Friedman Industries, Incorporated
FRDBasic MaterialsNASDAQSteel
Scan Results
Daily timeframeFriedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. With a market capitalization of $326.0M, it sits in small-cap territory. The company operates in two segments, Flat-Roll Products and Tubular Products.
Market Cap
$326.0M
Beta
1.62
P/E (TTM)
11.77
P/E (Fwd)
—
EPS (TTM)
$3.84
EPS (Fwd)
—
ROE
18.1%
ROA
8.6%
Cash
$5.0M
Total Debt
$101.3M
Free CF
-$51.4M
52W Change
109.6%
Annual Financials
Cash vs Debt
Where FRD stands vs its 150-day and 200-day moving averages
As of the August 26, 2026 close, FRD finished 71.35% above its 150-day moving average ($25.65) and 81.01% above its 200-day moving average ($24.28). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FRD overbought or oversold?
At the August 26, 2026 close, FRD's RSI(14) was 65.1, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Friedman Industries, Incorporated carries $101.3M in total debt against $5.0M in cash reserves — debt is roughly 20.2x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$51.4M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 18.1% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 8.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $285.2M to $646.9M.
With a beta above 1.5, FRD tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Friedman Industries, Incorporated's trajectory.