Woodside Energy Group vs Cnooc: Fair Value & Quality
Both stocks run through our valuation models. Here is how Woodside Energy Group (WDS) and Cnooc (0883) compare, as of Aug 14, 2026.
As of Aug 14, 2026, Fair Value Calculator sees Cnooc as the more attractively valued of the two: Woodside Energy Group trades at A$32.60 versus a fair value of A$20.71 (-36%), while Cnooc trades at HK$23.82 versus HK$26.50 (+11%).
Woodside Energy Group
WDS.AU · AUD · Energy
-36%
upside to fair value
overvalued
PriceA$32.60
Fair ValueA$20.71
Quality46/100
Cnooc
0883.HK · HKD · Energy
+11%
upside to fair value
undervalued
PriceHK$23.82
Fair ValueHK$26.50
Quality63/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Woodside Energy GroupCnooc
Valuation
14.8×P/E (TTM)7.7×
3.16×P/S (TTM)2.67×
1.14×P/B1.35×
6.5×EV/EBITDA4.3×
1.33×PEG0.16×
3.8%Dividend yield5.0%
A$1.12Dividend per shareHK$1.15
Profitability
21%Net margin31%
19%Operating margin45%
7%Return on equity15%
3%Return on assets9%
Growth
-11%Revenue growth (YoY)9%
-7.3%Avg. growth/yr (3Y)-3.7%
30.1%Avg. growth/yr (5Y)20.0%
Balance & size
0.31×Debt / equity0.07×
$41BMarket cap$139B
mixedGrowth qualityexpensive
Cnooc leads: 2 to 12 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.
Woodside Energy Groupof which business quality 45 · market factors 70Cnoocof which business quality 64 · market factors 63
ProfitabilityMargins and returns on capital today
36
55
Quality GrowthAre margins and returns improving?
24
36
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
60
40
Low VolatilityCalm price path (market factor)
83
83
MomentumPrice trend over the last 3–12 months (market factor)
61
50
52W MomentumDistance to the 52-week high (market factor)
72
62
Net IssuanceBuybacks instead of dilution
40
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.
Woodside Energy Group
DCF ModelsA$1.34
Earnings-BasedA$27.33
MultiplesA$16.93
Asset-BasedA$12.67
Economic ProfitA$12.61
Growth EarningsA$32.66
13 of 15 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
9 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.
Woodside Energy Group
Bear A$14.46Fair Value A$20.71Bull A$25.89
A$32.60 = current price (white tick)
Cnooc
Bear HK$19.91Fair Value HK$26.50Bull HK$33.92
HK$23.82 = current price (white tick)
Compare two other stocks
Tap a field and type again, ticker or company name.
Free, no sign-up
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Woodside Energy Group · Energy
Quality score46 · below median
Fair value upside-36% · below median
Cnooc · Energy
Quality score63 · Top 25%
Fair value upside+11% · above median
Bottom line
As of Aug 14, 2026, Fair Value Calculator sees Cnooc as the more attractively valued of the two: Woodside Energy Group trades at A$32.60 versus a fair value of A$20.71 (-36%), while Cnooc trades at HK$23.82 versus HK$26.50 (+11%).
Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.
A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
