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North American Construction Group Ltd. (NOA) — WACC Analysis

WACC Breakdown

North American Construction Group Ltd. (NOA) has a weighted average cost of capital (WACC) of 6.2%. The cost of equity is 8.3%, derived from a beta of 0.78 and a risk-free rate of 4.7%. The after-tax cost of debt is 5.0%. The capital structure is 35.4% equity and 64.6% debt.

Interpretation

A WACC of 6.2% suggests that the market views North American Construction Group Ltd. as relatively low-risk, with a lower cost of financing.

Investors can compare NOA's WACC of 6.2% against industry peers to gauge its relative financing costs. A beta of 0.78 reflects the stock's volatility relative to the broader market.

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VALUATION

NOA WACC: 6.17% for North American Construction Group Ltd.

Current inputs imply a 8.28% cost of equity and a 6.34% pre-tax cost of debt. Use this discount rate as a starting point for DCF validation.

[01]Current Market Data
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WACC Calculation Process
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Market Data Loaded
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Company Data Fetched
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Beta Calculated (5Y)
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Inputs Auto-Populated
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WACC Calculated
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Step 2: Enter Ticker Symbol
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Step 4: Review Auto-Populated WACC Inputs

Values are automatically populated from real data. You can adjust them manually if needed.

4.30%
1.000
4.23%
5.00%
21.00%
70.00%
Debt: 30.00%Equity: 70.00%

Please enter a valid company ticker to calculate WACC

North American Construction Group Ltd. Common Stock (NOA) WACC Results
Weighted Average Cost of Capital
6.17%
Cost of Equity
8.28%
Risk-Free Rate4.67%
Beta0.78
Market Risk Premium4.23%
Cost of Debt
5.01%
Pre-Tax Cost of Debt6.34%
Tax Rate21.00%
Tax Shield1.33%
Capital Structure
Equity: 35.40%($364.41M)
Debt: 64.60%($664.90M)
Equity Component
2.93%
35.40% × 8.28%
Debt Component
3.24%
64.60% × 5.01%

North American Construction Group Ltd. (NOA) WACC in context

North American Construction Group Ltd. (NOA) currently screens with an estimated WACC of 6.17%. That blends a 8.28% cost of equity, a 6.34% pre-tax cost of debt, and a 35.40% equity weight into the discount rate you would typically use in a DCF model.

screens as a relatively low discount rate, which usually supports higher DCF values.

What NOA WACC implies

A 6.17% discount rate screens as a relatively low discount rate, which usually supports higher DCF values.

How this page calculates NOA

This page combines CAPM-based cost of equity with SEC-derived debt and capital structure inputs. The current beta is 0.78 and equity accounts for 35.40% of capital.

What to do next

Validate business quality on the company page, then carry the same discount-rate assumptions into the DCF page to test fair value sensitivity.

Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.

NOA WACC: 6.17% — North American Construction Group Ltd. Cost of Capital (August 2026) | DeepViews