NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORCO - NO0013052209 - Common Stock
45.9 NOK
+0.2 (+0.44%)
Overall NORCO gets a fundamental rating of 5 out of 10. We evaluated NORCO against 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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
NORCO had positive earnings in the past year.
In the past year NORCO had a positive cash flow from operations.
1.2 Ratios
The Return On Assets of NORCO (8.92%) is better than 82.93% of its industry peers.
Looking at the Return On Equity, with a value of 25.02%, NORCO is in the better half of the industry, outperforming 68.29% of the companies in the same industry.
NORCO has a better Return On Invested Capital (15.49%) than 82.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORCO is above the industry average of 10.84%.
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
NORCO has a Profit Margin (5.78%) which is in line with its industry peers.
In the last couple of years the Profit Margin of NORCO has remained more or less at the same level.
Looking at the Operating Margin, with a value of 6.65%, NORCO is in line with its industry, outperforming 51.22% of the companies in the same industry.
In the last couple of years the Operating Margin of NORCO has declined.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NORCO is creating value.
NORCO has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, NORCO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.35 indicates that NORCO is not in any danger for bankruptcy at the moment.
NORCO has a Altman-Z score of 4.35. This is amongst the best in the industry. NORCO outperforms 100.00% of its industry peers.
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's Debt to FCF ratio of 1.55 is amongst the best of 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.
The Debt to Equity ratio of NORCO (0.47) is better than 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | 4.35 |
ROIC/WACC1.94
WACC7.98%
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.
NORCO's Current ratio of 1.26 is fine compared to the rest of the industry. NORCO outperforms 68.29% 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
The Earnings Per Share has been growing slightly by 3.21% over the past year.
NORCO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.47% yearly.
NORCO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.85%.
The Revenue has been growing by 12.09% on average over the past years. This is quite good.
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 5.37% 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 8.29% on average per year.
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.
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
Based on the Price/Earnings ratio of 18.29, the valuation of NORCO can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of NORCO is on the same level as its industry peers.
When comparing the Price/Earnings ratio of NORCO to the average of the S&P500 Index (26.51), we can say NORCO is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 16.22, the valuation of NORCO can be described as correct.
60.98% of the companies in the same industry are cheaper than NORCO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, NORCO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.29 | ||
| Fwd PE | 16.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NORCO is valued a bit more expensive than 63.41% of the companies in the same industry.
NORCO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.49 | ||
| EV/EBITDA | 11.89 |
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 3.75%. 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 2.35.
NORCO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
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 (12/30/2025, 7:00:00 PM)
45.9
+0.2 (+0.44%)
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 Cap14.58B
Revenue(TTM)10.41B
Net Income(TTM)624.00M
Analysts81.67
Price Target55.59 (21.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
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%
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)-0.14%
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 | 18.29 | ||
| Fwd PE | 16.22 | ||
| P/S | 1.35 | ||
| P/FCF | 14.49 | ||
| P/OCF | 12.63 | ||
| P/B | 5.84 | ||
| P/tB | 11.4 | ||
| EV/EBITDA | 11.89 |
EPS(TTM)2.51
EY5.47%
EPS(NY)2.83
Fwd EY6.16%
FCF(TTM)3.17
FCFY6.9%
OCF(TTM)3.63
OCFY7.92%
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 | 4.35 |
F-Score8
WACC7.98%
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 Year87.34%
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 for NORCO 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 4 / 10.
What is the earnings growth outlook for NORCONSULT AS?
The Earnings per Share (EPS) of NORCONSULT AS (NORCO.OL) is expected to decline by -10.33% in the next year.
Can you provide the dividend sustainability for NORCO stock?
The dividend rating of NORCONSULT AS (NORCO.OL) is 4 / 10 and the dividend payout ratio is 82.05%.