Ovintiv Valuation
| OVV Stock | CAD 57.68 1.09 1.85% |
At this time, the company appears to be overvalued. Ovintiv holds a recent Real Value of C$48.42 per share. The prevailing price of the company is C$57.68. Our model determines the value of Ovintiv from analyzing the company fundamentals such as Shares Outstanding of 260.32 M, operating margin of 0.24 %, and Return On Equity of 0.2 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Ovintiv's valuation include:
Price Book 0.9911 | Enterprise Value 24.6 B | Enterprise Value Ebitda 3.3088 | Price Sales 1.5703 | Forward PE 10.02 |
Overvalued
Today
Please note that Ovintiv's price fluctuation is very steady at this time. Calculation of the real value of Ovintiv is based on 3 months time horizon. Increasing Ovintiv's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Ovintiv is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ovintiv Stock. However, Ovintiv's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 57.68 | Real 48.42 | Hype 57.78 | Naive 54.43 |
The intrinsic value of Ovintiv's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ovintiv's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Ovintiv helps investors to forecast how Ovintiv stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ovintiv more accurately as focusing exclusively on Ovintiv's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Ovintiv's intrinsic value based on its ongoing forecasts of Ovintiv's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Ovintiv's closest peers.
Ovintiv Cash |
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Ovintiv Valuation Trend
Knowing Ovintiv's actual value is paramount for traders when making sound investment determinations. Using both Ovintiv's enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Ovintiv Total Value Analysis
Ovintiv is now anticipated to have takeover price of 24.62 B with market capitalization of 15.59 B, debt of 6.68 B, and cash on hands of 5 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Ovintiv fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
24.62 B | 15.59 B | 6.68 B | 5 M |
Ovintiv Investor Information
About 84.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.99. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Ovintiv has Price/Earnings To Growth (PEG) ratio of 0.06. The entity recorded earning per share (EPS) of 10.53. The firm last dividend was issued on the 13th of December 2024. Ovintiv had 1:5 split on the 27th of January 2020. Based on the key indicators related to Ovintiv's liquidity, profitability, solvency, and operating efficiency, Ovintiv is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in January.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Total Cash From Operating Activities | 3.1 B | 4.2 B |
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Ovintiv Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Ovintiv has an asset utilization ratio of 54.45 percent. This suggests that the Company is making C$0.54 for each dollar of assets. An increasing asset utilization means that Ovintiv is more efficient with each dollar of assets it utilizes for everyday operations.Ovintiv Ownership Allocation
Ovintiv owns a total of 260.32 Million outstanding shares. The majority of Ovintiv outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Ovintiv to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ovintiv. Please pay attention to any change in the institutional holdings of Ovintiv as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.Ovintiv Profitability Analysis
The company reported the revenue of 10.88 B. Net Income was 2.08 B with profit before overhead, payroll, taxes, and interest of 7.28 B.Ovintiv Past Distributions to stockholders
About Ovintiv Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Ovintiv. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Ovintiv based exclusively on its fundamental and basic technical indicators. By analyzing Ovintiv's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Ovintiv's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ovintiv. We calculate exposure to Ovintiv's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Ovintiv's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 5.9 B | 4.4 B | |
| Pretax Profit Margin | 0.24 | 0.25 | |
| Operating Profit Margin | 0.27 | 0.25 | |
| Net Profit Margin | 0.20 | 0.21 | |
| Gross Profit Margin | 0.47 | 0.43 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ovintiv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Ovintiv Stock, please use our How to Invest in Ovintiv guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.