WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Steel Dynamics Inc generates 3356% more annual revenue ($18.18B vs $526.00M). NWPX leads profitability with a 6.7% profit margin vs 6.5%. NWPX appears more attractively valued with a PEG of 1.56. STLD earns a higher WallStSmart Score of 61/100 (C+).

NWPX

Buy

50

out of 100

Grade: C-

Growth: 4.0Profit: 5.5Value: 7.3Quality: 5.0

STLD

Buy

61

out of 100

Grade: C+

Growth: 6.0Profit: 5.5Value: 7.3Quality: 8.5
Piotroski: 3/9Altman Z: 3.80
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NWPXSignificantly Overvalued (-210.7%)

Margin of Safety

-210.7%

Fair Value

$24.21

Current Price

$76.78

$52.57 premium

UndervaluedFair: $24.21Overvalued
STLDUndervalued (+45.0%)

Margin of Safety

+45.0%

Fair Value

$373.93

Current Price

$173.47

$200.46 discount

UndervaluedFair: $373.93Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NWPX1 strengths · Avg: 8.0/10
Price/BookValuation
1.9x8/10

Reasonable price relative to book value

STLD3 strengths · Avg: 8.7/10
Altman Z-ScoreHealth
3.8010/10

Safe zone — low bankruptcy risk

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

EPS GrowthGrowth
34.7%8/10

Earnings expanding 34.7% YoY

Areas to Watch

NWPX4 concerns · Avg: 3.0/10
PEG RatioValuation
1.564/10

Expensive relative to growth rate

Market CapQuality
$730.72M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
6.7%3/10

6.7% margin — thin

EPS GrowthGrowth
-9.7%2/10

Earnings declined 9.7%

STLD3 concerns · Avg: 2.7/10
Profit MarginProfitability
6.5%3/10

6.5% 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 Price/Book.

Bull Case : STLD

The strongest argument for STLD centers on Altman Z-Score, Price/Book, EPS Growth. Revenue growth of 14.0% demonstrates continued momentum.

Bear Case : NWPX

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

Bear Case : STLD

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

Key Dynamics to Monitor

STLD carries more volatility with a beta of 1.40 — expect wider price swings.

STLD is growing revenue faster at 14.0% — sustainability is the question.

STLD generates stronger free cash flow (84M), providing more financial flexibility.

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

Bottom Line

STLD scores higher overall (61/100 vs 50/100) and 14.0% 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.

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