ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Fundamental Analysis
TSX:ENB-PF-U - Toronto Stock Exchange - CA29250N7909 - Currency: USD
Overall ENB-PF-U gets a fundamental rating of 5 out of 10. We evaluated ENB-PF-U against 214 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-U belongs to the best of the industry regarding profitability, there are concerns on its financial health. ENB-PF-U scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ENB-PF-U also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PF-U was profitable.
In the past year ENB-PF-U had a positive cash flow from operations.
Each year in the past 5 years ENB-PF-U has been profitable.
Each year in the past 5 years ENB-PF-U had a positive operating cash flow.
1.2 Ratios
ENB-PF-U has a Return On Assets of 2.68%. This is in the better half of the industry: ENB-PF-U outperforms 61.68% of its industry peers.
ENB-PF-U's Return On Equity of 8.64% is fine compared to the rest of the industry. ENB-PF-U outperforms 66.82% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.07%, ENB-PF-U is in the better half of the industry, outperforming 64.02% of the companies in the same industry.
ENB-PF-U had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.31%.
The last Return On Invested Capital (4.07%) for ENB-PF-U is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 8.64% | ||
| ROIC | 4.07% |
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
1.3 Margins
The Profit Margin of ENB-PF-U (9.67%) is better than 66.82% of its industry peers.
ENB-PF-U's Profit Margin has declined in the last couple of years.
ENB-PF-U has a Operating Margin of 17.53%. This is in the better half of the industry: ENB-PF-U outperforms 64.02% of its industry peers.
ENB-PF-U's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 42.37%, ENB-PF-U perfoms like the industry average, outperforming 57.94% of the companies in the same industry.
ENB-PF-U's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.53% | ||
| PM (TTM) | 9.67% | ||
| GM | 42.37% |
OM growth 3Y2.88%
OM growth 5Y2.35%
PM growth 3Y-8.55%
PM growth 5Y-2.33%
GM growth 3Y5.15%
GM growth 5Y4.19%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PF-U is destroying value.
Compared to 1 year ago, ENB-PF-U has more shares outstanding
The number of shares outstanding for ENB-PF-U has been increased compared to 5 years ago.
Compared to 1 year ago, ENB-PF-U has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.50, we must say that ENB-PF-U is in the distress zone and has some risk of bankruptcy.
ENB-PF-U has a Altman-Z score (0.50) which is in line with its industry peers.
The Debt to FCF ratio of ENB-PF-U is 20.56, which is on the high side as it means it would take ENB-PF-U, 20.56 years of fcf income to pay off all of its debts.
ENB-PF-U has a better Debt to FCF ratio (20.56) than 60.28% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PF-U has dependencies on debt financing.
The Debt to Equity ratio of ENB-PF-U (1.44) is worse than 71.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC7.52%
2.3 Liquidity
ENB-PF-U has a Current Ratio of 0.73. This is a bad value and indicates that ENB-PF-U is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PF-U has a Current ratio (0.73) which is comparable to the rest of the industry.
A Quick Ratio of 0.66 indicates that ENB-PF-U may have some problems paying its short term obligations.
ENB-PF-U has a Quick ratio (0.66) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
ENB-PF-U shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.75%.
Measured over the past 5 years, ENB-PF-U shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
The Revenue has grown by 43.00% in the past year. This is a very strong growth!
ENB-PF-U shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
EPS 1Y (TTM)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
3.2 Future
ENB-PF-U is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.83% yearly.
Based on estimates for the next years, ENB-PF-U will show a small growth in Revenue. The Revenue will grow by 6.39% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y6.39%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.06, which indicates a very decent valuation of ENB-PF-U.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PF-U indicates a somewhat cheap valuation: ENB-PF-U is cheaper than 78.04% of the companies listed in the same industry.
ENB-PF-U's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
With a Price/Forward Earnings ratio of 7.22, the valuation of ENB-PF-U can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PF-U is valued a bit cheaper than 76.64% of the companies in the same industry.
ENB-PF-U's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 7.22 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PF-U is on the same level as its industry peers.
78.04% of the companies in the same industry are more expensive than ENB-PF-U, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.19 | ||
| EV/EBITDA | 9.42 |
4.3 Compensation for Growth
ENB-PF-U's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ENB-PF-U may justify a higher PE ratio.
PEG (NY)0.97
PEG (5Y)7.28
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-U has a Yearly Dividend Yield of 6.60%, which is a nice return.
Compared to an average industry Dividend Yield of 6.24, ENB-PF-U pays a better dividend. On top of this ENB-PF-U pays more dividend than 88.78% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, ENB-PF-U pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
5.2 History
The dividend of ENB-PF-U has a limited annual growth rate of 4.10%.
ENB-PF-U has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PF-U has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)4.1%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
142.15% of the earnings are spent on dividend by ENB-PF-U. This is not a sustainable payout ratio.
The dividend of ENB-PF-U is growing, but earnings are growing more, so the dividend growth is sustainable.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (7/14/2025, 7:00:00 PM)
23.45
-0.09 (-0.38%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners53.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap51.13B
Analysts72.14
Price Target24.91 (6.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.86%
Min EPS beat(2)-0.67%
Max EPS beat(2)6.39%
EPS beat(4)1
Avg EPS beat(4)-1.5%
Min EPS beat(4)-9.75%
Max EPS beat(4)6.39%
EPS beat(8)3
Avg EPS beat(8)-0.03%
EPS beat(12)4
Avg EPS beat(12)-1.51%
EPS beat(16)6
Avg EPS beat(16)-0.67%
Revenue beat(2)2
Avg Revenue beat(2)68.68%
Min Revenue beat(2)28.78%
Max Revenue beat(2)108.58%
Revenue beat(4)4
Avg Revenue beat(4)87.88%
Min Revenue beat(4)28.78%
Max Revenue beat(4)117.73%
Revenue beat(8)5
Avg Revenue beat(8)39.78%
Revenue beat(12)6
Avg Revenue beat(12)23.62%
Revenue beat(16)10
Avg Revenue beat(16)21.8%
PT rev (1m)4.76%
PT rev (3m)4.85%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-12.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 7.22 | ||
| P/S | 0.84 | ||
| P/FCF | 10.19 | ||
| P/OCF | 4.09 | ||
| P/B | 0.75 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 9.42 |
EPS(TTM)2.91
EY12.41%
EPS(NY)3.25
Fwd EY13.86%
FCF(TTM)2.3
FCFY9.81%
OCF(TTM)5.73
OCFY24.45%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.97
PEG (5Y)7.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 8.64% | ||
| ROCE | 5.31% | ||
| ROIC | 4.07% | ||
| ROICexc | 4.11% | ||
| ROICexgc | 5.17% | ||
| OM | 17.53% | ||
| PM (TTM) | 9.67% | ||
| GM | 42.37% | ||
| FCFM | 8.23% |
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
ROICexc(3y)4.07%
ROICexc(5y)4.06%
ROICexgc(3y)5.22%
ROICexgc(5y)5.26%
ROCE(3y)5.22%
ROCE(5y)5.24%
ROICexcg growth 3Y-2.31%
ROICexcg growth 5Y-2.5%
ROICexc growth 3Y-1.04%
ROICexc growth 5Y-1.82%
OM growth 3Y2.88%
OM growth 5Y2.35%
PM growth 3Y-8.55%
PM growth 5Y-2.33%
GM growth 3Y5.15%
GM growth 5Y4.19%
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Debt/EBITDA | 6.1 | ||
| Cap/Depr | 139.09% | ||
| Cap/Sales | 12.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.81% | ||
| Profit Quality | 85.09% | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 0.5 |
F-Score5
WACC7.52%
ROIC/WACC0.54
Cap/Depr(3y)117.17%
Cap/Depr(5y)142.6%
Cap/Sales(3y)11.06%
Cap/Sales(5y)12.95%
Profit Quality(3y)173.15%
Profit Quality(5y)135.79%
High Growth Momentum
Growth
EPS 1Y (TTM)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y6.39%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.89%
FCF growth 1Y-30.74%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y2.84%
OCF growth 3Y10.83%
OCF growth 5Y6.04%