Cenovus Energy Inc
TSX:CVE

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Cenovus Energy Inc
TSX:CVE
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Price: 16.52 CAD 1.79%
Market Cap: 30.1B CAD

Relative Value

The Relative Value of one CVE stock under the Base Case scenario is 26.69 CAD. Compared to the current market price of 16.52 CAD, Cenovus Energy Inc is Undervalued by 38%.

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
26.69 CAD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
83
vs Industry
62
Median 3Y
0.8
Median 5Y
0.8
Industry
1.2
Forward
0.6
vs History
67
vs Industry
20
Median 3Y
11
Median 5Y
11
Industry
9.8
Forward
9.7
vs History
93
vs Industry
33
Median 3Y
4.9
Median 5Y
5.4
Industry
4.6
vs History
96
vs Industry
25
Median 3Y
17.5
Median 5Y
21.8
Industry
9.9
vs History
69
vs Industry
36
Median 3Y
1.6
Median 5Y
1.4
Industry
1.1
vs History
96
vs Industry
63
Median 3Y
0.9
Median 5Y
1
Industry
1.8
Forward
0.7
vs History
48
vs Industry
58
Median 3Y
2.1
Median 5Y
2.1
Industry
4.4
vs History
82
vs Industry
36
Median 3Y
4.6
Median 5Y
4.7
Industry
5.9
Forward
3.5
vs History
62
vs Industry
26
Median 3Y
8.6
Median 5Y
8.7
Industry
8.3
Forward
7.3
vs History
98
vs Industry
35
Median 3Y
5.7
Median 5Y
6.6
Industry
6.2
vs History
62
vs Industry
24
Median 3Y
10.2
Median 5Y
9.5
Industry
10.6
vs History
72
vs Industry
38
Median 3Y
1.2
Median 5Y
1.1
Industry
0.9

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
30.8B CAD 0.6 9.7 3.8 7.4
SA
Saudi Arabian Oil Co
SAU:2222
6.7T SAR 3.7 17 7.7 8.7
US
Exxon Mobil Corp
NYSE:XOM
464.6B USD 1.4 13.6 7.1 11
US
Chevron Corp
NYSE:CVX
243.9B USD 1.2 13.6 6.1 10.4
CN
PetroChina Co Ltd
SSE:601857
1.5T CNY 0.5 8.9 5.8 5.8
UK
Shell PLC
LSE:SHEL
149.4B GBP 0.7 12.3 49.6 88.5
NL
Royal Dutch Shell PLC
OTC:RYDAF
195.7B USD 0.7 12.2 3.7 6.6
FR
TotalEnergies SE
PAR:TTE
115B EUR 0.7 8.4 3.7 5.6
CN
China Petroleum & Chemical Corp
SSE:600028
686.5B CNY 0.2 15.2 16.9 16.9
UK
BP PLC
LSE:BP
54.7B GBP 0.4 -61 108 262.9
BR
Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
386.5B BRL 0.8 4.6 2.3 3.2