CNQNEUTRAL

CNQ EV/EBITDA Analysis

6.5x

Updated 107h ago·SEC filings & market data

Key Takeaway

CNQ’s EV/EBITDA of 6.0x means its enterprise value—the total cost to buy the whole company, including debt—is six times its annual earnings before interest, taxes, depreciation, and amortization, a rough measure of cash profit.

Sector Performance

17th percentile

CNQ

6.5x

Sector Median

13.6x

Sector Avg

-62.3x

Prior Period

6.0x(Aug 2026)

↓ Declining

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Deep Analysis

That is far below the sector median of 13.5x, and CNQ sits at the 16th percentile among peers, meaning about 84% of sector companies are valued higher on this basis. The metric is decreasing over the last 8 quarters: year-over-year change is not available, but quarter-over-quarter it fell 19.0%, from 7.5x to 6.0x. A low and falling EV/EBITDA can indicate a cheaper entry point, but it can also signal that underlying earnings are weakening or that investors expect lower future cash flows. The combination of a below-median level and a downward trend suggests a higher-risk value scenario rather than a clear bargain. This supports the overall NEUTRAL verdict: the low valuation offers potential, while the persistent decline argues for caution, and the metric neither strongly contradicts nor confirms a bullish or bearish stance.

Frequently Asked Questions

What does the EV/EBITDA tell investors about CNQ?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are CNQ's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: FLNC (-22.5x), EVGO (-22.6x), LSPD (-26.9x), BRZE (-29.6x), RBLX (-31.4x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.