$North American Construction (NOA.US)$Revenue peaked in 2019...
$North American Construction (NOA.US)$Revenue peaked in 2019, falling 30% in 2020, rebounding 31% in 2021, operating profit increased for 4 years, declined 21% in 2021, and net profit continued to increase for 5 years due to equity earnings.
Revenue increased 13% in the first 3 quarters of 2022, operating profit increased 9% to 41 million, and net profit reached 41 million after excluding high interest and income taxes due to equity income income.
The current price-earnings ratio is 11.5, which is not much discounted compared to the recent growth rate of operating profit, and is not very attractive.
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