FRIEDMAN INDUSTRIES (FRD) Stock Fundamental Analysis
USA - NASDAQ:FRD - US3584351056 - Common Stock
21.03 USD
-0.21 (-0.99%)
21.03 USD
0 (0%)
Overall FRD gets a fundamental rating of 5 out of 10. We evaluated FRD against 154 industry peers in the Metals & Mining industry. FRD has only an average score on both its financial health and profitability. FRD has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
FRD had positive earnings in the past year.
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
FRD's Return On Assets of 3.86% is fine compared to the rest of the industry. FRD outperforms 72.73% of its industry peers.
FRD has a better Return On Equity (6.16%) than 70.78% of its industry peers.
FRD has a better Return On Invested Capital (4.82%) than 63.64% of its industry peers.
FRD had an Average Return On Invested Capital over the past 3 years of 7.64%. This is below the industry average of 12.58%.
| 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
FRD has a Profit Margin of 1.82%. This is in the better half of the industry: FRD outperforms 64.29% of its industry peers.
In the last couple of years the Profit Margin of FRD has declined.
FRD's Operating Margin of 2.42% is in line compared to the rest of the industry. FRD outperforms 53.90% of its industry peers.
FRD's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 19.23%, FRD perfoms like the industry average, outperforming 58.44% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FRD is destroying value.
Compared to 1 year ago, FRD has about the same amount of shares outstanding.
The number of shares outstanding for FRD has been reduced compared to 5 years ago.
The debt/assets ratio for FRD is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.71 indicates that FRD is not in any danger for bankruptcy at the moment.
FRD has a better Altman-Z score (4.71) than 66.23% 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.
Looking at the Debt to FCF ratio, with a value of 2.66, FRD is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that FRD is not too dependend on debt financing.
FRD has a Debt to Equity ratio of 0.24. This is comparable to the rest of the industry: FRD outperforms 41.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.66 | ||
| Altman-Z | 4.71 |
ROIC/WACC0.53
WACC9.16%
2.3 Liquidity
A Current Ratio of 3.90 indicates that FRD has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.90, FRD is in the better half of the industry, outperforming 70.78% of the companies in the same industry.
A Quick Ratio of 1.35 indicates that FRD should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.35, FRD perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.9 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
The earnings per share for FRD have decreased strongly by -29.54% in the last year.
The earnings per share for FRD have been decreasing by -25.60% on average. This is quite bad
Looking at the last year, FRD shows a decrease in Revenue. The Revenue has decreased by -5.80% in the last year.
FRD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.62% yearly.
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
Based on the Price/Earnings ratio of 17.38, the valuation of FRD can be described as rather expensive.
Based on the Price/Earnings ratio, FRD is valued cheaper than 83.77% of the companies in the same industry.
FRD's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.38 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FRD indicates a somewhat cheap valuation: FRD is cheaper than 67.53% of the companies listed in the same industry.
93.51% of the companies in the same industry are more expensive than FRD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.96 | ||
| EV/EBITDA | 12.42 |
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
FRD has a yearly dividend return of 0.77%, which is pretty low.
Compared to an average industry Dividend Yield of 2.65, FRD pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.77, FRD pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
5.2 History
On average, the dividend of FRD grows each year by 6.07%, which is quite nice.
FRD has been paying a dividend for at least 10 years, so it has 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
FRD pays out 13.22% of its income as dividend. This is a sustainable payout ratio.
DP13.22%
EPS Next 2YN/A
EPS Next 3YN/A
21.03
-0.21 (-0.99%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners59.13%
Inst Owner Change0.36%
Ins Owners5.12%
Ins Owner Change0.61%
Market Cap148.47M
Revenue(TTM)464.83M
Net Income(TTM)8.46M
Analysts0
Price TargetN/A
Short Float %1.41%
Short Ratio3.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
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 | 17.38 | ||
| Fwd PE | N/A | ||
| P/S | 0.32 | ||
| P/FCF | 11.96 | ||
| P/OCF | 8.66 | ||
| P/B | 1.08 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | 12.42 |
EPS(TTM)1.21
EY5.75%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.76
FCFY8.36%
OCF(TTM)2.43
OCFY11.54%
SpS65.84
BVpS19.44
TBVpS19.44
PEG (NY)N/A
PEG (5Y)N/A
Graham Number23.01
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 | 4.71 |
F-Score5
WACC9.16%
ROIC/WACC0.53
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 17.38 and the Price/Book (PB) ratio is 1.08.
How financially healthy is FRIEDMAN INDUSTRIES?
The financial health rating of FRIEDMAN INDUSTRIES (FRD) is 6 / 10.