Research Frontiers Incorporated (REFR) Stock Score, Valuation & Financial Research

Research Frontiers Incorporated is in the Technology sector and Hardware, Equipment & Parts industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 17/100.

Quick answer for REFR

Research Frontiers Incorporated currently has a Wall Street Score of 17/100. The stored market price is $0.36. Its financial score is 21/100. Its valuation score is 0/100. These figures are a research snapshot, not a buy or sell recommendation.

What Research Frontiers Incorporated does

Research Frontiers Incorporated (REFR) stands as a global innovator, focusing on the development and commercialization of advanced light-regulating technologies and associated devices. The company's core business revolves around its proprietary Suspended Particle Device (SPD-Smart) light-control technology, which it licenses to other businesses. These licensees then undertake the manufacturing and marketing of various components: the SPD-Smart chemical emulsion, the light-controlling film created from this emulsion, laminated light-control panels, and the necessary electronic systems to power final products that integrate the film. Additionally, Research Frontiers offers licenses for lamination services and the end-products themselves, such as dynamic windows, skylights, and sunroofs. The versatile SPD-Smart light-control technology is integrated into a diverse array of applications. Thi

REFR financial snapshot

Wall Street Score:
17/100
Current price:
$0.36
Market capitalization:
$12.6M
Revenue:
$698K
Net income:
$-2.4M
Free cash flow:
$-1.3M
Cash:
$1.3M
Total debt:
$1.1M
EPS:
-0.06
Financial score:
21/100
Valuation score:
0/100
Revenue score:
9/100

What stands out

  • Reported year-over-year revenue growth is -0.4%.
  • Free cash flow is $-1.3M, showing cash burn in the current stored period.
  • The balance sheet shows $1.3M of cash versus $1.1M of total debt, leaving more cash than debt.

What the numbers mean

Its current valuation score is 0/100, which Wall Street Score classifies as weak within the model's valuation framework.

The financial score is 21/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-07-24.

How to research REFR

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.