NOA (North American Construction Group) Moat Score: 5/10 (As of Jul. 02, 2026)


NOA North American Construction Group Ltd NOA
84 GF Score
Price $12.91
GF Value $23.73
Valuation Possible Value Trap
! 7 Warning Signs
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What is North American Construction Group Moat Score?

North American Construction Group NOA 84 Moat Score is 5 as of Jul. 02, 2026. GuruFocus rates NOA with a GF Score™ of 84/100 and a GF Value™ of $23.73 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,041 Oil & Gas companies, North American Construction Group ranks better than 94.24% on this metric.

North American Construction Group has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

North American Construction Group has Narrow Moat: North American Construction Group Ltd has a solid narrow moat due to its specialized expertise and established relationships in the construction industry, providing some customer loyalty and pricing power. However, it faces competition and lacks significant economies of scale.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes North American Construction Group might have Narrow Moat - Solid narrow moat.

North American Construction Group  (NYSE:NOA) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

North American Construction Group Moat Score Related Terms

NOA vs SLB, BKR, HAL: Moat Score Comparison

For the Oil & Gas Equipment & Services subindustry, North American Construction Group's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North American Construction Group's Moat Score distribution charts can be found below:

* The bar in red indicates where North American Construction Group's Moat Score falls into.


NOA
84GF Score
North American Construction Group Ltd NOA
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
North American Construction Group (NOA) has a Moat Score of 5 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, North American Construction Group ranks #60 out of 1041 companies in the Oil & Gas industry, placing it in the top 5.8%.
Is North American Construction Group's Moat Score too high?
North American Construction Group's current Moat Score is 5. The Oil & Gas industry median Moat Score is 1.00. North American Construction Group's value of 5 is 400% above this industry median. Based on the distribution chart, North American Construction Group ranks #60 out of 1041 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 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North American Construction Group's Moat Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, North American Construction Group ranks #60 out of 1041 companies for Moat Score. This places North American Construction Group in the top 6% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. North American Construction Group's value of 5 is 400% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. North American Construction Group's current Moat Score of 5 is 400% above 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North American Construction Group's current Moat Score is 5. 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 $23.73, compared to a current price of $12.91 — trading 45.6% below its estimated fair value. The current Moat Score is 5 and 400% above the Oil & Gas industry median of 1.00. North American Construction Group's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For North American Construction Group (NOA), the current Moat Score is 5 as of Jul. 02, 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 $12.91 is trading 45.6% below its estimated GF Value™ of $23.73. GuruFocus considers North American Construction Group to be Possible Value Trap.

Key valuation signals for NOA:

  • Moat Score: 5
  • GF Value™: $23.73 vs. price of $12.91 (45.6% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 400% above the Oil & Gas median (#60 of 1041)

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.
84GF Score

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

$12.91
Price
$23.73
GF Value