NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORCO - NO0013052209 - Common Stock
44.65 NOK
-0.25 (-0.56%)
Taking everything into account, NORCO scores 5 out of 10 in our fundamental rating. NORCO was compared to 43 industry peers in the Construction & Engineering industry. NORCO is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. 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
Looking at the Return On Assets, with a value of 8.92%, NORCO belongs to the top of the industry, outperforming 81.40% of the companies in the same industry.
The Return On Equity of NORCO (25.02%) is better than 65.12% of its industry peers.
NORCO has a better Return On Invested Capital (15.49%) than 81.40% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORCO is above the industry average of 11.09%.
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
The Profit Margin of NORCO (5.78%) is comparable to the rest of the industry.
NORCO's Profit Margin has been stable in the last couple of years.
NORCO has a Operating Margin of 6.65%. This is comparable to the rest of the industry: NORCO outperforms 53.49% 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.
The debt/assets ratio for NORCO has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.31 indicates that NORCO is not in any danger for bankruptcy at the moment.
NORCO has a Altman-Z score of 4.31. This is amongst the best in the industry. NORCO outperforms 97.67% 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.
With an excellent Debt to FCF ratio value of 1.55, NORCO belongs to the best of the industry, outperforming 83.72% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that NORCO is not too dependend on debt financing.
NORCO has a Debt to Equity ratio of 0.47. This is in the better half of the industry: NORCO outperforms 60.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | 4.31 |
ROIC/WACC1.95
WACC7.96%
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 67.44% of its industry peers.
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.
NORCO has a better Quick ratio (1.26) than 72.09% 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.
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 8.65% in the past year. This is quite good.
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
Based on estimates for the next years, NORCO will show a small growth in Earnings Per Share. The EPS will grow by 5.25% on average per year.
NORCO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.15% yearly.
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 17.51 indicates a rather expensive valuation of NORCO.
Based on the Price/Earnings ratio, NORCO is valued a bit more expensive than the industry average as 62.79% of the companies are valued more cheaply.
NORCO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.45.
With a Price/Forward Earnings ratio of 15.88, NORCO is valued correctly.
NORCO's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. NORCO is more expensive than 67.44% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of NORCO to the average of the S&P500 Index (34.46), we can say NORCO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.51 | ||
| Fwd PE | 15.88 |
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 67.44% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NORCO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.09 | ||
| EV/EBITDA | 11.61 |
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%. 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 3.43.
NORCO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| 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
NORCO pays out 82.05% of its income as dividend. This is not a sustainable payout ratio.
DP82.05%
EPS Next 2Y2.72%
EPS Next 3Y5.25%
OSL:NORCO (11/21/2025, 7:00:00 PM)
44.65
-0.25 (-0.56%)
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 Cap14.18B
Revenue(TTM)10.80B
Net Income(TTM)624.00M
Analysts81.67
Price Target55.08 (23.36%)
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)1.89%
PT rev (3m)5.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.53%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)-3.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.51 | ||
| Fwd PE | 15.88 | ||
| P/S | 1.31 | ||
| P/FCF | 14.09 | ||
| P/OCF | 12.29 | ||
| P/B | 5.69 | ||
| P/tB | 11.09 | ||
| EV/EBITDA | 11.61 |
EPS(TTM)2.55
EY5.71%
EPS(NY)2.81
Fwd EY6.3%
FCF(TTM)3.17
FCFY7.1%
OCF(TTM)3.63
OCFY8.14%
SpS34.01
BVpS7.85
TBVpS4.02
PEG (NY)N/A
PEG (5Y)N/A
Graham Number21.23
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 | 4.31 |
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)43.66%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%-47.37%
EPS Next Y-10.72%
EPS Next 2Y2.72%
EPS Next 3Y5.25%
EPS Next 5YN/A
Revenue 1Y (TTM)8.65%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%2.69%
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 4 / 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 17.51 and the Price/Book (PB) ratio is 5.69.
How financially healthy is NORCONSULT AS?
The financial health rating of NORCONSULT AS (NORCO.OL) is 7 / 10.