Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Friedman Industries's share price for the quarter that ended in Mar. 2026 was $17.72. Friedman Industries's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 7.1 Mil. Therefore, Friedman Industries's market cap for the quarter that ended in Mar. 2026 was $126.0 Mil.
Friedman Industries's quarterly market cap
declined
from Sep. 2025 ($154.6 Mil) to Dec. 2025 ($145.7 Mil) and
declined
from Dec. 2025 ($145.7 Mil) to Mar. 2026 ($126.0 Mil).
Friedman Industries's annual market cap
declined
from Mar. 2024 ($130.7 Mil) to Mar. 2025 ($103.8 Mil) but then
increased
from Mar. 2025 ($103.8 Mil) to Mar. 2026 ($126.0 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Friedman Industries's Enterprise Value for Today is $337.5 Mil.
Friedman Industries (NAS:FRD) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Friedman Industries Market Cap Related Terms
Friedman Industries Market Cap Historical Data
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The historical data trend for Friedman Industries's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Friedman Industries's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Friedman Industries's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (FRD) has a Market Cap of $239.8 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Friedman Industries and its competitors. According to the industry distribution chart, Friedman Industries ranks #238 out of 644 companies in the Steel industry, placing it in the top 37%.
Is Friedman Industries' Market Cap too high?
Friedman Industries' current Market Cap is $239.8 Mil. The Steel industry median Market Cap is 100.40. Friedman Industries' value of $239.8 Mil is 138.8% above this industry median. Based on the distribution chart, Friedman Industries ranks #238 out of 644 companies in the Steel industry, which is above the industry midpoint. Overall, Friedman Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Market Cap compare to LUD and ZKIN?
According to the Steel industry distribution chart, Friedman Industries ranks #238 out of 644 companies for Market Cap. This puts Friedman Industries in the upper half of its industry. The industry median Market Cap is 100.40. Friedman Industries' value of $239.8 Mil is 138.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Steel company?
The median Market Cap among Steel companies is 100.40, based on 644 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Friedman Industries's current Market Cap of $239.8 Mil is 138.8% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Friedman Industries and its competitors. For the Steel industry, the median Market Cap is 100.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friedman Industries's current Market Cap is $239.8 Mil. 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 (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.21, compared to a current price of $33.74 — trading 51.9% above its estimated fair value. The current Market Cap is $239.8 Mil and 138.8% above the Steel industry median of 100.40. Friedman Industries' overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Friedman Industries (FRD), the current Market Cap is $239.8 Mil as of Jun. 25, 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 (FRD) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of $33.74 is trading 51.9% above its estimated GF Value™ of $22.21.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
Market Cap: $239.8 Mil
GF Value™: $22.21 vs. price of $33.74 (51.9% above fair value)
Industry Position: 138.8% above the Steel median (#238 of 644)
No single metric tells the full story. See the FRD 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.
71GF Score
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