Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt No Debt
FRD's Cash to Debt is ranked higher than
98% of the 522 Companies
in the Global Steel industry.

( Industry Median: 0.38 vs. FRD: No Debt )
FRD' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: No Debt

Equity to Asset 0.90
FRD's Equity to Asset is ranked higher than
98% of the 509 Companies
in the Global Steel industry.

( Industry Median: 0.47 vs. FRD: 0.90 )
FRD' s 10-Year Equity to Asset Range
Min: 0.55   Max: 0.93
Current: 0.9

0.55
0.93
Interest Coverage No Debt
FRD's Interest Coverage is ranked higher than
88% of the 278 Companies
in the Global Steel industry.

( Industry Median: 6.49 vs. FRD: No Debt )
FRD' s 10-Year Interest Coverage Range
Min: 5.77   Max: 9999.99
Current: No Debt

5.77
9999.99
F-Score: 3
Z-Score: 7.87
M-Score: -1.76
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 2.13
FRD's Operating margin (%) is ranked higher than
66% of the 505 Companies
in the Global Steel industry.

( Industry Median: 2.52 vs. FRD: 2.13 )
FRD' s 10-Year Operating margin (%) Range
Min: 1.65   Max: 9.9
Current: 2.13

1.65
9.9
Net-margin (%) 1.47
FRD's Net-margin (%) is ranked higher than
67% of the 506 Companies
in the Global Steel industry.

( Industry Median: 1.52 vs. FRD: 1.47 )
FRD' s 10-Year Net-margin (%) Range
Min: 0.96   Max: 6.55
Current: 1.47

0.96
6.55
ROE (%) 2.71
FRD's ROE (%) is ranked higher than
67% of the 516 Companies
in the Global Steel industry.

( Industry Median: 2.70 vs. FRD: 2.71 )
FRD' s 10-Year ROE (%) Range
Min: 1.16   Max: 24.37
Current: 2.71

1.16
24.37
ROA (%) 2.37
FRD's ROA (%) is ranked higher than
75% of the 520 Companies
in the Global Steel industry.

( Industry Median: 1.36 vs. FRD: 2.37 )
FRD' s 10-Year ROA (%) Range
Min: 1   Max: 22.61
Current: 2.37

1
22.61
ROC (Joel Greenblatt) (%) 5.12
FRD's ROC (Joel Greenblatt) (%) is ranked higher than
69% of the 515 Companies
in the Global Steel industry.

( Industry Median: 4.69 vs. FRD: 5.12 )
FRD' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 2.95   Max: 52.34
Current: 5.12

2.95
52.34
Revenue Growth (%) -4.10
FRD's Revenue Growth (%) is ranked higher than
56% of the 438 Companies
in the Global Steel industry.

( Industry Median: 0.10 vs. FRD: -4.10 )
FRD' s 10-Year Revenue Growth (%) Range
Min: -31.3   Max: 28
Current: -4.1

-31.3
28
EBITDA Growth (%) -32.50
FRD's EBITDA Growth (%) is ranked lower than
52% of the 386 Companies
in the Global Steel industry.

( Industry Median: -6.50 vs. FRD: -32.50 )
FRD' s 10-Year EBITDA Growth (%) Range
Min: -37.1   Max: 63.3
Current: -32.5

-37.1
63.3
EPS Growth (%) -40.70
FRD's EPS Growth (%) is ranked lower than
54% of the 326 Companies
in the Global Steel industry.

( Industry Median: -9.20 vs. FRD: -40.70 )
FRD' s 10-Year EPS Growth (%) Range
Min: -54.2   Max: 108
Current: -40.7

-54.2
108
» FRD's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

FRD Guru Trades in Q3 2013

Jim Simons 427,400 sh (+6.34%)
» More
Q4 2013

FRD Guru Trades in Q4 2013

Jim Simons 461,500 sh (+7.98%)
» More
Q1 2014

FRD Guru Trades in Q1 2014

Jim Simons 447,300 sh (-3.08%)
» More
Q2 2014

FRD Guru Trades in Q2 2014

Jim Simons 453,600 sh (+1.41%)
» More
» Details

Insider Trades

Latest Guru Trades with FRD

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)



No Insider Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Friedman Industries Inc

Recycled Steel Impacts Swinging Sector
With China’s steel sector slowing, it is still the world’s largest steel producer, followed by Japan, and the U.S. coming in third place. World Steel reports that U.S. crude steel production is down 2.9% for the month of August 2013, year over year. China’s steel production for the same month was up 12.8% compared to August 2012. Japan’s production is flat, down by 0.6% over last August. The most-recycled material, steel, is influencing the domestic market with around 66% of U.S. steel now produced from recycled scrap. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 78.20
FRD's P/E(ttm) is ranked higher than
59% of the 555 Companies
in the Global Steel industry.

( Industry Median: 32.80 vs. FRD: 78.20 )
FRD' s 10-Year P/E(ttm) Range
Min: 1.87   Max: 82.15
Current: 78.2

1.87
82.15
P/B 0.90
FRD's P/B is ranked higher than
65% of the 555 Companies
in the Global Steel industry.

( Industry Median: 0.96 vs. FRD: 0.90 )
FRD' s 10-Year P/B Range
Min: 0.47   Max: 2.96
Current: 0.9

0.47
2.96
P/S 0.50
FRD's P/S is ranked higher than
63% of the 555 Companies
in the Global Steel industry.

( Industry Median: 0.50 vs. FRD: 0.50 )
FRD' s 10-Year P/S Range
Min: 0.12   Max: 0.66
Current: 0.5

0.12
0.66
EV-to-EBIT 33.81
FRD's EV-to-EBIT is ranked higher than
66% of the 555 Companies
in the Global Steel industry.

( Industry Median: 29.62 vs. FRD: 33.81 )
FRD' s 10-Year EV-to-EBIT Range
Min: 0.5   Max: 39.4
Current: 33.81

0.5
39.4
PEG 15.85
FRD's PEG is ranked higher than
85% of the 555 Companies
in the Global Steel industry.

( Industry Median: 9999.00 vs. FRD: 15.85 )
FRD' s 10-Year PEG Range
Min: 0.1   Max: 21.63
Current: 15.85

0.1
21.63
Shiller P/E 8.90
FRD's Shiller P/E is ranked higher than
93% of the 555 Companies
in the Global Steel industry.

( Industry Median: 9999.00 vs. FRD: 8.90 )
FRD' s 10-Year Shiller P/E Range
Min: 3.75   Max: 36.87
Current: 8.9

3.75
36.87
Current Ratio 9.44
FRD's Current Ratio is ranked higher than
97% of the 446 Companies
in the Global Steel industry.

( Industry Median: 1.50 vs. FRD: 9.44 )
FRD' s 10-Year Current Ratio Range
Min: 2.22   Max: 12.73
Current: 9.44

2.22
12.73
Quick Ratio 3.09
FRD's Quick Ratio is ranked higher than
94% of the 446 Companies
in the Global Steel industry.

( Industry Median: 0.90 vs. FRD: 3.09 )
FRD' s 10-Year Quick Ratio Range
Min: 0.79   Max: 6.94
Current: 3.09

0.79
6.94

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.70
FRD's Dividend Yield is ranked higher than
53% of the 394 Companies
in the Global Steel industry.

( Industry Median: 1.62 vs. FRD: 1.70 )
FRD' s 10-Year Dividend Yield Range
Min: 0.9   Max: 9.49
Current: 1.7

0.9
9.49
Dividend Payout 1.73
FRD's Dividend Payout is ranked higher than
63% of the 555 Companies
in the Global Steel industry.

( Industry Median: 22.36 vs. FRD: 1.73 )
FRD' s 10-Year Dividend Payout Range
Min: 0.05   Max: 1.14
Current: 1.73

0.05
1.14
Dividend growth (3y) 2.70
FRD's Dividend growth (3y) is ranked higher than
84% of the 233 Companies
in the Global Steel industry.

( Industry Median: -12.40 vs. FRD: 2.70 )
FRD' s 10-Year Dividend growth (3y) Range
Min: -33.5   Max: 73.2
Current: 2.7

-33.5
73.2
Yield on cost (5-Year) 6.51
FRD's Yield on cost (5-Year) is ranked higher than
94% of the 406 Companies
in the Global Steel industry.

( Industry Median: 1.63 vs. FRD: 6.51 )
FRD' s 10-Year Yield on cost (5-Year) Range
Min: 3.45   Max: 36.33
Current: 6.51

3.45
36.33

Valuation & Return

vs
industry
vs
history
Price/Net Cash 16.42
FRD's Price/Net Cash is ranked higher than
96% of the 555 Companies
in the Global Steel industry.

( Industry Median: 9999.00 vs. FRD: 16.42 )
FRD' s 10-Year Price/Net Cash Range
Min: 2.27   Max: 29.26
Current: 16.42

2.27
29.26
Price/Net Current Asset Value 1.96
FRD's Price/Net Current Asset Value is ranked higher than
98% of the 555 Companies
in the Global Steel industry.

( Industry Median: 9999.00 vs. FRD: 1.96 )
FRD' s 10-Year Price/Net Current Asset Value Range
Min: 1.29   Max: 16.26
Current: 1.96

1.29
16.26
Price/Tangible Book 0.90
FRD's Price/Tangible Book is ranked higher than
72% of the 555 Companies
in the Global Steel industry.

( Industry Median: 1.13 vs. FRD: 0.90 )
FRD' s 10-Year Price/Tangible Book Range
Min: 0.59   Max: 2.31
Current: 0.9

0.59
2.31
Price/DCF (Projected) 0.70
FRD's Price/DCF (Projected) is ranked higher than
87% of the 555 Companies
in the Global Steel industry.

( Industry Median: 5.75 vs. FRD: 0.70 )
FRD' s 10-Year Price/DCF (Projected) Range
Min: 0.28   Max: 1.34
Current: 0.7

0.28
1.34
Price/Median PS Value 1.34
FRD's Price/Median PS Value is ranked higher than
54% of the 555 Companies
in the Global Steel industry.

( Industry Median: 1.04 vs. FRD: 1.34 )
FRD' s 10-Year Price/Median PS Value Range
Min: 0.43   Max: 1.68
Current: 1.34

0.43
1.68
Price/Peter Lynch Fair Value 14.44
FRD's Price/Peter Lynch Fair Value is ranked higher than
92% of the 555 Companies
in the Global Steel industry.

( Industry Median: 9999.00 vs. FRD: 14.44 )
FRD' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.14   Max: 15.16
Current: 14.44

0.14
15.16
Price/Graham Number 1.70
FRD's Price/Graham Number is ranked higher than
67% of the 555 Companies
in the Global Steel industry.

( Industry Median: 1.79 vs. FRD: 1.70 )
FRD' s 10-Year Price/Graham Number Range
Min: 0.25   Max: 1.79
Current: 1.7

0.25
1.79
Earnings Yield (Greenblatt) 3.00
FRD's Earnings Yield (Greenblatt) is ranked higher than
53% of the 448 Companies
in the Global Steel industry.

( Industry Median: 5.20 vs. FRD: 3.00 )
FRD' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.5   Max: 213.1
Current: 3

2.5
213.1
Forward Rate of Return (Yacktman) 12.48
FRD's Forward Rate of Return (Yacktman) is ranked higher than
88% of the 359 Companies
in the Global Steel industry.

( Industry Median: 2.95 vs. FRD: 12.48 )
FRD' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12.9   Max: 61.7
Current: 12.48

-12.9
61.7

Business Description

Industry: Steel » Steel
Compare:TS, NSSMY, SID, PKX, GGB » details
Friedman Industries was incorporated in 1965. The Company is engaged in the pipe manufacturing, steel coil processing and steel and pipe distribution in the United States. The Company purchases hot-rolled steel coils; processes the coils into flat, finished sheet, and plate; and sells these products on a wholesale basis, as well as processes customer-owned coils on a fee basis. It also manufactures, purchases, processes, and markets tubular products, including line and oil country pipes, as well as pipes for structural and piling purposes. The Company sells its coil products and processing services primarily to steel distributors, and customers fabricating steel products, such as storage tanks, steel buildings, farm machinery and equipment, construction equipment, transportation equipment, conveyors, and other similar products; and tubular products to steel and pipe distributors, and piling contractors through its own sales force.
» More Articles for FRD

Headlines

Articles On GuruFocus.com
Recycled Steel Impacts Swinging Sector Sep 22 2013 
Why Friedman Industries is My New Pick to Click Jul 24 2013 
Friedman Industries: Book Value for Steel Is Too Expensive Dec 10 2012 
The Biggest Ex-Dividend Stocks of Oct. 17 Oct 16 2012 
Value Investor Improvement Tip #1: Settle for Cheap Enough May 17 2012 
Friedman Industries Inc Reports Operating Results (10-Q) Feb 11 2011 
Friedman Industries Inc Reports Operating Results (10-Q) Nov 12 2010 
Guru Stocks Raising Dividends: DIAGEO plc, Verizon Communications Inc., HCC Insurance Holdings Inc., Sep 17 2010 
Five Dividend Machines Raising Distributions: DEO, VZ, HCC, FRD, HRS Sep 07 2010 
7 Dividend Stocks Sending More Cash To Shareholders Sep 06 2010 

More From Other Websites
FRIEDMAN INDUSTRIES INC Financials Aug 22 2014
Friedman Industries, Incorporated Announces First Quarter Results Aug 13 2014
FRIEDMAN INDUSTRIES INC Files SEC form 10-Q, Quarterly Report Aug 13 2014
Friedman Industries: Patience Is A Virtue For This Micro-Cap Jun 20 2014
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2014 Results of... Jun 11 2014
FRIEDMAN INDUSTRIES INC Files SEC form 10-K, Annual Report Jun 11 2014
Friedman Industries, Incorporated Announces Cash Dividend May 30 2014
Friedman Industries, Incorporated Announces Cash Dividend Mar 21 2014
Friedman Industries: A Sound Micro-Cap Tossed Into The Bargain Bin Feb 18 2014
Friedman Industries, Incorporated Announces Third Quarter Results Feb 13 2014
FRIEDMAN INDUSTRIES INC Files SEC form 10-Q, Quarterly Report Feb 13 2014
Friedman Industries, Incorporated Announces Construction of a Pipe-Finishing Facility Jan 23 2014
FRIEDMAN INDUSTRIES INC Files SEC form 8-K, Other Events Jan 23 2014
Friedman lowers quarterly dividend to 2c per share from 8c per share Nov 22 2013
Friedman Industries, Incorporated Announces Cash Dividend Nov 22 2013
Friedman Industries, Incorporated Announces Second Quarter Results Nov 13 2013
FRIEDMAN INDUSTRIES INC Files SEC form 10-Q, Quarterly Report Nov 13 2013
FRIEDMAN INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of... Aug 30 2013
Friedman Industries, Incorporated Announces Cash Dividend Aug 29 2013
FRIEDMAN INDUSTRIES INC Files SEC form 10-Q, Quarterly Report Aug 13 2013

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK