CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CVE-PR-A - CA15135U3073
24.75 CAD
+0.3 (+1.23%)
Taking everything into account, CVE-PR-A scores 6 out of 10 in our fundamental rating. CVE-PR-A was compared to 215 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
CVE-PR-A had positive earnings in the past year.
CVE-PR-A had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 5.83%, CVE-PR-A belongs to the top of the industry, outperforming 88.37% of the companies in the same industry.
With an excellent Return On Equity value of 11.00%, CVE-PR-A belongs to the best of the industry, outperforming 82.79% of the companies in the same industry.
With an excellent Return On Invested Capital value of 7.09%, CVE-PR-A belongs to the best of the industry, outperforming 83.26% 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 6.53%.
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 has a Profit Margin (6.17%) which is in line with its industry peers.
In the last couple of years the Profit Margin of CVE-PR-A has declined.
The Operating Margin of CVE-PR-A (8.46%) 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 52.09% 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
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
Compared to 1 year ago, CVE-PR-A has a worse debt to assets ratio.
2.2 Solvency
CVE-PR-A has an Altman-Z score of 2.72. 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 has a Altman-Z score of 2.72. This is in the better half of the industry: CVE-PR-A outperforms 78.14% 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.
With an excellent Debt to FCF ratio value of 3.55, CVE-PR-A belongs to the best of the industry, outperforming 84.65% of the companies in the same industry.
A Debt/Equity ratio of 0.34 indicates that CVE-PR-A is not too dependend on debt financing.
CVE-PR-A has a Debt to Equity ratio (0.34) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.72 |
ROIC/WACC0.95
WACC7.47%
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 76.74% 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 69.30% 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%.
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 -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 26.68% on average per year.
The Revenue is expected to decrease by -8.10% on average over the next years.
EPS Next Y11.84%
EPS Next 2Y-3.84%
EPS Next 3Y10.24%
EPS Next 5Y26.68%
Revenue Next Year-8%
Revenue Next 2Y-8.96%
Revenue Next 3Y-8.1%
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 14.47 indicates a correct valuation of CVE-PR-A.
67.91% of the companies in the same industry are more expensive than CVE-PR-A, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.11. CVE-PR-A is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 16.32, CVE-PR-A is valued correctly.
CVE-PR-A's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, CVE-PR-A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.47 | ||
| Fwd PE | 16.32 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CVE-PR-A is valued cheaper than 86.05% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CVE-PR-A is valued a bit cheaper than 66.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.57 | ||
| EV/EBITDA | 5.83 |
4.3 Compensation for Growth
CVE-PR-A's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CVE-PR-A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.22
PEG (5Y)0.43
EPS Next 2Y-3.84%
EPS Next 3Y10.24%
5. Dividend
5.1 Amount
CVE-PR-A has a Yearly Dividend Yield of 2.63%.
CVE-PR-A's Dividend Yield is a higher than the industry average which is at 5.88.
Compared to an average S&P500 Dividend Yield of 2.32, CVE-PR-A has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
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.
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.
The dividend of CVE-PR-A is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.02%
EPS Next 2Y-3.84%
EPS Next 3Y10.24%
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (12/1/2025, 7:00:00 PM)
24.75
+0.3 (+1.23%)
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 Cap46.79B
Revenue(TTM)50.56B
Net Income(TTM)3.12B
Analysts80.95
Price Target27.24 (10.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
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)-2.98%
PT rev (3m)-10.27%
EPS NQ rev (1m)18.45%
EPS NQ rev (3m)33.38%
EPS NY rev (1m)6.2%
EPS NY rev (3m)10.22%
Revenue NQ rev (1m)-3.48%
Revenue NQ rev (3m)4.36%
Revenue NY rev (1m)1.79%
Revenue NY rev (3m)4.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.47 | ||
| Fwd PE | 16.32 | ||
| P/S | 0.93 | ||
| P/FCF | 16.57 | ||
| P/OCF | 5.96 | ||
| P/B | 1.65 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | 5.83 |
EPS(TTM)1.71
EY6.91%
EPS(NY)1.52
Fwd EY6.13%
FCF(TTM)1.49
FCFY6.04%
OCF(TTM)4.15
OCFY16.78%
SpS26.75
BVpS15.01
TBVpS13.46
PEG (NY)1.22
PEG (5Y)0.43
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 | 2.72 |
F-Score5
WACC7.47%
ROIC/WACC0.95
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 Y11.84%
EPS Next 2Y-3.84%
EPS Next 3Y10.24%
EPS Next 5Y26.68%
Revenue 1Y (TTM)-9.17%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-7.4%
Revenue Next Year-8%
Revenue Next 2Y-8.96%
Revenue Next 3Y-8.1%
Revenue Next 5YN/A
EBIT growth 1Y-20.33%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year84.92%
EBIT Next 3Y26.67%
EBIT Next 5Y19.1%
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 11.84% 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 5 / 10 and the dividend payout ratio is 45.02%.