Friedman Industries, Inc.
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Friedman Industries, Inc. - Company Capsule
Reference Code: CN0571CC
Published Date: April 2011
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Friedman Industries, Inc. - Company Capsule Page 1
Friedman Industries, Inc.
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Friedman Industries, Inc. - Company Overview
Friedman Industries, Inc. (Friedman) is engaged in steel processing, pipe manufacturing and processing, and steel and
pipe. The company's product portfolio include storage tanks, steel buildings, farm machinery and equipment, construction
equipment, transportation equipment, conveyors and tubular products primarily to steel and pipe distributors, and piling
contractors, hot-rolled steel coils, and processes the coils into flat, finished sheet and plate, and sells products on a
wholesale processes coils. The company operates through two divisions namely, XSCP division is established to handle
the purchasing and marketing of non-standard hot roll coil steel products; and Texas Tubular products division which
carries a large inventory of steel pipe for the structural steel market. Friedman is headquartered in Texas America.
Financial Performance
The company reported revenues of USD 65.13 million during the fiscal year ended March 2009
Friedman Industries, Inc. - Key Facts
Friedman Industries, Inc., Key Facts
4001 Homestead Road,
Houston, Texas (TX), 77026, Ticker Symbol, Stock
Corporate Address: FRD (American Stock Exchange)
Exchange
United States
Telephone + 1 800 5278671 No. of Employees 90
Fax + 1 903 7582265 Financial Year End March
URL www.friedmanindustries.com Revenue (in USD Million) 65.13
Industry Construction
Locations United States
Source: Annual Report, Company Website, Primary and Secondary Research
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Friedman Industries, Inc. - Company Capsule Page 2
Friedman Industries, Inc.
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Friedman Industries, Inc. - Major Products and Services
Friedman Industries, Inc. (Friedman) is engaged in offering steel processing, pipe manufacturing and processing, and
steel and pipe. The key products and services offered by the company include the following:
Friedman Industries, Inc., Major Products and Services
Products:
Steel Pipe Piling
Steel Pipes
ERW Steel Pipes
Hot Rolled Steel Sheets and Plates
Services:
Distribution
Source: Annual Report, Company Website, Primary and Secondary Research
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Friedman Industries, Inc. - Company Capsule Page 3
Friedman Industries, Inc.
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Friedman Industries, Inc. - Key Competitors
The following companies are the major competitors of Friedman Industries, Inc.:
China Precision Steel, Inc.
United Capital Corp.
Universal Stainless & Alloy Products, Inc.
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Friedman Industries, Inc. - Company Capsule Page 4
Friedman Industries, Inc.
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Friedman Industries, Inc. - Key Employees
Friedman Industries, Inc., Key Employees
Name Job Title Board Level Since Age
Alan M. Rauch Director Non Executive Board 1980 75
Secretary, Treasurer, Senior Vice
Benny Harper Senior Management 1995 64
President - Finance
Charles W. Hall Director Non Executive Board 1974 80
Durga Agrawal Director Non Executive Board 2006 65
Harold Friedman Chairman Executive Board
Joe L. Williams Director Non Executive Board 2000 64
Joel Spira Director Non Executive Board 2007 72
Max Reichenthal Director Non Executive Board 2008 52
Thomas Thompson Vice President - Sales and Marketing Senior Management 1995 59
Chief Executive Officer, President,
William E. Crow Executive Board 2007 63
Director
Source: Annual Report, Company Website, Primary and Secondary Research
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Friedman Industries, Inc. - Company Capsule Page 5
Friedman Industries, Inc.
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Friedman Industries, Inc. - Locations and Subsidiaries
Head Office
Friedman Industries, Inc.
4001 Homestead Road
Houston
Texas (TX)
Zip: 77026
United States
Tel: + 1 800 5278671
Fax: + 1 903 7582265
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Friedman Industries, Inc. - Company Capsule Page 6
Friedman Industries, Inc.
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Friedman Industries, Inc. - Financial Ratios
Financial Ratios - Capital Market Ratios
Friedman Industries, Inc., Ratios based on current share price
Key Ratios 10-Sep-2010
P/E (Price/Earnings) Ratio 67.79
EV/EBITDA (Enterprise Value/Earnings Before Interest, Taxes, Depreciation and Amortization) 20.83
Enterprise Value/Sales 0.37
Enterprise Value/Operating Profit 22.49
Enterprise Value/Total Assets 0.38
Dividend Yield 0.01
Note: Above ratios are based on share price as of 10-Sep-2010. The above ratios are absolute numbers.
Source: Annual Report, Company Website, Primary and Secondary Research
Financi