NWPX INFRASTRUCTURE INC (NWPX) Stock Fundamental Analysis
NASDAQ:NWPX - Nasdaq - US6677461013 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to NWPX. NWPX was compared to 49 industry peers in the Construction & Engineering industry. NWPX has an excellent financial health rating, but there are some minor concerns on its profitability. NWPX is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make NWPX a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year NWPX was profitable.
NWPX had a positive operating cash flow in the past year.
NWPX had positive earnings in each of the past 5 years.
NWPX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
NWPX has a Return On Assets of 5.66%. This is in the better half of the industry: NWPX outperforms 71.43% of its industry peers.
NWPX's Return On Equity of 8.70% is in line compared 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.
NWPX had an Average Return On Invested Capital over the past 3 years of 6.35%. This 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
With a decent Profit Margin value of 6.65%, NWPX is doing good in the industry, outperforming 75.51% of the companies in the same industry.
NWPX's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 9.11%, NWPX is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
NWPX's Operating Margin has been stable in the last couple of years.
NWPX has a Gross Margin (19.10%) which 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NWPX is destroying value.
Compared to 1 year ago, NWPX has less shares outstanding
Compared to 5 years ago, NWPX has more shares outstanding
NWPX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.32 indicates that NWPX is not in any danger for bankruptcy at the moment.
NWPX has a Altman-Z score of 3.32. This is in the better half of the industry: NWPX outperforms 61.22% 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 has a Debt to FCF ratio of 0.59. This is amongst the best in the industry. NWPX outperforms 89.80% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that NWPX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.10, NWPX belongs to the top of the industry, outperforming 87.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.59 | ||
| Altman-Z | 3.32 |
ROIC/WACC0.69
WACC9.61%
2.3 Liquidity
NWPX has a Current Ratio of 4.02. This indicates that NWPX is financially healthy and has no problem in meeting its short term obligations.
NWPX has a Current ratio of 4.02. This is amongst the best in the industry. NWPX outperforms 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.
The Quick ratio of NWPX (2.76) is better than 97.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.02 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
NWPX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.39%, which is quite impressive.
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.
The Revenue has been growing by 12.01% on average over the past years. This is quite good.
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
NWPX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.09% yearly.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.40, NWPX is valued correctly.
Based on the Price/Earnings ratio, NWPX is valued cheaply inside the industry as 93.88% of the companies are valued more expensively.
NWPX is valuated cheaply when we compare the Price/Earnings ratio to 26.82, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.78, the valuation of NWPX can be described as very reasonable.
Based on the Price/Forward Earnings ratio, NWPX is valued cheaper than 93.88% of the companies in the same industry.
NWPX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.21.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.4 | ||
| Fwd PE | 10.78 |
4.2 Price Multiples
95.92% of the companies in the same industry are more expensive than NWPX, based on the Enterprise Value to EBITDA ratio.
97.96% of the companies in the same industry are more expensive than NWPX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.06 | ||
| EV/EBITDA | 6.96 |
4.3 Compensation for Growth
NWPX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.54
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 |
40.54
-1.24 (-2.97%)
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 Cap400.54M
Analysts80
Price Target54.4 (34.19%)
Short Float %2.25%
Short Ratio3.84
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 | 12.4 | ||
| Fwd PE | 10.78 | ||
| P/S | 0.81 | ||
| P/FCF | 6.06 | ||
| P/OCF | 4.66 | ||
| P/B | 1.06 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 6.96 |
EPS(TTM)3.27
EY8.07%
EPS(NY)3.76
Fwd EY9.28%
FCF(TTM)6.69
FCFY16.5%
OCF(TTM)8.7
OCFY21.47%
SpS50.15
BVpS38.31
TBVpS30.05
PEG (NY)N/A
PEG (5Y)2.54
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 | 3.32 |
F-Score9
WACC9.61%
ROIC/WACC0.69
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%