Research Frontiers Statistics
Total Valuation
REFR has a market cap or net worth of $26.50 million. The enterprise value is $26.35 million.
Important Dates
The last earnings date was Thursday, May 7, 2026, after market close.
| Earnings Date | May 7, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
REFR has 34.87 million shares outstanding. The number of shares has increased by 0.66% in one year.
| Current Share Class | 34.87M |
| Shares Outstanding | 34.87M |
| Shares Change (YoY) | +0.66% |
| Shares Change (QoQ) | +1.52% |
| Owned by Insiders (%) | 16.74% |
| Owned by Institutions (%) | 10.99% |
| Float | 27.19M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 37.98 |
| Forward PS | n/a |
| PB Ratio | 14.86 |
| P/TBV Ratio | 14.86 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 37.76 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 6.38, with a Debt / Equity ratio of 0.63.
| Current Ratio | 6.38 |
| Quick Ratio | 5.77 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -113.70% and return on invested capital (ROIC) is -45.85%.
| Return on Equity (ROE) | -113.70% |
| Return on Assets (ROA) | -44.22% |
| Return on Invested Capital (ROIC) | -45.85% |
| Return on Capital Employed (ROCE) | -87.65% |
| Weighted Average Cost of Capital (WACC) | 6.94% |
| Revenue Per Employee | $139,558 |
| Profits Per Employee | -$478,652 |
| Employee Count | 5 |
| Asset Turnover | 0.20 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -58.36% in the last 52 weeks. The beta is 0.54, so REFR's price volatility has been lower than the market average.
| Beta (5Y) | 0.54 |
| 52-Week Price Change | -58.36% |
| 50-Day Moving Average | 0.87 |
| 200-Day Moving Average | 1.28 |
| Relative Strength Index (RSI) | 38.17 |
| Average Volume (20 Days) | 33,161 |
Short Selling Information
The latest short interest is 344,271, so 0.99% of the outstanding shares have been sold short.
| Short Interest | 344,271 |
| Short Previous Month | 327,132 |
| Short % of Shares Out | 0.99% |
| Short % of Float | 1.27% |
| Short Ratio (days to cover) | 9.23 |
Income Statement
In the last 12 months, REFR had revenue of $697,791 and -$2.39 million in losses. Loss per share was -$0.07.
| Revenue | 697,791 |
| Gross Profit | -1.75M |
| Operating Income | -2.42M |
| Pretax Income | -2.39M |
| Net Income | -2.39M |
| EBITDA | -2.41M |
| EBIT | -2.42M |
| Loss Per Share | -$0.07 |
Full Income StatementBalance Sheet
The company has $1.28 million in cash and $1.13 million in debt, with a net cash position of $148,571 or $0.00 per share.
| Cash & Cash Equivalents | 1.28M |
| Total Debt | 1.13M |
| Net Cash | 148,571 |
| Net Cash Per Share | $0.00 |
| Equity (Book Value) | 1.78M |
| Book Value Per Share | 0.05 |
| Working Capital | 1.70M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$1.45 million and capital expenditures -$683, giving a free cash flow of -$1.45 million.
| Operating Cash Flow | -1.45M |
| Capital Expenditures | -683 |
| Depreciation & Amortization | 9,619 |
| Net Borrowing | n/a |
| Free Cash Flow | -1.45M |
| FCF Per Share | -$0.04 |
Full Cash Flow StatementMargins
| Gross Margin | -251.01% |
| Operating Margin | -347.24% |
| Pretax Margin | -342.98% |
| Profit Margin | n/a |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| 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 | -0.66% |
| Shareholder Yield | -0.66% |
| Earnings Yield | -9.03% |
| FCF Yield | -5.47% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (3Y) | n/a |
| EPS Growth Forecast (3Y) | 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 -37.41 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -37.41 |
| Piotroski F-Score | 1 |
