Canadian Natural Resources Ltd
TSX:CNQ

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Canadian Natural Resources Ltd
TSX:CNQ
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Price: 42.61 CAD -0.28% Market Closed
Market Cap: 89.4B CAD

EV/EBIT
Enterprise Value to EBIT

9.5
Current
9.5
Median
8.6
Industry
Lower than median
Higher than industry value

Enterprise Value to EBIT (EV/EBIT) ratio is a valuation multiple that compares the value of a company, debt included, to the company’s earnings before interest and taxes (EBIT). Considered one of the most frequently used multiples for comparisons among companies, the EV/EBIT multiple relies on operating income as the core driver of valuation.

EV/EBIT
9.5
=
Enterprise Value
106.4B CAD
/
EBIT
11.3B CAD

EV/EBIT Forward Multiples

Forward EV/EBIT multiple is a version of the EV/EBIT ratio that uses forecasted EBIT for the EV/EBIT calculation. 1-Year, 2-Years, and 3-Years forwards use EBIT forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
EV/EBIT
10.8
2-Years Forward
EV/EBIT
12.2
3-Years Forward
EV/EBIT
9.4