OvintivOVV +0.64%63 EV-to-FCF is 13.39 as of Jul. 06, 2026, which is 30% above its 10-year median of 10.32. GuruFocus rates OVV with a GF Score™ of 63/100 and a GF Value™ of $39.41 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 578 Oil & Gas companies, Ovintiv ranks better than 57.09% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ovintiv's Enterprise Value is $22,762 Mil.
Ovintiv's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,700 Mil. Therefore, Ovintiv's EV-to-FCF for today is 13.39.
The historical rank and industry rank for Ovintiv's EV-to-FCF or its related term are showing as below:
OVV'
s EV-to-FCF Range Over the Past 10 Years
Min: -885.81 Med: 10.32 Max: 96.06
Current: 13.39
During the past 13 years, the highest EV-to-FCF of Ovintiv was 96.06. The lowest was -885.81. And the median was 10.32.
OVV's EV-to-FCF is ranked better than 57.09% of 578
companies
in the Oil & Gas industry
Industry Median: 15.445
vs OVV: 13.39
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ovintiv's share price for today is $53.30.
Ovintiv's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.050.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ovintiv EV-to-FCF Related Terms
Ovintiv EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Ovintiv's EV-to-FCF 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.
For the Oil & Gas E&P subindustry, Ovintiv's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Ovintiv EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ovintiv's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ovintiv's EV-to-FCF falls into.
Ovintiv's current Enterprise Value is $22,762 Mil.
Ovintiv's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,700 Mil.
* 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.
Ovintiv (OVV) has a EV-to-FCF of 13.39 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ovintiv and its competitors. This is 30% above median its historical median of 10.32. According to the industry distribution chart, Ovintiv ranks #248 out of 578 companies in the Oil & Gas industry, placing it in the top 42.9%.
Is Ovintiv's EV-to-FCF too high?
Ovintiv's current EV-to-FCF of 13.39 is 30% above median its 10-year median of 10.32. The Oil & Gas industry median EV-to-FCF is 15.45. Ovintiv's value of 13.39 is 13.3% below this industry median. Based on the distribution chart, Ovintiv ranks #248 out of 578 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ovintiv has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ovintiv's EV-to-FCF compare to PR and APA?
According to the Oil & Gas industry distribution chart, Ovintiv ranks #248 out of 578 companies for EV-to-FCF. This puts Ovintiv in the upper half of its industry. The industry median EV-to-FCF is 15.45. Ovintiv's value of 13.39 is 13.3% below this benchmark. While the company's 10-year median is 10.32 vs. the industry median of 15.45, Ovintiv has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.45, based on 578 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ovintiv's current EV-to-FCF of 13.39 is 13.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ovintiv and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovintiv's current EV-to-FCF is 13.39, which is 30% above median its own 10-year median of 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovintiv stock overvalued right now?
Based on GuruFocus' analysis, Ovintiv (OVV) is currently considered Significantly Overvalued. The stock's GF Value™ is $39.41, compared to a current price of $53.30 — trading 35.2% above its estimated fair value. The current EV-to-FCF is 13.39, which is 30% above median its 10-year median of 10.32 and 13.3% below the Oil & Gas industry median of 15.45. Ovintiv's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ovintiv (OVV), the current EV-to-FCF is 13.39 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ovintiv (OVV) Overvalued in 2026?
Based on GuruFocus' analysis, Ovintiv stock appears to be overvalued.
The current stock price of $53.30 is trading 35.2% above its estimated GF Value™ of $39.41.
GuruFocus considers Ovintiv to be Significantly Overvalued.
Key valuation signals for OVV:
EV-to-FCF: 13.39 (30% above median its 10-year median of 10.32)
GF Value™: $39.41 vs. price of $53.30 (35.2% above fair value)
Industry Position: 13.3% below the Oil & Gas median (#248 of 578)
No single metric tells the full story. See the OVV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ovintiv Inc is a North American oil and natural gas exploration and production company focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs, and natural gas. The company has two operating segments: USA Operations and Canadian Operations. USA Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within the United States. Canadian Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within Canada. The company generates the majority of its revenue from USA Operations.
63GF Score
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