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ENBRIDGE INC - ENBCN 4.71 PERP (ENB-PR-G.CA) Stock Fundamental Analysis

Canada - TSX:ENB-PR-G - CA29250N8576

21.32 CAD
-0.6 (-2.74%)
Last: 11/18/2025, 7:00:00 PM
Fundamental Rating

5

Taking everything into account, ENB-PR-G scores 5 out of 10 in our fundamental rating. ENB-PR-G was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-G has a great profitability rating, there are quite some concerns on its financial health. ENB-PR-G is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

ENB-PR-G had positive earnings in the past year.
ENB-PR-G had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PR-G has been profitable.
Each year in the past 5 years ENB-PR-G had a positive operating cash flow.
ENB-PR-G.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-G.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

ENB-PR-G's Return On Assets of 2.59% is fine compared to the rest of the industry. ENB-PR-G outperforms 64.15% of its industry peers.
Looking at the Return On Equity, with a value of 8.61%, ENB-PR-G is in the better half of the industry, outperforming 71.23% of the companies in the same industry.
The Return On Invested Capital of ENB-PR-G (4.12%) is better than 68.87% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-G is below the industry average of 6.73%.
The last Return On Invested Capital (4.12%) for ENB-PR-G 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-PR-G.CA Yearly ROA, ROE, ROICENB-PR-G.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

Looking at the Profit Margin, with a value of 8.74%, ENB-PR-G is in the better half of the industry, outperforming 67.92% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB-PR-G has declined.
Looking at the Operating Margin, with a value of 16.91%, ENB-PR-G is in the better half of the industry, outperforming 68.87% of the companies in the same industry.
In the last couple of years the Operating Margin of ENB-PR-G has grown nicely.
ENB-PR-G has a Gross Margin of 41.11%. This is in the better half of the industry: ENB-PR-G outperforms 63.68% of its industry peers.
ENB-PR-G'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-G.CA Yearly Profit, Operating, Gross MarginsENB-PR-G.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-G is destroying value.
The number of shares outstanding for ENB-PR-G has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PR-G has been increased compared to 5 years ago.
Compared to 1 year ago, ENB-PR-G has a worse debt to assets ratio.
ENB-PR-G.CA Yearly Shares OutstandingENB-PR-G.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
ENB-PR-G.CA Yearly Total Debt VS Total AssetsENB-PR-G.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

ENB-PR-G has an Altman-Z score of 0.51. This is a bad value and indicates that ENB-PR-G is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.51, ENB-PR-G is in line with its industry, outperforming 41.98% of the companies in the same industry.
ENB-PR-G has a debt to FCF ratio of 25.58. This is a negative value and a sign of low solvency as ENB-PR-G would need 25.58 years to pay back of all of its debts.
ENB-PR-G has a Debt to FCF ratio of 25.58. This is in the better half of the industry: ENB-PR-G outperforms 66.98% of its industry peers.
A Debt/Equity ratio of 1.56 is on the high side and indicates that ENB-PR-G has dependencies on debt financing.
The Debt to Equity ratio of ENB-PR-G (1.56) is worse than 66.04% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.51
ROIC/WACC0.58
WACC7.11%
ENB-PR-G.CA Yearly LT Debt VS Equity VS FCFENB-PR-G.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-G has a Current Ratio of 0.80. This is a bad value and indicates that ENB-PR-G is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-G has a Current ratio (0.80) which is in line with its industry peers.
ENB-PR-G has a Quick Ratio of 0.80. This is a bad value and indicates that ENB-PR-G 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-PR-G is in line with its industry, outperforming 49.53% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
ENB-PR-G.CA Yearly Current Assets VS Current LiabilitesENB-PR-G.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-G shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.65%.
ENB-PR-G shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
Looking at the last year, ENB-PR-G shows a very strong growth in Revenue. The Revenue has grown by 32.29%.
ENB-PR-G shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
EPS 1Y (TTM)7.65%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-15.33%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%0.8%

3.2 Future

The Earnings Per Share is expected to grow by 8.00% on average over the next years. This is quite good.
ENB-PR-G is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.83% yearly.
EPS Next Y7.76%
EPS Next 2Y7.08%
EPS Next 3Y7.08%
EPS Next 5Y8%
Revenue Next Year26.64%
Revenue Next 2Y11.77%
Revenue Next 3Y10.37%
Revenue Next 5Y6.83%

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.
ENB-PR-G.CA Yearly Revenue VS EstimatesENB-PR-G.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-G.CA Yearly EPS VS EstimatesENB-PR-G.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

8

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 7.35, which indicates a rather cheap valuation of ENB-PR-G.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-G indicates a rather cheap valuation: ENB-PR-G is cheaper than 86.79% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.47, ENB-PR-G is valued rather cheaply.
The Price/Forward Earnings ratio is 6.64, which indicates a rather cheap valuation of ENB-PR-G.
Based on the Price/Forward Earnings ratio, ENB-PR-G is valued cheaply inside the industry as 85.38% of the companies are valued more expensively.
ENB-PR-G is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.42, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.35
Fwd PE 6.64
ENB-PR-G.CA Price Earnings VS Forward Price EarningsENB-PR-G.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

ENB-PR-G's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENB-PR-G is cheaper than 66.51% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PR-G indicates a rather cheap valuation: ENB-PR-G is cheaper than 80.19% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.47
EV/EBITDA 8.97
ENB-PR-G.CA Per share dataENB-PR-G.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

ENB-PR-G's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PR-G has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.95
PEG (5Y)6.64
EPS Next 2Y7.08%
EPS Next 3Y7.08%

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 6.07%, ENB-PR-G is a good candidate for dividend investing.
ENB-PR-G's Dividend Yield is rather good when compared to the industry average which is at 5.31. ENB-PR-G pays more dividend than 84.91% of the companies in the same industry.
ENB-PR-G's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
Industry RankSector Rank
Dividend Yield 6.07%

5.2 History

The dividend of ENB-PR-G has a limited annual growth rate of 4.10%.
ENB-PR-G has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years1
ENB-PR-G.CA Yearly Dividends per shareENB-PR-G.CA Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

ENB-PR-G pays out 152.61% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PR-G is growing, but earnings are growing more, so the dividend growth is sustainable.
DP152.61%
EPS Next 2Y7.08%
EPS Next 3Y7.08%
ENB-PR-G.CA Yearly Income VS Free CF VS DividendENB-PR-G.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-G.CA Dividend Payout.ENB-PR-G.CA Dividend Payout, showing the Payout Ratio.ENB-PR-G.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 4.71 PERP

TSX:ENB-PR-G (11/18/2025, 7:00:00 PM)

21.32

-0.6 (-2.74%)

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 Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap46.50B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target21.36 (0.19%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.07%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years1
Div Non Decr Years1
Ex-Date11-14 2025-11-14 (0.32411)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.98%
Min EPS beat(2)-10.35%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.92%
Min EPS beat(4)-10.35%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)0.09%
EPS beat(12)4
Avg EPS beat(12)-1.13%
EPS beat(16)5
Avg EPS beat(16)-1.82%
Revenue beat(2)2
Avg Revenue beat(2)14.49%
Min Revenue beat(2)4.4%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)41.59%
Min Revenue beat(4)4.4%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.65%
Revenue beat(12)7
Avg Revenue beat(12)26.49%
Revenue beat(16)10
Avg Revenue beat(16)20.74%
PT rev (1m)-3.41%
PT rev (3m)-7.18%
EPS NQ rev (1m)0.38%
EPS NQ rev (3m)-0.6%
EPS NY rev (1m)-0.54%
EPS NY rev (3m)-0.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.63%
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)3.41%
Valuation
Industry RankSector Rank
PE 7.35
Fwd PE 6.64
P/S 0.72
P/FCF 11.47
P/OCF 3.63
P/B 0.71
P/tB 1.84
EV/EBITDA 8.97
EPS(TTM)2.9
EY13.6%
EPS(NY)3.21
Fwd EY15.06%
FCF(TTM)1.86
FCFY8.72%
OCF(TTM)5.88
OCFY27.57%
SpS29.45
BVpS29.89
TBVpS11.57
PEG (NY)0.95
PEG (5Y)6.64
Graham Number44.16
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 0.51
F-Score5
WACC7.11%
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)7.65%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-15.33%
EPS Next Y7.76%
EPS Next 2Y7.08%
EPS Next 3Y7.08%
EPS Next 5Y8%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%0.8%
Revenue Next Year26.64%
Revenue Next 2Y11.77%
Revenue Next 3Y10.37%
Revenue Next 5Y6.83%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.29%
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 4.71 PERP / ENB-PR-G.CA FAQ

What is the fundamental rating for ENB-PR-G stock?

ChartMill assigns a fundamental rating of 5 / 10 to ENB-PR-G.CA.


What is the valuation status of ENBRIDGE INC - ENBCN 4.71 PERP (ENB-PR-G.CA) stock?

ChartMill assigns a valuation rating of 8 / 10 to ENBRIDGE INC - ENBCN 4.71 PERP (ENB-PR-G.CA). This can be considered as Undervalued.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 4.71 PERP?

ENBRIDGE INC - ENBCN 4.71 PERP (ENB-PR-G.CA) has a profitability rating of 7 / 10.


What are the PE and PB ratios of ENBRIDGE INC - ENBCN 4.71 PERP (ENB-PR-G.CA) stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 4.71 PERP (ENB-PR-G.CA) is 7.35 and the Price/Book (PB) ratio is 0.71.


How sustainable is the dividend of ENBRIDGE INC - ENBCN 4.71 PERP (ENB-PR-G.CA) stock?

The dividend rating of ENBRIDGE INC - ENBCN 4.71 PERP (ENB-PR-G.CA) is 5 / 10 and the dividend payout ratio is 152.61%.