TSX:CNRTransportation
Canadian National Railway (TSX:CNR) Stock Looks Fully Valued With Cash Flow Rich And Earnings Fair
Canadian National Railway stock has put up a solid 50.2% return over the past five years, yet current checks suggest investors are now paying a premium to the company’s own Discounted Cash Flow (DCF) based intrinsic value while market multiples look roughly in line with peers. That mix leaves Canadian National Railway looking neither clearly cheap nor obviously stretched on first pass.
A 50.2% gain over five years points to a company that has already rewarded patient shareholders, so fresh...