` Comparison: CVE, 601857 - Alpha Spread

CVE
vs
601857

Over the past 12 months, CVE has outperformed PetroChina Co Ltd, delivering a return of +17% compared to the PetroChina Co Ltd's +13% growth.

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CVE
601857
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Valuation Comparison

CVE Intrinsic Value
28 CAD
Undervaluation 11%
Intrinsic Value
Price
Intrinsic Value
55.13 CNY
Undervaluation 83%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Cenovus Energy Inc
TSX:CVE
24.83 CAD
PetroChina Co Ltd
SSE:601857
9.53 CNY
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
CVE, 601857

CVE
601857
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Cenovus Energy Inc
Revenue
PetroChina Co Ltd
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
CVE, 601857

CVE
601857
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Cenovus Energy Inc
TSX:CVE
PetroChina Co Ltd
SSE:601857
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What is Free Cash Flow?

Gross Margin

CVE
33.2%
PetroChina Co Ltd
13.4%

Operating Margin

CVE
8.5%
PetroChina Co Ltd
8.2%

Net Margin

CVE
6.2%
PetroChina Co Ltd
5.6%

FCF Margin

CVE
5.6%
PetroChina Co Ltd
4.1%

ROE

CVE
10.8%
PetroChina Co Ltd
10.4%

ROA

CVE
5.8%
PetroChina Co Ltd
5.6%

ROIC

CVE
8%
PetroChina Co Ltd
7.4%

ROCE

CVE
8.9%
PetroChina Co Ltd
10.9%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CVE, 601857

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Performance Gap
CVE, 601857

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CVE
601857
Difference
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Performance By Year
CVE, 601857

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CVE
601857
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