Canadian Natural Resources Ltd
TSX:CNQ

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Canadian Natural Resources Ltd
TSX:CNQ
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Price: 46.49 CAD 0.04% Market Closed
Market Cap: 96.8B CAD

Relative Value

The Relative Value of one CNQ stock under the Base Case scenario is 49.18 CAD. Compared to the current market price of 46.49 CAD, Canadian Natural Resources Ltd is Undervalued 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.

CNQ Relative Value
Base Case
49.18 CAD
Undervaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
32
vs Industry
30
Median 3Y
2.4
Median 5Y
2.4
Industry
1.4
Forward
2.5
vs History
12
vs Industry
15
Median 3Y
12.4
Median 5Y
10.9
Industry
12
Forward
13.7
vs History
40
vs Industry
19
Median 3Y
6.5
Median 5Y
6.3
Industry
5.1
vs History
30
vs Industry
15
Median 3Y
14.6
Median 5Y
17.7
Industry
10.9
vs History
20
vs Industry
16
Median 3Y
2.3
Median 5Y
2.2
Industry
1.3
vs History
35
vs Industry
32
Median 3Y
2.8
Median 5Y
2.9
Industry
2.1
Forward
2.9
vs History
25
vs Industry
30
Median 3Y
5.8
Median 5Y
5.7
Industry
5.2
vs History
48
vs Industry
25
Median 3Y
5.9
Median 5Y
6
Industry
6.7
Forward
6.3
vs History
29
vs Industry
21
Median 3Y
10.5
Median 5Y
10.4
Industry
10.1
Forward
14
vs History
32
vs Industry
23
Median 3Y
7.4
Median 5Y
7.4
Industry
7
vs History
vs Industry
21
Median 3Y
9.9
Median 5Y
10.2
Industry
11.5
vs History
27
vs Industry
27
Median 3Y
1.3
Median 5Y
1.3
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
96.9B CAD 2.5 14.6 6 11.1
CN
CNOOC Ltd
SSE:600938
825.6B CNY 2 6.7 5.2 5.2
US
Conocophillips
NYSE:COP
115.7B USD 1.9 13.1 5.5 10.5
US
EOG Resources Inc
NYSE:EOG
57.1B USD 2.5 10.3 5.2 8.2
US
Hess Corp
NYSE:HES
46.1B USD 3.7 20.7 8.2 13.4
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Diamondback Energy Inc
NASDAQ:FANG
43.1B USD 2.8 10.3 5.7 10.5
US
EQT Corp
NYSE:EQT
33.4B USD 4.2 18.8 7.9 15.7
US
Continental Resources Inc
F:C5L
25.8B EUR 3.4 8.5 4.9 6.7
AU
Woodside Energy Group Ltd
ASX:WDS
44.8B AUD 2.2 10.1 4 9.2
US
Expand Energy Corp
NASDAQ:EXE
26.3B USD 2.4 30.3 7.3 23.3