CVE.TO
Cenovus Energy Inc
Price:  
21.71 
CAD
Volume:  
1,104,750.00
Canada | Oil, Gas & Consumable Fuels
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CVE.TO Fair Value

135.73 %
Upside

As of 2024-12-15, the Fair Value of Cenovus Energy Inc (CVE.TO) is 51.18 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 21.71 CAD, the upside of Cenovus Energy Inc is 135.73%.

21.71 CAD
Stock Price
51.18 CAD
Fair Price
FAIR VALUE CALCULATION

CVE.TO Fair Value

Peter Lynch's formula is:

CVE.TO Fair Value
= Earnings Growth Rate x TTM EPS
CVE.TO Fair Value
= 25.00 x 2.05
CVE.TO Fair Value
= 51.18

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 2,194.00 -2,379.00 587.00 6,450.00 4,109.00 2,192.20
YoY growth 182.20% -208.43% 124.67% 998.81% -36.29% 212.19%

CVE.TO Fair Value - Key Data

Market Cap (mil) 39,653.96
P/E 10.61x
Forward P/E 10.22x
EPS 2.05
Avg earnings growth rate 212.19%
TTM earnings 3,739.00