Added to YB: 2025-08-14
Pitch date: 2025-08-13
FRD [neutral]
Friedman Industries, Incorporated
+17.6%
current return
Author Info
Buggy Whip Bargains has their heads stuck in 10Ks and 10Qs of 'old world' businesses trading below tangible book value. Opinions expressed here are not recommendations or advice. Do your own research. Sign up for the newsletter.
Company Info
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States.
Market Cap
$160.9M
Pitch Price
$17.36
Price Target
N/A
Dividend
0.71%
EV/EBITDA
14.66
P/E
13.88
EV/Sales
0.49
Sector
Metals and Mining
Category
growth
The Deep Value Week – 2025/32 - Friedman Industries (FRD) – Strong Q1 2025 Earnings on Higher Sales Volumes
FRD (earnings update): Q1 FY26 sales +18% YoY to $134.8m on 12% volume increase; EPS +92% to $0.71 from $0.37. Flat-roll segment: $124.1m sales, $8.8m op profit. Tubular: $10.7m sales, $1.3m op profit (vs prior loss). Strong $15.5m OCF reduced debt by $14.7m. Q2 outlook: higher volumes but lower margins due to softer HRC prices.
Read full article (1 min)