(NWPX) Northwest Pipe - Overview
Sector: Basic Materials | Industry: Steel | Exchange: NASDAQ (USA) | Market Cap: 1.068m USD | Total Return: 168.9% in 12m
Steel Pipelines, Concrete Pipes, Precast Culverts, Stormwater
Total Rating 81
Safety 93
Buy Signal 1.61
Steel
Industry Rotation: -4.7
Industry Rotation: -4.7
Market Cap:
1.07B
Avg Turnover: 15.7M
Avg Turnover: 15.7M
Risk 3d forecast
Volatility35.2%
VaR 5th Pctl5.54%
VaR vs Median-4.50%
Reward TTM
Sharpe Ratio2.60
Rel. Str. IBD95.9
Rel. Str. Peer Group86.9
Character TTM
Beta1.215
Beta Downside0.616
Hurst Exponent0.499
Drawdowns 3y
Max DD35.36%
CAGR/Max DD1.68
CAGR/Mean DD5.84
EPS (Earnings per Share)
EPS CAGR: 20.95%
EPS Trend: 84.7%
EPS Trend: 84.7%
Last SUE: 3.23
Qual. Beats: 3
Qual. Beats: 3
Revenue
Rev. CAGR: 8.09%
Rev. Trend: 98.4%
Rev. Trend: 98.4%
Last SUE: 1.96
Qual. Beats: 1
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Supp Ema20, Leader, Tailwind, Pullback 52w, Confidence
Description: NWPX Northwest Pipe
NWPX Infrastructure, Inc. manufactures water-related infrastructure products across two primary segments: Water Transmission Systems (WTS) and Precast Infrastructure and Engineered Systems. The WTS division focuses on large-diameter, high-pressure steel pipelines for drinking water, hydroelectric, and wastewater applications. The Precast segment provides reinforced concrete products, including culverts, manholes, and stormwater management systems under the Geneva and Park brands.
The company operates within the capital-intensive industrial fabrication sector, where demand is heavily influenced by municipal infrastructure spending and federal water quality regulations. Steel pipe manufacturers in this space often utilize project-based bidding cycles, which can lead to fluctuations in backlog and revenue recognition based on the timing of large-scale public works contracts.
Investors can evaluate the underlying valuation metrics of these segments by exploring the data available on ValueRay. Headquartered in Vancouver, Washington, the company serves installation contractors and public agencies throughout the United States and Canada.
- Federal infrastructure funding levels dictate demand for large-diameter water transmission projects
- Steel price fluctuations directly impact manufacturing margins and contract profitability
- Expansion of precast concrete segment diversifies revenue beyond volatile steel pipeline cycles
- Municipal budget constraints and high interest rates delay critical water infrastructure spending
- Population migration to sunbelt states drives regional demand for new wastewater systems
Piotroski VR‑10 (Strict)
8.5
| Net Income: 42.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -0.04 > 1.0 |
| NWC/Revenue: 34.23% < 20% (prev 39.00%; Δ -4.77% < -1%) |
| CFO/TA 0.14 > 3% & CFO 91.7m > Net Income 42.0m |
| Net Debt (88.2m) to EBITDA (77.7m): 1.13 < 3 |
| Current Ratio: 2.68 > 1.5 & < 3 |
| Outstanding Shares: last quarter (9.79m) vs 12m ago -3.23% < -2% |
| Gross Margin: 20.24% > 18% (prev 0.19%; Δ 2.00k% > 0.5%) |
| Asset Turnover: 90.13% > 50% (prev 85.09%; Δ 5.03% > 0%) |
| Interest Coverage Ratio: 24.96 > 6 (EBITDA TTM 77.7m / Interest Expense TTM 2.32m) |
Altman Z''
5.42
| A: 0.30 (Total Current Assets 299.2m - Total Current Liabilities 111.5m) / Total Assets 634.1m |
| B: 0.46 (Retained Earnings 292.3m / Total Assets 634.1m) |
| C: 0.10 (EBIT TTM 58.0m / Avg Total Assets 608.2m) |
| D: 1.27 (Book Value of Equity 292.4m / Total Liabilities 230.4m) |
| Altman-Z'' Score: 5.42 = AAA |
Beneish M
-3.03
| DSRI: 1.15 (Receivables 209.9m/165.1m, Revenue 548.1m/495.4m) |
| GMI: 0.94 (GM 20.24% / 19.10%) |
| AQI: 0.88 (AQ_t 0.13 / AQ_t-1 0.15) |
| SGI: 1.11 (Revenue 548.1m / 495.4m) |
| TATA: -0.08 (NI 42.0m - CFO 91.7m) / TA 634.1m) |
| Beneish M-Score: -3.03 (Cap -4..+1) = AA |
What is the price of NWPX shares?
As of May 21, 2026, the stock is trading at USD 109.53 with a total of 116,832 shares traded.
Over the past week, the price has changed by -3.48%, over one month by +33.35%, over three months by +46.51% and over the past year by +168.85%.
Over the past week, the price has changed by -3.48%, over one month by +33.35%, over three months by +46.51% and over the past year by +168.85%.
Is NWPX a buy, sell or hold?
Northwest Pipe has received a consensus analysts rating of 4.00.
Therefore, it is recommended to buy NWPX.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the NWPX price?
| Analysts Target Price | 99 | -9.6% |
Northwest Pipe (NWPX) - Fundamental Data Overview
as of 18 May 2026
P/E Trailing = 26.0706 P/E Forward = 27.3224
P/S = 1.948
P/B = 2.69
P/EG = 2.4867
Revenue TTM = 548.1m USD
EBIT TTM = 58.0m USD
EBITDA TTM = 77.7m USD
Long Term Debt = 7.73m USD (from longTermDebt, last quarter)
Short Term Debt = 8.15m USD (from shortTermDebt, last quarter)
Debt = 102.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 88.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.16b USD (1.07b + Debt 102.4m - CCE 14.3m)
Interest Coverage Ratio = 24.96 (Ebit TTM 58.0m / Interest Expense TTM 2.32m)
EV/FCF = 16.12x (Enterprise Value 1.16b / FCF TTM 71.7m)
FCF Yield = 6.20% (FCF TTM 71.7m / Enterprise Value 1.16b)
FCF Margin = 13.08% (FCF TTM 71.7m / Revenue TTM 548.1m)
Net Margin = 7.66% (Net Income TTM 42.0m / Revenue TTM 548.1m)
Gross Margin = 20.24% ((Revenue TTM 548.1m - Cost of Revenue TTM 437.2m) / Revenue TTM)
Gross Margin QoQ = 19.29% (prev 21.30%)
Tobins Q-Ratio = 1.82 (Enterprise Value 1.16b / Total Assets 634.1m)
Interest Expense / Debt = 0.34% (Interest Expense 348k / Debt 102.4m)
Taxrate = 15.98% (2.00m / 12.5m)
NOPAT = 48.7m (EBIT 58.0m * (1 - 15.98%))
Current Ratio = 2.68 (Total Current Assets 299.2m / Total Current Liabilities 111.5m)
Debt / Equity = 0.25 (Debt 102.4m / totalStockholderEquity, last quarter 403.7m)
Debt / EBITDA = 1.13 (Net Debt 88.2m / EBITDA 77.7m)
Debt / FCF = 1.23 (Net Debt 88.2m / FCF TTM 71.7m)
Total Stockholder Equity = 391.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.90% (Net Income 42.0m / Total Assets 634.1m)
RoE = 10.73% (Net Income TTM 42.0m / Total Stockholder Equity 391.1m)
RoCE = 14.53% (EBIT 58.0m / Capital Employed (Equity 391.1m + L.T.Debt 7.73m))
RoIC = 11.66% (NOPAT 48.7m / Invested Capital 417.6m)
WACC = 9.39% (E(1.07b)/V(1.17b) * Re(10.26%) + D(102.4m)/V(1.17b) * Rd(0.34%) * (1-Tc(0.16)))
Discount Rate = 10.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -51.11 | Cagr: -1.40%
[DCF] Terminal Value 65.57% ; FCFF base≈69.5m ; Y1≈47.4m ; Y5≈23.3m
[DCF] Fair Price = 28.88 (EV 366.5m - Net Debt 88.2m = Equity 278.4m / Shares 9.64m; r=9.39% [WACC]; 5y FCF grow -37.24% → 3.0% )
EPS Correlation: 84.70 | EPS CAGR: 20.95% | SUE: 3.23 | # QB: 3
Revenue Correlation: 98.43 | Revenue CAGR: 8.09% | SUE: 1.96 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.33 | Chg30d=+7.26% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.54 | Chg30d=+20.31% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=4.72 | Chg30d=+14.56% | Revisions=+20% | GrowthEPS=+31.5% | GrowthRev=+14.0%
EPS next Year (2027-12-31): EPS=4.88 | Chg30d=-0.51% | Revisions=+33% | GrowthEPS=+3.3% | GrowthRev=-3.7%
[Analyst] Revisions Ratio: +33%