NORCONSULT AS (NORCO.OL) Stock Fundamental Analysis
OSL:NORCO - Euronext Oslo - NO0013052209 - Common Stock - Currency: NOK
Overall NORCO gets a fundamental rating of 5 out of 10. We evaluated NORCO against 41 industry peers in the Construction & Engineering industry. NORCO has an excellent financial health rating, but there are some minor concerns on its profitability. NORCO is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NORCO was profitable.
NORCO had a positive operating cash flow in the past year.
1.2 Ratios
NORCO has a better Return On Assets (6.96%) than 80.49% of its industry peers.
NORCO has a better Return On Equity (19.55%) than 68.29% of its industry peers.
NORCO has a better Return On Invested Capital (11.90%) than 68.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORCO 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
With a decent Profit Margin value of 4.75%, NORCO is doing good in the industry, outperforming 63.41% of the companies in the same industry.
NORCO's Profit Margin has been stable in the last couple of years.
NORCO has a Operating Margin (5.46%) which is comparable to the rest of the industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NORCO is still creating some value.
The number of shares outstanding for NORCO has been increased compared to 1 year ago.
Compared to 1 year ago, NORCO has an improved debt to assets ratio.
2.2 Solvency
NORCO has an Altman-Z score of 4.17. This indicates that NORCO is financially healthy and has little risk of bankruptcy at the moment.
NORCO has a Altman-Z score of 4.17. This is amongst the best in the industry. NORCO outperforms 92.68% of its industry peers.
NORCO has a debt to FCF ratio of 1.15. This is a very positive value and a sign of high solvency as it would only need 1.15 years to pay back of all of its debts.
NORCO has a Debt to FCF ratio of 1.15. This is amongst the best in the industry. NORCO outperforms 92.68% of its industry peers.
A Debt/Equity ratio of 0.49 indicates that NORCO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.49, NORCO is in line with its industry, outperforming 56.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 4.17 |
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.
NORCO's Current ratio of 1.29 is fine compared to the rest of the industry. NORCO outperforms 73.17% of its industry peers.
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.
NORCO has a better Quick ratio (1.29) than 78.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
NORCO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.29%.
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
Based on estimates for the next years, NORCO will show a small growth in Earnings Per Share. The EPS will grow by 3.00% on average per year.
The Revenue is expected to grow by 6.94% on average over the next years.
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
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.81, NORCO is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of NORCO is on the same level as its industry peers.
NORCO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.35.
The Price/Forward Earnings ratio is 17.05, which indicates a rather expensive current valuation of NORCO.
70.73% of the companies in the same industry are cheaper than NORCO, based on the Price/Forward Earnings ratio.
NORCO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.81 | ||
| Fwd PE | 17.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NORCO is valued a bit more expensive than 65.85% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NORCO is valued a bit cheaper than 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.33 | ||
| EV/EBITDA | 13.24 |
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%.
NORCO's Dividend Yield is a higher than the industry average which is at 4.05.
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
NORCO pays out 69.29% of its income as dividend. This is not a sustainable payout ratio.
DP69.29%
EPS Next 2Y0.63%
EPS Next 3Y3%
OSL:NORCO (5/27/2025, 7:00:00 PM)
46
-0.5 (-1.08%)
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 Cap14.28B
Analysts78.46
Price Target50.69 (10.2%)
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 | 15.81 | ||
| Fwd PE | 17.05 | ||
| P/S | 1.37 | ||
| P/FCF | 10.33 | ||
| P/OCF | 9.54 | ||
| P/B | 5.64 | ||
| P/tB | 10.63 | ||
| EV/EBITDA | 13.24 |
EPS(TTM)2.91
EY6.33%
EPS(NY)2.7
Fwd EY5.87%
FCF(TTM)4.45
FCFY9.68%
OCF(TTM)4.82
OCFY10.48%
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 | 4.17 |
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