NORTH AMERICAN CONSTRUCTION (NOA.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NOA - CA6568111067 - Common Stock
19.54 CAD
+0.19 (+0.98%)
Overall NOA gets a fundamental rating of 3 out of 10. We evaluated NOA against 27 industry peers in the Energy Equipment & Services industry. NOA has a medium profitability rating, but doesn't score so well on its financial health evaluation. NOA has a decent growth rate and is not valued too expensively. NOA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NOA was profitable.
In the past year NOA had a positive cash flow from operations.
In the past 5 years NOA has always been profitable.
In the past 5 years NOA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.06%, NOA is in line with its industry, outperforming 40.74% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.18%, NOA is in line with its industry, outperforming 48.15% of the companies in the same industry.
With a Return On Invested Capital value of 5.59%, NOA perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
NOA had an Average Return On Invested Capital over the past 3 years of 6.92%. This is significantly below the industry average of 177.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.06% | ||
| ROE | 8.18% | ||
| ROIC | 5.59% |
ROA(3y)4.52%
ROA(5y)5.07%
ROE(3y)17.02%
ROE(5y)17.87%
ROIC(3y)6.92%
ROIC(5y)5.82%
1.3 Margins
NOA has a Profit Margin (3.00%) which is in line with its industry peers.
In the last couple of years the Profit Margin of NOA has declined.
NOA has a Operating Margin of 8.68%. This is comparable to the rest of the industry: NOA outperforms 59.26% of its industry peers.
In the last couple of years the Operating Margin of NOA has grown nicely.
NOA's Gross Margin of 12.88% is on the low side compared to the rest of the industry. NOA is outperformed by 70.37% of its industry peers.
NOA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.68% | ||
| PM (TTM) | 3% | ||
| GM | 12.88% |
OM growth 3Y27.21%
OM growth 5Y10.09%
PM growth 3Y-21.64%
PM growth 5Y-5.91%
GM growth 3Y14.79%
GM growth 5Y6.09%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NOA is destroying value.
The number of shares outstanding for NOA remains at a similar level compared to 1 year ago.
NOA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NOA has a worse debt to assets ratio.
2.2 Solvency
NOA has an Altman-Z score of 1.24. This is a bad value and indicates that NOA is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.24, NOA is doing worse than 62.96% of the companies in the same industry.
A Debt/Equity ratio of 1.59 is on the high side and indicates that NOA has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.59, NOA is doing worse than 81.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.24 |
ROIC/WACC0.63
WACC8.83%
2.3 Liquidity
A Current Ratio of 0.91 indicates that NOA may have some problems paying its short term obligations.
NOA's Current ratio of 0.91 is on the low side compared to the rest of the industry. NOA is outperformed by 77.78% of its industry peers.
A Quick Ratio of 0.73 indicates that NOA may have some problems paying its short term obligations.
NOA has a Quick ratio of 0.73. This is in the lower half of the industry: NOA underperforms 74.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
The earnings per share for NOA have decreased strongly by -38.61% in the last year.
Measured over the past years, NOA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.82% on average per year.
The Revenue has grown by 8.24% in the past year. This is quite good.
Measured over the past years, NOA shows a quite strong growth in Revenue. The Revenue has been growing by 10.15% on average per year.
EPS 1Y (TTM)-38.61%
EPS 3Y21.88%
EPS 5Y19.82%
EPS Q2Q%-42.74%
Revenue 1Y (TTM)8.24%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%10.59%
3.2 Future
The Earnings Per Share is expected to decrease by -1.54% on average over the next years.
The Revenue is expected to grow by 7.95% on average over the next years.
EPS Next Y-45.71%
EPS Next 2Y-7.5%
EPS Next 3Y-1.54%
EPS Next 5YN/A
Revenue Next Year12.31%
Revenue Next 2Y9.91%
Revenue Next 3Y7.95%
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
NOA is valuated reasonably with a Price/Earnings ratio of 8.84.
NOA's Price/Earnings ratio is rather cheap when compared to the industry. NOA is cheaper than 81.48% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, NOA is valued rather cheaply.
The Price/Forward Earnings ratio is 6.12, which indicates a rather cheap valuation of NOA.
Based on the Price/Forward Earnings ratio, NOA is valued cheaply inside the industry as 85.19% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.13. NOA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.84 | ||
| Fwd PE | 6.12 |
4.2 Price Multiples
62.96% of the companies in the same industry are more expensive than NOA, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.26 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.45
EPS Next 2Y-7.5%
EPS Next 3Y-1.54%
5. Dividend
5.1 Amount
NOA has a Yearly Dividend Yield of 2.53%. Purely for dividend investing, there may be better candidates out there.
NOA's Dividend Yield is a higher than the industry average which is at 1.28.
NOA's Dividend Yield is a higher than the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
5.2 History
The dividend of NOA is nicely growing with an annual growth rate of 31.86%!
NOA has paid a dividend for at least 10 years, which is a reliable track record.
NOA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)31.86%
Div Incr Years3
Div Non Decr Years10
5.3 Sustainability
NOA pays out 32.95% of its income as dividend. This is a sustainable payout ratio.
DP32.95%
EPS Next 2Y-7.5%
EPS Next 3Y-1.54%
TSX:NOA (12/30/2025, 7:00:00 PM)
19.54
+0.19 (+0.98%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners72.74%
Inst Owner ChangeN/A
Ins Owners9.97%
Ins Owner ChangeN/A
Market Cap568.03M
Revenue(TTM)1.28B
Net Income(TTM)38.52M
Analysts78
Price Target30.89 (58.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
Yearly Dividend0.4
Dividend Growth(5Y)31.86%
DP32.95%
Div Incr Years3
Div Non Decr Years10
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-59.29%
Min EPS beat(2)-97.55%
Max EPS beat(2)-21.03%
EPS beat(4)0
Avg EPS beat(4)-38.46%
Min EPS beat(4)-97.55%
Max EPS beat(4)-1.79%
EPS beat(8)2
Avg EPS beat(8)-19.74%
EPS beat(12)5
Avg EPS beat(12)-5.8%
EPS beat(16)6
Avg EPS beat(16)-7.94%
Revenue beat(2)0
Avg Revenue beat(2)-7.6%
Min Revenue beat(2)-9.99%
Max Revenue beat(2)-5.2%
Revenue beat(4)1
Avg Revenue beat(4)-2.45%
Min Revenue beat(4)-9.99%
Max Revenue beat(4)8.8%
Revenue beat(8)1
Avg Revenue beat(8)-5.8%
Revenue beat(12)3
Avg Revenue beat(12)-3.86%
Revenue beat(16)4
Avg Revenue beat(16)-3.79%
PT rev (1m)-0.93%
PT rev (3m)-0.47%
EPS NQ rev (1m)17.57%
EPS NQ rev (3m)9.66%
EPS NY rev (1m)-13.35%
EPS NY rev (3m)-13.35%
Revenue NQ rev (1m)1.23%
Revenue NQ rev (3m)1.7%
Revenue NY rev (1m)3.29%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.84 | ||
| Fwd PE | 6.12 | ||
| P/S | 0.44 | ||
| P/FCF | N/A | ||
| P/OCF | 1.85 | ||
| P/B | 1.21 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 4.26 |
EPS(TTM)2.21
EY11.31%
EPS(NY)3.19
Fwd EY16.33%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)10.54
OCFY53.95%
SpS44.18
BVpS16.21
TBVpS15.84
PEG (NY)N/A
PEG (5Y)0.45
Graham Number28.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.06% | ||
| ROE | 8.18% | ||
| ROCE | 7.62% | ||
| ROIC | 5.59% | ||
| ROICexc | 6.01% | ||
| ROICexgc | 6.06% | ||
| OM | 8.68% | ||
| PM (TTM) | 3% | ||
| GM | 12.88% | ||
| FCFM | N/A |
ROA(3y)4.52%
ROA(5y)5.07%
ROE(3y)17.02%
ROE(5y)17.87%
ROIC(3y)6.92%
ROIC(5y)5.82%
ROICexc(3y)7.45%
ROICexc(5y)6.21%
ROICexgc(3y)7.51%
ROICexgc(5y)6.25%
ROCE(3y)9.42%
ROCE(5y)7.93%
ROICexgc growth 3Y25.02%
ROICexgc growth 5Y5.06%
ROICexc growth 3Y24.95%
ROICexc growth 5Y4.89%
OM growth 3Y27.21%
OM growth 5Y10.09%
PM growth 3Y-21.64%
PM growth 5Y-5.91%
GM growth 3Y14.79%
GM growth 5Y6.09%
F-Score5
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.33 | ||
| Cap/Depr | 149.18% | ||
| Cap/Sales | 24.33% | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | 95.49% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 1.24 |
F-Score5
WACC8.83%
ROIC/WACC0.63
Cap/Depr(3y)140.73%
Cap/Depr(5y)131.94%
Cap/Sales(3y)20.21%
Cap/Sales(5y)20.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.61%
EPS 3Y21.88%
EPS 5Y19.82%
EPS Q2Q%-42.74%
EPS Next Y-45.71%
EPS Next 2Y-7.5%
EPS Next 3Y-1.54%
EPS Next 5YN/A
Revenue 1Y (TTM)8.24%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%10.59%
Revenue Next Year12.31%
Revenue Next 2Y9.91%
Revenue Next 3Y7.95%
Revenue Next 5YN/A
EBIT growth 1Y-37.63%
EBIT growth 3Y54.22%
EBIT growth 5Y21.26%
EBIT Next Year96.81%
EBIT Next 3Y30.21%
EBIT Next 5YN/A
FCF growth 1Y-113.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y63.34%
OCF growth 3Y9.62%
OCF growth 5Y6.62%
NORTH AMERICAN CONSTRUCTION / NOA.CA FAQ
What is the ChartMill fundamental rating of NORTH AMERICAN CONSTRUCTION (NOA.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to NOA.CA.
What is the valuation status for NOA stock?
ChartMill assigns a valuation rating of 5 / 10 to NORTH AMERICAN CONSTRUCTION (NOA.CA). This can be considered as Fairly Valued.
What is the profitability of NOA stock?
NORTH AMERICAN CONSTRUCTION (NOA.CA) has a profitability rating of 4 / 10.
What is the expected EPS growth for NORTH AMERICAN CONSTRUCTION (NOA.CA) stock?
The Earnings per Share (EPS) of NORTH AMERICAN CONSTRUCTION (NOA.CA) is expected to decline by -45.71% in the next year.
How sustainable is the dividend of NORTH AMERICAN CONSTRUCTION (NOA.CA) stock?
The dividend rating of NORTH AMERICAN CONSTRUCTION (NOA.CA) is 7 / 10 and the dividend payout ratio is 32.95%.