Friedman Industries Inc (FRD)

NASD · Basic Materials · Steel · USA

Friedman Industries Inc is a small cap company (market value between $300 million and $2 billion) in the Steel industry.

Friedman Industries manufactures and processes steel products through flat-roll and tubular segments. The flat-roll segment operates five coil processing facilities across the United States that cut hot-rolled steel into sheet and plate, serving distributors and manufacturers of steel-based products. The tubular segment produces welded pipe for oil and gas and structural applications, sold nationally to steel and pipe distributors.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Friedman Industries Inc stock.

Our verdict on FRD

Undervalued: intrinsic value $85.08 per share, market price $42.16, margin of safety 50.4% (as of 2026-10-30).

Discounting its cash flows at 10.5% (average of 2 methods) values the shares at $85.08; the price of $42.16 is 50% below that value.

Leak Score: 59/100 on 9 of 12 signals (Weak Signal).

ETFs with the most weight in FRD

17 more funds hold it; the full list is part of the paid plan.

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Is FRD undervalued or overvalued?

FRD is undervalued (as of the 2026-10-30 close). Discounting its cash flows at 10.5% (average of 2 methods) values the shares at $85.08; the price of $42.16 is 50% below that value.

What is the intrinsic value of FRD?

$85.08 per share (as of the 2026-10-30 close), against a market price of $42.16. That is a margin of safety of 50.4%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Friedman Industries Inc's Leak Score?

59 out of 100, which we rate "Weak Signal", on 9 of 12 value investing signals.