20.29 USD
+0.43 (+2.17%)
20.75 USD
+0.46 (+2.27%)
We assign a fundamental rating of 5 out of 10 to FRD. FRD was compared to 153 industry peers in the Metals & Mining industry. Both the profitability and the financial health of FRD get a neutral evaluation. Nothing too spectacular is happening here. FRD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FRD was profitable.
In the past year FRD had a positive cash flow from operations.
Each year in the past 5 years FRD has been profitable.
The reported operating cash flow has been mixed in the past 5 years: FRD reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of FRD (3.86%) is better than 71.90% of its industry peers.
FRD has a Return On Equity of 6.16%. This is in the better half of the industry: FRD outperforms 67.32% of its industry peers.
FRD has a better Return On Invested Capital (4.82%) than 62.09% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FRD is significantly below the industry average of 13.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 6.16% | ||
| ROIC | 4.82% |
ROA(3y)6.89%
ROA(5y)8.31%
ROE(3y)12.08%
ROE(5y)14.28%
ROIC(3y)7.64%
ROIC(5y)12.7%
1.3 Margins
Looking at the Profit Margin, with a value of 1.82%, FRD is in the better half of the industry, outperforming 62.09% of the companies in the same industry.
FRD's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 2.42%, FRD perfoms like the industry average, outperforming 53.59% of the companies in the same industry.
In the last couple of years the Operating Margin of FRD has declined.
FRD has a Gross Margin of 19.23%. This is comparable to the rest of the industry: FRD outperforms 56.86% of its industry peers.
FRD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.42% | ||
| PM (TTM) | 1.82% | ||
| GM | 19.23% |
OM growth 3Y-60.32%
OM growth 5YN/A
PM growth 3Y-34.9%
PM growth 5YN/A
GM growth 3Y7.3%
GM growth 5Y57.54%
2. Health
2.1 Basic Checks
FRD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for FRD remains at a similar level compared to 1 year ago.
The number of shares outstanding for FRD has been reduced compared to 5 years ago.
Compared to 1 year ago, FRD has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.65 indicates that FRD is not in any danger for bankruptcy at the moment.
The Altman-Z score of FRD (4.65) is better than 64.05% of its industry peers.
FRD has a debt to FCF ratio of 2.66. This is a good value and a sign of high solvency as FRD would need 2.66 years to pay back of all of its debts.
FRD has a better Debt to FCF ratio (2.66) than 75.82% of its industry peers.
FRD has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
FRD's Debt to Equity ratio of 0.24 is in line compared to the rest of the industry. FRD outperforms 41.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.66 | ||
| Altman-Z | 4.65 |
ROIC/WACC0.51
WACC9.39%
2.3 Liquidity
FRD has a Current Ratio of 3.90. This indicates that FRD is financially healthy and has no problem in meeting its short term obligations.
FRD has a Current ratio of 3.90. This is in the better half of the industry: FRD outperforms 71.90% of its industry peers.
FRD has a Quick Ratio of 1.35. This is a normal value and indicates that FRD is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.35, FRD perfoms like the industry average, outperforming 42.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.9 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
FRD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.54%.
The earnings per share for FRD have been decreasing by -25.60% on average. This is quite bad
The Revenue has decreased by -5.80% in the past year.
The Revenue has been growing by 25.62% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-29.54%
EPS 3Y-25.6%
EPS 5YN/A
EPS Q2Q%92.46%
Revenue 1Y (TTM)-5.8%
Revenue growth 3Y15.95%
Revenue growth 5Y25.62%
Sales Q2Q%17.66%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.77, FRD is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of FRD indicates a rather cheap valuation: FRD is cheaper than 87.58% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. FRD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.77 | ||
| Fwd PE | N/A |
4.2 Price Multiples
FRD's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FRD is cheaper than 69.28% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FRD is valued cheaply inside the industry as 94.77% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.63 | ||
| EV/EBITDA | 11.82 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.81%, FRD is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.72, FRD pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.81, FRD pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
5.2 History
The dividend of FRD is nicely growing with an annual growth rate of 6.07%!
FRD has paid a dividend for at least 10 years, which is a reliable track record.
FRD has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)6.07%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
13.22% of the earnings are spent on dividend by FRD. This is a low number and sustainable payout ratio.
DP13.22%
EPS Next 2YN/A
EPS Next 3YN/A
20.29
+0.43 (+2.17%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners59.13%
Inst Owner Change2.18%
Ins Owners5.12%
Ins Owner Change10.58%
Market Cap144.26M
Revenue(TTM)464.83M
Net Income(TTM)8.46M
Analysts0
Price TargetN/A
Short Float %1.57%
Short Ratio5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend0.16
Dividend Growth(5Y)6.07%
DP13.22%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.77 | ||
| Fwd PE | N/A | ||
| P/S | 0.31 | ||
| P/FCF | 11.63 | ||
| P/OCF | 8.42 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 11.82 |
EPS(TTM)1.21
EY5.96%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.75
FCFY8.6%
OCF(TTM)2.41
OCFY11.88%
SpS65.38
BVpS19.31
TBVpS19.31
PEG (NY)N/A
PEG (5Y)N/A
Graham Number22.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 6.16% | ||
| ROCE | 6.29% | ||
| ROIC | 4.82% | ||
| ROICexc | 4.88% | ||
| ROICexgc | 4.88% | ||
| OM | 2.42% | ||
| PM (TTM) | 1.82% | ||
| GM | 19.23% | ||
| FCFM | 2.67% |
ROA(3y)6.89%
ROA(5y)8.31%
ROE(3y)12.08%
ROE(5y)14.28%
ROIC(3y)7.64%
ROIC(5y)12.7%
ROICexc(3y)7.78%
ROICexc(5y)13.42%
ROICexgc(3y)7.78%
ROICexgc(5y)13.42%
ROCE(3y)9.96%
ROCE(5y)16.55%
ROICexgc growth 3Y-63.03%
ROICexgc growth 5YN/A
ROICexc growth 3Y-63.03%
ROICexc growth 5YN/A
OM growth 3Y-60.32%
OM growth 5YN/A
PM growth 3Y-34.9%
PM growth 5YN/A
GM growth 3Y7.3%
GM growth 5Y57.54%
F-Score5
Asset Turnover2.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.66 | ||
| Debt/EBITDA | 2.27 | ||
| Cap/Depr | 141.46% | ||
| Cap/Sales | 1.02% | ||
| Interest Coverage | 3.74 | ||
| Cash Conversion | 117.63% | ||
| Profit Quality | 146.7% | ||
| Current Ratio | 3.9 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | 4.65 |
F-Score5
WACC9.39%
ROIC/WACC0.51
Cap/Depr(3y)320.15%
Cap/Depr(5y)405.5%
Cap/Sales(3y)1.68%
Cap/Sales(5y)2.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.54%
EPS 3Y-25.6%
EPS 5YN/A
EPS Q2Q%92.46%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.8%
Revenue growth 3Y15.95%
Revenue growth 5Y25.62%
Sales Q2Q%17.66%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-15.64%
EBIT growth 3Y-53.99%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-81.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-78.75%
OCF growth 3YN/A
OCF growth 5YN/A
FRIEDMAN INDUSTRIES / FRD FAQ
What is the fundamental rating for FRD stock?
ChartMill assigns a fundamental rating of 5 / 10 to FRD.
Can you provide the valuation status for FRIEDMAN INDUSTRIES?
ChartMill assigns a valuation rating of 4 / 10 to FRIEDMAN INDUSTRIES (FRD). This can be considered as Fairly Valued.
How profitable is FRIEDMAN INDUSTRIES (FRD) stock?
FRIEDMAN INDUSTRIES (FRD) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for FRD stock?
The Price/Earnings (PE) ratio for FRIEDMAN INDUSTRIES (FRD) is 16.77 and the Price/Book (PB) ratio is 1.05.
How financially healthy is FRIEDMAN INDUSTRIES?
The financial health rating of FRIEDMAN INDUSTRIES (FRD) is 6 / 10.