PN Smart Energy vs Richardson Electronics
Richardson Electronics is the larger business, with $229m of revenue in fiscal 2026 against $63.3m for PN Smart Energy (3.6 times as much). PN Smart Energy grew faster (27.0% against 9.4%). Richardson Electronics kept more of each dollar of sales as profit: a net margin of 2.8% against -4.3%. Richardson Electronics carries less debt relative to equity (0.0% against 10.7%).
| Latest fiscal year | PN Smart EnergyPN, 2025 | Richardson ElectronicsRELL, 2026 |
|---|---|---|
| Revenue | $63.3m | $229m |
| Revenue growth | 27.0% | 9.4% |
| Net income | −$2.7m | $6.4m |
| Operating margin | -4.0% | 2.8% |
| Net margin | -4.3% | 2.8% |
| Return on equity | -14.9% | 4.0% |
| Free cash flow | $2.4m | −$3.6m |
| Cash | $9.3m | $31.8m |
| Total debt | $2.1m | $0 |
| Debt to equity | 10.7% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | 1.4% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $61.5m | $254m |
| Price vs our value range | — | Above our value range |
| Moat score | — | 22 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 24 sales |