CENOVUS ENERGY INC - CVECN 3.9 PERP (CVE-PR-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CVE-PR-B - CA15135U4063
23.85 CAD
+0.02 (+0.08%)
Taking everything into account, CVE-PR-B scores 6 out of 10 in our fundamental rating. CVE-PR-B was compared to 215 industry peers in the Oil, Gas & Consumable Fuels industry. While CVE-PR-B belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CVE-PR-B has a decent growth rate and is not valued too expensively. CVE-PR-B also has an excellent dividend rating. This makes CVE-PR-B very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
CVE-PR-B had positive earnings in the past year.
In the past year CVE-PR-B had a positive cash flow from operations.
CVE-PR-B had positive earnings in 4 of the past 5 years.
CVE-PR-B 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-B belongs to the top of the industry, outperforming 88.84% of the companies in the same industry.
CVE-PR-B's Return On Equity of 11.00% is amongst the best of the industry. CVE-PR-B outperforms 83.26% of its industry peers.
The Return On Invested Capital of CVE-PR-B (7.09%) is better than 83.72% of its industry peers.
CVE-PR-B 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 last Return On Invested Capital (7.09%) for CVE-PR-B is well below the 3 year average (11.92%), which needs to be investigated, but indicates that CVE-PR-B 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
With a Profit Margin value of 6.17%, CVE-PR-B perfoms like the industry average, outperforming 59.07% of the companies in the same industry.
In the last couple of years the Profit Margin of CVE-PR-B has declined.
Looking at the Operating Margin, with a value of 8.46%, CVE-PR-B is in line with its industry, outperforming 53.49% of the companies in the same industry.
CVE-PR-B's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 33.16%, CVE-PR-B perfoms like the industry average, outperforming 52.56% of the companies in the same industry.
In the last couple of years the Gross Margin of CVE-PR-B 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-PR-B 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-B has less shares outstanding
Compared to 5 years ago, CVE-PR-B has more shares outstanding
CVE-PR-B has a worse debt/assets ratio than last year.
2.2 Solvency
CVE-PR-B has an Altman-Z score of 2.69. This is not the best score and indicates that CVE-PR-B is in the grey zone with still only limited risk for bankruptcy at the moment.
CVE-PR-B has a better Altman-Z score (2.69) than 77.67% of its industry peers.
CVE-PR-B has a debt to FCF ratio of 3.55. This is a good value and a sign of high solvency as CVE-PR-B would need 3.55 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.55, CVE-PR-B belongs to the top of the industry, outperforming 85.12% of the companies in the same industry.
A Debt/Equity ratio of 0.34 indicates that CVE-PR-B is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.34, CVE-PR-B is in line with its industry, outperforming 59.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 2.69 |
ROIC/WACC0.95
WACC7.42%
2.3 Liquidity
A Current Ratio of 1.73 indicates that CVE-PR-B should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.73, CVE-PR-B is doing good in the industry, outperforming 77.21% of the companies in the same industry.
CVE-PR-B has a Quick Ratio of 1.18. This is a normal value and indicates that CVE-PR-B is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.18, CVE-PR-B is in the better half of the industry, outperforming 69.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
CVE-PR-B 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-B shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.97% on average per year.
CVE-PR-B shows a decrease in Revenue. In the last year, the revenue decreased by -9.17%.
CVE-PR-B 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
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-PR-B will show a decrease in Revenue. The Revenue will decrease by -8.10% on average per year.
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
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
The Price/Earnings ratio is 13.95, which indicates a correct valuation of CVE-PR-B.
Based on the Price/Earnings ratio, CVE-PR-B is valued a bit cheaper than 68.37% of the companies in the same industry.
CVE-PR-B's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.37.
CVE-PR-B is valuated correctly with a Price/Forward Earnings ratio of 15.73.
Based on the Price/Forward Earnings ratio, CVE-PR-B is valued a bit cheaper than 60.47% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.20. CVE-PR-B is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.95 | ||
| Fwd PE | 15.73 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CVE-PR-B indicates a rather cheap valuation: CVE-PR-B is cheaper than 87.44% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CVE-PR-B is valued a bit cheaper than 66.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.96 | ||
| EV/EBITDA | 5.71 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of CVE-PR-B may justify a higher PE ratio.
PEG (NY)1.18
PEG (5Y)0.41
EPS Next 2Y-3.84%
EPS Next 3Y10.24%
5. Dividend
5.1 Amount
CVE-PR-B has a Yearly Dividend Yield of 4.86%, which is a nice return.
Compared to an average industry Dividend Yield of 5.88, CVE-PR-B pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, CVE-PR-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
5.2 History
The dividend of CVE-PR-B is nicely growing with an annual growth rate of 31.72%!
CVE-PR-B has paid a dividend for at least 10 years, which is a reliable track record.
CVE-PR-B has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)31.72%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
CVE-PR-B pays out 45.02% of its income as dividend. This is a bit on the high side, but may be sustainable.
CVE-PR-B's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.02%
EPS Next 2Y-3.84%
EPS Next 3Y10.24%
CENOVUS ENERGY INC - CVECN 3.9 PERP
TSX:CVE-PR-B (11/28/2025, 7:00:00 PM)
23.85
+0.02 (+0.08%)
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 Cap45.08B
Revenue(TTM)50.56B
Net Income(TTM)3.12B
Analysts80.95
Price Target27.57 (15.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
Yearly Dividend0.84
Dividend Growth(5Y)31.72%
DP45.02%
Div Incr Years3
Div Non Decr Years3
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)5.95%
PT rev (3m)-9.52%
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 | 13.95 | ||
| Fwd PE | 15.73 | ||
| P/S | 0.89 | ||
| P/FCF | 15.96 | ||
| P/OCF | 5.74 | ||
| P/B | 1.59 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 5.71 |
EPS(TTM)1.71
EY7.17%
EPS(NY)1.52
Fwd EY6.36%
FCF(TTM)1.49
FCFY6.26%
OCF(TTM)4.15
OCFY17.41%
SpS26.75
BVpS15.01
TBVpS13.46
PEG (NY)1.18
PEG (5Y)0.41
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 | 2.69 |
F-Score5
WACC7.42%
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 3.9 PERP / CVE-PR-B.CA FAQ
Can you provide the ChartMill fundamental rating for CENOVUS ENERGY INC - CVECN 3.9 PERP?
ChartMill assigns a fundamental rating of 6 / 10 to CVE-PR-B.CA.
What is the valuation status for CVE-PR-B stock?
ChartMill assigns a valuation rating of 6 / 10 to CENOVUS ENERGY INC - CVECN 3.9 PERP (CVE-PR-B.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for CENOVUS ENERGY INC - CVECN 3.9 PERP?
CENOVUS ENERGY INC - CVECN 3.9 PERP (CVE-PR-B.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CENOVUS ENERGY INC - CVECN 3.9 PERP (CVE-PR-B.CA) stock?
The Price/Earnings (PE) ratio for CENOVUS ENERGY INC - CVECN 3.9 PERP (CVE-PR-B.CA) is 13.95 and the Price/Book (PB) ratio is 1.59.
Can you provide the dividend sustainability for CVE-PR-B stock?
The dividend rating of CENOVUS ENERGY INC - CVECN 3.9 PERP (CVE-PR-B.CA) is 7 / 10 and the dividend payout ratio is 45.02%.