RF Industries, Ltd.

AI-generated fair value estimate for this company.

Method: Two-stage unlevered FCF DCF: FCF base of ~$4M (derived from FY2025 adjusted EBITDA of $6.1M less modest maintenance capex) growing 20%/yr years 1-5 (continuing the FY2025 turnaround, +24% revenue growth, margin expansion from 29% to 33% gross margin) then 5%/yr years 6-10, 3% terminal growth, 11% discount rate (small-cap industrial); plus net cash of $-2.7M (cash $5.1M, debt $7.8M)

Reasoning: RF Industries swung from a net loss to breakeven profitability in FY2025 with accelerating momentum into FY2026 (Q3 FY2026 revenue +21% YoY, EPS $0.19 vs $0.10), consistent with the 2-analyst Strong Buy/Moderate Buy consensus (average target $14.50). DCF value of ~$105M is modestly above the ~$90-91M market cap, consistent with continued operating momentum, though coverage is thin (2 analysts)