CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:CVE-PR-A - CA15135U3073
24.26 CAD
+0.15 (+0.62%)
We assign a fundamental rating of 5 out of 10 to CVE-PR-A. CVE-PR-A was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. CVE-PR-A has an average financial health and profitability rating. CVE-PR-A has a decent growth rate and is not valued too expensively.
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.
In the past 5 years CVE-PR-A always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CVE-PR-A (4.74%) is better than 77.52% of its industry peers.
With a decent Return On Equity value of 9.01%, CVE-PR-A is doing good in the industry, outperforming 64.68% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.17%, CVE-PR-A is in the better half of the industry, outperforming 76.61% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CVE-PR-A is significantly above the industry average of 6.89%.
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
CVE-PR-A's Profit Margin of 5.13% is in line compared to the rest of the industry. CVE-PR-A outperforms 55.50% of its industry peers.
In the last couple of years the Profit Margin of CVE-PR-A has declined.
Looking at the Operating Margin, with a value of 7.37%, CVE-PR-A is in line with its industry, outperforming 50.92% of the companies in the same 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 51.83% 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 | 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
CVE-PR-A 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-A has less shares outstanding
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 2.47. 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.
With a decent Altman-Z score value of 2.47, CVE-PR-A is doing good in the industry, outperforming 73.39% of the companies in the same industry.
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.
The Debt to FCF ratio of CVE-PR-A (3.52) is better than 83.94% 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 | 3.52 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.84
WACC7.37%
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.
Looking at the Current ratio, with a value of 1.32, CVE-PR-A is in the better half of the industry, outperforming 67.43% 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 57.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.78 |
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 -12.33%.
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.
The Revenue has been growing slightly by 3.97% in the past year.
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)-12.33%
EPS 3Y87.2%
EPS 5Y33.97%
EPS Q2Q%73.41%
Revenue 1Y (TTM)3.97%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-5.82%
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
CVE-PR-A is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.75% yearly.
EPS Next Y5.31%
EPS Next 2Y-2.19%
EPS Next 3Y13.88%
EPS Next 5Y23.27%
Revenue Next Year-8.89%
Revenue Next 2Y-5.46%
Revenue Next 3Y-3.75%
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.
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
The Price/Earnings ratio is 14.10, which indicates a correct valuation of CVE-PR-A.
Based on the Price/Earnings ratio, CVE-PR-A is valued a bit cheaper than the industry average as 65.14% of the companies are valued more expensively.
CVE-PR-A is valuated rather cheaply when we compare the Price/Earnings ratio to 26.03, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 15.46, CVE-PR-A is valued correctly.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.27, CVE-PR-A is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.1 | ||
| Fwd PE | 15.46 |
4.2 Price Multiples
CVE-PR-A's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CVE-PR-A is cheaper than 83.49% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CVE-PR-A is valued a bit cheaper than the industry average as 67.43% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.58 | ||
| EV/EBITDA | 5.83 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CVE-PR-A does not grow enough to justify the current Price/Earnings ratio.
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 13.88% in the coming years.
PEG (NY)2.66
PEG (5Y)0.42
EPS Next 2Y-2.19%
EPS Next 3Y13.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.41%, CVE-PR-A has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.34, CVE-PR-A pays a bit more dividend than its industry peers.
CVE-PR-A's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
5.2 History
On average, the dividend of CVE-PR-A grows each year by 31.72%, which is quite nice.
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
52.38% 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.
DP52.38%
EPS Next 2Y-2.19%
EPS Next 3Y13.88%
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (11/4/2025, 7:00:00 PM)
24.26
+0.15 (+0.62%)
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 Cap43.36B
Revenue(TTM)54.28B
Net Income(TTM)2.65B
Analysts80
Price Target28.92 (19.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
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)3.02%
PT rev (3m)-8.03%
EPS NQ rev (1m)10.41%
EPS NQ rev (3m)31.46%
EPS NY rev (1m)6.77%
EPS NY rev (3m)-1.22%
Revenue NQ rev (1m)1.31%
Revenue NQ rev (3m)4.9%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)3.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.1 | ||
| Fwd PE | 15.46 | ||
| P/S | 0.84 | ||
| P/FCF | 14.58 | ||
| P/OCF | 5.29 | ||
| P/B | 1.47 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 5.83 |
EPS(TTM)1.72
EY7.09%
EPS(NY)1.57
Fwd EY6.47%
FCF(TTM)1.66
FCFY6.86%
OCF(TTM)4.58
OCFY18.89%
SpS28.88
BVpS16.45
TBVpS14.81
PEG (NY)2.66
PEG (5Y)0.42
Graham Number25.23
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
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-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
WACC7.37%
ROIC/WACC0.84
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)-12.33%
EPS 3Y87.2%
EPS 5Y33.97%
EPS Q2Q%73.41%
EPS Next Y5.31%
EPS Next 2Y-2.19%
EPS Next 3Y13.88%
EPS Next 5Y23.27%
Revenue 1Y (TTM)3.97%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-5.82%
Revenue Next Year-8.89%
Revenue Next 2Y-5.46%
Revenue Next 3Y-3.75%
Revenue Next 5YN/A
EBIT growth 1Y-45.73%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year100.67%
EBIT Next 3Y28.05%
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%
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 5 / 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 6 / 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 5.31% 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 52.38%.