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
-0.26 (-1.05%)
Taking everything into account, CVE-PR-A scores 6 out of 10 in our fundamental rating. CVE-PR-A was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. While CVE-PR-A has a great profitability rating, there are some minor concerns on its financial health. 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.
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 Return On Assets of 5.83%. This is amongst the best in the industry. CVE-PR-A outperforms 85.92% of its industry peers.
The Return On Equity of CVE-PR-A (11.00%) is better than 81.07% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.09%, CVE-PR-A belongs to the top of the industry, outperforming 83.01% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CVE-PR-A is significantly above the industry average of 6.55%.
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
CVE-PR-A has a Profit Margin (6.17%) which is comparable to the rest of the industry.
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.
With a Gross Margin value of 33.16%, CVE-PR-A perfoms like the industry average, outperforming 51.94% of the companies in the same industry.
In the last couple of years the Gross Margin of CVE-PR-A has declined.
| 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.
The number of shares outstanding for CVE-PR-A has been reduced compared to 1 year ago.
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
CVE-PR-A has an Altman-Z score of 2.73. 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's Altman-Z score of 2.73 is fine compared to the rest of the industry. CVE-PR-A outperforms 77.67% of its industry peers.
CVE-PR-A has a debt to FCF ratio of 3.55. This is a good value and a sign of high solvency as CVE-PR-A would need 3.55 years to pay back of all of its debts.
The Debt to FCF ratio of CVE-PR-A (3.55) is better than 83.50% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that CVE-PR-A is not too dependend on debt financing.
CVE-PR-A's Debt to Equity ratio of 0.34 is in line compared to the rest of the industry. CVE-PR-A outperforms 55.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.73 |
ROIC/WACC0.96
WACC7.37%
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.
Looking at the Current ratio, with a value of 1.73, CVE-PR-A is in the better half of the industry, outperforming 75.73% of the companies in the same industry.
A Quick Ratio of 1.18 indicates that CVE-PR-A should not have too much problems paying its short term obligations.
CVE-PR-A's Quick ratio of 1.18 is fine compared to the rest of the industry. CVE-PR-A outperforms 68.45% 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
Looking at the last year, CVE-PR-A shows a decrease in Revenue. The Revenue has decreased by -9.17% in the last 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.
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.27, the valuation of CVE-PR-A can be described as correct.
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 66.99% 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 26.22.
Based on the Price/Forward Earnings ratio of 14.50, the valuation of CVE-PR-A can be described as correct.
CVE-PR-A's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CVE-PR-A is cheaper than 61.65% of the companies in the same industry.
CVE-PR-A is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.58, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 14.5 |
4.2 Price Multiples
83.50% of the companies in the same industry are more expensive than CVE-PR-A, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CVE-PR-A is valued a bit cheaper than 67.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.33 | ||
| EV/EBITDA | 5.87 |
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)0.52
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 2.61%. Purely for dividend investing, there may be better candidates out there.
CVE-PR-A's Dividend Yield is a higher than the industry average which is at 2.87.
Compared to an average S&P500 Dividend Yield of 1.87, CVE-PR-A pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
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
CVE-PR-A pays out 45.02% of its income as dividend. 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 (12/17/2025, 7:00:00 PM)
24.4
-0.26 (-1.05%)
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 Target28.27 (15.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
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)-2.24%
PT rev (3m)0.71%
EPS NQ rev (1m)14.61%
EPS NQ rev (3m)27.15%
EPS NY rev (1m)18.89%
EPS NY rev (3m)25.47%
Revenue NQ rev (1m)-3.48%
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 | 5.87 |
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 | 2.73 |
F-Score5
WACC7.37%
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%.