WallStSmart

Friedman Industries Inc. Common Stock (FRD)vsSteel Dynamics Inc (STLD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Steel Dynamics Inc generates 2839% more annual revenue ($19.01B vs $646.91M). STLD leads profitability with a 7.2% profit margin vs 3.0%. FRD trades at a lower P/E of 12.4x. STLD earns a higher WallStSmart Score of 62/100 (C+).

FRD

Buy

60

out of 100

Grade: C

Growth: 8.7Profit: 5.5Value: 7.7Quality: 7.5
Piotroski: 3/9Altman Z: 3.85

STLD

Buy

62

out of 100

Grade: C+

Growth: 6.7Profit: 6.0Value: 4.3Quality: 8.0
Piotroski: 3/9Altman Z: 3.80
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FRDUndervalued (+31.7%)

Margin of Safety

+31.7%

Fair Value

$30.79

Current Price

$33.58

$2.79 discount

UndervaluedFair: $30.79Overvalued

Intrinsic value data unavailable for STLD.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FRD5 strengths · Avg: 9.2/10
Revenue GrowthGrowth
48.4%10/10

Revenue surging 48.4% year-over-year

EPS GrowthGrowth
70.1%10/10

Earnings expanding 70.1% YoY

Altman Z-ScoreHealth
3.8510/10

Safe zone — low bankruptcy risk

P/E RatioValuation
12.4x8/10

Attractively priced relative to earnings

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

STLD3 strengths · Avg: 9.3/10
EPS GrowthGrowth
93.1%10/10

Earnings expanding 93.1% YoY

Altman Z-ScoreHealth
3.8010/10

Safe zone — low bankruptcy risk

Revenue GrowthGrowth
19.1%8/10

19.1% revenue growth

Areas to Watch

FRD4 concerns · Avg: 2.8/10
Market CapQuality
$233.13M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
3.0%3/10

3.0% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Free Cash FlowQuality
$-3.96M2/10

Negative free cash flow — burning cash

STLD4 concerns · Avg: 3.0/10
P/E RatioValuation
25.3x4/10

Moderate valuation

Profit MarginProfitability
7.2%3/10

7.2% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
10.912/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : FRD

The strongest argument for FRD centers on Revenue Growth, EPS Growth, Altman Z-Score. Revenue growth of 48.4% demonstrates continued momentum.

Bull Case : STLD

The strongest argument for STLD centers on EPS Growth, Altman Z-Score, Revenue Growth. Revenue growth of 19.1% demonstrates continued momentum.

Bear Case : FRD

The primary concerns for FRD are Market Cap, Profit Margin, Piotroski F-Score. Thin 3.0% margins leave little buffer for downturns.

Bear Case : STLD

The primary concerns for STLD are P/E Ratio, Profit Margin, Piotroski F-Score.

Key Dynamics to Monitor

FRD profiles as a hypergrowth stock while STLD is a growth play — different risk/reward profiles.

FRD carries more volatility with a beta of 1.56 — expect wider price swings.

FRD is growing revenue faster at 48.4% — sustainability is the question.

STLD generates stronger free cash flow (304M), providing more financial flexibility.

Bottom Line

STLD scores higher overall (62/100 vs 60/100) and 19.1% revenue growth. FRD offers better value entry with a 31.7% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Friedman Industries Inc. Common Stock

BASIC MATERIALS · STEEL · USA

Friedman Industries, Incorporated is engaged in the steel processing, pipe fabrication and processing, and steel and pipe distribution businesses in the United States. The company is headquartered in Longview, Texas.

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Steel Dynamics Inc

BASIC MATERIALS · STEEL · USA

Steel Dynamics, Inc., is a steel producer and metal recycler in the United States.

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