NORTH AMERICAN CONSTRUCTION (NOA.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NOA - CA6568111067 - Common Stock
18.9 CAD
-0.16 (-0.84%)
NOA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 30 industry peers in the Energy Equipment & Services industry. While NOA is still in line with the averages on profitability rating, there are concerns on its financial health. NOA is not valued too expensively and it also shows a decent growth rate. Finally NOA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NOA was profitable.
NOA had a positive operating cash flow in the past year.
NOA had positive earnings in each of the past 5 years.
Each year in the past 5 years NOA had a positive operating cash flow.
1.2 Ratios
NOA has a Return On Assets of 2.06%. This is comparable to the rest of the industry: NOA outperforms 42.86% of its industry peers.
NOA has a Return On Equity of 8.18%. This is comparable to the rest of the industry: NOA outperforms 50.00% of its industry peers.
NOA has a worse Return On Invested Capital (5.59%) than 60.71% of its industry peers.
NOA had an Average Return On Invested Capital over the past 3 years of 6.92%. This is significantly below the industry average of 163.37%.
| 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
NOA has a Profit Margin (3.00%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of NOA has declined.
NOA has a better Operating Margin (8.68%) than 60.71% of its industry peers.
In the last couple of years the Operating Margin of NOA has grown nicely.
Looking at the Gross Margin, with a value of 12.88%, NOA is doing worse than 67.86% of the companies in the same industry.
NOA's Gross Margin has improved in the last couple of years.
| 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 is destroying value.
NOA has about the same amout of shares outstanding than it did 1 year ago.
NOA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NOA is higher compared to a year ago.
2.2 Solvency
NOA has an Altman-Z score of 1.23. This is a bad value and indicates that NOA is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.23, NOA is doing worse than 67.86% of the companies in the same industry.
NOA has a Debt/Equity ratio of 1.59. This is a high value indicating a heavy dependency on external financing.
NOA's Debt to Equity ratio of 1.59 is on the low side compared to the rest of the industry. NOA is outperformed by 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.23 |
ROIC/WACC0.65
WACC8.65%
2.3 Liquidity
A Current Ratio of 0.91 indicates that NOA may have some problems paying its short term obligations.
The Current ratio of NOA (0.91) is worse than 82.14% of its industry peers.
NOA has a Quick Ratio of 0.91. This is a bad value and indicates that NOA is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of NOA (0.73) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
NOA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -38.61%.
NOA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.82% yearly.
NOA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.24%.
Measured over the past years, NOA 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 will show a decrease in Earnings Per Share. The EPS will decrease by -1.87% on average per year.
Based on estimates for the next years, NOA will show a small growth in Revenue. The Revenue will grow by 6.89% on average per year.
EPS Next Y-45.71%
EPS Next 2Y-6.41%
EPS Next 3Y-1.87%
EPS Next 5YN/A
Revenue Next Year12.31%
Revenue Next 2Y9.34%
Revenue Next 3Y6.89%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.55 indicates a reasonable valuation of NOA.
NOA's Price/Earnings ratio is a bit cheaper when compared to the industry. NOA is cheaper than 78.57% of the companies in the same industry.
NOA is valuated cheaply when we compare the Price/Earnings ratio to 26.56, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 5.78, which indicates a rather cheap valuation of NOA.
NOA's Price/Forward Earnings ratio is rather cheap when compared to the industry. NOA is cheaper than 85.71% of the companies in the same industry.
NOA is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.55 | ||
| Fwd PE | 5.78 |
4.2 Price Multiples
NOA's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.2 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.43
EPS Next 2Y-6.41%
EPS Next 3Y-1.87%
5. Dividend
5.1 Amount
NOA has a Yearly Dividend Yield of 2.52%. Purely for dividend investing, there may be better candidates out there.
NOA's Dividend Yield is a higher than the industry average which is at 1.22.
Compared to an average S&P500 Dividend Yield of 1.87, NOA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
5.2 History
On average, the dividend of NOA grows each year by 31.86%, which is quite nice.
NOA has been paying a dividend for at least 10 years, so it has a reliable track record.
NOA has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)31.86%
Div Incr Years3
Div Non Decr Years10
5.3 Sustainability
NOA pays out 32.95% of its income as dividend. This is a sustainable payout ratio.
DP32.95%
EPS Next 2Y-6.41%
EPS Next 3Y-1.87%
TSX:NOA (12/12/2025, 7:00:00 PM)
18.9
-0.16 (-0.84%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners72.74%
Inst Owner ChangeN/A
Ins Owners9.97%
Ins Owner ChangeN/A
Market Cap549.42M
Revenue(TTM)1.28B
Net Income(TTM)38.52M
Analysts78
Price Target31.18 (64.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
Yearly Dividend0.4
Dividend Growth(5Y)31.86%
DP32.95%
Div Incr Years3
Div Non Decr Years10
Ex-Date
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)-5.8%
Revenue beat(12)3
Avg Revenue beat(12)-3.86%
Revenue beat(16)4
Avg Revenue beat(16)-3.79%
PT rev (1m)0.47%
PT rev (3m)0.47%
EPS NQ rev (1m)-6.72%
EPS NQ rev (3m)-6.72%
EPS NY rev (1m)-13.35%
EPS NY rev (3m)-31.63%
Revenue NQ rev (1m)2.95%
Revenue NQ rev (3m)1.7%
Revenue NY rev (1m)3.29%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.55 | ||
| Fwd PE | 5.78 | ||
| P/S | 0.43 | ||
| P/FCF | N/A | ||
| P/OCF | 1.79 | ||
| P/B | 1.17 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 4.2 |
EPS(TTM)2.21
EY11.69%
EPS(NY)3.27
Fwd EY17.29%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)10.54
OCFY55.78%
SpS44.18
BVpS16.21
TBVpS15.84
PEG (NY)N/A
PEG (5Y)0.43
Graham Number28.39
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.23 |
F-Score5
WACC8.65%
ROIC/WACC0.65
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-45.71%
EPS Next 2Y-6.41%
EPS Next 3Y-1.87%
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 2Y9.34%
Revenue Next 3Y6.89%
Revenue Next 5YN/A
EBIT growth 1Y-37.63%
EBIT growth 3Y54.22%
EBIT growth 5Y21.26%
EBIT Next Year96.86%
EBIT Next 3Y29.51%
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 AMERICAN CONSTRUCTION / NOA.CA FAQ
Can you provide the ChartMill fundamental rating for NORTH AMERICAN CONSTRUCTION?
ChartMill assigns a fundamental rating of 3 / 10 to NOA.CA.
What is the valuation status of NORTH AMERICAN CONSTRUCTION (NOA.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to NORTH AMERICAN CONSTRUCTION (NOA.CA). This can be considered as Fairly Valued.
What is the profitability of NOA stock?
NORTH AMERICAN CONSTRUCTION (NOA.CA) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for NOA stock?
The Price/Earnings (PE) ratio for NORTH AMERICAN CONSTRUCTION (NOA.CA) is 8.55 and the Price/Book (PB) ratio is 1.17.
What is the expected EPS growth for NORTH AMERICAN CONSTRUCTION (NOA.CA) stock?
The Earnings per Share (EPS) of NORTH AMERICAN CONSTRUCTION (NOA.CA) is expected to decline by -45.71% in the next year.