NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORCO - NO0013052209 - Common Stock
45.3 NOK
+0.25 (+0.55%)
We assign a fundamental rating of 5 out of 10 to NORCO. NORCO was compared to 41 industry peers in the Construction & Engineering industry. NORCO has an excellent financial health rating, but there are some minor concerns on its profitability. 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
NORCO has a Return On Assets of 8.92%. This is amongst the best in the industry. NORCO outperforms 80.49% of its industry peers.
With a decent Return On Equity value of 25.02%, NORCO is doing good in the industry, outperforming 63.41% of the companies in the same industry.
NORCO's Return On Invested Capital of 15.49% is amongst the best of the industry. NORCO outperforms 80.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORCO is above the industry average of 11.23%.
The last Return On Invested Capital (15.49%) for NORCO is above the 3 year average (14.25%), which is a sign of increasing profitability.
| 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
NORCO's Profit Margin of 5.78% is fine compared to the rest of the industry. NORCO outperforms 60.98% of its industry peers.
NORCO's Profit Margin has been stable in the last couple of years.
NORCO has a Operating Margin (6.65%) which is in line with its industry peers.
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.
The debt/assets ratio for NORCO has been reduced compared to a year ago.
2.2 Solvency
NORCO has an Altman-Z score of 4.33. This indicates that NORCO is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.33, NORCO belongs to the best of the industry, outperforming 100.00% 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 87.80% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that NORCO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.47, NORCO is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | 4.33 |
ROIC/WACC1.94
WACC7.97%
2.3 Liquidity
NORCO has a Current Ratio of 1.26. This is a normal value and indicates that NORCO is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of NORCO (1.26) is better than 73.17% of its industry peers.
A Quick Ratio of 1.26 indicates that NORCO should not have too much problems paying its short term obligations.
The Quick ratio of NORCO (1.26) is better than 75.61% 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.
The Revenue has grown by 8.85% in the past year. This is quite good.
Measured over the past years, NORCO shows a quite strong growth in Revenue. The Revenue has been growing by 12.09% on average per year.
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
NORCO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.37% yearly.
NORCO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.29% yearly.
EPS Next Y-10.33%
EPS Next 2Y3.03%
EPS Next 3Y5.37%
EPS Next 5YN/A
Revenue Next Year7.22%
Revenue Next 2Y9.38%
Revenue Next 3Y8.29%
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 18.05, NORCO is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as NORCO.
NORCO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.50.
NORCO is valuated correctly with a Price/Forward Earnings ratio of 16.01.
NORCO's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.93. NORCO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.05 | ||
| Fwd PE | 16.01 |
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 60.98% 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 | 14.3 | ||
| EV/EBITDA | 11.74 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.03%
EPS Next 3Y5.37%
5. Dividend
5.1 Amount
NORCO has a Yearly Dividend Yield of 3.85%. Purely for dividend investing, there may be better candidates out there.
NORCO's Dividend Yield is a higher than the industry average which is at 2.64.
NORCO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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 2Y3.03%
EPS Next 3Y5.37%
OSL:NORCO (12/23/2025, 7:00:00 PM)
45.3
+0.25 (+0.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners25.47%
Inst Owner ChangeN/A
Ins Owners1.78%
Ins Owner ChangeN/A
Market Cap14.39B
Revenue(TTM)10.41B
Net Income(TTM)624.00M
Analysts81.67
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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)0.93%
PT rev (3m)2.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.43%
EPS NY rev (3m)-15.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.97%
Revenue NY rev (3m)0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.05 | ||
| Fwd PE | 16.01 | ||
| P/S | 1.33 | ||
| P/FCF | 14.3 | ||
| P/OCF | 12.47 | ||
| P/B | 5.77 | ||
| P/tB | 11.26 | ||
| EV/EBITDA | 11.74 |
EPS(TTM)2.51
EY5.54%
EPS(NY)2.83
Fwd EY6.25%
FCF(TTM)3.17
FCFY6.99%
OCF(TTM)3.63
OCFY8.02%
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 | 4.33 |
F-Score8
WACC7.97%
ROIC/WACC1.94
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-10.33%
EPS Next 2Y3.03%
EPS Next 3Y5.37%
EPS Next 5YN/A
Revenue 1Y (TTM)8.85%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%12.34%
Revenue Next Year7.22%
Revenue Next 2Y9.38%
Revenue Next 3Y8.29%
Revenue Next 5YN/A
EBIT growth 1Y40.51%
EBIT growth 3Y-3.54%
EBIT growth 5YN/A
EBIT Next Year85.34%
EBIT Next 3Y32.06%
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 18.05 and the Price/Book (PB) ratio is 5.77.
How financially healthy is NORCONSULT AS?
The financial health rating of NORCONSULT AS (NORCO.OL) is 7 / 10.