NORTHWEST PIPE COMPANY |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 31.81 USD | +1.02% |
|
-0.13% | +5.12% |
| Mar. 06 | DA Davidson Raises Price Target on Northwest Pipe to $40 From $37, Maintains Buy Rating | MT |
| Mar. 05 | Transcript : Northwest Pipe Company, Q4 2023 Earnings Call, Mar 05, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 324.7 | 277.5 | 313.9 | 334.6 | 303 | 315.6 | - | - |
| Enterprise Value (EV) 1 | 324.7 | 277.5 | 313.9 | 334.6 | 303 | 361.3 | 346.2 | 315.6 |
| P/E ratio | 11.7 x | 14.7 x | 27.4 x | 10.8 x | 14.5 x | 13.8 x | 11.4 x | 11.7 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.16 x | 0.97 x | 0.94 x | 0.73 x | 0.68 x | 0.69 x | 0.66 x | 0.65 x |
| EV / Revenue | 1.16 x | 0.97 x | 0.94 x | 0.73 x | 0.68 x | 0.78 x | 0.72 x | 0.65 x |
| EV / EBITDA | 7.84 x | 6.92 x | 10.6 x | 5.4 x | 6.1 x | 6.65 x | 5.7 x | - |
| EV / FCF | - | - | -16.5 x | -63.3 x | - | 16.9 x | 15.5 x | - |
| FCF Yield | - | - | -6.08% | -1.58% | - | 5.93% | 6.45% | - |
| Price to Book | - | - | - | 1.05 x | - | 0.87 x | 0.8 x | - |
| Nbr of stocks (in thousands) | 9,747 | 9,805 | 9,871 | 9,927 | 10,014 | 9,922 | - | - |
| Reference price 2 | 33.31 | 28.30 | 31.80 | 33.70 | 30.26 | 31.81 | 31.81 | 31.81 |
| Announcement Date | 3/2/20 | 3/3/21 | 3/15/22 | 3/15/23 | 3/4/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 279.3 | 285.9 | 333.3 | 457.7 | 444.4 | 460.3 | 480.5 | 485.4 |
| EBITDA 1 | 41.4 | 40.12 | 29.66 | 61.92 | 49.66 | 54.32 | 60.75 | - |
| EBIT 1 | 28.69 | 25.56 | 16.03 | 44.82 | 33.86 | 36.45 | 42.09 | 40.17 |
| Operating Margin | 10.27% | 8.94% | 4.81% | 9.79% | 7.62% | 7.92% | 8.76% | 8.28% |
| Earnings before Tax (EBT) 1 | 32.64 | 25.63 | 15.16 | 41.35 | 29.28 | 31.38 | 38.13 | 37.52 |
| Net income 1 | 27.9 | 19.05 | 11.52 | 31.15 | 21.07 | 23.35 | 28.32 | 28.14 |
| Net margin | 9.99% | 6.66% | 3.46% | 6.81% | 4.74% | 5.07% | 5.9% | 5.8% |
| EPS 2 | 2.850 | 1.930 | 1.160 | 3.110 | 2.090 | 2.313 | 2.793 | 2.710 |
| Free Cash Flow 1 | - | - | -19.07 | -5.289 | - | 21.42 | 22.33 | - |
| FCF margin | - | - | -5.72% | -1.16% | - | 4.65% | 4.65% | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | 39.43% | 36.75% | - |
| FCF Conversion (Net income) | - | - | - | - | - | 91.73% | 78.83% | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/2/20 | 3/3/21 | 3/15/22 | 3/15/23 | 3/4/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 84.64 | 102.5 | 109.3 | 118.5 | 123 | 106.8 | 99.1 | 116.4 | 118.7 | 110.2 | 103.8 | 117.8 | 123.3 | 115.5 | - |
| EBITDA 1 | 9.67 | 7.404 | 9.547 | 18.19 | 18.79 | 15.4 | 8.571 | 15.35 | 13.1 | 12.64 | 10.2 | 13.48 | 16 | 14.32 | 13.5 |
| EBIT 1 | 6.801 | 3.085 | 5.418 | 13.95 | 14.46 | 10.99 | 4.711 | 11.46 | 9.057 | 8.625 | 5.797 | 9.418 | 11.49 | 9.71 | - |
| Operating Margin | 8.03% | 3.01% | 4.96% | 11.77% | 11.76% | 10.28% | 4.75% | 9.85% | 7.63% | 7.83% | 5.58% | 8% | 9.32% | 8.41% | - |
| Earnings before Tax (EBT) 1 | 6.86 | 2.638 | 4.902 | 13.08 | 13.51 | 9.852 | 3.313 | 10.14 | 7.834 | 7.992 | 4.568 | 8.093 | 10.23 | 8.485 | - |
| Net income 1 | 4.946 | 2.271 | 3.559 | 9.673 | 9.956 | 7.961 | 2.362 | 7.448 | 5.818 | 5.444 | 3.385 | 6.045 | 7.595 | 6.325 | - |
| Net margin | 5.84% | 2.21% | 3.26% | 8.16% | 8.1% | 7.45% | 2.38% | 6.4% | 4.9% | 4.94% | 3.26% | 5.13% | 6.16% | 5.48% | - |
| EPS 2 | 0.5000 | 0.2300 | 0.3600 | 0.9700 | 0.9900 | 0.7900 | 0.2300 | 0.7400 | 0.5800 | 0.5400 | 0.3367 | 0.6000 | 0.7533 | 0.6233 | 0.3100 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/8/21 | 3/15/22 | 5/4/22 | 8/8/22 | 11/8/22 | 3/15/23 | 5/3/23 | 8/2/23 | 11/2/23 | 3/4/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | 45.7 | 30.6 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | 0.8414 x | 0.5037 x | - |
| Free Cash Flow 1 | - | - | -19.1 | -5.29 | - | 21.4 | 22.3 | - |
| ROE (net income / shareholders' equity) | - | - | - | 11.2% | - | 6.2% | 7.6% | - |
| ROA (Net income/ Total Assets) | - | - | - | 5.85% | - | 3.6% | 4.6% | - |
| Assets 1 | - | - | - | 532.8 | - | 648.6 | 615.7 | - |
| Book Value Per Share 2 | - | - | - | 32.10 | - | 36.40 | 39.70 | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | - | - | 13.3 | 22.8 | - | 21.5 | 22 | 22 |
| Capex / Sales | - | - | 3.98% | 4.99% | - | 4.67% | 4.58% | 4.53% |
| Announcement Date | 3/2/20 | 3/3/21 | 3/15/22 | 3/15/23 | 3/4/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
31.81
USD
Average target price
41.33
USD
Spread / Average Target
+29.94%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.12% | 316M | |
| +0.79% | 42.1B | |
| +18.89% | 24.83B | |
| -21.02% | 21.75B | |
| +13.50% | 21.17B | |
| -7.50% | 20.77B | |
| +6.81% | 9.44B | |
| -12.44% | 8.5B | |
| -23.08% | 8.41B | |
| +36.31% | 8.35B |
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- Financials Northwest Pipe Company
