NORTH AMER CONSTRUCTION (NOA-DB-A.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:NOA-DB-A • CA656811AB23

100.6 CAD
+0.1 (+0.1%)
Last: Feb 4, 2026, 07:00 PM
Fundamental Rating

3

NOA-DB-A gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 27 industry peers in the Energy Equipment & Services industry. While NOA-DB-A is still in line with the averages on profitability rating, there are concerns on its financial health. NOA-DB-A is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year NOA-DB-A was profitable.
  • NOA-DB-A had a positive operating cash flow in the past year.
  • In the past 5 years NOA-DB-A has always been profitable.
  • Each year in the past 5 years NOA-DB-A had a positive operating cash flow.
NOA-DB-A.CA Yearly Net Income VS EBIT VS OCF VS FCFNOA-DB-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.06%, NOA-DB-A is doing worse than 62.96% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 8.18%, NOA-DB-A is in line with its industry, outperforming 44.44% of the companies in the same industry.
  • NOA-DB-A has a Return On Invested Capital of 5.59%. This is comparable to the rest of the industry: NOA-DB-A outperforms 40.74% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for NOA-DB-A is significantly below the industry average of 177.00%.
Industry RankSector Rank
ROA 2.06%
ROE 8.18%
ROIC 5.59%
ROA(3y)4.52%
ROA(5y)5.07%
ROE(3y)17.02%
ROE(5y)17.87%
ROIC(3y)6.92%
ROIC(5y)5.82%
NOA-DB-A.CA Yearly ROA, ROE, ROICNOA-DB-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

1.3 Margins

  • NOA-DB-A has a worse Profit Margin (3.00%) than 62.96% of its industry peers.
  • NOA-DB-A's Profit Margin has declined in the last couple of years.
  • NOA-DB-A has a Operating Margin (8.68%) which is comparable to the rest of the industry.
  • NOA-DB-A's Operating Margin has improved in the last couple of years.
  • NOA-DB-A's Gross Margin of 12.88% is on the low side compared to the rest of the industry. NOA-DB-A is outperformed by 74.07% of its industry peers.
  • NOA-DB-A's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 8.68%
PM (TTM) 3%
GM 12.88%
OM growth 3Y27.21%
OM growth 5Y10.09%
PM growth 3Y-21.64%
PM growth 5Y-5.91%
GM growth 3Y14.79%
GM growth 5Y6.09%
NOA-DB-A.CA Yearly Profit, Operating, Gross MarginsNOA-DB-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NOA-DB-A is destroying value.
  • Compared to 1 year ago, NOA-DB-A has about the same amount of shares outstanding.
  • NOA-DB-A has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for NOA-DB-A is higher compared to a year ago.
NOA-DB-A.CA Yearly Shares OutstandingNOA-DB-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
NOA-DB-A.CA Yearly Total Debt VS Total AssetsNOA-DB-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • NOA-DB-A has an Altman-Z score of 2.25. This is not the best score and indicates that NOA-DB-A is in the grey zone with still only limited risk for bankruptcy at the moment.
  • NOA-DB-A has a Altman-Z score of 2.25. This is in the better half of the industry: NOA-DB-A outperforms 62.96% of its industry peers.
  • NOA-DB-A has a Debt/Equity ratio of 1.59. This is a high value indicating a heavy dependency on external financing.
  • NOA-DB-A has a worse Debt to Equity ratio (1.59) than 85.19% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.59
Debt/FCF N/A
Altman-Z 2.25
ROIC/WACC0.69
WACC8.1%
NOA-DB-A.CA Yearly LT Debt VS Equity VS FCFNOA-DB-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 0.91 indicates that NOA-DB-A may have some problems paying its short term obligations.
  • The Current ratio of NOA-DB-A (0.91) is worse than 81.48% of its industry peers.
  • NOA-DB-A has a Quick Ratio of 0.91. This is a bad value and indicates that NOA-DB-A is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.73, NOA-DB-A is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.91
Quick Ratio 0.73
NOA-DB-A.CA Yearly Current Assets VS Current LiabilitesNOA-DB-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

4

3. Growth

3.1 Past

  • NOA-DB-A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -38.61%.
  • NOA-DB-A shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.82% yearly.
  • Looking at the last year, NOA-DB-A shows a quite strong growth in Revenue. The Revenue has grown by 8.24% in the last year.
  • NOA-DB-A shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.15% yearly.
EPS 1Y (TTM)-38.61%
EPS 3Y21.88%
EPS 5Y19.82%
EPS Q2Q%-42.74%
Revenue 1Y (TTM)8.24%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%10.59%

3.2 Future

  • The Earnings Per Share is expected to decrease by -1.53% on average over the next years.
  • Based on estimates for the next years, NOA-DB-A will show a small growth in Revenue. The Revenue will grow by 7.95% on average per year.
EPS Next Y-45.91%
EPS Next 2Y-8.75%
EPS Next 3Y-1.53%
EPS Next 5YN/A
Revenue Next Year12.31%
Revenue Next 2Y9.91%
Revenue Next 3Y7.95%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
NOA-DB-A.CA Yearly Revenue VS EstimatesNOA-DB-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
NOA-DB-A.CA Yearly EPS VS EstimatesNOA-DB-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 45.52, which means the current valuation is very expensive for NOA-DB-A.
  • 66.67% of the companies in the same industry are cheaper than NOA-DB-A, based on the Price/Earnings ratio.
  • NOA-DB-A is valuated expensively when we compare the Price/Earnings ratio to 27.92, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 32.39, which means the current valuation is very expensive for NOA-DB-A.
  • The rest of the industry has a similar Price/Forward Earnings ratio as NOA-DB-A.
  • When comparing the Price/Forward Earnings ratio of NOA-DB-A to the average of the S&P500 Index (27.78), we can say NOA-DB-A is valued inline with the index average.
Industry RankSector Rank
PE 45.52
Fwd PE 32.39
NOA-DB-A.CA Price Earnings VS Forward Price EarningsNOA-DB-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • NOA-DB-A's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. NOA-DB-A is more expensive than 85.19% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.6
NOA-DB-A.CA Per share dataNOA-DB-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)2.3
EPS Next 2Y-8.75%
EPS Next 3Y-1.53%

5

5. Dividend

5.1 Amount

  • NOA-DB-A has a Yearly Dividend Yield of 2.29%. Purely for dividend investing, there may be better candidates out there.
  • NOA-DB-A's Dividend Yield is rather good when compared to the industry average which is at 1.16. NOA-DB-A pays more dividend than 81.48% of the companies in the same industry.
  • NOA-DB-A's Dividend Yield is a higher than the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 2.29%

5.2 History

  • The dividend of NOA-DB-A is nicely growing with an annual growth rate of 31.86%!
  • NOA-DB-A does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)31.86%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • NOA-DB-A pays out 32.95% of its income as dividend. This is a sustainable payout ratio.
DP32.95%
EPS Next 2Y-8.75%
EPS Next 3Y-1.53%
NOA-DB-A.CA Yearly Income VS Free CF VS DividendNOA-DB-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M 60M -60M
NOA-DB-A.CA Dividend Payout.NOA-DB-A.CA Dividend Payout, showing the Payout Ratio.NOA-DB-A.CA Dividend Payout.PayoutRetained Earnings

NORTH AMER CONSTRUCTION

TSX:NOA-DB-A (2/4/2026, 7:00:00 PM)

100.6

+0.1 (+0.1%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-12
Earnings (Next)02-18
Inst Owners66.82%
Inst Owner ChangeN/A
Ins Owners10.06%
Ins Owner ChangeN/A
Market Cap2.92B
Revenue(TTM)1.28B
Net Income(TTM)38.52M
Analysts77.78
Price Target161.07 (60.11%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.29%
Yearly Dividend0.4
Dividend Growth(5Y)31.86%
DP32.95%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-59.29%
Min EPS beat(2)-97.55%
Max EPS beat(2)-21.03%
EPS beat(4)0
Avg EPS beat(4)-38.46%
Min EPS beat(4)-97.55%
Max EPS beat(4)-1.79%
EPS beat(8)2
Avg EPS beat(8)-19.74%
EPS beat(12)5
Avg EPS beat(12)-5.8%
EPS beat(16)6
Avg EPS beat(16)-7.94%
Revenue beat(2)0
Avg Revenue beat(2)-7.6%
Min Revenue beat(2)-9.99%
Max Revenue beat(2)-5.2%
Revenue beat(4)1
Avg Revenue beat(4)-2.45%
Min Revenue beat(4)-9.99%
Max Revenue beat(4)8.8%
Revenue beat(8)1
Avg Revenue beat(8)-5.67%
Revenue beat(12)4
Avg Revenue beat(12)-3.86%
Revenue beat(16)5
Avg Revenue beat(16)-3.79%
PT rev (1m)0%
PT rev (3m)7.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.66%
EPS NY rev (1m)-0.37%
EPS NY rev (3m)-13.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.29%
Valuation
Industry RankSector Rank
PE 45.52
Fwd PE 32.39
P/S 2.28
P/FCF N/A
P/OCF 9.54
P/B 6.21
P/tB 6.35
EV/EBITDA 11.6
EPS(TTM)2.21
EY2.2%
EPS(NY)3.11
Fwd EY3.09%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)10.54
OCFY10.48%
SpS44.18
BVpS16.21
TBVpS15.84
PEG (NY)N/A
PEG (5Y)2.3
Graham Number28.39
Profitability
Industry RankSector Rank
ROA 2.06%
ROE 8.18%
ROCE 7.62%
ROIC 5.59%
ROICexc 6.01%
ROICexgc 6.06%
OM 8.68%
PM (TTM) 3%
GM 12.88%
FCFM N/A
ROA(3y)4.52%
ROA(5y)5.07%
ROE(3y)17.02%
ROE(5y)17.87%
ROIC(3y)6.92%
ROIC(5y)5.82%
ROICexc(3y)7.45%
ROICexc(5y)6.21%
ROICexgc(3y)7.51%
ROICexgc(5y)6.25%
ROCE(3y)9.42%
ROCE(5y)7.93%
ROICexgc growth 3Y25.02%
ROICexgc growth 5Y5.06%
ROICexc growth 3Y24.95%
ROICexc growth 5Y4.89%
OM growth 3Y27.21%
OM growth 5Y10.09%
PM growth 3Y-21.64%
PM growth 5Y-5.91%
GM growth 3Y14.79%
GM growth 5Y6.09%
F-Score5
Asset Turnover0.69
Health
Industry RankSector Rank
Debt/Equity 1.59
Debt/FCF N/A
Debt/EBITDA 2.33
Cap/Depr 149.18%
Cap/Sales 24.33%
Interest Coverage 1.53
Cash Conversion 95.49%
Profit Quality N/A
Current Ratio 0.91
Quick Ratio 0.73
Altman-Z 2.25
F-Score5
WACC8.1%
ROIC/WACC0.69
Cap/Depr(3y)140.73%
Cap/Depr(5y)131.94%
Cap/Sales(3y)20.21%
Cap/Sales(5y)20.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.61%
EPS 3Y21.88%
EPS 5Y19.82%
EPS Q2Q%-42.74%
EPS Next Y-45.91%
EPS Next 2Y-8.75%
EPS Next 3Y-1.53%
EPS Next 5YN/A
Revenue 1Y (TTM)8.24%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%10.59%
Revenue Next Year12.31%
Revenue Next 2Y9.91%
Revenue Next 3Y7.95%
Revenue Next 5YN/A
EBIT growth 1Y-37.63%
EBIT growth 3Y54.22%
EBIT growth 5Y21.26%
EBIT Next Year96.81%
EBIT Next 3Y30.21%
EBIT Next 5Y22.48%
FCF growth 1Y-113.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y63.34%
OCF growth 3Y9.62%
OCF growth 5Y6.62%

NORTH AMER CONSTRUCTION / NOA-DB-A.CA FAQ

What is the fundamental rating for NOA-DB-A stock?

ChartMill assigns a fundamental rating of 3 / 10 to NOA-DB-A.CA.


What is the valuation status of NORTH AMER CONSTRUCTION (NOA-DB-A.CA) stock?

ChartMill assigns a valuation rating of 1 / 10 to NORTH AMER CONSTRUCTION (NOA-DB-A.CA). This can be considered as Overvalued.


Can you provide the profitability details for NORTH AMER CONSTRUCTION?

NORTH AMER CONSTRUCTION (NOA-DB-A.CA) has a profitability rating of 4 / 10.


What is the valuation of NORTH AMER CONSTRUCTION based on its PE and PB ratios?

The Price/Earnings (PE) ratio for NORTH AMER CONSTRUCTION (NOA-DB-A.CA) is 45.52 and the Price/Book (PB) ratio is 6.21.


Can you provide the financial health for NOA-DB-A stock?

The financial health rating of NORTH AMER CONSTRUCTION (NOA-DB-A.CA) is 1 / 10.