LMB vs NPKI

Limbach Holdings, Inc. vs NPK International Inc. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — LMB scores higher on quality with 8.4/10 vs NPKI's 8.0/10. LMB trades at $80.16 while NPKI trades at $14.59. Both analyzed daily using SEC EDGAR data across 13 institutional models.

LMB

Building Products & Equipment
Limbach Holdings, Inc.
Quality
8.4
out of 10
Value Trap
25
LOW
Price
$80.16
Last close
Models
11/13
Active
VS

NPKI

Building Products & Equipment
NPK International Inc.
Quality
8.0
out of 10
Value Trap
19
SAFE
Price
$14.59
Last close
Models
13/13
Active
LMB
Quality Score 8.4/10 — top tier
Limited to 2/13 visible models
NPKI
2 models active
Limited to 2/13 visible models

LMB vs NPKI — Fair Value Comparison

LMB
$0$32$63$95 Price$80.16 Bayesian …$24.13 (-69.9%) Earnings …$21.37 (-73.3%)
NPKI
$0$6$11$17 Price$14.59 Bayesian …$3.29 (-77.5%) Earnings …$1.96 (-86.5%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType LMB Fair ValueLMB Upside NPKI Fair ValueNPKI Upside
Bayesian DCF Intrinsic $24.13 -69.9% $3.29 -77.5%
Earnings Power Value Intrinsic $21.37 -73.3% $1.96 -86.5%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

LMB vs NPKI — Which Stock Is More Undervalued in 2026?

LMB scores higher with a 8.4/10 quality rating vs NPKI's 8.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do LMB and NPKI Valuations Compare?

At $80.16, LMB trades +69.9% above its Bayesian DCF fair value of $24.13, while NPKI at $14.59 trades +77.5% above its estimate of $3.29. NPKI shows a wider gap between price and intrinsic value.

Quality of Company: LMB vs NPKI

LMB earns a Quality of Company score of 8.4/10 compared to NPKI's 8.0/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: LMB vs NPKI

LMB carries a LOW value trap risk (25/100) while NPKI shows SAFE risk (19/100). Both companies show manageable value trap risk, suggesting their current valuations are not artificially depressed by fundamental deterioration.

Both in Building Products & Equipment

Both LMB and NPKI operate in Building Products & Equipment, which has 36 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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