What is NWPX Infrastructure, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on NWPX Infrastructure, Inc.'s reported free cash flow gives $139.22 per share. The share price was $91.51 on November 10, 2026, 34% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 8.0% | 10.0% | $84.67 | -7% |
| Base | 13.0% | 9.0% | $139.22 | +52% |
| Bull | 18.0% | 8.0% | $240.87 | +163% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $180.09 | $192.78 | $208.30 | $227.69 | $252.62 |
| 8.0% | $149.43 | $157.66 | $167.38 | $179.06 | $193.32 |
| 9.0% | $127.10 | $132.72 | $139.22 | $146.79 | $155.74 |
| 10.0% | $110.15 | $114.15 | $118.69 | $123.87 | $129.85 |
| 11.0% | $96.87 | $99.81 | $103.09 | $106.77 | $110.96 |
Where the presets come from
Base: years 1 to 5 grow at NWPX Infrastructure, Inc.'s revenue growth rate over the last 5 fiscal years (13.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions