Northwest Pipe Company
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
17.8419.4820.2420.81
Price/Sales ratio
1.051.071.061.07
Earnings per Share (EPS)
$2.89$2.65$2.55$2.48

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-15.99-3.64-17.65-17.9511.1511.6214.5427.1910.7214.349.2711.62
Price/Sales ratio
0.700.451.041.371.311.160.960.940.730.680.631.16
Price/Book Value ratio
1.160.490.780.911.031.301.021.101.040.880.901.30
Price/Cash Flow ratio
8.161.93107.63-24.27-12.317.564.93-53.9219.045.6516.46-12.31
Price/Free Cash Flow ratio
13.782.29-211.50-17.59-10.209.456.63-16.42-59.498.59-51.429.45
Price/Earnings Growth ratio
-0.00-0.050.25-1.95-0.030.31-0.45-0.670.06-0.430.05-0.03
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
10.06%-5.33%-2.06%4.38%7.02%16.89%17.66%13.27%18.75%17.47%18.75%7.02%
Operating Profit Margin
0.04%-16.99%-8.66%-6.92%-1.72%7.30%4.20%0.82%6.07%7.61%9.79%-1.72%
Pretax Profit Margin
-0.37%-17.47%-8.97%-7.14%9.91%11.68%8.96%4.54%9.03%6.58%9.03%11.68%
Net Profit Margin
-4.43%-12.42%-5.92%-7.65%11.79%9.98%6.66%3.45%6.80%4.74%6.80%9.98%
Effective Tax Rate
-305.58%28.90%33.92%11.58%-19.06%14.51%25.68%23.98%24.66%28.03%24.66%-19.06%
Return on Assets
-5.08%-11.33%-3.83%-4.41%7.48%8.99%5.10%2.10%5.17%3.52%5.17%8.99%
Return On Equity
-7.28%-13.50%-4.42%-5.07%9.29%11.24%7.06%4.06%9.78%6.19%10.28%9.29%
Return on Capital Employed
0.06%-16.90%-6.06%-4.31%-1.23%7.59%3.67%0.56%5.44%6.74%8.77%-1.23%
Liquidity Ratios
Current Ratio
6.605.346.048.275.064.694.18N/AN/AN/A3.064.69
Quick Ratio
4.143.975.017.273.813.953.542.632.281.882.163.95
Cash ratio
0.010.471.172.560.210.740.820.040.040.040.040.74
Days of Sales Outstanding
98.81108.22161.68202.02230.39168.84152.76175.02154.19138.13154.19168.84
Days of Inventory outstanding
73.2343.1643.5649.0389.7948.1945.2475.3269.7290.8069.7248.19
Operating Cycle
172.05151.39205.25251.05320.19217.04198.01250.35223.92228.93107.74217.04
Days of Payables Outstanding
15.576.9412.0521.6245.1124.3620.1440.7426.4730.9926.4724.36
Cash Conversion Cycle
156.47144.45193.20229.43275.07192.68177.86209.60197.44197.93144.91192.68
Debt Ratios
Debt Ratio
0.130.000.00N/A0.04N/A0.030.150.150.100.470.04
Debt Equity Ratio
0.190.000.00N/A0.05N/A0.050.300.290.190.880.05
Long-term Debt to Capitalization
0.15N/AN/AN/A0.04N/A0.020.230.200.130.350.04
Total Debt to Capitalization
0.160.000.00N/A0.05N/A0.040.230.220.160.370.05
Interest Coverage Ratio
7.10-25.12-39.01-16.97-7.8360.7827.40N/AN/AN/A12.56-7.83
Cash Flow to Debt Ratio
0.73162.374.67N/A-1.54N/A4.12-0.060.180.810.09-1.54
Company Equity Multiplier
1.431.191.151.151.241.251.381.931.881.751.881.24
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.230.00-0.05-0.100.150.19-0.010.030.120.03-0.10
Free Cash Flow / Operating Cash Flow Ratio
0.590.84-0.501.371.200.790.743.28-0.320.65-0.320.79
Cash Flow Coverage Ratio
0.73162.374.67N/A-1.54N/A4.12-0.060.180.810.09-1.54
Short Term Coverage Ratio
16.14162.374.67N/A-44.23N/A7.28N/A1.634.961.13-44.23
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A