WallStSmart

Chevron Corp (CVX)vsNorth American Construction Group Ltd (NOA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Chevron Corp generates 14278% more annual revenue ($184.65B vs $1.28B). CVX leads profitability with a 6.7% profit margin vs 2.6%. NOA appears more attractively valued with a PEG of 0.38. NOA earns a higher WallStSmart Score of 53/100 (C-).

CVX

Hold

46

out of 100

Grade: D+

Growth: 2.0Profit: 5.0Value: 4.7Quality: 4.0
Piotroski: 2/9

NOA

Buy

53

out of 100

Grade: C-

Growth: 4.7Profit: 5.5Value: 9.3Quality: 3.5
Piotroski: 3/9Altman Z: 1.29
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CVXSignificantly Overvalued (-54.6%)

Margin of Safety

-54.6%

Fair Value

$125.03

Current Price

$193.31

$68.28 premium

UndervaluedFair: $125.03Overvalued
NOAUndervalued (+51.4%)

Margin of Safety

+51.4%

Fair Value

$32.82

Current Price

$14.67

$18.15 discount

UndervaluedFair: $32.82Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CVX3 strengths · Avg: 8.7/10
Market CapQuality
$382.88B10/10

Mega-cap, among the largest globally

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$5.38B8/10

Generating 5.4B in free cash flow

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

Growing faster than its price suggests

Price/BookValuation
1.2x10/10

Reasonable price relative to book value

P/E RatioValuation
17.3x8/10

Attractively priced relative to earnings

Areas to Watch

CVX4 concerns · Avg: 3.3/10
P/E RatioValuation
29.0x4/10

Moderate valuation

Return on EquityProfitability
7.2%3/10

ROE of 7.2% — below average capital efficiency

Profit MarginProfitability
6.7%3/10

6.7% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

NOA4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

Market CapQuality
$407.47M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
2.6%3/10

2.6% margin — thin

Debt/EquityHealth
1.933/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : CVX

The strongest argument for CVX centers on Market Cap, Price/Book, Free Cash Flow. PEG of 1.08 suggests the stock is reasonably priced for its growth.

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.

Bear Case : CVX

The primary concerns for CVX are P/E Ratio, Return on Equity, Profit Margin.

Bear Case : NOA

The primary concerns for NOA are Revenue Growth, Market Cap, Profit Margin. Debt-to-equity of 1.93 is elevated, increasing financial risk. Thin 2.6% margins leave little buffer for downturns.

Key Dynamics to Monitor

NOA carries more volatility with a beta of 1.19 — expect wider price swings.

NOA is growing revenue faster at 0.0% — sustainability is the question.

CVX generates stronger free cash flow (5.4B), providing more financial flexibility.

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

Bottom Line

NOA scores higher overall (53/100 vs 46/100). 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.

Chevron Corp

ENERGY · OIL & GAS INTEGRATED · USA

Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.

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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