What is the intrinsic value of CNR.TO?

As of 2025-06-13, the Intrinsic Value of Canadian National Railway Co (CNR.TO) is 166.96 CAD. This CNR.TO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 142.73 CAD, the upside of Canadian National Railway Co is 17.00%.

The range of the Intrinsic Value is 109.87 - 317.66 CAD

Is CNR.TO undervalued or overvalued?

Based on its market price of 142.73 CAD and our intrinsic valuation, Canadian National Railway Co (CNR.TO) is undervalued by 17.00%.

	Range	Selected	Upside
a
DCF (Growth 5y)	109.87 - 317.66	166.96	17.0%
DCF (Growth 10y)	123.36 - 324.25	179.01	25.4%
DCF (EBITDA 5y)	156.56 - 183.65	169.66	18.9%
DCF (EBITDA 10y)	161.71 - 203.17	181.26	27.0%
Fair Value	35.85 - 35.85	35.85	-74.88%
P/E	143.10 - 183.68	153.24	7.4%
EV/EBITDA	136.18 - 154.67	144.07	0.9%
EPV	71.22 - 103.52	87.37	-38.8%
DDM - Stable	66.26 - 203.56	134.91	-5.5%
DDM - Multi	86.82 - 197.71	119.60	-16.2%