` CNR (Canadian National Railway Co) vs CP (Canadian Pacific Railway Ltd) Comparison - Alpha Spread

CNR
vs
CP

Over the past 12 months, CNR has underperformed CP, delivering a return of -13% compared to the CP's 3% growth.

Valuation Comparison

CNR Intrinsic Value
173.5 CAD
Undervaluation 19%
Intrinsic Value
Price
CP Intrinsic Value
129.64 CAD
Undervaluation 15%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Canadian National Railway Co
TSX:CNR
139.75 CAD
173.5 CAD
Undervalued by 19%
158.27 CAD
12% Undervalued
188.72 CAD
26% Undervalued
168.5 CAD
21% Upside
Canadian Pacific Railway Ltd
TSX:CP
110.31 CAD
129.64 CAD
Undervalued by 15%
108.85 CAD
1% Overvalued
150.43 CAD
27% Undervalued
124.21 CAD
13% Upside

Financials Comparison

Growth Over Time
CNR vs CP

CNR
CP
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Canadian National Railway Co
Revenue
Canadian Pacific Railway Ltd
Revenue

All metrics are calculated based on data from the last 10 years.

Profitability Comparison

Free Cash Flow
CNR vs CP

CNR
CP
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Canadian National Railway Co
TSX:CNR
Canadian Pacific Railway Ltd
TSX:CP
What is Free Cash Flow?

Gross Margin

CNR
74.5%
CP
84.8%

Operating Margin

CNR
36.7%
CP
36.9%

Net Margin

CNR
26.2%
CP
26%

FCF Margin

CNR
18.9%
CP
15.9%

ROE

CNR
21.7%
CP
8.5%

ROA

CNR
8.1%
CP
4.5%

ROIC

CNR
9.1%
CP
5.2%

ROCE

CNR
12.5%
CP
6.9%

Stocks Performance

Stocks Performance
CNR vs CP

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CNR
CP
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1Y 3Y 5Y 10Y 15Y 20Y

Performance Gap
CNR vs CP

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CNR
CP
Difference
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1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
CNR vs CP

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CNR
CP
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