FRIEDMAN INDUSTRIES is engaged in the steel processing and distribution business. Friedman has two product groups: coil processing and tubular products. Co. purchases domestic and foreign hot-rolled steel coils, processes the coils into steel sheet and plate and sells these products on a wholesale, rapid- delivery basis in competition with steel mills, importers and steel service centers. Co. also processes customer-owned coils on a fee basis.
Producers of metal products including carbon steel, piping, snowplows, structural rebar, sheet metal, and wiring. Most of the products, as evidenced by the name, involve steel and iron components or ingredients. Their products are used in an enormous number of industries including automotive, appliance, construction, and welding. Since they are manufacturers, their revenue derives from the sales of the products they make, but since steel and iron are used in so many areas, their products are in demand in many different fields and locations.
|
| Totals |
Company |
Industry |
| Sales: |
$208.8 Mil |
$146,484.6 Mil |
| Market Cap: |
$65.8 Mil |
$165,993.5 Mil |
| Analysts Recommendation: |
Strong Buy |
Hold |
|
|
| Averages |
Company |
Industry |
 |
| Growth |
| Historic Revenue: |
16.8% |
(17.8%) |
| Estimated Revenue: |
N/A |
59.5% |
| Historic Earnings: |
204.5% |
(8.4%) |
| Estimated Earnings: |
N/A |
90.1% |
| Stock Price (1 Year): |
(4.9%) |
14.3% |
| Cash per Share: |
530.9% |
201.8% |
| Dividend: |
(13.5%) |
67.5% |
| Price |
| Trailing PE: |
9.2 |
40.9 |
| Forward PE: |
.0 |
14.2 |
| Price-to-Sales: |
.3 |
N/A |
| Price-to-Book: |
1.2 |
1.6 |
| Dividend Yield: |
3.3% |
4.3% |
| Market Cap: |
$65.8 Mil |
$3,458.2 Mil |
| Operations |
| Net Margin: |
6.5% |
3.1% |
| Gross Margin: |
12.8% |
14.5% |
| Return on Equity: |
.2 |
.1 |
| Return on Assets: |
.2 |
.1 |
| Balance Sheet |
| Current Ratio: |
12.7 |
5.8 |
| Quick Ratio: |
6.9 |
3.4 |
| Cash Ratio: |
5.0 |
2.1 |
| Debt-to-Equity: |
.1 |
.9 |
| Interest Coverage: |
N/A |
(18.8) |
| Technicals |
| Relative-Strength Index: |
N/A |
N/A |
|
|
|
