North American Construction (TSE:NOA)
NYSE:NOA
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NOA Stock Chart & Stats
C$19.19
-C$0.85(-2.69%)
At close: 4:00 PM EST
C$19.19
-C$0.85(-2.69%)
Day’s Range― - ―
52-Week RangeC$16.45 - C$24.59
Previous CloseN/A
Volume17.79K
Average Volume (3M)97.07K
Market Cap
C$509.26M
Enterprise ValueC$1.38B
Total Cash (Recent Filing)C$121.13M
Total Debt (Recent Filing)C$959.72M
Price to Earnings (P/E)15.7
Beta1.14
Next Earnings
Jul 29, 2026EPS Estimate
0.25Next Dividend Ex-DateN/A
Dividend Yield2.56%
Share Statistics
EPS (TTM)1.14
Shares Outstanding27,102,571
10 Day Avg. Volume75,768
30 Day Avg. Volume97,073
Financial Highlights & Ratios
PEG Ratio-0.59
Price to Book (P/B)1.24
Price to Sales (P/S)0.44
P/FCF Ratio-21.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$26.39Price Target Upside37.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)2.19
Revenue Forecast (FY)C$1.46B
Bulls Say, Bears Say
Bulls Say
Operating ProfitabilitySustained mid‑20% EBITDA margins indicate the core heavy civil and mining services business generates healthy operating margins versus peers. That margin buffer supports equipment maintenance, project execution and resiliency through commodity cycles, underpinning longer‑term cash generation ability.
Recurring Mining Services ContractsA business model focused on long‑running mine services and unit‑rate contracts creates predictable, recurring revenue streams. High capital intensity and entrenched customer relationships raise barriers to entry and favor repeat engagements, supporting utilization and revenue stability over multi‑year horizons.
Consistent Operating Cash GenerationPositive operating cash flow demonstrates the company’s core operations convert activity into cash even when net income and free cash flow are volatile. That ongoing cash generation provides a base to fund working capital, fleet upkeep and selective reinvestment without relying solely on external financing.
Bears Say
Elevated LeverageA roughly 2x debt‑to‑equity ratio materially increases financial risk in a capital‑intensive, cyclical sector. Elevated leverage reduces flexibility to endure prolonged commodity downturns, raises interest costs, and constrains capacity to invest or refinance without pressuring cash flow and returns.
Weak Free Cash FlowNegative free cash flow in consecutive years limits the firm’s ability to de‑lever, fund growth or return capital. Persistent weak FCF suggests working‑capital strain or heavy reinvestment needs; without improvement, the company may need external funding or cutbacks that harm long‑term optionality.
Softening Growth & Margin CompressionA recent slowdown in revenue and compressed margins reduce profitability headroom. Thin net margins (~2–3%) leave limited room to absorb cost shocks (fuel, labor, maintenance) and may pressure returns and reinvestment capacity if the trend persists across future contract cycles.
North American Construction Group News
NOA FAQ
What was North American Construction’s price range in the past 12 months?
North American Construction lowest stock price was C$16.45 and its highest was C$24.59 in the past 12 months.
What is North American Construction’s market cap?
North American Construction’s market cap is C$509.26M.
When is North American Construction’s upcoming earnings report date?
North American Construction’s upcoming earnings report date is Jul 29, 2026 which is in 46 days.
How were North American Construction’s earnings last quarter?
North American Construction released its earnings results on May 13, 2026. The company reported C$0.19 earnings per share for the quarter, missing the consensus estimate of C$0.382 by -C$0.192.
Is North American Construction overvalued?
According to Wall Street analysts North American Construction’s price is currently Undervalued.
Does North American Construction pay dividends?
North American Construction pays a Quarterly dividend of C$0.12 which represents an annual dividend yield of 2.56%. See more information on North American Construction dividends here
What is North American Construction’s EPS estimate?
North American Construction’s EPS estimate is 0.25.
How many shares outstanding does North American Construction have?
North American Construction has 27,102,571 shares outstanding.
What happened to North American Construction’s price movement after its last earnings report?
North American Construction reported an EPS of C$0.19 in its last earnings report, missing expectations of C$0.382. Following the earnings report the stock price went up 9.249%.
Which hedge fund is a major shareholder of North American Construction?
Currently, no hedge funds are holding shares in TSE:NOA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
North American Construction Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$26.39 (37.51% Upside)
C$26.39 (37.51% Upside)
Blogger Sentiment
Bullish
TSE:NOA Sentiment 70%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Negative
Last 7 Days ▲ 6.1%
Last 30 Days ▼ 7.2%
Last 30 Days ▼ 7.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.87%
12-Months-Change
Fundamentals
Return on Equity
7.69%
Trailing 12-Months
Asset Growth
7.87%
Trailing 12-Months
Company Description
North American Construction
North American Construction Group Ltd. (NACG) specializes in providing heavy construction, mining, and equipment maintenance services across Canada, the United States, and Australia. Its Heavy Construction & Mining division undertakes a comprehensive range of projects, from initial constructability reviews and budgetary cost estimates to full design-build construction and project management. Specific capabilities include contract mining, pre-stripping, pit pioneering, and the removal and stockpiling of overburden and muskeg. This division also handles site preparation, air strip construction, site dewatering, perimeter ditching, constructing tailings and process pipelines, and developing haulage and access roads. Further expertise lies in tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and essential reclamation services. Complementing these operations, the Equipment Maintenance Services division offers extensive support for machinery fleets. Its services span routine tasks like fuel and lubrication, portable steaming, and detailed equipment inspections, along with the supply of necessary parts and components. More complex offerings include major overhauls and complete equipment refurbishment, on-site haul truck brake testing, and continuous on-site maintenance support. Specialized services feature undercarriage rebuilds, precision machining, hose manufacturing, and dedicated technical assistance, alongside expert welding, fabrication, repair work, weld certification, and inspection services. As of December 31, 2021, NACG maintained a substantial heavy equipment fleet comprising 632 units. The company primarily caters to clients within the resource development and industrial construction sectors. Established in 1953 and headquartered in Acheson, Canada, the company adopted its current name, North American Construction Group Ltd., in April 2018, having previously operated as North American Energy Partners Inc.
NOA Company Deck
NOA Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a largely constructive outlook: strong backlog and a large bid pipeline, record regional revenue in Australia, a transformational IMC acquisition that expands assets and backlog, solid free cash flow generation and modest net debt reduction. These positives were tempered by notable near-term execution challenges — chiefly a $13 million net Fargo cost adjustment and weather impacts that reduced margins in Q4 (EBITDA margin down to 23%), plus elevated depreciation and a regulatory delay on IMC close. Management provided clear operational priorities, targeted Australia cost savings (3%–5%), and reiterated 2026 guidance (midpoint revenue $1.6B, adjusted EBITDA $400M, FCF $120M) with expected improvement in H2, indicating confidence in recovery and growth. On balance the highlights point to continued growth and improved momentum while the lowlights appear manageable and largely transitory.View all TSE:NOA earnings summariesNOA Stock 12 Month Forecast
Average Price Target
C$26.39
▲(37.51% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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