CNOOC Ltd
DUS:NC2B
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C
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CNOOC Ltd
DUS:NC2B
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Vinci SA
PAR:DG
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FR |
Intrinsic Value
The intrinsic value of CNOOC Ltd (NC2B) under the Base Case is 3.21 EUR per share. Compared with the current market price of 2.12 EUR, the stock appears Undervalued by 34% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What CNOOC Does
CNOOC Ltd is China’s main offshore oil and gas company. It explores for crude oil and natural gas, develops offshore fields, and produces the hydrocarbons that later become fuel, chemicals, and other energy products. Its core business is finding reserves under the sea, bringing them into production, and selling the output to refiners, traders, and industrial users.
- Headquarters
- China CN
- Employees
- 22 045
- IPO date
- Feb 28, 2001
CNOOC has no economic moat
CNOOC Ltd lacks an economic moat, leaving it vulnerable to competitive pressures and market challenges.
Read the full moat analysis
Earnings Waterfall
CNOOC Ltd
The intrinsic value for CNOOC Ltd (NC2B) under the Base Case is 3.21 EUR.
Compared with the current market price of 2.12 EUR, the stock appears Undervalued by 34% .