ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) Stock Fundamental Analysis
TSX:ENB-PF-V - Toronto Stock Exchange - CA29250N6679 - Currency: USD
Taking everything into account, ENB-PF-V scores 5 out of 10 in our fundamental rating. ENB-PF-V was compared to 219 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PF-V has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENB-PF-V scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ENB-PF-V also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PF-V was profitable.
In the past year ENB-PF-V had a positive cash flow from operations.
ENB-PF-V had positive earnings in each of the past 5 years.
Each year in the past 5 years ENB-PF-V had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.31%, ENB-PF-V is in line with its industry, outperforming 54.79% of the companies in the same industry.
ENB-PF-V's Return On Equity of 7.67% is fine compared to the rest of the industry. ENB-PF-V outperforms 62.56% of its industry peers.
ENB-PF-V has a Return On Invested Capital (3.85%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PF-V is below the industry average of 7.60%.
| 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
The Profit Margin of ENB-PF-V (9.45%) is better than 63.01% of its industry peers.
ENB-PF-V's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 18.31%, ENB-PF-V is in the better half of the industry, outperforming 62.10% of the companies in the same industry.
In the last couple of years the Operating Margin of ENB-PF-V has grown nicely.
With a decent Gross Margin value of 45.63%, ENB-PF-V is doing good in the industry, outperforming 60.73% of the companies in the same industry.
In the last couple of years the Gross Margin of ENB-PF-V has grown nicely.
| 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-V is destroying value.
Compared to 1 year ago, ENB-PF-V has more shares outstanding
Compared to 5 years ago, ENB-PF-V has more shares outstanding
The debt/assets ratio for ENB-PF-V is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.41, we must say that ENB-PF-V is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.41, ENB-PF-V perfoms like the industry average, outperforming 51.14% of the companies in the same industry.
ENB-PF-V has a debt to FCF ratio of 17.93. This is a negative value and a sign of low solvency as ENB-PF-V would need 17.93 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 17.93, ENB-PF-V is in line with its industry, outperforming 59.82% of the companies in the same industry.
A Debt/Equity ratio of 1.43 is on the high side and indicates that ENB-PF-V has dependencies on debt financing.
ENB-PF-V has a Debt to Equity ratio of 1.43. This is in the lower half of the industry: ENB-PF-V underperforms 74.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Altman-Z | 0.41 |
ROIC/WACC0.58
WACC6.62%
2.3 Liquidity
ENB-PF-V has a Current Ratio of 0.55. This is a bad value and indicates that ENB-PF-V is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PF-V's Current ratio of 0.55 is on the low side compared to the rest of the industry. ENB-PF-V is outperformed by 62.56% of its industry peers.
ENB-PF-V has a Quick Ratio of 0.55. This is a bad value and indicates that ENB-PF-V is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.49, ENB-PF-V is doing worse than 64.84% of the companies in the same industry.
| 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 0.42% over the past year.
Measured over the past 5 years, ENB-PF-V shows a small growth in Earnings Per Share. The EPS has been growing by 1.12% on average per year.
ENB-PF-V shows a strong growth in Revenue. In the last year, 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)0.42%
EPS 3Y0.62%
EPS 5Y1.12%
EPS Q2Q%17.46%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%45.52%
3.2 Future
Based on estimates for the next years, ENB-PF-V will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.10% on average per year.
ENB-PF-V is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.66% yearly.
EPS Next Y10.18%
EPS Next 2Y7.87%
EPS Next 3Y7.54%
EPS Next 5Y8.1%
Revenue Next Year15.72%
Revenue Next 2Y9.16%
Revenue Next 3Y6.92%
Revenue Next 5Y1.66%
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 8.68, which indicates a very decent valuation of ENB-PF-V.
ENB-PF-V's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PF-V is cheaper than 71.69% of the companies in the same industry.
ENB-PF-V's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
With a Price/Forward Earnings ratio of 7.87, the valuation of ENB-PF-V can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PF-V indicates a somewhat cheap valuation: ENB-PF-V is cheaper than 66.21% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. ENB-PF-V is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 7.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PF-V is on the same level as its industry peers.
71.23% of the companies in the same industry are more expensive than ENB-PF-V, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.34 | ||
| EV/EBITDA | 10.18 |
4.3 Compensation for Growth
ENB-PF-V's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PF-V has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.85
PEG (5Y)7.75
EPS Next 2Y7.87%
EPS Next 3Y7.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.33%, ENB-PF-V is a good candidate for dividend investing.
ENB-PF-V's Dividend Yield is rather good when compared to the industry average which is at 6.94. ENB-PF-V pays more dividend than 90.41% of the companies in the same industry.
ENB-PF-V's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
5.2 History
The dividend of ENB-PF-V has a limited annual growth rate of 4.10%.
ENB-PF-V has paid a dividend for at least 10 years, which is a reliable track record.
ENB-PF-V has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years11
5.3 Sustainability
163.51% of the earnings are spent on dividend by ENB-PF-V. This is not a sustainable payout ratio.
The dividend of ENB-PF-V is growing, but earnings are growing more, so the dividend growth is sustainable.
DP163.51%
EPS Next 2Y7.87%
EPS Next 3Y7.54%
ENBRIDGE INC - ENBCN 6.683 PERP
TSX:ENB-PF-V (3/6/2025, 7:00:00 PM)
24.3
+0.28 (+1.17%)
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 Cap52.95B
Analysts71.11
Price Target25.32 (4.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP163.51%
Div Incr Years1
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1%
Min EPS beat(2)-1.96%
Max EPS beat(2)-0.04%
EPS beat(4)1
Avg EPS beat(4)0.01%
Min EPS beat(4)-9.75%
Max EPS beat(4)11.79%
EPS beat(8)2
Avg EPS beat(8)-0.83%
EPS beat(12)3
Avg EPS beat(12)-2.13%
EPS beat(16)6
Avg EPS beat(16)-0.19%
Revenue beat(2)2
Avg Revenue beat(2)114.59%
Min Revenue beat(2)111.46%
Max Revenue beat(2)117.73%
Revenue beat(4)4
Avg Revenue beat(4)83.57%
Min Revenue beat(4)8.67%
Max Revenue beat(4)117.73%
Revenue beat(8)4
Avg Revenue beat(8)33.38%
Revenue beat(12)6
Avg Revenue beat(12)22.25%
Revenue beat(16)9
Avg Revenue beat(16)19.73%
PT rev (1m)6.73%
PT rev (3m)4.59%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.96%
EPS NY rev (1m)0.5%
EPS NY rev (3m)3.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.92%
Revenue NY rev (1m)47.43%
Revenue NY rev (3m)64.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.68 | ||
| Fwd PE | 7.87 | ||
| P/S | 0.99 | ||
| P/FCF | 9.34 | ||
| P/OCF | 4.2 | ||
| P/B | 0.8 | ||
| P/tB | 2.14 | ||
| EV/EBITDA | 10.18 |
EPS(TTM)2.8
EY11.52%
EPS(NY)3.09
Fwd EY12.7%
FCF(TTM)2.6
FCFY10.71%
OCF(TTM)5.78
OCFY23.8%
SpS24.54
BVpS30.24
TBVpS11.34
PEG (NY)0.85
PEG (5Y)7.75
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 | 0.41 |
F-Score4
WACC6.62%
ROIC/WACC0.58
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)0.42%
EPS 3Y0.62%
EPS 5Y1.12%
EPS Q2Q%17.46%
EPS Next Y10.18%
EPS Next 2Y7.87%
EPS Next 3Y7.54%
EPS Next 5Y8.1%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%45.52%
Revenue Next Year15.72%
Revenue Next 2Y9.16%
Revenue Next 3Y6.92%
Revenue Next 5Y1.66%
EBIT growth 1Y10%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year70.34%
EBIT Next 3Y23.67%
EBIT Next 5Y16.85%
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%