Canadian Pacific Kansas City Ltd (CP)

Railroads, Line-Haul Operating

Latest Price

$85.10

TTM P/E

Normalized P/E

Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $4.51

Book value / share: $51.11

Formula: √(22.5 × EPS × BVPS)

Graham Number

$72.02

15% downside

Norm. op. income: $3.3B (median of 7yr)

Tax rate: 22%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$6.79

92% downside

Base FCF: $2.2B (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$20.22

76% downside

EPS: $4.51

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$67.65

21% downside

62.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Tci Fund Management Ltd	45.33M	$3.92B	5.08%	-1.20M	2026-06-30
JPMorgan Chase & Co	26.37M	$2.29B	2.96%	+16.88M	2026-06-30
Vanguard Capital Management LLC	24.57M	$2.13B	2.76%	-101.1K	2026-06-30
FMR LLC	24.32M	$2.11B	2.73%	+4.16M	2026-06-30
FIL Ltd	21.22M	$1.84B	2.38%	+217.8K	2026-06-30
Invesco Ltd.	20.47M	$1.77B	2.30%	-1.81M	2026-06-30
Bank of Montreal	19.94M	$1.73B	2.24%	+142.5K	2026-06-30
Mackenzie Financial Corp	17.05M	$2.10B	1.91%	+1.42M	2026-06-30
Wcm Investment Management, LLC	15.28M	$1.33B	1.71%	-802.5K	2026-06-30
TD Asset Management Inc	14.59M	$1.26B	1.64%	-4.24M	2026-06-30