CVE vs FLEX

Comparison between Cenovus Energy Inc (CVE, Company) and Flex Ltd (FLEX, Company).

CVE is from the Energy sector, while FLEX is from the Technology sector.

5-Year PerformanceFLEX has outperformed CVE, delivering a return of +70.1% compared to +27.6%

CVE vs FLEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CVE(COMPANY)	FLEX(COMPANY)
Market Cap	$53B	$53B
Max Drawdown	96.02%	96.37%
Sharpe Ratio	2.42	2.32
5Y Beta	0.84	1.83
Industry	Oil & Gas Integrated	Electronic Components
P/E Ratio	15.46	61.24
Forward P/E	8.94	32.79
PEG Ratio	0.23	6.27
Dividend Yield	2.69%	N/A
5Y Dividends CAGR	119.23%	N/A
5Y EPS CAGR	N/A	14.05%
Debt to Equity	42.29%	72.92%
Free Cash Flow Yield	5.97%	1.97%
P/S Ratio	1.08	1.91
P/B Ratio	2.23	10.38

Market Cap

CVE

$53B

Winner

FLEX

$53B

Max Drawdown

Winner

CVE

96.02%

FLEX

96.37%

Sharpe Ratio

Winner

CVE

2.42

FLEX

2.32

5Y Beta

Winner

CVE

0.84

FLEX

1.83

Industry

CVE

Oil & Gas Integrated

FLEX

Electronic Components

P/E Ratio

Winner

CVE

15.46

FLEX

61.24

Forward P/E

Winner

CVE

8.94

FLEX

32.79

PEG Ratio

Winner

CVE

0.23

FLEX

6.27

Dividend Yield

CVE

2.69%

FLEX

N/A

5Y Dividends CAGR

CVE

119.23%

FLEX

N/A

5Y EPS CAGR

CVE

N/A

FLEX

14.05%

Debt to Equity

Winner

CVE

42.29%

FLEX

72.92%

Free Cash Flow Yield

Winner

CVE

5.97%

FLEX

1.97%

P/S Ratio

Winner

CVE

1.08

FLEX

1.91

P/B Ratio

Winner

CVE

2.23

FLEX

10.38

CVE vs FLEX - Historical Returns

Returns include dividend reinvestment.

Period	CVE	FLEX
1 month	-7.29%	+57.51%
3 months	+21.93%	+139.21%
6 months	+56.43%	+143.42%
1 year	+120.82%	+256.95%
5 years(CAGR)	+27.59%	+70.09%
10 years(CAGR)	+8.41%	+35.75%
Max(CAGR)	+3.38%	+10.79%

CVE

-7.29%

Winner

FLEX

+57.51%

CVE

+21.93%

Winner

FLEX

+139.21%

CVE

+56.43%

Winner

FLEX

+143.42%

CVE

+120.82%

Winner

FLEX

+256.95%

5Y(CAGR)

CVE

+27.59%

Winner

FLEX

+70.09%

10Y(CAGR)

CVE

+8.41%

Winner

FLEX

+35.75%

Max(CAGR)

CVE

+3.38%

Winner

FLEX

+10.79%

CVE vs FLEX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CVE	FLEX
2026	+62.06%	+138.57%
2025	+14.53%	+56.45%
2024	-5.45%	+125.22%
2023	-6.75%	+41.28%
2022	+56.46%	+15.50%
2021	+100.10%	+2.52%
2020	-39.41%	+40.69%
2019	+42.28%	+59.95%
2018	-26.42%	-58.26%
2017	-38.78%	+24.93%
2016	+23.43%	+29.40%
2015	-35.68%	+0.99%
2014	-23.99%	+45.01%
2013	-13.39%	+21.79%
2012	-0.11%	+6.52%
2011	+1.74%	-29.60%
2010	+28.53%	+6.66%
2009	+1.62%	+158.31%
2008	N/A	-78.03%
2007	N/A	+5.88%
2006	N/A	+10.17%
2005	N/A	-22.67%
2004	N/A	-8.17%
2003	N/A	+61.75%
2002	N/A	-67.23%
2001	N/A	-0.58%
2000	N/A	+25.97%
1999	N/A	+29.87%

CVE vs FLEX Drawdown Comparison

The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.

The maximum drawdown for FLEX was -96.37%, occurring on Nov 20, 2008. Recovery took 5887 trading sessions.

The current CVE drawdown is -11.23%. The current FLEX drawdown is -6.19%.

Rank	CVE	FLEX
#1	-94.85% Jul 22, 2011 - Apr 29, 2026	-96.37% Sep 6, 2000 - Feb 1, 2024
#2	-18.93% Apr 14, 2010 - Oct 13, 2010	-40.73% Mar 28, 2000 - Jul 13, 2000
#3	-16.58% Apr 8, 2011 - Jul 22, 2011	-39.99% Jan 22, 2025 - Jun 17, 2025
#4	-13.30% May 19, 2026 - May 29, 2026	-18.38% Dec 10, 2025 - Apr 8, 2026
#5	-12.97% Jan 4, 2010 - Apr 1, 2010	-17.54% Oct 29, 2025 - Dec 8, 2025
#6	-10.99% Mar 2, 2011 - Apr 1, 2011	-17.36% Jul 17, 2000 - Sep 5, 2000
#7	-9.62% Nov 27, 2009 - Jan 4, 2010	-16.81% May 30, 2024 - Sep 26, 2024
#8	-7.42% Oct 13, 2010 - Nov 11, 2010	-14.85% Mar 10, 2000 - Mar 24, 2000
#9	-6.73% May 5, 2026 - May 15, 2026	-14.24% Jan 24, 2000 - Feb 9, 2000
#10	-6.40% Nov 11, 2010 - Dec 2, 2010	-14.03% Mar 6, 2024 - May 22, 2024
#11	-5.81% Jan 4, 2011 - Jan 31, 2011	-12.95% May 11, 2026 - May 27, 2026
#12	-3.73% Dec 6, 2010 - Dec 21, 2010	-12.50% Feb 9, 2000 - Feb 23, 2000
#13	-3.53% Apr 5, 2010 - Apr 9, 2010	-11.78% Dec 13, 1999 - Jan 14, 2000
#14	-2.66% Apr 1, 2011 - Apr 8, 2011	-9.44% Nov 22, 2024 - Jan 15, 2025
#15	-1.50% Jan 31, 2011 - Feb 10, 2011	-8.92% Jul 23, 2025 - Aug 28, 2025

Correlation

Correlation between CVE and FLEX is 0.22 which considered as a very weak or no correlation - the stocks move independently of each other.

0.22

-101

Dividend Comparison (2009 - 2026)

CVE vs FLEX dividend yield comparison.

Year	CVE	FLEX
2026	0.52%	0.00%
2025	3.32%	0.00%
2024	3.92%	21.00%
2023	2.33%	0.00%
2022	1.81%	0.00%
2021	0.56%	0.00%
2020	0.75%	0.00%
2019	1.58%	0.00%
2018	2.34%	0.00%
2017	2.19%	0.00%
2016	1.32%	0.00%
2015	6.75%	0.00%
2014	5.16%	0.00%
2013	3.38%	0.00%
2012	2.62%	0.00%
2011	2.41%	0.00%
2010	2.41%	0.00%
2009	0.79%	0.00%