NORTH AMERICAN CONSTRUCTION (NOA.CA) Stock Fundamental Analysis
Canada - TSX:NOA - CA6568111067 - Common Stock
21.91 CAD
+0.7 (+3.3%)
We assign a fundamental rating of 3 out of 10 to NOA. NOA was compared to 27 industry peers in the Energy Equipment & Services industry. NOA has a medium profitability rating, but doesn't score so well on its financial health evaluation. NOA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year NOA was profitable.
NOA had a positive operating cash flow in the past year.
In the past 5 years NOA has always been profitable.
NOA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NOA has a Return On Assets of 1.92%. This is in the lower half of the industry: NOA underperforms 62.96% of its industry peers.
NOA's Return On Equity of 7.63% is in line compared to the rest of the industry. NOA outperforms 48.15% of its industry peers.
With a Return On Invested Capital value of 6.62%, NOA perfoms like the industry average, outperforming 51.85% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NOA is below the industry average of 11.19%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 7.63% | ||
| ROIC | 6.62% |
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 (2.80%) which is in line with its industry peers.
In the last couple of years the Profit Margin of NOA has declined.
Looking at the Operating Margin, with a value of 10.30%, NOA is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
NOA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 14.42%, NOA is doing worse than 70.37% of the companies in the same industry.
NOA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.3% | ||
| PM (TTM) | 2.8% | ||
| GM | 14.42% |
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
NOA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for NOA remains at a similar level compared to 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 1.31. This is a bad value and indicates that NOA is not financially healthy and even has some risk of bankruptcy.
NOA has a Altman-Z score (1.31) which is in line with its industry peers.
NOA has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.57, NOA is doing worse than 81.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.31 |
ROIC/WACC0.76
WACC8.69%
2.3 Liquidity
A Current Ratio of 0.94 indicates that NOA may have some problems paying its short term obligations.
NOA has a worse Current ratio (0.94) than 74.07% of its industry peers.
A Quick Ratio of 0.75 indicates that NOA may have some problems paying its short term obligations.
The Quick ratio of NOA (0.75) is worse than 70.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The earnings per share for NOA have decreased by -8.75% in the last year.
Measured over the past years, NOA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.82% on average per year.
NOA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.35%.
The Revenue has been growing by 10.15% on average over the past years. This is quite good.
EPS 1Y (TTM)-8.75%
EPS 3Y21.88%
EPS 5Y19.82%
EPS Q2Q%-97.44%
Revenue 1Y (TTM)14.35%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%16.04%
3.2 Future
NOA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.20% yearly.
NOA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.33% yearly.
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 2Y7.54%
Revenue Next 3Y4.33%
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
With a Price/Earnings ratio of 8.08, the valuation of NOA can be described as very reasonable.
Based on the Price/Earnings ratio, NOA is valued a bit cheaper than the industry average as 74.07% of the companies are valued more expensively.
NOA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.76.
The Price/Forward Earnings ratio is 6.37, which indicates a rather cheap valuation of NOA.
Based on the Price/Forward Earnings ratio, NOA is valued cheaper than 81.48% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.63, NOA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.08 | ||
| Fwd PE | 6.37 |
4.2 Price Multiples
NOA's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.38 |
4.3 Compensation for Growth
A cheap valuation may be justified as NOA's earnings are expected to decrease with -3.20% in the coming years.
PEG (NY)N/A
PEG (5Y)0.41
EPS Next 2Y-3.99%
EPS Next 3Y-3.2%
5. Dividend
5.1 Amount
NOA has a Yearly Dividend Yield of 2.22%.
NOA's Dividend Yield is a higher than the industry average which is at 3.09.
Compared to an average S&P500 Dividend Yield of 2.31, NOA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
5.2 History
The dividend of NOA is nicely growing with an annual growth rate of 31.86%!
NOA has paid a dividend for at least 10 years, which is a reliable track record.
NOA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)31.86%
Div Incr Years3
Div Non Decr Years10
5.3 Sustainability
33.81% of the earnings are spent on dividend by NOA. This is a low number and sustainable payout ratio.
DP33.81%
EPS Next 2Y-3.99%
EPS Next 3Y-3.2%
TSX:NOA (10/29/2025, 7:00:00 PM)
21.91
+0.7 (+3.3%)
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 Cap641.96M
Revenue(TTM)1.25B
Net Income(TTM)35.12M
Analysts78
Price Target31.04 (41.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
Yearly Dividend0.4
Dividend Growth(5Y)31.86%
DP33.81%
Div Incr Years3
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-65.51%
Min EPS beat(2)-97.55%
Max EPS beat(2)-33.48%
EPS beat(4)1
Avg EPS beat(4)-31.75%
Min EPS beat(4)-97.55%
Max EPS beat(4)5.82%
EPS beat(8)2
Avg EPS beat(8)-17.35%
EPS beat(12)5
Avg EPS beat(12)-4.13%
EPS beat(16)7
Avg EPS beat(16)-6.05%
Revenue beat(2)1
Avg Revenue beat(2)1.8%
Min Revenue beat(2)-5.2%
Max Revenue beat(2)8.8%
Revenue beat(4)1
Avg Revenue beat(4)-2.36%
Min Revenue beat(4)-9.63%
Max Revenue beat(4)8.8%
Revenue beat(8)1
Avg Revenue beat(8)-5.69%
Revenue beat(12)3
Avg Revenue beat(12)-3.31%
Revenue beat(16)5
Avg Revenue beat(16)-3.06%
PT rev (1m)0%
PT rev (3m)-21.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-33.44%
EPS NY rev (1m)0%
EPS NY rev (3m)-39.08%
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)-1.51%
Revenue NY rev (1m)-3.47%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.08 | ||
| Fwd PE | 6.37 | ||
| P/S | 0.51 | ||
| P/FCF | N/A | ||
| P/OCF | 2.44 | ||
| P/B | 1.39 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | 4.38 |
EPS(TTM)2.71
EY12.37%
EPS(NY)3.44
Fwd EY15.69%
FCF(TTM)-1.6
FCFYN/A
OCF(TTM)8.97
OCFY40.94%
SpS42.8
BVpS15.71
TBVpS15.36
PEG (NY)N/A
PEG (5Y)0.41
Graham Number30.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.92% | ||
| ROE | 7.63% | ||
| ROCE | 9.01% | ||
| ROIC | 6.62% | ||
| ROICexc | 7% | ||
| ROICexgc | 7.06% | ||
| OM | 10.3% | ||
| PM (TTM) | 2.8% | ||
| GM | 14.42% | ||
| 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-Score6
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.21 | ||
| Cap/Depr | 156.16% | ||
| Cap/Sales | 24.7% | ||
| Interest Coverage | 1.84 | ||
| Cash Conversion | 80.26% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 1.31 |
F-Score6
WACC8.69%
ROIC/WACC0.76
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)-8.75%
EPS 3Y21.88%
EPS 5Y19.82%
EPS Q2Q%-97.44%
EPS Next Y-37.34%
EPS Next 2Y-3.99%
EPS Next 3Y-3.2%
EPS Next 5YN/A
Revenue 1Y (TTM)14.35%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%16.04%
Revenue Next Year8.74%
Revenue Next 2Y7.54%
Revenue Next 3Y4.33%
Revenue Next 5YN/A
EBIT growth 1Y-6.82%
EBIT growth 3Y54.22%
EBIT growth 5Y21.26%
EBIT Next Year97.49%
EBIT Next 3Y28.3%
EBIT Next 5YN/A
FCF growth 1Y-201.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y44.77%
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 8.08 and the Price/Book (PB) ratio is 1.39.
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 -37.34% in the next year.