Friedman Industries Inc FRD

Morningstar Rating
$42.91 +0.49 (1.16%)
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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 LOCK|BS?^! premium.
Price
$42.90
Fair Value
LOCK|.kB@<%c
Uncertainty
LOCK|%!z
1-Star Price
LOCK|.Q#rH
5-Star Price
LOCK|.wP%$?%
Economic Moat
LOCK|%Z
Capital Allocation
—

Trading Information

Previous Close Price
$42.42
Day Range
$42.17–43.76
52-Week Range
$16.55–48.77
Bid/Ask
$17.07 / $51.66
Shares Outstanding
7.21M
Market Cap
$309.50M
Volume/Avg
29,829 / 73,615

Key Statistics

Price/Earnings (Normalized)
11.38
Price/Sales
0.40
Dividend Yield (Trailing)
0.37%
Dividend Yield (Forward)
0.37%
Dividend Payment Schedule
Feb, May, Aug, Nov
Total Yield
0.40%

Company Profile

Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Small Core
Total Number of Employees
271

Valuation

Metric
FRD
Price/Earnings (Normalized)
11.38
Price/Book Value
1.89
Price/Sales
0.40
Price/Cash Flow
8.99
Price/Earnings
FRD

Financial Strength

Metric
FRD
Quick Ratio
0.95
Current Ratio
2.90
Interest Coverage
8.89
Quick Ratio
FRD

Profitability

Metric
FRD
Return on Assets (Normalized)
8.94%
Return on Equity (Normalized)
18.89%
Return on Invested Capital (Normalized)
13.47%
Return on Assets
FRD

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