CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:CVE-PR-A - CA15135U3073
24.06 CAD
0 (0%)
Taking everything into account, CVE-PR-A scores 5 out of 10 in our fundamental rating. CVE-PR-A was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. CVE-PR-A has an average financial health and profitability rating. 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.
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's Return On Assets of 4.74% is fine compared to the rest of the industry. CVE-PR-A outperforms 76.67% of its industry peers.
CVE-PR-A has a Return On Equity of 9.01%. This is in the better half of the industry: CVE-PR-A outperforms 63.33% of its industry peers.
The Return On Invested Capital of CVE-PR-A (6.17%) is better than 76.67% of its industry peers.
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 6.85%.
The 3 year average ROIC (11.92%) for CVE-PR-A is well above the current ROIC(6.17%). The reason for the recent decline needs to be investigated.
| 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
With a Profit Margin value of 5.13%, CVE-PR-A perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
CVE-PR-A's Profit Margin has declined in the last couple of years.
The Operating Margin of CVE-PR-A (7.37%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CVE-PR-A has grown nicely.
With a Gross Margin value of 31.62%, CVE-PR-A perfoms like the industry average, outperforming 50.48% 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 | 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CVE-PR-A is creating some value.
CVE-PR-A has less 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.
2.2 Solvency
CVE-PR-A has an Altman-Z score of 2.47. 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.
The Altman-Z score of CVE-PR-A (2.47) is better than 72.38% of its industry peers.
CVE-PR-A has a debt to FCF ratio of 3.52. This is a good value and a sign of high solvency as CVE-PR-A would need 3.52 years to pay back of all of its debts.
CVE-PR-A has a better Debt to FCF ratio (3.52) than 84.76% 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.
The Debt to Equity ratio of CVE-PR-A (0.34) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.52 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.8
WACC7.7%
2.3 Liquidity
CVE-PR-A has a Current Ratio of 1.32. This is a normal value and indicates that CVE-PR-A is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.32, CVE-PR-A is doing good in the industry, outperforming 68.10% of the companies in the same industry.
A Quick Ratio of 0.78 indicates that CVE-PR-A may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.78, CVE-PR-A is in line with its industry, outperforming 58.10% of the companies in the same industry.
| 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.
CVE-PR-A shows a decrease in Revenue. In the last year, the revenue decreased by -7.82%.
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)-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
CVE-PR-A is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.27% yearly.
Based on estimates for the next years, CVE-PR-A will show a decrease in Revenue. The Revenue will decrease by -4.67% on average per year.
EPS Next Y-1.37%
EPS Next 2Y-2.47%
EPS Next 3Y13.54%
EPS Next 5Y23.27%
Revenue Next Year-8.75%
Revenue Next 2Y-6.1%
Revenue Next 3Y-4.67%
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
Based on the Price/Earnings ratio of 17.06, the valuation of CVE-PR-A can be described as rather expensive.
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 62.38% 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 27.34.
Based on the Price/Forward Earnings ratio of 15.42, 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.
When comparing the Price/Forward Earnings ratio of CVE-PR-A to the average of the S&P500 Index (22.86), we can say CVE-PR-A is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 15.42 |
4.2 Price Multiples
82.86% 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 66.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.45 | ||
| EV/EBITDA | 5.79 |
4.3 Compensation for Growth
The decent profitability rating of CVE-PR-A may justify a higher PE ratio.
A more expensive valuation may be justified as CVE-PR-A's earnings are expected to grow with 13.54% in the coming years.
PEG (NY)N/A
PEG (5Y)0.5
EPS Next 2Y-2.47%
EPS Next 3Y13.54%
5. Dividend
5.1 Amount
CVE-PR-A has a Yearly Dividend Yield of 2.68%.
CVE-PR-A's Dividend Yield is a higher than the industry average which is at 7.51.
CVE-PR-A's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
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 52.38% 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.
DP52.38%
EPS Next 2Y-2.47%
EPS Next 3Y13.54%
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (10/10/2025, 7:00:00 PM)
24.06
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners51.38%
Inst Owner ChangeN/A
Ins Owners0.67%
Ins Owner ChangeN/A
Market Cap43.00B
Analysts80
Price Target28.07 (16.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
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)-1.81%
PT rev (3m)-10.49%
EPS NQ rev (1m)13.75%
EPS NQ rev (3m)49.38%
EPS NY rev (1m)-2.8%
EPS NY rev (3m)-7.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 15.42 | ||
| P/S | 0.83 | ||
| P/FCF | 14.45 | ||
| P/OCF | 5.25 | ||
| P/B | 1.46 | ||
| P/tB | 1.62 | ||
| EV/EBITDA | 5.79 |
EPS(TTM)1.41
EY5.86%
EPS(NY)1.56
Fwd EY6.48%
FCF(TTM)1.66
FCFY6.92%
OCF(TTM)4.58
OCFY19.05%
SpS28.88
BVpS16.45
TBVpS14.81
PEG (NY)N/A
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
WACC7.7%
ROIC/WACC0.8
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 Y-1.37%
EPS Next 2Y-2.47%
EPS Next 3Y13.54%
EPS Next 5Y23.27%
Revenue 1Y (TTM)-7.82%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-17.24%
Revenue Next Year-8.75%
Revenue Next 2Y-6.1%
Revenue Next 3Y-4.67%
Revenue Next 5YN/A
EBIT growth 1Y-45.73%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year99.31%
EBIT Next 3Y27.11%
EBIT Next 5Y17.19%
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%