Stock Valuation / CNI
Is Canadian National Railway Company (CNI) Overvalued? Fair Value & 5-Year Target
Canadian National Railway Company trades at $118.91 (P/E 21.12). Our reference model estimates a fair value of $89.61 at its recent average P/E of 15.92.
| Current price | $118.91 |
|---|---|
| Current EPS | $5.63 |
| Current P/E | 21.12 |
| Average P/E | 15.92 |
| Fair value (at avg P/E) | $89.61 |
| Upside to fair value | -24.6% |
| Illustrative 5-yr target (25× P/E, 15% growth) | $283.10 |
What drives CNI's valuation
Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.
About Canadian National Railway Company
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States. The company provides rail services, which include equipment, customs brokerage, transloading and warehousing, business development, dimensional loads, and private railcar storage, less-than-truckload, and mexico services; intermodal services, such as temperature controlled multimodal, mobile transport trays, port partnerships, transloading and distribution, logistics parks, trucking, and supply chain services. It also offers connecting to rail, short lines, maps and network services. The company serves automotive,
Frequently asked questions
What is CNI's fair value?
At its recent average P/E of 15.92, Canadian National Railway Company (CNI) has a reference fair value of about $89.61, which is -24.6% versus the current price of $118.91.
Is Canadian National Railway Company (CNI) overvalued or undervalued?
Based on the average-P/E reference model, Canadian National Railway Company looks overvalued relative to fair value by roughly +24.6%. This is a model output, not investment advice — change the P/E and growth assumptions in the dashboard for your own view.
What is a 5-year price target for CNI?
Under an illustrative model of 25× P/E and 15% annual EPS growth, the implied 5-year target is $283.10. Adjust both inputs on the interactive page to match your assumptions.
Open the interactive CNI valuation dashboard →
Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.