Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
102.69 (1y: +27%)
Market Cap 43.11 B P/E(ttm) 18.40
Enterprise Value 49.75 B P/B 4.03
CNI- NYSE (USA)
Canadian National Railway Co
  • Currently 3.5/5
Business Predictability Rank: 3.5-Star
Back Testing Results:
Average gain of all 3.5-Star stocks: 9.3% per year.
% of Stocks that are in still loss if held for 10yrs: 9%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$102.69
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.022
CNI's Cash to Debt is ranked lower than
77% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 0.49 vs. CNI: 0.022 )
CNI' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.02
Equity to Asset 0.404
CNI's Equity to Asset is ranked higher than
57% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 0.38 vs. CNI: 0.404 )
CNI' s 10-Year Equity to Asset Range
Min: 0.33   Max: 0.44
Current: 0.4
0.33
0.44
Interest Coverage 10.8
CNI's Interest Coverage is ranked higher than
53% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 12.85 vs. CNI: 10.8 )
CNI' s 10-Year Interest Coverage Range
Min: 4   Max: 11
Current: 10.8
4
11
F-Score: 6
Z-Score: 2.88
M-Score: -2.52
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry		 vs
history
Operating margin (%) 37.10
CNI's Operating margin (%) is ranked higher than
94% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 5.70 vs. CNI: 37.10 )
CNI' s 10-Year Operating margin (%) Range
Min: 24   Max: 39.3
Current: 37.1
24
39.3
Net-margin (%) 27
CNI's Net-margin (%) is ranked higher than
94% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 3.20 vs. CNI: 27 )
CNI' s 10-Year Net-margin (%) Range
Min: 13.1   Max: 27.3
Current: 27
13.1
27.3
ROE (%) 24.3
CNI's ROE (%) is ranked higher than
92% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 6.00 vs. CNI: 24.3 )
CNI' s 10-Year ROE (%) Range
Min: 9.6   Max: 24.3
Current: 24.3
9.6
24.3
ROA (%) 10.1
CNI's ROA (%) is ranked higher than
91% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 2.40 vs. CNI: 10.1 )
CNI' s 10-Year ROA (%) Range
Min: 3.7   Max: 10.1
Current: 10.1
3.7
10.1
ROC (Joel Greenblatt) (%) 15.00
CNI's ROC (Joel Greenblatt) (%) is ranked higher than
75% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 8.00 vs. CNI: 15.00 )
CNI' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 7.6   Max: 15
Current: 15
7.6
15
Revenue Growth (%) 11.3
CNI's Revenue Growth (%) is ranked higher than
87% of the 433 Companies
in the Global Railroads industry.

( Industry Median: -1.80 vs. CNI: 11.3 )
CNI' s 10-Year Revenue Growth (%) Range
Min: 1.6   Max: 14.7
Current: 11.3
1.6
14.7
EBITDA Growth (%) 13.2
CNI's EBITDA Growth (%) is ranked higher than
88% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 0.50 vs. CNI: 13.2 )
CNI' s 10-Year EBITDA Growth (%) Range
Min: 2.1   Max: 39.4
Current: 13.2
2.1
39.4
EPS Growth (%) 13.2
CNI's EPS Growth (%) is ranked higher than
85% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 2.10 vs. CNI: 13.2 )
CNI' s 10-Year EPS Growth (%) Range
Min: -0.6   Max: 29.8
Current: 13.2
-0.6
29.8
» CNI's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CNI Guru Trades in Q2 2012

Steven Cohen 63,461 sh (+703.91%)
Bill Gates 8,563,437 sh (unchged)
Pioneer Investments Sold Out
Jeremy Grantham 643,200 sh (-34.69%)
Ray Dalio 38,900 sh (-57.99%)
» More
Q3 2012

CNI Guru Trades in Q3 2012

Ken Fisher 259,750 sh (New)
Jeremy Grantham 750,800 sh (+16.73%)
Bill Gates 8,563,437 sh (unchged)
Signature Select Canadian Fund Sold Out
Steven Cohen 25,067 sh (-60.5%)
Ray Dalio 6,500 sh (-83.29%)
» More
Q4 2012

CNI Guru Trades in Q4 2012

Jim Simons 362,500 sh (New)
Steven Cohen 47,944 sh (+91.26%)
Jeremy Grantham 790,600 sh (unchged)
Bill Gates 8,563,437 sh (unchged)
Ray Dalio Sold Out
Ken Fisher 228,322 sh (-12.1%)
» More
Q1 2013

CNI Guru Trades in Q1 2013

Ray Dalio 31,900 sh (New)
Jim Simons 830,500 sh (+129.1%)
Ken Fisher 237,793 sh (+4.15%)
Bill Gates 8,563,437 sh (unchged)
Jeremy Grantham 692,300 sh (-12.43%)
Steven Cohen 15,778 sh (-67.09%)
» More
» Details

Insider Trades

Latest Guru Trades with CNI

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ray Dalio 2013-03-31 New Buy0.03%$91.01 - $102.87 $ 102.696%31900
Ray Dalio 2012-12-31 Sold Out 0.01%$84.84 - $92.33 $ 102.6916%0
Ken Fisher 2012-09-30 New Buy0.06%$83.93 - $94.12 $ 102.6916%259750
Ray Dalio 2012-09-30 Reduce -83.29%0.04%$83.93 - $94.12 $ 102.6916%6500
Ray Dalio 2012-06-30 Reduce -57.99%0.06%$76.79 - $86.49 $ 102.6926%38900
Ray Dalio 2012-03-31 Add 93.72%0.05%$75.03 - $81.02 $ 102.6943%92600
Ray Dalio 2011-12-31 Reduce -28.12%0.02%$64.89 - $80.2 $ 102.6936%47800
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 18.40
CNI's P/E(ttm) is ranked higher than
75% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 18.14 vs. CNI: 18.40 )
CNI' s 10-Year P/E(ttm) Range
Min: 9.64   Max: 29.97
Current: 18.4
9.64
29.97
P/B 4.03
CNI's P/B is ranked lower than
86% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 1.13 vs. CNI: 4.03 )
CNI' s 10-Year P/B Range
Min: 1.59   Max: 4.05
Current: 4.03
1.59
4.05
P/S 4.51
CNI's P/S is ranked lower than
89% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 0.61 vs. CNI: 4.51 )
CNI' s 10-Year P/S Range
Min: 1.99   Max: 4.94
Current: 4.51
1.99
4.94
PFCF 29.94
CNI's PFCF is ranked lower than
64% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 15.02 vs. CNI: 29.94 )
CNI' s 10-Year PFCF Range
Min: 9.67   Max: 44.12
Current: 29.94
9.67
44.12
EV-to-EBIT 13.64
CNI's EV-to-EBIT is ranked higher than
76% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 14.30 vs. CNI: 13.64 )
CNI' s 10-Year EV-to-EBIT Range
Min: 8.2   Max: 64.9
Current: 13.64
8.2
64.9
PEG 1.22
CNI's PEG is ranked higher than
91% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 1.30 vs. CNI: 1.22 )
CNI' s 10-Year PEG Range
Min: 0.27   Max: 3
Current: 1.22
0.27
3
Shiller P/E 21.3
CNI's Shiller P/E is ranked higher than
76% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 13.80 vs. CNI: 21.3 )
CNI' s 10-Year Shiller P/E Range
Min: 13.22   Max: 36.1
Current: 21.3
13.22
36.1

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.50
CNI's Dividend Yield is ranked higher than
60% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 2.02 vs. CNI: 1.50 )
CNI' s 10-Year Dividend Yield Range
Min: 0.52   Max: 2.17
Current: 1.5
0.52
2.17
Dividend Payout 0.3
CNI's Dividend Payout is ranked higher than
90% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 0.61 vs. CNI: 0.3 )
CNI' s 10-Year Dividend Payout Range
Min: 0.04   Max: 0.27
Current: 0.3
0.04
0.27
Dividend growth (3y) 13.5
CNI's Dividend growth (3y) is ranked higher than
95% of the 433 Companies
in the Global Railroads industry.

( Industry Median: -16.90 vs. CNI: 13.5 )
CNI' s 10-Year Dividend growth (3y) Range
Min: 7.4   Max: 52.3
Current: 13.5
7.4
52.3
Yield on cost (5-Year) 3.11
CNI's Yield on cost (5-Year) is ranked higher than
76% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 1.95 vs. CNI: 3.11 )
CNI' s 10-Year Yield on cost (5-Year) Range
Min: 1.08   Max: 4.5
Current: 3.11
1.08
4.5
Share Buyback Rate 1.9
CNI's Share Buyback Rate is ranked higher than
94% of the 433 Companies
in the Global Railroads industry.

( Industry Median: -0.60 vs. CNI: 1.9 )
CNI' s 10-Year Share Buyback Rate Range
Min: 3.9   Max: -0.1
Current: 1.9

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 63.1
CNI's Price/Net Current Asset Value is ranked higher than
95% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 8.00 vs. CNI: 63.1 )
CNI' s 10-Year Price/Net Current Asset Value Range
Min: 22.7   Max: 69.6
Current: 63.1
22.7
69.6
Price/Tangible Book 4.1
CNI's Price/Tangible Book is ranked higher than
92% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 1.45 vs. CNI: 4.1 )
CNI' s 10-Year Price/Tangible Book Range
Min: 2   Max: 3.8
Current: 4.1
2
3.8
Price/DCF (Projected) 1.8
CNI's Price/DCF (Projected) is ranked higher than
94% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 1.00 vs. CNI: 1.8 )
CNI' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 1.6
Current: 1.8
0.6
1.6
Price/Median PS Value 1.1
CNI's Price/Median PS Value is ranked higher than
90% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 0.80 vs. CNI: 1.1 )
CNI' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.1
Current: 1.1
0.6
1.1
Price/Peter Lynch Fair Value 1.3
CNI's Price/Peter Lynch Fair Value is ranked lower than
88% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 0.95 vs. CNI: 1.3 )
CNI' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.4   Max: 2.8
Current: 1.3
0.4
2.8
Price/Graham Number 1.7
CNI's Price/Graham Number is ranked higher than
89% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 1.00 vs. CNI: 1.7 )
CNI' s 10-Year Price/Graham Number Range
Min: 1.1   Max: 1.8
Current: 1.7
1.1
1.8
Earnings Yield (Greenblatt) 7.30
CNI's Earnings Yield (Greenblatt) is ranked higher than
85% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 7.10 vs. CNI: 7.30 )
CNI' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 12.3
Current: 7.3
1.5
12.3
Forward Rate of Return (Yacktman) 16.01
CNI's Forward Rate of Return (Yacktman) is ranked higher than
85% of the 433 Companies
in the Global Railroads industry.

( Industry Median: 3.78 vs. CNI: 16.01 )
CNI' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 8   Max: 68.6
Current: 16.01
8
68.6

Business Description

Canadian National Railway Company, together with its wholly-owned subsidiaries, is engaged in the rail and related transportation business. CN spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans and Mobile, Alabama, and the key cities of Toronto, Buffalo, Chicago, Detroit, Duluth, Minnesota/Superior, Wisconsin, Green Bay, Wisconsin, Minneapolis/St. Paul, Memphis, St. Louis, and Jackson, Mississippi, with connections to all points in North America. CN's freight revenues are derived from the movement of a diversified and balanced portfolio of goods, including petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal and automotive. The Company's rail operations in Canada are subject to economic regulation by the Canadian Transportation Agency under the Canada Transportation Act), and safety regulation by the federal Minister of Transport under the Railway Safety Act and certain other statutes. The Company's U.S. rail operations are subject to economic regulation by the U.S. Surface Transportation Board and safety regulation by the Federal Railroad Administration.
Company Website
Industry: Railroads
Compare:TRN, UNP, EJPRY, CSX, MTRJY
Traded in other countries:CNR.Canada, CY2.Germany

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial