NSCNorfolk Southern

$317.70+14% 1Y

Is the price fair?

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A demanding price: priced for +15% a year vs −0% a year delivered and at the top of its own P/E range.

2 to watch, 1 neutral
What the price assumes~+15% a year

Priced for ~15% a year FCF growth. The price already bakes in strong, sustained growth.

Vs its own P/E rangedearest in 41 quartersderived

Expensive vs its own history: P/E 27.1 vs a 17.0 median over 41 quarters (+60% vs median).

Vs sector (EV/EBIT)20.6×

Sector median 23.3× across 246 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Jun 30, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)middle of the market
FCF yieldbehind 79% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What NSC's price assumes

Norfolk Southern trades at 27.1× earnings against 27.1× for the median Railroads name, cheaper than its own group.

27.1

Trailing P/E · Railroads median 27.1 · cheaper than the typical name in its group

Price / sales
5.37

Price / sales · today's price, trailing year to Jun 30, 2026

Free cash flow yield
2.4%

Free cash flow yield · Railroads median 4.0%

Growth the price implies
+15%

Growth the price implies · The price pays for +15% free cash flow growth a year for a decade; the business has delivered −6.5% a year over the last three.

Details›
Price / booktoday's price, trailing year to Jun 30, 2026
4.15
EV / EBITtoday's price, trailing year to Jun 30, 2026
20.6
EV / salestoday's price, trailing year to Jun 30, 2026
6.61
Industrials median P/E440 names
26.5
Railroads median P/E9 names
27.1
Free cash flow, trailing twelve months
$1.63B
Market capitalisation
$67.4B
3-year revenue growth
−0.40%
3-year free cash flow growth
−6.5%
What the market has paid for these earnings: 41 quarters of its own multiple × $11.72 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$178.78
Its own P/E history, median$199.01
Its own P/E history, upper quartile$263.09
52-week range$275.78 – $352.99
Today$317.70

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.