Want to see FRD full AI Analyst Report?
Top Page
Friedman Industries
(NASDAQ:FRD)
Select Model
Select Model
Rating:72Outperform
Price Target:
$42.00
▲(17.98% Upside)
Action:Reiterated
Date:08/07/26
The score is driven primarily by solid financial positioning (notably low leverage and improved profitability) tempered by weak cash conversion and negative free cash flow. Technicals add support due to a clear uptrend and positive momentum, while valuation is reasonable but not strongly aided by income (low dividend yield).
Positive Factors
Strong Revenue Growth
The 61.8% reported revenue growth indicates substantially stronger demand or shipment activity. If supported by recurring industrial and construction customers, this expanded scale can improve fixed-cost absorption and strengthen the company’s operating platform.
Negative Factors
Weak Cash Conversion
Near-breakeven operating cash flow and negative free cash flow show that reported earnings are not currently converting effectively into liquidity. Working-capital swings or capital spending could constrain internally funded growth and pressure flexibility during weaker demand.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The 61.8% reported revenue growth indicates substantially stronger demand or shipment activity. If supported by recurring industrial and construction customers, this expanded scale can improve fixed-cost absorption and strengthen the company’s operating platform.
Read all positive factors
Friedman Industries (FRD) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$321.19M
Dividend Yield0.38%
Average Volume (3M)22.76K
Price to Earnings (P/E)11.1
Beta (1Y)1.07
Revenue Growth61.80%
EPS Growth214.07%
CountryUS
Employees381
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)3.84
Shares Outstanding7,212,791
10 Day Avg. Volume15,212
30 Day Avg. Volume22,764
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.81
Price to Sales (P/S)0.19
P/FCF Ratio89.51
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Friedman Industries Business Overview & Revenue Model
Company Description
Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment s...
How the Company Makes Money
Friedman Industries primarily makes money by buying steel from domestic steel mills and other sources, processing it into customer-specific forms, and selling it at a margin. Its key revenue streams include: (1) Steel processing and distribution: ...
Friedman Industries Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
85
Very Positive
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 752.11M | 646.91M | 444.60M | 516.25M | 547.54M | 285.24M |
| Gross Profit | 100.42M | 86.50M | 45.48M | 72.42M | 69.98M | 40.99M |
| EBITDA | 45.40M | 34.30M | 13.94M | 29.46M | 32.93M | 19.91M |
| Net Income | 26.97M | 19.53M | 6.08M | 17.34M | 21.34M | 14.07M |
Balance Sheet | ||||||
| Total Assets | 373.44M | 336.81M | 226.82M | 230.02M | 199.31M | 159.28M |
| Cash, Cash Equivalents and Short-Term Investments | 5.03M | 2.45M | 3.69M | 2.89M | 2.99M | 2.60M |
| Total Debt | 101.32M | 100.91M | 50.64M | 43.13M | 34.45M | 18.82M |
| Total Liabilities | 209.29M | 185.32M | 94.40M | 102.54M | 83.88M | 79.59M |
| Stockholders Equity | 164.15M | 151.49M | 132.43M | 127.47M | 115.43M | 79.69M |
Cash Flow | ||||||
| Free Cash Flow | -7.19M | 1.38M | -9.41M | -813.00K | 47.44M | -21.46M |
| Operating Cash Flow | 362.00K | 8.54M | -4.41M | 4.98M | 63.89M | -13.40M |
| Investing Cash Flow | -52.08M | -52.76M | -3.43M | -5.80M | -88.19M | -7.92M |
| Financing Cash Flow | 56.84M | 43.30M | 6.09M | 1.34M | 13.56M | 17.25M |
Friedman Industries Technical Analysis
Positive
35.60
Price Trends
35.88
Positive
28.17
Positive
23.85
Positive
Market Momentum
3.39
Negative
63.96
Neutral
74.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FRD, the sentiment is Positive. The current price of 35.6 is below the 20-day moving average (MA) of 39.59, below the 50-day MA of 35.88, and above the 200-day MA of 23.85, indicating a bullish trend. The MACD of 3.39 indicates Negative momentum. The RSI at 63.96 is Neutral, neither overbought nor oversold. The STOCH value of 74.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FRD.
Friedman Industries Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $321.19M | 11.08 | 18.26% | 0.45% | 61.80% | 214.07% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | $313.96M | 26.83 | 54.83% | 19.32% | -84.51% | -87.88% | |
54 Neutral | $138.30M | -31.94 | -5.25% | ― | -34.20% | -59.08% | |
54 Neutral | $91.18M | 44.91 | 3.43% | ― | 38.96% | ― | |
36 Underperform | $13.34M | -5.19 | -3.47% | ― | -12.79% | -406.58% |
* Basic Materials Sector Average
FRD
Friedman Industries
42.54
25.17
144.83%
ACNT
Ascent Industries
15.01
3.31
28.29%
MSB
Mesabi Shs
23.15
-8.33
-26.45%
HUDI
Huadi International Group
0.97
-0.17
-15.00%
HLP
Hongli Group, Inc.
1.19
0.57
91.32%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.