WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Halliburton Company generates 1566% more annual revenue ($22.37B vs $1.34B). HAL leads profitability with a 7.2% profit margin vs 2.4%. NOA appears more attractively valued with a PEG of 0.38. HAL earns a higher WallStSmart Score of 63/100 (C+).

HAL

Buy

63

out of 100

Grade: C+

Growth: 5.3Profit: 5.5Value: 6.7Quality: 6.5
Piotroski: 3/9Altman Z: 2.84

NOA

Buy

59

out of 100

Grade: C

Growth: 6.7Profit: 5.0Value: 8.7Quality: 3.5
Piotroski: 3/9Altman Z: 1.22
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HALUndervalued (+1.7%)

Margin of Safety

+1.7%

Fair Value

$37.76

Current Price

$35.84

$1.92 discount

UndervaluedFair: $37.76Overvalued
NOAUndervalued (+18.7%)

Margin of Safety

+18.7%

Fair Value

$19.61

Current Price

$13.49

$6.12 discount

UndervaluedFair: $19.61Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HAL2 strengths · Avg: 8.0/10
PEG RatioValuation
0.778/10

Growing faster than its price suggests

Price/BookValuation
2.7x8/10

Reasonable price relative to book value

NOA4 strengths · Avg: 9.0/10
PEG RatioValuation
0.3810/10

Growing faster than its price suggests

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

P/E RatioValuation
16.5x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
25.1%8/10

Revenue surging 25.1% year-over-year

Areas to Watch

HAL3 concerns · Avg: 3.3/10
Revenue GrowthGrowth
3.7%4/10

3.7% revenue growth

Profit MarginProfitability
7.2%3/10

7.2% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

NOA4 concerns · Avg: 3.3/10
EPS GrowthGrowth
1.9%4/10

1.9% earnings growth

Market CapQuality
$359.30M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

Profit MarginProfitability
2.4%3/10

2.4% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : HAL

The strongest argument for HAL centers on PEG Ratio, Price/Book. PEG of 0.77 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. Revenue growth of 25.1% demonstrates continued momentum. PEG of 0.38 suggests the stock is reasonably priced for its growth.

Bear Case : HAL

The primary concerns for HAL are Revenue Growth, Profit Margin, Piotroski F-Score.

Bear Case : NOA

The primary concerns for NOA are EPS Growth, Market Cap, Return on Equity. Debt-to-equity of 2.47 is elevated, increasing financial risk. Thin 2.4% margins leave little buffer for downturns.

Key Dynamics to Monitor

HAL profiles as a value stock while NOA is a growth play — different risk/reward profiles.

NOA carries more volatility with a beta of 1.14 — expect wider price swings.

NOA is growing revenue faster at 25.1% — sustainability is the question.

HAL generates stronger free cash flow (589M), providing more financial flexibility.

Bottom Line

HAL scores higher overall (63/100 vs 59/100). NOA offers better value entry with a 18.7% margin of safety. 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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