CNOOC (SHSE:600938) Margin of Safety % (DCF FCF Based): N/A (As of Jul. 05, 2026)


SHSE:600938 CNOOC Ltd SHSE:600938
85 GF Score
Price ¥27.69
GF Value ¥25.65
Valuation Fairly Valued
! 1 Warning Sign
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What is CNOOC Margin of Safety % (DCF FCF Based)?

Margin of Safety % (DCF FCF Based) = (Intrinsic Value: DCF (FCF Based) - Current Price) / Intrinsic Value: DCF (FCF Based).

Note: Discounted FCF model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's Predictability Rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

As of today (2026-07-05), CNOOC's Predictability Rank is 2.5-Stars. CNOOC's intrinsic value calculated from the Discounted FCF model is ¥83.75 and current share price is ¥27.69. Consequently,

CNOOC's Margin of Safety % (DCF FCF Based) using Discounted FCF model is N/A.

SHSE:600938 vs COP, EOG, FANG: Margin of Safety % (DCF FCF Based) Comparison

For the Oil & Gas E&P subindustry, CNOOC's Margin of Safety % (DCF FCF Based), along with its competitors' market caps and Margin of Safety % (DCF FCF Based) 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.

CNOOC Margin of Safety % (DCF FCF Based) vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CNOOC's Margin of Safety % (DCF FCF Based) distribution charts can be found below:

* The bar in red indicates where CNOOC's Margin of Safety % (DCF FCF Based) falls into.


SHSE:600938
85GF Score
CNOOC Ltd SHSE:600938
Margin of Safety % (DCF FCF Based) is just one metric. See GF Score™, valuation, warning signs, and more.
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CNOOC Margin of Safety % (DCF FCF Based) Calculation

CNOOC's Margin of Safety % (DCF FCF Based) for today is calculated as

Margin of Safety % (DCF FCF Based)=(Intrinsic Value: DCF (FCF Based)-Current Price)/Intrinsic Value: DCF (FCF Based)
=(-33.11-27.69)/-33.11
=N/A

* 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.

The intrinsic value is calculated from the Discounted FCF model with default parameters. The calculation method is the same as Discounted Earnings model except free cash flow are used in the calculation instead of earnings per share.

Is CNOOC (SHSE:600938) Overvalued in 2026?

Based on GuruFocus' analysis, CNOOC stock appears to be overvalued. The current stock price of ¥27.69 is trading 8% above its estimated GF Value™ of ¥25.65. GuruFocus considers CNOOC to be Fairly Valued.

Key valuation signals for SHSE:600938:

  • Margin of Safety % (DCF FCF Based): N/A
  • GF Value™: ¥25.65 vs. price of ¥27.69 (8% above fair value)
  • GF Score™: 85/100 with 1 warning sign

No single metric tells the full story. See the SHSE:600938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CNOOC Business Description

Industry EnergyOil & Gas
Other Exchanges 00883:Hong Kong
Address 1 Garden Road, 65th Floor, Bank of China Tower, Hong Kong, HKG, 999077
CNOOC is China's main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Net production for 2025 reached 777.3 million barrels of oil equivalent (77.2% oil), and year-end proven reserves were 7.77 billion barrels of oil equivalent. Assets outside China make up around 30.9% of production.
85GF Score

Get the complete analysis for SHSE:600938

Margin of Safety % (DCF FCF Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥27.69
Price
¥25.65
GF Value