CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:CVE-PR-A - CA15135U3073
24.35 CAD
-0.4 (-1.62%)
CVE-PR-A gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. While CVE-PR-A belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CVE-PR-A has a decent growth rate and is not valued too expensively.
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's Return On Assets of 5.83% is amongst the best of the industry. CVE-PR-A outperforms 86.45% of its industry peers.
The Return On Equity of CVE-PR-A (11.00%) is better than 81.31% of its industry peers.
The Return On Invested Capital of CVE-PR-A (7.09%) is better than 78.04% 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 6.87%.
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's Profit Margin of 6.17% is in line compared to the rest of the industry. CVE-PR-A outperforms 55.14% of its industry peers.
CVE-PR-A's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 8.46%, CVE-PR-A is in line with its industry, outperforming 51.87% of the companies in the same industry.
CVE-PR-A's Operating Margin has improved in the last couple of years.
CVE-PR-A has a Gross Margin (33.16%) which is in line with its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CVE-PR-A is still 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 2.67 indicates that CVE-PR-A is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CVE-PR-A (2.67) is better than 75.23% of its industry peers.
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.
The Debt to FCF ratio of CVE-PR-A (3.55) is better than 84.58% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that CVE-PR-A is not too dependend on debt financing.
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 | 3.55 | ||
| Altman-Z | 2.67 |
ROIC/WACC0.98
WACC7.22%
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 75.23% 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 66.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
CVE-PR-A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.76%.
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
The Earnings Per Share is expected to grow by 23.27% on average over the next years. This is a very strong growth
Based on estimates for the next years, CVE-PR-A will show a small growth in Revenue. The Revenue will grow by 4.12% on average per year.
EPS Next Y-4.73%
EPS Next 2Y-18.17%
EPS Next 3Y-0.52%
EPS Next 5Y23.27%
Revenue Next Year-8.23%
Revenue Next 2Y-7.77%
Revenue Next 3Y4.12%
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
A Price/Earnings ratio of 14.24 indicates a correct valuation of CVE-PR-A.
65.89% of the companies in the same industry are more expensive than CVE-PR-A, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CVE-PR-A to the average of the S&P500 Index (25.89), we can say CVE-PR-A is valued slightly cheaper.
CVE-PR-A is valuated rather expensively with a Price/Forward Earnings ratio of 22.17.
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 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.24 | ||
| Fwd PE | 22.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CVE-PR-A indicates a rather cheap valuation: CVE-PR-A is cheaper than 85.05% of the companies listed in the same industry.
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 67.29% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.41 | ||
| EV/EBITDA | 5.62 |
4.3 Compensation for Growth
The decent profitability rating of CVE-PR-A may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.42
EPS Next 2Y-18.17%
EPS Next 3Y-0.52%
5. Dividend
5.1 Amount
CVE-PR-A has a Yearly Dividend Yield of 3.37%. 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 4.97.
Compared to an average S&P500 Dividend Yield of 2.36, CVE-PR-A pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
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.
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
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 2Y-18.17%
EPS Next 3Y-0.52%
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (11/14/2025, 7:00:00 PM)
24.35
-0.4 (-1.62%)
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 Cap43.52B
Revenue(TTM)50.56B
Net Income(TTM)3.12B
Analysts80.95
Price Target28.92 (18.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
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)3.02%
PT rev (3m)-6.08%
EPS NQ rev (1m)-8.44%
EPS NQ rev (3m)7.3%
EPS NY rev (1m)-3.41%
EPS NY rev (3m)-10.65%
Revenue NQ rev (1m)-3.58%
Revenue NQ rev (3m)8.13%
Revenue NY rev (1m)1.13%
Revenue NY rev (3m)4.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.24 | ||
| Fwd PE | 22.17 | ||
| P/S | 0.86 | ||
| P/FCF | 15.41 | ||
| P/OCF | 5.54 | ||
| P/B | 1.53 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 5.62 |
EPS(TTM)1.71
EY7.02%
EPS(NY)1.1
Fwd EY4.51%
FCF(TTM)1.58
FCFY6.49%
OCF(TTM)4.39
OCFY18.03%
SpS28.29
BVpS15.88
TBVpS14.24
PEG (NY)N/A
PEG (5Y)0.42
Graham Number24.71
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 | 2.67 |
F-Score5
WACC7.22%
ROIC/WACC0.98
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 Y-4.73%
EPS Next 2Y-18.17%
EPS Next 3Y-0.52%
EPS Next 5Y23.27%
Revenue 1Y (TTM)-9.17%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-7.4%
Revenue Next Year-8.23%
Revenue Next 2Y-7.77%
Revenue Next 3Y4.12%
Revenue Next 5YN/A
EBIT growth 1Y-20.33%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year78.46%
EBIT Next 3Y24.04%
EBIT Next 5Y18.87%
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 5 / 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 decline by -4.73% 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%.