CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CVE-PR-A - CA15135U3073
24.31 CAD
-0.19 (-0.78%)
Taking everything into account, CVE-PR-A scores 6 out of 10 in our fundamental rating. CVE-PR-A was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. CVE-PR-A scores excellent on profitability, but there are some minor concerns on its financial health. CVE-PR-A has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CVE-PR-A was profitable.
CVE-PR-A had a positive operating cash flow in the past year.
CVE-PR-A had positive earnings in 4 of the past 5 years.
CVE-PR-A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CVE-PR-A has a better Return On Assets (5.83%) than 86.92% of its industry peers.
Looking at the Return On Equity, with a value of 11.00%, CVE-PR-A belongs to the top of the industry, outperforming 81.78% of the companies in the same industry.
CVE-PR-A has a Return On Invested Capital of 7.09%. This is amongst the best in the industry. CVE-PR-A outperforms 85.05% of its industry peers.
CVE-PR-A had an Average Return On Invested Capital over the past 3 years of 11.92%. This is significantly above the industry average of 6.42%.
The last Return On Invested Capital (7.09%) for CVE-PR-A is well below the 3 year average (11.92%), which needs to be investigated, but indicates that CVE-PR-A had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.83% | ||
| ROE | 11% | ||
| ROIC | 7.09% |
ROA(3y)8.18%
ROA(5y)3.66%
ROE(3y)15.96%
ROE(5y)7.2%
ROIC(3y)11.92%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 6.17%, CVE-PR-A perfoms like the industry average, outperforming 59.35% of the companies in the same industry.
In the last couple of years the Profit Margin of CVE-PR-A has declined.
The Operating Margin of CVE-PR-A (8.46%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CVE-PR-A has grown nicely.
The Gross Margin of CVE-PR-A (33.16%) is comparable to the rest of the industry.
CVE-PR-A's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.46% | ||
| PM (TTM) | 6.17% | ||
| GM | 33.16% |
OM growth 3Y-3.42%
OM growth 5Y2.33%
PM growth 3Y68.65%
PM growth 5Y-12.05%
GM growth 3Y-13%
GM growth 5Y-11.02%
2. Health
2.1 Basic Checks
CVE-PR-A has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CVE-PR-A has less shares outstanding
The number of shares outstanding for CVE-PR-A has been increased compared to 5 years ago.
CVE-PR-A has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.71 indicates that CVE-PR-A is not a great score, but indicates only limited risk for bankruptcy at the moment.
CVE-PR-A has a better Altman-Z score (2.71) than 79.44% of its industry peers.
The Debt to FCF ratio of CVE-PR-A is 3.55, which is a good value as it means it would take CVE-PR-A, 3.55 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 3.55, CVE-PR-A belongs to the best of the industry, outperforming 83.18% of the companies in the same industry.
CVE-PR-A has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CVE-PR-A (0.34) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.71 |
ROIC/WACC0.98
WACC7.25%
2.3 Liquidity
A Current Ratio of 1.73 indicates that CVE-PR-A should not have too much problems paying its short term obligations.
CVE-PR-A has a Current ratio of 1.73. This is in the better half of the industry: CVE-PR-A outperforms 76.64% of its industry peers.
A Quick Ratio of 1.18 indicates that CVE-PR-A should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.18, CVE-PR-A is doing good in the industry, outperforming 69.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The earnings per share for CVE-PR-A have decreased strongly by -12.76% in the last year.
Measured over the past years, CVE-PR-A shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.97% on average per year.
The Revenue has decreased by -9.17% in the past year.
Measured over the past years, CVE-PR-A shows a very strong growth in Revenue. The Revenue has been growing by 21.88% on average per year.
EPS 1Y (TTM)-12.76%
EPS 3Y87.2%
EPS 5Y33.97%
EPS Q2Q%71.43%
Revenue 1Y (TTM)-9.17%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-7.4%
3.2 Future
Based on estimates for the next years, CVE-PR-A will show a very strong growth in Earnings Per Share. The EPS will grow by 26.68% on average per year.
Based on estimates for the next years, CVE-PR-A will show a decrease in Revenue. The Revenue will decrease by -4.98% on average per year.
EPS Next Y30.56%
EPS Next 2Y2.22%
EPS Next 3Y10.25%
EPS Next 5Y26.68%
Revenue Next Year-9.46%
Revenue Next 2Y-8.76%
Revenue Next 3Y-4.98%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.22 indicates a correct valuation of CVE-PR-A.
CVE-PR-A's Price/Earnings ratio is a bit cheaper when compared to the industry. CVE-PR-A is cheaper than 66.36% of the companies in the same industry.
CVE-PR-A is valuated rather cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 14.19, which indicates a correct valuation of CVE-PR-A.
Based on the Price/Forward Earnings ratio, CVE-PR-A is valued a bit cheaper than the industry average as 62.62% of the companies are valued more expensively.
CVE-PR-A is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.22 | ||
| Fwd PE | 14.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CVE-PR-A is valued cheaply inside the industry as 85.05% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CVE-PR-A is valued a bit cheaper than the industry average as 66.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.27 | ||
| EV/EBITDA | 5.8 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CVE-PR-A may justify a higher PE ratio.
PEG (NY)0.47
PEG (5Y)0.42
EPS Next 2Y2.22%
EPS Next 3Y10.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.45%, CVE-PR-A has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.73, CVE-PR-A pays a bit more dividend than its industry peers.
CVE-PR-A's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
On average, the dividend of CVE-PR-A grows each year by 31.72%, which is quite nice.
CVE-PR-A has been paying a dividend for at least 10 years, so it has a reliable track record.
CVE-PR-A has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)31.72%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
45.02% of the earnings are spent on dividend by CVE-PR-A. This is a bit on the high side, but may be sustainable.
The dividend of CVE-PR-A is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.02%
EPS Next 2Y2.22%
EPS Next 3Y10.25%
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (1/7/2026, 7:00:00 PM)
24.31
-0.19 (-0.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners53.35%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap45.95B
Revenue(TTM)50.56B
Net Income(TTM)3.12B
Analysts80
Price Target28.27 (16.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend0.84
Dividend Growth(5Y)31.72%
DP45.02%
Div Incr Years0
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)108.83%
Min EPS beat(2)40.05%
Max EPS beat(2)177.6%
EPS beat(4)3
Avg EPS beat(4)42.59%
Min EPS beat(4)-72.97%
Max EPS beat(4)177.6%
EPS beat(8)4
Avg EPS beat(8)19.19%
EPS beat(12)7
Avg EPS beat(12)10.58%
EPS beat(16)9
Avg EPS beat(16)-1.72%
Revenue beat(2)0
Avg Revenue beat(2)-4.56%
Min Revenue beat(2)-4.97%
Max Revenue beat(2)-4.15%
Revenue beat(4)0
Avg Revenue beat(4)-6.25%
Min Revenue beat(4)-10.43%
Max Revenue beat(4)-4.15%
Revenue beat(8)3
Avg Revenue beat(8)-1.58%
Revenue beat(12)5
Avg Revenue beat(12)-0.2%
Revenue beat(16)9
Avg Revenue beat(16)4.49%
PT rev (1m)3.8%
PT rev (3m)0.71%
EPS NQ rev (1m)4.9%
EPS NQ rev (3m)10.08%
EPS NY rev (1m)2.56%
EPS NY rev (3m)32.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.93%
Revenue NY rev (1m)0.41%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.22 | ||
| Fwd PE | 14.19 | ||
| P/S | 0.91 | ||
| P/FCF | 16.27 | ||
| P/OCF | 5.85 | ||
| P/B | 1.62 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 5.8 |
EPS(TTM)1.71
EY7.03%
EPS(NY)1.71
Fwd EY7.05%
FCF(TTM)1.49
FCFY6.15%
OCF(TTM)4.15
OCFY17.08%
SpS26.75
BVpS15.01
TBVpS13.46
PEG (NY)0.47
PEG (5Y)0.42
Graham Number24.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.83% | ||
| ROE | 11% | ||
| ROCE | 8.93% | ||
| ROIC | 7.09% | ||
| ROICexc | 7.38% | ||
| ROICexgc | 7.88% | ||
| OM | 8.46% | ||
| PM (TTM) | 6.17% | ||
| GM | 33.16% | ||
| FCFM | 5.59% |
ROA(3y)8.18%
ROA(5y)3.66%
ROE(3y)15.96%
ROE(5y)7.2%
ROIC(3y)11.92%
ROIC(5y)N/A
ROICexc(3y)12.89%
ROICexc(5y)N/A
ROICexgc(3y)13.8%
ROICexgc(5y)N/A
ROCE(3y)15.07%
ROCE(5y)N/A
ROICexgc growth 3Y-0.51%
ROICexgc growth 5Y16.37%
ROICexc growth 3Y0.11%
ROICexc growth 5Y16.58%
OM growth 3Y-3.42%
OM growth 5Y2.33%
PM growth 3Y68.65%
PM growth 5Y-12.05%
GM growth 3Y-13%
GM growth 5Y-11.02%
F-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.55 | ||
| Debt/EBITDA | 1.04 | ||
| Cap/Depr | 99.6% | ||
| Cap/Sales | 9.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.18% | ||
| Profit Quality | 90.48% | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 2.71 |
F-Score5
WACC7.25%
ROIC/WACC0.98
Cap/Depr(3y)91.58%
Cap/Depr(5y)68.62%
Cap/Sales(3y)7.67%
Cap/Sales(5y)7.01%
Profit Quality(3y)110.56%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.76%
EPS 3Y87.2%
EPS 5Y33.97%
EPS Q2Q%71.43%
EPS Next Y30.56%
EPS Next 2Y2.22%
EPS Next 3Y10.25%
EPS Next 5Y26.68%
Revenue 1Y (TTM)-9.17%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-7.4%
Revenue Next Year-9.46%
Revenue Next 2Y-8.76%
Revenue Next 3Y-4.98%
Revenue Next 5YN/A
EBIT growth 1Y-20.33%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year102.61%
EBIT Next 3Y32.13%
EBIT Next 5Y21.02%
FCF growth 1Y-6.18%
FCF growth 3Y7.94%
FCF growth 5Y14.96%
OCF growth 1Y5.9%
OCF growth 3Y15.98%
OCF growth 5Y22.96%
CENOVUS ENERGY INC - CVECN 2.404 PERP / CVE-PR-A.CA FAQ
What is the ChartMill fundamental rating of CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to CVE-PR-A.CA.
What is the valuation status for CVE-PR-A stock?
ChartMill assigns a valuation rating of 6 / 10 to CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA). This can be considered as Fairly Valued.
What is the profitability of CVE-PR-A stock?
CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for CVE-PR-A stock?
The Price/Earnings (PE) ratio for CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) is 14.22 and the Price/Book (PB) ratio is 1.62.
Is the dividend of CENOVUS ENERGY INC - CVECN 2.404 PERP sustainable?
The dividend rating of CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) is 6 / 10 and the dividend payout ratio is 45.02%.