NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
OSL:NORCO - Euronext Oslo - NO0013052209 - Common Stock - Currency: NOK
NORCO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 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
Looking at the Return On Assets, with a value of 6.96%, NORCO belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
NORCO has a Return On Equity of 19.55%. This is in the better half of the industry: NORCO outperforms 68.29% of its industry peers.
NORCO has a Return On Invested Capital of 11.90%. This is in the better half of the industry: NORCO outperforms 68.29% of its industry peers.
NORCO had an Average Return On Invested Capital over the past 3 years of 14.25%. This is above the industry average of 10.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.96% | ||
| ROE | 19.55% | ||
| ROIC | 11.9% |
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 (4.75%) is better than 63.41% of its industry peers.
NORCO's Profit Margin has been stable in the last couple of years.
NORCO has a Operating Margin (5.46%) which is in line with its industry peers.
NORCO's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.46% | ||
| PM (TTM) | 4.75% | ||
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NORCO is creating some value.
Compared to 1 year ago, NORCO has more shares outstanding
Compared to 1 year ago, NORCO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.15 indicates that NORCO is not in any danger for bankruptcy at the moment.
The Altman-Z score of NORCO (4.15) is better than 92.68% of its industry peers.
The Debt to FCF ratio of NORCO is 1.15, which is an excellent value as it means it would take NORCO, only 1.15 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NORCO (1.15) is better than 92.68% of its industry peers.
A Debt/Equity ratio of 0.49 indicates that NORCO is not too dependend on debt financing.
NORCO has a Debt to Equity ratio (0.49) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 4.15 |
ROIC/WACC1.5
WACC7.94%
2.3 Liquidity
A Current Ratio of 1.29 indicates that NORCO should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.29, NORCO is doing good in the industry, outperforming 73.17% of the companies in the same industry.
NORCO has a Quick Ratio of 1.29. This is a normal value and indicates that NORCO is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of NORCO (1.29) is better than 78.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The earnings per share for NORCO have decreased by -9.29% in the last year.
The Earnings Per Share has been growing by 14.47% on average over the past years. This is quite good.
NORCO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.85%.
Measured over the past years, NORCO shows a quite strong growth in Revenue. The Revenue has been growing by 12.09% on average per year.
EPS 1Y (TTM)-9.29%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%39.34%
Revenue 1Y (TTM)8.85%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%11.86%
3.2 Future
NORCO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.00% yearly.
Based on estimates for the next years, NORCO will show a small growth in Revenue. The Revenue will grow by 6.94% on average per year.
EPS Next Y-7.09%
EPS Next 2Y0.63%
EPS Next 3Y3%
EPS Next 5YN/A
Revenue Next Year8.17%
Revenue Next 2Y7.37%
Revenue Next 3Y6.94%
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 15.88, the valuation of NORCO can be described as correct.
NORCO's Price/Earnings is on the same level as the industry average.
NORCO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.17.
With a Price/Forward Earnings ratio of 17.12, NORCO is valued on the expensive side.
NORCO's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. NORCO is more expensive than 70.73% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. NORCO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.88 | ||
| Fwd PE | 17.12 |
4.2 Price Multiples
65.85% of the companies in the same industry are cheaper than NORCO, based on the Enterprise Value to EBITDA ratio.
NORCO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NORCO is cheaper than 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.37 | ||
| EV/EBITDA | 13.09 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.63%
EPS Next 3Y3%
5. Dividend
5.1 Amount
NORCO has a Yearly Dividend Yield of 3.64%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.05, 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
69.29% of the earnings are spent on dividend by NORCO. This is not a sustainable payout ratio.
DP69.29%
EPS Next 2Y0.63%
EPS Next 3Y3%
OSL:NORCO (5/28/2025, 7:00:00 PM)
46.2
+0.2 (+0.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners24.74%
Inst Owner ChangeN/A
Ins Owners2.04%
Ins Owner ChangeN/A
Market Cap14.35B
Analysts78.46
Price Target50.69 (9.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
Yearly Dividend1.17
Dividend Growth(5Y)N/A
DP69.29%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)41.07%
Min EPS beat(2)29.97%
Max EPS beat(2)52.17%
EPS beat(4)4
Avg EPS beat(4)43.11%
Min EPS beat(4)25.77%
Max EPS beat(4)64.51%
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)9.66%
Min Revenue beat(2)8.24%
Max Revenue beat(2)11.08%
Revenue beat(4)4
Avg Revenue beat(4)7.31%
Min Revenue beat(4)1.9%
Max Revenue beat(4)11.08%
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)-1.97%
PT rev (3m)-2.74%
EPS NQ rev (1m)-10%
EPS NQ rev (3m)-10%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.25%
Revenue NQ rev (1m)-1.49%
Revenue NQ rev (3m)4.26%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.88 | ||
| Fwd PE | 17.12 | ||
| P/S | 1.38 | ||
| P/FCF | 10.37 | ||
| P/OCF | 9.58 | ||
| P/B | 5.67 | ||
| P/tB | 10.67 | ||
| EV/EBITDA | 13.09 |
EPS(TTM)2.91
EY6.3%
EPS(NY)2.7
Fwd EY5.84%
FCF(TTM)4.45
FCFY9.64%
OCF(TTM)4.82
OCFY10.44%
SpS33.54
BVpS8.15
TBVpS4.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.96% | ||
| ROE | 19.55% | ||
| ROCE | 14.48% | ||
| ROIC | 11.9% | ||
| ROICexc | 20.18% | ||
| ROICexgc | 41.39% | ||
| OM | 5.46% | ||
| PM (TTM) | 4.75% | ||
| GM | N/A | ||
| FCFM | 13.28% |
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
ROICexcg growth 3Y3.19%
ROICexcg 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-Score5
Asset Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 1.15 | ||
| Debt/EBITDA | 1.16 | ||
| Cap/Depr | 23.31% | ||
| Cap/Sales | 1.09% | ||
| Interest Coverage | 11.61 | ||
| Cash Conversion | 141.49% | ||
| Profit Quality | 279.39% | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 4.15 |
F-Score5
WACC7.94%
ROIC/WACC1.5
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)-9.29%
EPS 3Y14.47%
EPS 5YN/A
EPS Q2Q%39.34%
EPS Next Y-7.09%
EPS Next 2Y0.63%
EPS Next 3Y3%
EPS Next 5YN/A
Revenue 1Y (TTM)8.85%
Revenue growth 3Y12.09%
Revenue growth 5YN/A
Sales Q2Q%11.86%
Revenue Next Year8.17%
Revenue Next 2Y7.37%
Revenue Next 3Y6.94%
Revenue Next 5YN/A
EBIT growth 1Y-15.45%
EBIT growth 3Y-3.54%
EBIT growth 5YN/A
EBIT Next Year83.21%
EBIT Next 3Y28.61%
EBIT Next 5YN/A
FCF growth 1Y64.84%
FCF growth 3Y17.62%
FCF growth 5YN/A
OCF growth 1Y62.36%
OCF growth 3Y17.66%
OCF growth 5YN/A