Federal Screw Works(OTC) FSCR

Federal Screw Works, established in 1917 and headquartered in Romulus, Michigan, is a prominent manufacturer and supplier of industrial components, primarily serving the automotive industry. The company operates through multiple divisions, including Big Rapids, Romulus, Traverse City, and Novex Tool, offering a diverse range of precision-engineered products.

Products and Services

• Precision-engineered pins and shafts for automotive applications
• High-tolerance machined goods for critical vehicle systems
• Specialized engineered nut products and cold form tooling

Growth Outlook

• Recent quarterly revenue reached $24.87 million, indicating strong demand
• Operating income improved to $21,000, showcasing operational efficiency
• Inventory turnover ratio of 4.42 suggests effective inventory management

Financial Highlights

• Trailing twelve months revenue of $92.5 million reflects steady performance
• Current ratio of 2.70 indicates strong liquidity position
• Net income margin of -0.0095 highlights areas for operational improvement

Federal Screw Works has a long-standing history in the manufacturing sector, particularly within the automotive industry. The company's diverse product offerings cater to various critical applications, ensuring a broad customer base. Recent financial performance indicates a positive trajectory, with quarterly revenue growth and improved operating income. The current liquidity position is robust, allowing for potential investments in growth initiatives. However, the company faces challenges in achieving consistent profitability, as indicated by the negative net income margin. Overall, Federal Screw Works presents an intriguing opportunity for investors interested in the manufacturing sector, particularly those focused on automotive components.