Financials Friedman Industries, Incorporated

Equities

FRD

US3584351056

Iron & Steel

Market Closed - Nyse 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
19.46 USD +0.36% Intraday chart for Friedman Industries, Incorporated +3.68% +25.87%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 41.15 53.76 30.87 55.87 60.4 83.64
Enterprise Value (EV) 1 37.09 42.1 14.33 49.74 76.62 115.2
P/E ratio 15.1 x 10.5 x -5.88 x 4.98 x 4.32 x 3.9 x
Yield 0.85% 2.48% 2.27% 0.99% 0.91% 0.71%
Capitalization / Revenue 0.34 x 0.29 x 0.22 x 0.44 x 0.21 x 0.15 x
EV / Revenue 0.31 x 0.22 x 0.1 x 0.39 x 0.27 x 0.21 x
EV / EBITDA 6.84 x 4.45 x -14.5 x 2.97 x 2.57 x 4.64 x
EV / FCF 68.6 x 5.61 x 2.01 x 14.1 x -8.66 x -3.31 x
FCF Yield 1.46% 17.8% 49.7% 7.07% -11.5% -30.2%
Price to Book 0.65 x 0.74 x 0.47 x 0.85 x 0.76 x 0.72 x
Nbr of stocks (in thousands) 7,009 7,009 6,999 6,906 6,856 7,376
Reference price 2 5.870 7.670 4.410 8.090 8.810 11.34
Announcement Date 6/28/18 7/1/19 6/30/20 7/7/21 8/2/22 7/14/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 121.2 187.2 142.1 126.1 285.2 547.5
EBITDA 1 5.427 9.465 -0.9893 16.76 29.84 24.8
EBIT 1 4.07 8.125 -2.514 15.75 28.52 22.27
Operating Margin 3.36% 4.34% -1.77% 12.49% 10% 4.07%
Earnings before Tax (EBT) 1 4.067 6.824 -6.838 15.22 18.33 28.19
Net income 1 2.759 5.1 -5.249 11.42 14.07 21.34
Net margin 2.28% 2.72% -3.69% 9.06% 4.93% 3.9%
EPS 2 0.3900 0.7275 -0.7500 1.626 2.040 2.910
Free Cash Flow 1 0.5411 7.499 7.116 3.519 -8.842 -34.76
FCF margin 0.45% 4.01% 5.01% 2.79% -3.1% -6.35%
FCF Conversion (EBITDA) 9.97% 79.23% - 20.99% - -
FCF Conversion (Net income) 19.61% 147.04% - 30.8% - -
Dividend per Share 2 0.0500 0.1900 0.1000 0.0800 0.0800 0.0800
Announcement Date 6/28/18 7/1/19 6/30/20 7/7/21 8/2/22 7/14/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 16.2 31.6
Net Cash position 1 4.05 11.7 16.5 6.13 - -
Leverage (Debt/EBITDA) - - - - 0.5435 x 1.272 x
Free Cash Flow 1 0.54 7.5 7.12 3.52 -8.84 -34.8
ROE (net income / shareholders' equity) 4.47% 7.23% -7.53% 17.3% 19.4% 21.9%
ROA (Net income/ Total Assets) 3.7% 6.04% -1.92% 11.4% 14% 7.76%
Assets 1 74.64 84.49 273.8 100 100.3 274.9
Book Value Per Share 2 9.000 10.40 9.460 9.470 11.60 15.70
Cash Flow per Share 2 0.5800 1.670 2.410 1.190 0.3800 0.4100
Capex 1 0.35 0.81 4.94 4.61 8.06 16.5
Capex / Sales 0.29% 0.43% 3.47% 3.66% 2.83% 3.01%
Announcement Date 6/28/18 7/1/19 6/30/20 7/7/21 8/2/22 7/14/23
1USD in Million2USD
Estimates
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