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Friedman Industries Inc FRD

Morningstar Rating
$19.46 +0.07 (0.36%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FRD is trading at a 47% discount.
Price
$19.18
Fair Value
$63.40
Uncertainty
Extreme
1-Star Price
$91.77
5-Star Price
$88.63
Economic Moat
Pswnd
Capital Allocation
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News

Trading Information

Previous Close Price
$19.39
Day Range
$18.8019.46
52-Week Range
$9.5019.52
Bid/Ask
$19.00 / $19.48
Market Cap
$135.76 Mil
Volume/Avg
22,014 / 19,656

Key Statistics

Price/Earnings (Normalized)
7.37
Price/Sales
0.28
Dividend Yield (Trailing)
0.51%
Dividend Yield (Forward)
0.82%
Total Yield
4.31%

Company Profile

Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Small Value
Total Number of Employees
235

Comparables

Valuation

Metric
FRD
8065
084010
Price/Earnings (Normalized)
7.375.363.48
Price/Book Value
1.110.590.33
Price/Sales
0.280.130.17
Price/Cash Flow
5.027.883.97
Price/Earnings
FRD
8065
084010

Financial Strength

Metric
FRD
8065
084010
Quick Ratio
0.890.701.93
Current Ratio
3.131.402.60
Interest Coverage
9.6535.8948.69
Quick Ratio
FRD
8065
084010

Profitability

Metric
FRD
8065
084010
Return on Assets (Normalized)
9.92%4.13%6.77%
Return on Equity (Normalized)
17.71%11.96%10.77%
Return on Invested Capital (Normalized)
14.22%7.25%8.44%
Return on Assets
FRD
8065
084010
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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AMSYF
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NISTF
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NPSCY
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RS
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JFEEF
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