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 18,022 17,975
Change - 20.65% 9.36% -9.7% -5.4% 23.2% -3.07% -0.26%
P/E 6.33x 3.6x 5.56x 9.62x 8.2x 12.9x 6.78x 5.81x
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 -1.3x 0.1x 0.3x
Capitalization / Revenue 1.02x 1.01x 1.1x 1.15x 1.11x 1.61x 1.67x 1.66x
EV / Revenue 1.55x 1.3x 1.62x 1.74x 1.69x 1.91x 1.93x 1.91x
EV / EBITDA 4.15x 3.81x 3.93x 3.57x 3.55x 3.56x 3.59x 3.51x
EV / EBIT 6.57x 5.19x 6.17x 10.1x 13.3x 9.48x 6.19x 6.2x
EV / FCF 7.92x 7.09x 15.3x 9.17x 9.21x 7.26x 8.36x 8.8x
FCF Yield 12.6% 14.1% 6.54% 10.9% 10.9% 13.8% 12% 11.4%
Dividend per Share 2 0.4675 0.95 1.15 1.2 1.2 1.217 1.21 1.271
Rate of return 1.39% 1.87% 2.62% 2.96% 3.06% 2.19% 2.18% 2.29%
EPS 2 5.32 14.08 7.9 4.21 4.78 4.292 8.184 9.564
Distribution rate 8.79% 6.75% 14.6% 28.5% 25.1% 28.4% 14.8% 13.3%
Net sales 1 8,658 12,464 10,883 9,152 8,908 9,711 9,316 9,395
EBITDA 1 3,229 4,243 4,495 4,474 4,252 5,229 5,022 5,121
EBIT 1 2,039 3,112 2,864 1,579 1,131 1,962 2,912 2,901
Net income 1 1,416 3,637 2,085 1,125 1,242 1,098 2,122 2,135
Net Debt 1 4,591 3,565 5,734 5,411 5,167 2,988 2,417 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 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.($)
10.71x2.08x4.99x3.1% 133B
10.88x3.02x5.61x4.22% 86.96B
7.62x2.59x4.36x3.08% 71.43B
7.02x2.37x3.86x1.94% 52.61B
11.25x3.41x4.77x2.36% 51.59B
8.47x1.28x4.43x2.29% 49.45B
9.28x2.28x4.45x2.78% 48.71B
10.45x3x4.45x7.27% 38.41B
5.9x1.56x3.64x5.35% 32.23B
Average 9.06x 2.40x 4.50x 3.6% 62.69B
Weighted average by Cap. 9.44x 2.42x 4.67x 3.41%

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