CNQ Valuation
Canadian Natural Resources Ltd
$
29.900
- Overview
- Forecast
- Valuation
- Earnings
CNQ Relative Valuation
CNQ's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, CNQ is overvalued; if below, it's undervalued.
Historical Valuation
Canadian Natural Resources Ltd (CNQ) is now in the Fair zone, suggesting that its current forward PS ratio of 2.34 is considered Fairly compared with the five-year average of 6.47. The fair price of Canadian Natural Resources Ltd (CNQ) is between 22.17 to 32.13 according to relative valuation methord.
Relative Value
Fair Zone
22.17-32.13
Current Price：29.90
Fair
13.29
PE
1Y
3Y
5Y
Trailing
Forward
6.36
EV/EBITDA
Canadian Natural Resources Ltd. (CNQ) has a current EV/EBITDA of 6.36. The 5-year average EV/EBITDA is 5.38. The thresholds are as follows: Strongly Undervalued below 3.41, Undervalued between 3.41 and 4.39, Fairly Valued between 6.36 and 4.39, Overvalued between 6.36 and 7.34, and Strongly Overvalued above 7.34. The current Forward EV/EBITDA of 6.36 falls within the Overvalued range.
8.96
EV/EBIT
Canadian Natural Resources Ltd. (CNQ) has a current EV/EBIT of 8.96. The 5-year average EV/EBIT is 9.47. The thresholds are as follows: Strongly Undervalued below -3.84, Undervalued between -3.84 and 2.82, Fairly Valued between 16.12 and 2.82, Overvalued between 16.12 and 22.78, and Strongly Overvalued above 22.78. The current Forward EV/EBIT of 8.96 falls within the Historic Trend Line -Fairly Valued range.
2.34
PS
Canadian Natural Resources Ltd. (CNQ) has a current PS of 2.34. The 5-year average PS is 2.25. The thresholds are as follows: Strongly Undervalued below 1.27, Undervalued between 1.27 and 1.76, Fairly Valued between 2.74 and 1.76, Overvalued between 2.74 and 3.23, and Strongly Overvalued above 3.23. The current Forward PS of 2.34 falls within the Historic Trend Line -Fairly Valued range.
5.91
P/OCF
Canadian Natural Resources Ltd. (CNQ) has a current P/OCF of 5.91. The 5-year average P/OCF is 5.54. The thresholds are as follows: Strongly Undervalued below 2.53, Undervalued between 2.53 and 4.04, Fairly Valued between 7.04 and 4.04, Overvalued between 7.04 and 8.54, and Strongly Overvalued above 8.54. The current Forward P/OCF of 5.91 falls within the Historic Trend Line -Fairly Valued range.
10.30
P/FCF
Canadian Natural Resources Ltd. (CNQ) has a current P/FCF of 10.30. The 5-year average P/FCF is 8.57. The thresholds are as follows: Strongly Undervalued below 2.84, Undervalued between 2.84 and 5.71, Fairly Valued between 11.43 and 5.71, Overvalued between 11.43 and 14.30, and Strongly Overvalued above 14.30. The current Forward P/FCF of 10.30 falls within the Historic Trend Line -Fairly Valued range.
Canadian Natural Resources Ltd (CNQ) has a current Price-to-Book (P/B) ratio of 2.09. Compared to its 3-year average P/B ratio of 2.36 , the current P/B ratio is approximately -11.22% higher. Relative to its 5-year average P/B ratio of 2.06, the current P/B ratio is about 1.84% higher. Canadian Natural Resources Ltd (CNQ) has a Forward Free Cash Flow (FCF) yield of approximately 9.26%. Compared to its 3-year average FCF yield of 11.33%, the current FCF yield is approximately -18.32% lower. Relative to its 5-year average FCF yield of 10.86% , the current FCF yield is about -14.80% lower.
2.09
P/B
Median3y
2.36
Median5y
2.06
9.26
FCF Yield
Median3y
11.33
Median5y
10.86
Competitors Valuation Multiple
The average P/S ratio for CNQ's competitors is 1.43, providing a benchmark for relative valuation. Canadian Natural Resources Ltd Corp (CNQ) exhibits a P/S ratio of 2.34, which is 64.23% above the industry average. Given its robust revenue growth of -3.90%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Performance Decomposition
1Y
3Y
5Y
Market capitalization of CNQ decreased by 15.39% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 18.95 to 28.27.
The secondary factor is the Revenue Growth, contributed -3.90%to the performance.
Overall, the performance of CNQ in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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FAQ
Is Canadian Natural Resources Ltd (CNQ) currently overvalued or undervalued?
Canadian Natural Resources Ltd (CNQ) is now in the Fair zone, suggesting that its current forward PS ratio of 2.34 is considered Fairly compared with the five-year average of 6.47. The fair price of Canadian Natural Resources Ltd (CNQ) is between 22.17 to 32.13 according to relative valuation methord.
What is Canadian Natural Resources Ltd (CNQ) fair value?
How does CNQ's valuation metrics compare to the industry average?
What is the current P/B ratio for Canadian Natural Resources Ltd (CNQ) as of Aug 13 2025?
What is the current FCF Yield for Canadian Natural Resources Ltd (CNQ) as of Aug 13 2025?
What is the current Forward P/E ratio for Canadian Natural Resources Ltd (CNQ) as of Aug 13 2025?