NOA.TO vs. BLX.TO
Compare and contrast key facts about North American Construction Group Ltd. (NOA.TO) and Boralex Inc. (BLX.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOA.TO or BLX.TO.
Key characteristics
| NOA.TO | BLX.TO | |
|---|---|---|
| YTD Return | 4.38% | -0.50% |
| 1Y Return | 7.25% | 17.12% |
| 3Y Return (Ann) | 15.21% | -2.79% |
| 5Y Return (Ann) | 15.80% | 9.35% |
| 10Y Return (Ann) | 18.92% | 12.57% |
| Sharpe Ratio | 0.22 | 0.67 |
| Sortino Ratio | 0.54 | 1.21 |
| Omega Ratio | 1.07 | 1.14 |
| Calmar Ratio | 0.23 | 0.38 |
| Martin Ratio | 0.41 | 1.86 |
| Ulcer Index | 17.44% | 10.09% |
| Daily Std Dev | 33.19% | 27.99% |
| Max Drawdown | -92.20% | -73.68% |
| Current Drawdown | -16.00% | -36.31% |
Fundamentals
| NOA.TO | BLX.TO | |
|---|---|---|
| Market Cap | CA$766.45M | CA$3.39B |
| EPS | CA$1.90 | CA$0.93 |
| PE Ratio | 15.04 | 35.46 |
| PEG Ratio | 3.71 | 2.22 |
| Total Revenue (TTM) | CA$1.19B | CA$781.00M |
| Gross Profit (TTM) | CA$233.51M | CA$346.00M |
| EBITDA (TTM) | CA$250.08M | CA$488.00M |
Correlation
The correlation between NOA.TO and BLX.TO is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NOA.TO vs. BLX.TO - Performance Comparison
In the year-to-date period, NOA.TO achieves a 4.38% return, which is significantly higher than BLX.TO's -0.50% return. Over the past 10 years, NOA.TO has outperformed BLX.TO with an annualized return of 18.92%, while BLX.TO has yielded a comparatively lower 12.57% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NOA.TO vs. BLX.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for North American Construction Group Ltd. (NOA.TO) and Boralex Inc. (BLX.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NOA.TO vs. BLX.TO - Dividend Comparison
NOA.TO's dividend yield for the trailing twelve months is around 1.40%, less than BLX.TO's 2.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NOA.TO North American Construction Group Ltd. | 1.40% | 1.45% | 1.77% | 0.83% | 1.29% | 0.76% | 0.66% | 1.27% | 1.54% | 3.24% | 2.17% |
BLX.TO Boralex Inc. | 2.06% | 2.02% | 1.70% | 1.96% | 1.44% | 2.72% | 3.74% | 2.55% | 2.87% | 3.60% | 4.05% |
Drawdowns
NOA.TO vs. BLX.TO - Drawdown Comparison
The maximum NOA.TO drawdown since its inception was -92.20%, which is greater than BLX.TO's maximum drawdown of -73.68%. Use the drawdown chart below to compare losses from any high point for NOA.TO and BLX.TO. For additional features, visit the drawdowns tool.
Volatility
NOA.TO vs. BLX.TO - Volatility Comparison
North American Construction Group Ltd. (NOA.TO) has a higher volatility of 17.45% compared to Boralex Inc. (BLX.TO) at 9.37%. This indicates that NOA.TO's price experiences larger fluctuations and is considered to be riskier than BLX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NOA.TO vs. BLX.TO - Financials Comparison
This section allows you to compare key financial metrics between North American Construction Group Ltd. and Boralex Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities