NORTH AMERICAN CONSTRUCTION (NOA) Stock Fundamental Analysis

NYSE:NOA • CA6568111067

16.47 USD
-0.19 (-1.14%)
At close: Feb 20, 2026
16.47 USD
0 (0%)
After Hours: 2/20/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall NOA gets a fundamental rating of 4 out of 10. We evaluated NOA against 61 industry peers in the Energy Equipment & Services industry. There are concerns on the financial health of NOA while its profitability can be described as average. NOA has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year NOA was profitable.
  • NOA had a positive operating cash flow in the past year.
  • Each year in the past 5 years NOA has been profitable.
  • NOA had a positive operating cash flow in each of the past 5 years.
NOA Yearly Net Income VS EBIT VS OCF VS FCFNOA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M

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 fine compared to the rest of the industry. NOA outperforms 68.85% of its industry peers.
  • With a Return On Invested Capital value of 5.59%, NOA perfoms like the industry average, outperforming 57.38% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for NOA is significantly below the industry average of 12.92%.
Industry RankSector 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%
NOA Yearly ROA, ROE, ROICNOA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

1.3 Margins

  • NOA has a Profit Margin (3.00%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of NOA has declined.
  • NOA has a Operating Margin (8.68%) which is in line with its industry peers.
  • In the last couple of years the Operating Margin of NOA has grown nicely.
  • NOA has a Gross Margin of 12.88%. This is amonst the worse of the industry: NOA underperforms 81.97% of its industry peers.
  • In the last couple of years the Gross Margin of NOA has grown nicely.
Industry RankSector 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%
NOA Yearly Profit, Operating, Gross MarginsNOA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

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ROAROEROICOperating and Profit MarginShow most profitable peers

0

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.
  • NOA has more shares outstanding than it did 5 years ago.
  • NOA has a worse debt/assets ratio than last year.
NOA Yearly Shares OutstandingNOA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
NOA Yearly Total Debt VS Total AssetsNOA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • NOA has an Altman-Z score of 1.27. This is a bad value and indicates that NOA is not financially healthy and even has some risk of bankruptcy.
  • NOA has a worse Altman-Z score (1.27) than 70.49% 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's Debt to Equity ratio of 1.59 is on the low side compared to the rest of the industry. NOA is outperformed by 81.97% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.59
Debt/FCF N/A
Altman-Z 1.27
ROIC/WACC0.63
WACC8.91%
NOA Yearly LT Debt VS Equity VS FCFNOA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 0.91 indicates that NOA may have some problems paying its short term obligations.
  • NOA has a Current ratio of 0.91. This is amonst the worse of the industry: NOA underperforms 91.80% of its industry peers.
  • A Quick Ratio of 0.73 indicates that NOA may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.73, NOA is doing worse than 88.52% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.91
Quick Ratio 0.73
NOA Yearly Current Assets VS Current LiabilitesNOA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The earnings per share for NOA have decreased strongly by -38.61% in the last year.
  • NOA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.82% yearly.
  • The Revenue has grown by 8.24% in the past year. This is quite good.
  • The Revenue has been growing by 10.15% on average over the past years. This is quite good.
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

  • Based on estimates for the next years, NOA will show a decrease in Earnings Per Share. The EPS will decrease by -1.53% on average per year.
  • The Revenue is expected to grow by 8.40% on average over the next years. This is quite good.
EPS Next Y-45.91%
EPS Next 2Y-8.75%
EPS Next 3Y-1.53%
EPS Next 5YN/A
Revenue Next Year11.15%
Revenue Next 2Y9.95%
Revenue Next 3Y8.4%
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.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
NOA Yearly Revenue VS EstimatesNOA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
NOA Yearly EPS VS EstimatesNOA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 10.23 indicates a reasonable valuation of NOA.
  • Based on the Price/Earnings ratio, NOA is valued cheaply inside the industry as 95.08% of the companies are valued more expensively.
  • NOA is valuated cheaply when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
  • NOA is valuated cheaply with a Price/Forward Earnings ratio of 7.26.
  • NOA's Price/Forward Earnings ratio is rather cheap when compared to the industry. NOA is cheaper than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.02, NOA is valued rather cheaply.
Industry RankSector Rank
PE 10.23
Fwd PE 7.26
NOA Price Earnings VS Forward Price EarningsNOA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NOA indicates a rather cheap valuation: NOA is cheaper than 93.44% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.53
NOA Per share dataNOA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)0.52
EPS Next 2Y-8.75%
EPS Next 3Y-1.53%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • NOA has a Yearly Dividend Yield of 2.11%. 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 1.10.
  • Compared to an average S&P500 Dividend Yield of 1.81, NOA has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.11%

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 its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)31.86%
Div Incr Years3
Div Non Decr Years6
NOA Yearly Dividends per shareNOA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4

5.3 Sustainability

  • NOA pays out 32.95% of its income as dividend. This is a sustainable payout ratio.
DP32.95%
EPS Next 2Y-8.75%
EPS Next 3Y-1.53%
NOA Yearly Income VS Free CF VS DividendNOA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M 60M -60M
NOA Dividend Payout.NOA Dividend Payout, showing the Payout Ratio.NOA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

NORTH AMERICAN CONSTRUCTION

NYSE:NOA (2/20/2026, 8:04:00 PM)

After market: 16.47 0 (0%)

16.47

-0.19 (-1.14%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-12
Earnings (Next)03-11
Inst Owners66.82%
Inst Owner Change9.15%
Ins Owners10.06%
Ins Owner ChangeN/A
Market Cap478.78M
Revenue(TTM)1.28B
Net Income(TTM)38.52M
Analysts80
Price Target22.12 (34.3%)
Short Float %0.83%
Short Ratio1.68
Dividend
Industry RankSector Rank
Dividend Yield 2.11%
Yearly Dividend0.29
Dividend Growth(5Y)31.86%
DP32.95%
Div Incr Years3
Div Non Decr Years6
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)-3.92%
Revenue beat(16)4
Avg Revenue beat(16)-3.84%
PT rev (1m)-0.66%
PT rev (3m)-0.23%
EPS NQ rev (1m)-17.82%
EPS NQ rev (3m)3.62%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.68%
Revenue NQ rev (1m)-5.15%
Revenue NQ rev (3m)-2.35%
Revenue NY rev (1m)-1.04%
Revenue NY rev (3m)2.22%
Valuation
Industry RankSector Rank
PE 10.23
Fwd PE 7.26
P/S 0.51
P/FCF N/A
P/OCF 2.14
P/B 1.39
P/tB 1.42
EV/EBITDA 4.53
EPS(TTM)1.61
EY9.78%
EPS(NY)2.27
Fwd EY13.77%
FCF(TTM)-0.15
FCFYN/A
OCF(TTM)7.7
OCFY46.75%
SpS32.27
BVpS11.84
TBVpS11.57
PEG (NY)N/A
PEG (5Y)0.52
Graham Number20.71
Profitability
Industry RankSector 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 RankSector 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 1.27
F-Score5
WACC8.91%
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-45.91%
EPS Next 2Y-8.75%
EPS Next 3Y-1.53%
EPS Next 5YN/A
Revenue 1Y (TTM)8.24%
Revenue growth 3Y21.24%
Revenue growth 5Y10.15%
Sales Q2Q%10.59%
Revenue Next Year11.15%
Revenue Next 2Y9.95%
Revenue Next 3Y8.4%
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 5Y22.48%
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 FAQ

What is the ChartMill fundamental rating of NORTH AMERICAN CONSTRUCTION (NOA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to NOA.


What is the valuation status for NOA stock?

ChartMill assigns a valuation rating of 5 / 10 to NORTH AMERICAN CONSTRUCTION (NOA). This can be considered as Fairly Valued.


What is the profitability of NOA stock?

NORTH AMERICAN CONSTRUCTION (NOA) has a profitability rating of 5 / 10.


What is the expected EPS growth for NORTH AMERICAN CONSTRUCTION (NOA) stock?

The Earnings per Share (EPS) of NORTH AMERICAN CONSTRUCTION (NOA) is expected to decline by -45.91% in the next year.


How sustainable is the dividend of NORTH AMERICAN CONSTRUCTION (NOA) stock?

The dividend rating of NORTH AMERICAN CONSTRUCTION (NOA) is 6 / 10 and the dividend payout ratio is 32.95%.