North American Construction Group Ltd. (NOA) Dividends

NOA Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for NOA, the DDM model, as implemented by StockNews, implies a negative return of 73.07% relative to its current price. To help understand and contextualize the model's evaluation of NOA, investors may wish to consider are:

• Given its market cap of around 453 million US dollars, this puts the stock in the small-sized market cap class, and its dividend yield is greater than merely 23.28% of dividend yielding stocks in the same market cap class.
• In terms of opportunity, NOA's provides a return of -73.07% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than merely 16.7% of all stocks we measured with our dividend discount model.
• As other dividend issuers in the Energy sector, North American Construction Group Ltd has an equity discount rate lower than merely 17.14% of them.

NOA Dividends vs. Peers