FLEX vs CVE

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

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

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

FLEX vs CVE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

FLEX

$53B

CVE

$53B

Max Drawdown

FLEX

96.37%

Winner

CVE

96.02%

Sharpe Ratio

FLEX

2.32

Winner

CVE

2.42

5Y Beta

FLEX

1.83

Winner

CVE

0.84

Industry

FLEX

Electronic Components

CVE

Oil & Gas Integrated

P/E Ratio

FLEX

61.24

Winner

CVE

15.46

Forward P/E

FLEX

32.79

Winner

CVE

8.94

PEG Ratio

FLEX

6.27

Winner

CVE

0.23

Dividend Yield

FLEX

N/A

CVE

2.69%

5Y Dividends CAGR

FLEX

N/A

CVE

119.23%

5Y EPS CAGR

FLEX

14.05%

CVE

N/A

Debt to Equity

FLEX

72.92%

Winner

CVE

42.29%

Free Cash Flow Yield

FLEX

1.97%

Winner

CVE

5.97%

P/S Ratio

FLEX

1.91

Winner

CVE

1.08

P/B Ratio

FLEX

10.38

Winner

CVE

2.23

FLEX vs CVE - Historical Returns

Returns include dividend reinvestment.

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

Winner

FLEX

+57.51%

CVE

-7.29%

Winner

FLEX

+139.21%

CVE

+21.93%

Winner

FLEX

+143.42%

CVE

+56.43%

Winner

FLEX

+256.95%

CVE

+120.82%

5Y(CAGR)

Winner

FLEX

+70.09%

CVE

+27.59%

10Y(CAGR)

Winner

FLEX

+35.75%

CVE

+8.41%

Max(CAGR)

Winner

FLEX

+10.79%

CVE

+3.38%

FLEX vs CVE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

FLEX vs CVE Drawdown Comparison

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

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

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

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

Correlation

Correlation between FLEX and CVE 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)

FLEX vs CVE dividend yield comparison.

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