Company Valuation: Ovintiv Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,799 12,589 11,933 10,543 9,925 15,605 - -
Change - 43.08% -5.21% -11.65% -5.86% 57.23% - -
Enterprise Value (EV) 1 13,390 16,154 17,667 15,954 15,092 18,593 18,154 17,975
Change - 20.65% 9.36% -9.7% -5.4% 23.2% -2.36% -0.99%
P/E 6.33x 3.6x 5.56x 9.62x 8.2x 12.4x 6.81x 5.98x
PBR 1.71x 1.62x 1.1x 1.02x 0.89x 1.24x 1.1x 0.92x
PEG - 0x -0.1x -0.2x 0.6x -2.01x 0.1x 0.4x
Capitalization / Revenue 1.02x 1.01x 1.1x 1.15x 1.11x 1.6x 1.68x 1.68x
EV / Revenue 1.55x 1.3x 1.62x 1.74x 1.69x 1.9x 1.96x 1.94x
EV / EBITDA 4.15x 3.81x 3.93x 3.57x 3.55x 3.53x 3.62x 3.55x
EV / EBIT 6.57x 5.19x 6.17x 10.1x 13.3x 9.25x 6.3x 6.31x
EV / FCF 7.92x 7.09x 15.3x 9.17x 9.21x 7.26x 8.42x 8.8x
FCF Yield 12.6% 14.1% 6.54% 10.9% 10.9% 13.8% 11.9% 11.4%
Dividend per Share 2 0.4675 0.95 1.15 1.2 - 1.217 1.21 1.281
Rate of return 1.39% 1.87% 2.62% 2.96% - 2.19% 2.18% 2.31%
EPS 2 5.32 14.08 7.9 4.21 4.78 4.485 8.152 9.291
Distribution rate 8.79% 6.75% 14.6% 28.5% - 27.1% 14.8% 13.8%
Net sales 1 8,658 12,464 10,883 9,152 8,908 9,783 9,273 9,276
EBITDA 1 3,229 4,243 4,495 4,474 4,252 5,262 5,014 5,068
EBIT 1 2,039 3,112 2,864 1,579 1,131 2,010 2,882 2,846
Net income 1 1,416 3,637 2,085 1,125 1,242 1,131 2,102 2,115
Net Debt 1 4,591 3,565 5,734 5,411 5,167 2,988 2,549 2,370
Reference price 2 33.70 50.71 43.92 40.50 39.19 55.53 55.53 55.53
Nbr of stocks (in thousands) 261,084 248,262 271,698 260,324 253,259 281,019 - -
Announcement Date 24/2/22 27/2/23 27/2/24 26/2/25 23/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.27x1.89x3.5x2.21% 15.47B
10.61x2.05x4.84x3.13% 132B
11.05x3.04x5.65x4.2% 87.23B
7.59x2.58x4.31x3.09% 71.13B
6.94x2.35x3.82x1.96% 52.02B
11.17x3.39x4.7x2.38% 51.2B
9.23x2.27x4.4x2.79% 48.47B
8.36x1.25x4.38x2.33% 48.68B
10.52x3.02x4.48x7.22% 38.67B
10.54x3.79x5.4x1.31% 31.37B
Average 9.83x 2.56x 4.55x 3.06% 57.58B
Weighted average by Cap. 9.75x 2.52x 4.69x 3.17%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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