Financials Suncor Energy Inc.

Equities

SU

CA8672241079

Integrated Oil & Gas

Market Closed - Toronto S.E. 04:15:06 2024-04-26 pm EDT 5-day change 1st Jan Change
53.87 CAD -0.02% Intraday chart for Suncor Energy Inc. +1.66% +26.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 65,650 32,562 46,061 57,940 55,103 69,344 - -
Enterprise Value (EV) 1 81,660 52,376 62,210 71,579 68,781 78,109 76,517 76,353
P/E ratio 22.9 x -7.54 x 11.4 x 6.58 x 6.71 x 9.64 x 10.2 x 10.7 x
Yield 3.95% 5.15% 3.32% 4.38% 4.97% 4.09% 4.21% 4.57%
Capitalization / Revenue 1.68 x 1.3 x 1.18 x 0.99 x 1.09 x 1.37 x 1.39 x 1.4 x
EV / Revenue 2.09 x 2.09 x 1.59 x 1.22 x 1.36 x 1.55 x 1.54 x 1.54 x
EV / EBITDA 6.04 x 11.8 x 4.91 x 3.1 x 3.76 x 4.8 x 4.69 x 4.79 x
EV / FCF 15.5 x -1,048 x 10.9 x 5.46 x 9.17 x 11.9 x 11.7 x 13.5 x
FCF Yield 6.44% -0.1% 9.17% 18.3% 10.9% 8.42% 8.57% 7.4%
Price to Book 1.55 x 0.91 x 1.26 x 1.46 x 1.27 x 1.51 x 1.43 x 1.38 x
Nbr of stocks (in thousands) 1,542,539 1,525,151 1,455,318 1,349,013 1,298,074 1,287,254 - -
Reference price 2 42.56 21.35 31.65 42.95 42.45 53.87 53.87 53.87
Announcement Date 2/5/20 2/4/21 2/2/22 2/14/23 2/21/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 38,989 25,052 39,101 58,467 50,746 50,554 49,812 49,620
EBITDA 1 13,530 4,425 12,675 23,113 18,291 16,286 16,322 15,949
EBIT 1 2,961 -5,101 6,825 14,327 11,856 9,152 9,045 9,005
Operating Margin 7.59% -20.36% 17.45% 24.5% 23.36% 18.1% 18.16% 18.15%
Earnings before Tax (EBT) 1 2,533 -6,097 5,570 12,316 10,589 8,944 7,920 7,852
Net income 1 2,899 -4,319 4,119 9,077 8,295 6,406 5,658 5,889
Net margin 7.44% -17.24% 10.53% 15.52% 16.35% 12.67% 11.36% 11.87%
EPS 2 1.860 -2.830 2.770 6.530 6.330 5.587 5.276 5.039
Free Cash Flow 1 5,260 -50 5,702 13,114 7,497 6,578 6,560 5,650
FCF margin 13.49% -0.2% 14.58% 22.43% 14.77% 13.01% 13.17% 11.39%
FCF Conversion (EBITDA) 38.88% - 44.99% 56.74% 40.99% 40.39% 40.19% 35.42%
FCF Conversion (Net income) 181.44% - 138.43% 144.48% 90.38% 102.68% 115.94% 95.95%
Dividend per Share 2 1.680 1.100 1.050 1.880 2.110 2.201 2.269 2.464
Announcement Date 2/5/20 2/4/21 2/2/22 2/14/23 2/21/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 10,213 11,159 13,501 16,204 15,057 13,855 12,256 11,716 12,636 14,138 12,724 12,175 13,435 12,811 12,240
EBITDA 1 3,195 3,953 5,504 7,051 5,420 5,209 4,644 4,083 4,438 5,126 3,934 3,660 4,261 3,961 -
EBIT 1 1,977 2,323 4,033 6,053 3,965 3,744 3,128 2,506 2,694 3,528 2,195 1,879 2,186 1,946 1,915
Operating Margin 19.36% 20.82% 29.87% 37.35% 26.33% 27.02% 25.52% 21.39% 21.32% 24.95% 17.25% 15.43% 16.27% 15.19% 15.64%
Earnings before Tax (EBT) 1 1,314 2,054 - 5,409 -479 3,538 2,714 2,351 2,134 3,390 2,030 2,027 2,422 1,725 1,557
Net income 1 877 1,553 2,949 3,996 -609 2,741 2,052 1,879 1,544 2,820 1,504 1,603 1,900 1,368 1,167
Net margin 8.59% 13.92% 21.84% 24.66% -4.04% 19.78% 16.74% 16.04% 12.22% 19.95% 11.82% 13.17% 14.14% 10.68% 9.54%
EPS 2 0.5900 1.070 2.060 2.830 -0.4500 2.030 1.540 1.430 1.190 2.180 1.175 1.449 1.681 1.326 1.062
Dividend per Share 2 0.2100 0.4200 0.4200 0.4700 0.4700 0.5200 0.5200 0.5200 0.5200 0.5500 0.5482 0.5478 0.5478 0.5552 0.5580
Announcement Date 10/27/21 2/2/22 5/9/22 8/4/22 11/3/22 2/14/23 5/8/23 8/15/23 11/8/23 2/21/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 16,010 19,814 16,149 13,639 13,678 8,764 7,173 7,009
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.183 x 4.478 x 1.274 x 0.5901 x 0.7478 x 0.5381 x 0.4395 x 0.4395 x
Free Cash Flow 1 5,260 -50 5,702 13,114 7,497 6,578 6,560 5,650
ROE (net income / shareholders' equity) 10.1% -11.1% 10.5% 30.4% 20.1% 14.2% 12.6% 11.6%
ROA (Net income/ Total Assets) 4.87% -4.96% 4.52% 13.7% 9.58% 7.09% 6.45% -
Assets 1 59,541 87,026 91,124 66,063 86,579 90,390 87,724 -
Book Value Per Share 2 27.40 23.40 25.20 29.40 33.50 35.70 37.60 39.10
Cash Flow per Share 2 6.930 2.540 6.890 13.10 10.20 10.70 10.70 10.60
Capex 1 5,558 3,926 4,555 4,987 5,828 6,512 6,485 6,171
Capex / Sales 14.26% 15.67% 11.65% 8.53% 11.48% 12.88% 13.02% 12.44%
Announcement Date 2/5/20 2/4/21 2/2/22 2/14/23 2/21/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
53.87 CAD
Average target price
55 CAD
Spread / Average Target
+2.10%
Consensus
  1. Stock Market
  2. Equities
  3. SU Stock
  4. Financials Suncor Energy Inc.