XASEFRD
Market cap110mUSD
Dec 23, Last price
15.93USD
1D
-3.28%
1Q
3.44%
Jan 2017
139.19%
Name
Friedman Industries Inc
Chart & Performance
Profile
Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.
IPO date
Mar 15, 1972
Employees
234
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | 2018‑03 | 2017‑03 | 2016‑03 | 2015‑03 | |
Income | ||||||||||
Revenues | 516,251 -5.71% | 547,542 91.96% | 285,235 126.19% | |||||||
Cost of revenue | 488,663 | 550,834 | 244,247 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 27,588 | (3,292) | 40,987 | |||||||
NOPBT Margin | 5.34% | 14.37% | ||||||||
Operating Taxes | 5,969 | 6,845 | 4,264 | |||||||
Tax Rate | 21.64% | 10.40% | ||||||||
NOPAT | 21,619 | (10,137) | 36,723 | |||||||
Net income | 17,345 -18.74% | 21,344 51.74% | 14,066 23.12% | |||||||
Dividends | (581) | (589) | (551) | |||||||
Dividend yield | 0.43% | 0.72% | 0.94% | |||||||
Proceeds from repurchase of equity | (5,151) | (37) | (538) | |||||||
BB yield | 3.83% | 0.05% | 0.92% | |||||||
Debt | ||||||||||
Debt current | 54 | (6,488) | 105 | |||||||
Long-term debt | 45,911 | 34,446 | 18,541 | |||||||
Deferred revenue | 96 | |||||||||
Other long-term liabilities | 105 | 96 | 341 | |||||||
Net debt | 43,074 | 24,966 | 16,048 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 4,979 | 63,894 | (13,398) | |||||||
CAPEX | (5,792) | (16,454) | (8,065) | |||||||
Cash from investing activities | (5,805) | (88,187) | (7,918) | |||||||
Cash from financing activities | 1,337 | 13,557 | 17,245 | |||||||
FCF | (1,552) | (73,975) | 6,154 | |||||||
Balance | ||||||||||
Cash | 2,891 | 2,992 | 2,598 | |||||||
Long term investments | ||||||||||
Excess cash | ||||||||||
Stockholders' equity | 105,157 | 88,205 | 56,985 | |||||||
Invested Capital | 170,709 | 150,074 | 98,569 | |||||||
ROIC | 13.48% | 45.12% | ||||||||
ROCE | 15.68% | 41.58% | ||||||||
EV | ||||||||||
Common stock shares outstanding | 7,184 | 7,216 | 6,624 | |||||||
Price | 18.74 65.26% | 11.34 28.72% | 8.81 8.90% | |||||||
Market cap | 134,623 64.51% | 81,831 40.23% | 58,355 2.64% | |||||||
EV | 177,697 | 106,797 | 74,403 | |||||||
EBITDA | 30,658 | (766) | 42,308 | |||||||
EV/EBITDA | 5.80 | 1.76 | ||||||||
Interest | 3,072 | 2,218 | 255 | |||||||
Interest/NOPBT | 11.14% | 0.62% |