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 18,161 - -
Change - 43.08% -5.21% -11.65% -5.86% 82.98% - -
Enterprise Value (EV) 1 13,390 16,154 17,667 15,954 15,092 21,117 20,646 20,362
Change - 20.65% 9.36% -9.7% -5.4% 39.92% -2.23% -1.37%
P/E 6.33x 3.6x 5.56x 9.62x 8.2x 24.2x 9.3x 7.73x
PBR 1.71x 1.62x 1.1x 1.02x 0.89x 1.54x 1.41x 1.23x
PEG - 0x -0.1x -0.2x 0.6x -0.6x 0x 0.4x
Capitalization / Revenue 1.02x 1.01x 1.1x 1.15x 1.11x 1.78x 1.95x 1.83x
EV / Revenue 1.55x 1.3x 1.62x 1.74x 1.69x 2.07x 2.21x 2.05x
EV / EBITDA 4.15x 3.81x 3.93x 3.57x 3.55x 4.07x 4.18x 4x
EV / EBIT 6.57x 5.19x 6.17x 10.1x 13.3x 12.5x 7.34x 7.3x
EV / FCF 7.92x 7.09x 15.3x 9.17x 9.21x 8.49x 9.88x 10x
FCF Yield 12.6% 14.1% 6.54% 10.9% 10.9% 11.8% 10.1% 9.98%
Dividend per Share 2 0.4675 0.95 1.15 1.2 1.2 1.208 1.219 1.246
Rate of return 1.39% 1.87% 2.62% 2.96% 3.06% 1.83% 1.85% 1.89%
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 10,187 9,326 9,936
EBITDA 1 3,229 4,243 4,495 4,474 4,252 5,190 4,943 5,086
EBIT 1 2,039 3,112 2,864 1,579 1,131 1,686 2,811 2,789
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 2,955 2,485 2,201
Reference price 2 33.70 50.71 43.92 40.50 39.19 65.92 65.92 65.92
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.($)
12.56x2.4x5.49x2.55% 160B
12.71x3.35x6.38x3.54% 105B
8.94x2.72x4.76x2.75% 78.79B
7.7x2.53x4.01x1.73% 60.09B
9.9x1.43x4.71x1.95% 59.43B
12.4x3.71x5.26x2.12% 57.57B
9.78x2.58x5.02x2.35% 55.46B
13.21x3.5x5.29x5.46% 45.53B
6.38x1.61x3.98x5.18% 36.25B
Average 10.40x 2.65x 4.99x 3.07% 73.12B
Weighted average by Cap. 10.92x 2.68x 5.18x 2.89%

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