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 $274.6B against $57.2B — 4.8× the size. Shell PLC Unsponsored ADR trades at the lower P/E: 10.5× against 11.9×. Shell PLC Unsponsored ADR grew revenue faster over the last twelve months: 10.1% against 5.47%. Cenovus Energy Inc has the higher net margin (12.3% vs 8.55%) and the higher return on invested capital (14.5% vs 13.1%). Both pay a dividend; Shell PLC Unsponsored ADR yields more (4.38% vs 2.41%). Across the 21 metrics below, Cenovus Energy Inc leads on 11 and Shell PLC Unsponsored ADR on 10.

Valuation

Metric CVE SHEL Oil & Gas Integrated median
P/E 11.88 10.46 11.88
P/S 1.48 0.88 1.20
P/B 2.33 1.47 1.56
Price to free cash flow n/m 8.14 9.74
EV/EBITDA 5.78 4.27 4.94
EV/Sales 1.59 0.99 1.57
Earnings yield 8.42% 9.56% 7.58%
Free cash flow yield (1.39%) 12.29% 6.71%

Profitability

Metric CVE SHEL Oil & Gas Integrated median
Gross margin 40.68% 27.55% 39.18%
Operating margin 17.07% 14.81% 14.90%
Net margin 12.33% 8.55% 8.76%
Free cash flow margin 22.74% 10.81% 9.61%
Return on equity 20.96% 14.24% 12.22%
Return on assets 11.01% 6.76% 6.47%
Return on invested capital 14.54% 13.13% 10.61%

Growth

Metric CVE SHEL Oil & Gas Integrated median
Revenue growth (TTM) 5.47% 10.06% 5.63%
EPS growth (last fiscal year) 26.23% 18.58% —
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 0.40 0.55
Current ratio 1.63 1.43 1.18
Net debt to EBITDA 0.80 0.61 0.80

Dividend

Metric CVE SHEL Oil & Gas Integrated median
Dividend yield 2.41% 4.38% 5.01%
Payout ratio 0.29 0.26 0.29

Size

Metric CVE SHEL Oil & Gas Integrated median
Market cap 57.17b 274.55b 51.12b

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