Skip to content
Company Analysis

Friedman Industries Inc. FRD

A comprehensive view of key metrics, scores, and financial health for Friedman Industries Inc.

Overview of Friedman Industries, Incorporated

FRD NMS
Basic Materials Steel Framework: Commodities & Mining Micro Cap
Friedman Industries, Incorporated (FRD), is a Micro Cap company, in the Steel industry, last closed at $41.54, about 104.4% undervalued vs fair value, +95.6% 1Y return, ranked 176/267 in sector.
Metrics P/E 6.4× Rev Growth 45.5% ROE 13.8% Gross Margin 13.4% Div Yield 0.90%
USD 41.54
-1.47%
(Delayed)
• Vol 90d: 52.2%
52-Week Range
Market Cap
$299.62M
Enterprise Value
$389.57M
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Weak
Growth
Good
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Weak
Completeness: 100%
Confidence: 96%
Updated: Oct 31
Top Beats

Quick Facts

Website https://www.friedmanindustries...
HQ Longview, TX
Employees 271
Fiscal year Mar 31

Next Events

Dividend Nov 13

Fair Value Snapshot

Bear Base Bull
$72
$85
$96
Current: $41.54 +104% vs base

Engine Room Money Flow™

Micro Cap

Commodities & Mining - Where revenue goes and how value is created

Flow Steps
Revenue
$646.9M
45.5%%
Gross Profit
$86.5M
90.2%%
Operating Income
$25.7M
743%%
EBITDA
$34.3M
146.1%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Commodities & Mining

Quality & Reliability Indicators

Cash Conversion Ratio FY2026
0.07x
Poor

Operating Cash Flow / Net Income

Free cash flow relative to net income

Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium

Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$1.1M
82.8% of FCF

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
5
Active Leaks
3/5
Improving
0
High Impact
2
Critical
Locked Leak
Upgrade to view details
Premium
Locked Leak
Upgrade to view details
Premium
Locked Leak
Upgrade to view details
Premium
Locked Leak
Upgrade to view details
Premium
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Friedman Industries Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
63
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • ROIC Sustainably Above Peers ROIC at 81.8th percentile exceeds peers and WACC, demonstrating superior capital allocation.
  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.83), demonstrating pricing resilience across cycles.

Key risks

  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.17), suggesting weak customer stickiness.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Moderate
65
Premium

Signals, strengths and risks for Pricing Power

Premium

Signals, strengths and risks for Cost Advantage

Premium

Signals, strengths and risks for Customer Stickiness

Premium

Signals, strengths and risks for Capital Efficiency

Premium

Signals, strengths and risks for Resilience

Premium

Signals, strengths and risks for Scale & Market Position

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Commodities & Mining vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing FRD's balance between Growth (46.7%), Profitability (27.3%), and Safety (26.0%). Growth 47% Safety 26% Profitability 27%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
Upgrade to unlock the full 3-year trend analysis and deltas.

Growth

74th percentile vs peers
74
Key Signals
Rev Growth YoY 45.5% 84p EPS Growth YoY 2.17 89p Revenue CAGR 3Y 5.7% 62p EPS CAGR 3Y -1.8% 64p TSR 20.1% 56p
Strengths
  • Rev Growth YoY in top 20% of peers (45.5%, 84th percentile)
  • EPS Growth YoY in top 20% of peers (2.17, 89th percentile)
  • Superior capital returns - 2 return metrics above peer median
  • Growth above peer median with strong metric coverage (100%)
  • Strong liquidity position vs peers
Risks

No significant risks identified for this axis.

Profitability

43th percentile vs peers
43
Key Signals
Strengths
Risks
Premium
Unlock full Profitability drilldowns

See the signal-level drivers and insights behind this axis. Upgrade to reveal the full Trade-Off Ledger.

Upgrade Now

Safety

41th percentile vs peers
41
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Friedman Industries Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
X.X%
X%XX%
X.X%
-XX%XX%
XX.X%
-XX%XX%
Adjust the sliders above to explore different valuation scenarios.
Unlock Premium
Reveal the full Scenario Theatre
See live sliders, narratives, and full Bear/Base/Bull outcomes.
Upgrade Now
Bear
-
- - -
- upside
-
Base
$84.92
- - -
+104.4% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
Actions & Info
Send Feedback
Please select a category.
0/1000