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Cenovus Energy (Cenovus Energy) Price-to-Free-Cash-Flow

: 16.78 (As of Today)
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As of today (2024-04-16), Cenovus Energy's share price is $20.635. Cenovus Energy's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.23. Hence, Cenovus Energy's Price-to-Free-Cash-Flow Ratio for today is 16.78.

The historical rank and industry rank for Cenovus Energy's Price-to-Free-Cash-Flow or its related term are showing as below:

CVE' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.37   Med: 14.35   Max: 2024.29
Current: 17.23

During the past 13 years, Cenovus Energy's highest Price-to-Free-Cash-Flow Ratio was 2024.29. The lowest was 1.37. And the median was 14.35.

CVE's Price-to-Free-Cash-Flow is ranked worse than
72.85% of 593 companies
in the Oil & Gas industry
Industry Median: 10.14 vs CVE: 17.23

Cenovus Energy's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.70. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.23.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Cenovus Energy was -57.90% per year.

During the past 13 years, Cenovus Energy's highest 3-Year average Free Cash Flow per Share Growth Rate was 37.40% per year. The lowest was -97.60% per year. And the median was -0.90% per year.


Cenovus Energy Price-to-Free-Cash-Flow Historical Data

The historical data trend for Cenovus Energy's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cenovus Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.72 - 9.45 6.89 13.76

Cenovus Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.89 8.44 9.93 18.42 13.76

Competitive Comparison

For the Oil & Gas Integrated subindustry, Cenovus Energy's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cenovus Energy Price-to-Free-Cash-Flow Distribution

For the Oil & Gas industry and Energy sector, Cenovus Energy's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Cenovus Energy's Price-to-Free-Cash-Flow falls into.



Cenovus Energy Price-to-Free-Cash-Flow Calculation

Cenovus Energy's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=20.635/1.23
=16.78

Cenovus Energy's Share Price of today is $20.635.
Cenovus Energy's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.23.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Cenovus Energy  (NYSE:CVE) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Cenovus Energy Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Cenovus Energy's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Cenovus Energy (Cenovus Energy) Business Description

Address
225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
Cenovus Energy is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.