Friedman Industries vs Insteel Industries
FRD and IIIN side by side, both in steel works, blast furnaces, and rolling and finishing mills. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How FRD and IIIN compare
Insteel Industries is the larger company, worth 2.0 times as much as Friedman Industries ($541M against $276M).
On earnings, Friedman Industries is cheaper: it trades at 6.7× trailing earnings, against 18.5× for Insteel Industries.
Friedman Industries grew revenue faster over the last twelve months (73.7% versus 14.2% for Insteel Industries).
Friedman Industries keeps more of each dollar of sales as profit, with a net margin of 4.6% compared with 4.0% at Insteel Industries.
Both pay dividends: Friedman Industries yields 0.42% and Insteel Industries 4.0%.
Friedman Industries scores higher on the StockData Score (22 against 13 for Insteel Industries), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | FRD | IIIN |
|---|---|---|
| Size and price | ||
| Market cap | $276M | $541M |
| Share price | $38.31 | $27.95 |
| Change, 1 year | 74.5% | −11.8% |
| Change, 5 years | 190% | −37.5% |
| Beta (5Y) | 1.29 | 0.86 |
| Employees | 381 | 983 |
| StockData Score | ||
| Total score | 22 (better) | 13 |
| Valuation score | 6 (better) | 1 |
| Growth score | 3 (better) | 1 |
| Performance score | 5 (better) | 1 |
| Health score | 5 | 6 (better) |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 6.7× (better) | 18.5× |
| P/S | 0.3× (better) | 0.7× |
| P/B | 1.5× | 1.4× (better) |
| EV/EBITDA | 3.5× (better) | 9.0× |
| P/FCF | – | 21.8× |
| FCF yield | −1.00% | 4.6% (better) |
| Fair value | $84.10 | $26.49 |
| Margin of safety | 54.4% (better) | −5.5% |
| Growth | ||
| Revenue growth (TTM) | 73.7% (better) | 14.2% |
| Revenue growth, 5Y average | 38.7% (better) | 4.6% |
| Net income growth (TTM) | 255% (better) | −28.0% |
| EPS growth (TTM) | 250% (better) | −28.1% |
| EPS growth, 5Y average | 11.1% (better) | −15.0% |
| Profitability | ||
| Gross margin | 8.3% | 10.2% (better) |
| Operating margin | 8.3% | – |
| Net margin | 4.6% (better) | 4.0% |
| FCF margin | −0.31% | 3.4% (better) |
| Return on equity | 25.5% (better) | 7.9% |
| Return on invested capital | 34.7% | – |
| Financial health | ||
| Debt / equity | 0.02 (better) | 0.00 |
| Net debt / EBITDA | −0.03 | – |
| Interest coverage | 14.1× | – |
| Current ratio | 2.68 | 3.72 (better) |
| Altman Z-score | 4.41 | 6.06 (better) |
| Piotroski F-score | 5 | 6 (better) |
| Dividends and buybacks | ||
| Dividend yield | 0.42% | 4.0% (better) |
| Payout ratio | 2.8% | 73.5% |
| Years of dividend growth | 0 | 0 |
| Dividend growth, 5Y average | – | −7.1% |
| Buyback yield | 0.03% | 0.58% (better) |
| Shareholder yield | 0.45% | 4.6% (better) |
| Ownership | ||
| Held by institutions | 53.4% | 85.2% |
| Held by insiders | 6.9% | 5.2% |
| Insider net buying, 12 months | $73.9K (better) | −$113K |
| Short interest, % of float | 2.6% | 3.9% |
Go deeper
- FRD stock overview
- FRD income statement
- FRD valuation and score
- IIIN stock overview
- IIIN income statement
- IIIN valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.