Added to YB: 2024-02-01
Pitch date: 2024-02-01
NOA.TO [bullish]
North American Construction Group Ltd.
-35.65%
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 29.37
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.68
P/E
14.74
EV/Sales
1.06
Sector
Energy Equipment and Services
Category
value
Thesis on North American Construction Group Ltd. (ticker: NOA.TO)
NOA.TO: Dominant Canadian oil sands servicer w/ $2.3B fleet @ 6x FCF. Wide moat: scale, low cost, indigenous ties, 65yr track record. Diversifying end markets, 24% 5yr EPS CAGR. High insider ownership. Cheap on perceived "dirty" exposure.
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