How is CANADIAN PACIFIC KANSAS CITY LTD/CN (CP)'s fair value calculated?

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP)'s fair value is computed with several independent methods — a discounted cash flow (DCF) model, the Graham number, earnings power value (EPV), and valuation multiples (PE, EV/EBITDA, P/S, P/B) benchmarked against its industry — using data from SEC filings.

What is CANADIAN PACIFIC KANSAS CITY LTD/CN (CP)'s PE ratio versus its industry?

EvidInvest shows CANADIAN PACIFIC KANSAS CITY LTD/CN (CP)'s current and historical PE ratio alongside its sector and industry averages, so you can see whether the stock trades at a premium or discount to peers. Full breakdown at https://evidinvest.com/valuation/CP.

Fair value · CANADIAN PACIFIC KANSAS CITY LTD/CN (CP) · updated 2026-10-03 · from 40-F FY2025

CANADIAN PACIFIC KANSAS CITY LTD/CN trades at $85.94. We are not reading assumptions out of that price: financials are filed in CAD; our prices are in USD, so these methods need a conversion we do not yet publish.

Q: What is CANADIAN PACIFIC KANSAS CITY LTD/CN (CP)'s fair-value range?

EvidInvest does not publish a fair-value range for CANADIAN PACIFIC KANSAS CITY LTD/CN (CP). Financials are filed in CAD; our prices are in USD, so these methods need a conversion we do not yet publish. The filed statements, the filing citations and the growth history are all available at https://evidinvest.com/valuation/CP. Not investment advice.

Everything below is unaffected: the filed statements, the filing they came from, and CP’s growth history are all as reported.

Check another stock

The filing behind these numbers

CANADIAN PACIFIC KANSAS CITY LTD/CN

Revenue: CAD 15.1B
Diluted EPS: CAD 4.51
Free cash flow: CAD 2.2B; operating cash flow − capital expenditure
Diluted shares: 917.1M; weighted average

40-F FY2025 · fiscal year ended 2025-12-31 · filed 2026-02-26 · accession 0000016875-26-000008

Trailing-twelve-month EPS also uses the quarterly 6-Ks through Q2 FY2026 (filed 2026-07-30).

Open this filing on sec.gov

Valuation tool: build your own CP range

Fair Value Summary

Daily Price — CP

$85.94 +13.3% (1Y)

Your range0 of 7 methods

At least two methods need a usable value to draw a range with these inputs.

Range with preset inputs

No preset range for this company yet.

The two ranges are identical because every input sits on a preset.

We don’t tell you what CP is worth. Every tab OPENS on what today’s price implies for that method’s key assumption; you decide whether that assumption is reasonable — the growth matrix has CP’s filed history and the AI chat will reason it through with you — and the range you build is yours. Our presets are filed history and reference settings, never a recommendation.

Discounted cash flow

N/A

Financials are filed in CAD; our prices are in USD, so these methods need a conversion we do not yet publish.

Preset inputs — revenue-driven DCF from the latest filing

Implied by today’s price

Financials are filed in CAD; our prices are in USD, so these methods need a conversion we do not yet publish.

Not solvable from the price — Financials are filed in CAD; our prices are in USD, so these methods need a conversion we do not yet publish. Showing preset inputs.

This method has no key input to read out of the price. The others below do, and you set them yourself: the growth matrix shows what CP has actually filed, and the AI chat will reason it through with you.

Your inputs

Free cash flow grows at your stage-1 rate, then your stage-2 rate, then a terminal rate; everything is discounted at your WACC.

Stage-1 growth9.5%

Yearly free-cash-flow growth for the first stage. Starts below zero so a shrinking-cash-flow case — and the rate today’s price implies — can be set.

-20.0%60.0%

Stage-1 years5 yrs

How long stage-1 growth lasts.

1 yrs10 yrs

Stage-2 growth6.3%

Slower growth after stage 1, before the terminal phase.

-20.0%30.0%

Stage-2 years5 yrs

0 yrs10 yrs

Terminal growth2.5%

Growth forever after the two stages. Above ~3% is rarely justified.

0.0%5.0%

Discount rate (WACC)8.75%

The return you require. Default is the WACC EvidInvest computed for this company. Higher discount rate, lower value.

3.00%15.00%

Net debt ($M)Debt minus cash, from the balance sheet. Subtracted from enterprise value.

Starting FCF ($M)Latest free cash flow from the filing (operating cash flow minus capex).

Shares (M)Diluted shares, from the filing.

Year by year (two-stage model, $M)

PV explicit $21,937M · PV terminal $33,426M · EV $55,364M · equity $31,923M

Year	Stage	FCF	Present value
1	Stage 1	$2,417M	$2,222M
2	Stage 1	$2,646M	$2,238M
3	Stage 1	$2,898M	$2,253M
4	Stage 1	$3,173M	$2,269M
5	Stage 1	$3,474M	$2,284M
6	Stage 2	$3,693M	$2,233M
7	Stage 2	$3,926M	$2,182M
8	Stage 2	$4,173M	$2,133M
9	Stage 2	$4,436M	$2,085M
10	Stage 2	$4,716M	$2,038M

Inputs from the filing

Financials are filed in CAD; our prices are in USD, so these methods need a conversion we do not yet publish.

Free cash flow: CAD 2.4B; sum of the last four quarters
EBIT: CAD 5.6B; latest annual
Shares: 886.4M
Total debt: CAD 23.6B
Cash: CAD 184.0M
Net debt: CAD 23.4B; debt − cash

40-F FY2025 · period ended 2025-12-31 · filed 2026-02-26 · accession 0000016875-26-000008 · sec.gov

Prefer a blank slate with reverse DCF? Open the standalone DCF / reverse DCF for CP

Loading history...

Options positioning

Full options view: walls, IV term structure, smile →

0.43

Put/Call (OI)

call-heavy

0.52

Put/Call (volume)

22%

ATM IV ~30d

$95

Call wall

5k OI

$80

Put wall

1k OI

As of previous close (2026-10-02) · OPRA historical data · walls = largest open-interest strikes above/below spot · market-wide positioning

CANADIAN PACIFIC KANSAS CITY LTD/CN trades at $85.94. We are not reading assumptions out of that price: financials are filed in CAD; our prices are in USD, so these methods need a conversion we do not yet publish.

The filing behind these numbers

Valuation tool: build your own CP range

Daily Price — CP

Your range0 of 7 methods

Range with preset inputs

Your inputs

Year by year (two-stage model, $M)

Options positioning

More on CP

Compare with peers

Explore

Valuation tool: build your own CP range

Daily Price — CP

Your range0 of 7 methods

Range with preset inputs

Your inputs

Year by year (two-stage model, $M)

Options positioning

More on CP

Compare with peers

Explore