Friedman Industries, Incorporated
FRDBasic MaterialsNASDAQSteel · Last scanned Oct 24, 2026
Scan Results
Daily timeframeFriedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. The $301.7M market capitalization puts FRD squarely in small-cap range for its industry. The company operates in two segments, Flat-Roll Products and Tubular Products.
Market Cap
$301.7M
Beta
1.65
P/E (TTM)
10.59
P/E (Fwd)
—
EPS (TTM)
$3.95
EPS (Fwd)
—
ROE
18.1%
ROA
8.6%
Cash
$5.0M
Total Debt
$101.3M
Free CF
-$51.4M
52W Change
96.9%
Annual Financials
Cash vs Debt
Where FRD stands vs its 150-day and 200-day moving averages
As of the October 14, 2026 close, FRD finished 39.14% above its 150-day moving average ($30.84) and 53.36% above its 200-day moving average ($27.98). 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 October 14, 2026 close, FRD's RSI(14) was 70.6, in overbought territory (above 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $5.0M in cash, though total debt stands at $101.3M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$51.4M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. 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.
A beta of 1.65 means FRD is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Friedman Industries, Incorporated and its sector.