CANADIAN NATURAL RESOURCES (CNQ) Stock Fundamental Analysis
USA - NYSE:CNQ - CA1363851017 - Common Stock
33.33 USD
-0.24 (-0.71%)
33.3301 USD
0 (0%)
Overall CNQ gets a fundamental rating of 5 out of 10. We evaluated CNQ against 210 industry peers in the Oil, Gas & Consumable Fuels industry. CNQ has a medium profitability rating, but doesn't score so well on its financial health evaluation. CNQ is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CNQ had positive earnings in the past year.
In the past year CNQ had a positive cash flow from operations.
CNQ had positive earnings in 4 of the past 5 years.
In the past 5 years CNQ always reported a positive cash flow from operatings.
1.2 Ratios
CNQ's Return On Assets of 7.78% is fine compared to the rest of the industry. CNQ outperforms 78.57% of its industry peers.
The Return On Equity of CNQ (16.45%) is better than 78.57% of its industry peers.
CNQ's Return On Invested Capital of 10.43% is amongst the best of the industry. CNQ outperforms 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CNQ is significantly below the industry average of 21.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.78% | ||
| ROE | 16.45% | ||
| ROIC | 10.43% |
ROA(3y)10.79%
ROA(5y)8.36%
ROE(3y)21.6%
ROE(5y)16.84%
ROIC(3y)13.06%
ROIC(5y)N/A
1.3 Margins
CNQ has a better Profit Margin (17.23%) than 69.52% of its industry peers.
In the last couple of years the Profit Margin of CNQ has declined.
The Operating Margin of CNQ (26.62%) is better than 64.76% of its industry peers.
In the last couple of years the Operating Margin of CNQ has grown nicely.
Looking at the Gross Margin, with a value of 48.85%, CNQ is in line with its industry, outperforming 58.57% of the companies in the same industry.
CNQ's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.62% | ||
| PM (TTM) | 17.23% | ||
| GM | 48.85% |
OM growth 3Y-4.83%
OM growth 5Y2.21%
PM growth 3Y-12.43%
PM growth 5Y-6.28%
GM growth 3Y-3.13%
GM growth 5Y-1.06%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CNQ is still creating some value.
Compared to 1 year ago, CNQ has less shares outstanding
CNQ has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CNQ is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.61 indicates that CNQ is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.61, CNQ is doing good in the industry, outperforming 76.19% of the companies in the same industry.
CNQ has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CNQ (0.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.61 |
ROIC/WACC1.42
WACC7.33%
2.3 Liquidity
A Current Ratio of 0.86 indicates that CNQ may have some problems paying its short term obligations.
The Current ratio of CNQ (0.86) is worse than 61.90% of its industry peers.
A Quick Ratio of 0.53 indicates that CNQ may have some problems paying its short term obligations.
CNQ has a Quick ratio of 0.53. This is amonst the worse of the industry: CNQ underperforms 81.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The earnings per share for CNQ have decreased by -0.83% in the last year.
CNQ shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.79% yearly.
The Revenue has grown by 8.06% in the past year. This is quite good.
The Revenue has been growing by 9.29% on average over the past years. This is quite good.
EPS 1Y (TTM)-0.83%
EPS 3Y4.92%
EPS 5Y16.79%
EPS Q2Q%-9.89%
Revenue 1Y (TTM)8.06%
Revenue growth 3Y5.86%
Revenue growth 5Y9.29%
Sales Q2Q%9.55%
3.2 Future
The Earnings Per Share is expected to grow by 17.58% on average over the next years. This is quite good.
The Revenue is expected to grow by 1.31% on average over the next years.
EPS Next Y2.99%
EPS Next 2Y-4.08%
EPS Next 3Y8.68%
EPS Next 5Y17.58%
Revenue Next Year5.99%
Revenue Next 2Y1.01%
Revenue Next 3Y2.64%
Revenue Next 5Y1.31%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CNQ is valuated correctly with a Price/Earnings ratio of 12.72.
Compared to the rest of the industry, the Price/Earnings ratio of CNQ indicates a somewhat cheap valuation: CNQ is cheaper than 64.29% of the companies listed in the same industry.
CNQ's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.56.
The Price/Forward Earnings ratio is 14.66, which indicates a correct valuation of CNQ.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CNQ is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 34.62. CNQ is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.72 | ||
| Fwd PE | 14.66 |
4.2 Price Multiples
CNQ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CNQ is cheaper than 69.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.14 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CNQ does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of CNQ may justify a higher PE ratio.
PEG (NY)4.26
PEG (5Y)0.76
EPS Next 2Y-4.08%
EPS Next 3Y8.68%
5. Dividend
5.1 Amount
CNQ has a Yearly Dividend Yield of 5.15%, which is a nice return.
CNQ's Dividend Yield is a higher than the industry average which is at 5.86.
CNQ's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
5.2 History
The dividend of CNQ is nicely growing with an annual growth rate of 23.37%!
CNQ has been paying a dividend for at least 10 years, so it has a reliable track record.
CNQ has decreased its dividend recently.
Dividend Growth(5Y)23.37%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
71.45% of the earnings are spent on dividend by CNQ. This is not a sustainable payout ratio.
The dividend of CNQ is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP71.45%
EPS Next 2Y-4.08%
EPS Next 3Y8.68%
33.33
-0.24 (-0.71%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners75.7%
Inst Owner Change-4.53%
Ins Owners2.18%
Ins Owner ChangeN/A
Market Cap69.56B
Revenue(TTM)38.62B
Net Income(TTM)6.66B
Analysts75.2
Price Target38.53 (15.6%)
Short Float %0.56%
Short Ratio1.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
Yearly Dividend1.49
Dividend Growth(5Y)23.37%
DP71.45%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.15%
Min EPS beat(2)1.37%
Max EPS beat(2)12.93%
EPS beat(4)3
Avg EPS beat(4)5.69%
Min EPS beat(4)-0.9%
Max EPS beat(4)12.93%
EPS beat(8)6
Avg EPS beat(8)4.69%
EPS beat(12)8
Avg EPS beat(12)3.29%
EPS beat(16)12
Avg EPS beat(16)4.22%
Revenue beat(2)0
Avg Revenue beat(2)-1.46%
Min Revenue beat(2)-2.6%
Max Revenue beat(2)-0.33%
Revenue beat(4)2
Avg Revenue beat(4)0.9%
Min Revenue beat(4)-2.6%
Max Revenue beat(4)4.16%
Revenue beat(8)4
Avg Revenue beat(8)0.45%
Revenue beat(12)8
Avg Revenue beat(12)1.49%
Revenue beat(16)12
Avg Revenue beat(16)5.45%
PT rev (1m)0.18%
PT rev (3m)1.47%
EPS NQ rev (1m)-4.93%
EPS NQ rev (3m)-0.92%
EPS NY rev (1m)3.49%
EPS NY rev (3m)2.93%
Revenue NQ rev (1m)-1.97%
Revenue NQ rev (3m)0.53%
Revenue NY rev (1m)-1.09%
Revenue NY rev (3m)-1.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.72 | ||
| Fwd PE | 14.66 | ||
| P/S | 2.53 | ||
| P/FCF | N/A | ||
| P/OCF | 6.6 | ||
| P/B | 2.41 | ||
| P/tB | 2.41 | ||
| EV/EBITDA | 6.14 |
EPS(TTM)2.62
EY7.86%
EPS(NY)2.27
Fwd EY6.82%
FCF(TTM)-0.35
FCFYN/A
OCF(TTM)5.05
OCFY15.14%
SpS13.2
BVpS13.83
TBVpS13.83
PEG (NY)4.26
PEG (5Y)0.76
Graham Number28.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.78% | ||
| ROE | 16.45% | ||
| ROCE | 13.3% | ||
| ROIC | 10.43% | ||
| ROICexc | 10.44% | ||
| ROICexgc | 10.44% | ||
| OM | 26.62% | ||
| PM (TTM) | 17.23% | ||
| GM | 48.85% | ||
| FCFM | N/A |
ROA(3y)10.79%
ROA(5y)8.36%
ROE(3y)21.6%
ROE(5y)16.84%
ROIC(3y)13.06%
ROIC(5y)N/A
ROICexc(3y)13.27%
ROICexc(5y)N/A
ROICexgc(3y)13.27%
ROICexgc(5y)N/A
ROCE(3y)16.66%
ROCE(5y)N/A
ROICexgc growth 3Y-2.66%
ROICexgc growth 5Y10.27%
ROICexc growth 3Y-2.66%
ROICexc growth 5Y10.27%
OM growth 3Y-4.83%
OM growth 5Y2.21%
PM growth 3Y-12.43%
PM growth 5Y-6.28%
GM growth 3Y-3.13%
GM growth 5Y-1.06%
F-Score5
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.93 | ||
| Cap/Depr | 180.69% | ||
| Cap/Sales | 40.92% | ||
| Interest Coverage | 12.17 | ||
| Cash Conversion | 77.63% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 2.61 |
F-Score5
WACC7.33%
ROIC/WACC1.42
Cap/Depr(3y)121.37%
Cap/Depr(5y)96.99%
Cap/Sales(3y)22.2%
Cap/Sales(5y)19.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.83%
EPS 3Y4.92%
EPS 5Y16.79%
EPS Q2Q%-9.89%
EPS Next Y2.99%
EPS Next 2Y-4.08%
EPS Next 3Y8.68%
EPS Next 5Y17.58%
Revenue 1Y (TTM)8.06%
Revenue growth 3Y5.86%
Revenue growth 5Y9.29%
Sales Q2Q%9.55%
Revenue Next Year5.99%
Revenue Next 2Y1.01%
Revenue Next 3Y2.64%
Revenue Next 5Y1.31%
EBIT growth 1Y3.24%
EBIT growth 3Y0.75%
EBIT growth 5Y11.71%
EBIT Next Year114.69%
EBIT Next 3Y28.54%
EBIT Next 5Y18.38%
FCF growth 1Y-114.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y22.25%
OCF growth 3Y-2.58%
OCF growth 5Y8.68%
CANADIAN NATURAL RESOURCES / CNQ FAQ
Can you provide the ChartMill fundamental rating for CANADIAN NATURAL RESOURCES?
ChartMill assigns a fundamental rating of 5 / 10 to CNQ.
What is the valuation status for CNQ stock?
ChartMill assigns a valuation rating of 4 / 10 to CANADIAN NATURAL RESOURCES (CNQ). This can be considered as Fairly Valued.
What is the profitability of CNQ stock?
CANADIAN NATURAL RESOURCES (CNQ) has a profitability rating of 6 / 10.
Can you provide the financial health for CNQ stock?
The financial health rating of CANADIAN NATURAL RESOURCES (CNQ) is 3 / 10.
Can you provide the dividend sustainability for CNQ stock?
The dividend rating of CANADIAN NATURAL RESOURCES (CNQ) is 6 / 10 and the dividend payout ratio is 71.45%.