CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) Stock Fundamental Analysis
TSX:CVE-PR-G - Toronto Stock Exchange - CA15135U8858 - Currency: CAD
Taking everything into account, CVE-PR-G scores 5 out of 10 in our fundamental rating. CVE-PR-G was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. CVE-PR-G has only an average score on both its financial health and profitability. CVE-PR-G has a correct valuation and a medium growth rate. Finally CVE-PR-G also has an excellent dividend rating. These ratings would make CVE-PR-G suitable 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.
CVE-PR-G 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 4.95%, CVE-PR-G is in the better half of the industry, outperforming 77.03% of the companies in the same industry.
The Return On Equity of CVE-PR-G (9.30%) is better than 72.73% of its industry peers.
CVE-PR-G's Return On Invested Capital of 7.38% is fine compared to the rest of the industry. CVE-PR-G outperforms 76.08% of its industry peers.
CVE-PR-G had an Average Return On Invested Capital over the past 3 years of 11.92%. This is above the industry average of 7.47%.
The 3 year average ROIC (11.92%) for CVE-PR-G is well above the current ROIC(7.38%). The reason for the recent decline needs to be investigated.
| 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
CVE-PR-G has a Profit Margin (5.15%) which is in line with its industry peers.
In the last couple of years the Profit Margin of CVE-PR-G has declined.
CVE-PR-G has a Operating Margin (8.54%) which is in line with its industry peers.
CVE-PR-G's Operating Margin has improved in the last couple of years.
CVE-PR-G has a Gross Margin (32.07%) which is comparable to the rest of the 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
Compared to 5 years ago, CVE-PR-G has more shares outstanding
Compared to 1 year ago, CVE-PR-G has a worse debt to assets ratio.
2.2 Solvency
CVE-PR-G has an Altman-Z score of 2.62. 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's Altman-Z score of 2.62 is fine compared to the rest of the industry. CVE-PR-G outperforms 75.60% of its industry peers.
CVE-PR-G has a debt to FCF ratio of 3.53. This is a good value and a sign of high solvency as CVE-PR-G would need 3.53 years to pay back of all of its debts.
CVE-PR-G has a better Debt to FCF ratio (3.53) than 78.47% of its industry peers.
CVE-PR-G has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.34, CVE-PR-G is in line with its industry, outperforming 53.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.53 | ||
| Altman-Z | 2.62 |
ROIC/WACC1.05
WACC7.05%
2.3 Liquidity
A Current Ratio of 1.46 indicates that CVE-PR-G should not have too much problems paying its short term obligations.
CVE-PR-G has a Current ratio of 1.46. This is in the better half of the industry: CVE-PR-G outperforms 69.86% of its industry peers.
A Quick Ratio of 0.84 indicates that CVE-PR-G may have some problems paying its short term obligations.
The Quick ratio of CVE-PR-G (0.84) is better than 61.24% 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.
CVE-PR-G shows a small growth in Revenue. In the last year, the Revenue has grown by 1.57%.
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
Based on estimates for the next years, CVE-PR-G will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.52% on average per year.
CVE-PR-G is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.74% yearly.
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.
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
A Price/Earnings ratio of 16.76 indicates a correct valuation of CVE-PR-G.
Based on the Price/Earnings ratio, CVE-PR-G is valued a bit cheaper than 60.77% of the companies in the same industry.
When comparing the Price/Earnings ratio of CVE-PR-G to the average of the S&P500 Index (26.31), we can say CVE-PR-G is valued slightly cheaper.
A Price/Forward Earnings ratio of 10.83 indicates a reasonable valuation of CVE-PR-G.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVE-PR-G is on the same level as its industry peers.
CVE-PR-G's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.76 | ||
| Fwd PE | 10.83 |
4.2 Price Multiples
79.90% of the companies in the same industry are more expensive than CVE-PR-G, based on the Enterprise Value to EBITDA ratio.
CVE-PR-G's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CVE-PR-G is cheaper than 65.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.91 | ||
| EV/EBITDA | 5.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CVE-PR-G has a very decent profitability rating, which 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)2.53
PEG (5Y)0.49
EPS Next 2Y18.58%
EPS Next 3Y19.52%
5. Dividend
5.1 Amount
CVE-PR-G has a Yearly Dividend Yield of 4.43%, which is a nice return.
Compared to an average industry Dividend Yield of 6.54, CVE-PR-G pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, CVE-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.43% |
5.2 History
On average, the dividend of CVE-PR-G grows each year by 31.72%, which is quite nice.
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
CVE-PR-G pays out 57.77% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of CVE-PR-G is growing, but the earnings are growing slower. 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 (6/13/2025, 7:00:00 PM)
24.97
-0.24 (-0.95%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners50.86%
Inst Owner ChangeN/A
Ins Owners0.81%
Ins Owner ChangeN/A
Market Cap45.51B
Analysts79.09
Price Target36.54 (46.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.43% |
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)-8.16%
PT rev (3m)-1.57%
EPS NQ rev (1m)-33.97%
EPS NQ rev (3m)-39.39%
EPS NY rev (1m)0%
EPS NY rev (3m)-19.07%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.76 | ||
| Fwd PE | 10.83 | ||
| P/S | 0.84 | ||
| P/FCF | 14.91 | ||
| P/OCF | 5.51 | ||
| P/B | 1.52 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 5.58 |
EPS(TTM)1.49
EY5.97%
EPS(NY)2.31
Fwd EY9.23%
FCF(TTM)1.68
FCFY6.71%
OCF(TTM)4.53
OCFY18.15%
SpS29.73
BVpS16.48
TBVpS14.87
PEG (NY)2.53
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 | 2.62 |
F-Score4
WACC7.05%
ROIC/WACC1.05
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 5Y16.97%
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%