NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
Europe - OSL:NORCO - NO0013052209 - Common Stock
48.7 NOK
-0.2 (-0.41%)
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. While showing a medium growth rate, NORCO is valued expensive at the moment.
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's Return On Assets of 8.92% is amongst the best of 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 73.17% of the companies in the same industry.
With an excellent Return On Invested Capital value of 15.49%, NORCO belongs to the best of the industry, outperforming 80.49% of the companies in the same industry.
NORCO had an Average Return On Invested Capital over the past 3 years of 14.25%. This is above the industry average of 11.06%.
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 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.
NORCO's Operating Margin of 6.65% is in line compared to the rest of the industry. NORCO outperforms 51.22% of its industry peers.
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
NORCO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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
NORCO has an Altman-Z score of 4.48. This indicates that NORCO is financially healthy and has little risk of bankruptcy at the moment.
NORCO has a Altman-Z score of 4.48. This is amongst the best in the industry. NORCO outperforms 95.12% of its industry peers.
NORCO has a debt to FCF ratio of 1.55. This is a very positive value and a sign of high solvency as it would only need 1.55 years to pay back of all of its debts.
NORCO has a Debt to FCF ratio of 1.55. This is amongst the best in the industry. NORCO outperforms 80.49% 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 | 4.48 |
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.
With a decent Current ratio value of 1.26, NORCO is doing good in the industry, outperforming 65.85% of the companies in the same industry.
NORCO has a Quick 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 Quick ratio of NORCO (1.26) is better than 68.29% 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 grown by an impressive 43.66% over the past year.
Measured over the past years, NORCO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.47% on average per year.
NORCO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.65%.
The Revenue has been growing by 12.09% on average over the past years. This is quite good.
EPS 1Y (TTM)43.66%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%-47.37%
Revenue 1Y (TTM)8.65%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%2.69%
3.2 Future
NORCO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.50% yearly.
Based on estimates for the next years, NORCO will show a small growth in Revenue. The Revenue will grow by 7.33% on average per year.
EPS Next Y5.9%
EPS Next 2Y1.58%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue Next Year6.17%
Revenue Next 2Y8.25%
Revenue Next 3Y7.33%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
NORCO is valuated rather expensively with a Price/Earnings ratio of 19.10.
NORCO's Price/Earnings ratio is a bit more expensive when compared to the industry. NORCO is more expensive than 65.85% of the companies in the same industry.
NORCO is valuated rather cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 17.71, NORCO is valued on the expensive side.
Based on the Price/Forward Earnings ratio, NORCO is valued a bit more expensive than the industry average as 68.29% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, NORCO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.1 | ||
| Fwd PE | 17.71 |
4.2 Price Multiples
68.29% of the companies in the same industry are cheaper than NORCO, based on the Enterprise Value to EBITDA ratio.
NORCO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.37 | ||
| EV/EBITDA | 12.67 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.24
PEG (5Y)N/A
EPS Next 2Y1.58%
EPS Next 3Y9.5%
5. Dividend
5.1 Amount
NORCO has a Yearly Dividend Yield of 3.49%.
Compared to an average industry Dividend Yield of 3.72, NORCO pays a bit more dividend than its industry peers.
NORCO's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NORCO pays out 82.05% of its income as dividend. This is not a sustainable payout ratio.
DP82.05%
EPS Next 2Y1.58%
EPS Next 3Y9.5%
OSL:NORCO (9/19/2025, 4:12:21 PM)
48.7
-0.2 (-0.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners27.86%
Inst Owner ChangeN/A
Ins Owners2.05%
Ins Owner ChangeN/A
Market Cap15.46B
Analysts80
Price Target54.06 (11.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
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)3.92%
PT rev (3m)6%
EPS NQ rev (1m)-0.53%
EPS NQ rev (3m)N/A
EPS NY rev (1m)13.98%
EPS NY rev (3m)13.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.81%
Revenue NY rev (3m)-1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.1 | ||
| Fwd PE | 17.71 | ||
| P/S | 1.43 | ||
| P/FCF | 15.37 | ||
| P/OCF | 13.4 | ||
| P/B | 6.2 | ||
| P/tB | 12.1 | ||
| EV/EBITDA | 12.67 |
EPS(TTM)2.55
EY5.24%
EPS(NY)2.75
Fwd EY5.65%
FCF(TTM)3.17
FCFY6.51%
OCF(TTM)3.63
OCFY7.46%
SpS34.01
BVpS7.85
TBVpS4.02
PEG (NY)3.24
PEG (5Y)N/A
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
ROICexcg growth 3Y3.19%
ROICexcg 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 | 4.48 |
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)43.66%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%-47.37%
EPS Next Y5.9%
EPS Next 2Y1.58%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue 1Y (TTM)8.65%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%2.69%
Revenue Next Year6.17%
Revenue Next 2Y8.25%
Revenue Next 3Y7.33%
Revenue Next 5YN/A
EBIT growth 1Y40.51%
EBIT growth 3Y-3.54%
EBIT growth 5YN/A
EBIT Next Year83.21%
EBIT Next 3Y28.61%
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