NORTH AMERICAN CONSTRUCTION (NOA.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NOA - CA6568111067 - Common Stock
19.5 CAD
-0.39 (-1.96%)
We assign a fundamental rating of 3 out of 10 to NOA. NOA was compared to 28 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
NOA had positive earnings in the past year.
NOA had a positive operating cash flow in the past year.
NOA had positive earnings in each of the past 5 years.
NOA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NOA has a Return On Assets (2.06%) which is comparable to the rest of the industry.
NOA's Return On Equity of 8.18% is in line compared to the rest of the industry. NOA outperforms 50.00% of its industry peers.
With a Return On Invested Capital value of 5.59%, NOA is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for NOA is significantly below the industry average of 163.31%.
| 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.
NOA's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 8.68%, NOA is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
NOA's Operating Margin has improved in the last couple of years.
NOA has a Gross Margin of 12.88%. This is in the lower half of the industry: NOA underperforms 67.86% of its industry peers.
In the last couple of years the Gross Margin of NOA has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NOA is destroying value.
The number of shares outstanding for NOA remains at a similar level compared to 1 year ago.
The number of shares outstanding for NOA has been increased compared to 5 years ago.
Compared to 1 year ago, NOA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.24, we must say that NOA is in the distress zone and has some risk of bankruptcy.
NOA has a worse Altman-Z score (1.24) than 67.86% of its industry peers.
NOA has a Debt/Equity ratio of 1.59. This is a high value indicating a heavy dependency on external financing.
NOA has a worse Debt to Equity ratio (1.59) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.24 |
ROIC/WACC0.64
WACC8.74%
2.3 Liquidity
NOA has a Current Ratio of 0.91. This is a bad value and indicates that NOA is not financially healthy enough and could expect problems in meeting its short term obligations.
NOA has a worse Current ratio (0.91) than 82.14% of its industry peers.
NOA has a Quick Ratio of 0.91. This is a bad value and indicates that NOA is not financially healthy enough and could expect problems in meeting its short term obligations.
NOA has a worse Quick ratio (0.73) than 75.00% 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.
Looking at the last year, NOA shows a quite strong growth in Revenue. The Revenue has grown by 8.24% in the last year.
NOA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.15% yearly.
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 -1.87% on average over the next years.
Based on estimates for the next years, NOA will show a small growth in Revenue. The Revenue will grow by 6.89% on average per year.
EPS Next Y-45.71%
EPS Next 2Y-6.41%
EPS Next 3Y-1.87%
EPS Next 5YN/A
Revenue Next Year12.31%
Revenue Next 2Y9.34%
Revenue Next 3Y6.89%
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
Based on the Price/Earnings ratio of 8.82, the valuation of NOA can be described as reasonable.
78.57% of the companies in the same industry are more expensive than NOA, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of NOA to the average of the S&P500 Index (26.49), we can say NOA is valued rather cheaply.
A Price/Forward Earnings ratio of 5.97 indicates a rather cheap valuation of NOA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NOA indicates a rather cheap valuation: NOA is cheaper than 85.71% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of NOA to the average of the S&P500 Index (23.69), we can say NOA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.82 | ||
| Fwd PE | 5.97 |
4.2 Price Multiples
NOA's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.25 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.45
EPS Next 2Y-6.41%
EPS Next 3Y-1.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.41%, NOA has a reasonable but not impressive dividend return.
NOA's Dividend Yield is a higher than the industry average which is at 3.12.
NOA's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
5.2 History
On average, the dividend of NOA grows each year by 31.86%, which is quite nice.
NOA has been paying a dividend for at least 10 years, so it has 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-6.41%
EPS Next 3Y-1.87%
TSX:NOA (12/5/2025, 7:00:00 PM)
19.5
-0.39 (-1.96%)
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 Cap566.87M
Revenue(TTM)1.28B
Net Income(TTM)38.52M
Analysts78
Price Target31.18 (59.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
Yearly Dividend0.4
Dividend Growth(5Y)31.86%
DP32.95%
Div Incr Years3
Div Non Decr Years10
Ex-Date
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)0.47%
PT rev (3m)0.47%
EPS NQ rev (1m)-6.72%
EPS NQ rev (3m)-30.84%
EPS NY rev (1m)-13.35%
EPS NY rev (3m)-31.63%
Revenue NQ rev (1m)2.95%
Revenue NQ rev (3m)1.27%
Revenue NY rev (1m)3.29%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.82 | ||
| Fwd PE | 5.97 | ||
| P/S | 0.44 | ||
| P/FCF | N/A | ||
| P/OCF | 1.85 | ||
| P/B | 1.2 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 4.25 |
EPS(TTM)2.21
EY11.33%
EPS(NY)3.27
Fwd EY16.76%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)10.54
OCFY54.06%
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
WACC8.74%
ROIC/WACC0.64
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-6.41%
EPS Next 3Y-1.87%
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 2Y9.34%
Revenue Next 3Y6.89%
Revenue Next 5YN/A
EBIT growth 1Y-37.63%
EBIT growth 3Y54.22%
EBIT growth 5Y21.26%
EBIT Next Year96.86%
EBIT Next 3Y29.51%
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
Can you provide the ChartMill fundamental rating for NORTH AMERICAN CONSTRUCTION?
ChartMill assigns a fundamental rating of 3 / 10 to NOA.CA.
What is the valuation status of NORTH AMERICAN CONSTRUCTION (NOA.CA) 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.
Can you provide the PE and PB ratios for NOA stock?
The Price/Earnings (PE) ratio for NORTH AMERICAN CONSTRUCTION (NOA.CA) is 8.82 and the Price/Book (PB) ratio is 1.2.
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.