Cenovus Energy Inc
TSX:CVE

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Cenovus Energy Inc
TSX:CVE
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Price: 19.16 CAD -0.21% Market Closed
Market Cap: 34.9B CAD

Relative Value

The Relative Value of one CVE stock under the Base Case scenario is 26.46 CAD. Compared to the current market price of 19.16 CAD, Cenovus Energy Inc is Undervalued by 28%.

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
26.46 CAD
Undervaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
80
vs Industry
62
Median 3Y
0.8
Median 5Y
0.8
Industry
1.3
Forward
0.7
vs History
26
vs Industry
20
Median 3Y
11
Median 5Y
11
Industry
10.7
Forward
11
vs History
80
vs Industry
33
Median 3Y
4.7
Median 5Y
5.4
Industry
4.9
vs History
79
vs Industry
25
Median 3Y
15.2
Median 5Y
21.8
Industry
10.4
vs History
66
vs Industry
36
Median 3Y
1.6
Median 5Y
1.4
Industry
1.2
vs History
92
vs Industry
63
Median 3Y
0.9
Median 5Y
1
Industry
1.9
Forward
0.8
vs History
15
vs Industry
58
Median 3Y
2.2
Median 5Y
2.2
Industry
4.7
vs History
68
vs Industry
36
Median 3Y
4.6
Median 5Y
4.7
Industry
6.2
Forward
4.4
vs History
31
vs Industry
26
Median 3Y
8.7
Median 5Y
8.7
Industry
8.9
Forward
10.7
vs History
76
vs Industry
35
Median 3Y
5.4
Median 5Y
6.6
Industry
6.5
vs History
25
vs Industry
24
Median 3Y
10.3
Median 5Y
10.2
Industry
10.5
vs History
66
vs Industry
38
Median 3Y
1.1
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
34.9B CAD 0.6 12.5 4.4 9.2
SA
Saudi Arabian Oil Co
SAU:2222
6.7T SAR 3.7 17.4 7.8 8.9
US
Exxon Mobil Corp
NYSE:XOM
483.6B USD 1.4 14.6 7.4 11.5
US
Chevron Corp
NYSE:CVX
259.1B USD 1.3 16.5 7.1 12.7
CN
PetroChina Co Ltd
SSE:601857
1.6T CNY 0.5 9.5 6.6 6.6
UK
Shell PLC
LSE:SHEL
158.1B GBP 0.8 16 114 206.4
NL
Royal Dutch Shell PLC
OTC:RYDAF
213.4B USD 0.8 15.8 4.7 8.5
FR
TotalEnergies SE
PAR:TTE
117.6B EUR 0.7 10.2 4.2 6.6
CN
China Petroleum & Chemical Corp
SSE:600028
688.9B CNY 0.2 15.2 17 17
UK
BP PLC
LSE:BP
59.4B GBP 0.4 -67.9 108.3 263.7
BR
Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
414B BRL 0.8 8.6 3.4 4.9