Cenovus Energy Inc
TSX:CVE

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Cenovus Energy Inc
TSX:CVE
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Price: 20.27 CAD 1.15% Market Closed
Market Cap: 36.9B CAD

Relative Value

The Relative Value of one CVE stock under the Base Case scenario is hidden CAD. Compared to the current market price of 20.27 CAD, Cenovus Energy Inc is hidden .

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
HIDDEN
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Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
62
Median 3Y
0.8
Median 5Y
0.8
Industry
1.3
Forward
0.7
vs History
23
vs Industry
20
Median 3Y
11
Median 5Y
11
Industry
10.4
Forward
11.6
vs History
69
vs Industry
33
Median 3Y
4.7
Median 5Y
5.4
Industry
4.9
vs History
76
vs Industry
25
Median 3Y
17.2
Median 5Y
21.8
Industry
10.4
vs History
60
vs Industry
36
Median 3Y
1.6
Median 5Y
1.4
Industry
1.2
vs History
87
vs Industry
63
Median 3Y
0.9
Median 5Y
1
Industry
1.9
Forward
0.8
vs History
9
vs Industry
58
Median 3Y
2.2
Median 5Y
2.2
Industry
4.6
vs History
60
vs Industry
36
Median 3Y
4.6
Median 5Y
4.7
Industry
6.1
Forward
4.6
vs History
25
vs Industry
26
Median 3Y
8.6
Median 5Y
8.7
Industry
8.9
Forward
11.2
vs History
69
vs Industry
35
Median 3Y
5.5
Median 5Y
6.6
Industry
6.4
vs History
23
vs Industry
24
Median 3Y
10.3
Median 5Y
10.1
Industry
10.3
vs History
60
vs Industry
38
Median 3Y
1.2
Median 5Y
1.1
Industry
1

Multiples Across Competitors

CVE Competitors Multiples
Cenovus Energy Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Cenovus Energy Inc
TSX:CVE
36.9B CAD 0.7 13.2 4.6 9.6
SA
Saudi Arabian Oil Co
SAU:2222
6.7T SAR 3.7 17.4 7.8 8.9
US
Exxon Mobil Corp
NYSE:XOM
487.8B USD 1.4 14.7 7.4 11.6
US
Chevron Corp
NYSE:CVX
258.8B USD 1.3 16.5 7.1 12.7
CN
PetroChina Co Ltd
SSE:601857
1.7T CNY 0.6 10.1 7 7
UK
Shell PLC
LSE:SHEL
162.2B GBP 0.8 16.2 114 206.5
NL
Royal Dutch Shell PLC
OTC:RYDAF
217.7B USD 0.8 16.1 4.8 8.7
FR
TotalEnergies SE
PAR:TTE
121.9B EUR 0.7 10.3 4.3 6.7
CN
China Petroleum & Chemical Corp
SSE:600028
703.4B CNY 0.2 15.5 17.2 17.2
UK
BP PLC
LSE:BP
61.4B GBP 0.4 -69.3 108.3 263.8
NO
Equinor ASA
OSE:EQNR
774.8B NOK 0.7 8.8 1.8 2.4
P/E Multiple
Earnings Growth PEG
CA
Cenovus Energy Inc
TSX:CVE
Average P/E: 13.9
13.2
18%
0.7
SA
Saudi Arabian Oil Co
SAU:2222
17.4
3%
5.8
US
Exxon Mobil Corp
NYSE:XOM
14.7
8%
1.8
US
Chevron Corp
NYSE:CVX
16.5
8%
2.1
CN
PetroChina Co Ltd
SSE:601857
10.1
0%
N/A
UK
Shell PLC
LSE:SHEL
16.2
-8%
N/A
NL
R
Royal Dutch Shell PLC
OTC:RYDAF
16.1
-8%
N/A
FR
TotalEnergies SE
PAR:TTE
10.3
8%
1.3
CN
China Petroleum & Chemical Corp
SSE:600028
15.5
6%
2.6
UK
BP PLC
LSE:BP
Negative Multiple: -69.3
66%
N/A
NO
Equinor ASA
OSE:EQNR
8.8
2%
4.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Cenovus Energy Inc
TSX:CVE
Average EV/EBITDA: 25.9
4.6
-3%
N/A
SA
Saudi Arabian Oil Co
SAU:2222
7.8
1%
7.8
US
Exxon Mobil Corp
NYSE:XOM
7.4
6%
1.2
US
Chevron Corp
NYSE:CVX
7.1
8%
0.9
CN
PetroChina Co Ltd
SSE:601857
7
22%
0.3
UK
Shell PLC
LSE:SHEL
114
-2%
N/A
NL
R
Royal Dutch Shell PLC
OTC:RYDAF
4.8
-2%
N/A
FR
TotalEnergies SE
PAR:TTE
4.3
1%
4.3
CN
China Petroleum & Chemical Corp
SSE:600028
17.2
47%
0.4
UK
BP PLC
LSE:BP
108.3
7%
15.5
NO
Equinor ASA
OSE:EQNR
1.8
-4%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Cenovus Energy Inc
TSX:CVE
Average EV/EBIT: 50.5
9.6
-2%
N/A
SA
Saudi Arabian Oil Co
SAU:2222
8.9
2%
4.4
US
Exxon Mobil Corp
NYSE:XOM
11.6
7%
1.7
US
Chevron Corp
NYSE:CVX
12.7
5%
2.5
CN
PetroChina Co Ltd
SSE:601857
7
-3%
N/A
UK
Shell PLC
LSE:SHEL
206.5
0%
N/A
NL
R
Royal Dutch Shell PLC
OTC:RYDAF
8.7
0%
N/A
FR
TotalEnergies SE
PAR:TTE
6.7
0%
N/A
CN
China Petroleum & Chemical Corp
SSE:600028
17.2
9%
1.9
UK
BP PLC
LSE:BP
263.8
15%
17.6
NO
Equinor ASA
OSE:EQNR
2.4
-4%
N/A