Friedman IndustriesFRA:X36 +2.21%77 EV-to-FCF is 218.64 as of Jul. 08, 2026, which is 9976% above its 10-year median of 2.17. GuruFocus rates FRA:X36 with a GF Score™ of 77/100 and a GF Value™ of €18.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 359 Steel companies, Friedman Industries ranks worse than 96.38% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Friedman Industries's Enterprise Value is €287.9 Mil.
Friedman Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1.3 Mil. Therefore, Friedman Industries's EV-to-FCF for today is 218.64.
The historical rank and industry rank for Friedman Industries's EV-to-FCF or its related term are showing as below:
FRA:X36'
s EV-to-FCF Range Over the Past 10 Years
Min: -329.73 Med: 2.17 Max: 553.12
Current: 237.79
During the past 13 years, the highest EV-to-FCF of Friedman Industries was 553.12. The lowest was -329.73. And the median was 2.17.
FRA:X36's EV-to-FCF is ranked worse than 96.38% of 359
companies
in the Steel industry
Industry Median: 16
vs FRA:X36: 237.79
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Friedman Industries's PE Ratio (TTM) for today is calculated as:
Friedman Industries's share price for today is €27.80.
Friedman Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.380.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Friedman Industries EV-to-FCF Related Terms
Friedman Industries EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Friedman Industries's EV-to-FCF can be seen below:
* 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.
For the Steel subindustry, Friedman Industries's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Friedman Industries's EV-to-FCF falls into.
Friedman Industries's current Enterprise Value is €287.9 Mil.
Friedman Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.3 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 (FRA:X36) has a EV-to-FCF of 218.64 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Friedman Industries and its competitors. This is 9976% above median its historical median of 2.17. According to the industry distribution chart, Friedman Industries ranks #346 out of 359 companies in the Steel industry, placing it in the top 96.4%.
Is Friedman Industries' EV-to-FCF too high?
Friedman Industries' current EV-to-FCF of 218.64 is 9976% above median its 10-year median of 2.17. The Steel industry median EV-to-FCF is 16.00. Friedman Industries' value of 218.64 is 1266.5% above this industry median. Based on the distribution chart, Friedman Industries ranks #346 out of 359 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Friedman Industries has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' EV-to-FCF compare to INHD and MSB?
According to the Steel industry distribution chart, Friedman Industries ranks #346 out of 359 companies for EV-to-FCF. This places Friedman Industries in the lower half of its industry. The industry median EV-to-FCF is 16.00. Friedman Industries' value of 218.64 is 1266.5% above this benchmark. While the company's 10-year median is 2.17 vs. the industry median of 16.00, Friedman Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Steel company?
The median EV-to-FCF among Steel companies is 16.00, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Friedman Industries's current EV-to-FCF of 218.64 is 1266.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Friedman Industries and its competitors. For the Steel industry, the median EV-to-FCF is 16.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friedman Industries's current EV-to-FCF is 218.64, which is 9976% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRA:X36) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.72, compared to a current price of €27.80 — trading 48.5% above its estimated fair value. The current EV-to-FCF is 218.64, which is 9976% above median its 10-year median of 2.17 and 1266.5% above the Steel industry median of 16.00. Friedman Industries' overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Friedman Industries (FRA:X36), the current EV-to-FCF is 218.64 as of Jul. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Friedman Industries (FRA:X36) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of €27.80 is trading 48.5% above its estimated GF Value™ of €18.72.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRA:X36:
EV-to-FCF: 218.64 (9976% above median its 10-year median of 2.17)
GF Value™: €18.72 vs. price of €27.80 (48.5% above fair value)
Industry Position: 1266.5% above the Steel median (#346 of 359)
No single metric tells the full story. See the FRA:X36 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
77GF Score
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