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Canadian Natural Resources Ltd
TSX:CNQ

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Canadian Natural Resources Ltd
TSX:CNQ
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Price: 47.63 CAD 0.06% Market Closed
Updated: Jul 27, 2024
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Relative Value

The Relative Value of one CNQ stock under the Base Case scenario is 29.4 CAD. Compared to the current market price of 47.63 CAD, Canadian Natural Resources Ltd is Overvalued by 38%.

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
29.4 CAD
Overvaluation 38%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
29
Median 3Y
1.1
Median 5Y
1
Industry
1.3
Forward
2.8
vs History
11
vs Industry
15
Median 3Y
4.7
Median 5Y
4.4
Industry
9.6
Forward
13
vs History
14
vs Industry
17
Median 3Y
2.6
Median 5Y
2.4
Industry
4.7
vs History
33
vs Industry
18
Median 3Y
13.8
Median 5Y
6.7
Industry
10.5
vs History
7
vs Industry
15
Median 3Y
1.1
Median 5Y
0.8
Industry
1.2
vs History
7
vs Industry
32
Median 3Y
1.6
Median 5Y
1.7
Industry
1.8
Forward
3
vs History
9
vs Industry
30
Median 3Y
3.1
Median 5Y
3.4
Industry
4.4
vs History
7
vs Industry
24
Median 3Y
3.3
Median 5Y
3.6
Industry
5.7
Forward
6.4
vs History
25
vs Industry
18
Median 3Y
5.4
Median 5Y
7.2
Industry
8
Forward
12.8
vs History
17
vs Industry
22
Median 3Y
3.6
Median 5Y
4.2
Industry
6.3
vs History
25
vs Industry
22
Median 3Y
5.6
Median 5Y
7.5
Industry
11.1
vs History
7
vs Industry
25
Median 3Y
0.7
Median 5Y
0.6
Industry
1

Multiples Across Competitors

CNQ Competitors Multiples
Canadian Natural Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Canadian Natural Resources Ltd
TSX:CNQ
73.9B CAD 2.9 13.7 6.8 11.4
US
Conocophillips
NYSE:COP
130B USD 2.3 12.3 6.1 9.7
CN
CNOOC Ltd
SSE:600938
791.4B CNY 1.8 6 3.9 3.9
US
EOG Resources Inc
NYSE:EOG
73.4B USD 3 9.9 5.4 7.6
US
Hess Corp
NYSE:HES
46.4B USD 4.1 23.1 9.3 14.8
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Diamondback Energy Inc
NASDAQ:FANG
35.9B USD 4.1 11.3 6.4 8.9
AU
Woodside Energy Group Ltd
NYSE:WDS
33.4B USD 2.4 20.3 4 7.1
US
Devon Energy Corp
NYSE:DVN
29.4B USD 1.6 6.8 4 5.9
US
Continental Resources Inc
F:C5L
25.8B EUR 3.2 7.9 4.6 6.3
AU
Woodside Petroleum Ltd
ASX:WPL
30.6B AUD 2.9 10.1 5.6 9.4

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