CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Fundamental Analysis & Valuation

TSX:CVE-PR-A • CA15135U3073

Current stock price

24.97 CAD
-0.16 (-0.64%)
Last:

This CVE-PR-A.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. CVE-PR-A.CA Profitability Analysis

1.1 Basic Checks

  • CVE-PR-A had positive earnings in the past year.
  • CVE-PR-A had a positive operating cash flow in the past year.
  • CVE-PR-A had positive earnings in each of the past 5 years.
  • In the past 5 years CVE-PR-A always reported a positive cash flow from operatings.
CVE-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFCVE-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B

1.2 Ratios

  • CVE-PR-A has a better Return On Assets (6.17%) than 88.04% of its industry peers.
  • With an excellent Return On Equity value of 12.38%, CVE-PR-A belongs to the best of the industry, outperforming 83.73% of the companies in the same industry.
  • CVE-PR-A has a better Return On Invested Capital (6.85%) than 87.56% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CVE-PR-A is in line with the industry average of 6.63%.
Industry RankSector Rank
ROA 6.17%
ROE 12.38%
ROIC 6.85%
ROA(3y)6.41%
ROA(5y)6.35%
ROE(3y)12.34%
ROE(5y)12.52%
ROIC(3y)8.35%
ROIC(5y)10.5%
CVE-PR-A.CA Yearly ROA, ROE, ROICCVE-PR-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • The Profit Margin of CVE-PR-A (7.88%) is better than 62.68% of its industry peers.
  • CVE-PR-A's Profit Margin has declined in the last couple of years.
  • CVE-PR-A's Operating Margin of 9.54% is in line compared to the rest of the industry. CVE-PR-A outperforms 58.37% of its industry peers.
  • In the last couple of years the Operating Margin of CVE-PR-A has declined.
  • The Gross Margin of CVE-PR-A (34.22%) is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of CVE-PR-A has declined.
Industry RankSector Rank
OM 9.54%
PM (TTM) 7.88%
GM 34.22%
OM growth 3Y-16.68%
OM growth 5YN/A
PM growth 3Y-6.34%
PM growth 5YN/A
GM growth 3Y-11.56%
GM growth 5Y-11%
CVE-PR-A.CA Yearly Profit, Operating, Gross MarginsCVE-PR-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. CVE-PR-A.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CVE-PR-A is still creating some value.
  • CVE-PR-A has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, CVE-PR-A has more shares outstanding
  • The debt/assets ratio for CVE-PR-A is higher compared to a year ago.
CVE-PR-A.CA Yearly Shares OutstandingCVE-PR-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
CVE-PR-A.CA Yearly Total Debt VS Total AssetsCVE-PR-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.2 Solvency

  • CVE-PR-A has an Altman-Z score of 2.26. This is not the best score and indicates that CVE-PR-A is in the grey zone with still only limited risk for bankruptcy at the moment.
  • CVE-PR-A has a Altman-Z score of 2.26. This is in the better half of the industry: CVE-PR-A outperforms 71.29% of its industry peers.
  • The Debt to FCF ratio of CVE-PR-A is 4.28, which is a neutral value as it means it would take CVE-PR-A, 4.28 years of fcf income to pay off all of its debts.
  • CVE-PR-A has a better Debt to FCF ratio (4.28) than 84.21% of its industry peers.
  • CVE-PR-A has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
  • CVE-PR-A has a Debt to Equity ratio (0.44) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF 4.28
Altman-Z 2.26
ROIC/WACC0.95
WACC7.22%
CVE-PR-A.CA Yearly LT Debt VS Equity VS FCFCVE-PR-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B

2.3 Liquidity

  • A Current Ratio of 1.57 indicates that CVE-PR-A should not have too much problems paying its short term obligations.
  • With a decent Current ratio value of 1.57, CVE-PR-A is doing good in the industry, outperforming 74.16% of the companies in the same industry.
  • A Quick Ratio of 1.04 indicates that CVE-PR-A should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.04, CVE-PR-A is doing good in the industry, outperforming 67.94% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.57
Quick Ratio 1.04
CVE-PR-A.CA Yearly Current Assets VS Current LiabilitesCVE-PR-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. CVE-PR-A.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 30.49% over the past year.
  • CVE-PR-A shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.45% yearly.
  • The Revenue has decreased by -8.44% in the past year.
  • CVE-PR-A shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 30.31% yearly.
EPS 1Y (TTM)30.49%
EPS 3Y-10.45%
EPS 5YN/A
EPS Q2Q%614.29%
Revenue 1Y (TTM)-8.44%
Revenue growth 3Y-9.43%
Revenue growth 5Y30.31%
Sales Q2Q%-15.06%

3.2 Future

  • CVE-PR-A is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.99% yearly.
  • Based on estimates for the next years, CVE-PR-A will show a decrease in Revenue. The Revenue will decrease by -5.92% on average per year.
EPS Next Y-54.6%
EPS Next 2Y-6.64%
EPS Next 3Y7.94%
EPS Next 5Y20.99%
Revenue Next Year-16.99%
Revenue Next 2Y-6.2%
Revenue Next 3Y-5.92%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
CVE-PR-A.CA Yearly Revenue VS EstimatesCVE-PR-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 20B 40B 60B
CVE-PR-A.CA Yearly EPS VS EstimatesCVE-PR-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 2 -2 4

More info and screens

Find the best growth stocksShow best growing peers

6

4. CVE-PR-A.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 11.67, the valuation of CVE-PR-A can be described as very reasonable.
  • 73.68% of the companies in the same industry are more expensive than CVE-PR-A, based on the Price/Earnings ratio.
  • CVE-PR-A is valuated cheaply when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 25.70 indicates a quite expensive 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 61.72% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of CVE-PR-A to the average of the S&P500 Index (23.83), we can say CVE-PR-A is valued inline with the index average.
Industry RankSector Rank
PE 11.67
Fwd PE 25.7
CVE-PR-A.CA Price Earnings VS Forward Price EarningsCVE-PR-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 89.00% of the companies in the same industry are more expensive than CVE-PR-A, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVE-PR-A indicates a rather cheap valuation: CVE-PR-A is cheaper than 80.86% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 14.14
EV/EBITDA 5.88
CVE-PR-A.CA Per share dataCVE-PR-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The decent profitability rating of CVE-PR-A may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.64%
EPS Next 3Y7.94%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. CVE-PR-A.CA Dividend Analysis

5.1 Amount

  • CVE-PR-A has a Yearly Dividend Yield of 2.56%.
  • CVE-PR-A's Dividend Yield is a higher than the industry average which is at 4.73.
  • Compared to an average S&P500 Dividend Yield of 1.91, CVE-PR-A pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.56%

5.2 History

  • The dividend of CVE-PR-A is nicely growing with an annual growth rate of 65.35%!
  • CVE-PR-A has been paying a dividend for at least 10 years, so it has a reliable track record.
  • As CVE-PR-A did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)65.35%
Div Incr Years0
Div Non Decr Years7
CVE-PR-A.CA Yearly Dividends per shareCVE-PR-A.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • CVE-PR-A pays out 36.70% of its income as dividend. This is a sustainable payout ratio.
  • CVE-PR-A's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.7%
EPS Next 2Y-6.64%
EPS Next 3Y7.94%
CVE-PR-A.CA Yearly Income VS Free CF VS DividendCVE-PR-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B
CVE-PR-A.CA Dividend Payout.CVE-PR-A.CA Dividend Payout, showing the Payout Ratio.CVE-PR-A.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

CVE-PR-A.CA Fundamentals: All Metrics, Ratios and Statistics

CENOVUS ENERGY INC - CVECN 2.404 PERP

TSX:CVE-PR-A (3/13/2026, 7:00:00 PM)

24.97

-0.16 (-0.64%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-19
Earnings (Next)05-06
Inst Owners55.94%
Inst Owner ChangeN/A
Ins Owners0.62%
Ins Owner ChangeN/A
Market Cap46.95B
Revenue(TTM)49.70B
Net Income(TTM)3.92B
Analysts78.18
Price Target27.31 (9.37%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.56%
Yearly Dividend0.78
Dividend Growth(5Y)65.35%
DP36.7%
Div Incr Years0
Div Non Decr Years7
Ex-Date03-13
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.1%
Min EPS beat(2)28.15%
Max EPS beat(2)40.05%
EPS beat(4)4
Avg EPS beat(4)67.87%
Min EPS beat(4)25.67%
Max EPS beat(4)177.6%
EPS beat(8)5
Avg EPS beat(8)23.22%
EPS beat(12)8
Avg EPS beat(12)16.31%
EPS beat(16)10
Avg EPS beat(16)8.98%
Revenue beat(2)0
Avg Revenue beat(2)-13.68%
Min Revenue beat(2)-22.39%
Max Revenue beat(2)-4.97%
Revenue beat(4)0
Avg Revenue beat(4)-9.24%
Min Revenue beat(4)-22.39%
Max Revenue beat(4)-4.15%
Revenue beat(8)2
Avg Revenue beat(8)-4.53%
Revenue beat(12)4
Avg Revenue beat(12)-3.39%
Revenue beat(16)8
Avg Revenue beat(16)2.77%
PT rev (1m)0%
PT rev (3m)-3.39%
EPS NQ rev (1m)-23.51%
EPS NQ rev (3m)-25.09%
EPS NY rev (1m)-20.84%
EPS NY rev (3m)-42.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)7.5%
Revenue NY rev (3m)-8.37%
Valuation
Industry RankSector Rank
PE 11.67
Fwd PE 25.7
P/S 0.94
P/FCF 14.14
P/OCF 5.71
P/B 1.48
P/tB 1.64
EV/EBITDA 5.88
EPS(TTM)2.14
EY8.57%
EPS(NY)0.97
Fwd EY3.89%
FCF(TTM)1.77
FCFY7.07%
OCF(TTM)4.38
OCFY17.53%
SpS26.43
BVpS16.82
TBVpS15.27
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.46
Profitability
Industry RankSector Rank
ROA 6.17%
ROE 12.38%
ROCE 8.3%
ROIC 6.85%
ROICexc 7.19%
ROICexgc 7.6%
OM 9.54%
PM (TTM) 7.88%
GM 34.22%
FCFM 6.68%
ROA(3y)6.41%
ROA(5y)6.35%
ROE(3y)12.34%
ROE(5y)12.52%
ROIC(3y)8.35%
ROIC(5y)10.5%
ROICexc(3y)8.81%
ROICexc(5y)11.28%
ROICexgc(3y)9.38%
ROICexgc(5y)12.09%
ROCE(3y)10.15%
ROCE(5y)12.76%
ROICexgc growth 3Y-30.32%
ROICexgc growth 5YN/A
ROICexc growth 3Y-29.98%
ROICexc growth 5YN/A
OM growth 3Y-16.68%
OM growth 5YN/A
PM growth 3Y-6.34%
PM growth 5YN/A
GM growth 3Y-11.56%
GM growth 5Y-11%
F-Score7
Asset Turnover0.78
Health
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF 4.28
Debt/EBITDA 1.39
Cap/Depr 94.51%
Cap/Sales 9.87%
Interest Coverage 250
Cash Conversion 82.83%
Profit Quality 84.81%
Current Ratio 1.57
Quick Ratio 1.04
Altman-Z 2.26
F-Score7
WACC7.22%
ROIC/WACC0.95
Cap/Depr(3y)96.67%
Cap/Depr(5y)82.56%
Cap/Sales(3y)9.12%
Cap/Sales(5y)7.68%
Profit Quality(3y)98.85%
Profit Quality(5y)204.67%
High Growth Momentum
Growth
EPS 1Y (TTM)30.49%
EPS 3Y-10.45%
EPS 5YN/A
EPS Q2Q%614.29%
EPS Next Y-54.6%
EPS Next 2Y-6.64%
EPS Next 3Y7.94%
EPS Next 5Y20.99%
Revenue 1Y (TTM)-8.44%
Revenue growth 3Y-9.43%
Revenue growth 5Y30.31%
Sales Q2Q%-15.06%
Revenue Next Year-16.99%
Revenue Next 2Y-6.2%
Revenue Next 3Y-5.92%
Revenue Next 5YN/A
EBIT growth 1Y-6.76%
EBIT growth 3Y-24.54%
EBIT growth 5YN/A
EBIT Next Year104.22%
EBIT Next 3Y32.47%
EBIT Next 5Y22.21%
FCF growth 1Y-21.3%
FCF growth 3Y-24.43%
FCF growth 5YN/A
OCF growth 1Y-10.9%
OCF growth 3Y-10.31%
OCF growth 5Y97.62%

CENOVUS ENERGY INC - CVECN 2.404 PERP / CVE-PR-A.CA Fundamental Analysis 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 6 / 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 11.67 and the Price/Book (PB) ratio is 1.48.


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 36.7%.