Cylindrical alloys fabricated from shape-memory Fe-xMn-5Si-5Ni-yCr were produced by utilizing diverse solid volume fractions through the use of powder metallurgy and sintering technique. The shape recovery due to compressive force was analyzed and correlated with the volume fractions. A higher concentration of Mn will result in a decrease in shape recovery as a result of the formation of oxides, precipitates, and unintended intermetallics during the furnace cooling process. The dislocation occurring within and around the grain boundary is another significant factor contributing to the reduction in shape recovery. The increase in Cr content reduces the likelihood of dislocation around the grain boundary. The effectiveness of compressive deformation was examined and correlated.