Canadian Natural Resources Ltd
TSX:CNQ

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Canadian Natural Resources Ltd Logo
Canadian Natural Resources Ltd
TSX:CNQ
Watchlist
Price: 42.77 CAD 0.38% Market Closed
Market Cap: 89.7B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one CNQ stock under the Base Case scenario is 49.19 CAD. Compared to the current market price of 42.77 CAD, Canadian Natural Resources Ltd is Undervalued by 13%.

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
49.19 CAD
Undervaluation 13%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.3
P/S
P/S
Price to Sales
2.3
vs History
42
vs Industry
30
Median 3Y
2.5
Median 5Y
2.2
Industry
1.3
Forward
2.1
More Details
11.8
P/E
P/E
Price to Earnings
11.8
vs History
39
vs Industry
15
Median 3Y
11.1
Median 5Y
10.6
Industry
10.4
Forward
12.3
More Details
6.1
P/OCF
P/OCF
Price to OCF
6.1
vs History
42
vs Industry
19
Median 3Y
6.3
Median 5Y
5.7
Industry
4.9
More Details
18.1
P/FCFE
P/FCFE
Price to FCFE
18.1
vs History
33
vs Industry
15
Median 3Y
14
Median 5Y
14.8
Industry
10.1
More Details
2.2
P/B
P/B
Price to Book Value
2.2
vs History
34
vs Industry
16
Median 3Y
2.2
Median 5Y
2.1
Industry
1.1
More Details
2.8
EV/S
EV/S
Enterprise Value to Sales
2.8
vs History
52
vs Industry
32
Median 3Y
2.8
Median 5Y
2.8
Industry
1.8
Forward
2.5
More Details
5.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.6
vs History
53
vs Industry
30
Median 3Y
5.5
Median 5Y
5.7
Industry
4.6
More Details
5.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
5.8
vs History
58
vs Industry
25
Median 3Y
5.8
Median 5Y
6.2
Industry
6.1
Forward
5.6
More Details
9.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.5
vs History
61
vs Industry
21
Median 3Y
9.5
Median 5Y
10.5
Industry
8.6
Forward
10.8
More Details
7.2
EV/OCF
EV/OCF
Enterprise Value to OCF
7.2
vs History
50
vs Industry
23
Median 3Y
7.2
Median 5Y
7.3
Industry
6.5
More Details
1 617.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
1 617.7
vs History
1
vs Industry
21
Median 3Y
10.7
Median 5Y
10.7
Industry
10.8
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
38
vs Industry
27
Median 3Y
1.3
Median 5Y
1.2
Industry
0.9
More Details

Multiples Across Competitors

CNQ Competitors Multiples
Canadian Natural Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Canadian Natural Resources Ltd
TSX:CNQ
89.7B CAD 2.3 11.8 5.8 9.5
US
Conocophillips
NYSE:COP
108.7B USD 1.9 11.4 5.2 9.1
CN
CNOOC Ltd
SSE:600938
708.8B CNY 1.7 5.3 3.2 3.2
US
EOG Resources Inc
NYSE:EOG
61.1B USD 2.6 10 4.8 7.2
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
40.2B USD 3.2 18.1 7.3 11.9
US
Diamondback Energy Inc
NASDAQ:FANG
39.7B USD 3.6 12 6.8 11
US
EQT Corp
NYSE:EQT
33.3B USD 6 90.3 15.7 126.4
US
Texas Pacific Land Corp
NYSE:TPL
29.4B USD 41.6 64.7 51.4 53.8
US
Continental Resources Inc
F:C5L
25.8B EUR 3.3 8.2 4.8 6.5
US
Expand Energy Corp
NASDAQ:EXE
27.2B USD 5.1 -27.5 34.5 -28.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Canadian Natural Resources Ltd
TSX:CNQ
Average EV/EBIT: 24.6
9.5
5%
1.9
US
Conocophillips
NYSE:COP
9.1
11%
0.8
CN
C
CNOOC Ltd
SSE:600938
3.2
0%
N/A
US
EOG Resources Inc
NYSE:EOG
7.2
-2%
N/A
US
P
Pioneer Natural Resources Co
LSE:0KIX
7.8
2%
3.9
US
Hess Corp
NYSE:HES
11.9
10%
1.2
US
Diamondback Energy Inc
NASDAQ:FANG
11
7%
1.6
US
EQT Corp
NYSE:EQT
126.4
127%
1
US
Texas Pacific Land Corp
NYSE:TPL
53.8
N/A N/A
US
C
Continental Resources Inc
F:C5L
6.5
N/A N/A
US
Expand Energy Corp
NASDAQ:EXE
Negative Multiple: -28.9 N/A N/A

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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