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Cenovus EnergyTSX:CVE -0.95%65 5-Year Yield-on-Cost % is 33.49 as of Jul. 15, 2026, which is 13% above its 10-year median of 29.51. GuruFocus rates TSX:CVE with a GF Score™ of 65/100 and a GF Value™ of C$22.15 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 504 Oil & Gas companies, Cenovus Energy ranks better than 96.63% on this metric.
Cenovus Energy's yield on cost for the quarter that ended in Mar. 2026 was 33.49.
The historical rank and industry rank for Cenovus Energy's 5-Year Yield-on-Cost % or its related term are showing as below:
TSX:CVE'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.39 Med: 29.51 Max: 144.5
Current: 33.49
During the past 13 years, Cenovus Energy's highest Yield on Cost was 144.50. The lowest was 2.39. And the median was 29.51.
TSX:CVE's 5-Year Yield-on-Cost % is ranked better than 96.63% of 504
companies
in the Oil & Gas industry
Industry Median: 5.135
vs TSX:CVE: 33.49
Cenovus Energy (TSX:CVE) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Cenovus Energy 5-Year Yield-on-Cost % Related Terms
TSX:CVE vs XOM, CVX: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Integrated subindustry, Cenovus Energy's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cenovus Energy's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Cenovus Energy's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Cenovus Energy is calculated as
Cenovus Energy (TSX:CVE) has a 5-Year Yield-on-Cost % of 33.49 as of Jul. 15, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Cenovus Energy and its competitors. This is 13% above median its historical median of 29.51. Over the past decade, Cenovus Energy's 5-Year Yield-on-Cost % has ranged from 2.39 to 144.50. According to the industry distribution chart, Cenovus Energy ranks #17 out of 504 companies in the Oil & Gas industry, placing it in the top 3.4%.
Is Cenovus Energy's 5-Year Yield-on-Cost % too high?
Cenovus Energy's current 5-Year Yield-on-Cost % of 33.49 is 13% above median its 10-year median of 29.51. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 144.50. The Oil & Gas industry median 5-Year Yield-on-Cost % is 5.14. Cenovus Energy's value of 33.49 is 552.2% above this industry median. Based on the distribution chart, Cenovus Energy ranks #17 out of 504 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cenovus Energy has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's 5-Year Yield-on-Cost % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #17 out of 504 companies for 5-Year Yield-on-Cost %. This places Cenovus Energy in the top 3% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 5.14. Cenovus Energy's value of 33.49 is 552.2% above this benchmark. Historically, Cenovus Energy's own 5-Year Yield-on-Cost % has ranged from 2.39 to 144.50 over the past decade. While the company's 10-year median is 29.51 vs. the industry median of 5.14, Cenovus Energy has consistently been above 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 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 5.14, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current 5-Year Yield-on-Cost % of 33.49 is 552.2% above 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current 5-Year Yield-on-Cost % is 33.49, which is 13% above median its own 10-year median of 29.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Based on GuruFocus' analysis, Cenovus Energy (TSX:CVE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$22.15, compared to a current price of C$38.75 — trading 74.9% above its estimated fair value. The current 5-Year Yield-on-Cost % is 33.49, which is 13% above median its 10-year median of 29.51 and 552.2% above the Oil & Gas industry median of 5.14. Cenovus Energy's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current 5-Year Yield-on-Cost % is 33.49 as of Jul. 15, 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 Cenovus Energy (TSX:CVE) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of C$38.75 is trading 74.9% above its estimated GF Value™ of C$22.15.
GuruFocus considers Cenovus Energy to be Significantly Overvalued.
Key valuation signals for TSX:CVE:
5-Year Yield-on-Cost %: 33.49 (13% above median its 10-year median of 29.51)
GF Value™: C$22.15 vs. price of C$38.75 (74.9% above fair value)
Industry Position: 552.2% above the Oil & Gas median (#17 of 504)
No single metric tells the full story. See the TSX:CVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
65GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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