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Friedman Industries Inc (FRD)

Steel Works, Blast Furnaces & Rolling & Finishing Mills

Latest Price
$43.17
TTM P/E
--
Normalized P/E
29.98
TTM Div Yield
--
Fwd Div Yield
--
Book Value
23.51
P/B Ratio
1.84

Valuation metrics

adjust assumptions →
EPS: $0.87
Book value / share: $19.00
Formula: √(22.5 × EPS × BVPS)
Graham Number
$19.28
54% downside
Norm. op. income: $18M (median of 6yr)
Tax rate: 24%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$20.52
51% downside
Base FCF: $26M (median of recent 5yr)
Growth: -15%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$16.19
62% downside
EPS: $0.87
Target P/E: 30×
Formula: EPS × P/E
P/E Fair Value
$26.10
38% downside

Institutional Ownership

51.6% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
Dimensional Fund Advisors LP543.6K$17.0M7.54%+1.9K2026-06-30
De Lisle Partners LLP404.8K$12.0M5.61%-15.0K2026-06-30
BlackRock, Inc.394.9K$12.0M5.47%+66.4K2026-06-30
Gendell Jeffrey L354.6K$11.0M4.92%--2026-06-30
Vanguard Capital Management LLC305.7K$9.0M4.24%+17.2K2026-06-30
Renaissance Technologies LLC297.9K$9.0M4.13%-33.4K2026-06-30
Geode Capital Management, LLC172.8K$5.0M2.40%+13.3K2026-06-30
Truffle Hound Capital, LLC116.6K$3.0M1.62%-33.4K2026-06-30
State Street Corp97.5K$3.0M1.35%+14.2K2026-06-30
Morgan Stanley91.3K$2.0M1.27%-5.5K2026-06-30
View all institutional holders →