NPK International Inc. (NPKI) vs Gibraltar Industries, Inc. (ROCK)

NPK International Inc. and Gibraltar Industries, Inc. are both Building Products & Equipment companies. Gibraltar Industries, Inc. is the larger, with a market value of $1.2B against $991.8M — 1.2× the size. Gibraltar Industries, Inc. has negative trailing earnings, so its P/E is not meaningful; NPK International Inc. trades at 23.4×. Gibraltar Industries, Inc. grew revenue faster over the last twelve months: 42.7% against 28.1%. NPK International Inc. has the higher net margin (14.2% vs −10.4%) and the higher return on invested capital (8.72% vs 3.28%). Across the 20 metrics below, NPK International Inc. leads on 12 and Gibraltar Industries, Inc. on 8.

Valuation

Metric NPKI ROCK Building Products & Equipment median
P/E 23.44 n/m 24.54
P/S 3.29 0.84 2.00
P/B 2.67 1.36 3.02
Price to free cash flow 33.83 28.29 18.49
EV/EBITDA 12.03 15.18 12.63
EV/Sales 3.30 1.67 2.14
Earnings yield 4.27% (12.45%) 2.74%
Free cash flow yield 2.96% 3.53% 3.58%

Profitability

Metric NPKI ROCK Building Products & Equipment median
Gross margin 35.81% 24.80% 29.19%
Operating margin 17.34% 7.61% 6.84%
Net margin 14.20% (10.43%) 4.05%
Free cash flow margin 9.74% 2.95% 8.72%
Return on equity 12.19% (15.61%) 9.28%
Return on assets 10.12% (7.06%) 2.88%
Return on invested capital 8.72% 3.28% 5.16%

Growth

Metric NPKI ROCK Building Products & Equipment median
Revenue growth (TTM) 28.09% 42.68% 3.11%
EPS growth (last fiscal year) 126.16% (133.18%) —
Revenue growth, 5-year CAGR (10.87%) 1.92% 5.37%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NPKI ROCK Building Products & Equipment median
Debt to equity 0.03 1.37 0.43
Current ratio 1.61 1.46 1.82
Net debt to EBITDA 0.16 (0.76) 0.98

Dividend

Metric NPKI ROCK Building Products & Equipment median
Dividend yield — — 1.20%
Payout ratio 0.00 0.00 0.04

Size

Metric NPKI ROCK Building Products & Equipment median
Market cap 991.75m 1.18b 1.18b

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