NORTH AMER CONSTRUCTION (NOA-DB-A.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NOA-DB-A - CA656811AB23
101.5 CAD
+0.48 (+0.48%)
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.
1. Profitability
1.1 Basic Checks
- NOA-DB-A had positive earnings in the past year.
- In the past year NOA-DB-A had a positive cash flow from operations.
- Each year in the past 5 years NOA-DB-A has been profitable.
- NOA-DB-A had a positive operating cash flow in each of the past 5 years.
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.
- Looking at the Return On Invested Capital, with a value of 5.59%, NOA-DB-A is in line with its industry, outperforming 40.74% of the companies in the same industry.
- NOA-DB-A had an Average Return On Invested Capital over the past 3 years of 6.92%. This is significantly below the industry average of 177.00%.
| Industry Rank | Sector 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%
1.3 Margins
- The Profit Margin of NOA-DB-A (3.00%) is worse than 62.96% of its industry peers.
- NOA-DB-A's Profit Margin has declined in the last couple of years.
- NOA-DB-A's Operating Margin of 8.68% is in line compared to the rest of the industry. NOA-DB-A outperforms 55.56% of its industry peers.
- 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 Rank | Sector 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%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NOA-DB-A is destroying value.
- Compared to 1 year ago, NOA-DB-A has about the same amount of shares outstanding.
- Compared to 5 years ago, NOA-DB-A has more shares outstanding
- NOA-DB-A has a worse debt/assets ratio than last year.
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.
- The Altman-Z score of NOA-DB-A (2.26) is better than 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.
- With a Debt to Equity ratio value of 1.59, NOA-DB-A is not doing good in the industry: 85.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.26 |
ROIC/WACC0.7
WACC8.04%
2.3 Liquidity
- NOA-DB-A has a Current 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's Current ratio of 0.91 is on the low side compared to the rest of the industry. NOA-DB-A is outperformed by 81.48% of its industry peers.
- A Quick Ratio of 0.73 indicates that NOA-DB-A may have some problems paying its short term obligations.
- NOA-DB-A's Quick ratio of 0.73 is on the low side compared to the rest of the industry. NOA-DB-A is outperformed by 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
- The earnings per share for NOA-DB-A have decreased strongly by -38.61% in the last year.
- 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.
- Measured over the past years, NOA-DB-A shows a quite strong growth in Revenue. The Revenue has been growing by 10.15% on average per year.
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
- Based on estimates for the next years, NOA-DB-A will show a decrease in Earnings Per Share. The EPS will decrease by -1.54% on average per year.
- NOA-DB-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.95% yearly.
EPS Next Y-45.71%
EPS Next 2Y-7.5%
EPS Next 3Y-1.54%
EPS Next 5YN/A
Revenue Next Year12.31%
Revenue Next 2Y9.91%
Revenue Next 3Y7.95%
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.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 45.93, NOA-DB-A can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, NOA-DB-A is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
- NOA-DB-A is valuated expensively when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 31.80 indicates a quite expensive valuation of 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 (24.26), we can say NOA-DB-A is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.93 | ||
| Fwd PE | 31.8 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NOA-DB-A is valued more expensive than 81.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.68 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.32
EPS Next 2Y-7.5%
EPS Next 3Y-1.54%
5. Dividend
5.1 Amount
- NOA-DB-A has a Yearly Dividend Yield of 2.16%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.20, 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.
- NOA-DB-A's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.16% |
5.2 History
- On average, the dividend of NOA-DB-A grows each year by 31.86%, which is quite nice.
- 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-7.5%
EPS Next 3Y-1.54%
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 0 / 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 45.93 and the Price/Book (PB) ratio is 6.26.
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.