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 15,751 - -
Change - 43.08% -5.21% -11.65% -5.86% 58.7% - -
Enterprise Value (EV) 1 13,390 16,154 17,667 15,954 15,092 18,706 18,249 17,882
Change - 20.65% 9.36% -9.7% -5.4% 23.95% -2.45% -2.01%
P/E 6.33x 3.6x 5.56x 9.62x 8.2x 13.7x 7.14x 5.94x
PBR 1.71x 1.62x 1.1x 1.02x 0.89x 1.26x 1.12x 0.93x
PEG - 0x -0.1x -0.2x 0.6x -0.9x 0.1x 0.3x
Capitalization / Revenue 1.02x 1.01x 1.1x 1.15x 1.11x 1.64x 1.73x 1.69x
EV / Revenue 1.55x 1.3x 1.62x 1.74x 1.69x 1.95x 2.01x 1.92x
EV / EBITDA 4.15x 3.81x 3.93x 3.57x 3.55x 3.64x 3.7x 3.51x
EV / EBIT 6.57x 5.19x 6.17x 10.1x 13.3x 9.23x 6.56x 6.28x
EV / FCF 7.92x 7.09x 15.3x 9.17x 9.21x 7.49x 8.65x 8.74x
FCF Yield 12.6% 14.1% 6.54% 10.9% 10.9% 13.3% 11.6% 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% 2.17% 2.16% 2.27%
EPS 2 5.32 14.08 7.9 4.21 4.78 4.083 7.849 9.435
Distribution rate 8.79% 6.75% 14.6% 28.5% 25.1% 29.8% 15.4% 13.5%
Net sales 1 8,658 12,464 10,883 9,152 8,908 9,607 9,099 9,293
EBITDA 1 3,229 4,243 4,495 4,474 4,252 5,136 4,931 5,096
EBIT 1 2,039 3,112 2,864 1,579 1,131 2,028 2,781 2,849
Net income 1 1,416 3,637 2,085 1,125 1,242 1,006 1,990 2,058
Net Debt 1 4,591 3,565 5,734 5,411 5,167 2,955 2,498 2,131
Reference price 2 33.70 50.71 43.92 40.50 39.19 56.05 56.05 56.05
Nbr of stocks (in thousands) 2,61,084 2,48,262 2,71,698 2,60,324 2,53,259 2,81,019 - -
Announcement Date 24/02/22 27/02/23 27/02/24 26/02/25 23/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.79x1.96x3.65x2.16% 1.58TCr
10.98x2.15x5.09x3.02% 14TCr
11.05x3.06x5.7x4.16% 8.88TCr
7.84x2.66x4.49x2.99% 7.35TCr
8x2.55x4.06x1.88% 5.43TCr
12.63x3.53x5.08x2.27% 5.36TCr
8.79x1.32x4.58x2.21% 5.16TCr
9.53x2.4x4.59x2.71% 5.01TCr
10.92x3.12x4.62x6.96% 4.01TCr
10.43x3.82x5.44x1.32% 3.12TCr
Average 10.40x 2.66x 4.73x 2.97% 5.95TCr
Weighted average by Cap. 10.21x 2.61x 4.88x 3.07%

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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