Added to YB: 2024-05-29
Pitch date: 2024-05-28
CP [bullish]
Canadian Pacific Kansas City Limited
+11.48%
current return
Author Info
Company Info
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico.
Market Cap
CAD 97.6B
Pitch Price
CAD 104.05
Price Target
69.00 (-41%)
Dividend
0.84%
EV/EBITDA
14.98
P/E
24.10
EV/Sales
8.06
Sector
Ground Transportation
Category
value
Canadian Pacific Kansas City Limited - $CP
CPKC: NA rail w/ Can-US-Mex line. Q: LSD rev grw, best-in-class OR. Debt 3.2x EBITDA post-KCS. V: Long-term certainty, near-term macro risk. M: Experienced team, TCI 6% stake, incentives aligned. D: High barriers, pricing power, KCS synergies. V&P: DCF $58, 25x P/E high, buy <$69. Risks: CA strikes, macro, chemicals transport (but best safety record), KCS integration. Score: 17/25.
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