NWPX Stock Overview
Northwest Pipe Company, together with its subsidiaries, manufactures and supplies water related infrastructure products in North America.
No risks detected for NWPX from our risk checks.
Northwest Pipe Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$31.34|
|52 Week High||US$34.94|
|52 Week Low||US$23.11|
|1 Month Change||7.59%|
|3 Month Change||5.49%|
|1 Year Change||15.01%|
|3 Year Change||23.29%|
|5 Year Change||89.60%|
|Change since IPO||213.40%|
Recent News & Updates
Northwest Pipe Non-GAAP EPS of $1.04 beats by $0.31, revenue of $118.52M beats by $8.52M
Northwest Pipe press release (NASDAQ:NWPX): Q2 Non-GAAP EPS of $1.04 beats by $0.31. Revenue of $118.52M (+60.6% Y/Y) beats by $8.52M.
These 4 Measures Indicate That Northwest Pipe (NASDAQ:NWPX) Is Using Debt Reasonably Well
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|NWPX||US Construction||US Market|
Return vs Industry: NWPX exceeded the US Construction industry which returned 9.2% over the past year.
Return vs Market: NWPX exceeded the US Market which returned -13.5% over the past year.
|NWPX Average Weekly Movement||5.8%|
|Construction Industry Average Movement||6.1%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.0%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: NWPX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NWPX's weekly volatility (6%) has been stable over the past year.
About the Company
Northwest Pipe Company, together with its subsidiaries, manufactures and supplies water related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems.
Northwest Pipe Fundamentals Summary
|NWPX fundamental statistics|
Is NWPX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NWPX income statement (TTM)|
|Cost of Revenue||US$350.24m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.06|
|Net Profit Margin||4.93%|
How did NWPX perform over the long term?See historical performance and comparison
Is NWPX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NWPX?
Other financial metrics that can be useful for relative valuation.
|What is NWPX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NWPX's PE Ratio compare to its peers?
|NWPX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
BBCP Concrete Pumping Holdings
IESC IES Holdings
NWPX Northwest Pipe
Price-To-Earnings vs Peers: NWPX is good value based on its Price-To-Earnings Ratio (15.2x) compared to the peer average (42.2x).
Price to Earnings Ratio vs Industry
How does NWPX's PE Ratio compare vs other companies in the US Construction Industry?
Price-To-Earnings vs Industry: NWPX is good value based on its Price-To-Earnings Ratio (15.2x) compared to the US Construction industry average (27.9x)
Price to Earnings Ratio vs Fair Ratio
What is NWPX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||15.2x|
|Fair PE Ratio||20.6x|
Price-To-Earnings vs Fair Ratio: NWPX is good value based on its Price-To-Earnings Ratio (15.2x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).
Share Price vs Fair Value
What is the Fair Price of NWPX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NWPX ($31.34) is trading below our estimate of fair value ($75.72)
Significantly Below Fair Value: NWPX is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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How is Northwest Pipe forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWPX's forecast earnings growth (29.1% per year) is above the savings rate (1.9%).
Earnings vs Market: NWPX's earnings (29.1% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: NWPX's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NWPX's revenue (4.1% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: NWPX's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NWPX's Return on Equity is forecast to be high in 3 years time
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How has Northwest Pipe performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWPX has high quality earnings.
Growing Profit Margin: NWPX's current net profit margins (4.9%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: NWPX's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: NWPX's earnings growth over the past year (21.8%) is below its 5-year average (23% per year).
Earnings vs Industry: NWPX earnings growth over the past year (21.8%) exceeded the Construction industry 13.1%.
Return on Equity
High ROE: NWPX's Return on Equity (6.9%) is considered low.
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How is Northwest Pipe's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NWPX's short term assets ($269.8M) exceed its short term liabilities ($91.8M).
Long Term Liabilities: NWPX's short term assets ($269.8M) exceed its long term liabilities ($197.9M).
Debt to Equity History and Analysis
Debt Level: NWPX's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: NWPX's debt to equity ratio has increased from 0.01% to 30.4% over the past 5 years.
Debt Coverage: NWPX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NWPX's interest payments on its debt are well covered by EBIT (15.9x coverage).
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What is Northwest Pipe current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NWPX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NWPX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NWPX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NWPX's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NWPX has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Montross (57 yo)
Mr. Scott J. Montross has been the Chief Executive Officer and President of Northwest Pipe Company since January 1, 2013. Mr. Montross served as Chief Operating Officer and Executive Vice President at Nort...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD1.94M) is about average for companies of similar size in the US market ($USD2.68M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Experienced Management: NWPX's management team is considered experienced (2.9 years average tenure).
Experienced Board: NWPX's board of directors are considered experienced (7.8 years average tenure).
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.
Northwest Pipe Company's employee growth, exchange listings and data sources
- Name: Northwest Pipe Company
- Ticker: NWPX
- Exchange: NasdaqGS
- Founded: 1966
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: US$311.123m
- Shares outstanding: 9.93m
- Website: https://www.nwpipe.com
Number of Employees
- Northwest Pipe Company
- 201 NE Park Plaza Drive
- Suite 100
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/10 00:00|
|End of Day Share Price||2022/08/10 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.