ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:ENB-PF-U • CA29250N7909

24.31 USD
+0.05 (+0.21%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ENB-PF-U. ENB-PF-U was compared to 212 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. ENB-PF-U also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

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.
  • ENB-PF-U had positive earnings in each of the past 5 years.
  • In the past 5 years ENB-PF-U always reported a positive cash flow from operatings.
ENB-PF-U.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PF-U.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B

1.2 Ratios

  • ENB-PF-U has a Return On Assets of 2.59%. This is in the better half of the industry: ENB-PF-U outperforms 61.11% of its industry peers.
  • ENB-PF-U has a better Return On Equity (8.61%) than 68.98% of its industry peers.
  • ENB-PF-U's Return On Invested Capital of 4.12% is fine compared to the rest of the industry. ENB-PF-U outperforms 67.13% 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 6.50%.
  • The last Return On Invested Capital (4.12%) for ENB-PF-U is above the 3 year average (3.99%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROIC 4.12%
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
ENB-PF-U.CA Yearly ROA, ROE, ROICENB-PF-U.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • The Profit Margin of ENB-PF-U (8.74%) is better than 65.74% of its industry peers.
  • In the last couple of years the Profit Margin of ENB-PF-U has declined.
  • With a decent Operating Margin value of 16.91%, ENB-PF-U is doing good in the industry, outperforming 67.59% of the companies in the same industry.
  • In the last couple of years the Operating Margin of ENB-PF-U has grown nicely.
  • ENB-PF-U's Gross Margin of 41.11% is fine compared to the rest of the industry. ENB-PF-U outperforms 60.19% of its industry peers.
  • ENB-PF-U's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
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%
ENB-PF-U.CA Yearly Profit, Operating, Gross MarginsENB-PF-U.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

2

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.
  • The number of shares outstanding for ENB-PF-U has been increased compared to 1 year ago.
  • 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.
ENB-PF-U.CA Yearly Shares OutstandingENB-PF-U.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
ENB-PF-U.CA Yearly Total Debt VS Total AssetsENB-PF-U.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

  • Based on the Altman-Z score of 0.53, we must say that ENB-PF-U is in the distress zone and has some risk of bankruptcy.
  • ENB-PF-U's Altman-Z score of 0.53 is in line compared to the rest of the industry. ENB-PF-U outperforms 49.54% of its industry peers.
  • ENB-PF-U has a debt to FCF ratio of 25.58. This is a negative value and a sign of low solvency as ENB-PF-U would need 25.58 years to pay back of all of its debts.
  • ENB-PF-U's Debt to FCF ratio of 25.58 is fine compared to the rest of the industry. ENB-PF-U outperforms 64.81% of its industry peers.
  • ENB-PF-U has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
  • ENB-PF-U's Debt to Equity ratio of 1.56 is on the low side compared to the rest of the industry. ENB-PF-U is outperformed by 66.20% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.53
ROIC/WACC0.59
WACC6.93%
ENB-PF-U.CA Yearly LT Debt VS Equity VS FCFENB-PF-U.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

  • ENB-PF-U has a Current Ratio of 0.80. 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's Current ratio of 0.80 is in line compared to the rest of the industry. ENB-PF-U outperforms 51.85% of its industry peers.
  • ENB-PF-U has a Quick Ratio of 0.80. 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.
  • Looking at the Quick ratio, with a value of 0.68, ENB-PF-U is in line with its industry, outperforming 49.07% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
ENB-PF-U.CA Yearly Current Assets VS Current LiabilitesENB-PF-U.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

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 7.43%.
  • The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
  • The Revenue has grown by 32.29% 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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%

3.2 Future

  • The Earnings Per Share is expected to grow by 7.06% on average over the next years.
  • ENB-PF-U is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.24% yearly.
EPS Next Y4.67%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
EPS Next 5Y7.06%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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.
ENB-PF-U.CA Yearly Revenue VS EstimatesENB-PF-U.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
ENB-PF-U.CA Yearly EPS VS EstimatesENB-PF-U.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4

7

4. Valuation

4.1 Price/Earnings Ratio

  • ENB-PF-U is valuated reasonably with a Price/Earnings ratio of 8.41.
  • Based on the Price/Earnings ratio, ENB-PF-U is valued cheaper than 82.41% of the companies in the same industry.
  • ENB-PF-U is valuated cheaply when we compare the Price/Earnings ratio to 27.93, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 7.82, which indicates a rather cheap valuation of ENB-PF-U.
  • 82.41% 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 27.77.
Industry RankSector Rank
PE 8.41
Fwd PE 7.82
ENB-PF-U.CA Price Earnings VS Forward Price EarningsENB-PF-U.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ENB-PF-U is valued a bit cheaper than 63.43% of the companies in the same industry.
  • 75.00% of the companies in the same industry are more expensive than ENB-PF-U, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 13.08
EV/EBITDA 9.37
ENB-PF-U.CA Per share dataENB-PF-U.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ENB-PF-U has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.8
PEG (5Y)7.6
EPS Next 2Y5.39%
EPS Next 3Y6.44%

7

5. Dividend

5.1 Amount

  • ENB-PF-U has a Yearly Dividend Yield of 5.61%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.13, ENB-PF-U pays a better dividend. On top of this ENB-PF-U pays more dividend than 85.65% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, ENB-PF-U pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.61%

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
ENB-PF-U.CA Yearly Dividends per shareENB-PF-U.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1

5.3 Sustainability

  • 152.61% of the earnings are spent on dividend by ENB-PF-U. This is not a sustainable payout ratio.
  • ENB-PF-U's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP152.61%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
ENB-PF-U.CA Yearly Income VS Free CF VS DividendENB-PF-U.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B
ENB-PF-U.CA Dividend Payout.ENB-PF-U.CA Dividend Payout, showing the Payout Ratio.ENB-PF-U.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 5.85792 PERP

TSX:ENB-PF-U (2/6/2026, 7:00:00 PM)

24.31

+0.05 (+0.21%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07
Earnings (Next)02-13
Inst Owners55.5%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap53.03B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target26.17 (7.65%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.61%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years0
Div Non Decr Years9
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)-1.42%
PT rev (3m)3.22%
EPS NQ rev (1m)-0.47%
EPS NQ rev (3m)-1.55%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-2.87%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)6.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.94%
Valuation
Industry RankSector Rank
PE 8.41
Fwd PE 7.82
P/S 0.83
P/FCF 13.08
P/OCF 4.14
P/B 0.81
P/tB 2.1
EV/EBITDA 9.37
EPS(TTM)2.89
EY11.89%
EPS(NY)3.11
Fwd EY12.79%
FCF(TTM)1.86
FCFY7.65%
OCF(TTM)5.88
OCFY24.18%
SpS29.45
BVpS29.88
TBVpS11.57
PEG (NY)1.8
PEG (5Y)7.6
Graham Number44.08
Profitability
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROCE 5.38%
ROIC 4.12%
ROICexc 4.14%
ROICexgc 5.17%
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
FCFM 6.31%
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%
ROICexgc growth 3Y-2.31%
ROICexgc 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 RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Debt/EBITDA 6.2
Cap/Depr 157.09%
Cap/Sales 13.65%
Interest Coverage 250
Cash Conversion 77.99%
Profit Quality 72.23%
Current Ratio 0.8
Quick Ratio 0.68
Altman-Z 0.53
F-Score5
WACC6.93%
ROIC/WACC0.59
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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
EPS Next Y4.67%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
EPS Next 5Y7.06%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year73.94%
EBIT Next 3Y24.05%
EBIT Next 5Y15.94%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%

ENBRIDGE INC - ENBCN 5.85792 PERP / ENB-PF-U.CA FAQ

What is the ChartMill fundamental rating of ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to ENB-PF-U.CA.


What is the valuation status of ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) stock?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA). This can be considered as Undervalued.


How profitable is ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) stock?

ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) has a profitability rating of 7 / 10.


What is the valuation of ENBRIDGE INC - ENBCN 5.85792 PERP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) is 8.41 and the Price/Book (PB) ratio is 0.81.


Can you provide the financial health for ENB-PF-U stock?

The financial health rating of ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) is 2 / 10.