ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Fundamental Analysis
TSX:ENB-PF-U - Toronto Stock Exchange - CA29250N7909 - Currency: USD
Taking everything into account, ENB-PF-U scores 5 out of 10 in our fundamental rating. ENB-PF-U was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PF-U while its profitability can be described as average. ENB-PF-U scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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.
In the past 5 years ENB-PF-U always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PF-U has a Return On Assets (2.31%) which is comparable to the rest of the industry.
ENB-PF-U has a better Return On Equity (7.67%) than 63.76% of its industry peers.
ENB-PF-U has a Return On Invested Capital of 3.85%. This is comparable to the rest of the industry: ENB-PF-U outperforms 55.96% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PF-U is below the industry average of 7.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROIC | 3.85% |
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
ENB-PF-U has a Profit Margin of 9.45%. This is in the better half of the industry: ENB-PF-U outperforms 66.97% 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 18.31%. This is in the better half of the industry: ENB-PF-U outperforms 64.22% of its industry peers.
ENB-PF-U's Operating Margin has improved in the last couple of years.
ENB-PF-U has a Gross Margin of 45.63%. This is in the better half of the industry: ENB-PF-U outperforms 62.84% of its industry peers.
ENB-PF-U's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PF-U is destroying value.
Compared to 1 year ago, ENB-PF-U has more shares outstanding
ENB-PF-U has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ENB-PF-U is higher compared to a year ago.
2.2 Solvency
ENB-PF-U has an Altman-Z score of 0.39. This is a bad value and indicates that ENB-PF-U is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.39, ENB-PF-U perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Debt to FCF ratio of ENB-PF-U is 17.93, which is on the high side as it means it would take ENB-PF-U, 17.93 years of fcf income to pay off all of its debts.
ENB-PF-U has a better Debt to FCF ratio (17.93) than 60.55% of its industry peers.
A Debt/Equity ratio of 1.43 is on the high side and indicates that ENB-PF-U has dependencies on debt financing.
ENB-PF-U has a Debt to Equity ratio of 1.43. This is in the lower half of the industry: ENB-PF-U underperforms 73.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Altman-Z | 0.39 |
ROIC/WACC0.47
WACC8.17%
2.3 Liquidity
ENB-PF-U has a Current Ratio of 0.55. 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.
The Current ratio of ENB-PF-U (0.55) is worse than 64.22% of its industry peers.
ENB-PF-U has a Quick Ratio of 0.55. 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 worse Quick ratio (0.49) than 66.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.36% over the past year.
ENB-PF-U shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
Looking at the last year, ENB-PF-U shows a very strong growth in Revenue. The Revenue has grown by 22.51%.
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%17.19%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%43.54%
3.2 Future
ENB-PF-U is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.26% yearly.
ENB-PF-U is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.28% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.85%
Revenue Next 2Y9.07%
Revenue Next 3Y7.26%
Revenue Next 5Y0.28%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PF-U is valuated cheaply with a Price/Earnings ratio of 7.90.
Based on the Price/Earnings ratio, ENB-PF-U is valued a bit cheaper than the industry average as 77.06% of the companies are valued more expensively.
ENB-PF-U's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.88.
With a Price/Forward Earnings ratio of 7.29, 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 72.02% of the companies in the same industry.
ENB-PF-U is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 7.29 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PF-U.
Based on the Price/Free Cash Flow ratio, ENB-PF-U is valued a bit cheaper than the industry average as 73.85% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.5 | ||
| EV/EBITDA | 9.86 |
4.3 Compensation for Growth
The 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)0.95
PEG (5Y)7.13
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.87%, ENB-PF-U is a good candidate for dividend investing.
ENB-PF-U's Dividend Yield is rather good when compared to the industry average which is at 7.45. ENB-PF-U pays more dividend than 89.45% of the companies in the same industry.
ENB-PF-U's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
5.2 History
The dividend of ENB-PF-U has a limited annual growth rate of 4.10%.
ENB-PF-U has paid a dividend for at least 10 years, which is a reliable track record.
As ENB-PF-U did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)4.1%
Div Incr Years2
Div Non Decr Years9
5.3 Sustainability
ENB-PF-U pays out 163.51% of its income as dividend. 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.
DP163.51%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (4/30/2025, 7:00:00 PM)
22.11
+0.06 (+0.27%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap48.20B
Analysts71.11
Price Target22.99 (3.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP163.51%
Div Incr Years2
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.32%
Min EPS beat(2)-1.96%
Max EPS beat(2)-0.67%
EPS beat(4)1
Avg EPS beat(4)-0.15%
Min EPS beat(4)-9.75%
Max EPS beat(4)11.79%
EPS beat(8)2
Avg EPS beat(8)-0.91%
EPS beat(12)3
Avg EPS beat(12)-2.18%
EPS beat(16)6
Avg EPS beat(16)-0.23%
Revenue beat(2)2
Avg Revenue beat(2)113.16%
Min Revenue beat(2)108.58%
Max Revenue beat(2)117.73%
Revenue beat(4)4
Avg Revenue beat(4)82.85%
Min Revenue beat(4)8.67%
Max Revenue beat(4)117.73%
Revenue beat(8)4
Avg Revenue beat(8)33.02%
Revenue beat(12)6
Avg Revenue beat(12)22.01%
Revenue beat(16)9
Avg Revenue beat(16)19.55%
PT rev (1m)-4.38%
PT rev (3m)-2.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.57%
EPS NY rev (1m)-1.38%
EPS NY rev (3m)1.33%
Revenue NQ rev (1m)21.34%
Revenue NQ rev (3m)81.24%
Revenue NY rev (1m)-0.75%
Revenue NY rev (3m)46.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 7.29 | ||
| P/S | 0.9 | ||
| P/FCF | 8.5 | ||
| P/OCF | 3.83 | ||
| P/B | 0.73 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 9.86 |
EPS(TTM)2.8
EY12.66%
EPS(NY)3.03
Fwd EY13.72%
FCF(TTM)2.6
FCFY11.76%
OCF(TTM)5.78
OCFY26.14%
SpS24.53
BVpS30.23
TBVpS11.34
PEG (NY)0.95
PEG (5Y)7.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROCE | 5.02% | ||
| ROIC | 3.85% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 4.94% | ||
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% | ||
| FCFM | 10.6% |
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-Score4
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Debt/EBITDA | 6.28 | ||
| Cap/Depr | 134.12% | ||
| Cap/Sales | 12.96% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 84.22% | ||
| Profit Quality | 112.21% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 0.39 |
F-Score4
WACC8.17%
ROIC/WACC0.47
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)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%17.19%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%43.54%
Revenue Next Year14.85%
Revenue Next 2Y9.07%
Revenue Next 3Y7.26%
Revenue Next 5Y0.28%
EBIT growth 1Y10%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.24%
EBIT Next 3Y24.16%
EBIT Next 5Y16.03%
FCF growth 1Y-39.2%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-11.27%
OCF growth 3Y10.83%
OCF growth 5Y6.04%