C

CNOOC Ltd
TSX:CNU

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CNOOC Ltd
TSX:CNU
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Price: 121 CAD 0.41%
Market Cap: 54B CAD

Relative Value

CNU price has not been updated for more than 1 year. This may indicate that the stock has been delisted.

The Relative Value of one CNU stock under the Base Case scenario is 135.9 CAD. Compared to the current market price of 121 CAD, CNOOC Ltd is Undervalued by 11%.

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.

CNU Relative Value
Base Case
135.9 CAD
Undervaluation 11%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
39
Median 3Y
1.4
Median 5Y
1.4
Industry
1.3
Forward
1.6
vs History
35
vs Industry
38
Median 3Y
4.6
Median 5Y
4.6
Industry
10.4
Forward
4.7
vs History
33
vs Industry
38
Median 3Y
2.8
Median 5Y
2.8
Industry
4.9
vs History
28
vs Industry
25
Median 3Y
8.9
Median 5Y
8.9
Industry
10.1
vs History
35
vs Industry
43
Median 3Y
0.9
Median 5Y
0.9
Industry
1.1
vs History
33
vs Industry
54
Median 3Y
1.2
Median 5Y
1.2
Industry
1.8
Forward
1.3
vs History
35
vs Industry
56
Median 3Y
2.5
Median 5Y
2.5
Industry
4.6
vs History
33
vs Industry
44
Median 3Y
2.8
Median 5Y
2.8
Industry
6.1
Forward
2.1
vs History
33
vs Industry
45
Median 3Y
2.8
Median 5Y
2.8
Industry
8.6
Forward
3.1
vs History
30
vs Industry
50
Median 3Y
2.3
Median 5Y
2.3
Industry
6.5
vs History
33
vs Industry
35
Median 3Y
5.2
Median 5Y
5.2
Industry
10.8
vs History
35
vs Industry
49
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9

Multiples Across Competitors

CNU Competitors Multiples
CNOOC Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
CNOOC Ltd
TSX:CNU
686.3B CAD 1.7 5.1 3 3
US
Conocophillips
NYSE:COP
114B USD 2 12 5.5 9.5
CA
Canadian Natural Resources Ltd
TSX:CNQ
90B CAD 2.3 11.9 5.9 9.5
US
EOG Resources Inc
NYSE:EOG
62.8B USD 2.7 10.3 4.9 7.4
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
41.1B USD 3.3 18.4 7.4 12.1
US
Diamondback Energy Inc
NASDAQ:FANG
40.4B USD 3.7 12.2 6.9 11.1
US
EQT Corp
NYSE:EQT
33.5B USD 6 90.5 15.8 127
US
Texas Pacific Land Corp
NYSE:TPL
32.3B USD 45.7 71.1 56.6 59.3
US
Continental Resources Inc
F:C5L
25.8B EUR 3.3 8.1 4.7 6.4
US
Expand Energy Corp
NASDAQ:EXE
27B USD 5.1 -27.3 34.3 -28.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
C
CNOOC Ltd
TSX:CNU
Average EV/EBIT: 25.3
3
0%
N/A
US
Conocophillips
NYSE:COP
9.5
11%
0.9
CA
Canadian Natural Resources Ltd
TSX:CNQ
9.5
5%
1.9
US
EOG Resources Inc
NYSE:EOG
7.4
-2%
N/A
US
P
Pioneer Natural Resources Co
LSE:0KIX
7.8
2%
3.9
US
Hess Corp
NYSE:HES
12.1
10%
1.2
US
Diamondback Energy Inc
NASDAQ:FANG
11.1
7%
1.6
US
EQT Corp
NYSE:EQT
127
127%
1
US
Texas Pacific Land Corp
NYSE:TPL
59.3
N/A N/A
US
C
Continental Resources Inc
F:C5L
6.4
N/A N/A
US
Expand Energy Corp
NASDAQ:EXE
Negative Multiple: -28.7 N/A N/A