C

CNOOC Ltd
SSE:600938

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CNOOC Ltd
SSE:600938
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Price: 28.83 CNY -0.72% Market Closed
Market Cap: 788.7B CNY
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Relative Value

The Relative Value of one CNOOC Ltd stock under the Base Case scenario is 27.3 CNY. Compared to the current market price of 28.83 CNY, CNOOC Ltd is Overvalued by 5%.

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
27.3 CNY
Overvaluation 5%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
14
vs Industry
38
Median 3Y
1.3
Median 5Y
1.3
Industry
1.2
Forward
1.8
vs History
20
vs Industry
33
Median 3Y
4.2
Median 5Y
4.2
Industry
9.4
Forward
5.4
vs History
20
vs Industry
34
Median 3Y
2.7
Median 5Y
2.7
Industry
4.7
vs History
20
vs Industry
21
Median 3Y
7.6
Median 5Y
7.6
Industry
9.7
vs History
20
vs Industry
38
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1
vs History
17
vs Industry
48
Median 3Y
1
Median 5Y
1
Industry
1.7
Forward
1.4
vs History
23
vs Industry
45
Median 3Y
2.3
Median 5Y
2.3
Industry
4.3
vs History
26
vs Industry
37
Median 3Y
2.5
Median 5Y
2.5
Industry
5.8
Forward
2.3
vs History
26
vs Industry
41
Median 3Y
2.5
Median 5Y
2.5
Industry
8.3
Forward
3.2
vs History
23
vs Industry
45
Median 3Y
2.2
Median 5Y
2.2
Industry
6.3
vs History
23
vs Industry
29
Median 3Y
4.9
Median 5Y
4.9
Industry
10.4
vs History
20
vs Industry
40
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9

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
788.7B CNY 1.8 5.5 3.3 3.3
US
Conocophillips
NYSE:COP
125.6B USD 2.3 12.7 5.8 9.6
US
EOG Resources Inc
NYSE:EOG
68.2B USD 2.8 9.6 5 7.2
CA
Canadian Natural Resources Ltd
TSX:CNQ
91.9B CAD 2.6 12.1 6 10.1
US
Diamondback Energy Inc
NASDAQ:FANG
46.2B USD 4.8 14.4 8.7 12.9
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
UK
Savannah Energy PLC
LSE:SAVE
34.4B GBP 201 -1 856.6 267.3 303.2
US
Hess Corp
NYSE:HES
40.2B USD 3.2 15.2 6.8 10.3
AU
Woodside Energy Group Ltd
ASX:WDS
45.9B AUD 2.3 15.4 3.7 6.8
US
Continental Resources Inc
F:C5L
25.8B EUR 3 7.5 4.4 6
US
Texas Pacific Land Corp
NYSE:TPL
26.7B USD 38.9 59.5 47.7 49.3

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