ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PF-U - CA29250N7909
24 USD
+0.01 (+0.04%)
ENB-PF-U gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-U is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PF-U. ENB-PF-U also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PF-U was profitable.
ENB-PF-U had a positive operating cash flow in the past year.
In the past 5 years ENB-PF-U has always been profitable.
Each year in the past 5 years ENB-PF-U had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.94%, ENB-PF-U perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
ENB-PF-U's Return On Equity of 9.51% is fine compared to the rest of the industry. ENB-PF-U outperforms 68.10% of its industry peers.
ENB-PF-U's Return On Invested Capital of 4.33% is fine compared to the rest of the industry. ENB-PF-U outperforms 63.81% 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 6.85%.
The last Return On Invested Capital (4.33%) for ENB-PF-U is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROIC | 4.33% |
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 (9.65%) is better than 62.38% of its industry peers.
In the last couple of years the Profit Margin of ENB-PF-U has declined.
ENB-PF-U has a better Operating Margin (17.23%) than 65.71% of its industry peers.
ENB-PF-U's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 40.92%, ENB-PF-U is in line with its industry, outperforming 58.57% 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 | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% |
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.
ENB-PF-U has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PF-U has more shares outstanding
Compared to 1 year ago, ENB-PF-U has a worse debt to assets ratio.
2.2 Solvency
ENB-PF-U has an Altman-Z score of 0.55. This is a bad value and indicates that ENB-PF-U is not financially healthy and even has some risk of bankruptcy.
ENB-PF-U has a Altman-Z score of 0.55. This is comparable to the rest of the industry: ENB-PF-U outperforms 47.62% of its industry peers.
ENB-PF-U has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PF-U would need 20.73 years to pay back of all of its debts.
ENB-PF-U's Debt to FCF ratio of 20.73 is fine compared to the rest of the industry. ENB-PF-U outperforms 63.81% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PF-U has dependencies on debt financing.
ENB-PF-U's Debt to Equity ratio of 1.50 is on the low side compared to the rest of the industry. ENB-PF-U is outperformed by 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.55 |
ROIC/WACC0.61
WACC7.15%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PF-U may have some problems paying its short term obligations.
ENB-PF-U has a Current ratio (0.75) which is in line with its industry peers.
ENB-PF-U has a Quick Ratio of 0.75. 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 Quick ratio (0.65) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
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 7.97%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
The Revenue has grown by 48.17% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
3.2 Future
Based on estimates for the next years, ENB-PF-U will show a small growth in Earnings Per Share. The EPS will grow by 7.85% on average per year.
ENB-PF-U is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.68% yearly.
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.05 indicates a reasonable 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 78.10% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.40. ENB-PF-U is valued rather cheaply when compared to this.
ENB-PF-U is valuated cheaply with a Price/Forward Earnings ratio of 7.41.
77.14% of the companies in the same industry are more expensive than ENB-PF-U, based on the Price/Forward Earnings ratio.
ENB-PF-U's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 7.41 |
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.
ENB-PF-U's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PF-U is cheaper than 76.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.74 | ||
| EV/EBITDA | 9.11 |
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.
ENB-PF-U has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)7.27
EPS Next 2Y7.57%
EPS Next 3Y7.73%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.68%, 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 7.69. ENB-PF-U pays more dividend than 84.29% 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 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
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.
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 Years0
Div Non Decr Years9
5.3 Sustainability
136.55% 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.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (10/17/2025, 7:00:00 PM)
24
+0.01 (+0.04%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap52.34B
Analysts72.86
Price Target23.94 (-0.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.35%
Min EPS beat(2)6.39%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)4.02%
Min EPS beat(4)-1.96%
Max EPS beat(4)12.31%
EPS beat(8)4
Avg EPS beat(8)1.69%
EPS beat(12)5
Avg EPS beat(12)0.01%
EPS beat(16)6
Avg EPS beat(16)-0.97%
Revenue beat(2)2
Avg Revenue beat(2)26.68%
Min Revenue beat(2)24.58%
Max Revenue beat(2)28.78%
Revenue beat(4)4
Avg Revenue beat(4)69.92%
Min Revenue beat(4)24.58%
Max Revenue beat(4)117.73%
Revenue beat(8)6
Avg Revenue beat(8)44.36%
Revenue beat(12)6
Avg Revenue beat(12)25.15%
Revenue beat(16)10
Avg Revenue beat(16)21.32%
PT rev (1m)-1.8%
PT rev (3m)-5.84%
EPS NQ rev (1m)-1.79%
EPS NQ rev (3m)1.59%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6.48%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 7.41 | ||
| P/S | 0.81 | ||
| P/FCF | 10.74 | ||
| P/OCF | 4.05 | ||
| P/B | 0.8 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 9.11 |
EPS(TTM)2.98
EY12.42%
EPS(NY)3.24
Fwd EY13.5%
FCF(TTM)2.24
FCFY9.31%
OCF(TTM)5.93
OCFY24.7%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.96
PEG (5Y)7.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROCE | 5.65% | ||
| ROIC | 4.33% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 5.45% | ||
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% | ||
| FCFM | 7.56% |
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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Debt/EBITDA | 5.89 | ||
| Cap/Depr | 146.38% | ||
| Cap/Sales | 12.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.83% | ||
| Profit Quality | 78.33% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 0.55 |
F-Score5
WACC7.15%
ROIC/WACC0.61
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.12%
FCF growth 1Y-40.09%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-1.04%
OCF growth 3Y10.83%
OCF growth 5Y6.04%