Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Cenovus Energy Inc. (CVE)

Company Dividend Discount ModelIndustry: Oil & Gas IntegratedSector: Energy

Valuation Snapshot

Stable Growth$115.08 - $341.52$320.05
Multi-Stage$46.93 - $51.34$49.09
Blended Fair Value$184.57
Current Price$23.65
Upside680.44%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS42.09%6.46%0.820.540.490.100.040.140.130.120.090.29
YoY Growth--52.12%9.88%411.93%128.57%-70.38%6.12%8.89%35.54%-68.56%-34.41%
Dividend Yield--4.11%1.99%2.09%0.46%0.45%5.00%1.10%1.14%0.60%1.71%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,142.00
(-) Cash Dividends Paid (M)1,381.00
(=) Cash Retained (M)1,761.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)628.40392.75235.65
Cash Retained (M)1,761.001,761.001,761.00
(-) Cash Required (M)-628.40-392.75-235.65
(=) Excess Retained (M)1,132.601,368.251,525.35
(/) Shares Outstanding (M)1,829.661,829.661,829.66
(=) Excess Retained per Share0.620.750.83
LTM Dividend per Share0.750.750.75
(+) Excess Retained per Share0.620.750.83
(=) Adjusted Dividend1.371.501.59
WACC / Discount Rate6.76%6.76%6.76%
Growth Rate5.50%6.50%7.50%
Fair Value$115.08$320.05$341.52
Upside / Downside386.59%1,253.30%1,344.06%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,142.003,346.233,563.733,795.384,042.084,304.814,433.96
Payout Ratio43.95%53.16%62.37%71.58%80.79%90.00%92.50%
Projected Dividends (M)1,381.001,778.932,222.762,716.783,265.623,874.334,101.41

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.76%6.76%6.76%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,650.651,666.301,681.95
Year 2 PV (M)1,913.751,950.211,987.00
Year 3 PV (M)2,170.422,232.722,296.21
Year 4 PV (M)2,420.762,513.852,609.61
Year 5 PV (M)2,664.892,793.602,927.24
PV of Terminal Value (M)75,039.2578,663.6782,426.81
Equity Value (M)85,859.7289,820.3593,928.82
Shares Outstanding (M)1,829.661,829.661,829.66
Fair Value$46.93$49.09$51.34
Upside / Downside98.42%107.57%117.07%

High-Yield Dividend Screener

« Prev Page 38 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
INDF.JKPT Indofood Sukses Makmur Tbk4.19%$280.0031.67%
RBD.AXRestaurant Brands New Zealand Limited4.19%$0.1842.75%
002091.SZJiangsu Guotai International Group Co., Ltd.4.18%$0.3863.98%
017390.KSSeoul City Gas Co., Ltd.4.18%$2,547.5926.43%
ALITL.PAIT Link S.A.4.18%$0.9222.65%
P9D.SICivmec Limited4.18%$0.0538.60%
PJW.BKPanjawattana Plastic Public Company Limited4.18%$0.0933.50%
123890.KSKorea Asset In Trust Co., Ltd.4.17%$100.0820.69%
2729.TWOTTFB Company Limited4.17%$7.3393.07%
6599.KLAeon Co. (M) Bhd.4.17%$0.0553.15%
6967.TWOTrans-Sun Materials Technology Company Limited4.17%$2.8579.87%
9619.SRMulti Business Group Co.4.17%$0.4315.41%
AMAR.JKPT Bank Amar Indonesia Tbk4.17%$9.1671.61%
OLVAS.HEOlvi Oyj4.17%$1.2949.21%
003570.KSSnt Dynamics Co.,Ltd.4.16%$1,868.8054.81%
090350.KSNOROO PAINT & COATINGS Co., Ltd.4.16%$349.9536.31%
3613.HKBeijing Tong Ren Tang Chinese Medicine Company Limited4.16%$0.3556.85%
ALVIV.PAVisiativ S.A.4.16%$1.5433.81%
BCH-R.BKBangkok Chain Hospital Public Company Limited4.16%$0.4383.13%
CMRECostamare Inc.4.16%$0.6524.42%
601336.SSNew China Life Insurance Company Ltd.4.15%$2.9023.52%
005500.KSSamjin Pharmaceuticals Co., Ltd.4.14%$800.5749.67%
600710.SSSumec Corporation Limited4.14%$0.4546.72%
603611.SSNoblelift Intelligent Equipment Co.,Ltd.4.14%$1.0152.65%
8463.TWRuentex Materials Co.,Ltd.4.14%$1.1051.49%
CEYE.BKChamni's Eye Public Company Limited4.14%$0.0864.18%
ORIA.PAFiducial Real Estate S.A.4.14%$6.9628.28%
SWA.DESchloss Wachenheim AG4.14%$0.6050.24%
000686.SZNortheast Securities Co., Ltd.4.13%$0.3861.41%
001680.KSDaesang Corporation4.13%$850.3931.24%
1931.HKIVD Medical Holding Limited4.13%$0.1038.64%
6183.TBELLSYSTEM24 Holdings, Inc.4.13%$59.5554.01%
PSI.AXPSC Insurance Group Limited4.13%$0.2683.22%
0QOL.LKardex Holding AG4.12%$11.3958.10%
600284.SSShanghai Pudong Construction Co.,Ltd.4.12%$0.3590.03%
004450.KSSamhwa Crown & Closure Co., Ltd4.11%$1,204.0140.73%
0KGY.LBTS Group AB (publ)4.11%$5.9033.91%
3406.TWGenius Electronic Optical Co., Ltd4.11%$17.9859.96%
ABS2.DEPORR AG4.11%$1.3446.75%
CCU.SNCompañía Cervecerías Unidas S.A.4.11%$238.7464.77%
2858.HKYixin Group Limited4.10%$0.1043.79%
4081.SRNayifat Finance Company4.10%$0.5062.31%
688628.SSUni-Trend Technology (China) Co., Ltd.4.10%$1.3187.50%
7994.TOkamura Corporation4.10%$94.0341.44%
PKN.WAPolski Koncern Naftowy ORLEN Spólka Akcyjna4.10%$4.1544.90%
TRSB.OLTrøndelag Sparebank4.10%$4.7931.67%
1409.TWShinkong Synthetic Fibers Corporation4.09%$0.6050.43%
4904.TWFar EasTone Telecommunications Co., Ltd.4.09%$3.6495.25%
601872.SSChina Merchants Energy Shipping Co., Ltd.4.09%$0.3758.88%
UGPA3.SAUltrapar Participações S.A.4.09%$0.8632.00%