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 17,167 - -
Change - 43.08% -5.21% -11.65% -5.86% 72.96% - -
Enterprise Value (EV) 1 13,390 16,154 17,667 15,954 15,092 20,153 19,684 19,433
Change - 20.65% 9.36% -9.7% -5.4% 33.53% -2.33% -1.27%
P/E 6.33x 3.6x 5.56x 9.62x 8.2x 22.9x 8.8x 7.31x
PBR 1.71x 1.62x 1.1x 1.02x 0.89x 1.47x 1.33x 1.16x
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 1.71x 1.86x 1.76x
EV / Revenue 1.55x 1.3x 1.62x 1.74x 1.69x 2.01x 2.13x 1.99x
EV / EBITDA 4.15x 3.81x 3.93x 3.57x 3.55x 3.91x 4.01x 3.86x
EV / EBIT 6.57x 5.19x 6.17x 10.1x 13.3x 12.4x 7.04x 7.03x
EV / FCF 7.92x 7.09x 15.3x 9.17x 9.21x 8.38x 9.55x 9.87x
FCF Yield 12.6% 14.1% 6.54% 10.9% 10.9% 11.9% 10.5% 10.1%
Dividend per Share 2 0.4675 0.95 1.15 1.2 1.2 1.209 1.219 1.246
Rate of return 1.39% 1.87% 2.62% 2.96% 3.06% 1.94% 1.96% 2%
EPS 2 5.32 14.08 7.9 4.21 4.78 2.721 7.085 8.527
Distribution rate 8.79% 6.75% 14.6% 28.5% 25.1% 44.4% 17.2% 14.6%
Net sales 1 8,658 12,464 10,883 9,152 8,908 10,039 9,228 9,761
EBITDA 1 3,229 4,243 4,495 4,474 4,252 5,155 4,914 5,038
EBIT 1 2,039 3,112 2,864 1,579 1,131 1,627 2,796 2,766
Net income 1 1,416 3,637 2,085 1,125 1,242 772.5 1,870 1,985
Net Debt 1 4,591 3,565 5,734 5,411 5,167 2,986 2,517 2,267
Reference price 2 33.70 50.71 43.92 40.50 39.19 62.31 62.31 62.31
Nbr of stocks (in thousands) 261,084 248,262 271,698 260,324 253,259 275,504 - -
Announcement Date 2/24/22 2/27/23 2/27/24 2/26/25 2/23/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.9x2.01x3.91x1.94% 17.17B
11.83x2.26x5.3x2.73% 150B
12.28x3.22x6.19x3.74% 98.12B
8.45x2.57x4.54x2.92% 74.17B
7.36x2.44x3.91x1.81% 57.68B
10.79x3.56x5.2x2.18% 55.87B
9.71x1.4x4.54x2.02% 56.46B
8.41x2.44x4.67x2.53% 51.04B
12.68x3.38x5.1x5.71% 43.69B
12.72x4.12x6x1.22% 33.83B
Average 11.71x 2.74x 4.94x 2.68% 63.76B
Weighted average by Cap. 10.95x 2.68x 5.08x 2.8%

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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