WallStSmart

Halliburton Company (HAL)vsNorth American Construction Group Ltd (NOA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Halliburton Company generates 1627% more annual revenue ($22.18B vs $1.28B). HAL leads profitability with a 5.8% profit margin vs 2.6%. NOA appears more attractively valued with a PEG of 0.38. NOA earns a higher WallStSmart Score of 53/100 (C-).

HAL

Buy

52

out of 100

Grade: C-

Growth: 3.3Profit: 5.5Value: 7.3Quality: 5.5
Piotroski: 3/9

NOA

Buy

53

out of 100

Grade: C-

Growth: 4.7Profit: 5.5Value: 7.3Quality: 5.0
Piotroski: 3/9Altman Z: 1.29
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HALSignificantly Overvalued (-243.4%)

Margin of Safety

-243.4%

Fair Value

$10.20

Current Price

$38.63

$28.43 premium

UndervaluedFair: $10.20Overvalued
NOASignificantly Overvalued (-182.8%)

Margin of Safety

-182.8%

Fair Value

$5.64

Current Price

$14.27

$8.63 premium

UndervaluedFair: $5.64Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HAL0 strengths · Avg: 0/10

No standout strengths identified

NOA3 strengths · Avg: 9.3/10
PEG RatioValuation
0.3810/10

Growing faster than its price suggests

Price/BookValuation
1.2x10/10

Reasonable price relative to book value

P/E RatioValuation
17.1x8/10

Attractively priced relative to earnings

Areas to Watch

HAL4 concerns · Avg: 3.5/10
P/E RatioValuation
25.4x4/10

Moderate valuation

Revenue GrowthGrowth
0.8%4/10

0.8% revenue growth

Profit MarginProfitability
5.8%3/10

5.8% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

NOA4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

Market CapQuality
$411.02M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
2.6%3/10

2.6% margin — thin

Debt/EquityHealth
1.933/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : HAL

PEG of 1.46 suggests the stock is reasonably priced for its growth.

Bull Case : NOA

The strongest argument for NOA centers on PEG Ratio, Price/Book, P/E Ratio. PEG of 0.38 suggests the stock is reasonably priced for its growth.

Bear Case : HAL

The primary concerns for HAL are P/E Ratio, Revenue Growth, Profit Margin.

Bear Case : NOA

The primary concerns for NOA are Revenue Growth, Market Cap, Profit Margin. Debt-to-equity of 1.93 is elevated, increasing financial risk. Thin 2.6% margins leave little buffer for downturns.

Key Dynamics to Monitor

NOA carries more volatility with a beta of 1.09 — expect wider price swings.

HAL is growing revenue faster at 0.8% — sustainability is the question.

HAL generates stronger free cash flow (828M), providing more financial flexibility.

Monitor OIL & GAS EQUIPMENT & SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

NOA scores higher overall (53/100 vs 52/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Halliburton Company

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

Halliburton Company is an American multinational corporation. One of the world's largest oil field service companies, it has operations in more than 70 countries.

North American Construction Group Ltd

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

North American Construction Group Ltd. provides mining and heavy construction services to the resource development and industrial construction sectors in Canada and the United States. The company's Heavy Construction & Mining division offers constructability reviews, budget cost estimates, design-build construction, project management, contracts. mining, pre-stripping / pit excavation, overburden removal and stacking, muskeg removal and stacking, site preparation, runway construction, site dewatering / perimeter ditching, tailings and process pipelines, transportation and construction of access, construction and densification of tailings dams, mechanically stabilized earth walls, dam construction and reclamation services. The company is headquartered in Acheson, Canada.

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