NWPX INFRASTRUCTURE INC (NWPX) Stock Fundamental Analysis
USA - NASDAQ:NWPX - US6677461013 - Common Stock
52.73 USD
-0.82 (-1.53%)
52.73 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to NWPX. NWPX was compared to 52 industry peers in the Construction & Engineering industry. NWPX has an excellent financial health rating, but there are some minor concerns on its profitability. NWPX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year NWPX was profitable.
NWPX had a positive operating cash flow in the past year.
Each year in the past 5 years NWPX has been profitable.
Of the past 5 years NWPX 4 years had a positive operating cash flow.
1.2 Ratios
NWPX's Return On Assets of 5.63% is fine compared to the rest of the industry. NWPX outperforms 67.31% of its industry peers.
NWPX has a Return On Equity (8.80%) which is comparable to the rest of the industry.
NWPX has a Return On Invested Capital of 6.50%. This is comparable to the rest of the industry: NWPX outperforms 57.69% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NWPX is significantly below the industry average of 17.22%.
The 3 year average ROIC (6.35%) for NWPX is below the current ROIC(6.50%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.63% | ||
| ROE | 8.8% | ||
| ROIC | 6.5% |
ROA(3y)4.83%
ROA(5y)4.34%
ROE(3y)8.37%
ROE(5y)7.25%
ROIC(3y)6.35%
ROIC(5y)5.74%
1.3 Margins
NWPX has a better Profit Margin (6.69%) than 73.08% of its industry peers.
In the last couple of years the Profit Margin of NWPX has declined.
NWPX has a Operating Margin of 8.96%. This is in the better half of the industry: NWPX outperforms 69.23% of its industry peers.
NWPX's Operating Margin has been stable in the last couple of years.
NWPX has a Gross Margin of 18.87%. This is comparable to the rest of the industry: NWPX outperforms 57.69% of its industry peers.
NWPX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.96% | ||
| PM (TTM) | 6.69% | ||
| GM | 18.87% |
OM growth 3Y18.94%
OM growth 5Y-0.95%
PM growth 3Y26.26%
PM growth 5Y-7.01%
GM growth 3Y13.38%
GM growth 5Y2.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NWPX is destroying value.
The number of shares outstanding for NWPX has been reduced compared to 1 year ago.
NWPX has more shares outstanding than it did 5 years ago.
NWPX has a better debt/assets ratio than last year.
2.2 Solvency
NWPX has an Altman-Z score of 3.54. This indicates that NWPX is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.54, NWPX is doing good in the industry, outperforming 61.54% of the companies in the same industry.
NWPX has a debt to FCF ratio of 0.98. This is a very positive value and a sign of high solvency as it would only need 0.98 years to pay back of all of its debts.
The Debt to FCF ratio of NWPX (0.98) is better than 80.77% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that NWPX is not too dependend on debt financing.
NWPX's Debt to Equity ratio of 0.12 is amongst the best of the industry. NWPX outperforms 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.98 | ||
| Altman-Z | 3.54 |
ROIC/WACC0.63
WACC10.29%
2.3 Liquidity
NWPX has a Current Ratio of 3.95. This indicates that NWPX is financially healthy and has no problem in meeting its short term obligations.
NWPX has a Current ratio of 3.95. This is amongst the best in the industry. NWPX outperforms 98.08% of its industry peers.
NWPX has a Quick Ratio of 2.81. This indicates that NWPX is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of NWPX (2.81) is better than 98.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.95 | ||
| Quick Ratio | 2.81 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 32.80% over the past year.
Measured over the past 5 years, NWPX shows a small growth in Earnings Per Share. The EPS has been growing by 4.87% on average per year.
NWPX shows a small growth in Revenue. In the last year, the Revenue has grown by 5.84%.
NWPX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.01% yearly.
EPS 1Y (TTM)32.8%
EPS 3Y27.51%
EPS 5Y4.87%
EPS Q2Q%5.81%
Revenue 1Y (TTM)5.84%
Revenue growth 3Y13.9%
Revenue growth 5Y12.01%
Sales Q2Q%2.84%
3.2 Future
NWPX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.09% yearly.
The Revenue is expected to grow by 2.67% on average over the next years.
EPS Next Y-7.41%
EPS Next 2Y6.25%
EPS Next 3Y-2.39%
EPS Next 5Y-2.09%
Revenue Next Year1.82%
Revenue Next 2Y3.16%
Revenue Next 3Y2.16%
Revenue Next 5Y2.67%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.88, the valuation of NWPX can be described as correct.
86.54% of the companies in the same industry are more expensive than NWPX, based on the Price/Earnings ratio.
NWPX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.74, NWPX is valued correctly.
94.23% of the companies in the same industry are more expensive than NWPX, based on the Price/Forward Earnings ratio.
NWPX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.88 | ||
| Fwd PE | 13.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NWPX is valued cheaper than 90.38% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NWPX indicates a rather cheap valuation: NWPX is cheaper than 90.38% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.82 | ||
| EV/EBITDA | 8.71 |
4.3 Compensation for Growth
The decent profitability rating of NWPX may justify a higher PE ratio.
NWPX's earnings are expected to decrease with -2.39% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3.26
EPS Next 2Y6.25%
EPS Next 3Y-2.39%
5. Dividend
5.1 Amount
NWPX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
52.73
-0.82 (-1.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners84.83%
Inst Owner Change13.91%
Ins Owners3.28%
Ins Owner Change5.33%
Market Cap508.84M
Analysts80
Price Target57.46 (8.97%)
Short Float %2.48%
Short Ratio3.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.8%
Min EPS beat(2)-28.08%
Max EPS beat(2)24.49%
EPS beat(4)3
Avg EPS beat(4)4.76%
Min EPS beat(4)-28.08%
Max EPS beat(4)24.49%
EPS beat(8)6
Avg EPS beat(8)12.24%
EPS beat(12)8
Avg EPS beat(12)8.29%
EPS beat(16)12
Avg EPS beat(16)15.55%
Revenue beat(2)2
Avg Revenue beat(2)4.85%
Min Revenue beat(2)1.71%
Max Revenue beat(2)7.98%
Revenue beat(4)3
Avg Revenue beat(4)1.88%
Min Revenue beat(4)-2.54%
Max Revenue beat(4)7.98%
Revenue beat(8)6
Avg Revenue beat(8)2.3%
Revenue beat(12)7
Avg Revenue beat(12)1.62%
Revenue beat(16)11
Avg Revenue beat(16)3.4%
PT rev (1m)5.63%
PT rev (3m)5.63%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.59%
EPS NY rev (1m)0%
EPS NY rev (3m)4.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.88 | ||
| Fwd PE | 13.74 | ||
| P/S | 1.02 | ||
| P/FCF | 9.82 | ||
| P/OCF | 7.36 | ||
| P/B | 1.34 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 8.71 |
EPS(TTM)3.32
EY6.3%
EPS(NY)3.84
Fwd EY7.28%
FCF(TTM)5.37
FCFY10.18%
OCF(TTM)7.16
OCFY13.59%
SpS51.72
BVpS39.32
TBVpS30.98
PEG (NY)N/A
PEG (5Y)3.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.63% | ||
| ROE | 8.8% | ||
| ROCE | 8.51% | ||
| ROIC | 6.5% | ||
| ROICexc | 6.52% | ||
| ROICexgc | 7.71% | ||
| OM | 8.96% | ||
| PM (TTM) | 6.69% | ||
| GM | 18.87% | ||
| FCFM | 10.38% |
ROA(3y)4.83%
ROA(5y)4.34%
ROE(3y)8.37%
ROE(5y)7.25%
ROIC(3y)6.35%
ROIC(5y)5.74%
ROICexc(3y)6.4%
ROICexc(5y)5.95%
ROICexgc(3y)7.73%
ROICexgc(5y)7.08%
ROCE(3y)8.31%
ROCE(5y)7.51%
ROICexcg growth 3Y31.17%
ROICexcg growth 5Y-1.43%
ROICexc growth 3Y32.87%
ROICexc growth 5Y-4.75%
OM growth 3Y18.94%
OM growth 5Y-0.95%
PM growth 3Y26.26%
PM growth 5Y-7.01%
GM growth 3Y13.38%
GM growth 5Y2.77%
F-Score9
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.98 | ||
| Debt/EBITDA | 0.71 | ||
| Cap/Depr | 90.06% | ||
| Cap/Sales | 3.47% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.06% | ||
| Profit Quality | 155.23% | ||
| Current Ratio | 3.95 | ||
| Quick Ratio | 2.81 | ||
| Altman-Z | 3.54 |
F-Score9
WACC10.29%
ROIC/WACC0.63
Cap/Depr(3y)120.07%
Cap/Depr(5y)111.23%
Cap/Sales(3y)4.47%
Cap/Sales(5y)4.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.8%
EPS 3Y27.51%
EPS 5Y4.87%
EPS Q2Q%5.81%
EPS Next Y-7.41%
EPS Next 2Y6.25%
EPS Next 3Y-2.39%
EPS Next 5Y-2.09%
Revenue 1Y (TTM)5.84%
Revenue growth 3Y13.9%
Revenue growth 5Y12.01%
Sales Q2Q%2.84%
Revenue Next Year1.82%
Revenue Next 2Y3.16%
Revenue Next 3Y2.16%
Revenue Next 5Y2.67%
EBIT growth 1Y11.48%
EBIT growth 3Y35.48%
EBIT growth 5Y10.95%
EBIT Next Year33.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y341.3%
FCF growth 3YN/A
FCF growth 5Y-0.03%
OCF growth 1Y98.39%
OCF growth 3YN/A
OCF growth 5Y5.12%