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 Overvalued zone, suggesting that its current forward PE ratio of 14.79 is considered Overvalued compared with the five-year average of 10.20. The fair price of Canadian Natural Resources Ltd (CNQ) is between 19.13 to 31.40 according to relative valuation methord. Compared to the current price of 34.46 USD , Canadian Natural Resources Ltd is Overvalued By 9.76%.
Relative Value
Fair Zone
19.13-31.40
Current Price：34.46
9.76%
Overvalued
14.79
PE
1Y
3Y
5Y
Trailing
Forward
6.70
EV/EBITDA
Canadian Natural Resources Ltd. (CNQ) has a current EV/EBITDA of 6.70. The 5-year average EV/EBITDA is 5.41. The thresholds are as follows: Strongly Undervalued below 3.41, Undervalued between 3.41 and 4.41, Fairly Valued between 6.42 and 4.41, Overvalued between 6.42 and 7.42, and Strongly Overvalued above 7.42. The current Forward EV/EBITDA of 6.70 falls within the Overvalued range.
10.26
EV/EBIT
Canadian Natural Resources Ltd. (CNQ) has a current EV/EBIT of 10.26. The 5-year average EV/EBIT is 8.15. The thresholds are as follows: Strongly Undervalued below 3.40, Undervalued between 3.40 and 5.77, Fairly Valued between 10.52 and 5.77, Overvalued between 10.52 and 12.90, and Strongly Overvalued above 12.90. The current Forward EV/EBIT of 10.26 falls within the Historic Trend Line -Fairly Valued range.
2.59
PS
Canadian Natural Resources Ltd. (CNQ) has a current PS of 2.59. The 5-year average PS is 2.31. The thresholds are as follows: Strongly Undervalued below 1.42, Undervalued between 1.42 and 1.87, Fairly Valued between 2.76 and 1.87, Overvalued between 2.76 and 3.20, and Strongly Overvalued above 3.20. The current Forward PS of 2.59 falls within the Historic Trend Line -Fairly Valued range.
6.89
P/OCF
Canadian Natural Resources Ltd. (CNQ) has a current P/OCF of 6.89. The 5-year average P/OCF is 5.51. The thresholds are as follows: Strongly Undervalued below 2.65, Undervalued between 2.65 and 4.08, Fairly Valued between 6.94 and 4.08, Overvalued between 6.94 and 8.38, and Strongly Overvalued above 8.38. The current Forward P/OCF of 6.89 falls within the Historic Trend Line -Fairly Valued range.
12.18
P/FCF
Canadian Natural Resources Ltd. (CNQ) has a current P/FCF of 12.18. The 5-year average P/FCF is 8.74. The thresholds are as follows: Strongly Undervalued below 2.93, Undervalued between 2.93 and 5.83, Fairly Valued between 11.65 and 5.83, Overvalued between 11.65 and 14.55, and Strongly Overvalued above 14.55. The current Forward P/FCF of 12.18 falls within the Overvalued range.
Canadian Natural Resources Ltd (CNQ) has a current Price-to-Book (P/B) ratio of 2.48. Compared to its 3-year average P/B ratio of 2.37 , the current P/B ratio is approximately 4.75% higher. Relative to its 5-year average P/B ratio of 2.14, the current P/B ratio is about 15.75% higher. Canadian Natural Resources Ltd (CNQ) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 10.54%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 10.70% , the current FCF yield is about -100.00% lower.
2.48
P/B
Median3y
2.37
Median5y
2.14
8.19
FCF Yield
Median3y
10.54
Median5y
10.70
Competitors Valuation Multiple
The average P/S ratio for CNQ's competitors is 0.67, providing a benchmark for relative valuation. Canadian Natural Resources Ltd Corp (CNQ) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 7.01%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of CNQ increased by 13.02% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 8.38 to 15.19.
The secondary factor is the Revenue Growth, contributed 7.01%to the performance.
Overall, the performance of CNQ in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
Is Canadian Natural Resources Ltd (CNQ) currently overvalued or undervalued?
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