STOCK COMPARISON
Tenaz Energy vs Cnooc: Fair Value & Quality
Both stocks run through our valuation models. Here is how Tenaz Energy (TNZ) and Cnooc (0883) compare, as of Aug 10, 2026.
As of Aug 10, 2026, Fair Value Calculator sees Cnooc as the more attractively valued of the two: Tenaz Energy trades at C$54.18 versus a fair value of C$25.13 (-54%), while Cnooc trades at HK$23.26 versus HK$26.35 (+13%).
Tenaz Energy
TNZ.TO · CAD · Energy
-54%
upside to fair value
overvalued
PriceC$54.18
Fair ValueC$25.13
Quality35/100
Cnooc
0883.HK · HKD · Energy
+13%
upside to fair value
undervalued
PriceHK$23.26
Fair ValueHK$26.35
Quality63/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Tenaz EnergyCnooc
Valuation
7.7×P/E (TTM)7.7×
3.07×P/S (TTM)2.67×
2.79×P/B1.35×
29.7×EV/EBITDA4.3×
—PEG0.16×
—Dividend yield5.0%
—Dividend per shareHK$1.15
Profitability
53%Net margin31%
-131%Operating margin45%
101%Return on equity15%
-5%Return on assets9%
Growth
705%Revenue growth (YoY)9%
102.8%Avg. growth/yr (3Y)-3.7%
101.2%Avg. growth/yr (5Y)20.0%
Balance & size
0.71×Debt / equity0.07×
$1BMarket cap$139B
expensiveGrowth qualityexpensive
Even match: 6 to 6 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
Tenaz Energyof which business quality 38 · market factors 66
Cnoocof which business quality 64 · market factors 57
ProfitabilityMargins and returns on capital today
56
55
Quality GrowthAre margins and returns improving?
65
36
CashflowEarnings quality: real cash, not paper profit
46
76
Fin. StrengthBalance sheet, leverage, solvency risk
22
84
InvestmentDisciplined investing over empire-building
0
40
Low VolatilityCalm price path (market factor)
41
83
MomentumPrice trend over the last 3–12 months (market factor)
70
41
52W MomentumDistance to the 52-week high (market factor)
86
56
Net IssuanceBuybacks instead of dilution
27
79
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Tenaz Energy
DCF ModelsC$32.83
Earnings-BasedC$337
MultiplesC$22.04
Asset-BasedC$8.95
Growth DCFC$17.61
Economic ProfitC$115
Growth EarningsC$395
11 of 20 models see the stock below the current price.
Cnooc
DCF ModelsHK$41.36
Earnings-BasedHK$27.87
Dividend DiscountHK$25.25
MultiplesHK$33.44
Asset-BasedHK$12.08
Growth DCFHK$33.29
Economic ProfitHK$32.53
Growth EarningsHK$33.61
8 of 26 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Tenaz Energy
Bear C$15.33Fair Value C$25.13Bull C$50.79
C$54.18 = current price (white tick)
Cnooc
Bear HK$19.80Fair Value HK$26.35Bull HK$33.85
HK$23.26 = current price (white tick)
Compare two other stocks
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Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Tenaz Energy · Energy
Quality score35 · bottom 25%
Fair value upside-54% · bottom 25%
Cnooc · Energy
Quality score63 · Top 25%
Fair value upside+13% · above median
Bottom line
As of Aug 10, 2026, Fair Value Calculator sees Cnooc as the more attractively valued of the two: Tenaz Energy trades at C$54.18 versus a fair value of C$25.13 (-54%), while Cnooc trades at HK$23.26 versus HK$26.35 (+13%).
Cnooc has the higher quality score (63/100).
See the full analysis →
More comparisons
Popular match-ups from the same sectors, all with fair value and quality score.
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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
