Superworth

Friedman Industries FRD

Steel, Basic Materials
$41.83
+2.95%
Market cap
$301.7M
PE
10.9×
9y median 9.3×
Forward PE
n/m
not a meaningful number
Price to sales
0.4×
EV/EBIT
10.0×
Revenue, 12 months
$752.1M
+62% on a year ago
Net margin
3.6%
Free cash flow yield
−2.4%

Friedman Industries trades at 10.9× trailing earnings, near its ten-year median. Revenue was $752.1M over the last twelve months, up 62% on a year earlier with a 4% net margin.

Charts

Financials

Income statement for FRD, by quarter
Income statementQ2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
$130.7M−13%$116M+4%$132.2M+7%$114.6M−17%$106.8M−18%$94.1M−19%$129.2M−2%$134.8M+18%$152.4M+43%$168M+79%$191.8M+48%$240M+78%
Cost of revenue$124.9M−14%$105.5M−0%$140.3M+27%$96.4M−20%$88.8M−29%$78.5M−26%$102.5M−27%$105.7M+10%$126.1M+42%$137.5M+75%$149.4M+46%$184.2M+74%
Gross profit$5.8M+24%$10.4M+70%−$8.1M$18.1M+11%$18M+209%$15.6M+49%$26.7M$29.1M+60%$26.3M+46%$30.5M+96%$42.3M+58%$55.8M+92%
SG&A$4.7M+3%$4.2M−10%$6.1M−2%$4.5M−24%$3.9M−17%$3.9M−8%$3.8M−38%$5.5M+21%$6.3M+60%$7.2M+84%$9.7M+154%$10.8M+99%
$1.1M+1386%$6.2M+332%$6.9M−5%−$1.4M−$224K−$1.2M$5.9M−16%$7M$2.9M$3.9M$11.8M+102%$21M+199%
Interest expense$805K$790K$937K−75%$681K+26%$869K+8%$632K−20%$771K−18%$678K−0%$754K−13%$1.3M+102%$1.4M+81%$1.2M+81%
Pre-tax income$4.7M+45%$1.3M−30%$7.1M−16%$3.3M−68%−$902K−$1.6M$6.8M−4%$6.6M+101%$3M$4M$12.7M+86%$17M+156%
$1.1M+56%$74K−83%$2.2M−1%$732K−71%−$227K−$400K$1.5M−31%$1.6M+121%$737K$961K$3.5M+135%$4.2M+159%
Net income$3.5M+42%$1.2M−14%$5M−22%$2.6M−67%−$675K−$1.2M$5.3M+8%$5M+96%$2.2M$3M$9.2M+73%$12.8M+154%
$0.48+41%$0.16−16%$0.71−17%$0.37−64%−$0.10−$0.17$0.77+9%$0.71+92%$0.32$0.43$1.30+69%$1.79+152%
7.3M+1%7.2M−0%6.9M−5%6.9M−5%6.9M−5%6.9M−4%7M+1%7M+0%7M+0%7M+0%7M+0%7M+0%

Gross profit: 65 periods, Q1 FY11 to Q1 FY27: not printed by the filing, worked out from its own lines.

Operating income: 25 periods, Q1 FY11 to Q2 FY20: not printed by the filing, worked out from its own lines.

EPS, diluted: 8 periods, Q4 FY11 to Q4 FY26: quarter's net income to common over its shares, to the cent.

Diluted shares: 9 periods, Q4 FY11 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. 6 periods, Q4 FY15 to Q4 FY22: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 8 periods, Q1 FY25 to Q1 FY27: not printed by the filing, worked out from its own lines.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Steel nearest Friedman Industries' size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
FRDFriedman Industries$301.7M10.9×9.3×0.4×+62%3.6%
IIINInsteel Industries$537.6M14.9×19.7×0.8×+17%5.1%
MTUSMetallus$846M107×14.6×0.7×+16%0.7%
BWENBroadwind$68.6Mn/m12.9×0.5×+17%3.9%
Peer median$537.6M61.2×14.6×0.7×+17%3.9%

More on Friedman Industries

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About

Industry
Steel
Sector
Basic Materials

Valuation data, not investment advice. Prices as of .