Research Frontiers Statistics
Total Valuation
REFR has a market cap or net worth of $15.34 million. The enterprise value is $15.35 million.
| Market Cap | 15.34M |
| Enterprise Value | 15.35M |
Important Dates
The last earnings date was Thursday, August 6, 2026, after market close.
| Earnings Date | Aug 6, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
REFR has 34.87 million shares outstanding. The number of shares has increased by 1.47% in one year.
| Current Share Class | 34.87M |
| Shares Outstanding | 34.87M |
| Shares Change (YoY) | +1.47% |
| Shares Change (QoQ) | +2.07% |
| Owned by Insiders (%) | 16.74% |
| Owned by Institutions (%) | 10.80% |
| Float | 27.19M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 23.45 |
| Forward PS | n/a |
| PB Ratio | 13.66 |
| P/TBV Ratio | 13.66 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 23.46 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.54, with a Debt / Equity ratio of 0.97.
| Current Ratio | 3.54 |
| Quick Ratio | 3.15 |
| Debt / Equity | 0.97 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -154.02% and return on invested capital (ROIC) is -54.25%.
| Return on Equity (ROE) | -154.02% |
| Return on Assets (ROA) | -50.41% |
| Return on Invested Capital (ROIC) | -54.25% |
| Return on Capital Employed (ROCE) | -110.32% |
| Weighted Average Cost of Capital (WACC) | 6.84% |
| Revenue Per Employee | $130,847 |
| Profits Per Employee | -$449,921 |
| Employee Count | 5 |
| Asset Turnover | 0.23 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -70.86% in the last 52 weeks. The beta is 0.56, so REFR's price volatility has been lower than the market average.
| Beta (5Y) | 0.56 |
| 52-Week Price Change | -70.86% |
| 50-Day Moving Average | 0.55 |
| 200-Day Moving Average | 1.04 |
| Relative Strength Index (RSI) | 38.28 |
| Average Volume (20 Days) | 80,444 |
Short Selling Information
The latest short interest is 277,427, so 0.80% of the outstanding shares have been sold short.
| Short Interest | 277,427 |
| Short Previous Month | 345,343 |
| Short % of Shares Out | 0.80% |
| Short % of Float | 1.02% |
| Short Ratio (days to cover) | 5.34 |
Income Statement
In the last 12 months, REFR had revenue of $654,233 and -$2.25 million in losses. Loss per share was -$0.07.
| Revenue | 654,233 |
| Gross Profit | -1.65M |
| Operating Income | -2.28M |
| Pretax Income | -2.25M |
| Net Income | -2.25M |
| EBITDA | -2.27M |
| EBIT | -2.28M |
| Loss Per Share | -$0.07 |
Balance Sheet
The company has $1.09 million in cash and $1.09 million in debt, with a net cash position of -$6,589 or -$0.00 per share.
| Cash & Cash Equivalents | 1.09M |
| Total Debt | 1.09M |
| Net Cash | -6,589 |
| Net Cash Per Share | -$0.00 |
| Equity (Book Value) | 1.12M |
| Book Value Per Share | 0.03 |
| Working Capital | 1.04M |
Cash Flow
In the last 12 months, operating cash flow was -$1.56 million and capital expenditures -$622, giving a free cash flow of -$1.56 million.
| Operating Cash Flow | -1.56M |
| Capital Expenditures | -622 |
| Depreciation & Amortization | 6,851 |
| Net Borrowing | n/a |
| Free Cash Flow | -1.56M |
| FCF Per Share | -$0.04 |
Margins
| Gross Margin | -251.74% |
| Operating Margin | -348.14% |
| Pretax Margin | -343.85% |
| 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 | -1.47% |
| Shareholder Yield | -1.47% |
| Earnings Yield | -14.66% |
| FCF Yield | -10.18% |
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 -55.84 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -55.84 |
| Piotroski F-Score | 1 |