Cenovus Energy Inc
TSX:CVE

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Cenovus Energy Inc
TSX:CVE
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Price: 21.83 CAD -0.55% Market Closed
Market Cap: 40.5B CAD
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Relative Value

The Relative Value of one CVE stock under the Base Case scenario is 27.75 CAD. Compared to the current market price of 21.83 CAD, Cenovus Energy Inc is Undervalued by 21%.

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
27.75 CAD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
65
vs Industry
55
Median 3Y
0.8
Median 5Y
0.8
Industry
1.3
Forward
0.7
vs History
52
vs Industry
21
Median 3Y
11.1
Median 5Y
11
Industry
9.7
Forward
9.9
vs History
90
vs Industry
27
Median 3Y
5.3
Median 5Y
5.4
Industry
4.7
vs History
87
vs Industry
20
Median 3Y
25.1
Median 5Y
21.8
Industry
10.9
vs History
53
vs Industry
26
Median 3Y
1.6
Median 5Y
1.4
Industry
1.2
vs History
87
vs Industry
60
Median 3Y
1
Median 5Y
1
Industry
1.8
Forward
0.8
vs History
25
vs Industry
64
Median 3Y
2.1
Median 5Y
2
Industry
4.4
vs History
69
vs Industry
31
Median 3Y
4.7
Median 5Y
5.1
Industry
5.8
Forward
4.4
vs History
50
vs Industry
24
Median 3Y
8.7
Median 5Y
8.7
Industry
8.2
Forward
8.1
vs History
95
vs Industry
32
Median 3Y
6.5
Median 5Y
6.9
Industry
6.2
vs History
66
vs Industry
25
Median 3Y
10.4
Median 5Y
10
Industry
10.8
vs History
53
vs Industry
31
Median 3Y
1.2
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
39.9B CAD 0.7 10.8 4.5 8.6
SA
Saudi Arabian Oil Co
SAU:2222
6.7T SAR 3.6 15.4 7.1 7.9
US
Exxon Mobil Corp
NYSE:XOM
533.9B USD 1.6 15.8 7.9 12.2
US
Chevron Corp
NYSE:CVX
285.2B USD 1.5 17.1 7.7 14.5
NL
Royal Dutch Shell PLC
OTC:RYDAF
210.7B USD 0.7 13.5 3.7 6.9
UK
Shell PLC
LSE:SHEL
159.7B GBP 0.7 13 44 83.3
CN
PetroChina Co Ltd
SSE:601857
1.3T CNY 0.4 8 5 5
FR
TotalEnergies SE
PAR:TTE
129B EUR 0.6 6.5 3.2 4.5
CN
China Petroleum & Chemical Corp
SSE:600028
759.7B CNY 0.2 12.4 11.7 11.7
BR
Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
475.3B BRL 0.9 5.6 2.7 3.7
UK
BP PLC
LSE:BP
61.5B GBP 0.4 10.6 63 110.5

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