C

CNOOC Ltd
SSE:600938

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CNOOC Ltd
SSE:600938
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Price: 26.21 CNY -1.21% Market Closed
Market Cap: 717B CNY
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Relative Value

The Relative Value of one CNOOC Ltd stock under the Base Case scenario is 27.14 CNY. Compared to the current market price of 26.21 CNY, CNOOC Ltd is Undervalued by 3%.

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.

Relative Value
Base Case
27.14 CNY
Undervaluation 3%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
38
Median 3Y
1.3
Median 5Y
1.3
Industry
1.3
Forward
1.6
vs History
30
vs Industry
33
Median 3Y
4.1
Median 5Y
4.1
Industry
9.8
Forward
8.5
vs History
27
vs Industry
34
Median 3Y
2.6
Median 5Y
2.6
Industry
4.9
vs History
27
vs Industry
21
Median 3Y
7.6
Median 5Y
7.6
Industry
10.5
vs History
27
vs Industry
38
Median 3Y
0.8
Median 5Y
0.8
Industry
1.2
vs History
33
vs Industry
48
Median 3Y
1
Median 5Y
1
Industry
1.8
Forward
1.2
vs History
30
vs Industry
45
Median 3Y
2.3
Median 5Y
2.3
Industry
4.5
vs History
36
vs Industry
37
Median 3Y
2.4
Median 5Y
2.4
Industry
6
Forward
2.1
vs History
36
vs Industry
41
Median 3Y
2.4
Median 5Y
2.4
Industry
8.4
Forward
2.9
vs History
30
vs Industry
45
Median 3Y
2.2
Median 5Y
2.2
Industry
6.4
vs History
33
vs Industry
29
Median 3Y
4.6
Median 5Y
4.6
Industry
11
vs History
27
vs Industry
40
Median 3Y
0.6
Median 5Y
0.6
Industry
1

Multiples Across Competitors

Competitors Multiples
CNOOC 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
CN
CNOOC Ltd
SSE:600938
717B CNY 1.6 5.1 2.9 2.9
US
Conocophillips
NYSE:COP
129.2B USD 2.3 13 6 9.9
US
EOG Resources Inc
NYSE:EOG
77B USD 3.2 10.8 5.7 8.2
CA
Canadian Natural Resources Ltd
TSX:CNQ
102.8B CAD 2.9 13.5 6.6 11.2
US
Diamondback Energy Inc
NASDAQ:FANG
54.2B USD 5.7 16.9 9.9 14.7
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
45.5B USD 3.6 17.3 7.6 11.5
US
Texas Pacific Land Corp
NYSE:TPL
37.8B USD 55.1 84.3 68 70.3
AU
Woodside Energy Group Ltd
ASX:WDS
47.6B AUD 2.5 16.7 3.9 7.3
US
EQT Corp
NYSE:EQT
27.8B USD 4.9 88.4 13.8 70.5
US
Continental Resources Inc
F:C5L
25.8B EUR 3.1 7.6 4.4 6.1

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