WallStSmart

Northwest Pipe Company (NWPX)vsReliance Steel & Aluminum Co (RS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Reliance Steel & Aluminum Co generates 2652% more annual revenue ($15.81B vs $574.44M). NWPX leads profitability with a 8.5% profit margin vs 5.7%. NWPX appears more attractively valued with a PEG of 1.95. RS earns a higher WallStSmart Score of 65/100 (C+).

NWPX

Buy

64

out of 100

Grade: C+

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

RS

Buy

65

out of 100

Grade: C+

Growth: 6.7Profit: 5.5Value: 5.0Quality: 8.5
Piotroski: 3/9Altman Z: 4.41
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NWPXSignificantly Overvalued (-62.3%)

Margin of Safety

-62.3%

Fair Value

$46.36

Current Price

$104.64

$58.28 premium

UndervaluedFair: $46.36Overvalued

Intrinsic value data unavailable for RS.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

RS5 strengths · Avg: 8.6/10
Altman Z-ScoreHealth
4.4110/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.279/10

Conservative balance sheet, low leverage

Price/BookValuation
2.7x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
26.5%8/10

Revenue surging 26.5% year-over-year

EPS GrowthGrowth
42.3%8/10

Earnings expanding 42.3% YoY

Areas to Watch

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

RS3 concerns · Avg: 3.3/10
PEG RatioValuation
2.294/10

Expensive relative to growth rate

Profit MarginProfitability
5.7%3/10

5.7% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

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 19.7% demonstrates continued momentum.

Bull Case : RS

The strongest argument for RS centers on Altman Z-Score, Debt/Equity, Price/Book. Revenue growth of 26.5% demonstrates continued momentum.

Bear Case : NWPX

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

Bear Case : RS

The primary concerns for RS are PEG Ratio, Profit Margin, Piotroski F-Score.

Key Dynamics to Monitor

NWPX carries more volatility with a beta of 1.10 — expect wider price swings.

RS is growing revenue faster at 26.5% — sustainability is the question.

RS generates stronger free cash flow (69M), providing more financial flexibility.

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

Bottom Line

RS scores higher overall (65/100 vs 64/100) and 26.5% 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.

Reliance Steel & Aluminum Co

BASIC MATERIALS · STEEL · USA

Reliance Steel & Aluminum Co. is a metal service center company. The company is headquartered in Los Angeles, California.

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