CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CVE-PR-A - CA15135U3073
24.4 CAD
0 (0%)
We assign a fundamental rating of 6 out of 10 to CVE-PR-A. CVE-PR-A was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. CVE-PR-A has an excellent profitability rating, but there are some minor concerns on its financial health. CVE-PR-A has a correct valuation and a medium growth rate.
1. Profitability
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 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 86.32% of its industry peers.
With an excellent Return On Equity value of 11.00%, CVE-PR-A belongs to the best of the industry, outperforming 81.60% of the companies in the same industry.
CVE-PR-A's Return On Invested Capital of 7.09% is amongst the best of the industry. CVE-PR-A outperforms 83.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CVE-PR-A is significantly above the industry average of 6.57%.
The 3 year average ROIC (11.92%) for CVE-PR-A is well above the current ROIC(7.09%). The reason for the recent decline needs to be investigated.
| 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
CVE-PR-A's Profit Margin of 6.17% is in line compared to the rest of the industry. CVE-PR-A outperforms 59.91% of its industry peers.
In the last couple of years the Profit Margin of CVE-PR-A has declined.
CVE-PR-A has a Operating Margin (8.46%) which is in line with its industry peers.
In the last couple of years the Operating Margin of CVE-PR-A has grown nicely.
CVE-PR-A's Gross Margin of 33.16% is in line compared to the rest of the industry. CVE-PR-A outperforms 53.77% of its industry peers.
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.
Compared to 1 year ago, CVE-PR-A has a worse debt to assets ratio.
2.2 Solvency
CVE-PR-A has an Altman-Z score of 2.72. 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.
With a decent Altman-Z score value of 2.72, CVE-PR-A is doing good in the industry, outperforming 78.30% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 3.55, CVE-PR-A belongs to the top of the industry, outperforming 83.49% 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.
With a Debt to Equity ratio value of 0.34, CVE-PR-A perfoms like the industry average, outperforming 56.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.72 |
ROIC/WACC0.96
WACC7.41%
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 75.47% 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.
The Quick ratio of CVE-PR-A (1.18) is better than 68.40% of its industry peers.
| 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.
The Earnings Per Share has been growing by 33.97% on average over the past years. This is a very strong growth
The Revenue has decreased by -9.17% in the past year.
CVE-PR-A shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.88% yearly.
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.
The Revenue is expected to decrease by -4.91% on average over the next years.
EPS Next Y27.31%
EPS Next 2Y1.31%
EPS Next 3Y11.15%
EPS Next 5Y26.68%
Revenue Next Year-9.83%
Revenue Next 2Y-8.59%
Revenue Next 3Y-4.91%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
With a Price/Earnings ratio of 14.27, CVE-PR-A is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of CVE-PR-A indicates a somewhat cheap valuation: CVE-PR-A is cheaper than 68.40% of the companies listed in the same industry.
CVE-PR-A's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.57.
The Price/Forward Earnings ratio is 14.50, which indicates a correct valuation of CVE-PR-A.
CVE-PR-A's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CVE-PR-A is cheaper than 63.68% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CVE-PR-A to the average of the S&P500 Index (24.04), we can say CVE-PR-A is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 14.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CVE-PR-A is valued cheaply inside the industry as 84.91% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVE-PR-A indicates a somewhat cheap valuation: CVE-PR-A is cheaper than 68.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.33 | ||
| EV/EBITDA | 5.82 |
4.3 Compensation for Growth
CVE-PR-A's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CVE-PR-A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.52
PEG (5Y)0.42
EPS Next 2Y1.31%
EPS Next 3Y11.15%
5. Dividend
5.1 Amount
CVE-PR-A has a Yearly Dividend Yield of 3.53%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.88, 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 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
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.
As CVE-PR-A did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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.
CVE-PR-A's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.02%
EPS Next 2Y1.31%
EPS Next 3Y11.15%
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (12/24/2025, 7:00:00 PM)
24.4
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners53.06%
Inst Owner ChangeN/A
Ins Owners0.63%
Ins Owner ChangeN/A
Market Cap46.12B
Revenue(TTM)50.56B
Net Income(TTM)3.12B
Analysts80
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
Yearly Dividend0.84
Dividend Growth(5Y)31.72%
DP45.02%
Div Incr Years0
Div Non Decr Years7
Ex-Date
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)2.22%
PT rev (3m)0.71%
EPS NQ rev (1m)-4.01%
EPS NQ rev (3m)32.44%
EPS NY rev (1m)18.89%
EPS NY rev (3m)25.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.93%
Revenue NY rev (1m)-1.1%
Revenue NY rev (3m)-1.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 14.5 | ||
| P/S | 0.91 | ||
| P/FCF | 16.33 | ||
| P/OCF | 5.88 | ||
| P/B | 1.63 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 5.82 |
EPS(TTM)1.71
EY7.01%
EPS(NY)1.68
Fwd EY6.9%
FCF(TTM)1.49
FCFY6.12%
OCF(TTM)4.15
OCFY17.02%
SpS26.75
BVpS15.01
TBVpS13.46
PEG (NY)0.52
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 | 2.72 |
F-Score5
WACC7.41%
ROIC/WACC0.96
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 Y27.31%
EPS Next 2Y1.31%
EPS Next 3Y11.15%
EPS Next 5Y26.68%
Revenue 1Y (TTM)-9.17%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-7.4%
Revenue Next Year-9.83%
Revenue Next 2Y-8.59%
Revenue Next 3Y-4.91%
Revenue Next 5YN/A
EBIT growth 1Y-20.33%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year101.69%
EBIT Next 3Y30.19%
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
Can you provide the ChartMill fundamental rating for CENOVUS ENERGY INC - CVECN 2.404 PERP?
ChartMill assigns a fundamental rating of 6 / 10 to CVE-PR-A.CA.
What is the valuation status of CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) 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.
What is the earnings growth outlook for CENOVUS ENERGY INC - CVECN 2.404 PERP?
The Earnings per Share (EPS) of CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) is expected to grow by 27.31% in the next year.
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%.