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Canadian Natural Resources Limited (NYSE: CNQ) – Is this large market cap stock undervalued?

Canadian Natural Resources Limited (NYSE: CNQ), is firmly in the large market cap category with market cap of 32148.03. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Canadian Natural Resources Limited is 29.58 (with a change from open of 0.03%), this in conjunction with a target price of 35.43. Volume today has so far reached 821506, with an average volume of about 2252.83. The GAP for this stock, is 1.27%.

The P/E ratio is , bringing the forward P/E to a value of 30.8. The current EPS for Canadian Natural Resources Limited, is -0.29, with a EPS growth for this year coming to a value of -116.30%. Performance has been interesting with performance year to date coming to 36.28%.

Looking further into the growth statistics for Canadian Natural Resources Limited, EPS is looking like it will grow 269.60% in the next year. Looking even further it is projected to be 76.19%. Quarter over quarter is 16.60% for EPS growth and for sales growth quarter over quarter it is -25.40%. Looking at past EPS growth statistics we see that for the past five years it has been -18.90%. Sales growth for the past five years has in fact been -0.80%.

Looking at the ownership, we see that the insider ownership is at 3.30% and institutional ownership is 66.60%. Shares outstanding is 1100.96, while shares float is at a value of 1076.34. Float short for Canadian Natural Resources Limited is 1.43% and the short ratio is 6.82.

In terms of debt, long term debt/equity is 0.57, while the total debt/equity comes to 0.66. The ability to meet these debts, means that the current ratio is 0.7, and the quick ratio is 0.6. The most recent gross margin is 39.70% and their operating margin is -10.30%. The profit margin is -4.00%.

Canadian Natural Resources Limited has seen returns on assets of -0.70%, and on investment, -1.40%. Return on equity is -1.60%. Price/Earnings to growth ratio is . Price/Sales ratio is at a value of 3.98, with Price/book ratio coming to 1.62 and Price/cash is 73.08, and finally Price/Free cash Flow is .

The simple moving averages are -4.72% and 11.93% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -9.66% and the 52 week low is 106.42%.

Canadian Natural Resources Limited has a dividend yield of 2.40%, with a current price of 29.58. The ability to pay this means the payout ratio is . This is in an industry, Independent Oil & Gas, with equally high dividends from other companies in this sector, which it is Basic Materials. Canadian Natural Resources Limited is based in Canada.

Performance in the Independent Oil & Gas industry means that Canadian Natural Resources Limited has seen performance for the past week of -4.10%, with performance for the month coming to -9.34%. Looking at the data for the quarter it is at a value of -0.09%, and for the half year the performance is 41.33%. Volatility for this week is 2.50% and for the month this is 2.09%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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