NODK vs FRD

Comparison between NI Holdings Inc (NODK, Company) and Friedman Industries Inc (FRD, Company).

NODK is from the Financial Services sector, while FRD is from the Basic Materials sector.

5-Year PerformanceFRD has outperformed NODK, delivering a return of +27.8% compared to -4.4%

NODK vs FRD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NODK(COMPANY)	FRD(COMPANY)
Market Cap	$314M	$314M
Max Drawdown	44.88%	76.01%
Sharpe Ratio	0.79	1.84
5Y Beta	0.41	0.60
Industry	Insurance - Property & Casualty	Steel
P/E Ratio	40.19	13.58
Forward P/E	N/A	14.43
PEG Ratio	N/A	0.01
Dividend Yield	N/A	0.37%
5Y Dividends CAGR	N/A	20.11%
5Y EPS CAGR	-27.33%	77.58%
Debt to Equity	0.96%	0.00%
Free Cash Flow Yield	-10.38%	3.34%

Market Cap

Winner

NODK

$314M

FRD

$314M

Max Drawdown

Winner

NODK

44.88%

FRD

76.01%

Sharpe Ratio

NODK

0.79

Winner

FRD

1.84

5Y Beta

Winner

NODK

0.41

FRD

0.60

Industry

NODK

Insurance - Property & Casualty

FRD

Steel

P/E Ratio

NODK

40.19

Winner

FRD

13.58

Forward P/E

NODK

N/A

FRD

14.43

PEG Ratio

NODK

N/A

FRD

0.01

Dividend Yield

NODK

N/A

FRD

0.37%

5Y Dividends CAGR

NODK

N/A

FRD

20.11%

5Y EPS CAGR

NODK

-27.33%

Winner

FRD

77.58%

Debt to Equity

NODK

0.96%

Winner

FRD

0.00%

Free Cash Flow Yield

NODK

-10.38%

Winner

FRD

3.34%

NODK vs FRD - Historical Returns

Returns include dividend reinvestment.

Period	NODK	FRD
1 month	-3.22%	+28.26%
3 months	+11.81%	+103.13%
6 months	+15.25%	+129.31%
1 year	+18.18%	+152.97%
5 years(CAGR)	-4.40%	+27.84%
10 years(CAGR)	+0.42%	+24.07%
Max(CAGR)	+0.42%	+13.28%

NODK

-3.22%

Winner

FRD

+28.26%

NODK

+11.81%

Winner

FRD

+103.13%

NODK

+15.25%

Winner

FRD

+129.31%

NODK

+18.18%

Winner

FRD

+152.97%

5Y(CAGR)

NODK

-4.40%

Winner

FRD

+27.84%

10Y(CAGR)

NODK

+0.42%

Winner

FRD

+24.07%

Max(CAGR)

NODK

+0.42%

Winner

FRD

+13.28%

NODK vs FRD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NODK	FRD
2026	+15.60%	+119.56%
2025	-14.52%	+38.85%
2024	+21.24%	-0.20%
2023	-3.28%	+61.47%
2022	-31.49%	+5.66%
2021	+16.94%	+40.15%
2020	-3.01%	+15.14%
2019	+9.55%	-16.60%
2018	-6.03%	+31.35%
2017	+15.12%	-12.98%
2016	N/A	+20.23%
2015	N/A	-21.29%
2014	N/A	-16.73%
2013	N/A	-14.27%
2012	N/A	+5.67%
2011	N/A	+27.26%
2010	N/A	+59.26%
2009	N/A	-10.86%
2008	N/A	+12.99%
2007	N/A	-44.31%
2006	N/A	+112.42%
2005	N/A	-43.58%
2004	N/A	+236.60%
2003	N/A	+40.68%
2002	N/A	-0.04%
2001	N/A	-12.12%
2000	N/A	-9.09%
1999	N/A	-3.57%

NODK vs FRD Drawdown Comparison

The maximum drawdown for NODK was -44.88%, occurring on Mar 20, 2020. Recovery took 433 trading sessions.

The maximum drawdown for FRD was -70.30%, occurring on Mar 6, 2009. Recovery took 1618 trading sessions.

The current NODK drawdown is -24.51%. The current FRD drawdown is -1.65%.

Rank	NODK	FRD
#1	-44.88% Jun 17, 2019 - Mar 5, 2021	-70.30% Feb 9, 2005 - Jul 14, 2011
#2	-40.55% Jul 23, 2021 - Oct 23, 2023	-65.08% Aug 14, 2018 - May 20, 2021
#3	-20.82% Jun 7, 2017 - Jun 17, 2019	-60.85% Feb 11, 2013 - Aug 10, 2018
#4	-10.40% Mar 16, 2021 - Jun 10, 2021	-53.55% Jun 24, 2021 - Jul 24, 2023
#5	-6.12% Jun 18, 2021 - Jul 20, 2021	-46.49% Aug 1, 2023 - Feb 23, 2024
#6	-3.70% Apr 11, 2017 - May 9, 2017	-42.04% Sep 15, 2000 - Jan 9, 2004
#7	-3.21% Mar 9, 2021 - Mar 12, 2021	-37.70% Jul 26, 2011 - Feb 6, 2013
#8	-2.44% Mar 16, 2017 - Mar 31, 2017	-29.96% Apr 26, 2024 - Sep 2, 2025
#9	-1.56% May 9, 2017 - May 11, 2017	-28.05% Jan 22, 2004 - Jun 16, 2004
#10	-1.54% May 16, 2017 - May 19, 2017	-25.94% Jul 16, 2004 - Oct 1, 2004
#11	-1.46% Jun 1, 2017 - Jun 6, 2017	-24.77% Sep 19, 2025 - May 26, 2026
#12	-1.25% May 11, 2017 - May 16, 2017	-24.10% Jan 24, 2000 - Sep 15, 2000
#13	-0.95% Jun 11, 2021 - Jun 16, 2021	-19.68% Dec 27, 2004 - Jan 31, 2005
#14	-0.84% May 22, 2017 - May 25, 2017	-18.18% Oct 7, 2004 - Nov 17, 2004
#15	-0.52% Apr 4, 2017 - Apr 7, 2017	-14.00% Jun 18, 2026 - Aug 6, 2026

Correlation

Correlation between NODK and FRD is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

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