NWPX vs TWO

Comparison between Northwest Pipe Company (NWPX, Company) and Two Harbors Investment Corp (TWO, Company).

NWPX is from the Basic Materials sector, while TWO is from the Real Estate sector.

5-Year PerformanceNWPX has outperformed TWO, delivering a return of +37.3% compared to -3.6%

NWPX vs TWO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NWPX(COMPANY)	TWO(COMPANY)
Market Cap	$1.27B	$1.27B
Max Drawdown	87.71%	92.02%
Sharpe Ratio	2.86	0.82
5Y Beta	0.97	0.59
Industry	Steel	Reit - Mortgage
P/E Ratio	30.44	-3.66
Forward P/E	31.35	10.68
PEG Ratio	0.99	N/A
Dividend Yield	N/A	11.70%
5Y Dividends CAGR	N/A	-7.61%
5Y EPS CAGR	15.58%	N/A
Debt to Equity	2.66%	478.53%
Free Cash Flow Yield	5.63%	2.65%

Market Cap

Winner

NWPX

$1.27B

TWO

$1.27B

Max Drawdown

Winner

NWPX

87.71%

TWO

92.02%

Sharpe Ratio

Winner

NWPX

2.86

TWO

0.82

5Y Beta

NWPX

0.97

Winner

TWO

0.59

Industry

NWPX

Steel

TWO

Reit - Mortgage

P/E Ratio

NWPX

30.44

Winner

TWO

-3.66

Forward P/E

NWPX

31.35

Winner

TWO

10.68

PEG Ratio

NWPX

0.99

TWO

N/A

Dividend Yield

NWPX

N/A

TWO

11.70%

5Y Dividends CAGR

NWPX

N/A

TWO

-7.61%

5Y EPS CAGR

NWPX

15.58%

TWO

N/A

Debt to Equity

Winner

NWPX

2.66%

TWO

478.53%

Free Cash Flow Yield

Winner

NWPX

5.63%

TWO

2.65%

NWPX vs TWO - Historical Returns

Returns include dividend reinvestment.

Period	NWPX	TWO
1 month	+9.13%	+0.40%
3 months	+61.26%	+13.13%
6 months	+107.73%	+16.91%
1 year	+215.34%	+31.53%
5 years(CAGR)	+37.33%	-3.56%
10 years(CAGR)	+28.39%	-3.76%
Max(CAGR)	+8.78%	+2.42%

Winner

NWPX

+9.13%

TWO

+0.40%

Winner

NWPX

+61.26%

TWO

+13.13%

Winner

NWPX

+107.73%

TWO

+16.91%

Winner

NWPX

+215.34%

TWO

+31.53%

5Y(CAGR)

Winner

NWPX

+37.33%

TWO

-3.56%

10Y(CAGR)

Winner

NWPX

+28.39%

TWO

-3.76%

Max(CAGR)

Winner

NWPX

+8.78%

TWO

+2.42%

NWPX vs TWO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NWPX	TWO
2026	+109.77%	+24.84%
2025	+31.64%	+1.39%
2024	+60.17%	-2.38%
2023	-9.64%	-0.24%
2022	+7.26%	-25.38%
2021	+15.59%	+3.15%
2020	-14.68%	-52.49%
2019	+42.35%	+27.18%
2018	+21.05%	-9.54%
2017	+9.18%	+13.91%
2016	+54.86%	+18.53%
2015	-61.20%	-11.36%
2014	-20.67%	+17.20%
2013	+51.28%	-10.10%
2012	+2.05%	+39.18%
2011	-5.93%	+15.17%
2010	-13.31%	+17.22%
2009	-38.76%	+3.87%
2008	+10.93%	N/A
2007	+19.73%	N/A
2006	+24.98%	N/A
2005	+15.78%	N/A
2004	+84.13%	N/A
2003	-22.30%	N/A
2002	+6.79%	N/A
2001	+114.43%	N/A
2000	-49.55%	N/A
1999	+0.00%	N/A

NWPX vs TWO Drawdown Comparison

The maximum drawdown for NWPX was -87.71%, occurring on Feb 11, 2016. Recovery took 4307 trading sessions.

The maximum drawdown for TWO was -84.71%, occurring on Apr 3, 2020. This drawdown has not yet recovered.

The current NWPX drawdown is -11.82%. The current TWO drawdown is -56.28%.

Rank	NWPX	TWO
#1	-87.71% Sep 19, 2008 - Nov 3, 2025	-84.71% Feb 20, 2020 - Apr 3, 2020
#2	-63.69% Jun 28, 2002 - Dec 28, 2004	-31.39% Mar 26, 2013 - Feb 16, 2017
#3	-54.84% Jan 14, 2000 - Apr 5, 2001	-21.96% Oct 5, 2017 - Nov 8, 2019
#4	-29.48% Sep 7, 2001 - Dec 7, 2001	-20.98% Jul 6, 2011 - Feb 17, 2012
#5	-26.56% Apr 5, 2001 - Jun 13, 2001	-16.18% Oct 8, 2012 - Jan 2, 2013
#6	-26.23% Mar 31, 2006 - Aug 10, 2006	-13.53% Jan 4, 2010 - Sep 13, 2010
#7	-25.14% Sep 13, 2005 - Mar 31, 2006	-9.39% Oct 30, 2009 - Dec 8, 2009
#8	-25.01% Mar 15, 2005 - Jul 25, 2005	-7.76% Mar 9, 2011 - May 19, 2011
#9	-23.30% Mar 30, 2007 - Jan 15, 2008	-5.83% Jun 19, 2017 - Aug 31, 2017
#10	-20.38% Nov 2, 1999 - Jan 13, 2000	-4.86% Apr 27, 2012 - Jun 13, 2012
#11	-16.85% Jan 15, 2002 - Apr 17, 2002	-4.55% Apr 27, 2017 - Jun 1, 2017
#12	-16.41% Feb 20, 2007 - Mar 30, 2007	-4.05% May 19, 2011 - Jun 22, 2011
#13	-16.27% Jun 24, 2008 - Jul 25, 2008	-4.04% Dec 8, 2009 - Dec 30, 2009
#14	-15.70% Nov 3, 2025 - Dec 19, 2025	-3.91% Feb 19, 2013 - Feb 28, 2013
#15	-14.03% Jan 16, 2008 - Apr 1, 2008	-3.66% Dec 13, 2010 - Dec 30, 2010