NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORCO - NO0013052209 - Common Stock
44.5 NOK
+0.6 (+1.37%)
Overall NORCO gets a fundamental rating of 5 out of 10. We evaluated NORCO against 45 industry peers in the Construction & Engineering industry. While NORCO has a great health rating, its profitability is only average at the moment. While showing a medium growth rate, NORCO is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
NORCO had positive earnings in the past year.
NORCO had a positive operating cash flow in the past year.
1.2 Ratios
NORCO's Return On Assets of 8.92% is amongst the best of the industry. NORCO outperforms 82.22% of its industry peers.
NORCO has a Return On Equity of 25.02%. This is in the better half of the industry: NORCO outperforms 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 15.49%, NORCO belongs to the top of the industry, outperforming 82.22% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NORCO is above the industry average of 10.78%.
The 3 year average ROIC (14.25%) for NORCO is below the current ROIC(15.49%), indicating increased profibility in the last year.
| 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
NORCO has a Profit Margin of 5.78%. This is in the better half of the industry: NORCO outperforms 62.22% of its industry peers.
In the last couple of years the Profit Margin of NORCO has remained more or less at the same level.
The Operating Margin of NORCO (6.65%) is comparable to the rest of the industry.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NORCO is creating value.
Compared to 1 year ago, NORCO has more shares outstanding
NORCO has a better debt/assets ratio than last year.
2.2 Solvency
NORCO has an Altman-Z score of 4.26. This indicates that NORCO is financially healthy and has little risk of bankruptcy at the moment.
NORCO's Altman-Z score of 4.26 is amongst the best of the industry. NORCO outperforms 95.56% of its industry peers.
NORCO has a debt to FCF ratio of 1.55. This is a very positive value and a sign of high solvency as it would only need 1.55 years to pay back of all of its debts.
The Debt to FCF ratio of NORCO (1.55) is better than 84.44% of its industry peers.
NORCO has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
NORCO has a better Debt to Equity ratio (0.47) than 64.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | 4.26 |
ROIC/WACC1.95
WACC7.96%
2.3 Liquidity
A Current Ratio of 1.26 indicates that NORCO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.26, NORCO is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
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 71.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
NORCO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.21%.
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 8.85% 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)3.21%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%-7.53%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%12.34%
3.2 Future
The Earnings Per Share is expected to grow by 5.25% on average over the next years.
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
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.73 indicates a rather expensive valuation of NORCO.
The rest of the industry has a similar Price/Earnings ratio as NORCO.
Compared to an average S&P500 Price/Earnings ratio of 26.41, NORCO is valued a bit cheaper.
With a Price/Forward Earnings ratio of 15.83, NORCO is valued correctly.
Based on the Price/Forward Earnings ratio, NORCO is valued a bit more expensive than 62.22% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.40. NORCO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.73 | ||
| Fwd PE | 15.83 |
4.2 Price Multiples
NORCO's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as NORCO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.05 | ||
| EV/EBITDA | 11.35 |
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 3.71%.
Compared to an average industry Dividend Yield of 3.64, NORCO pays a bit more dividend than its industry peers.
NORCO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.71% |
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 (12/4/2025, 4:19:33 PM)
44.5
+0.6 (+1.37%)
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 Cap14.13B
Revenue(TTM)10.41B
Net Income(TTM)624.00M
Analysts81.67
Price Target55.59 (24.92%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.71% |
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)2.83%
PT rev (3m)4.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.53%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)-15.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.46%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.73 | ||
| Fwd PE | 15.83 | ||
| P/S | 1.31 | ||
| P/FCF | 14.05 | ||
| P/OCF | 12.25 | ||
| P/B | 5.67 | ||
| P/tB | 11.06 | ||
| EV/EBITDA | 11.35 |
EPS(TTM)2.51
EY5.64%
EPS(NY)2.81
Fwd EY6.32%
FCF(TTM)3.17
FCFY7.12%
OCF(TTM)3.63
OCFY8.17%
SpS34.01
BVpS7.85
TBVpS4.02
PEG (NY)N/A
PEG (5Y)N/A
Graham Number21.06
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 | 4.26 |
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)3.21%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%-7.53%
EPS Next Y-10.72%
EPS Next 2Y2.72%
EPS Next 3Y5.25%
EPS Next 5YN/A
Revenue 1Y (TTM)8.85%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%12.34%
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 3 / 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 5 / 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 17.73 and the Price/Book (PB) ratio is 5.67.
How financially healthy is NORCONSULT AS?
The financial health rating of NORCONSULT AS (NORCO.OL) is 7 / 10.