North American Construction Stock Fundamentals
| NOA Stock | CAD 24.11 0.99 4.28% |
North American Construction fundamentals help investors to digest information that contributes to North American's financial success or failures. It also enables traders to predict the movement of North Stock. The fundamental analysis module provides a way to measure North American's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to North American stock.
At this time, North American's Total Operating Expenses is very stable compared to the past year. As of the 16th of March 2025, Net Income From Continuing Ops is likely to grow to about 76.2 M, while Interest Expense is likely to drop about 28 M. North | Select Account or Indicator |
North American Construction Company Return On Equity Analysis
North American's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current North American Return On Equity | 0.16 |
Most of North American's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, North American Construction is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
North Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for North American is extremely important. It helps to project a fair market value of North Stock properly, considering its historical fundamentals such as Return On Equity. Since North American's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of North American's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of North American's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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North Total Stockholder Equity
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Based on the latest financial disclosure, North American Construction has a Return On Equity of 0.1556. This is 107.86% lower than that of the Energy Equipment & Services sector and 100.89% lower than that of the Energy industry. The return on equity for all Canada stocks is 150.19% lower than that of the firm.
North American Const Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining North American's current stock value. Our valuation model uses many indicators to compare North American value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across North American competition to find correlations between indicators driving North American's intrinsic value. More Info.North American Construction is regarded fifth in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for North American Construction is roughly 1.89 . At this time, North American's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value North American by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for North American's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.North Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses North American's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of North American could also be used in its relative valuation, which is a method of valuing North American by comparing valuation metrics of similar companies.North American is currently under evaluation in return on equity category among its peers.
North American Current Valuation Drivers
We derive many important indicators used in calculating different scores of North American from analyzing North American's financial statements. These drivers represent accounts that assess North American's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of North American's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 517.0M | 383.4M | 651.4M | 734.6M | 661.1M | 694.2M | |
| Enterprise Value | 943.6M | 785.6M | 1.0B | 1.4B | 1.2B | 1.3B |
North Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0824 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 1.4 B | ||||
| Shares Outstanding | 26.88 M | ||||
| Shares Owned By Insiders | 9.00 % | ||||
| Shares Owned By Institutions | 81.43 % | ||||
| Number Of Shares Shorted | 3.75 M | ||||
| Price To Earning | 7.66 X | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 0.55 X | ||||
| Revenue | 957.22 M | ||||
| Gross Profit | 396.97 M | ||||
| EBITDA | 228.69 M | ||||
| Net Income | 63.14 M | ||||
| Cash And Equivalents | 40.33 M | ||||
| Cash Per Share | 1.38 X | ||||
| Total Debt | 717.05 M | ||||
| Debt To Equity | 2.01 % | ||||
| Current Ratio | 1.22 X | ||||
| Book Value Per Share | 14.61 X | ||||
| Cash Flow From Operations | 270.39 M | ||||
| Short Ratio | 18.11 X | ||||
| Earnings Per Share | 1.90 X | ||||
| Price To Earnings To Growth | 3.71 X | ||||
| Target Price | 38.13 | ||||
| Number Of Employees | 194 | ||||
| Beta | 1.5 | ||||
| Market Capitalization | 648.15 M | ||||
| Total Asset | 1.55 B | ||||
| Retained Earnings | 123.03 M | ||||
| Working Capital | (28.82 M) | ||||
| Current Asset | 79.09 M | ||||
| Current Liabilities | 62.34 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.42 % | ||||
| Net Asset | 1.55 B | ||||
| Last Dividend Paid | 0.4 |
About North American Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze North American Construction's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of North American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of North American Construction based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 53.1 K | 50.4 K | |
| Total Revenue | 1.1 B | 605 M | |
| Cost Of Revenue | 923.5 M | 572.8 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.07 | 0.08 | |
| Capex To Revenue | 0.19 | 0.20 | |
| Revenue Per Share | 32.43 | 34.05 | |
| Ebit Per Revenue | 0.09 | 0.05 |
Pair Trading with North American
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if North American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in North American will appreciate offsetting losses from the drop in the long position's value.Moving against North Stock
| 0.85 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.8 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.73 | WILD | WildBrain | PairCorr |
| 0.66 | BCE-PT | Bce Inc Pref | PairCorr |
| 0.56 | MRT-UN | Morguard Real Estate | PairCorr |
The ability to find closely correlated positions to North American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North American when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back North American - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling North American Construction to buy it.
The correlation of North American is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as North American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North American Const moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for North American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.