Friedman Industries Net Worth

Friedman Industries Net Worth Breakdown

  FRD
The net worth of Friedman Industries is the difference between its total assets and liabilities. Friedman Industries' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Friedman Industries' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Friedman Industries' net worth can be used as a measure of its financial health and stability which can help investors to decide if Friedman Industries is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Friedman Industries stock.

Friedman Industries Net Worth Analysis

Friedman Industries' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Friedman Industries' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Friedman Industries' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Friedman Industries' net worth analysis. One common approach is to calculate Friedman Industries' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Friedman Industries' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Friedman Industries' net worth. This approach calculates the present value of Friedman Industries' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Friedman Industries' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Friedman Industries' net worth. This involves comparing Friedman Industries' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Friedman Industries' net worth relative to its peers.

Enterprise Value

162.26 Million

To determine if Friedman Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Friedman Industries' net worth research are outlined below:
Friedman Industries had very high historical volatility over the last 90 days
Friedman Industries has a poor financial position based on the latest SEC disclosures
Latest headline from thelincolnianonline.com: Nucor Co. Shares Sold by Rovin Capital UT ADV
Friedman Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Friedman Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Friedman Industries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
8th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Follow Friedman Industries' market capitalization trends

The company currently falls under 'Micro-Cap' category with a total capitalization of 97.31 M.

Market Cap

124.23 Million

Project Friedman Industries' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.09  0.08 
Return On Capital Employed 0.13  0.18 
Return On Assets 0.09  0.08 
Return On Equity 0.16  0.11 
The company has Net Profit Margin of 0.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.22 %, which entails that for every 100 dollars of revenue, it generated $0.22 of operating income.
When accessing Friedman Industries' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Friedman Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Friedman Industries' profitability and make more informed investment decisions.
Please note, the presentation of Friedman Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Friedman Industries' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Friedman Industries' management manipulating its earnings.

Evaluate Friedman Industries' management efficiency

Friedman Industries has Return on Asset of 0.0325 % which means that on every $100 spent on assets, it made $0.0325 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0629 %, implying that it generated $0.0629 on every 100 dollars invested. Friedman Industries' management efficiency ratios could be used to measure how well Friedman Industries manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.18, whereas Return On Tangible Assets are forecasted to decline to 0.08. At present, Friedman Industries' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 758 K, whereas Net Tangible Assets are forecasted to decline to about 77.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 15.97  16.77 
Tangible Book Value Per Share 15.97  16.77 
Enterprise Value Over EBITDA 6.70  5.85 
Price Book Value Ratio 1.19  1.03 
Enterprise Value Multiple 6.70  5.85 
Price Fair Value 1.19  1.03 
Enterprise Value154.5 M162.3 M
The strategic initiatives led by Friedman Industries' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue
0.2917
Revenue
469.5 M
Quarterly Revenue Growth
1.802
Revenue Per Share
66.665
Return On Equity
0.0629
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Friedman Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Friedman Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Friedman Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Taylor Mike J over two weeks ago
Acquisition by Taylor Mike J of 520 shares of Friedman Industries at 14.5 subject to Rule 16b-3
 
Taylor Mike J over two weeks ago
Acquisition by Taylor Mike J of 1980 shares of Friedman Industries at 14.5 subject to Rule 16b-3
 
Joe Williams over three weeks ago
Acquisition by Joe Williams of 671 shares of Friedman Industries subject to Rule 16b-3
 
Stevenson Tim Scott over three weeks ago
Acquisition by Stevenson Tim Scott of 671 shares of Friedman Industries subject to Rule 16b-3
 
Taylor Sharon L over two months ago
Acquisition by Taylor Sharon L of 700 shares of Friedman Industries at 13.85 subject to Rule 16b-3
 
Taylor Mike J over two months ago
Acquisition by Taylor Mike J of 4000 shares of Friedman Industries at 12.86 subject to Rule 16b-3
 
Max Reichenthal over three months ago
Acquisition by Max Reichenthal of 2545 shares of Friedman Industries at 8.7 subject to Rule 16b-3
 
Taylor Mike J over three months ago
Acquisition by Taylor Mike J of 1322 shares of Friedman Industries at 13.95 subject to Rule 16b-3
 
Joel Spira over three months ago
Acquisition by Joel Spira of 1100 shares of Friedman Industries subject to Rule 16b-3
 
Taylor Mike J over three months ago
Acquisition by Taylor Mike J of 1043 shares of Friedman Industries at 14.4 subject to Rule 16b-3
 
Taylor Mike J over three months ago
Acquisition by Taylor Mike J of 569 shares of Friedman Industries at 14.4 subject to Rule 16b-3
 
Taylor Mike J over three months ago
Acquisition by Taylor Mike J of 888 shares of Friedman Industries at 14.4 subject to Rule 16b-3

Friedman Industries Corporate Filings

10K
23rd of January 2025
An amendment to a previously filed Form 10-K
ViewVerify
F4
17th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
13th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
12th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
Friedman Industries time-series forecasting models is one of many Friedman Industries' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Friedman Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Friedman Industries Earnings per Share Projection vs Actual

Friedman Industries Corporate Directors

Kimberly ThomasDirector ResourcesProfile
Joel SpiraIndependent DirectorProfile
Max ReichenthalIndependent DirectorProfile
Durga AgrawalIndependent DirectorProfile
When determining whether Friedman Industries is a strong investment it is important to analyze Friedman Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Friedman Industries' future performance. For an informed investment choice regarding Friedman Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Friedman Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Friedman Industries. If investors know Friedman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Friedman Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
0.14
Earnings Share
1.14
Revenue Per Share
66.665
Quarterly Revenue Growth
1.802
The market value of Friedman Industries is measured differently than its book value, which is the value of Friedman that is recorded on the company's balance sheet. Investors also form their own opinion of Friedman Industries' value that differs from its market value or its book value, called intrinsic value, which is Friedman Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Friedman Industries' market value can be influenced by many factors that don't directly affect Friedman Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Friedman Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Friedman Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Friedman Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.