Event-Driven Stocks

FREQUENCY ELECTRONICS INC

FEIMNasdaq

Industrials · Instruments For Meas & Testing of Electricity & Elec Signals · DE · SEC filings ↗ · Compare ⊕

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Signs● 3 good● 3 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$0$89,000$196,000$48.3M$54.3M$41.5M
Operating income$11.7M$5.0M−$4.7M−$8.0M−$958,000−$10.9M
Net income$23.7M$5.6M−$5.5M−$8.7M$680,000−$10.0M
Total assets$93.7M$83.3M$74.5M$84.8M$96.7M$91.3M
Total liabilities$38.1M$43.4M$41.6M$38.1M$41.3M$37.0M
Equity$55.6M$39.8M$32.9M$46.7M$55.4M$54.2M
EPS (diluted)$2.46$0.59————
Shares out.9.7M9.5M9.4M9.3M9.2M9.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
—
Net margin
—
Return on equity
42.6%
Return on assets
25.3%
Return on capital (ROCE)
16.7%
Liabilities / assets
40.7%
Debt / equity
0.69×
Book value / share
$5.72
Revenue growth (YoY)
−100.0%
Net income growth (YoY)
323.4%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
4.58safe
Accruals / assets
26.8%high accruals
Piotroski F-Score
4/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
57
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 0Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 3 warning● 3 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Strong return on equity (>15%)
  • Conservative leverage (liabilities < 50% of assets)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026853,7144.7-7.8%
Apr 30, 2026925,5767.4-0.4%
Apr 15, 2026929,1284.4+8.0%
Mar 31, 2026860,1524.0+22.7%
Mar 13, 2026701,0153.5+7.8%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)