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 17,393 - -
Change - 43.08% -5.21% -11.65% -5.86% 75.24% - -
Enterprise Value (EV) 1 13,390 16,154 17,667 15,954 15,092 20,355 19,848 19,502
Change - 20.65% 9.36% -9.7% -5.4% 34.87% -2.49% -1.74%
P/E 6.33x 3.6x 5.56x 9.62x 8.2x 22.5x 8.85x 7.46x
PBR 1.71x 1.62x 1.1x 1.02x 0.89x 1.44x 1.27x 1.1x
PEG - 0x -0.1x -0.2x 0.6x -0.5x 0x 0.4x
Capitalization / Revenue 1.02x 1.01x 1.1x 1.15x 1.11x 1.74x 1.83x 1.75x
EV / Revenue 1.55x 1.3x 1.62x 1.74x 1.69x 2.03x 2.08x 1.96x
EV / EBITDA 4.15x 3.81x 3.93x 3.57x 3.55x 3.94x 4.04x 3.82x
EV / EBIT 6.57x 5.19x 6.17x 10.1x 13.3x 13.9x 7.64x 7.12x
EV / FCF 7.92x 7.09x 15.3x 9.17x 9.21x 8.72x 9.72x 9.95x
FCF Yield 12.6% 14.1% 6.54% 10.9% 10.9% 11.5% 10.3% 10.1%
Dividend per Share 2 0.4675 0.95 1.15 1.2 1.2 1.206 1.232 1.263
Rate of return 1.39% 1.87% 2.62% 2.96% 3.06% 1.91% 1.95% 2%
EPS 2 5.32 14.08 7.9 4.21 4.78 2.804 7.132 8.46
Distribution rate 8.79% 6.75% 14.6% 28.5% 25.1% 43% 17.3% 14.9%
Net sales 1 8,658 12,464 10,883 9,152 8,908 10,008 9,523 9,933
EBITDA 1 3,229 4,243 4,495 4,474 4,252 5,166 4,917 5,109
EBIT 1 2,039 3,112 2,864 1,579 1,131 1,464 2,598 2,741
Net income 1 1,416 3,637 2,085 1,125 1,242 789.2 1,895 2,027
Net Debt 1 4,591 3,565 5,734 5,411 5,167 2,962 2,455 2,110
Reference price 2 33.70 50.71 43.92 40.50 39.19 63.13 63.13 63.13
Nbr of stocks (in thousands) 261,084 248,262 271,698 260,324 253,259 275,504 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.03x2.07x3.99x1.91% 17.39B
11.55x2.27x5.44x2.81% 147B
12.14x3.33x6.08x3.81% 96.73B
8.56x2.8x4.79x2.82% 77.97B
13.35x3.72x5.42x2.12% 57.58B
8.04x2.65x4.16x1.76% 56.99B
9.55x1.41x4.79x2.08% 54.88B
10.69x2.56x4.88x2.61% 51.95B
12.19x3.36x4.99x6.3% 43.03B
12.4x4.02x5.78x1.25% 33.17B
Average 12.15x 2.82x 5.03x 2.75% 63.62B
Weighted average by Cap. 11.28x 2.77x 5.19x 2.86%

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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