.53% |
| FCF Yield | -4.25% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on February 16, 1994. It was a forward split with a ratio of 1.25:1.
| Last Split Date | Feb 16, 1994 |
| Split Type | Forward |
| Split Ratio | 1.25:1 |
Scores
REFR has an Altman Z-Score of -58.16 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -58.16 |
| Piotroski F-Score | 2 |
