ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Fundamental Analysis & Valuation
TSX:ENB-PR-A • CA29250N2041
Current stock price
This ENB-PR-A.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ENB-PR-A.CA Profitability Analysis
1.1 Basic Checks
- ENB-PR-A had positive earnings in the past year.
- ENB-PR-A had a positive operating cash flow in the past year.
- Each year in the past 5 years ENB-PR-A has been profitable.
- In the past 5 years ENB-PR-A always reported a positive cash flow from operatings.
1.2 Ratios
- ENB-PR-A has a Return On Assets of 3.24%. This is in the better half of the industry: ENB-PR-A outperforms 67.14% of its industry peers.
- With a decent Return On Equity value of 11.35%, ENB-PR-A is doing good in the industry, outperforming 75.24% of the companies in the same industry.
- The Return On Invested Capital of ENB-PR-A (4.46%) is better than 62.38% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-A is below the industry average of 6.65%.
- The last Return On Invested Capital (4.46%) for ENB-PR-A is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROIC | 4.46% |
1.3 Margins
- ENB-PR-A has a better Profit Margin (10.85%) than 68.57% of its industry peers.
- In the last couple of years the Profit Margin of ENB-PR-A has grown nicely.
- With a decent Operating Margin value of 17.37%, ENB-PR-A is doing good in the industry, outperforming 68.57% of the companies in the same industry.
- In the last couple of years the Operating Margin of ENB-PR-A has declined.
- Looking at the Gross Margin, with a value of 41.37%, ENB-PR-A is in the better half of the industry, outperforming 63.81% of the companies in the same industry.
- In the last couple of years the Gross Margin of ENB-PR-A has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% |
2. ENB-PR-A.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-A is destroying value.
- Compared to 1 year ago, ENB-PR-A has about the same amount of shares outstanding.
- Compared to 5 years ago, ENB-PR-A has more shares outstanding
- The debt/assets ratio for ENB-PR-A is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.49, we must say that ENB-PR-A is in the distress zone and has some risk of bankruptcy.
- ENB-PR-A has a Altman-Z score (0.49) which is in line with its industry peers.
- ENB-PR-A has a debt to FCF ratio of 33.90. This is a negative value and a sign of low solvency as ENB-PR-A would need 33.90 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 33.90, ENB-PR-A is doing good in the industry, outperforming 60.48% of the companies in the same industry.
- A Debt/Equity ratio of 1.61 is on the high side and indicates that ENB-PR-A has dependencies on debt financing.
- ENB-PR-A has a Debt to Equity ratio of 1.61. This is in the lower half of the industry: ENB-PR-A underperforms 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Altman-Z | 0.49 |
2.3 Liquidity
- ENB-PR-A has a Current Ratio of 0.63. This is a bad value and indicates that ENB-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.63, ENB-PR-A is doing worse than 61.90% of the companies in the same industry.
- ENB-PR-A has a Quick Ratio of 0.63. This is a bad value and indicates that ENB-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.55, ENB-PR-A is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 |
3. ENB-PR-A.CA Growth Analysis
3.1 Past
- ENB-PR-A shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.86%.
- Measured over the past 5 years, ENB-PR-A shows a small growth in Earnings Per Share. The EPS has been growing by 4.44% on average per year.
- The Revenue has grown by 21.92% in the past year. This is a very strong growth!
- The Revenue has been growing by 10.77% on average over the past years. This is quite good.
3.2 Future
- The Earnings Per Share is expected to grow by 4.39% on average over the next years.
- Based on estimates for the next years, ENB-PR-A will show a small growth in Revenue. The Revenue will grow by 0.76% on average per year.
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 stable.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. ENB-PR-A.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 8.06, the valuation of ENB-PR-A can be described as very reasonable.
- Based on the Price/Earnings ratio, ENB-PR-A is valued cheaper than 84.29% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.58. ENB-PR-A is valued rather cheaply when compared to this.
- ENB-PR-A is valuated reasonably with a Price/Forward Earnings ratio of 8.02.
- Based on the Price/Forward Earnings ratio, ENB-PR-A is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
- ENB-PR-A is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.81, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 8.02 |
4.2 Price Multiples
- ENB-PR-A's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENB-PR-A is cheaper than 61.43% of the companies in the same industry.
- 70.48% of the companies in the same industry are more expensive than ENB-PR-A, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.11 | ||
| EV/EBITDA | 9.19 |
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-PR-A has a very decent profitability rating, which may justify a higher PE ratio.
5. ENB-PR-A.CA Dividend Analysis
5.1 Amount
- ENB-PR-A has a Yearly Dividend Yield of 5.14%, which is a nice return.
- ENB-PR-A's Dividend Yield is rather good when compared to the industry average which is at 4.54. ENB-PR-A pays more dividend than 89.52% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, ENB-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
5.2 History
- The dividend of ENB-PR-A has a limited annual growth rate of 2.95%.
- ENB-PR-A has paid a dividend for at least 10 years, which is a reliable track record.
- ENB-PR-A has not decreased their dividend for at least 10 years, which is a reliable track record.
5.3 Sustainability
- ENB-PR-A pays out 122.16% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ENB-PR-A is growing, but earnings are growing more, so the dividend growth is sustainable.
ENB-PR-A.CA Fundamentals: All Metrics, Ratios and Statistics
ENBRIDGE INC - ENBCN 5 1/2 PERP
TSX:ENB-PR-A (3/31/2026, 7:00:00 PM)
24.35
-0.05 (-0.2%)
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 8.02 | ||
| P/S | 0.81 | ||
| P/FCF | 17.11 | ||
| P/OCF | 4.33 | ||
| P/B | 0.85 | ||
| P/tB | 2.3 | ||
| EV/EBITDA | 9.19 |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROCE | 5.73% | ||
| ROIC | 4.46% | ||
| ROICexc | 4.49% | ||
| ROICexgc | 5.6% | ||
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% | ||
| FCFM | 4.76% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Debt/EBITDA | 5.9 | ||
| Cap/Depr | 161.9% | ||
| Cap/Sales | 14.06% | ||
| Interest Coverage | 2.3 | ||
| Cash Conversion | 72.25% | ||
| Profit Quality | 43.91% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.49 |
ENBRIDGE INC - ENBCN 5 1/2 PERP / ENB-PR-A.CA Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for ENBRIDGE INC - ENBCN 5 1/2 PERP?
ChartMill assigns a fundamental rating of 5 / 10 to ENB-PR-A.CA.
What is the valuation status of ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA). This can be considered as Fairly Valued.
What is the profitability of ENB-PR-A stock?
ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) has a profitability rating of 6 / 10.
What is the financial health of ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) stock?
The financial health rating of ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is 1 / 10.
Can you provide the expected EPS growth for ENB-PR-A stock?
The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is expected to grow by 0.58% in the next year.