Research Frontiers Incorporated (REFR)

NASDAQ: REFR · USD

$0.44

+0.02 (+5.5%)· Recorded snapshot

Market cap	15.5M
Revenue (ttm)	654.2K
Net income (ttm)	-2.2M
EPS (ttm)	-$0.07
Shares out	34.9M
Volume	61,708
Beta	0.59

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 654.2K
Net income (ttm): -2.2M
EPS (ttm): -$0.07
Market cap: 15.5M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-154

P25 n/aP50 n/aP75 n/a

ROIC-54.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All REFR indicators

Market & fundamental data

Available fields

206

Groups with data

Currency

USD

Showing 206 of 206 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000793524
Company name	Research Frontiers Incorporated
Country	United States
Country code	US
CUSIP number	760911107
Earnings date	2026-11-09
Earnings time	amc
Employees	5
Employees change	-1
Employees growth	-16.67%
Enterprise value	$15.5M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1965
Industry	Electronic Components
Is primary listing	Yes
Is SPAC	No
ISIN number	US7609111072
Last 10-K release date	2026-03-05
Last earnings date	2026-08-06
Last refreshed	2026-10-28
Last stock split date	1994-02-16
Last stock split type	Forward
Market cap	$15.5M
Market cap category	Nano-Cap
Next earnings date	2026-11-09
Options	Yes
Price	$0.44
Price currency	USD
Sector	Technology
SIC code	6794
Stock price date	2026-10-28
Symbol	REFR
U.S. state	New York
Website	https://www.smartglass.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-14.86%
EV/Sales	23.14x
FCF / EV yield	-10.32%
FCF yield	-10.32%
Industry forward P/E	21.97x
Industry P/E	38.98x
P/B ratio	13.07x
P/S ratio	23.12x
Price / tangible book value	13.47x
Sector forward P/E	18.86x
Sector P/E	32.77x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Gross margin	-251.74%
Operating margin	-348.14%
Pretax margin	-343.85%
Profit per employee	$-449,921
Revenue per employee	$130,847
ROA	-50.41%
ROA (5Y)	-29.46%
ROCE	-110.32%
ROE	-154.02%
ROE (5Y)	-61.43%
ROIC	-54.25%
SBC / revenue	30.52%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth years	0
Net income growth quarters	1
Net income growth years	0
Revenue growth	-46.47%
Revenue growth (Q)	-33.53%
Revenue growth (QoQ)	-36.66%
Revenue growth 10Y	-7.83%
Revenue growth 3Y	-2.85%
Revenue growth 5Y	0.98%
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-622
Depreciation and amortization	$6,851
EBIT	$-2.3M
EBITDA	$-2.3M
EPS	$-0.07
FCF per share	$-0.04
Financing cash flow	$1.4M
Free cash flow	$-1.6M
Free cash flow minus SBC	$-1.8M
Gross profit	$-1.6M
Investing cash flow	$-622
Net cash flow	$-186,320
Net income	$-2.2M
Operating cash flow minus SBC	$-1.8M
Operating income	$-2.3M
Revenue	$654,233
Stock-based compensation	$199,671

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	-55.84
Book value per share	$0.03
Debt / equity	0.97
Long-term assets	$1M
Long-term liabilities	$941,585
Net cash (debt)	$-6,589
Net cash / market cap	-0.04%
Net debt / equity	0.01
Piotroski F-Score	1
Property, plant and equipment	$963,856
Shareholders' equity	$1.1M
Tangible book value	$1.1M
Tangible book value per share	$0.03
Total assets	$2.5M
Total cash	$1.1M
Total debt	$1.1M
Total liabilities	$1.4M
WACC	6.97%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.23
Current assets	$1.5M
Current liabilities	$410,885
Current ratio	3.54
Net working capital	$109,760
Quick ratio	3.15
Working capital	$1M
Working capital turnover	0.48

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-1.47%
Dividend yield	0%
Shareholder yield	-1.47%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-79.44%
10Y return CAGR	-14.63%
10Y total return	-79.44%
150-day SMA	$0.65
15Y price change	-88.87%
15Y return CAGR	-13.62%
15Y total return	-88.87%
1D price change	5.48%
1M price change	-43.89%
1M total return	-43.89%
1W price change	-11.63%
1W total return	-11.63%
1Y price change	-81.18%
1Y return CAGR	-81.21%
1Y total return	-81.18%
20-day SMA	$0.57
200-day SMA	$0.76
20Y price change	-91.91%
20Y return CAGR	-11.82%
20Y total return	-91.91%
3M price change	-3.89%
3M total return	-3.89%
3Y price change	-58.88%
3Y return CAGR	-25.64%
3Y total return	-58.88%
50-day SMA	$0.54
50-day SMA vs 200-day SMA	50under200
52-week high	$2.45
52-week high date	2025-10-28
52-week low	$0.34
52-week low date	2026-09-16
5Y price change	-80.78%
5Y return CAGR	-28.1%
5Y total return	-80.78%
6M price change	-53.26%
6M total return	-53.26%
All-time high	$40.00
All-time high date	2000-02-17
All-time low	$0.34
All-time low date	2026-09-16
Average true range (ATR)	$0.07
Average volume	114.1K
Beta (1Y)	1.23
Beta (2Y)	0.68
Beta (5Y)	0.59
Change from 52-week high	-81.88%
Change from 52-week low	31.77%
Change from all-time high	-98.89%
Change from all-time low	31.77%
Change from open	5.73%
Day's gap	-0.24%
Dollar volume	$27,401
High price	$0.50
Low price	$0.39
Monthly RSI	36.48
Open price	$0.42
Position in 52-week range	45.99%
Premarket change	-4.96%
Premarket close	$0.42
Premarket price	$0.40
Premarket volume	2.8K
Previous close	$0.42
Price vs 150-day SMA	-31.37%
Price vs 20-day SMA	-22.63%
Price vs 200-day SMA	-41.26%
Price vs 50-day SMA	-17.87%
Relative volume	0.54
RSI	37.22
Sharpe ratio	-1.2
Sharpe ratio (3Y)	-0.02
Sharpe ratio (5Y)	-0.15
Sortino ratio	-1.94
Sortino ratio (3Y)	0.06
Sortino ratio (5Y)	-0.16
Volume	61.7K
Weekly RSI	39.44
YTD price change	-66.1%
YTD total return	-66.1%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	27.2M
Float percentage	77.98%
Shares change (QoQ)	2.07%
Shares change (YoY)	1.47%
Shares held by insiders	16.74%
Shares held by institutions	10.5%
Shares outstanding	34.9M
Short % of float	2.17%
Short % of shares	1.7%
Short ratio	0.2 days

Deeper analysis on REFR

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this REFR report

Is a complete REFR research report available?

No complete published report is available for Research Frontiers Incorporated (REFR) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Research Frontiers Incorporated (REFR)

Price

Financial snapshot

Fair-value bridge

Latest news · REFR

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All REFR indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on REFR

Frequently asked questions