NWPX Infrastructure, Inc., together with its subsidiaries, manufactures and sells water-related infrastructure products in the United States and Canada.
Screened 2026-09-16 · the tape above runs as of 15:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markdown label.
NWPX Infrastructure, Inc. holds its Markdown at $102.35. Consolidating, no directional conviction, held for 19 days.
As held on the ledger · 2026-09-16
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 19 days
Price at the screen
$102.35
Valuation
20.51 trailing · 19.55 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.10
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
17.74%
Below 33%
Interest-bearing debt is just 17.7% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
13.88%
Below 49%
Money owed to the company is 13.9% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-16 screen. The gold marker is the market price at the same screen. The price runs 25.6% above the base estimate.
Third-party analyst targets: 3 covering, consensus None. The average target sits +6% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-16 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Water pipes firm priced well beyond reality
Every time a municipal contract lands for steel water mains the revenue pops, yet the business still sits in a sector where demand swings with budgets and commodity prices. NWPX trades at 138 dollars against a fair value near 75 dollars, a forward multiple of 27 times earnings and a negative margin of safety. That leaves little room for the cyclical swings that define steel and infrastructure work.
Growth has run at 19 percent recently with an 8 percent profit margin and 11 percent return on equity, yet none of those figures justify paying well above the 108 dollar analyst target in a hold-rated name. The moat remains unknown and the industry shows classic peak-earnings traits where high multiples often signal the top of the cycle rather than a bargain.
Valuation risk dominates here even though the ethical screen clears. A cyclical business already reflecting optimistic assumptions leaves investors exposed if spending slows or input costs rise. Analysis, not advice.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
NWPX trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-08Markdown · changed$114.28-17.3%Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 17.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 74% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 209%. Our forward projection puts the odds of a 10% gain over the next month near 41%. The street (2 analysts) rates it none, with a mean price target of $99.
2026-08-07Markup$138.20+7.3%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 7.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 74% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 209%. Our forward projection puts the odds of a 10% gain over the next month near 41%. The street (2 analysts) rates it none, with a mean price target of $99.
2026-07-18Markup$128.85+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 74% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 209%. Our forward projection puts the odds of a 10% gain over the next month near 41%. The street (2 analysts) rates it none, with a mean price target of $99.
2026-07-03Markup$128.85+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markup$128.85Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
