NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
OSL:NORCO - Euronext Oslo - NO0013052209 - Common Stock - Currency: NOK
Overall NORCO gets a fundamental rating of 5 out of 10. We evaluated NORCO against 11 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 has a Return On Assets of 8.94%. This is amongst the best in the industry. NORCO outperforms 80.49% of its industry peers.
The Return On Equity of NORCO (23.25%) is better than 73.17% of its industry peers.
NORCO has a better Return On Invested Capital (14.89%) than 80.49% of its industry peers.
NORCO had an Average Return On Invested Capital over the past 3 years of 14.25%. This is significantly above the industry average of 6.81%.
The last Return On Invested Capital (14.89%) for NORCO is above the 3 year average (14.25%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.94% | ||
| ROE | 23.25% | ||
| ROIC | 14.89% |
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 6.05%, NORCO is doing good in the industry, outperforming 60.98% 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 (7.02%) which is in line with its industry peers.
In the last couple of years the Operating Margin of NORCO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.02% | ||
| PM (TTM) | 6.05% | ||
| 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.
Compared to 1 year ago, NORCO has more shares outstanding
Compared to 1 year ago, NORCO has an improved debt to assets ratio.
2.2 Solvency
NORCO has an Altman-Z score of 4.34. This indicates that NORCO is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.34, NORCO belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
The Debt to FCF ratio of NORCO is 1.43, which is an excellent value as it means it would take NORCO, only 1.43 years of fcf income to pay off all of its debts.
NORCO has a Debt to FCF ratio of 1.43. This is amongst the best in the industry. NORCO outperforms 80.49% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that NORCO is not too dependend on debt financing.
NORCO's Debt to Equity ratio of 0.44 is fine compared to the rest of the industry. NORCO outperforms 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 4.34 |
ROIC/WACC1.85
WACC8.03%
2.3 Liquidity
A Current Ratio of 1.37 indicates that NORCO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.37, NORCO is in the better half of the industry, outperforming 73.17% of the companies in the same industry.
A Quick Ratio of 1.37 indicates that NORCO should not have too much problems paying its short term obligations.
NORCO's Quick ratio of 1.37 is amongst the best of the industry. NORCO outperforms 80.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 76.43% 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 11.89%.
The Revenue has been growing by 12.09% on average over the past years. This is quite good.
EPS 1Y (TTM)76.43%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%39.34%
Revenue 1Y (TTM)11.89%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%11.86%
3.2 Future
The Earnings Per Share is expected to grow by 3.00% on average over the next years.
NORCO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.94% yearly.
EPS Next Y-7.09%
EPS Next 2Y0.63%
EPS Next 3Y3%
EPS Next 5YN/A
Revenue Next Year8.17%
Revenue Next 2Y7.37%
Revenue Next 3Y6.94%
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.
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
The Price/Earnings ratio is 14.88, which indicates a correct valuation of NORCO.
NORCO's Price/Earnings is on the same level as the industry average.
NORCO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.28.
NORCO is valuated correctly with a Price/Forward Earnings ratio of 16.05.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NORCO indicates a slightly more expensive valuation: NORCO is more expensive than 70.73% of the companies listed in the same industry.
NORCO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.88 | ||
| Fwd PE | 16.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NORCO is valued a bit more expensive than 70.73% 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 | 12.04 | ||
| EV/EBITDA | 11.11 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.63%
EPS Next 3Y3%
5. Dividend
5.1 Amount
NORCO has a Yearly Dividend Yield of 3.83%. 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 4.01.
NORCO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NORCO pays out 52.85% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP52.85%
EPS Next 2Y0.63%
EPS Next 3Y3%
OSL:NORCO (7/2/2025, 7:00:00 PM)
43.3
-2 (-4.42%)
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 Cap13.44B
Analysts78.46
Price Target51 (17.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
Yearly Dividend1.17
Dividend Growth(5Y)N/A
DP52.85%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)10.83%
Min EPS beat(2)-8.31%
Max EPS beat(2)29.97%
EPS beat(4)3
Avg EPS beat(4)24.9%
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)6.01%
Min Revenue beat(2)3.77%
Max Revenue beat(2)8.24%
Revenue beat(4)4
Avg Revenue beat(4)7.78%
Min Revenue beat(4)3.77%
Max Revenue beat(4)11.08%
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)0.6%
PT rev (3m)-1.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.88 | ||
| Fwd PE | 16.05 | ||
| P/S | 1.25 | ||
| P/FCF | 12.04 | ||
| P/OCF | 10.67 | ||
| P/B | 4.82 | ||
| P/tB | 8.47 | ||
| EV/EBITDA | 11.11 |
EPS(TTM)2.91
EY6.72%
EPS(NY)2.7
Fwd EY6.23%
FCF(TTM)3.6
FCFY8.31%
OCF(TTM)4.06
OCFY9.37%
SpS34.54
BVpS8.99
TBVpS5.11
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.94% | ||
| ROE | 23.25% | ||
| ROCE | 18.12% | ||
| ROIC | 14.89% | ||
| ROICexc | 22.45% | ||
| ROICexgc | 39.83% | ||
| OM | 7.02% | ||
| PM (TTM) | 6.05% | ||
| GM | N/A | ||
| FCFM | 10.41% |
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 Turnover1.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.98 | ||
| Cap/Depr | 29.01% | ||
| Cap/Sales | 1.33% | ||
| Interest Coverage | 15.37 | ||
| Cash Conversion | 101.12% | ||
| Profit Quality | 172.11% | ||
| Current Ratio | 1.37 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 4.34 |
F-Score8
WACC8.03%
ROIC/WACC1.85
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)76.43%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%39.34%
EPS Next Y-7.09%
EPS Next 2Y0.63%
EPS Next 3Y3%
EPS Next 5YN/A
Revenue 1Y (TTM)11.89%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%11.86%
Revenue Next Year8.17%
Revenue Next 2Y7.37%
Revenue Next 3Y6.94%
Revenue Next 5YN/A
EBIT growth 1Y70.36%
EBIT growth 3Y-3.54%
EBIT growth 5YN/A
EBIT Next Year83.21%
EBIT Next 3Y28.61%
EBIT Next 5YN/A
FCF growth 1Y20.5%
FCF growth 3Y17.62%
FCF growth 5YN/A
OCF growth 1Y22.09%
OCF growth 3Y17.66%
OCF growth 5YN/A