The process of lateral extrusion of gear-like components with radial tooth profile has been studied in this paper. The material flow in extrusion die cavity has been simulated using the SuperForge of FVM simulation package. The results of simulation have shown that the material fills the die cavity in two stages: Parallel movement to the end of toothed die cavity and fills the rest of shaped die cavity. Each stage of deformation has been analyzed by using slab method of analysis and the extrusion load values for each punch stroke have been estimated. Finally, comparisons between present theoretical results and experiments of other researchers’ work have been carried out to illustrate the validity of this proposed model.