US · REFR
Research Frontiers Incorporated
- Sector
- Technology · Hardware, Equipment & Parts
- Headquarters
- Woodbury, NY 11797-2033
- Website
- smartglass.com
Price · as of 2024-12-31
$0.88
Market cap 33.49M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $40.96 | +4,565.15% |
| Intrinsic Value(DCF) | $0.54 | -38.5% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | $6.36 | $30.91 | $0.19 | $0.00 | $0.00 |
| 2011 | $3.56 | $26.63 | $0.00 | $0.00 | $0.00 |
| 2012 | $3.25 | $44.23 | $8.77 | $0.00 | $0.00 |
| 2013 | $6.09 | $25.98 | $1.82 | $0.00 | $0.00 |
| 2014 | $5.42 | $29.22 | $0.28 | $0.00 | $3.12 |
| 2015 | $4.44 | $28.35 | $0.13 | $0.00 | $0.00 |
| 2016 | $1.60 | $27.81 | $0.00 | $0.00 | $5.04 |
| 2017 | $0.97 | $45.09 | $0.00 | $0.00 | $0.00 |
| 2018 | $2.05 | $23.97 | $0.00 | $0.00 | $0.00 |
| 2019 | $3.22 | $27.05 | $0.08 | $0.00 | $0.00 |
| 2020 | $3.58 | $29.99 | $0.05 | $0.00 | $2.74 |
| 2021 | $2.22 | $34.08 | $0.02 | $0.00 | $0.00 |
| 2022 | $1.79 | $28.72 | $0.04 | $0.00 | $3.88 |
| 2023 | $1.32 | $34.07 | $0.00 | $0.00 | $0.00 |
| 2024 | $1.34 | $40.96 | $0.92 | $0.00 | $0.00 |
AI valuation
Our deep-learning model estimates Research Frontiers Incorporated's (REFR) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $40.96
- Current price
- $0.88
- AI upside
- +4,565.15%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$0.54
-38.5% upside
Graham-Dodd
—
— upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| REFR | Research Frontiers Incorp… | $0.88 | 33.49M | +4,565% | -38% | — | — | -34.25 | 17.25 | 33.63 | -37.53 | — | 17.25 | 80.27% | -107.96% | -98.19% | -42.84% | -89.67% | -33.24% | 0.50 | — | 10.21 | 9.86 | 0.59 | -3140.00% | 4683.00% | -6558.00% | -1.76% | -2.93 | -49.16% | 0.00% | 0.00% | 0.00% | -30.67 | -55.94 | 33.11 | -24.85 |
| CMBM | Cambium Networks Corporat… | $1.12 | 31.63M | +4,267% | +60% | — | +4,057% | -1.59 | 1.52 | 0.56 | -2.61 | — | 2.39 | 31.26% | -27.64% | -35.16% | -68.42% | -55.09% | -31.77% | 0.39 | -24.14 | 1.69 | 0.86 | -0.25 | -49028.00% | -2584.00% | 7514.00% | -17.51% | -0.18 | -19.50% | 0.00% | 0.00% | 0.57% | -2.24 | -6.31 | 0.62 | 0.58 |
| CPSH | CPS Technologies Corporat… | $4.48 | 65.09M | +8,716% | +2,992% | — | -31% | -7.13 | 1.54 | 1.06 | -4.76 | — | 1.54 | -0.56% | -20.74% | -14.84% | -19.70% | -34.79% | -15.49% | 0.01 | — | 3.29 | 2.17 | 0.81 | -33479.00% | -2333.00% | -91407.00% | -19.99% | -0.81 | -46.35% | 0.00% | 0.00% | 0.00% | -4.17 | -4.08 | 0.86 | 2.13 |
| DSWL | Deswell Industries, Inc. | $3.60 | 57.37M | +564% | -12% | +92% | +10% | 3.12 | 0.34 | 0.51 | -10.32 | 6.81 | 0.34 | 20.18% | 4.90% | 16.47% | 11.35% | 10.39% | 9.63% | 0.00 | — | 5.45 | 4.83 | -7.12 | 4583.00% | -253.00% | 292.00% | 37.99% | 0.76 | 41.99% | 9.17% | 28.60% | 44.81% | -12.30 | -3.09 | -0.60 | 3.04 |
| GAME | GameSquare Holdings, Inc. | $0.33 | 32.04M | +10,489% | -23% | — | — | -0.35 | -6.00 | 0.18 | -0.57 | — | -0.57 | 15.88% | -47.97% | -50.68% | -648.31% | -231.74% | -69.72% | -8.04 | -80.83 | 0.67 | 0.62 | -0.23 | -3772.00% | 13291.00% | 9014.00% | -173.41% | -0.56 | -153.53% | 0.00% | 0.00% | 7.63% | -0.63 | -0.95 | 0.30 | -3.01 |
| HKIT | Hitek Global Inc. | $1.98 | 57.87M | +2,546% | -11% | +8% | -16% | -19.42 | 0.49 | 5.99 | 36.06 | — | 0.49 | 34.63% | -60.14% | -30.87% | -2.82% | -17.10% | -2.33% | 0.07 | -5.57 | 13.08 | 12.63 | 16.59 | -17886.00% | -3635.00% | 6658.00% | -5.62% | -0.26 | -9.58% | 0.00% | 0.00% | 0.00% | 5.85 | 10.44 | -3.52 | 2.86 |
| HOLO | MicroCloud Hologram Inc. | $2.14 | 31.17M | +779% | +4,400% | +5,601% | — | -6.79 | 0.28 | 1.50 | 8.31 | — | 0.28 | 22.54% | -47.59% | -21.81% | -7.45% | -777.64% | -7.24% | 0.00 | — | 52.19 | 51.85 | 6.19 | -9421.00% | 4262.00% | 24591.00% | -22.60% | -3.19 | -555.16% | 0.00% | 0.00% | 165.84% | 8.20 | 11.49 | -3.90 | 9.10 |
| NEON | Neonode Inc. | $1.82 | 30.54M | +1,624% | +102% | — | +120% | -20.60 | 8.10 | 42.85 | -18.30 | — | 8.10 | 96.27% | -210.65% | -208.04% | -38.48% | -829.26% | -34.58% | 0.03 | — | 10.92 | 10.73 | 2.48 | -3788.00% | -1883.00% | -1247.00% | -4.23% | -3.45 | -712.98% | 0.00% | 0.00% | 0.00% | -17.92 | -20.84 | 37.74 | 24.18 |
| SOTK | Sono-Tek Corporation | $4.29 | 67.4M | +1,287% | -53% | -64% | -77% | 48.73 | 3.49 | 3.03 | 22.43 | — | 3.50 | 47.50% | 4.93% | 6.21% | 7.48% | 16.29% | 5.47% | 0.00 | — | 3.46 | 2.60 | -2.33 | -1160.00% | 408.00% | -8477.00% | 0.09% | 0.10 | 1.09% | 0.00% | 0.00% | 4.96% | 49.63 | 891.64 | 2.44 | 8.79 |
| WBX | Wallbox N.V. | $3.21 | 33.69M | +780% | -95% | — | — | -0.51 | 1.08 | 0.42 | -2.75 | -4.75 | -3.10 | 32.80% | -81.62% | -90.87% | -126.98% | -49.31% | -32.57% | 3.62 | -6.12 | 0.90 | 0.43 | -2.29 | 1077.00% | 1372.00% | -1980.00% | -124.90% | -0.29 | -32.05% | 0.00% | 0.00% | 0.00% | -1.93 | -2.97 | 1.58 | -2.96 |
About Research Frontiers Incorporated
Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide. The company develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs. Its SPD-Smart light-control technology is used in various product applications, including windows, sunshades, skylights, and interior partitions for homes and buildings; automotive windows, sunroofs, sun-visors, sunshades, rear-view mirrors, instrument panels, and navigation systems; aircraft windows; museum display panels, and eyewear products; and flat panel displays for electronic products. The company serves architectural, automotive, marine, and aerospace and appliance applications. Research Frontiers Incorporated was incorporated in 1965 and is headquartered in Woodbury, New York.
- CEO
- Joseph Harary
- Employees
- 6
- Beta
- 0.40
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($0.54 ÷ $0.88) − 1 = -38.5% (DCF, example).