Canadian Natural Resources Ltd
NYSE:CNQ

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Canadian Natural Resources Ltd
NYSE:CNQ
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Price: 32.1 USD 0.98% Market Closed
Market Cap: 68.6B USD
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Relative Value

The Relative Value of one CNQ stock under the Base Case scenario is 35.57 USD. Compared to the current market price of 32.1 USD, Canadian Natural Resources Ltd is Undervalued by 10%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CNQ Relative Value
Base Case
35.57 USD
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
vs History
41
vs Industry
30
Median 3Y
2.4
Median 5Y
2.3
Industry
1.3
Forward
2.1
More Details
12.2
P/E
P/E
Price to Earnings
12.2
vs History
38
vs Industry
15
Median 3Y
11.9
Median 5Y
11
Industry
10.7
Forward
12.7
More Details
6.2
P/OCF
P/OCF
Price to OCF
6.2
vs History
42
vs Industry
19
Median 3Y
6.3
Median 5Y
5.8
Industry
4.9
More Details
18.6
P/FCFE
P/FCFE
Price to FCFE
18.6
vs History
33
vs Industry
15
Median 3Y
14
Median 5Y
15
Industry
10.6
More Details
2.3
P/B
P/B
Price to Book Value
2.3
vs History
30
vs Industry
16
Median 3Y
2.3
Median 5Y
2.1
Industry
1.2
More Details
2.8
EV/S
EV/S
Enterprise Value to Sales
2.8
vs History
47
vs Industry
32
Median 3Y
2.8
Median 5Y
2.8
Industry
1.9
Forward
2.5
More Details
5.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.7
vs History
53
vs Industry
30
Median 3Y
5.5
Median 5Y
5.7
Industry
4.7
More Details
6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6
vs History
55
vs Industry
25
Median 3Y
5.9
Median 5Y
6.2
Industry
6.3
Forward
5.9
More Details
9.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.7
vs History
57
vs Industry
21
Median 3Y
9.6
Median 5Y
10.5
Industry
8.9
Forward
12.4
More Details
7.4
EV/OCF
EV/OCF
Enterprise Value to OCF
7.4
vs History
50
vs Industry
23
Median 3Y
7.3
Median 5Y
7.3
Industry
6.5
More Details
1 653.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
1 653.9
vs History
1
vs Industry
21
Median 3Y
10.7
Median 5Y
11.1
Industry
10.7
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
33
vs Industry
27
Median 3Y
1.3
Median 5Y
1.2
Industry
1
More Details

Multiples Across Competitors

CNQ Competitors Multiples
Canadian Natural Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Canadian Natural Resources Ltd
NYSE:CNQ
92.1B USD 2.4 12.2 6 9.7
US
Conocophillips
NYSE:COP
120.7B USD 2.1 12.7 5.7 10
CN
CNOOC Ltd
SSE:600938
708.5B CNY 1.7 5.3 3.2 3.2
US
EOG Resources Inc
NYSE:EOG
67.8B USD 2.9 11.2 5.3 8
US
Hess Corp
NYSE:HES
47.4B USD 3.8 21.3 8.4 13.7
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Diamondback Energy Inc
NASDAQ:FANG
41.5B USD 3.2 10.5 6 10
US
Venture Global Inc
NYSE:VG
36.7B USD 6.9 39.9 26 33.5
US
EQT Corp
NYSE:EQT
33.1B USD 5.9 89.7 15.6 125.7
US
Continental Resources Inc
F:C5L
25.8B EUR 3.4 8.5 4.9 6.7
AU
Woodside Energy Group Ltd
ASX:WDS
45.5B AUD 2.3 8.4 3.8 7.5

See Also

Summary
CNQ intrinsic value, competitors valuation, and company profile.
DCF Valuation
CNQ stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CNQ stock valuation using valuation multiples.
Wall Street Estimates
CNQ price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CNQ stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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