North American Construction Stock Performance
| NOA Stock | CAD 28.58 0.58 2.07% |
North American has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, North American's returns are expected to increase less than the market. However, during the bear market, the loss of holding North American is expected to be smaller as well. North American Const right now secures a risk of 2.61%. Please verify North American Construction skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if North American Construction will be following its current price movements.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in North American Construction are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, North American may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Forward Dividend Yield 0.0168 | Payout Ratio 0.1167 | Forward Dividend Rate 0.48 | Dividend Date 2025-01-03 | Ex Dividend Date 2024-11-27 |
1 | Renaissance Technologies LLC Reduces Holdings in North American Construction Group Ltd. - MarketBeat | 09/25/2024 |
2 | Martin Ferron Spends CA168k On North American Construction Group Stock - Simply Wall St | 11/15/2024 |
3 | North American Construction secures major civil project - Investing.com | 11/22/2024 |
| Begin Period Cash Flow | 69.1 M |
North |
North American Relative Risk vs. Return Landscape
If you would invest 2,581 in North American Construction on September 2, 2024 and sell it today you would earn a total of 277.00 from holding North American Construction or generate 10.73% return on investment over 90 days. North American Construction is generating 0.1923% of daily returns assuming 2.6132% volatility of returns over the 90 days investment horizon. Simply put, 23% of all stocks have less volatile historical return distribution than North American, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
North American Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for North American's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as North American Construction, and traders can use it to determine the average amount a North American's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0736
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Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average North American is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of North American by adding it to a well-diversified portfolio.
North American Fundamentals Growth
North Stock prices reflect investors' perceptions of the future prospects and financial health of North American, and North American fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on North Stock performance.
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0824 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 1.52 B | ||||
| Shares Outstanding | 26.83 M | ||||
| Price To Earning | 7.66 X | ||||
| Price To Book | 1.96 X | ||||
| Price To Sales | 0.65 X | ||||
| Revenue | 957.22 M | ||||
| Gross Profit | 220.82 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 | ||||
| Earnings Per Share | 1.90 X | ||||
| Market Capitalization | 766.72 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 | ||||
About North American Performance
By examining North American's fundamental ratios, stakeholders can obtain critical insights into North American's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that North American is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 29.53 | 31.00 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.08 | 0.07 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.18 | 0.19 |
Things to note about North American Const performance evaluation
Checking the ongoing alerts about North American for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for North American Const help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 79.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: North American Construction secures major civil project - Investing.com |
- Analyzing North American's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether North American's stock is overvalued or undervalued compared to its peers.
- Examining North American's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating North American's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North American's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of North American's stock. These opinions can provide insight into North American's potential for growth and whether the stock is currently undervalued or overvalued.
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.