CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:CVE-PR-A - CA15135U3073
24.05 CAD
+0.05 (+0.21%)
Overall CVE-PR-A gets a fundamental rating of 5 out of 10. We evaluated CVE-PR-A against 218 industry peers in the Oil, Gas & Consumable Fuels industry. CVE-PR-A has only an average score on both its financial health and profitability. CVE-PR-A is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CVE-PR-A was profitable.
In the past year CVE-PR-A had a positive cash flow from operations.
Of the past 5 years CVE-PR-A 4 years were profitable.
CVE-PR-A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CVE-PR-A has a Return On Assets of 4.74%. This is in the better half of the industry: CVE-PR-A outperforms 77.06% of its industry peers.
CVE-PR-A has a better Return On Equity (9.01%) than 64.22% of its industry peers.
CVE-PR-A has a Return On Invested Capital of 6.17%. This is in the better half of the industry: CVE-PR-A outperforms 76.61% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CVE-PR-A is above the industry average of 6.94%.
The last Return On Invested Capital (6.17%) 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 | 4.74% | ||
| ROE | 9.01% | ||
| ROIC | 6.17% |
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 has a Profit Margin of 5.13%. This is comparable to the rest of the industry: CVE-PR-A outperforms 55.05% of its industry peers.
In the last couple of years the Profit Margin of CVE-PR-A has declined.
With a Operating Margin value of 7.37%, CVE-PR-A perfoms like the industry average, outperforming 49.54% of the companies in the same industry.
CVE-PR-A's Operating Margin has improved in the last couple of years.
The Gross Margin of CVE-PR-A (31.62%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CVE-PR-A has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.37% | ||
| PM (TTM) | 5.13% | ||
| GM | 31.62% |
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.
The number of shares outstanding for CVE-PR-A has been reduced compared to 1 year ago.
CVE-PR-A has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CVE-PR-A is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.47 indicates that CVE-PR-A is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.47, CVE-PR-A is doing good in the industry, outperforming 74.77% of the companies in the same industry.
The Debt to FCF ratio of CVE-PR-A is 3.52, which is a good value as it means it would take CVE-PR-A, 3.52 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 3.52, CVE-PR-A belongs to the best of the industry, outperforming 82.57% 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.
CVE-PR-A has a Debt to Equity ratio of 0.34. This is comparable to the rest of the industry: CVE-PR-A outperforms 56.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.52 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.77
WACC8.02%
2.3 Liquidity
A Current Ratio of 1.32 indicates that CVE-PR-A should not have too much problems paying its short term obligations.
CVE-PR-A's Current ratio of 1.32 is fine compared to the rest of the industry. CVE-PR-A outperforms 68.81% of its industry peers.
CVE-PR-A has a Quick Ratio of 1.32. This is a bad value and indicates that CVE-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
CVE-PR-A's Quick ratio of 0.78 is in line compared to the rest of the industry. CVE-PR-A outperforms 58.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The earnings per share for CVE-PR-A have decreased strongly by -43.82% 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.
Looking at the last year, CVE-PR-A shows a decrease in Revenue. The Revenue has decreased by -7.82% in the last 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)-43.82%
EPS 3Y87.2%
EPS 5Y33.97%
EPS Q2Q%-15.09%
Revenue 1Y (TTM)-7.82%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-17.24%
3.2 Future
The Earnings Per Share is expected to grow by 23.27% on average over the next years. This is a very strong growth
CVE-PR-A is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.65% yearly.
EPS Next Y1.47%
EPS Next 2Y-1.08%
EPS Next 3Y15.87%
EPS Next 5Y23.27%
Revenue Next Year-10.98%
Revenue Next 2Y-8.25%
Revenue Next 3Y-5.65%
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
A Price/Earnings ratio of 17.06 indicates a rather expensive valuation of CVE-PR-A.
Based on the Price/Earnings ratio, CVE-PR-A is valued a bit cheaper than 62.39% of the companies in the same industry.
CVE-PR-A is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.99, the valuation of CVE-PR-A can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVE-PR-A is on the same level as its industry peers.
CVE-PR-A's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 14.99 |
4.2 Price Multiples
81.19% of the companies in the same industry are more expensive than CVE-PR-A, based on the Enterprise Value to EBITDA ratio.
66.51% of the companies in the same industry are more expensive than CVE-PR-A, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.54 | ||
| EV/EBITDA | 5.81 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CVE-PR-A has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CVE-PR-A's earnings are expected to grow with 15.87% in the coming years.
PEG (NY)11.63
PEG (5Y)0.5
EPS Next 2Y-1.08%
EPS Next 3Y15.87%
5. Dividend
5.1 Amount
CVE-PR-A has a Yearly Dividend Yield of 3.42%.
Compared to an average industry Dividend Yield of 6.49, CVE-PR-A pays a bit more dividend than its industry peers.
CVE-PR-A's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
5.2 History
The dividend of CVE-PR-A is nicely growing with an annual growth rate of 31.72%!
CVE-PR-A has paid a dividend for at least 10 years, which is 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
52.38% 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.
DP52.38%
EPS Next 2Y-1.08%
EPS Next 3Y15.87%
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (9/12/2025, 7:00:00 PM)
24.05
+0.05 (+0.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners52.31%
Inst Owner ChangeN/A
Ins Owners0.66%
Ins Owner ChangeN/A
Market Cap43.26B
Analysts80
Price Target28.07 (16.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
Yearly Dividend0.84
Dividend Growth(5Y)31.72%
DP52.38%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)101.63%
Min EPS beat(2)25.67%
Max EPS beat(2)177.6%
EPS beat(4)2
Avg EPS beat(4)31.19%
Min EPS beat(4)-72.97%
Max EPS beat(4)177.6%
EPS beat(8)4
Avg EPS beat(8)15.06%
EPS beat(12)6
Avg EPS beat(12)3.89%
EPS beat(16)8
Avg EPS beat(16)-6.48%
Revenue beat(2)0
Avg Revenue beat(2)-4.79%
Min Revenue beat(2)-5.43%
Max Revenue beat(2)-4.15%
Revenue beat(4)1
Avg Revenue beat(4)-4.06%
Min Revenue beat(4)-10.43%
Max Revenue beat(4)3.8%
Revenue beat(8)4
Avg Revenue beat(8)-0.2%
Revenue beat(12)6
Avg Revenue beat(12)3.13%
Revenue beat(16)10
Avg Revenue beat(16)5.12%
PT rev (1m)-9.08%
PT rev (3m)-18.2%
EPS NQ rev (1m)-2.42%
EPS NQ rev (3m)-30.25%
EPS NY rev (1m)-4.83%
EPS NY rev (3m)-4.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.48%
Revenue NY rev (1m)0.79%
Revenue NY rev (3m)-2.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 14.99 | ||
| P/S | 0.84 | ||
| P/FCF | 14.54 | ||
| P/OCF | 5.28 | ||
| P/B | 1.47 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 5.81 |
EPS(TTM)1.41
EY5.86%
EPS(NY)1.6
Fwd EY6.67%
FCF(TTM)1.65
FCFY6.88%
OCF(TTM)4.55
OCFY18.94%
SpS28.7
BVpS16.35
TBVpS14.72
PEG (NY)11.63
PEG (5Y)0.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.74% | ||
| ROE | 9.01% | ||
| ROCE | 7.82% | ||
| ROIC | 6.17% | ||
| ROICexc | 6.51% | ||
| ROICexgc | 6.95% | ||
| OM | 7.37% | ||
| PM (TTM) | 5.13% | ||
| GM | 31.62% | ||
| FCFM | 5.76% |
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
ROICexcg growth 3Y-0.51%
ROICexcg 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-Score4
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.52 | ||
| Debt/EBITDA | 1.14 | ||
| Cap/Depr | 105.59% | ||
| Cap/Sales | 10.11% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.66% | ||
| Profit Quality | 112.35% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 2.47 |
F-Score4
WACC8.02%
ROIC/WACC0.77
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)-43.82%
EPS 3Y87.2%
EPS 5Y33.97%
EPS Q2Q%-15.09%
EPS Next Y1.47%
EPS Next 2Y-1.08%
EPS Next 3Y15.87%
EPS Next 5Y23.27%
Revenue 1Y (TTM)-7.82%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-17.24%
Revenue Next Year-10.98%
Revenue Next 2Y-8.25%
Revenue Next 3Y-5.65%
Revenue Next 5YN/A
EBIT growth 1Y-45.73%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year96.04%
EBIT Next 3Y23.1%
EBIT Next 5Y17.42%
FCF growth 1Y-34.2%
FCF growth 3Y7.94%
FCF growth 5Y14.96%
OCF growth 1Y-6.52%
OCF growth 3Y15.98%
OCF growth 5Y22.96%