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 5 out of 10. We evaluated CVE-PR-G against 210 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 correct valuation and a medium growth rate. CVE-PR-G also has an excellent dividend rating. With these ratings, CVE-PR-G could be worth investigating further for dividend investing!.
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.
Of the past 5 years CVE-PR-G 4 years were profitable.
In the past 5 years CVE-PR-G always reported a positive cash flow from operatings.
1.2 Ratios
CVE-PR-G has a Return On Assets of 4.95%. This is in the better half of the industry: CVE-PR-G outperforms 77.29% of its industry peers.
CVE-PR-G's Return On Equity of 9.30% is fine compared to the rest of the industry. CVE-PR-G outperforms 72.95% of its industry peers.
CVE-PR-G has a Return On Invested Capital of 7.38%. This is in the better half of the industry: CVE-PR-G outperforms 76.81% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CVE-PR-G is above the industry average of 7.31%.
The last Return On Invested Capital (7.38%) for CVE-PR-G is well below the 3 year average (11.92%), which needs to be investigated, but indicates that CVE-PR-G had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.95% | ||
| ROE | 9.3% | ||
| ROIC | 7.38% |
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 5.15%, CVE-PR-G perfoms like the industry average, outperforming 57.97% of the companies in the same industry.
In the last couple of years the Profit Margin of CVE-PR-G has declined.
The Operating Margin of CVE-PR-G (8.54%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CVE-PR-G has grown nicely.
With a Gross Margin value of 32.07%, CVE-PR-G perfoms like the industry average, outperforming 50.72% of the companies in the same industry.
CVE-PR-G's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.54% | ||
| PM (TTM) | 5.15% | ||
| GM | 32.07% |
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
The number of shares outstanding for CVE-PR-G has been increased compared to 5 years ago.
The debt/assets ratio for CVE-PR-G is higher compared to a year ago.
2.2 Solvency
CVE-PR-G has an Altman-Z score of 2.60. 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 has a better Altman-Z score (2.60) than 78.26% of its industry peers.
The Debt to FCF ratio of CVE-PR-G is 3.53, which is a good value as it means it would take CVE-PR-G, 3.53 years of fcf income to pay off all of its debts.
CVE-PR-G's Debt to FCF ratio of 3.53 is fine compared to the rest of the industry. CVE-PR-G outperforms 78.26% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that CVE-PR-G is not too dependend on debt financing.
The Debt to Equity ratio of CVE-PR-G (0.34) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.53 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.91
WACC8.08%
2.3 Liquidity
CVE-PR-G has a Current Ratio of 1.46. This is a normal value and indicates that CVE-PR-G is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of CVE-PR-G (1.46) is better than 71.50% of its industry peers.
A Quick Ratio of 0.84 indicates that CVE-PR-G may have some problems paying its short term obligations.
CVE-PR-G has a Quick ratio of 0.84. This is in the better half of the industry: CVE-PR-G outperforms 61.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for CVE-PR-G have decreased strongly by -38.43% in the last year.
CVE-PR-G 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 1.57% in the past year.
The Revenue has been growing by 21.88% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-38.43%
EPS 3Y87.2%
EPS 5Y33.97%
EPS Q2Q%-24.19%
Revenue 1Y (TTM)1.57%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-0.73%
3.2 Future
CVE-PR-G is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.52% yearly.
The Revenue is expected to decrease by -5.74% on average over the next years.
EPS Next Y6.62%
EPS Next 2Y18.58%
EPS Next 3Y19.52%
EPS Next 5YN/A
Revenue Next Year-8.98%
Revenue Next 2Y-4.96%
Revenue Next 3Y-5.74%
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 16.78.
CVE-PR-G's Price/Earnings ratio is a bit cheaper when compared to the industry. CVE-PR-G is cheaper than 60.87% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.25. CVE-PR-G is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 10.84, which indicates a very decent valuation of CVE-PR-G.
CVE-PR-G's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.80, CVE-PR-G is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.78 | ||
| Fwd PE | 10.84 |
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 79.23% 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 the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.82 | ||
| EV/EBITDA | 5.5 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of CVE-PR-G may justify a higher PE ratio.
CVE-PR-G's earnings are expected to grow with 19.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.54
PEG (5Y)0.49
EPS Next 2Y18.58%
EPS Next 3Y19.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.07%, CVE-PR-G is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.32, CVE-PR-G pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, CVE-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
5.2 History
The dividend of CVE-PR-G is nicely growing with an annual growth rate of 31.72%!
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
57.77% 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.
DP57.77%
EPS Next 2Y18.58%
EPS Next 3Y19.52%
CENOVUS ENERGY INC - CVECN 3.935 PERP
TSX:CVE-PR-G (6/30/2025, 7:00:00 PM)
25
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners52.31%
Inst Owner ChangeN/A
Ins Owners0.66%
Ins Owner ChangeN/A
Market Cap45.23B
Analysts79.09
Price Target32.92 (31.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
Yearly Dividend0.84
Dividend Growth(5Y)31.72%
DP57.77%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-23.65%
Min EPS beat(2)-72.97%
Max EPS beat(2)25.67%
EPS beat(4)1
Avg EPS beat(4)-18.6%
Min EPS beat(4)-72.97%
Max EPS beat(4)25.67%
EPS beat(8)4
Avg EPS beat(8)-6.58%
EPS beat(12)6
Avg EPS beat(12)-10.49%
EPS beat(16)7
Avg EPS beat(16)-21.6%
Revenue beat(2)0
Avg Revenue beat(2)-7.93%
Min Revenue beat(2)-10.43%
Max Revenue beat(2)-5.43%
Revenue beat(4)2
Avg Revenue beat(4)-0.71%
Min Revenue beat(4)-10.43%
Max Revenue beat(4)9.24%
Revenue beat(8)4
Avg Revenue beat(8)-0.09%
Revenue beat(12)7
Avg Revenue beat(12)5.76%
Revenue beat(16)11
Avg Revenue beat(16)6.01%
PT rev (1m)-9.9%
PT rev (3m)-10.28%
EPS NQ rev (1m)-11.21%
EPS NQ rev (3m)-41.38%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.42%
Revenue NQ rev (1m)-1.94%
Revenue NQ rev (3m)-1.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.78 | ||
| Fwd PE | 10.84 | ||
| P/S | 0.83 | ||
| P/FCF | 14.82 | ||
| P/OCF | 5.48 | ||
| P/B | 1.51 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 5.5 |
EPS(TTM)1.49
EY5.96%
EPS(NY)2.31
Fwd EY9.22%
FCF(TTM)1.69
FCFY6.75%
OCF(TTM)4.57
OCFY18.26%
SpS29.94
BVpS16.6
TBVpS14.98
PEG (NY)2.54
PEG (5Y)0.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.95% | ||
| ROE | 9.3% | ||
| ROCE | 9.36% | ||
| ROIC | 7.38% | ||
| ROICexc | 7.81% | ||
| ROICexgc | 8.33% | ||
| OM | 8.54% | ||
| PM (TTM) | 5.15% | ||
| GM | 32.07% | ||
| FCFM | 5.64% |
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-Score4
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.53 | ||
| Debt/EBITDA | 1.06 | ||
| Cap/Depr | 104.37% | ||
| Cap/Sales | 9.61% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.89% | ||
| Profit Quality | 109.35% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 2.6 |
F-Score4
WACC8.08%
ROIC/WACC0.91
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)-38.43%
EPS 3Y87.2%
EPS 5Y33.97%
EPS Q2Q%-24.19%
EPS Next Y6.62%
EPS Next 2Y18.58%
EPS Next 3Y19.52%
EPS Next 5YN/A
Revenue 1Y (TTM)1.57%
Revenue growth 3Y5.4%
Revenue growth 5Y21.88%
Sales Q2Q%-0.73%
Revenue Next Year-8.98%
Revenue Next 2Y-4.96%
Revenue Next 3Y-5.74%
Revenue Next 5YN/A
EBIT growth 1Y-29.74%
EBIT growth 3Y1.79%
EBIT growth 5Y24.73%
EBIT Next Year96.04%
EBIT Next 3Y23.1%
EBIT Next 5Y16.96%
FCF growth 1Y-46.33%
FCF growth 3Y7.94%
FCF growth 5Y14.96%
OCF growth 1Y-15.29%
OCF growth 3Y15.98%
OCF growth 5Y22.96%