Intrinsic Value of S&P & Nasdaq Contact Us

Canadian Natural Resources Limited CNQ NYSE

NYSE • Energy • Oil & Gas Exploration & Production • CA • USD

SharesGrow Score
64/100
3/7 Pass
SharesGrow Intrinsic Value
$79.13
+73.3%
Analyst Price Target
$35.00
-23.3%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Canadian Natural Resources Limited (CNQ) trades at a trailing P/E of 12.4, forward P/E of 9.4. Trailing earnings yield is 8.03%, forward earnings yield 10.65%. PEG 0.15 (Peter Lynch undervalued ≤1.0). Graham Number is $49.89.

Criteria proven by this page:

  • VALUE (61/100, Pass) — P/E is below market average (12.4); PEG ≤ 1.0 — Peter Lynch undervalued (0.15); earnings yield beats bond yields (8.03%).
  • Forward P/E 9.4 (down from trailing 12.4) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 0.15 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
  • Trailing Earnings Yield 8.03% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income. Forward yield improves to 10.65% as earnings recover.
  • Analyst consensus target $35.00 (-23.3% downside) — analysts see meaningful downside risk at the current price level.

Overall SharesGrow Score: 64/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score
64/100
SG Score
View full scorecard →
VALUE
61/100
Price-to-Earnings & upside
Proven by this page
~
FUTURE
49/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
~
HEALTH
67/100
Debt-to-Equity & liquidity
→ Health
~
MOAT
48/100
→ Income
~
GROWTH
40/100
→ Income
INCOME
85/100
→ Income

Valuation Snapshot — CNQ

Valuation Multiples
P/E (TTM)12.4
Forward P/E9.4
PEG Ratio0.15
Forward PEG2.00
P/B Ratio3.04
P/S Ratio3.25
EV/EBITDA8.4
Per Share Data
EPS (TTM)$5.19
Forward EPS (Est.)$4.86
Book Value / Share$21.30
Revenue / Share$19.93
FCF / Share$3.99
Yields & Fair Value
Earnings Yield8.03%
Forward Earnings Yield10.65%
Dividend Yield3.69%
Graham Number$49.89
SharesGrow IV$79.13 (+73.3%)
Analyst Target$35.00 (-23.3%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 -225.4 3.35 1.75 4.14 1.65%
2017 22.1 -0.02 1.68 3.00 2.36%
2018 15.5 3.95 1.26 1.80 3.89%
2019 9.2 0.08 1.85 2.19 3.49%
2020 -82.9 0.77 1.42 2.06 5.40%
2021 8.2 0.00 1.71 1.92 2.72%
2022 7.8 0.16 2.24 1.72 5.77%
2023 11.5 -0.51 2.38 2.32 4.11%
2024 15.6 -0.67 2.41 2.67 4.66%
2025 9.0 0.11 2.19 2.51 5.01%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $-0.10 $11.1B $-204M -1.8%
2017 $1.02 $17.67B $2.4B 13.6%
2018 $1.06 $22.28B $2.59B 11.6%
2019 $2.27 $24.39B $5.42B 22.2%
2020 $-0.18 $17.49B $-435M -2.5%
2021 $3.24 $32.85B $7.66B 23.3%
2022 $4.82 $42.3B $10.94B 25.9%
2023 $3.74 $35.97B $8.23B 22.9%
2024 $2.85 $35.66B $6.11B 17.1%
2025 $5.16 $38.73B $10.81B 27.9%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $3.43 $3.05 – $3.81 $38.71B $37.32B – $39.84B 7
2027 $3.71 $2.99 – $4.31 $40.21B $37.62B – $43.97B 7
2028 $4.37 $3.56 – $6.01 $40.46B $37.12B – $44.9B 4
2029 $5.68 $5.07 – $6.49 $46.66B $42.81B – $51.78B 2
2030 $5.81 $5.18 – $6.64 $45.21B $41.48B – $50.17B 2
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message