CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) Stock Fundamental Analysis
TSX:CVE-PR-G - Toronto Stock Exchange - CA15135U8858 - Currency: CAD
Overall CVE-PR-G gets a fundamental rating of 6 out of 10. We evaluated CVE-PR-G against 219 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of CVE-PR-G get a neutral evaluation. Nothing too spectacular is happening here. CVE-PR-G has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CVE-PR-G was profitable.
In the past year CVE-PR-G had a positive cash flow from operations.
CVE-PR-G had positive earnings in 4 of the past 5 years.
CVE-PR-G had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CVE-PR-G's Return On Assets of 5.49% is amongst the best of the industry. CVE-PR-G outperforms 82.35% of its industry peers.
Looking at the Return On Equity, with a value of 10.44%, CVE-PR-G belongs to the top of the industry, outperforming 80.54% of the companies in the same industry.
With an excellent Return On Invested Capital value of 8.18%, CVE-PR-G belongs to the best of the industry, outperforming 84.16% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CVE-PR-G is above the industry average of 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 10.44% | ||
| ROIC | 8.18% |
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
Looking at the Profit Margin, with a value of 5.72%, CVE-PR-G is in line with its industry, outperforming 56.56% of the companies in the same industry.
CVE-PR-G's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 9.37%, CVE-PR-G is in line with its industry, outperforming 53.39% of the companies in the same industry.
In the last couple of years the Operating Margin of CVE-PR-G has grown nicely.
CVE-PR-G has a Gross Margin (32.49%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CVE-PR-G has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.37% | ||
| PM (TTM) | 5.72% | ||
| GM | 32.49% |
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-G 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-G has less shares outstanding
Compared to 5 years ago, CVE-PR-G has more shares outstanding
Compared to 1 year ago, CVE-PR-G has a worse debt to assets ratio.
2.2 Solvency
CVE-PR-G has an Altman-Z score of 2.61. This is not the best score and indicates that CVE-PR-G is in the grey zone with still only limited risk for bankruptcy at the moment.
CVE-PR-G's Altman-Z score of 2.61 is fine compared to the rest of the industry. CVE-PR-G outperforms 79.64% of its industry peers.
The Debt to FCF ratio of CVE-PR-G is 2.52, which is a good value as it means it would take CVE-PR-G, 2.52 years of fcf income to pay off all of its debts.
CVE-PR-G's Debt to FCF ratio of 2.52 is amongst the best of the industry. CVE-PR-G outperforms 83.71% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that CVE-PR-G is not too dependend on debt financing.
CVE-PR-G has a Debt to Equity ratio (0.34) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.52 | ||
| Altman-Z | 2.61 |
ROIC/WACC1.14
WACC7.2%
2.3 Liquidity
A Current Ratio of 1.42 indicates that CVE-PR-G should not have too much problems paying its short term obligations.
CVE-PR-G has a Current ratio of 1.42. This is in the better half of the industry: CVE-PR-G outperforms 71.95% of its industry peers.
A Quick Ratio of 0.81 indicates that CVE-PR-G may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.81, CVE-PR-G is doing good in the industry, outperforming 60.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
CVE-PR-G shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.59%.
CVE-PR-G shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.99% yearly.
Looking at the last year, CVE-PR-G shows a small growth in Revenue. The Revenue has grown by 3.97% in the last year.
Measured over the past years, CVE-PR-G shows a very strong growth in Revenue. The Revenue has been growing by 21.88% on average per year.
EPS 1Y (TTM)-22.59%
EPS 3Y87.24%
EPS 5Y33.99%
EPS Q2Q%-81.79%
Revenue 1Y (TTM)3.97%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-9.19%
3.2 Future
CVE-PR-G is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.34% yearly.
Based on estimates for the next years, CVE-PR-G will show a decrease in Revenue. The Revenue will decrease by -3.42% on average per year.
EPS Next Y31.65%
EPS Next 2Y26.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-8.97%
Revenue Next 2Y-4.95%
Revenue Next 3Y-3.42%
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
CVE-PR-G is valuated correctly with a Price/Earnings ratio of 15.27.
Compared to the rest of the industry, the Price/Earnings ratio of CVE-PR-G indicates a somewhat cheap valuation: CVE-PR-G is cheaper than 61.99% of the companies listed in the same industry.
CVE-PR-G is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
CVE-PR-G is valuated reasonably with a Price/Forward Earnings ratio of 11.60.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVE-PR-G is on the same level as its industry peers.
CVE-PR-G's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.27 | ||
| Fwd PE | 11.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CVE-PR-G indicates a somewhat cheap valuation: CVE-PR-G is cheaper than 77.83% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CVE-PR-G is valued a bit cheaper than 70.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.83 | ||
| EV/EBITDA | 5.33 |
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-G may justify a higher PE ratio.
A more expensive valuation may be justified as CVE-PR-G's earnings are expected to grow with 26.34% in the coming years.
PEG (NY)0.48
PEG (5Y)0.45
EPS Next 2Y26.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.97%, CVE-PR-G has a reasonable but not impressive dividend return.
CVE-PR-G's Dividend Yield is a higher than the industry average which is at 6.94.
Compared to an average S&P500 Dividend Yield of 2.33, CVE-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
5.2 History
On average, the dividend of CVE-PR-G grows each year by 31.72%, which is quite nice.
CVE-PR-G has paid a dividend for at least 10 years, which is a reliable track record.
CVE-PR-G has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)31.72%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
49.94% of the earnings are spent on dividend by CVE-PR-G. This is a bit on the high side, but may be sustainable.
CVE-PR-G's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP49.94%
EPS Next 2Y26.34%
EPS Next 3YN/A
CENOVUS ENERGY INC - CVECN 3.935 PERP
TSX:CVE-PR-G (3/7/2025, 7:00:00 PM)
25.05
+0.15 (+0.6%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners50.86%
Inst Owner ChangeN/A
Ins Owners0.81%
Ins Owner ChangeN/A
Market Cap45.69B
Analysts81.82
Price Target37.12 (48.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
Yearly Dividend0.84
Dividend Growth(5Y)31.72%
DP49.94%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-39.05%
Min EPS beat(2)-72.57%
Max EPS beat(2)-5.52%
EPS beat(4)1
Avg EPS beat(4)-21.32%
Min EPS beat(4)-72.57%
Max EPS beat(4)14.37%
EPS beat(8)4
Avg EPS beat(8)-9.42%
EPS beat(12)6
Avg EPS beat(12)-10.62%
EPS beat(16)7
Avg EPS beat(16)-22.38%
Revenue beat(2)1
Avg Revenue beat(2)-6.41%
Min Revenue beat(2)-16.62%
Max Revenue beat(2)3.8%
Revenue beat(4)2
Avg Revenue beat(4)-1.38%
Min Revenue beat(4)-16.62%
Max Revenue beat(4)9.24%
Revenue beat(8)4
Avg Revenue beat(8)-1.23%
Revenue beat(12)8
Avg Revenue beat(12)6.25%
Revenue beat(16)12
Avg Revenue beat(16)7.51%
PT rev (1m)2.63%
PT rev (3m)2.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.59%
EPS NY rev (1m)3.48%
EPS NY rev (3m)9.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.82%
Revenue NY rev (3m)0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.27 | ||
| Fwd PE | 11.6 | ||
| P/S | 0.84 | ||
| P/FCF | 10.83 | ||
| P/OCF | 4.95 | ||
| P/B | 1.54 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 5.33 |
EPS(TTM)1.64
EY6.55%
EPS(NY)2.16
Fwd EY8.62%
FCF(TTM)2.31
FCFY9.24%
OCF(TTM)5.06
OCFY20.21%
SpS29.76
BVpS16.31
TBVpS14.71
PEG (NY)0.48
PEG (5Y)0.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 10.44% | ||
| ROCE | 10.34% | ||
| ROIC | 8.18% | ||
| ROICexc | 8.73% | ||
| ROICexgc | 9.31% | ||
| OM | 9.37% | ||
| PM (TTM) | 5.72% | ||
| GM | 32.49% | ||
| FCFM | 7.77% |
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-Score5
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.52 | ||
| Debt/EBITDA | 1.01 | ||
| Cap/Depr | 102.96% | ||
| Cap/Sales | 9.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 92.75% | ||
| Profit Quality | 135.87% | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 2.61 |
F-Score5
WACC7.2%
ROIC/WACC1.14
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)-22.59%
EPS 3Y87.24%
EPS 5Y33.99%
EPS Q2Q%-81.79%
EPS Next Y31.65%
EPS Next 2Y26.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.97%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-9.19%
Revenue Next Year-8.97%
Revenue Next 2Y-4.95%
Revenue Next 3Y-3.42%
Revenue Next 5YN/A
EBIT growth 1Y-9.6%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year121.01%
EBIT Next 3Y31.64%
EBIT Next 5Y23.65%
FCF growth 1Y36.57%
FCF growth 3Y7.94%
FCF growth 5Y14.96%
OCF growth 1Y25%
OCF growth 3Y15.98%
OCF growth 5Y22.96%