Stocktoria
FRIEDMAN INDUSTRIES INC FRD
FRIEDMAN INDUSTRIES INC (FRD) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 0.46% (safety: safe). FY2025 revenue was $444.6M at a 1.4% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: 1.39 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.565 |
| Retained earnings / assets | 0.446 |
| EBIT / assets | 0.013 |
| Equity / liabilities | 1.403 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| FRD | FRIEDMAN INDUSTRIES INC | 3/9 | 6.72 | 40.2 | -13.9% |
| IIIN | INSTEEL INDUSTRIES INC | 6/9 | — | 14.5 | +22.4% |
| ROCK | GIBRALTAR INDUSTRIES, INC. | 3/9 | 6.03 | — | +11% |
| WOR | WORTHINGTON ENTERPRISES, INC. | 6/9 | 4.35 | 18.9 | +19.7% |
| WS | Worthington Steel, Inc. | 4/9 | 2.5 | 243 | +11.3% |
| VFS | VinFast Auto Ltd. | 4/9 | -13.01 | — | +57.9% |
| TM | TOYOTA MOTOR CORP/ | 7/9 | 2.55 | — | -1% |
About FRIEDMAN INDUSTRIES INC
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. The company operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. The company serves metals distributors and customers manufacturing products, such as metal buildings, railcars, heavy equipment, tanks and containers, trailers, component parts, and other fabricated metal products. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.
FAQ
Is FRD financially healthy?
FRIEDMAN INDUSTRIES INC's Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does FRD pay a dividend, and is it safe?
Yes. FRIEDMAN INDUSTRIES INC pays a dividend yielding about 0.46% with a 18.3% payout ratio, rated “safe” for safety.
How profitable is FRD?
In FY2025, FRIEDMAN INDUSTRIES INC had a net margin of 1.4% and a return on equity of 4.6%.
Is FRD overvalued or undervalued?
FRIEDMAN INDUSTRIES INC trades at about 51.7× trailing earnings — above its 10-year norm (10-year range 3.8×–154.8×, median 11.0×). Stocktoria reports the data, not buy/sell advice.
Is FRD a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on FRIEDMAN INDUSTRIES INC: a Piotroski F-score of 3/9, an Altman Z″ in the safe zone, a P/E of about 40.2×, a dividend yield of 0.46%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-03-31. Facts plus Stocktoria's own computed scores — not investment advice.