FRD Stock Financial Analysis - Friedman Industries, Incorporated (NasdaqGS) Stock

Overview

Friedman Industries, Incorporated is a United States-based company engaged primarily in the steel processing industry. Founded in 1965 and headquartered in Longview, Texas, the company operates various divisions that enhance its core capacities in steel manufacturing and processing. Friedman Industries primarily focuses on the production and sale of hot-rolled steel coils, processed from purchased steel. They are known for their coil products, which are available in varying widths and thicknesses tailored for use in industries such as automotive, appliance, tank manufacturing, and pipe and tubing fabrication. Additionally, the company also takes on coil processing for other steel makers, capitalizing on their strategic position in this versatile market to expand their revenue streams and operational capacities. This blend of manufacturing and service provision underlines Friedman Industries as a versatile entity in the North American steel sector.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Friedman Industries, Incorporated as of June 30, 2025 is 464.83 MM.
The operating income for Friedman Industries, Incorporated as of June 30, 2025 is 11.23 MM.
The net income for Friedman Industries, Incorporated as of June 30, 2025 is 8.55 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	464.83	11.23	8.55
2025-03-31	444.60	2.79	6.08
2024-12-31	447.62	3.97	5.70
2024-09-30	469.51	11.71	8.03
2024-06-30	493.50	12.76	12.22
2024-03-31	516.25	24.52	17.34
2023-12-31	508.20	24.84	18.70
2023-09-30	504.09	21.30	18.89
2023-06-30	523.04	19.51	17.85
2023-03-31	547.54	22.27	21.34
2022-12-31	498.45	10.75	7.57
2022-09-30	438.24	2.53	3.23
2022-06-30	381.12	27.66	13.94
2022-03-31	285.24	28.52	14.07
2021-12-31	259.36	47.21	31.93
2021-09-30	236.20	55.58	37.02
2021-06-30	168.49	30.86	23.60
2021-03-31	126.10	15.75	11.42
2020-12-31	109.87	1.73	-2.00
2020-09-30	109.52	-2.19	-5.01

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31	0.87	0.87
2024-12-31	0.81	0.81
2024-09-30	1.14	1.14
2024-06-30	1.71	1.71
2024-03-31	2.39	2.39
2023-12-31	2.54	2.54
2023-09-30	2.56	2.56
2023-06-30	2.42	2.42
2023-03-31	2.91	2.91
2022-12-31	1.10	1.10
2022-09-30	0.52	0.52
2022-06-30	2.03	2.03
2022-03-31	2.04	2.04
2021-12-31	4.80	4.80
2021-09-30	5.48	5.49
2021-06-30	3.43	3.43
2021-03-31	1.63	1.63
2020-12-31	-0.28	-0.29
2020-09-30	-0.71	-0.72

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Friedman Industries, Incorporated as of June 30, 2025 is 17.14 MM.
The cash from investing activities for Friedman Industries, Incorporated as of June 30, 2025 is -4.16 MM.
The cash from financing activities for Friedman Industries, Incorporated as of June 30, 2025 is -14.25 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	17.14	-4.16	-14.25
2025-03-31	-4.41	-3.43	6.09
2024-12-31	11.38	-4.27	-14.68
2024-09-30	29.94	-5.82	-24.74
2024-06-30	3.50	-6.41	0.69
2024-03-31	4.98	-5.80	1.34
2023-12-31	20.81	-12.96	-4.46
2023-09-30	-10.99	-12.16	17.44
2023-06-30	80.66	-14.10	-63.92
2023-03-31	63.89	-88.19	13.56
2022-12-31	53.64	-80.73	27.84
2022-09-30	65.84	-84.09	20.01
2022-06-30	-36.86	-79.69	90.03
2022-03-31	-13.40	-7.92	17.25
2021-12-31	-19.35	-7.55	13.85
2021-09-30	-19.88	-4.40	12.60
2021-06-30	12.60	-5.97	8.47
2021-03-31	8.43	-4.59	-0.70
2020-12-31	1.44	-5.96	-0.12
2020-09-30	5.88	-7.09	0.62

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/book for Friedman Industries, Incorporated as of June 30, 2025 is 0.87.
The p/tbv for Friedman Industries, Incorporated as of June 30, 2025 is 0.87.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30		0.87	0.87
2025-03-31		0.83
2024-12-31		0.81	0.81
2024-09-30	8.94	0.84	0.84
2024-06-30	6.32	0.86	0.86
2024-03-31	6.96	1.06
2023-12-31	5.74	0.86
2023-09-30	5.43	0.79	0.79
2023-06-30	9.69	0.68	0.68
2023-03-31	11.26	0.78
2022-12-31		0.67	0.67
2022-09-30		0.66	0.66
2022-06-30		0.60	0.60
2022-03-31	1.91	0.67	0.67
2021-12-31	1.75	0.81	0.81
2021-09-30	3.48	1.31	1.31
2021-06-30
2021-03-31	5.35	0.93	0.93
2020-12-31	-30.92	0.89	0.89
2020-09-30	-12.40	0.95	0.95

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Friedman Industries, Incorporated as of June 30, 2025 is 0.05.
The ebit (3y)/ev for Friedman Industries, Incorporated as of June 30, 2025 is 0.10.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.05	0.10
2025-03-31	0.06	0.15
2024-12-31	0.08	0.11
2024-09-30	0.11	0.10
2024-06-30	0.16	0.16
2024-03-31	0.14	0.15
2023-12-31	0.15	0.16
2023-09-30	0.17	0.18
2023-06-30	0.09	0.17
2023-03-31	0.08	0.12
2022-12-31	0.04	0.15
2022-09-30	0.27	0.29
2022-06-30	0.62	0.32
2022-03-31	0.57	0.23
2021-12-31	0.63	0.18
2021-09-30	0.33	0.08
2021-06-30
2021-03-31	0.28	0.09
2020-12-31	-0.06	0.03
2020-09-30	-0.14	0.01

Management Effectiveness

The roa for Friedman Industries, Incorporated as of June 30, 2025 is 0.03.
The roe for Friedman Industries, Incorporated as of June 30, 2025 is 0.05.
The roic for Friedman Industries, Incorporated as of June 30, 2025 is 0.03.
The croic for Friedman Industries, Incorporated as of June 30, 2025 is -0.01.
The ocroic for Friedman Industries, Incorporated as of June 30, 2025 is -0.02.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.03	0.05	0.03	-0.01	-0.02
2025-03-31	0.02	0.04	0.04	-0.05	0.07
2024-12-31	0.04	0.07	0.05	-0.00	0.18
2024-09-30	0.06	0.10	0.07	-0.01	0.02
2024-06-30	0.09	0.15	0.10	0.00	0.03
2024-03-31	0.09	0.17	0.11	0.02	0.12
2023-12-31	0.09	0.18	0.10	-0.03	-0.06
2023-09-30	0.07	0.17	0.11	0.02	0.48
2023-06-30	0.03	0.17	0.11	0.02	0.48
2023-03-31	0.05	0.09	0.13	-0.07	0.40
2022-12-31	0.02	0.04	0.02	0.01	0.46
2022-09-30	0.10	0.18	0.03	0.01	0.52
2022-06-30	0.21	0.51	0.12	-0.22	-0.31
2022-03-31	0.34	0.49	0.15	-0.04	-0.14
2021-12-31	0.47	0.53	0.30	-0.12	-0.21
2021-09-30	0.32	0.36	0.40	-0.13	0.17
2021-06-30	0.33	0.36	0.32	0.20	0.17
2021-03-31	0.15	0.17	0.17	0.05	0.13
2020-12-31	-0.02	-0.03	-0.03	-0.06	0.02
2020-09-30	-0.06	-0.07	-0.07	-0.01	0.09

Gross Margins

The gross margin for Friedman Industries, Incorporated as of June 30, 2025 is 0.10.
The net margin for Friedman Industries, Incorporated as of June 30, 2025 is 0.01.
The operating margin for Friedman Industries, Incorporated as of June 30, 2025 is 0.01.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.10	0.01	0.01
2025-03-31	0.11	0.01	0.01
2024-12-31	0.12	0.02	0.02
2024-09-30	0.12	0.02	0.03
2024-06-30	0.14	0.03	0.05
2024-03-31	0.09	0.04	0.05
2023-12-31	0.08	0.04	0.04
2023-09-30	0.08	0.03	0.04
2023-06-30	0.05	0.03	0.04
2023-03-31	0.05	0.04	0.04
2022-12-31	0.04	0.01	0.01
2022-09-30	0.14	0.01	0.01
2022-06-30	0.24	0.04	0.07
2022-03-31	0.24	0.05	0.10
2021-12-31	0.29	0.12	0.18
2021-09-30	0.24	0.16	0.24
2021-06-30	0.24	0.14	0.18
2021-03-31	0.19	0.09	0.12
2020-12-31	0.07	-0.02	0.02
2020-09-30	0.03	-0.05	-0.02