CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:CVE-PR-A • CA15135U3073
24.74 CAD
+0.04 (+0.16%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, CVE-PR-A scores 6 out of 10 in our fundamental rating. CVE-PR-A was compared to 216 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 is not valued too expensively and it also shows a decent 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
- The Return On Assets of CVE-PR-A (5.83%) is better than 87.50% 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 82.41% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 7.09%, CVE-PR-A belongs to the top of the industry, outperforming 85.65% of the companies in the same industry.
- 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 6.50%.
- 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 fine compared to the rest of the industry. CVE-PR-A outperforms 60.19% of its industry peers.
- CVE-PR-A's Profit Margin has declined in the last couple of years.
- CVE-PR-A has a Operating Margin (8.46%) which is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of CVE-PR-A has grown nicely.
- Looking at the Gross Margin, with a value of 33.16%, CVE-PR-A is in line with its industry, outperforming 53.70% of the companies in the same 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
- CVE-PR-A has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, CVE-PR-A has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.73 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 2.73, CVE-PR-A is doing good in the industry, outperforming 76.85% of the companies in the same industry.
- 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.
- CVE-PR-A's Debt to FCF ratio of 3.55 is amongst the best of the industry. CVE-PR-A outperforms 83.33% of its industry peers.
- 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's Debt to Equity ratio of 0.34 is in line compared to the rest of the industry. CVE-PR-A outperforms 58.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.73 |
ROIC/WACC0.95
WACC7.45%
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.
- With a decent Current ratio value of 1.73, CVE-PR-A is doing good in the industry, outperforming 76.85% 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 has a better Quick ratio (1.18) than 70.37% 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.
- CVE-PR-A shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.97% yearly.
- CVE-PR-A shows a decrease in Revenue. In the last year, the revenue decreased by -9.17%.
- 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 22.84% on average per year.
- CVE-PR-A is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.98% yearly.
EPS Next Y30.21%
EPS Next 2Y2.62%
EPS Next 3Y7.13%
EPS Next 5Y22.84%
Revenue Next Year-9.46%
Revenue Next 2Y-8.76%
Revenue Next 3Y-4.98%
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
- The Price/Earnings ratio is 14.47, which indicates a correct valuation of CVE-PR-A.
- 69.44% 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 rather cheaply when we compare the Price/Earnings ratio to 28.41, which is the current average of the S&P500 Index.
- CVE-PR-A is valuated correctly with a Price/Forward Earnings ratio of 14.32.
- Based on the Price/Forward Earnings ratio, CVE-PR-A is valued a bit cheaper than 67.13% of the companies in the same industry.
- CVE-PR-A is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.64, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.47 | ||
| Fwd PE | 14.32 |
4.2 Price Multiples
- CVE-PR-A's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CVE-PR-A is cheaper than 87.50% of the companies in the same industry.
- 68.98% 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 | 16.56 | ||
| EV/EBITDA | 5.89 |
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)0.48
PEG (5Y)0.43
EPS Next 2Y2.62%
EPS Next 3Y7.13%
5. Dividend
5.1 Amount
- CVE-PR-A has a Yearly Dividend Yield of 2.91%.
- CVE-PR-A's Dividend Yield is a higher than the industry average which is at 3.01.
- CVE-PR-A's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.91% |
5.2 History
- The dividend of CVE-PR-A is nicely growing with an annual growth rate of 31.72%!
- 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 2Y2.62%
EPS Next 3Y7.13%
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 14.47 and the Price/Book (PB) ratio is 1.65.
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%.