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FRIEDMAN INDUSTRIES INC FRD

Nasdaq · stock · Steel Works, Blast Furnaces & Rolling & Finishing Mills · website · IPO 1972-03-15 · LEI

FRIEDMAN INDUSTRIES INC statistics & valuation

Market cap$244.7M
P / E40.2×
P / S0.6×
P / B1.8×
Net margin1.4%
FCF margin-1.9%
Return on capital1.6%
Graham number -57%$19.32

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($19.32); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-3.40% 3.20% 2.70% -3.70% 9.10% 4.90% 3.90% 3.40% 1.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
-5.40% 4.70% 3.40% -4.80% 12.50% 10.00% 3.80% 4.70% 0.70% 2016201720182019202020212022202320242025
Return on equity (%)
0.50% -4.40% 5.40% 7.00% -7.90% 17.50% 17.70% 18.50% 13.60% 4.60% 2016201720182019202020212022202320242025
Shares outstanding
6.8M 6.9M 7.0M 7.0M 7.0M 6.7M 6.6M 7.2M 7.2M 6.9M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
0.40% -4.20% 4.50% 5.90% -6.80% 12.00% 8.80% 10.70% 7.50% 2.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-1.30% 2.40% 4.70% 4.40% 3.00% -7.50% 8.70% -0.20% -1.90% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$0.04 -$0.39 $0.56 $0.73 -$0.75 $1.63 $2.04 $2.91 $2.39 $0.87 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FRIEDMAN INDUSTRIES INC trades at about 51.7× earnings — above its 10-year norm (10-year range 3.8×–154.8×, median 11×).

3.8× 154.8×

Shaded band = 10-year range (3.8×–154.8×); dot = today's 51.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin0.7%4.7%3.8%10.0%12.5%-4.8%3.4%4.7%-5.4%
Net margin1.4%3.4%3.9%4.9%9.1%-3.7%2.7%3.2%-3.4%
FCF margin-1.9%-0.2%8.7%-7.5%3.0%4.4%4.7%2.4%-1.3%
Return on assets2.7%7.5%10.7%8.8%12.0%-6.8%5.9%4.5%-4.2%0.4%
Return on equity4.6%13.6%18.5%17.7%17.5%-7.9%7.0%5.4%-4.4%0.5%
Current ratio4.343.143.192.062.676.766.026.0219.2817.34

Computed from company filings · US · as of 2025-03-31. Facts plus Stocktoria's own computed scores — not investment advice.