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Cenovus Energy Inc. (NYSE: CVE) – Is this large market cap stock undervalued?

Cenovus Energy Inc. (NYSE: CVE), is firmly in the large market cap category with market cap of 11634.68. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Cenovus Energy Inc. is 13.96 (with a change from open of 5.84%), this in conjunction with a target price of 16.29. Volume today has so far reached 3805840, with an average volume of about 1723.64. The GAP for this stock, is 0.69%.

The P/E ratio is 19.77, bringing the forward P/E to a value of *TBA. The current EPS for Cenovus Energy Inc., is 0.71, with a EPS growth for this year coming to a value of -23.10%. Performance has been interesting with performance year to date coming to 10.62%.

Looking further into the growth statistics for Cenovus Energy Inc., EPS is looking like it will grow 84.70% in the next year. Looking even further it is projected to be 53.83%. Quarter over quarter is 51.30% for EPS growth and for sales growth quarter over quarter it is -56.20%. Looking at past EPS growth statistics we see that for the past five years it has been -12.00%. Sales growth for the past five years has in fact been 0.70%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 73.10%. Shares outstanding is 833.43, while shares float is at a value of 832.65. Float short for Cenovus Energy Inc. is 1.14% and the short ratio is 5.52.

In terms of debt, long term debt/equity is 0.53, while the total debt/equity comes to 0. The ability to meet these debts, means that the current ratio is 2.9, and the quick ratio is 2.4. The most recent gross margin is 41.20% and their operating margin is 7.60%. The profit margin is 6.80%.

Cenovus Energy Inc. has seen returns on assets of 3.00%, and on investment, 8.70%. Return on equity is 6.30%. Price/Earnings to growth ratio is 0.37. Price/Sales ratio is at a value of 1.34, with Price/book ratio coming to 1.31 and Price/cash is 4.05, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -2.76% and 3.22% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -18.98% and the 52 week low is 53.41%.

Cenovus Energy Inc. has a dividend yield of 1.07%, with a current price of 13.96. The ability to pay this means the payout ratio is 45.20%. This is in an industry, Oil & Gas Drilling & Exploration, with equally high dividends from other companies in this sector, which it is Basic Materials. Cenovus Energy Inc. is based in Canada.

Performance in the Oil & Gas Drilling & Exploration industry means that Cenovus Energy Inc. has seen performance for the past week of 2.20%, with performance for the month coming to -5.93%. Looking at the data for the quarter it is at a value of 1.45%, and for the half year the performance is -8.34%. Volatility for this week is 3.28% and for the month this is 2.93%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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