Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Richardson ElectronicsRELL -4.90%62 Debt-to-Equity is 0.01 as of May. 2026, which is 50% below its 10-year median of 0.02. GuruFocus rates RELL with a GF Score™ of 62/100 and a GF Value™ of $11.80 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,226 Hardware companies, Richardson Electronics ranks better than 99.96% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Richardson Electronics's Debt-to-Equity or its related term are showing as below:
RELL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Richardson Electronics was 0.03. The lowest was 0.01. And the median was 0.02.
RELL's Debt-to-Equity is ranked better than 99.96% of 2226
companies
in the Hardware industry
Industry Median: 0.27
vs RELL: 0.01
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Richardson Electronics Debt-to-Equity Related Terms
Richardson Electronics Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Richardson Electronics's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
RELL vs OPTX, MPTI, KULR: Debt-to-Equity Comparison
For the Electronic Components subindustry, Richardson Electronics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Richardson Electronics Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Richardson Electronics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Richardson Electronics's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Richardson Electronics (RELL) has a Debt-to-Equity of 0.01 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Richardson Electronics and its competitors. This is 50% below median its historical median of 0.02. Over the past decade, Richardson Electronics' Debt-to-Equity has ranged from 0.01 to 0.03. According to the industry distribution chart, Richardson Electronics ranks #1 out of 2226 companies in the Hardware industry, placing it in the top 0%.
Is Richardson Electronics' Debt-to-Equity too high?
Richardson Electronics' current Debt-to-Equity of 0.01 is 50% below median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.03. The Hardware industry median Debt-to-Equity is 0.27. Richardson Electronics' value of 0.01 is 96.3% below this industry median. Based on the distribution chart, Richardson Electronics ranks #1 out of 2226 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Richardson Electronics has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Richardson Electronics' Debt-to-Equity compare to OPTX and MPTI?
According to the Hardware industry distribution chart, Richardson Electronics ranks #1 out of 2226 companies for Debt-to-Equity. This places Richardson Electronics in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.27. Richardson Electronics' value of 0.01 is 96.3% below this benchmark. Historically, Richardson Electronics' own Debt-to-Equity has ranged from 0.01 to 0.03 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.27, Richardson Electronics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,226 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Richardson Electronics's current Debt-to-Equity of 0.01 is 96.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Richardson Electronics and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Richardson Electronics's current Debt-to-Equity is 0.01, which is 50% below median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Richardson Electronics stock overvalued right now?
Based on GuruFocus' analysis, Richardson Electronics (RELL) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.80, compared to a current price of $18.00 — trading 52.5% above its estimated fair value. The current Debt-to-Equity is 0.01, which is 50% below median its 10-year median of 0.02 and 96.3% below the Hardware industry median of 0.27. Richardson Electronics' overall GF Score™ is 62/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Richardson Electronics (RELL), the current Debt-to-Equity is 0.01 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Richardson Electronics (RELL) Overvalued in 2026?
Based on GuruFocus' analysis, Richardson Electronics stock appears to be overvalued.
The current stock price of $18.00 is trading 52.5% above its estimated GF Value™ of $11.80.
GuruFocus considers Richardson Electronics to be Significantly Overvalued.
Key valuation signals for RELL:
Debt-to-Equity: 0.01 (50% below median its 10-year median of 0.02)
GF Value™: $11.80 vs. price of $18.00 (52.5% above fair value)
Industry Position: 96.3% below the Hardware median (#1 of 2226)
No single metric tells the full story. See the RELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. The company's segment includes Power and Microwave Technologies, Green Energy Solutions, Canvys, and Healthcare. The company generates the majority of its revenue from the Power and Microwave Technologies segment, which includes the power grid and microwave tube business and RF, Wireless and Power technologies.
62GF Score
Get the complete analysis for RELL
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RELL has been successfully added to your 
