Professional
Added to YB: 2024-01-08
Pitch date: 2024-01-08
NOA.TO [bullish]
North American Construction Group Ltd.
-28.1%
current return
Author Info
No bio for this author
Company Info
North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States.
Market Cap
CAD 548.0M
Pitch Price
CAD 26.29
Price Target
95.00 (+403%)
Dividend
N/A
EV/EBITDA
3.68
P/E
14.74
EV/Sales
1.06
Sector
Energy Equipment and Services
Category
growth
Bonhoeffer Capital: case study on NOA.TO (75% short-term upside)
NAC: Construction firm poised for growth. $2B+ fleet, $3B backlog, strategic M&A driving ROIC from -12% to 12%+ since 2012. MacKellar buy to boost op income 40%. Execs own $60M+ stake. Mining & infra demand strong. $95 PT but slower M&A/growth a risk.
Read full article (8 min)