North American Construction Group Ltd
TSX:NOA

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North American Construction Group Ltd
TSX:NOA
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Price: 22.86 CAD 1.11%
Market Cap: 672.8m CAD

Relative Value

The Relative Value of one NOA stock under the Base Case scenario is 64.72 CAD. Compared to the current market price of 22.86 CAD, North American Construction Group Ltd is Undervalued by 65%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NOA Relative Value
Base Case
64.72 CAD
Undervaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
80
vs Industry
70
Median 3Y
0.7
Median 5Y
0.7
Industry
2
Forward
0.5
vs History
4
vs Industry
21
Median 3Y
11.7
Median 5Y
10.4
Industry
17.3
Forward
6
vs History
68
vs Industry
27
Median 3Y
3.1
Median 5Y
3
Industry
10.5
vs History
12
vs Industry
21
Median 3Y
11.1
Median 5Y
7.4
Industry
13.4
vs History
76
vs Industry
31
Median 3Y
1.9
Median 5Y
1.8
Industry
1.6
vs History
85
vs Industry
59
Median 3Y
1.2
Median 5Y
1.2
Industry
3
Forward
1
vs History
85
vs Industry
40
Median 3Y
8.2
Median 5Y
8.6
Industry
6.5
vs History
90
vs Industry
28
Median 3Y
4.6
Median 5Y
4.9
Industry
10.8
Forward
2.9
vs History
87
vs Industry
21
Median 3Y
12.1
Median 5Y
13
Industry
12.9
Forward
6.4
vs History
68
vs Industry
22
Median 3Y
5.1
Median 5Y
5.2
Industry
11.2
vs History
vs Industry
3
Median 3Y
16.1
Median 5Y
19.1
Industry
12
vs History
88
vs Industry
44
Median 3Y
1
Median 5Y
1
Industry
1.5

Multiples Across Competitors

NOA Competitors Multiples
North American Construction Group Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
North American Construction Group Ltd
TSX:NOA
676.6m CAD 0.6 17.4 3.8 8.7
US
Schlumberger NV
NYSE:SLB
49.9B USD 1.4 11.9 6.3 8.9
US
Baker Hughes Co
NASDAQ:BKR
39B USD 1.4 13.4 9.7 13.1
LU
Tenaris SA
MIL:TEN
17.5B EUR 1.7 11.4 6.4 8.2
US
Halliburton Co
NYSE:HAL
19.2B USD 0.8 9.1 5.1 6.6
UK
TechnipFMC PLC
NYSE:FTI
14.7B USD 1.6 17.7 9.5 13
FR
Technip Energies NV
PAR:TE
6.4B EUR 0.6 11.1 5.9 5.9
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
42.8B CNY 0.8 11.4 7.1 7.1
UK
Subsea 7 SA
OSE:SUBC
58.6B NOK 0.8 30.1 5.5 13
IT
Saipem SpA
MIL:SPM
4.7B EUR 0.3 12.2 2.8 5.3
US
ChampionX Corp
NASDAQ:CHX
5.2B USD 1.4 17.6 6.9 10.2