ducovest

CVE:CA:TSX-Cenovus Energy Inc. (CAD)

EQUITY | Oil & Gas Integrated | Toronto Stock Exchange

Last Closing

CAD 26.93

Change

-0.09 (-0.33)%

Market Cap

CAD 16.85B

Volume

2.89M

Analyst Target

CAD 7.76
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Cenovus Energy Inc is an integrated oil company. The Company is in the business of developing, producing and marketing crude oil, NGLs and natural gas in Canada with refining operations in the United States.

Company Website : http://www.cenovus.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Oil & Gas Integrated

Symbol Name Price(Change) Market Cap
SU:CA Suncor Energy Inc

N/A

 CAD 68.20B
IMO:CA Imperial Oil Ltd

N/A

 CAD 51.24B
CVE-PB:CA Cenovus Energy Inc Preferred S..

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CVE-PC:CA Cenovus Energy Inc Preferred S..

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CVE-PE:CA Cenovus Energy Inc Preferred S..

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CVE-PA:CA Cenovus Energy Inc Preferred S..

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CVE-PG:CA Cenovus Energy Inc Preferred S..

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ETFs Containing CVE:CA

TUSB:CA TD Select U.S. Short Term.. 2.12 % 0.28 %

N/A

 CAD 8.66M

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Integrated) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 21.97% 75% C 91% A-
Dividend Return 0.63% 13% F 27% F
Total Return 22.60% 63% D 91% A-
Trailing 12 Months  
Capital Gain 15.98% 13% F 71% C-
Dividend Return 1.21% 13% F 24% F
Total Return 17.18% 13% F 69% C-
Trailing 5 Years  
Capital Gain 132.16% 67% D+ 89% A-
Dividend Return 9.40% 33% F 49% F
Total Return 141.56% 67% D+ 89% A-
Average Annual (5 Year Horizon)  
Capital Gain 43.21% 100% F 93% A
Dividend Return 44.48% 100% F 93% A
Total Return 1.28% 13% F 40% F
Risk Return Profile  
Volatility (Standard Deviation) 78.76% 13% F 10% F
Risk Adjusted Return 56.47% 75% C 83% B
Market Capitalization 16.85B 67% D+ 96% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Integrated) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 12.75 75% 55%
Price/Book Ratio 1.79 67% 38%
Price / Cash Flow Ratio 6.81 67% 44%
Price/Free Cash Flow Ratio 5.64 67% 49%
Management Effectiveness  
Return on Equity 14.60% 13% 81%
Return on Invested Capital 15.54% 13% 83%
Return on Assets 6.16% 13% 84%
Debt to Equity Ratio 24.77% 25% 74%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector