North American Construction Group (NYSE:NOA) & Almonty Industries (NASDAQ:ALM) Critical Comparison

Almonty Industries (NASDAQ:ALM) and North American Construction Group (NYSE:NOA) are both materials companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability and dividends.

Profitability

This table compares Almonty Industries and North American Construction Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Almonty Industries	125.89%	9.19%	3.97%
North American Construction Group	2.41%	6.23%	1.50%

Institutional & Insider Ownership

75.0% of North American Construction Group shares are owned by institutional investors. 9.7% of North American Construction Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

Almonty Industries has a beta of 3.75, meaning that its share price is 275% more volatile than the S&P 500. Comparatively, North American Construction Group has a beta of 1.12, meaning that its share price is 12% more volatile than the S&P 500.

Valuation & Earnings

This table compares Almonty Industries and North American Construction Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Almonty Industries	$85.80 million	44.26	-$115.88 million	$0.16	82.38
North American Construction Group	$919.14 million	0.36	$24.22 million	$0.79	15.36

North American Construction Group has higher revenue and earnings than Almonty Industries. North American Construction Group is trading at a lower price-to-earnings ratio than Almonty Industries, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Almonty Industries and North American Construction Group, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Almonty Industries	0	2	5	1	2.88
North American Construction Group	1	4	2	0	2.14

Almonty Industries currently has a consensus target price of $24.21, indicating a potential upside of 83.67%. North American Construction Group has a consensus target price of $25.75, indicating a potential upside of 112.18%. Given North American Construction Group’s higher possible upside, analysts clearly believe North American Construction Group is more favorable than Almonty Industries.

Summary

Almonty Industries beats North American Construction Group on 9 of the 15 factors compared between the two stocks.

About Almonty Industries

Almonty Industries Inc. is a producer of tungsten concentrate. The Company is currently mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. Almonty Industries Inc. is based in TORONTO.

About North American Construction Group

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments. It also offers mine management services for thermal coal mines; and construction and operations support services in the Canadian oil sands region. In addition, the company provides fully maintained heavy equipment rentals and full service mine operations support at metallurgical and thermal coal mines; heavy equipment rentals to iron ore, gold and lithium producers; and heavy equipment maintenance, component remanufacturing, and full equipment rebuild services to mining companies and other heavy equipment operators, as well as supplies production-critical components to the mining and construction industry. As of December 31, 2023, it operated a heavy equipment fleet of 900 units. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was incorporated in 1953 and is headquartered in Acheson, Canada.