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ENBRIDGE INC - ENBCN 4.73 PERP (ENB-PR-G.CA) Stock Fundamental Analysis

Canada - TSX:ENB-PR-G - CA29250N8576

20.65 CAD
-0.85 (-3.95%)
Last: 11/7/2025, 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 214 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-G scores excellent on profitability, but there are concerns on its financial health. ENB-PR-G scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

In the past year ENB-PR-G was profitable.
In the past year ENB-PR-G had a positive cash flow from operations.
In the past 5 years ENB-PR-G has always been profitable.
In the past 5 years ENB-PR-G always reported a positive cash flow from operatings.
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 2.94% is fine compared to the rest of the industry. ENB-PR-G outperforms 68.49% of its industry peers.
Looking at the Return On Equity, with a value of 9.51%, ENB-PR-G is in the better half of the industry, outperforming 74.43% of the companies in the same industry.
ENB-PR-G has a better Return On Invested Capital (4.33%) than 70.78% of its industry peers.
ENB-PR-G had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.87%.
The 3 year average ROIC (3.99%) for ENB-PR-G is below the current ROIC(4.33%), indicating increased profibility in the last year.
Industry RankSector 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%
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

ENB-PR-G's Profit Margin of 9.65% is fine compared to the rest of the industry. ENB-PR-G outperforms 69.86% of its industry peers.
ENB-PR-G's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-G (17.23%) is better than 73.06% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-G has grown nicely.
ENB-PR-G has a Gross Margin of 40.92%. This is in the better half of the industry: ENB-PR-G outperforms 65.30% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-G has grown nicely.
Industry RankSector 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%
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

ENB-PR-G has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ENB-PR-G has more shares outstanding
Compared to 5 years ago, ENB-PR-G has more shares outstanding
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

Based on the Altman-Z score of 0.52, we must say that ENB-PR-G is in the distress zone and has some risk of bankruptcy.
ENB-PR-G has a Altman-Z score of 0.52. This is comparable to the rest of the industry: ENB-PR-G outperforms 42.47% of its industry peers.
ENB-PR-G has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-G would need 20.73 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 20.73, ENB-PR-G is in the better half of the industry, outperforming 70.78% of the companies in the same industry.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PR-G has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.50, ENB-PR-G is doing worse than 62.10% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.5
Debt/FCF 20.73
Altman-Z 0.52
ROIC/WACC0.63
WACC6.91%
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 0.75. 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 (0.75) which is comparable to the rest of the industry.
ENB-PR-G has a Quick Ratio of 0.75. 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's Quick ratio of 0.65 is in line compared to the rest of the industry. ENB-PR-G outperforms 51.60% of its industry peers.
Industry RankSector Rank
Current Ratio 0.75
Quick Ratio 0.65
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%.
Measured over the past 5 years, ENB-PR-G shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
Looking at the last year, ENB-PR-G shows a very strong growth in Revenue. The Revenue has grown by 22.51%.
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)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%0.8%

3.2 Future

ENB-PR-G is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.00% yearly.
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.
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-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

ENB-PR-G is valuated cheaply with a Price/Earnings ratio of 7.12.
89.50% of the companies in the same industry are more expensive than ENB-PR-G, based on the Price/Earnings ratio.
ENB-PR-G is valuated cheaply when we compare the Price/Earnings ratio to 26.06, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.43 indicates a rather cheap valuation of ENB-PR-G.
89.04% of the companies in the same industry are more expensive than ENB-PR-G, based on the Price/Forward Earnings ratio.
ENB-PR-G is valuated cheaply when we compare the Price/Forward Earnings ratio to 32.73, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.12
Fwd PE 6.43
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

Based on the Enterprise Value to EBITDA ratio, ENB-PR-G is valued a bit cheaper than 68.95% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENB-PR-G is valued cheaper than 84.93% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.24
EV/EBITDA 8.67
ENB-PR-G.CA Per share dataENB-PR-G.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ENB-PR-G may justify a higher PE ratio.
PEG (NY)0.92
PEG (5Y)6.43
EPS Next 2Y7.08%
EPS Next 3Y7.08%

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 3.32%, ENB-PR-G has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.97, ENB-PR-G pays a bit more dividend than its industry peers.
ENB-PR-G's Dividend Yield is a higher than the S&P500 average which is at 2.37.
Industry RankSector Rank
Dividend Yield 3.32%

5.2 History

The dividend of ENB-PR-G has a limited annual growth rate of 4.10%.
ENB-PR-G has been paying a dividend for less than 5 years, so it still needs to build a track record.
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 136.55% 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.
DP136.55%
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 4.73 PERP

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

20.65

-0.85 (-3.95%)

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 Cap45.03B
Revenue(TTM)53.47B
Net Income(TTM)6.22B
Analysts72.14
Price Target21.36 (3.44%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.32%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years1
Div Non Decr Years1
Ex-Date11-14 2025-11-14 (0.32411)
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)-3.41%
PT rev (3m)-7.18%
EPS NQ rev (1m)-5.79%
EPS NQ rev (3m)-2.51%
EPS NY rev (1m)-0.54%
EPS NY rev (3m)-0.52%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6.48%
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)3.41%
Valuation
Industry RankSector Rank
PE 7.12
Fwd PE 6.43
P/S 0.7
P/FCF 9.24
P/OCF 3.48
P/B 0.69
P/tB 1.73
EV/EBITDA 8.67
EPS(TTM)2.9
EY14.04%
EPS(NY)3.21
Fwd EY15.55%
FCF(TTM)2.24
FCFY10.83%
OCF(TTM)5.93
OCFY28.7%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.92
PEG (5Y)6.43
Graham Number44.25
Profitability
Industry RankSector 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%
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 1.5
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 0.52
F-Score5
WACC6.91%
ROIC/WACC0.63
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)22.51%
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 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.29%
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%

ENBRIDGE INC - ENBCN 4.73 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 4.73 PERP (ENB-PR-G.CA) stock?

ChartMill assigns a valuation rating of 8 / 10 to ENBRIDGE INC - ENBCN 4.73 PERP (ENB-PR-G.CA). This can be considered as Undervalued.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 4.73 PERP?

ENBRIDGE INC - ENBCN 4.73 PERP (ENB-PR-G.CA) has a profitability rating of 7 / 10.


What are the PE and PB ratios of ENBRIDGE INC - ENBCN 4.73 PERP (ENB-PR-G.CA) stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 4.73 PERP (ENB-PR-G.CA) is 7.12 and the Price/Book (PB) ratio is 0.69.


How sustainable is the dividend of ENBRIDGE INC - ENBCN 4.73 PERP (ENB-PR-G.CA) stock?

The dividend rating of ENBRIDGE INC - ENBCN 4.73 PERP (ENB-PR-G.CA) is 5 / 10 and the dividend payout ratio is 136.55%.