Loading…
Employees: 3,209
Size North American Construction (NOA.TO) is a Canada Materials company (Other Metals/Minerals) with a market value of $252M, the 420th largest of 420 Canada companies the cockpit tracks. Shares closed at C$13.12 on 6 Nov 2026.
Performance Over six months the shares fell 33.7%, against -30.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 7.1% over the last twelve months (peer median +9.7%); the operating margin is 7.5% (peer median -8.0%).
Valuation It trades at 5.7× forward earnings against a peer median of 16.9× (2nd cheapest of 8).
Capital Return on invested capital runs 0.4 points below its cost of capital (5.3% WACC).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$1.34B | C$1.28B | C$1.17B | C$965M | C$770M |
| Revenue growth | — | +10% | +21% | +25% | — |
| Gross profit | C$172M | C$160M | C$209M | C$155M | C$102M |
| EBITDA | C$322M | C$329M | C$340M | C$229M | C$191M |
| Net income | C$32.4M | C$33.8M | C$44.0M | C$63.1M | C$67.4M |
| Free cash flow | -C$852,000 | -C$26.6M | -C$63.6M | C$69.5M | C$57.4M |
| Capital expenditure | C$259M | C$285M | C$308M | C$203M | C$115M |
| Total debt | C$1.19B | C$922M | C$817M | C$706M | C$435M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NOA.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.6% | -14.7% | 10th lowest of 21 |
| 6-month return | -33.7% | -30.6% | 10th lowest of 21 |
| Distance from 52-week high | -44.1% | -48.8% | 9th highest of 21 |
| Revenue growth (TTM) | +7.1% | +9.7% | 6th lowest of 12 |
| Operating margin | 7.5% | -8.0% | 3rd highest of 13 |
| Forward P/E | 5.7× | 16.9× | 2nd cheapest of 8 |
| ROIC minus cost of capital | -0.4 pp | -21.4 pp | 3rd highest of 20 |
| EV / EBITDA | 4.3× | 9.2× | 2nd cheapest of 5 |
| Net debt / EBITDA | 3.2× | 0.3× | 2nd most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| North American Construction NOA.TO | Canada | $252M | -34% | +7% | 8% | 5.7× | n/a | n/a |
| Pondy Oxides & Chemicals POCL.NS | India | $317M | -32% | +49% | 6% | 18.0× | n/a | n/a |
| Brazilian Rare Earths BRE.AX | Australia | $324M | -69% | n/a | n/a | n/a | n/a | n/a |
| Silverco Mining SICO.V | Canada | $331M | -17% | n/a | -148% | n/a | n/a | n/a |
| Stalprodukt STP.WA | Poland | $333M | -1% | -7% | -2% | 5.5× | n/a | n/a |
| Jupiter Mines JMS.AX | Australia | $334M | -16% | -2% | 25% | 12.3× | 44.2% | +2.5% |
| Western Copper and Gold WRN.TO | Canada | $339M | -48% | n/a | n/a | n/a | n/a | n/a |
| Solus Advanced Materials 336370.KS | South Korea | $343M | -52% | +1% | -14% | 16.9× | n/a | n/a |
| Silver Tiger Metals SLVR.TO | Canada | $344M | -12% | n/a | n/a | 89.7× | n/a | n/a |
| Northern Dynasty Minerals NDM.TO | Canada | $349M | -69% | n/a | n/a | n/a | n/a | n/a |
| AIC Mines A1M.AX | Australia | $349M | -2% | +29% | 25% | 11.2× | n/a | n/a |
| Tianjin Ruixin Technology 300828.SZ | China | $353M | -35% | +22% | 6% | n/a | n/a | n/a |
| First Copper Technology 2009.TW | Taiwan | $355M | -14% | +7% | 5% | n/a | n/a | n/a |
| Roxmore Resources RM.TO | Canada | $357M | +65% | n/a | n/a | 69.2× | n/a | n/a |
| Standard Lithium SLI.V | Canada | $365M | -62% | n/a | n/a | n/a | n/a | n/a |
| Vulcan Energy Resources VUL.AX | Australia | $370M | -70% | -33% | -1,075% | n/a | n/a | n/a |
| Alpha HPA A4N.AX | Australia | $372M | -42% | +135% | -6,320% | n/a | n/a | n/a |
| Lifezone Metals LZM | United States | $378M | -30% | +652% | -850% | n/a | n/a | n/a |
| Tintina Mines TTS.V | Canada | $380M | +219% | n/a | n/a | n/a | n/a | n/a |
| Shanxi Huayang New Material 600281.SS | China | $385M | -11% | +10% | -20% | n/a | n/a | n/a |
| Trilogy Metals TMQ.TO | Canada | $391M | -50% | n/a | n/a | n/a | n/a | n/a |