WallStSmart

Northwest Pipe Company (NWPX)vsSteel Dynamics Inc (STLD)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Steel Dynamics Inc generates 3368% more annual revenue ($19.01B vs $548.14M). NWPX leads profitability with a 7.7% profit margin vs 7.2%. NWPX appears more attractively valued with a PEG of 2.45. STLD earns a higher WallStSmart Score of 60/100 (C).

NWPX

Buy

57

out of 100

Grade: C

Growth: 7.3Profit: 5.5Value: 4.0Quality: 9.0
Piotroski: 7/9Altman Z: 3.54

STLD

Buy

60

out of 100

Grade: C

Growth: 6.7Profit: 5.5Value: 3.7Quality: 8.0
Piotroski: 3/9Altman Z: 3.80
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NWPXSignificantly Overvalued (-78.6%)

Margin of Safety

-78.6%

Fair Value

$42.13

Current Price

$117.76

$75.63 premium

UndervaluedFair: $42.13Overvalued

Intrinsic value data unavailable for STLD.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NWPX5 strengths · Avg: 9.0/10
EPS GrowthGrowth
176.9%10/10

Earnings expanding 176.9% YoY

Altman Z-ScoreHealth
3.5410/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.259/10

Conservative balance sheet, low leverage

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
19.1%8/10

19.1% revenue growth

STLD3 strengths · Avg: 9.3/10
EPS GrowthGrowth
93.1%10/10

Earnings expanding 93.1% YoY

Altman Z-ScoreHealth
3.8010/10

Safe zone — low bankruptcy risk

Revenue GrowthGrowth
19.1%8/10

19.1% revenue growth

Areas to Watch

NWPX4 concerns · Avg: 3.5/10
PEG RatioValuation
2.454/10

Expensive relative to growth rate

P/E RatioValuation
28.6x4/10

Moderate valuation

Market CapQuality
$1.17B3/10

Smaller company, higher risk/reward

Profit MarginProfitability
7.7%3/10

7.7% margin — thin

STLD4 concerns · Avg: 3.0/10
P/E RatioValuation
30.3x4/10

Premium valuation, high expectations priced in

Profit MarginProfitability
7.2%3/10

7.2% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
10.912/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : NWPX

The strongest argument for NWPX centers on EPS Growth, Altman Z-Score, Debt/Equity. Revenue growth of 19.1% demonstrates continued momentum.

Bull Case : STLD

The strongest argument for STLD centers on EPS Growth, Altman Z-Score, Revenue Growth. Revenue growth of 19.1% demonstrates continued momentum.

Bear Case : NWPX

The primary concerns for NWPX are PEG Ratio, P/E Ratio, Market Cap.

Bear Case : STLD

The primary concerns for STLD are P/E Ratio, Profit Margin, Piotroski F-Score.

Key Dynamics to Monitor

STLD carries more volatility with a beta of 1.52 — expect wider price swings.

STLD is growing revenue faster at 19.1% — sustainability is the question.

NWPX generates stronger free cash flow (26M), providing more financial flexibility.

Monitor STEEL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

STLD scores higher overall (60/100 vs 57/100) and 19.1% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Northwest Pipe Company

BASIC MATERIALS · STEEL · USA

Northwest Pipe Company manufactures and supplies engineered welded steel pipe systems in North America. The company is headquartered in Vancouver, Washington.

Steel Dynamics Inc

BASIC MATERIALS · STEEL · USA

Steel Dynamics, Inc., is a steel producer and metal recycler in the United States.

Want to dig deeper into these stocks?