Friedman IndustriesFRD +0.53%72 5-Year Yield-on-Cost % is 1.04 as of Jul. 12, 2026, which is 40% below its 10-year median of 1.72. GuruFocus rates FRD with a GF Score™ of 72/100 and a GF Value™ of $22.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 318 Steel companies, Friedman Industries ranks worse than 78.3% on this metric.
Friedman Industries's yield on cost for the quarter that ended in Mar. 2026 was 1.04.
The historical rank and industry rank for Friedman Industries's 5-Year Yield-on-Cost % or its related term are showing as below:
FRD'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.91 Med: 1.72 Max: 8.93
Current: 1.04
During the past 13 years, Friedman Industries's highest Yield on Cost was 8.93. The lowest was 0.91. And the median was 1.72.
FRD's 5-Year Yield-on-Cost % is ranked worse than 78.3% of 318
companies
in the Steel industry
Industry Median: 3.34
vs FRD: 1.04
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Friedman Industries 5-Year Yield-on-Cost % Related Terms
FRD vs INHD, MSB, LUD: 5-Year Yield-on-Cost % Comparison
For the Steel subindustry, Friedman Industries's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Friedman Industries's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Friedman Industries (FRD) has a 5-Year Yield-on-Cost % of 1.04 as of Jul. 12, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Friedman Industries and its competitors. This is 40% below median its historical median of 1.72. Over the past decade, Friedman Industries' 5-Year Yield-on-Cost % has ranged from 0.91 to 8.93. According to the industry distribution chart, Friedman Industries ranks #249 out of 318 companies in the Steel industry, placing it in the top 78.3%.
Is Friedman Industries' 5-Year Yield-on-Cost % too high?
Friedman Industries' current 5-Year Yield-on-Cost % of 1.04 is 40% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 8.93. The Steel industry median 5-Year Yield-on-Cost % is 3.34. Friedman Industries' value of 1.04 is 68.9% below this industry median. Based on the distribution chart, Friedman Industries ranks #249 out of 318 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Friedman Industries has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' 5-Year Yield-on-Cost % compare to INHD and MSB?
According to the Steel industry distribution chart, Friedman Industries ranks #249 out of 318 companies for 5-Year Yield-on-Cost %. This places Friedman Industries in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 3.34. Friedman Industries' value of 1.04 is 68.9% below this benchmark. Historically, Friedman Industries' own 5-Year Yield-on-Cost % has ranged from 0.91 to 8.93 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 3.34, Friedman Industries has consistently been below 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 5-Year Yield-on-Cost % for a Steel company?
The median 5-Year Yield-on-Cost % among Steel companies is 3.34, based on 318 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Friedman Industries's current 5-Year Yield-on-Cost % of 1.04 is 68.9% below 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Friedman Industries and its competitors. For the Steel industry, the median 5-Year Yield-on-Cost % is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friedman Industries's current 5-Year Yield-on-Cost % is 1.04, which is 40% below median its own 10-year median of 1.72. 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 $22.28, compared to a current price of $34.26 — trading 53.8% above its estimated fair value. The current 5-Year Yield-on-Cost % is 1.04, which is 40% below median its 10-year median of 1.72 and 68.9% below the Steel industry median of 3.34. Friedman Industries' overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Friedman Industries (FRD), the current 5-Year Yield-on-Cost % is 1.04 as of Jul. 12, 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 $34.26 is trading 53.8% above its estimated GF Value™ of $22.28.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
5-Year Yield-on-Cost %: 1.04 (40% below median its 10-year median of 1.72)
GF Value™: $22.28 vs. price of $34.26 (53.8% above fair value)
Industry Position: 68.9% below the Steel median (#249 of 318)
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.
72GF Score
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