What is Friedman Industries Price-to-Free-Cash-Flow?
As of today (2024-04-25), Friedman Industries's share price is $19.45.
Friedman Industries's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.10. Hence, Friedman Industries's Price-to-Free-Cash-Flow Ratio for today is 17.71.
The historical rank and industry rank for Friedman Industries's Price-to-Free-Cash-Flow or its related term are showing as below:
FRD'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.97 Med: 10.12 Max: 65.18
Current: 17.71
During the past 13 years, Friedman Industries's highest Price-to-Free-Cash-Flow Ratio was 65.18. The lowest was 0.97. And the median was 10.12.
FRD's Price-to-Free-Cash-Flow is ranked worse than 69.02% of 368
companies
in the Steel industry
Industry Median: 9.52
vs FRD: 17.71
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Friedman Industries was -82.30% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 94.00% per year.
During the past 13 years, Friedman Industries's highest 3-Year average Free Cash Flow per Share Growth Rate was 111.50% per year. The lowest was -56.50% per year. And the median was 26.35% per year.
Friedman Industries Price-to-Free-Cash-Flow Historical Data
The historical data trend for Friedman Industries's Price-to-Free-Cash-Flow 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.
Competitive Comparison of Friedman Industries's Price-to-Free-Cash-Flow
For the Steel subindustry, Friedman Industries's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Friedman Industries's Price-to-Free-Cash-Flow falls into.
Friedman Industries's Share Price of today is $19.45.
Friedman Industries's Free Cash Flow per Share 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 $1.10.
* 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.
It can also be calculated from the numbers for the whole company:
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Friedman Industries Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Friedman Industries's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Friedman Industries (Friedman Industries) Business Description
Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.
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