NWPX INFRASTRUCTURE INC (NWPX) Stock Fundamental Analysis
NASDAQ:NWPX - Nasdaq - US6677461013 - Common Stock - Currency: USD
Taking everything into account, NWPX scores 6 out of 10 in our fundamental rating. NWPX was compared to 49 industry peers in the Construction & Engineering industry. While NWPX has a great health rating, its profitability is only average at the moment. A decent growth rate in combination with a cheap valuation! Better keep an eye on NWPX. This makes NWPX very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year NWPX was profitable.
In the past year NWPX had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 5.66%, NWPX is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
NWPX has a Return On Equity of 8.70%. This is comparable to the rest of the industry: NWPX outperforms 59.18% of its industry peers.
NWPX has a Return On Invested Capital of 6.65%. This is comparable to the rest of the industry: NWPX outperforms 59.18% 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 16.70%.
The 3 year average ROIC (6.35%) for NWPX is below the current ROIC(6.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.66% | ||
| ROE | 8.7% | ||
| ROIC | 6.65% |
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's Profit Margin of 6.65% is fine compared to the rest of the industry. NWPX outperforms 75.51% of its industry peers.
In the last couple of years the Profit Margin of NWPX has declined.
With a decent Operating Margin value of 9.11%, NWPX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of NWPX has remained more or less at the same level.
The Gross Margin of NWPX (19.10%) is comparable to the rest of the industry.
NWPX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.11% | ||
| PM (TTM) | 6.65% | ||
| GM | 19.1% |
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
NWPX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
NWPX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, NWPX has more shares outstanding
The debt/assets ratio for NWPX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.34 indicates that NWPX is not in any danger for bankruptcy at the moment.
NWPX's Altman-Z score of 3.34 is in line compared to the rest of the industry. NWPX outperforms 59.18% of its industry peers.
The Debt to FCF ratio of NWPX is 0.59, which is an excellent value as it means it would take NWPX, only 0.59 years of fcf income to pay off all of its debts.
NWPX's Debt to FCF ratio of 0.59 is amongst the best of the industry. NWPX outperforms 89.80% of its industry peers.
NWPX has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of NWPX (0.10) is better than 87.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.59 | ||
| Altman-Z | 3.34 |
ROIC/WACC0.59
WACC11.25%
2.3 Liquidity
A Current Ratio of 4.02 indicates that NWPX has no problem at all paying its short term obligations.
NWPX has a better Current ratio (4.02) than 97.96% of its industry peers.
NWPX has a Quick Ratio of 2.76. This indicates that NWPX is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.76, NWPX belongs to the top of the industry, outperforming 97.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.02 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.39% 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.
The Revenue has grown by 8.06% in the past year. This is quite good.
Measured over the past years, NWPX shows a quite strong growth in Revenue. The Revenue has been growing by 12.01% on average per year.
EPS 1Y (TTM)37.39%
EPS 3Y27.51%
EPS 5Y4.87%
EPS Q2Q%-25%
Revenue 1Y (TTM)8.06%
Revenue growth 3Y13.9%
Revenue growth 5Y12.01%
Sales Q2Q%2.56%
3.2 Future
The Earnings Per Share is expected to decrease by -2.09% on average over the next years.
NWPX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.19% yearly.
EPS Next Y-11.7%
EPS Next 2Y5.17%
EPS Next 3Y0.07%
EPS Next 5Y-2.09%
Revenue Next Year-0.72%
Revenue Next 2Y2.62%
Revenue Next 3Y2.13%
Revenue Next 5Y2.19%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 12.99, the valuation of NWPX can be described as correct.
Based on the Price/Earnings ratio, NWPX is valued cheaper than 95.92% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.05, NWPX is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.30, the valuation of NWPX can be described as very reasonable.
Based on the Price/Forward Earnings ratio, NWPX is valued cheaply inside the industry as 93.88% of the companies are valued more expensively.
NWPX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.99 | ||
| Fwd PE | 11.3 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NWPX indicates a rather cheap valuation: NWPX is cheaper than 100.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, NWPX is valued cheaply inside the industry as 97.96% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.35 | ||
| EV/EBITDA | 7.03 |
4.3 Compensation for Growth
The decent profitability rating of NWPX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.67
EPS Next 2Y5.17%
EPS Next 3Y0.07%
5. Dividend
5.1 Amount
NWPX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
42.48
+0.21 (+0.5%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners83.71%
Inst Owner Change-0.47%
Ins Owners3.14%
Ins Owner Change6.29%
Market Cap419.70M
Analysts80
Price Target54.4 (28.06%)
Short Float %2.18%
Short Ratio3.59
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)-10.41%
Min EPS beat(2)-28.08%
Max EPS beat(2)7.26%
EPS beat(4)3
Avg EPS beat(4)6.9%
Min EPS beat(4)-28.08%
Max EPS beat(4)33.06%
EPS beat(8)5
Avg EPS beat(8)8.21%
EPS beat(12)8
Avg EPS beat(12)9.55%
EPS beat(16)11
Avg EPS beat(16)12.42%
Revenue beat(2)1
Avg Revenue beat(2)-0.41%
Min Revenue beat(2)-2.54%
Max Revenue beat(2)1.71%
Revenue beat(4)3
Avg Revenue beat(4)1.72%
Min Revenue beat(4)-2.54%
Max Revenue beat(4)7.35%
Revenue beat(8)5
Avg Revenue beat(8)1.23%
Revenue beat(12)7
Avg Revenue beat(12)1.42%
Revenue beat(16)11
Avg Revenue beat(16)3.02%
PT rev (1m)0%
PT rev (3m)-6.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25.79%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.99 | ||
| Fwd PE | 11.3 | ||
| P/S | 0.85 | ||
| P/FCF | 6.35 | ||
| P/OCF | 4.88 | ||
| P/B | 1.11 | ||
| P/tB | 1.41 | ||
| EV/EBITDA | 7.03 |
EPS(TTM)3.27
EY7.7%
EPS(NY)3.76
Fwd EY8.85%
FCF(TTM)6.69
FCFY15.75%
OCF(TTM)8.7
OCFY20.49%
SpS50.15
BVpS38.31
TBVpS30.05
PEG (NY)N/A
PEG (5Y)2.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.66% | ||
| ROE | 8.7% | ||
| ROCE | 8.71% | ||
| ROIC | 6.65% | ||
| ROICexc | 6.72% | ||
| ROICexgc | 7.99% | ||
| OM | 9.11% | ||
| PM (TTM) | 6.65% | ||
| GM | 19.1% | ||
| FCFM | 13.34% |
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 Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.59 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 104.3% | ||
| Cap/Sales | 4.02% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 133.93% | ||
| Profit Quality | 200.68% | ||
| Current Ratio | 4.02 | ||
| Quick Ratio | 2.76 | ||
| Altman-Z | 3.34 |
F-Score9
WACC11.25%
ROIC/WACC0.59
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)37.39%
EPS 3Y27.51%
EPS 5Y4.87%
EPS Q2Q%-25%
EPS Next Y-11.7%
EPS Next 2Y5.17%
EPS Next 3Y0.07%
EPS Next 5Y-2.09%
Revenue 1Y (TTM)8.06%
Revenue growth 3Y13.9%
Revenue growth 5Y12.01%
Sales Q2Q%2.56%
Revenue Next Year-0.72%
Revenue Next 2Y2.62%
Revenue Next 3Y2.13%
Revenue Next 5Y2.19%
EBIT growth 1Y18.7%
EBIT growth 3Y35.48%
EBIT growth 5Y10.95%
EBIT Next Year38.63%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y246.56%
FCF growth 3YN/A
FCF growth 5Y-0.03%
OCF growth 1Y103.91%
OCF growth 3YN/A
OCF growth 5Y5.12%