Cenovus Energy Inc
TSX:CVE

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Cenovus Energy Inc
TSX:CVE
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Price: 23.03 CAD 1.59% Market Closed
Market Cap: 43.5B CAD

Relative Value

The Relative Value of one CVE stock under the Base Case scenario is 28.03 CAD. Compared to the current market price of 23.03 CAD, Cenovus Energy Inc is Undervalued by 18%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CVE Relative Value
Base Case
28.03 CAD
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
44
vs Industry
62
Median 3Y
0.8
Median 5Y
0.8
Industry
1.4
Forward
0.8
vs History
31
vs Industry
20
Median 3Y
11.1
Median 5Y
11.3
Industry
12
Forward
10.3
vs History
58
vs Industry
33
Median 3Y
4.7
Median 5Y
5.3
Industry
5.1
vs History
63
vs Industry
25
Median 3Y
15
Median 5Y
21.8
Industry
10.9
vs History
55
vs Industry
36
Median 3Y
1.6
Median 5Y
1.5
Industry
1.3
vs History
52
vs Industry
63
Median 3Y
0.9
Median 5Y
1
Industry
2.1
Forward
0.9
vs History
11
vs Industry
58
Median 3Y
2.3
Median 5Y
2.2
Industry
5.2
vs History
39
vs Industry
36
Median 3Y
4.7
Median 5Y
4.8
Industry
6.7
Forward
4.9
vs History
22
vs Industry
26
Median 3Y
8.8
Median 5Y
8.8
Industry
10
Forward
10.8
vs History
53
vs Industry
35
Median 3Y
5.5
Median 5Y
6.5
Industry
6.9
vs History
19
vs Industry
24
Median 3Y
11.1
Median 5Y
11.1
Industry
11.5
vs History
55
vs Industry
38
Median 3Y
1.1
Median 5Y
1.1
Industry
1

Multiples Across Competitors

CVE Competitors Multiples
Cenovus Energy Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Cenovus Energy Inc
TSX:CVE
40.7B CAD 0.8 13 5.2 11.3
SA
Saudi Arabian Oil Co
SAU:2222
6.7T SAR 4 18.4 8.2 9.3
US
Exxon Mobil Corp
NYSE:XOM
492.1B USD 1.5 16.4 8.1 13.3
US
Chevron Corp
NYSE:CVX
297.5B USD 1.6 23.3 8.5 17
CN
PetroChina Co Ltd
SSE:601857
1.8T CNY 0.6 11.1 8.9 8.9
NL
Royal Dutch Shell PLC
OTC:RYDAF
208.6B USD 0.8 14.3 4.2 7.9
UK
Shell PLC
LSE:SHEL
157.1B GBP 0.8 14.4 58.5 109.4
FR
TotalEnergies SE
PAR:TTE
120.9B EUR 0.8 10.3 4.5 6.9
CN
China Petroleum & Chemical Corp
SSE:600028
713.7B CNY 0.3 19.8 22.8 22.8
UK
BP PLC
LSE:BP
66.6B GBP 0.5 58.8 101.9 227.1
BR
Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
399.7B BRL 0.8 5.2 3 4.5