WallStSmart

North American Construction Group Ltd (NOA)vsShell PLC ADR (SHEL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shell PLC ADR generates 21073% more annual revenue ($267.34B vs $1.26B). SHEL leads profitability with a 7.0% profit margin vs 2.6%. NOA appears more attractively valued with a PEG of 0.38. SHEL earns a higher WallStSmart Score of 63/100 (C+).

NOA

Hold

49

out of 100

Grade: D+

Growth: 4.0Profit: 5.0Value: 8.0Quality: 3.5
Piotroski: 3/9Altman Z: 1.22

SHEL

Buy

63

out of 100

Grade: C+

Growth: 4.7Profit: 5.5Value: 5.3Quality: 6.0
Piotroski: 3/9Altman Z: 2.37
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NOAUndervalued (+13.2%)

Margin of Safety

+13.2%

Fair Value

$18.38

Current Price

$13.17

$5.21 discount

UndervaluedFair: $18.38Overvalued
SHELSignificantly Overvalued (-62.8%)

Margin of Safety

-62.8%

Fair Value

$54.26

Current Price

$88.38

$34.12 premium

UndervaluedFair: $54.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

Growing faster than its price suggests

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

P/E RatioValuation
17.5x8/10

Attractively priced relative to earnings

SHEL5 strengths · Avg: 8.8/10
Market CapQuality
$241.84B10/10

Mega-cap, among the largest globally

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

P/E RatioValuation
13.6x8/10

Attractively priced relative to earnings

EPS GrowthGrowth
26.6%8/10

Earnings expanding 26.6% YoY

Free Cash FlowQuality
$2.31B8/10

Generating 2.3B in free cash flow

Areas to Watch

NOA4 concerns · Avg: 3.0/10
Market CapQuality
$375.64M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

Profit MarginProfitability
2.6%3/10

2.6% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

SHEL3 concerns · Avg: 3.3/10
Revenue GrowthGrowth
0.7%4/10

0.7% revenue growth

Profit MarginProfitability
7.0%3/10

7.0% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : SHEL

The strongest argument for SHEL centers on Market Cap, Price/Book, P/E Ratio. PEG of 1.27 suggests the stock is reasonably priced for its growth.

Bear Case : NOA

The primary concerns for NOA are Market Cap, Return on Equity, Profit Margin. Debt-to-equity of 2.02 is elevated, increasing financial risk. Thin 2.6% margins leave little buffer for downturns.

Bear Case : SHEL

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

Key Dynamics to Monitor

NOA carries more volatility with a beta of 1.15 — expect wider price swings.

SHEL is growing revenue faster at 0.7% — sustainability is the question.

SHEL generates stronger free cash flow (2.3B), providing more financial flexibility.

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

Bottom Line

SHEL scores higher overall (63/100 vs 49/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

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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Shell PLC ADR

ENERGY · OIL & GAS INTEGRATED · USA

Shell plc is a global petrochemical and energy company. The company is headquartered in The Hague, the Netherlands.

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