North American Construction Group Ltd.
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
2.903.55
Price/Sales ratio
0.250.26
Earnings per Share (EPS)
$4.33$3.54

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-108.71-10.40-348.3031.5824.9714.007.8912.609.1313.1914.3614.36
Price/Sales ratio
0.260.270.720.560.930.710.770.990.800.870.680.71
Price/Book Value ratio
0.670.450.971.132.542.861.562.322.012.332.082.86
Price/Cash Flow ratio
3.081.003.893.343.483.272.633.923.633.082.983.27
Price/Free Cash Flow ratio
24.951.7712.44-40.2113.671.04K13.0712.6011.4112.45-35.891.04K
Price/Earnings Growth ratio
1.06-0.013.72-0.020.170.070.383.670.25-0.870.010.07
Dividend Yield
1.65%4.23%1.17%1.31%0.52%0.49%1.12%0.68%1.26%1.20%1.45%0.52%
Profitability Indicator Ratios
Gross Profit Margin
10.89%11.33%15.17%13.55%16.84%13.40%18.86%13.82%13.19%16.11%19.68%16.84%
Operating Profit Margin
2.45%1.00%1.84%4.58%7.31%8.17%13.77%11.60%13.99%9.99%15.02%7.31%
Pretax Profit Margin
-0.15%-2.69%-0.23%2.21%5.22%5.56%12.08%9.27%10.97%8.98%6.46%5.22%
Net Profit Margin
-0.24%-2.65%-0.20%1.79%3.72%5.12%9.83%7.85%8.75%6.59%4.79%3.72%
Effective Tax Rate
4.25%1.50%9.91%18.61%28.46%7.14%18.62%15.29%20.21%26.54%35.55%28.46%
Return on Assets
-0.25%-2.07%-0.12%1.37%2.21%4.65%5.86%5.91%6.87%4.08%3.36%2.21%
Return On Equity
-0.61%-4.35%-0.27%3.60%10.20%20.47%19.80%18.46%22.02%17.70%15.23%10.20%
Return on Capital Employed
3.39%0.95%1.42%4.40%5.54%9.25%9.44%10.71%13.68%7.82%12.83%5.54%
Liquidity Ratios
Current Ratio
1.351.261.011.120.870.741.09N/AN/AN/A1.130.87
Quick Ratio
1.281.220.961.060.780.600.920.630.930.710.870.78
Cash ratio
0.000.510.180.100.130.030.400.100.350.270.250.13
Days of Sales Outstanding
85.2054.8994.5783.9482.8443.6228.5343.8247.2450.6653.6253.62
Days of Inventory outstanding
6.463.766.936.8614.3312.6917.2328.8427.2629.5229.5414.33
Operating Cycle
91.6658.65101.5190.8197.1756.3145.7772.6674.5180.1983.1783.17
Days of Payables Outstanding
50.4336.6359.6450.7867.9251.7037.2449.3756.0366.4447.1551.70
Cash Conversion Cycle
41.2322.0241.8740.0229.244.618.5323.2918.4713.7436.0129.24
Debt Ratios
Debt Ratio
0.140.130.110.180.420.410.420.370.420.450.480.42
Debt Equity Ratio
0.330.280.240.481.971.841.431.161.371.972.081.97
Long-term Debt to Capitalization
0.250.190.160.320.630.630.570.520.550.630.640.63
Total Debt to Capitalization
0.250.220.190.320.660.640.590.530.570.660.670.66
Interest Coverage Ratio
1.340.440.632.133.622.833.96N/AN/AN/A3.142.83
Cash Flow to Debt Ratio
0.641.591.010.700.360.470.410.500.400.380.330.47
Company Equity Multiplier
2.402.102.202.624.604.403.373.123.204.334.324.40
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.270.180.170.260.210.290.250.210.280.230.21
Free Cash Flow / Operating Cash Flow Ratio
0.120.560.31-0.080.250.000.200.310.310.24-0.080.00
Cash Flow Coverage Ratio
0.641.591.010.700.360.470.410.500.400.380.330.47
Short Term Coverage Ratio
N/A13.064.87N/A3.648.539.058.384.022.912.908.53
Dividend Payout Ratio
-179.98%-44.09%-408.31%41.50%13.12%6.87%8.88%8.60%11.53%15.89%18.68%13.12%