Friedman Industries (Friedman Industries) EV-to-EBIT : 6.50 (As of Apr. 27, 2024)

Friedman Industries EV-to-EBIT Chart

Friedman Industries Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
EV-to-EBIT		Get a 7-Day Free Trial					6.12	-2.08	3.24	4.11	3.74

Friedman Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial															9.73	3.74	4.93	5.45	5.48

Competitive Comparison of Friedman Industries's EV-to-EBIT

For the Steel subindustry, Friedman Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Friedman Industries's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Friedman Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Friedman Industries's EV-to-EBIT falls into.

Friedman Industries EV-to-EBIT Calculation

Friedman Industries's EV-to-EBIT for today is calculated as:

Friedman Industries's current Enterprise Value is $178.9 Mil.
Friedman Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $27.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Friedman Industries  (AMEX:FRD) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Friedman Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Friedman Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $150.9 Mil.
Friedman Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $27.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Friedman Industries EV-to-EBIT Related Terms

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Friedman Industries (Friedman Industries) Business Description