CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CVE-PR-A - CA15135U3073
24.5 CAD
+0.01 (+0.04%)
Overall CVE-PR-A gets a fundamental rating of 6 out of 10. We evaluated CVE-PR-A against 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CVE-PR-A was profitable.
In the past year CVE-PR-A had a positive cash flow from operations.
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
CVE-PR-A has a better Return On Assets (5.83%) than 87.91% of its industry peers.
Looking at the Return On Equity, with a value of 11.00%, CVE-PR-A belongs to the top of the industry, outperforming 82.79% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.09%, CVE-PR-A belongs to the top of the industry, outperforming 82.79% 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 6.62%.
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
The Profit Margin of CVE-PR-A (6.17%) is comparable to the rest of the industry.
CVE-PR-A's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 8.46%, CVE-PR-A perfoms like the industry average, outperforming 53.02% of the companies in the same 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 52.56% of the companies in the same industry.
CVE-PR-A's Gross Margin has declined in the last couple of years.
| 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.
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.
Compared to 1 year ago, CVE-PR-A has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.66 indicates that CVE-PR-A is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.66, CVE-PR-A is in the better half of the industry, outperforming 77.21% of the companies in the same industry.
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.
CVE-PR-A has a Debt to FCF ratio of 3.55. This is amongst the best in the industry. CVE-PR-A outperforms 85.12% of its industry peers.
CVE-PR-A has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
CVE-PR-A 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 | 3.55 | ||
| Altman-Z | 2.66 |
ROIC/WACC0.95
WACC7.46%
2.3 Liquidity
CVE-PR-A has a Current Ratio of 1.73. 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.
With a decent Current ratio value of 1.73, CVE-PR-A is doing good in the industry, outperforming 78.14% of the companies in the same industry.
CVE-PR-A has a Quick Ratio of 1.18. 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.
CVE-PR-A has a Quick ratio of 1.18. This is in the better half of the industry: CVE-PR-A outperforms 70.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The earnings per share for CVE-PR-A have decreased strongly by -12.76% in the last year.
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.
Looking at the last year, CVE-PR-A shows a decrease in Revenue. The Revenue has decreased by -9.17% in the last 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)-12.76%
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
CVE-PR-A is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.27% yearly.
Based on estimates for the next years, CVE-PR-A will show a decrease in Revenue. The Revenue will decrease by -3.51% on average per year.
EPS Next Y7.08%
EPS Next 2Y-1.25%
EPS Next 3Y14.64%
EPS Next 5Y23.27%
Revenue Next Year-8.83%
Revenue Next 2Y-5.31%
Revenue Next 3Y-3.51%
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
The Price/Earnings ratio is 14.33, which indicates a correct valuation of CVE-PR-A.
Compared to the rest of the industry, the Price/Earnings ratio of CVE-PR-A indicates a somewhat cheap valuation: CVE-PR-A is cheaper than 67.44% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CVE-PR-A to the average of the S&P500 Index (26.31), we can say CVE-PR-A is valued slightly cheaper.
The Price/Forward Earnings ratio is 15.32, which indicates a correct valuation of CVE-PR-A.
CVE-PR-A's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CVE-PR-A is cheaper than 61.40% of the companies in the same industry.
CVE-PR-A's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.33 | ||
| Fwd PE | 15.32 |
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 86.98% 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 67.91% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.51 | ||
| EV/EBITDA | 5.57 |
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.
CVE-PR-A has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CVE-PR-A's earnings are expected to grow with 14.64% in the coming years.
PEG (NY)2.02
PEG (5Y)0.42
EPS Next 2Y-1.25%
EPS Next 3Y14.64%
5. Dividend
5.1 Amount
CVE-PR-A has a Yearly Dividend Yield of 2.65%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.81, CVE-PR-A pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, CVE-PR-A has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.65% |
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
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-1.25%
EPS Next 3Y14.64%
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (11/27/2025, 7:00:00 PM)
24.5
+0.01 (+0.04%)
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 Cap43.79B
Revenue(TTM)50.56B
Net Income(TTM)3.12B
Analysts80.95
Price Target27.24 (11.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.65% |
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)24.36%
EPS NQ rev (3m)40.04%
EPS NY rev (1m)1.68%
EPS NY rev (3m)5.53%
Revenue NQ rev (1m)-3.48%
Revenue NQ rev (3m)4.36%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)2.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.33 | ||
| Fwd PE | 15.32 | ||
| P/S | 0.87 | ||
| P/FCF | 15.51 | ||
| P/OCF | 5.58 | ||
| P/B | 1.54 | ||
| P/tB | 1.72 | ||
| EV/EBITDA | 5.57 |
EPS(TTM)1.71
EY6.98%
EPS(NY)1.6
Fwd EY6.53%
FCF(TTM)1.58
FCFY6.45%
OCF(TTM)4.39
OCFY17.92%
SpS28.29
BVpS15.88
TBVpS14.24
PEG (NY)2.02
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 | 2.66 |
F-Score5
WACC7.46%
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 Y7.08%
EPS Next 2Y-1.25%
EPS Next 3Y14.64%
EPS Next 5Y23.27%
Revenue 1Y (TTM)-9.17%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-7.4%
Revenue Next Year-8.83%
Revenue Next 2Y-5.31%
Revenue Next 3Y-3.51%
Revenue Next 5YN/A
EBIT growth 1Y-20.33%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year100.67%
EBIT Next 3Y28.05%
EBIT Next 5Y20.73%
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 7.08% 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%.