NOA (North American Construction Group) EV-to-EBITDA: 4.24 (As of Aug. 13, 2026) — 20% Below Median

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NOA North American Construction Group Ltd NOA
82 GF Score
Price $14.94
GF Value $25.85
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is North American Construction Group EV-to-EBITDA?

North American Construction Group NOA -2.29% 82 EV-to-EBITDA is 4.24 as of Aug. 13, 2026, which is 20% below its 10-year median of 5.27. GuruFocus rates NOA with a GF Score™ of 82/100 and a GF Value™ of $25.85 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 768 Oil & Gas companies, North American Construction Group ranks better than 76.17% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, North American Construction Group's enterprise value is $1,009.7 Mil. North American Construction Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $238.2 Mil. Therefore, North American Construction Group's EV-to-EBITDA for today is 4.24.

The historical rank and industry rank for North American Construction Group's EV-to-EBITDA or its related term are showing as below:

NOA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.51   Med: 5.27   Max: 10.02
Current: 4.24

During the past 13 years, the highest EV-to-EBITDA of North American Construction Group was 10.02. The lowest was 3.51. And the median was 5.27.

NOA's EV-to-EBITDA is ranked better than
76.17% of 768 companies
in the Oil & Gas industry
Industry Median: 7.45 vs NOA: 4.24

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-13), North American Construction Group's stock price is $14.94. North American Construction Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.791. Therefore, North American Construction Group's PE Ratio (TTM) for today is 18.89.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


North American Construction Group  (NYSE:NOA) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

North American Construction Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.94/0.791
=18.89

North American Construction Group's share price for today is $14.94.
North American Construction Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.791.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


North American Construction Group EV-to-EBITDA Related Terms


North American Construction Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for North American Construction Group's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

North American Construction Group EV-to-EBITDA Chart

North American Construction Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.97 3.71 5.41 5.23 4.21

North American Construction Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.63 4.59 4.27 4.21 4.13

NOA vs SLB, BKR, FTI: EV-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, North American Construction Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


North American Construction Group EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North American Construction Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where North American Construction Group's EV-to-EBITDA falls into.


NOA
82GF Score
North American Construction Group Ltd NOA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North American Construction Group EV-to-EBITDA Calculation

North American Construction Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1009.652/238.168
=4.24

North American Construction Group's current Enterprise Value is $1,009.7 Mil.
North American Construction Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $238.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 4.24 mean?
North American Construction Group (NOA) has a EV-to-EBITDA of 4.24 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on North American Construction Group. This is 20% below median its historical median of 5.27. Over the past decade, North American Construction Group's EV-to-EBITDA has ranged from 3.51 to 10.02. According to the industry distribution chart, North American Construction Group ranks #183 out of 768 companies in the Oil & Gas industry, placing it in the top 23.8%.
Is North American Construction Group's EV-to-EBITDA too high?
North American Construction Group's current EV-to-EBITDA of 4.24 is 20% below median its 10-year median of 5.27. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 10.02. The Oil & Gas industry median EV-to-EBITDA is 7.45. North American Construction Group's value of 4.24 is 43.1% below this industry median. Based on the distribution chart, North American Construction Group ranks #183 out of 768 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, North American Construction Group has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North American Construction Group's EV-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, North American Construction Group ranks #183 out of 768 companies for EV-to-EBITDA. This places North American Construction Group in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 7.45. North American Construction Group's value of 4.24 is 43.1% below this benchmark. Historically, North American Construction Group's own EV-to-EBITDA has ranged from 3.51 to 10.02 over the past decade. While the company's 10-year median is 5.27 vs. the industry median of 7.45, North American Construction Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.45, based on 768 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. North American Construction Group's current EV-to-EBITDA of 4.24 is 43.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on North American Construction Group. For the Oil & Gas industry, the median EV-to-EBITDA is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North American Construction Group's current EV-to-EBITDA is 4.24, which is 20% below median its own 10-year median of 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Construction Group stock overvalued right now?
Based on GuruFocus' analysis, North American Construction Group (NOA) is currently considered Possible Value Trap. The stock's GF Value™ is $25.85, compared to a current price of $14.94 — trading 42.2% below its estimated fair value. The current EV-to-EBITDA is 4.24, which is 20% below median its 10-year median of 5.27 and 43.1% below the Oil & Gas industry median of 7.45. North American Construction Group's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For North American Construction Group (NOA), the current EV-to-EBITDA is 4.24 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is North American Construction Group (NOA) Overvalued in 2026?

Based on GuruFocus' analysis, North American Construction Group stock appears to be undervalued. The current stock price of $14.94 is trading 42.2% below its estimated GF Value™ of $25.85. GuruFocus considers North American Construction Group to be Possible Value Trap.

Key valuation signals for NOA:

  • EV-to-EBITDA: 4.24 (20% below median its 10-year median of 5.27)
  • GF Value™: $25.85 vs. price of $14.94 (42.2% below fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 43.1% below the Oil & Gas median (#183 of 768)

No single metric tells the full story. See the NOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North American Construction Group Business Description

Industry EnergyOil & Gas
Other Exchanges N5Z:GermanyNOA:Canada
Address 27287 - 100 Avenue Acheson, Acheson, AB, CAN, T7X 6H8
North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies. The Company provides a wide range of mining and heavy civil construction services to customer in the resource development and industrial construction sectors within Canada, the United States, and Australia. The Company's reportable segments are Heavy Equipment Canada, Heavy Equipment Australia, and Other. Heavy Equipment Canada and Heavy Equipment Australia include all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes mine management contract work in the United States, its external maintenance and rebuild programs.
82GF Score

Get the complete analysis for NOA

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.94
Price
$25.85
GF Value