NWPX Infrastructure, Inc.

Northwest Pipe Company manufactures water-related infrastructure products in North America. It operates two segments: Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems. SPP offers large-diameter steel pipeline systems for drinking water, hydroelectric power, wastewater, and other applications. The segment also makes industrial plant piping system products and structural application products. The Precast segment provides stormwater and wastewater technology products and reinforced concrete products. Products are sold under various brands to installation contractors. The company was incorporated in 1966 and is headquartered in Vancouver, Washington.

Overview

Sector

Steel

Target Price

36.7 USD

Current Price

51.2 USD

Potential

-28%

Strengths

Current Price to Earnings Ratio (15.18) is lower than the sector mean (34.05).
The company has low debt. Net Debt to EBITDA Ratio is 0.51 and it is lower than the sector mean.
EV/EBITDA (8.25) is lower than the sector mean (10.56).
EV/EBIT (11.52) is lower than the sector mean.
Price to free cash flow (15.16) is lower than the sector mean.

Weaknesses

With a depreciation Potential of -26.50%, based on our fundamental analysis, it suggests the stock may be overvalued.
Price to book ratio (1.39) is significantly higher than the sector mean (0.94).

Key Financial Data

Indicator	Value
PER	14.8
EV/EBITDA	8.1
Price/Free Cash Flow'	14.8
ROIC	13.3%
Net Debt/EBITDA	0.5