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Canadian Natural Resources Ltd
TSX:CNQ

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Canadian Natural Resources Ltd
TSX:CNQ
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Price: 63.06 CAD 1.78% Market Closed
Market Cap: CA$131.3B

Relative Value

The Relative Value of one CNQ stock under the Base Case scenario is 48.83 CAD. Compared to the current market price of 63.06 CAD, Canadian Natural Resources Ltd is Overvalued by 23%.

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
48.83 CAD
Overvaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

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
131.5B CAD 3.4 19.8 7.8 14.5
CN
CNOOC Ltd
SSE:600938
1.1T CNY 2.7 9 5.3 5.3
US
Conocophillips
NYSE:COP
143B USD 2.4 17.9 7 14
US
EOG Resources Inc
NYSE:EOG
71.2B USD 3.1 14.2 6.4 10.4
PK
Oil and Gas Development Co Ltd
LSE:37OC
59.6B USD 43 103.8 81.3 99.6
US
Diamondback Energy Inc
NASDAQ:FANG
51.4B USD 3.4 31.1 6.5 13.3
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
AU
Woodside Energy Group Ltd
ASX:WDS
58.5B AUD 3.2 15.2 5.5 13.7
US
EQT Corp
NYSE:EQT
38.6B USD 4.5 19 7.5 13.1
US
Texas Pacific Land Corp
NYSE:TPL
35.9B USD 45 74.6 54.6 60.4
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

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