WallStSmart

Almonty Industries Inc. Common Shares (ALM)vsNorthwest Pipe Company (NWPX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Northwest Pipe Company generates 569% more annual revenue ($574.44M vs $85.80M). ALM leads profitability with a 125.2% profit margin vs 8.5%. NWPX trades at a lower P/E of 21.8x. NWPX earns a higher WallStSmart Score of 64/100 (C+).

ALM

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 6.5Value: 4.0Quality: 5.5
Piotroski: 4/9Altman Z: 0.58

NWPX

Buy

64

out of 100

Grade: C+

Growth: 7.3Profit: 6.0Value: 4.0Quality: 9.0
Piotroski: 7/9Altman Z: 3.53
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ALM.

NWPXSignificantly Overvalued (-62.3%)

Margin of Safety

-62.3%

Fair Value

$46.36

Current Price

$104.64

$58.28 premium

UndervaluedFair: $46.36Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALM3 strengths · Avg: 10.0/10
Profit MarginProfitability
125.2%10/10

Keeps 125 of every $100 in revenue as profit

Operating MarginProfitability
37.5%10/10

Strong operational efficiency at 37.5%

Revenue GrowthGrowth
497.7%10/10

Revenue surging 497.7% year-over-year

NWPX5 strengths · Avg: 9.0/10
EPS GrowthGrowth
78.0%10/10

Earnings expanding 78.0% YoY

Altman Z-ScoreHealth
3.5310/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.249/10

Conservative balance sheet, low leverage

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
19.7%8/10

19.7% revenue growth

Areas to Watch

ALM4 concerns · Avg: 3.3/10
Price/BookValuation
10.7x4/10

Trading at 10.7x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Debt/EquityHealth
1.473/10

Elevated debt levels

P/E RatioValuation
87.3x2/10

Premium valuation, high expectations priced in

NWPX2 concerns · Avg: 3.5/10
PEG RatioValuation
1.954/10

Expensive relative to growth rate

Market CapQuality
$1.04B3/10

Smaller company, higher risk/reward

Comparative Analysis Report

WallStSmart Research

Bull Case : ALM

The strongest argument for ALM centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 125.2% and operating margin at 37.5%. Revenue growth of 497.7% demonstrates continued momentum.

Bull Case : NWPX

The strongest argument for NWPX centers on EPS Growth, Altman Z-Score, Debt/Equity. Revenue growth of 19.7% demonstrates continued momentum.

Bear Case : ALM

The primary concerns for ALM are Price/Book, EPS Growth, Debt/Equity. A P/E of 87.3x leaves little room for execution misses.

Bear Case : NWPX

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

Key Dynamics to Monitor

ALM carries more volatility with a beta of 1.39 — expect wider price swings.

ALM is growing revenue faster at 497.7% — sustainability is the question.

NWPX generates stronger free cash flow (10M), providing more financial flexibility.

Monitor OTHER INDUSTRIAL METALS & MINING industry trends, competitive dynamics, and regulatory changes.

Bottom Line

NWPX scores higher overall (64/100 vs 57/100) and 19.7% 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.

Almonty Industries Inc. Common Shares

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

Almonty Industries Inc. engages in mining, processing, and shipping of tungsten concentrates. The company is headquartered in Dillon, Montana.

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.

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