Discounted Cash Flow

Ovintiv Inc.

OVV · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2017 $4.4b $1.4b $-746.0m 32.2%
2018 $5.9b (33.7%) $1.2b (-18.7%) $325.0m (143.6%) 19.6% (-39.2%)
2019 $6.7b (13.3%) $315.0m (-72.9%) $295.0m (-9.2%) 4.7% (-76.1%)
2020 $6.1b (-9.5%) $-5.7b (-1919.0%) $159.0m (-46.1%) -94.1% (-2110.0%)
2021 $8.7b (42.2%) $1.2b (121.6%) $1.6b (912.6%) 14.3% (115.2%)
2022 $12.5b (44.0%) $3.6b (187.3%) $2.0b (26.4%) 28.6% (99.6%)
2023 $10.9b (-12.7%) $2.5b (-29.5%) $1.4b (-30.1%) 23.1% (-19.3%)
2024 $9.2b (-15.9%) $1.4b (-46.2%) $1.4b (-0.4%) 14.8% (-36.0%)
2025 $8.9b (-2.7%) $770.0m (-43.0%) $1.5b (6.1%) 8.6% (-41.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model