NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORCO - NO0013052209 - Common Stock
45.4 NOK
+0.9 (+2.02%)
We assign a fundamental rating of 5 out of 10 to NORCO. NORCO was compared to 44 industry peers in the Construction & Engineering industry. While NORCO has a great health rating, its profitability is only average at the moment. NORCO is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NORCO was profitable.
In the past year NORCO had a positive cash flow from operations.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.92%, NORCO belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
NORCO has a better Return On Equity (25.02%) than 65.91% of its industry peers.
NORCO's Return On Invested Capital of 15.49% is amongst the best of the industry. NORCO outperforms 81.82% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORCO is above the industry average of 10.86%.
The 3 year average ROIC (14.25%) for NORCO is below the current ROIC(15.49%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.92% | ||
| ROE | 25.02% | ||
| ROIC | 15.49% |
ROA(3y)7.44%
ROA(5y)N/A
ROE(3y)21.57%
ROE(5y)N/A
ROIC(3y)14.25%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 5.78%, NORCO is doing good in the industry, outperforming 61.36% of the companies in the same industry.
In the last couple of years the Profit Margin of NORCO has remained more or less at the same level.
NORCO has a Operating Margin (6.65%) which is comparable to the rest of the industry.
NORCO's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.65% | ||
| PM (TTM) | 5.78% | ||
| GM | N/A |
OM growth 3Y-13.94%
OM growth 5YN/A
PM growth 3Y0.99%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NORCO is creating value.
The number of shares outstanding for NORCO has been increased compared to 1 year ago.
NORCO has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.29 indicates that NORCO is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.29, NORCO belongs to the best of the industry, outperforming 97.73% of the companies in the same industry.
The Debt to FCF ratio of NORCO is 1.55, which is an excellent value as it means it would take NORCO, only 1.55 years of fcf income to pay off all of its debts.
NORCO has a Debt to FCF ratio of 1.55. This is amongst the best in the industry. NORCO outperforms 84.09% of its industry peers.
NORCO has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
NORCO's Debt to Equity ratio of 0.47 is fine compared to the rest of the industry. NORCO outperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | 4.29 |
ROIC/WACC1.95
WACC7.96%
2.3 Liquidity
A Current Ratio of 1.26 indicates that NORCO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.26, NORCO is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
A Quick Ratio of 1.26 indicates that NORCO should not have too much problems paying its short term obligations.
NORCO has a better Quick ratio (1.26) than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
NORCO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.21%.
The Earnings Per Share has been growing by 14.47% on average over the past years. This is quite good.
Looking at the last year, NORCO shows a quite strong growth in Revenue. The Revenue has grown by 8.85% in the last year.
NORCO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.09% yearly.
EPS 1Y (TTM)3.21%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%-7.53%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%12.34%
3.2 Future
The Earnings Per Share is expected to grow by 5.25% on average over the next years.
Based on estimates for the next years, NORCO will show a quite strong growth in Revenue. The Revenue will grow by 16.15% on average per year.
EPS Next Y-10.72%
EPS Next 2Y2.72%
EPS Next 3Y5.25%
EPS Next 5YN/A
Revenue Next Year6.2%
Revenue Next 2Y8.21%
Revenue Next 3Y16.15%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.09 indicates a rather expensive valuation of NORCO.
Based on the Price/Earnings ratio, NORCO is valued a bit more expensive than 63.64% of the companies in the same industry.
When comparing the Price/Earnings ratio of NORCO to the average of the S&P500 Index (25.65), we can say NORCO is valued slightly cheaper.
A Price/Forward Earnings ratio of 16.15 indicates a correct valuation of NORCO.
63.64% of the companies in the same industry are cheaper than NORCO, based on the Price/Forward Earnings ratio.
NORCO is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.45, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.09 | ||
| Fwd PE | 16.15 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NORCO indicates a slightly more expensive valuation: NORCO is more expensive than 63.64% of the companies listed in the same industry.
NORCO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.33 | ||
| EV/EBITDA | 11.53 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.72%
EPS Next 3Y5.25%
5. Dividend
5.1 Amount
NORCO has a Yearly Dividend Yield of 3.79%.
Compared to an average industry Dividend Yield of 3.70, NORCO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, NORCO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.79% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
82.05% of the earnings are spent on dividend by NORCO. This is not a sustainable payout ratio.
DP82.05%
EPS Next 2Y2.72%
EPS Next 3Y5.25%
OSL:NORCO (11/25/2025, 4:19:50 PM)
45.4
+0.9 (+2.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners24.55%
Inst Owner ChangeN/A
Ins Owners1.98%
Ins Owner ChangeN/A
Market Cap14.42B
Revenue(TTM)10.41B
Net Income(TTM)624.00M
Analysts81.67
Price Target55.59 (22.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.79% |
Yearly Dividend1.17
Dividend Growth(5Y)N/A
DP82.05%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.51%
Min EPS beat(2)-8.31%
Max EPS beat(2)27.33%
EPS beat(4)3
Avg EPS beat(4)25.29%
Min EPS beat(4)-8.31%
Max EPS beat(4)52.17%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)7.97%
Min Revenue beat(2)3.77%
Max Revenue beat(2)12.17%
Revenue beat(4)4
Avg Revenue beat(4)8.82%
Min Revenue beat(4)3.77%
Max Revenue beat(4)12.17%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.83%
PT rev (3m)4.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.53%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)-15.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.09 | ||
| Fwd PE | 16.15 | ||
| P/S | 1.34 | ||
| P/FCF | 14.33 | ||
| P/OCF | 12.49 | ||
| P/B | 5.78 | ||
| P/tB | 11.28 | ||
| EV/EBITDA | 11.53 |
EPS(TTM)2.51
EY5.53%
EPS(NY)2.81
Fwd EY6.19%
FCF(TTM)3.17
FCFY6.98%
OCF(TTM)3.63
OCFY8%
SpS34.01
BVpS7.85
TBVpS4.02
PEG (NY)N/A
PEG (5Y)N/A
Graham Number21.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.92% | ||
| ROE | 25.02% | ||
| ROCE | 18.85% | ||
| ROIC | 15.49% | ||
| ROICexc | 22.49% | ||
| ROICexgc | 41.91% | ||
| OM | 6.65% | ||
| PM (TTM) | 5.78% | ||
| GM | N/A | ||
| FCFM | 9.32% |
ROA(3y)7.44%
ROA(5y)N/A
ROE(3y)21.57%
ROE(5y)N/A
ROIC(3y)14.25%
ROIC(5y)N/A
ROICexc(3y)21.92%
ROICexc(5y)N/A
ROICexgc(3y)41.21%
ROICexgc(5y)N/A
ROCE(3y)17.33%
ROCE(5y)N/A
ROICexgc growth 3Y3.19%
ROICexgc growth 5YN/A
ROICexc growth 3Y-5.47%
ROICexc growth 5YN/A
OM growth 3Y-13.94%
OM growth 5YN/A
PM growth 3Y0.99%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover1.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 1.55 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 29.42% | ||
| Cap/Sales | 1.37% | ||
| Interest Coverage | 14.65 | ||
| Cash Conversion | 94.51% | ||
| Profit Quality | 161.22% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 4.29 |
F-Score8
WACC7.96%
ROIC/WACC1.95
Cap/Depr(3y)22.21%
Cap/Depr(5y)N/A
Cap/Sales(3y)1.06%
Cap/Sales(5y)N/A
Profit Quality(3y)208.74%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.21%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%-7.53%
EPS Next Y-10.72%
EPS Next 2Y2.72%
EPS Next 3Y5.25%
EPS Next 5YN/A
Revenue 1Y (TTM)8.85%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%12.34%
Revenue Next Year6.2%
Revenue Next 2Y8.21%
Revenue Next 3Y16.15%
Revenue Next 5YN/A
EBIT growth 1Y40.51%
EBIT growth 3Y-3.54%
EBIT growth 5YN/A
EBIT Next Year85.46%
EBIT Next 3Y30.76%
EBIT Next 5YN/A
FCF growth 1Y14.71%
FCF growth 3Y17.62%
FCF growth 5YN/A
OCF growth 1Y17.52%
OCF growth 3Y17.66%
OCF growth 5YN/A
NORCONSULT AS / NORCO.OL FAQ
What is the fundamental rating for NORCO stock?
ChartMill assigns a fundamental rating of 5 / 10 to NORCO.OL.
What is the valuation status of NORCONSULT AS (NORCO.OL) stock?
ChartMill assigns a valuation rating of 2 / 10 to NORCONSULT AS (NORCO.OL). This can be considered as Overvalued.
How profitable is NORCONSULT AS (NORCO.OL) stock?
NORCONSULT AS (NORCO.OL) has a profitability rating of 5 / 10.
What is the valuation of NORCONSULT AS based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NORCONSULT AS (NORCO.OL) is 18.09 and the Price/Book (PB) ratio is 5.78.
How financially healthy is NORCONSULT AS?
The financial health rating of NORCONSULT AS (NORCO.OL) is 7 / 10.