stock.name

Canadian National Railway Co.

CNI

Market Cap$84.38B
Close$

Compare Canadian National Railway

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Canadian National Railway Co.Canadian National Railway Co.23.82.08%24%7.30.9
marketMarket Avg49.61.28%30%6.11.1
Consumer DiscretionaryConsumer Discretionary Avg25.60.72%65%3.31.9

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.
The company plans to invest around $3.5 billion in capital expenditures in 2024, focusing on rolling stock renewal, track maintenance, and capacity expansions.
CN announced a 7% dividend increase for 2024, marking the 28th consecutive year of dividend increases since its IPO in 1995. A new share buyback program of up to 32 million shares was also approved.
While there are positive expectations for volume recovery, uncertainties remain due to economic and geopolitical volatility, as well as potential risks from weather conditions and labor issues.
$132.79

Current Fair Value

1.1% upside

Undervalued by 1.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$84.38 Billion
Enterprise Value$97.54 Billion
Dividend Yield$2.7307 (2.08%)
Earnings per Share$5.32
Beta0.9
Outstanding Shares641,982,078
Avg 30 Day Volume1,003,839

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio23.78
PEG-102.85
Price to Sales7.3
Price to Book Ratio5.97
Enterprise Value to Revenue8.01
Enterprise Value to EBIT20.18
Enterprise Value to Net Income27
Total Debt to Enterprise0.14
Debt to Equity0.92

Revenue Sources

No data

ESG Score

No data

About Canadian National Railway Co.

CEO: Claude Mongeau