Cenovus Energy Inc. (CVE) stock analysis
Close on Nov 11, 2026Market cap $53.51BP/E 18.6Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak2 of 30 checks passed
Cenovus Energy passes 2 of the 30 checks behind our score; 24 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 0/6
- Past performance
- 0/6
- Financial health
- 2/6
- Dividend
- 0/6
What stands out
Debt covered by cash flow
Operating cash flow over the last twelve months equals 37.3% of total debt.
Short-term assets cover short-term debts
Current assets are 1.57 times current liabilities.
What to watch
Revenue growing under 10% a year
Revenue grew -9.4% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -12.4% a year over the last three fiscal years.
Growing slower than the industry
Revenue grew -8.4% over the last twelve months; the Crude Petroleum and Natural Gas median is 8.7%.
No dividend
Cenovus Energy has not paid a dividend in the last twelve months.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth0/6
Revenue growing under 10% a year
Revenue grew -9.4% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -12.4% a year over the last three fiscal years.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing slower than the industry
Revenue grew -8.4% over the last twelve months; the Crude Petroleum and Natural Gas median is 8.7%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance0/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin against the industry
Needs revenue and net income.
Financial health2/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 37.3% of total debt.
Interest coverage
Interest expense is not reported separately.
Short-term assets cover short-term debts
Current assets are 1.57 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.
Dividend0/6
No dividend
Cenovus Energy has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Cenovus Energy. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $232.00M
- Value traded per 1% price move
- $127.57M
Downside
Medium risk
- Typical loss in a bad month
- 16.2%
- Volatility (annualized)
- 37%
- Sharpe ratio, 1 year
- 1.46
- Beta to the S&P 500 (5Y)
- 0.53
Typical bad-month loss, week by week
Margins need revenue and profit figures
This company does not report the lines needed to calculate margins.
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -8.4% | -9.4% | +29.7% | +15.7% | |
| EPS, diluted | +28.7% | -12.4% | – | +11.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 2.55 | 1.26 | 1.57 | |
| Capex to revenue | 8.8% | 6.0% | – | |
| Diluted shares | 0M | 1.23B | 1.82B |
Cash use needs five years of cash flow figures
Cenovus Energy does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zeroC$8.23B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net incomeC$8.23B vs –
- Less leverageLong-term debt to assets fell13.0% → 17.4%
- Better liquidityCurrent ratio rose1.42 → 1.57
- No dilutionShare count did not rise1.86B → 1.82B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose1.01 → 0.88
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