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Company Analysis

Northwest Pipe Company NWPX

A comprehensive view of key metrics, scores, and financial health for Northwest Pipe Company

Overview of Northwest Pipe Company

NWPX NMS
Industrials Metal Fabrication Framework: General Corporate Small Cap
Northwest Pipe Company (NWPX), is a Small Cap company, in the Metal Fabrication industry, last closed at $99.15, about 13.6% overvalued vs fair value, +63.7% 1Y return, placing in the top 25% of its sector.
Metrics P/E 17.5× Rev Growth 6.8% ROE 9.2% Gross Margin 19.7%
USD 99.15
1.37%
(Delayed)
• Vol 90d: 31.7%
52-Week Range
Market Cap
$954.81M
Enterprise Value
$945.47M
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Fair
Health
Fair
Efficiency
Weak
Valuation
Fair
Growth
Good
Profitability
Fair
Health
Fair
Efficiency
Weak
Valuation
Fair
Completeness: 88%
Confidence: 92%
Updated: Oct 31
Top Beats

Quick Facts

Website https://www.nwpx.com
HQ Vancouver, WA
Employees 1,358
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$75
$86
$97
Current: $99.15 -14% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$526.0M
6.8%%
Gross Profit
$103.6M
8.6%%
Operating Income
$50.9M
5.4%%
Net Income
$35.4M
3.5%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio FY2025
133.0%
Excellent

Operating Cash Flow / Net Income

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$47.4M
100.6% of FCF

Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
1
Active Leaks
1/1
Improving
0
High Impact
0
Critical
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Northwest Pipe Company's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
72
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.95), demonstrating pricing resilience across cycles.
  • Strong Interest Coverage & Conservative Leverage Debt serviceability is strong (score 0.70), with robust interest coverage.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Strong
78
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Cost Advantage

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Signals, strengths and risks for Customer Stickiness

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Resilience

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Signals, strengths and risks for Scale & Market Position

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

vs Industry Peers 97% Coverage
Trade-Off Triangle Visualization A ternary plot showing NWPX's balance between Growth (30.1%), Profitability (35.2%), and Safety (34.7%). Growth 30% Safety 35% Profitability 35%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

55th percentile vs peers
56
Key Signals
Rev Growth YoY 6.8% 60p Revenue CAGR 3Y 4.8% 56p EPS Growth YoY 4.9% 48p EPS CAGR 3Y 4.6% 54p
Strengths
  • Interest Coverage Ratio in top 20% of peers (18.81, 85th percentile)
  • Superior capital returns - 2 return metrics above peer median
  • Current Ratio in top 20% of peers (3.78, 84th percentile)
Risks

No significant risks identified for this axis.

Profitability

65th percentile vs peers
65
Key Signals
Strengths
Risks
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Safety

64th percentile vs peers
64
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Northwest Pipe Company.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$85.62
- - -
-13.6% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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