ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-A - CA29250N2041
24.9 CAD
+0.1 (+0.4%)
ENB-PR-A gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 216 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-A is still in line with the averages on profitability rating, there are concerns on its financial health. ENB-PR-A has a correct valuation and a medium growth rate. Finally ENB-PR-A also has an excellent dividend rating.
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.
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 (2.94%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 9.51%, ENB-PR-A is in the better half of the industry, outperforming 67.13% of the companies in the same industry.
The Return On Invested Capital of ENB-PR-A (4.33%) is better than 62.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PR-A is below the industry average of 6.93%.
The 3 year average ROIC (3.99%) for ENB-PR-A is below the current ROIC(4.33%), indicating increased profibility in the last year.
| 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
With a decent Profit Margin value of 9.65%, ENB-PR-A is doing good in the industry, outperforming 61.57% of the companies in the same industry.
ENB-PR-A's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-A (17.23%) is better than 63.43% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-A has grown nicely.
Looking at the Gross Margin, with a value of 40.92%, ENB-PR-A is in line with its industry, outperforming 56.94% of the companies in the same industry.
ENB-PR-A'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-PR-A is destroying value.
Compared to 1 year ago, ENB-PR-A has more 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 0.56, we must say that ENB-PR-A is in the distress zone and has some risk of bankruptcy.
ENB-PR-A's Altman-Z score of 0.56 is in line compared to the rest of the industry. ENB-PR-A outperforms 50.93% of its industry peers.
ENB-PR-A has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-A would need 20.73 years to pay back of all of its debts.
The Debt to FCF ratio of ENB-PR-A (20.73) is better than 61.57% of its industry peers.
ENB-PR-A has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.50, ENB-PR-A is doing worse than 72.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.6
WACC7.21%
2.3 Liquidity
ENB-PR-A has a Current Ratio of 0.75. 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 Current ratio value of 0.75, ENB-PR-A is not doing good in the industry: 61.57% of the companies in the same industry are doing better.
A Quick Ratio of 0.65 indicates that ENB-PR-A may have some problems paying its short term obligations.
The Quick ratio of ENB-PR-A (0.65) 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-PR-A shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.97%.
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.
ENB-PR-A shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.17%.
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
The Earnings Per Share is expected to grow by 7.56% 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 6.39% on average per year.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
Revenue Next 5Y6.39%
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
A Price/Earnings ratio of 8.36 indicates a reasonable valuation of ENB-PR-A.
Based on the Price/Earnings ratio, ENB-PR-A is valued a bit cheaper than the industry average as 74.07% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.20, ENB-PR-A is valued rather cheaply.
A Price/Forward Earnings ratio of 7.78 indicates a rather cheap valuation of ENB-PR-A.
74.07% of the companies in the same industry are more expensive than ENB-PR-A, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.71. ENB-PR-A is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 7.78 |
4.2 Price Multiples
ENB-PR-A's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, ENB-PR-A is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.14 | ||
| EV/EBITDA | 9.23 |
4.3 Compensation for Growth
ENB-PR-A's 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)1.07
PEG (5Y)7.55
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PR-A has a Yearly Dividend Yield of 6.97%, which is a nice return.
Compared to an average industry Dividend Yield of 5.90, ENB-PR-A pays a better dividend. On top of this ENB-PR-A pays more dividend than 92.59% of the companies listed in the same industry.
ENB-PR-A's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
5.2 History
The dividend of ENB-PR-A has a limited annual growth rate of 4.10%.
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.
Dividend Growth(5Y)4.1%
Div Incr Years0
Div Non Decr Years25
5.3 Sustainability
ENB-PR-A pays out 136.55% 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.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 5 1/2 PERP
TSX:ENB-PR-A (9/16/2025, 7:00:00 PM)
24.9
+0.1 (+0.4%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners53.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap54.30B
Analysts72.86
Price Target24.9 (0%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years25
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)-3.69%
PT rev (3m)2.91%
EPS NQ rev (1m)0.76%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)-11.65%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 7.78 | ||
| P/S | 0.84 | ||
| P/FCF | 11.14 | ||
| P/OCF | 4.2 | ||
| P/B | 0.83 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 9.23 |
EPS(TTM)2.98
EY11.97%
EPS(NY)3.2
Fwd EY12.85%
FCF(TTM)2.24
FCFY8.98%
OCF(TTM)5.93
OCFY23.8%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1.07
PEG (5Y)7.55
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 | 0.56 |
F-Score5
WACC7.21%
ROIC/WACC0.6
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 Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
Revenue Next 5Y6.39%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.81%
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%