Cenovus Energy Inc (CVE) vs Shell PLC Unsponsored ADR (SHEL)

Cenovus Energy Inc and Shell PLC Unsponsored ADR are both Oil & Gas Integrated companies. Shell PLC Unsponsored ADR is the larger, with a market value of $284.5B against $50.2B — 5.7× the size. Shell PLC Unsponsored ADR trades at the lower P/E: 8.6× against 10.7×. Shell PLC Unsponsored ADR grew revenue faster over the last twelve months: 20.0% against 5.47%. Cenovus Energy Inc has the higher net margin (12.3% vs 9.96%) and the lower return on invested capital (14.5% vs 15.2%). Across the 20 metrics below, Cenovus Energy Inc leads on 10 and Shell PLC Unsponsored ADR on 10.

Valuation

Metric CVE SHEL Oil & Gas Integrated median
P/E 10.66 8.60 8.84
P/S 1.33 0.86 1.10
P/B 2.09 1.41 1.43
Price to free cash flow n/m 6.98 8.19
EV/EBITDA 5.23 3.86 4.43
EV/Sales 1.43 0.94 1.48
Earnings yield 9.39% 11.63% 9.76%
Free cash flow yield (1.55%) 14.33% 7.35%

Profitability

Metric CVE SHEL Oil & Gas Integrated median
Gross margin 40.68% 28.15% 39.93%
Operating margin 17.07% 16.71% 17.07%
Net margin 12.33% 9.96% 10.24%
Free cash flow margin 22.74% 12.28% 11.16%
Return on equity 20.96% 17.34% 14.86%
Return on assets 11.01% 8.19% 7.07%
Return on invested capital 14.54% 15.18% 12.85%

Growth

Metric CVE SHEL Oil & Gas Integrated median
Revenue growth (TTM) 5.47% 19.99% 13.45%
EPS growth (last fiscal year) 26.23% 18.58% (14.54%)
Revenue growth, 5-year CAGR 29.21% 8.36% 12.04%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVE SHEL Oil & Gas Integrated median
Debt to equity 0.25 0.38 0.53
Current ratio 1.63 1.38 1.19
Net debt to EBITDA 0.80 0.61 0.80

Dividend

Metric CVE SHEL Oil & Gas Integrated median
Dividend yield 2.18% — 3.83%
Payout ratio 0.23 — 0.34

Size

Metric CVE SHEL Oil & Gas Integrated median
Market cap 50.15b 284.46b 47.17b

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