CVE.TO
Cenovus Energy Inc
Price:  
37.37 
CAD
Volume:  
3,547,452.00
Canada | Oil, Gas & Consumable Fuels
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CVE.TO Fair Value

39.84 %
Upside

What is the fair value of CVE.TO?

As of 2026-04-08, the Fair Value of Cenovus Energy Inc (CVE.TO) is 52.26 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 37.37 CAD, the upside of Cenovus Energy Inc is 39.84%.

Is CVE.TO a good investment?

With the market price of 37.37 CAD and our fair value calculation, Cenovus Energy Inc (CVE.TO) is a good investment. Investing in CVE.TO stocks now will result in a potential gain of 39.84%.

37.37 CAD
Stock Price
52.26 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 2.09
CVE.TO Fair Value
= 52.26

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
2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31 5Y Avg
Net income 587.00 6,450.00 4,109.00 3,142.00 3,930.00 3,643.60
YoY growth 124.67% 998.81% -36.29% -23.53% 25.08% 217.75%

CVE.TO Fair Value - Key Data

Market Cap (mil) 70,258.22
P/E 17.88x
Forward P/E 21.16x
EPS 2.09
Avg earnings growth rate 217.75%
TTM earnings 3,930.00