Research Frontiers Statistics

Total Valuation

REFR has a market cap or net worth of $54.62 million. The enterprise value is $52.08 million.

Market Cap	54.62M
Enterprise Value	52.08M

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, after market close.

Earnings Date	May 2, 2024
Ex-Dividend Date	n/a

Share Statistics

REFR has 33.51 million shares outstanding. The number of shares has increased by 4.31% in one year.

Shares Outstanding	33.51M
Shares Change (YoY)	+4.31%
Shares Change (QoQ)	-0.17%
Owned by Insiders (%)	17.72%
Owned by Institutions (%)	6.89%
Float	28.52M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	59.68
Forward PS	n/a
PB Ratio	15.43
P/FCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	57.26
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 12.89, with a Debt / Equity ratio of 0.08.

Current Ratio	12.89
Quick Ratio	12.54
Debt / Equity	0.08
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -46.20% and return on invested capital (ROIC) is -53.71%.

Return on Equity (ROE)	-46.20%
Return on Assets (ROA)	-42.00%
Return on Capital (ROIC)	-53.71%
Revenue Per Employee	$151,600
Profits Per Employee	-$318,061
Employee Count	6
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 increased by +3.80% in the last 52 weeks. The beta is 0.28, so REFR's price volatility has been lower than the market average.

Beta (1Y)	0.28
52-Week Price Change	+3.80%
50-Day Moving Average	1.19
200-Day Moving Average	1.23
Relative Strength Index (RSI)	74.41
Average Volume (30 Days)	40,845

Short Selling Information

The latest short interest is 383,436, so 1.14% of the outstanding shares have been sold short.

Short Interest	383,436
Short Previous Month	381,889
Short % of Shares Out	1.14%
Short % of Float	1.34%
Short Ratio (days to cover)	6.05

Income Statement

In the last 12 months, REFR had revenue of $909,598 and -$1.91 million in losses. Loss per share was -$0.06.

Revenue	909,598
Gross Profit	909,598
Operating Income	-2.03M
Pretax Income	-1.91M
Net Income	-1.91M
EBITDA	-1.74M
EBIT	-1.91M
Loss Per Share	-$0.06

Full Income Statement

Balance Sheet

The company has $2.48 million in cash and $267,722 in debt, giving a net cash position of $2.21 million or $0.07 per share.

Cash & Cash Equivalents	2.48M
Total Debt	267,722
Net Cash	2.21M
Net Cash Per Share	$0.07
Equity / Book Value	3.52M
Book Value Per Share	0.10
Working Capital	3.30M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$2.30 million and capital expenditures -$1,558, giving a free cash flow of -$2.30 million.

Operating Cash Flow	-2.30M
Capital Expenditures	-1,558
Free Cash Flow	-2.30M
FCF Per Share	-$0.07

Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of -223.54% and -209.80%.

Gross Margin	100.00%
Operating Margin	-223.54%
Pretax Margin	-209.80%
Profit Margin	-209.80%
EBITDA Margin	-190.88%
EBIT Margin	-209.80%
FCF Margin	-252.49%

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	-4.31%
Shareholder Yield	-4.31%
Earnings Yield	-3.52%
FCF Yield	-4.23%

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

Stock Splits

The last stock split was on February 16, 1994. It was a forward split with a ratio of 5:4.

Last Split Date	Feb 16, 1994
Split Type	Forward
Split Ratio	5:4

Scores

REFR has an Altman Z-Score of 52.33 and a Piotroski F-Score of 2.

Altman Z-Score	52.33
Piotroski F-Score	2