CENOVUS ENERGY INC (CVE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CVE - CA15135U1093 - Common Stock
16.7999 USD
+0.14 (+0.84%)
CVE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of CVE get a neutral evaluation. Nothing too spectacular is happening here. CVE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CVE was profitable.
CVE had a positive operating cash flow in the past year.
Of the past 5 years CVE 4 years were profitable.
CVE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.83%, CVE is doing good in the industry, outperforming 70.48% of the companies in the same industry.
The Return On Equity of CVE (11.00%) is better than 67.14% of its industry peers.
The Return On Invested Capital of CVE (7.09%) is better than 64.76% of its industry peers.
CVE had an Average Return On Invested Capital over the past 3 years of 11.92%. This is significantly below the industry average of 21.09%.
The 3 year average ROIC (11.92%) for CVE 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
Looking at the Profit Margin, with a value of 6.17%, CVE is in line with its industry, outperforming 49.05% of the companies in the same industry.
CVE's Profit Margin has declined in the last couple of years.
CVE's Operating Margin of 8.46% is on the low side compared to the rest of the industry. CVE is outperformed by 60.00% of its industry peers.
CVE's Operating Margin has improved in the last couple of years.
CVE 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 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
CVE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CVE has been reduced compared to 1 year ago.
CVE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CVE has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.65 indicates that CVE is not a great score, but indicates only limited risk for bankruptcy at the moment.
CVE has a Altman-Z score of 2.65. This is in the better half of the industry: CVE outperforms 78.10% of its industry peers.
The Debt to FCF ratio of CVE is 3.55, which is a good value as it means it would take CVE, 3.55 years of fcf income to pay off all of its debts.
CVE has a better Debt to FCF ratio (3.55) than 72.38% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that CVE is not too dependend on debt financing.
CVE's Debt to Equity ratio of 0.34 is in line compared to the rest of the industry. CVE outperforms 59.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.65 |
ROIC/WACC0.96
WACC7.4%
2.3 Liquidity
A Current Ratio of 1.73 indicates that CVE should not have too much problems paying its short term obligations.
CVE has a Current ratio of 1.73. This is in the better half of the industry: CVE outperforms 72.38% of its industry peers.
CVE has a Quick Ratio of 1.18. This is a normal value and indicates that CVE is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.18, CVE is doing good in the industry, outperforming 60.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The earnings per share for CVE have decreased strongly by -12.76% in the last year.
CVE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.97% yearly.
CVE shows a decrease in Revenue. In the last year, the revenue decreased by -9.17%.
The Revenue has been growing by 21.88% on average over the past years. This is a very strong growth!
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 26.68% on average over the next years. This is a very strong growth
Based on estimates for the next years, CVE will show a decrease in Revenue. The Revenue will decrease by -4.91% on average per year.
EPS Next Y27.31%
EPS Next 2Y1.31%
EPS Next 3Y11.15%
EPS Next 5Y26.68%
Revenue Next Year-9.83%
Revenue Next 2Y-8.59%
Revenue Next 3Y-4.91%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
Based on the Price/Earnings ratio of 13.55, the valuation of CVE can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of CVE is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.39. CVE is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 13.77, the valuation of CVE can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as CVE.
The average S&P500 Price/Forward Earnings ratio is at 23.84. CVE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.55 | ||
| Fwd PE | 13.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CVE is valued a bit cheaper than the industry average as 70.95% of the companies are valued more expensively.
61.43% of the companies in the same industry are more expensive than CVE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.51 | ||
| EV/EBITDA | 5.53 |
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.
PEG (NY)0.5
PEG (5Y)0.4
EPS Next 2Y1.31%
EPS Next 3Y11.15%
5. Dividend
5.1 Amount
CVE has a Yearly Dividend Yield of 3.53%.
Compared to an average industry Dividend Yield of 3.95, CVE has a dividend in line with its industry peers.
CVE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
5.2 History
The dividend of CVE is nicely growing with an annual growth rate of 31.72%!
CVE has been paying a dividend for at least 10 years, so it has a reliable track record.
CVE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)31.72%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
CVE pays out 45.02% of its income as dividend. This is a bit on the high side, but may be sustainable.
CVE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.02%
EPS Next 2Y1.31%
EPS Next 3Y11.15%
NYSE:CVE (12/22/2025, 10:43:08 AM)
16.7999
+0.14 (+0.84%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners53.06%
Inst Owner Change6.24%
Ins Owners0.63%
Ins Owner ChangeN/A
Market Cap31.76B
Revenue(TTM)50.56B
Net Income(TTM)3.12B
Analysts80
Price Target21.2 (26.19%)
Short Float %2.75%
Short Ratio3.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.53% |
Yearly Dividend0.61
Dividend Growth(5Y)31.72%
DP45.02%
Div Incr Years4
Div Non Decr Years4
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)6.07%
PT rev (3m)7.23%
EPS NQ rev (1m)-4.01%
EPS NQ rev (3m)32.44%
EPS NY rev (1m)18.89%
EPS NY rev (3m)25.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.93%
Revenue NY rev (1m)-1.1%
Revenue NY rev (3m)-1.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.55 | ||
| Fwd PE | 13.77 | ||
| P/S | 0.87 | ||
| P/FCF | 15.51 | ||
| P/OCF | 5.58 | ||
| P/B | 1.54 | ||
| P/tB | 1.72 | ||
| EV/EBITDA | 5.53 |
EPS(TTM)1.24
EY7.38%
EPS(NY)1.22
Fwd EY7.26%
FCF(TTM)1.08
FCFY6.45%
OCF(TTM)3.01
OCFY17.92%
SpS19.39
BVpS10.88
TBVpS9.76
PEG (NY)0.5
PEG (5Y)0.4
Graham Number17.42
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 | 2.65 |
F-Score5
WACC7.4%
ROIC/WACC0.96
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 Y27.31%
EPS Next 2Y1.31%
EPS Next 3Y11.15%
EPS Next 5Y26.68%
Revenue 1Y (TTM)-9.17%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-7.4%
Revenue Next Year-9.83%
Revenue Next 2Y-8.59%
Revenue Next 3Y-4.91%
Revenue Next 5YN/A
EBIT growth 1Y-20.33%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year101.69%
EBIT Next 3Y30.19%
EBIT Next 5Y21.02%
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 / CVE FAQ
What is the fundamental rating for CVE stock?
ChartMill assigns a fundamental rating of 5 / 10 to CVE.
What is the valuation status for CVE stock?
ChartMill assigns a valuation rating of 5 / 10 to CENOVUS ENERGY INC (CVE). This can be considered as Fairly Valued.
Can you provide the profitability details for CENOVUS ENERGY INC?
CENOVUS ENERGY INC (CVE) has a profitability rating of 5 / 10.
What is the valuation of CENOVUS ENERGY INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CENOVUS ENERGY INC (CVE) is 13.55 and the Price/Book (PB) ratio is 1.54.
What is the financial health of CENOVUS ENERGY INC (CVE) stock?
The financial health rating of CENOVUS ENERGY INC (CVE) is 5 / 10.