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NORTH AMER CONSTRUCTION (NOA-DB-A.CA) Stock Price, Forecast & Analysis

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

100.61 CAD
-0.24 (-0.24%)
Last: 11/20/2025, 7:00:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to NOA-DB-A. NOA-DB-A was compared to 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 does not seem to be growing, but still is valued expensively.


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.
In the past 5 years NOA-DB-A always reported a positive cash flow from operatings.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M

1.2 Ratios

With a Return On Assets value of 2.06%, NOA-DB-A is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
With a Return On Equity value of 8.18%, NOA-DB-A perfoms like the industry average, outperforming 40.74% of the companies in the same industry.
The Return On Invested Capital of NOA-DB-A (5.59%) is worse than 62.96% 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 169.95%.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

1.3 Margins

NOA-DB-A has a Profit Margin of 3.00%. This is in the lower half of the industry: NOA-DB-A underperforms 66.67% of its industry peers.
In the last couple of years the Profit Margin of NOA-DB-A has declined.
With a Operating Margin value of 8.68%, NOA-DB-A perfoms like the industry average, outperforming 51.85% of the companies in the same industry.
NOA-DB-A's Operating Margin has improved in the last couple of years.
NOA-DB-A has a worse Gross Margin (12.88%) than 74.07% of its industry peers.
In the last couple of years the Gross Margin of NOA-DB-A has grown nicely.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1

2. Health

2.1 Basic Checks

NOA-DB-A has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
NOA-DB-A has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, NOA-DB-A has more shares outstanding
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
NOA-DB-A.CA Yearly Total Debt VS Total AssetsNOA-DB-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 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 2.26. 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 2.26. This is in the better half of the industry: NOA-DB-A outperforms 62.96% of its industry peers.
A Debt/Equity ratio of 1.59 is on the high side and indicates that NOA-DB-A has dependencies on debt financing.
The Debt to Equity ratio of NOA-DB-A (1.59) is worse than 88.89% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.59
Debt/FCF N/A
Altman-Z 2.26
ROIC/WACC0.7
WACC8%
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 2015 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 85.19% 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.
NOA-DB-A has a worse Quick ratio (0.73) than 85.19% of its industry peers.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

3

3. Growth

3.1 Past

The earnings per share for NOA-DB-A have decreased strongly by -38.61% in the last year.
The Earnings Per Share has been growing slightly by 3.50% on average over the past years.
The Revenue has grown by 8.24% in the past year. This is quite good.
The Revenue has been growing by 10.15% on average over the past years. This is quite good.
EPS 1Y (TTM)-38.61%
EPS 3Y-4.14%
EPS 5Y3.5%
EPS Q2Q%-42.74%
Revenue 1Y (TTM)8.24%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%10.59%

3.2 Future

Based on estimates for the next years, NOA-DB-A will show a decrease in Earnings Per Share. The EPS will decrease by -3.20% on average per year.
The Revenue is expected to grow by 4.41% on average over the next years.
EPS Next Y-37.34%
EPS Next 2Y-3.99%
EPS Next 3Y-3.2%
EPS Next 5YN/A
Revenue Next Year8.74%
Revenue Next 2Y7.61%
Revenue Next 3Y4.41%
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NOA-DB-A.CA Yearly Revenue VS EstimatesNOA-DB-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
NOA-DB-A.CA Yearly EPS VS EstimatesNOA-DB-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3

0

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 45.52, NOA-DB-A can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of NOA-DB-A indicates a slightly more expensive valuation: NOA-DB-A is more expensive than 74.07% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.47. NOA-DB-A is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 29.26, 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/Forward Earnings ratio.
NOA-DB-A's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.42.
Industry RankSector Rank
PE 45.52
Fwd PE 29.26
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

Based on the Enterprise Value to EBITDA ratio, NOA-DB-A is valued expensively inside the industry as 88.89% of the companies are valued cheaper.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.67
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

A cheap valuation may be justified as NOA-DB-A's earnings are expected to decrease with -3.20% in the coming years.
PEG (NY)N/A
PEG (5Y)13.02
EPS Next 2Y-3.99%
EPS Next 3Y-3.2%

4

5. Dividend

5.1 Amount

NOA-DB-A has a Yearly Dividend Yield of 2.52%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.30, NOA-DB-A pays a better dividend. On top of this NOA-DB-A pays more dividend than 81.48% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, NOA-DB-A has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.52%

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

32.95% of the earnings are spent on dividend by NOA-DB-A. This is a low number and sustainable payout ratio.
DP32.95%
EPS Next 2Y-3.99%
EPS Next 3Y-3.2%
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 2015 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 (11/20/2025, 7:00:00 PM)

100.61

-0.24 (-0.24%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-12 2025-11-12/amc
Earnings (Next)03-17 2026-03-17/bmo
Inst Owners72.74%
Inst Owner ChangeN/A
Ins Owners9.97%
Ins Owner ChangeN/A
Market Cap2.95B
Revenue(TTM)1.28B
Net Income(TTM)38.52M
Analysts78
Price Target162.45 (61.47%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.52%
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)N/A
Avg EPS beat(16)N/A
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)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-14.27%
PT rev (3m)-14.27%
EPS NQ rev (1m)-13.02%
EPS NQ rev (3m)-34.91%
EPS NY rev (1m)0%
EPS NY rev (3m)-21.09%
Revenue NQ rev (1m)0.23%
Revenue NQ rev (3m)-1.98%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.4%
Valuation
Industry RankSector Rank
PE 45.52
Fwd PE 29.26
P/S 2.3
P/FCF N/A
P/OCF 9.62
P/B 6.26
P/tB 6.4
EV/EBITDA 11.67
EPS(TTM)2.21
EY2.2%
EPS(NY)3.44
Fwd EY3.42%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)10.46
OCFY10.4%
SpS43.83
BVpS16.08
TBVpS15.71
PEG (NY)N/A
PEG (5Y)13.02
Graham Number28.28
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 2.26
F-Score5
WACC8%
ROIC/WACC0.7
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 3Y-4.14%
EPS 5Y3.5%
EPS Q2Q%-42.74%
EPS Next Y-37.34%
EPS Next 2Y-3.99%
EPS Next 3Y-3.2%
EPS Next 5YN/A
Revenue 1Y (TTM)8.24%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%10.59%
Revenue Next Year8.74%
Revenue Next 2Y7.61%
Revenue Next 3Y4.41%
Revenue Next 5YN/A
EBIT growth 1Y-37.63%
EBIT growth 3Y54.22%
EBIT growth 5Y21.26%
EBIT Next Year97.49%
EBIT Next 3Y28.3%
EBIT Next 5YN/A
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 does NOA-DB-A do?

North American Construction Group Ltd. engages in the provision of mining and heavy construction services. The company is headquartered in Acheson, Alberta and currently employs 483 full-time employees. The company went IPO on 2006-11-22. The firm is a provider of heavy civil construction and mining services in Australia, Canada, and the United States. The firm has provided services to the mining, resource and infrastructure construction markets. Its segments are Heavy Equipment - Canada, Heavy Equipment - Australia, and Other. Heavy Equipment - Canada and Heavy Equipment - Australia includes all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes its mine management contract work in the United States, its external maintenance and rebuild programs and equity method investments. The firm provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors.


Can you provide the latest stock price for NORTH AMER CONSTRUCTION?

The current stock price of NOA-DB-A.CA is 100.61 CAD. The price decreased by -0.24% in the last trading session.


How is the ChartMill rating for NORTH AMER CONSTRUCTION?

NOA-DB-A.CA has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 2 out of 10.


Would investing in NORTH AMER CONSTRUCTION be a good decision?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on NOA-DB-A.CA.