Fred's, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies.
Imperfect balance sheet and overvalued.
Share Price & News
How has Fred's's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FRED.Q's share price has been volatile over the past 3 months.
7 Day Return
US Multiline Retail
1 Year Return
US Multiline Retail
Return vs Industry: FRED.Q underperformed the US Multiline Retail industry which returned 15.1% over the past year.
Return vs Market: FRED.Q underperformed the US Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is Fred's's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StWhat Type Of Shareholder Owns Fred's, Inc.'s (NASDAQ:FRED)?
1 year ago | Simply Wall StDoes Market Volatility Impact Fred's, Inc.'s (NASDAQ:FRED) Share Price?
1 year ago | Simply Wall StAre Fred's, Inc.'s (NASDAQ:FRED) Interest Costs Too High?
Is Fred's undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FRED.Q's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FRED.Q's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FRED.Q is unprofitable, so we can't compare its PE Ratio to the Multiline Retail industry average.
PE vs Market: FRED.Q is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FRED.Q's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FRED.Q is good value based on its PB Ratio (0x) compared to the US Multiline Retail industry average (1.2x).
How is Fred's forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Fred's has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of FRED.Q’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Fred's's filings and announcements here.
- Explore growth companies in the Retail industry.
How has Fred's performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: FRED.Q is currently unprofitable.
Growing Profit Margin: FRED.Q is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FRED.Q's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare FRED.Q's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FRED.Q is unprofitable, making it difficult to compare its past year earnings growth to the Multiline Retail industry (-8.1%).
Return on Equity
High ROE: FRED.Q has a negative Return on Equity (-153.02%), as it is currently unprofitable.
How is Fred's's financial position?
Financial Position Analysis
Short Term Liabilities: FRED.Q's short term assets ($288.5M) exceed its short term liabilities ($260.7M).
Long Term Liabilities: FRED.Q's short term assets ($288.5M) exceed its long term liabilities ($119.5M).
Debt to Equity History and Analysis
Debt Level: FRED.Q's debt to equity ratio (100.5%) is considered high.
Reducing Debt: FRED.Q's debt to equity ratio has increased from 1% to 100.5% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if FRED.Q has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FRED.Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Fred's's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FRED.Q's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FRED.Q's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FRED.Q's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FRED.Q's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FRED.Q is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FRED.Q's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Fred's has no CEO, or we have no data on them.
|Independent Director||3.08yrs||US$237.50k||0.26% $549.5|
|Independent Director||3.08yrs||US$220.00k||0.50% $1.1k|
|Independent Director||2yrs||US$213.39k||0.23% $488.7|
|Independent Chairman of the Board||2.75yrs||US$340.00k||0.66% $1.4k|
|Independent Director||2yrs||US$199.71k||0.18% $380.7|
Experienced Board: FRED.Q's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fred's, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Fred's, Inc.
- Ticker: FRED.Q
- Exchange: OTCPK
- Founded: 1947
- Industry: General Merchandise Stores
- Sector: Retail
- Market Cap: US$211.434k
- Shares outstanding: 35.24m
- Website: https://www.fredsinc.com
Number of Employees
- Fred's, Inc.
- 4300 New Getwell Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FRED.Q||OTCPK (Pink Sheets LLC)||Yes||Class A Voting Shares||US||USD||Mar 1992|
|FR1A||DB (Deutsche Boerse AG)||Yes||Class A Voting Shares||DE||EUR||Mar 1992|
Fred's, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. The company, through its stores, offers health, beauty, and personal care products; household cleaning supplies, disposable diapers, pet foods, and paper products; and various general merchandise, and food and beverage products to low, middle, and fixed income families located in small- to medium-sized towns. It also sells general merchandise to franchised Fred's stores. As of February 2, 2019, the company operated approximately 557 retail stores, including 169 pharmacies and 11 franchised stores located in 15 states primarily in the Southeastern United States. Fred's, Inc. was founded in 1947 and is headquartered in Memphis, Tennessee.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/30 09:39|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.