The historical rank and industry rank for Canadian National Railway Co's EV-to-FCF or its related term are showing as below:
FRA:CY2'
s EV-to-FCF Range Over the Past 10 Years
Min: 25.82 Med: 33.45 Max: 51.03
Current: 35.43
During the past 13 years, the highest EV-to-FCF of Canadian National Railway Co was 51.03. The lowest was 25.82. And the median was 33.45.
FRA:CY2's EV-to-FCF is ranked worse than 79.79% of 673
companies
in the Transportation industry
Industry Median: 14.4
vs FRA:CY2: 35.43
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Canadian National Railway Co (FRA:CY2) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Canadian National Railway Co's PE Ratio (TTM) for today is calculated as:
Canadian National Railway Co's share price for today is €106.15.
Canadian National Railway Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.749.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Canadian National Railway Co EV-to-FCF Related Terms
Canadian National Railway Co EV-to-FCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Railroads subindustry, Canadian National Railway Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canadian National Railway Co EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, Canadian National Railway Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Canadian National Railway Co's EV-to-FCF falls into.
Canadian National Railway Co's current Enterprise Value is €78,267 Mil.
Canadian National Railway Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,232 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canadian National Railway Co (FRA:CY2) has a EV-to-FCF of 35.06 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Canadian National Railway Co and its competitors. This is near median its historical median of 33.45. Over the past decade, Canadian National Railway Co's EV-to-FCF has ranged from 25.82 to 51.03. According to the industry distribution chart, Canadian National Railway Co ranks #537 out of 673 companies in the Transportation industry, placing it in the top 79.8%.
Is Canadian National Railway Co's EV-to-FCF too high?
Canadian National Railway Co's current EV-to-FCF of 35.06 is near median its 10-year median of 33.45. Over the past 10 years, this metric has ranged from a low of 25.82 to a high of 51.03. The Transportation industry median EV-to-FCF is 14.40. Canadian National Railway Co's value of 35.06 is 143.5% above this industry median. Based on the distribution chart, Canadian National Railway Co ranks #537 out of 673 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Canadian National Railway Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian National Railway Co's EV-to-FCF compare to UNP and CSX?
According to the Transportation industry distribution chart, Canadian National Railway Co ranks #537 out of 673 companies for EV-to-FCF. This places Canadian National Railway Co in the lower half of its industry. The industry median EV-to-FCF is 14.40. Canadian National Railway Co's value of 35.06 is 143.5% above this benchmark. Historically, Canadian National Railway Co's own EV-to-FCF has ranged from 25.82 to 51.03 over the past decade. While the company's 10-year median is 33.45 vs. the industry median of 14.40, Canadian National Railway Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Transportation company?
The median EV-to-FCF among Transportation companies is 14.40, based on 673 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian National Railway Co's current EV-to-FCF of 35.06 is 143.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Canadian National Railway Co and its competitors. For the Transportation industry, the median EV-to-FCF is 14.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian National Railway Co's current EV-to-FCF is 35.06, which is near median its own 10-year median of 33.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian National Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Canadian National Railway Co (FRA:CY2) is currently considered Fairly Valued. The stock's GF Value™ is €99.08, compared to a current price of €106.15 — trading 7.1% above its estimated fair value. The current EV-to-FCF is 35.06, which is near median its 10-year median of 33.45 and 143.5% above the Transportation industry median of 14.40. Canadian National Railway Co's overall GF Score™ is 90/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Canadian National Railway Co (FRA:CY2), the current EV-to-FCF is 35.06 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canadian National Railway Co (FRA:CY2) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian National Railway Co stock appears to be overvalued.
The current stock price of €106.15 is trading 7.1% above its estimated GF Value™ of €99.08.
GuruFocus considers Canadian National Railway Co to be Fairly Valued.
Key valuation signals for FRA:CY2:
EV-to-FCF: 35.06 (near median its 10-year median of 33.45)
GF Value™: €99.08 vs. price of €106.15 (7.1% above fair value)
Industry Position: 143.5% above the Transportation median (#537 of 673)
No single metric tells the full story. See the FRA:CY2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (23%), forest products (10%), metals and minerals (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
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