Canadian National Railway Co.
CNI
Market Cap$82.88B
Close$
Earnings Call Q4 2023
January 23, 2024 - AI Summary
CN's fourth quarter adjusted EPS was 4% lower than last year, but the operating ratio improved to 59.3%. Full-year adjusted EPS was down 2%, with an operating ratio of 60.8%.
Volumes are expected to improve in 2024, driven by a strengthening economy and CN's growth initiatives. The company forecasts mid-single-digit RTM growth for the year.
CN expects to achieve approximately 10% EPS growth in 2024 compared to 2023, supported by volume recovery and pricing above rail inflation.
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$68.70
46% downside
Current Fair Value
46% downsideOvervalued by 46% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $82.88 Billion |
|---|---|
| Enterprise Value | $96.04 Billion |
| Dividend Yield | $2.5705 (1.99%) |
| Earnings per Share | $5.32 |
| Beta | 0.93 |
| Outstanding Shares | 640,323,599 |
| Avg 30 Day Volume | 930,042 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 23.36 |
|---|---|
| PEG | -101.02 |
| Price to Sales | 6.7 |
| Price to Book Ratio | 5.79 |
| Enterprise Value to Revenue | 7.89 |
| Enterprise Value to EBIT | 19.87 |
| Enterprise Value to Net Income | 27 |
| Total Debt to Enterprise | 0.14 |
| Debt to Equity | 0.92 |
Revenue Sources
No data
ESG Score
No data
About Canadian National Railway Co.
CEO: Claude Mongeau