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ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:ENB-PR-A - CA29250N2041

24.69 CAD
-0.11 (-0.44%)
Last: 12/8/2025, 7:00:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ENB-PR-A. ENB-PR-A was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PR-A while its profitability can be described as average. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-A. Finally ENB-PR-A also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year ENB-PR-A was profitable.
In the past year ENB-PR-A had a positive cash flow from operations.
In the past 5 years ENB-PR-A has always been profitable.
ENB-PR-A had a positive operating cash flow in each of the past 5 years.
ENB-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B

1.2 Ratios

Looking at the Return On Assets, with a value of 2.59%, ENB-PR-A is in line with its industry, outperforming 59.17% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.61%, ENB-PR-A is in the better half of the industry, outperforming 66.51% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.12%, ENB-PR-A is doing good in the industry, outperforming 64.22% of the companies in the same industry.
ENB-PR-A had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.53%.
The 3 year average ROIC (3.99%) for ENB-PR-A is below the current ROIC(4.12%), indicating increased profibility in the last year.
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-PR-A.CA Yearly ROA, ROE, ROICENB-PR-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 4 6 8

1.3 Margins

ENB-PR-A's Profit Margin of 8.74% is fine compared to the rest of the industry. ENB-PR-A outperforms 63.30% of its industry peers.
ENB-PR-A's Profit Margin has declined in the last couple of years.
ENB-PR-A's Operating Margin of 16.91% is fine compared to the rest of the industry. ENB-PR-A outperforms 64.68% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-A has grown nicely.
ENB-PR-A has a Gross Margin of 41.11%. This is comparable to the rest of the industry: ENB-PR-A outperforms 57.80% of its industry peers.
ENB-PR-A'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-PR-A.CA Yearly Profit, Operating, Gross MarginsENB-PR-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-A is destroying value.
The number of shares outstanding for ENB-PR-A has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PR-A has been increased compared to 5 years ago.
Compared to 1 year ago, ENB-PR-A has a worse debt to assets ratio.
ENB-PR-A.CA Yearly Shares OutstandingENB-PR-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
ENB-PR-A.CA Yearly Total Debt VS Total AssetsENB-PR-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 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-PR-A is in the distress zone and has some risk of bankruptcy.
ENB-PR-A has a Altman-Z score (0.53) which is in line with its industry peers.
The Debt to FCF ratio of ENB-PR-A is 25.58, which is on the high side as it means it would take ENB-PR-A, 25.58 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 25.58, ENB-PR-A is in the better half of the industry, outperforming 62.84% of the companies in the same industry.
ENB-PR-A has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.56, ENB-PR-A is doing worse than 71.10% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.53
ROIC/WACC0.59
WACC6.99%
ENB-PR-A.CA Yearly LT Debt VS Equity VS FCFENB-PR-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

ENB-PR-A has a Current Ratio of 0.80. 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.
ENB-PR-A's Current ratio of 0.80 is in line compared to the rest of the industry. ENB-PR-A outperforms 47.71% of its industry peers.
ENB-PR-A has a Quick Ratio of 0.80. 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.
ENB-PR-A has a Quick ratio (0.68) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
ENB-PR-A.CA Yearly Current Assets VS Current LiabilitesENB-PR-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

3. Growth

3.1 Past

ENB-PR-A shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.43%.
ENB-PR-A shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
The Revenue has grown by 32.29% 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)7.43%
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

ENB-PR-A is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.51% yearly.
The Revenue is expected to grow by 7.45% on average over the next years.
EPS Next Y4.84%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
EPS Next 5Y7.51%
Revenue Next Year33.14%
Revenue Next 2Y15.47%
Revenue Next 3Y11.16%
Revenue Next 5Y7.45%

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-PR-A.CA Yearly Revenue VS EstimatesENB-PR-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
ENB-PR-A.CA Yearly EPS VS EstimatesENB-PR-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4 5

7

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 8.54 indicates a reasonable valuation of ENB-PR-A.
Based on the Price/Earnings ratio, ENB-PR-A is valued cheaply inside the industry as 80.28% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.34, ENB-PR-A is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.81, the valuation of ENB-PR-A can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PR-A indicates a rather cheap valuation: ENB-PR-A is cheaper than 80.73% of the companies listed in the same industry.
ENB-PR-A's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.56.
Industry RankSector Rank
PE 8.54
Fwd PE 7.81
ENB-PR-A.CA Price Earnings VS Forward Price EarningsENB-PR-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-A is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, ENB-PR-A is valued a bit cheaper than 72.02% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.28
EV/EBITDA 9.42
ENB-PR-A.CA Per share dataENB-PR-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ENB-PR-A may justify a higher PE ratio.
PEG (NY)1.77
PEG (5Y)7.72
EPS Next 2Y6.24%
EPS Next 3Y7.32%

8

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.77%, ENB-PR-A is a good candidate for dividend investing.
ENB-PR-A's Dividend Yield is rather good when compared to the industry average which is at 6.83. ENB-PR-A pays more dividend than 91.28% of the companies in the same industry.
ENB-PR-A's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
Industry RankSector Rank
Dividend Yield 5.77%

5.2 History

The dividend of ENB-PR-A has a limited annual growth rate of 4.10%.
ENB-PR-A has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-A has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.1%
Div Incr Years0
Div Non Decr Years25
ENB-PR-A.CA Yearly Dividends per shareENB-PR-A.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

152.61% of the earnings are spent on dividend by ENB-PR-A. 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.
DP152.61%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
ENB-PR-A.CA Yearly Income VS Free CF VS DividendENB-PR-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B
ENB-PR-A.CA Dividend Payout.ENB-PR-A.CA Dividend Payout, showing the Payout Ratio.ENB-PR-A.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 5 1/2 PERP

TSX:ENB-PR-A (12/8/2025, 7:00:00 PM)

24.69

-0.11 (-0.44%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07 2025-11-07/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners55.47%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap53.86B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target26.13 (5.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.77%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years0
Div Non Decr Years25
Ex-Date11-14 2025-11-14 (0.34375)
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)0.05%
PT rev (3m)3.99%
EPS NQ rev (1m)-1.22%
EPS NQ rev (3m)-2.16%
EPS NY rev (1m)-2.72%
EPS NY rev (3m)-2.76%
Revenue NQ rev (1m)5.69%
Revenue NQ rev (3m)6.18%
Revenue NY rev (1m)5.13%
Revenue NY rev (3m)4.13%
Valuation
Industry RankSector Rank
PE 8.54
Fwd PE 7.81
P/S 0.84
P/FCF 13.28
P/OCF 4.2
P/B 0.83
P/tB 2.13
EV/EBITDA 9.42
EPS(TTM)2.89
EY11.71%
EPS(NY)3.16
Fwd EY12.8%
FCF(TTM)1.86
FCFY7.53%
OCF(TTM)5.88
OCFY23.81%
SpS29.45
BVpS29.88
TBVpS11.57
PEG (NY)1.77
PEG (5Y)7.72
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
WACC6.99%
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 Y4.84%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
EPS Next 5Y7.51%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year33.14%
Revenue Next 2Y15.47%
Revenue Next 3Y11.16%
Revenue Next 5Y7.45%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.02%
EBIT Next 3Y24.16%
EBIT Next 5Y16.05%
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 1/2 PERP / ENB-PR-A.CA 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 for ENB-PR-A stock?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA). This can be considered as Undervalued.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 5 1/2 PERP?

ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for ENB-PR-A stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is 8.54 and the Price/Book (PB) ratio is 0.83.


What is the expected EPS growth for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) stock?

The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is expected to grow by 4.84% in the next year.