ENBRIDGE INC - ENBCN 4.96 PERP (ENB-PR-G.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-G - CA29250N8576
22.65 CAD
-0.09 (-0.4%)
We assign a fundamental rating of 5 out of 10 to ENB-PR-G. ENB-PR-G was compared to 216 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 may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-G was profitable.
ENB-PR-G had a positive operating cash flow in the past year.
ENB-PR-G had positive earnings in each of the past 5 years.
Each year in the past 5 years ENB-PR-G had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.94%, ENB-PR-G is in the better half of the industry, outperforming 61.57% of the companies in the same industry.
The Return On Equity of ENB-PR-G (9.51%) is better than 69.44% of its industry peers.
ENB-PR-G's Return On Invested Capital of 4.33% is fine compared to the rest of the industry. ENB-PR-G outperforms 64.81% 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 6.93%.
The last Return On Invested Capital (4.33%) for ENB-PR-G is above the 3 year average (3.99%), which is a sign of increasing profitability.
| 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
ENB-PR-G has a better Profit Margin (9.65%) than 63.89% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-G has declined.
ENB-PR-G's Operating Margin of 17.23% is fine compared to the rest of the industry. ENB-PR-G outperforms 65.74% of its industry peers.
ENB-PR-G's Operating Margin has improved in the last couple of years.
The Gross Margin of ENB-PR-G (40.92%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ENB-PR-G has grown nicely.
| 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-G is destroying value.
The number of shares outstanding for ENB-PR-G has been increased compared to 1 year ago.
ENB-PR-G has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ENB-PR-G has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.54, 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 (0.54) which is comparable to the rest of the industry.
The Debt to FCF ratio of ENB-PR-G is 20.73, which is on the high side as it means it would take ENB-PR-G, 20.73 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 20.73, ENB-PR-G is doing good in the industry, outperforming 63.89% of the companies in the same industry.
ENB-PR-G 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-G is doing worse than 70.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.6
WACC7.19%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PR-G may have some problems paying its short term obligations.
With a Current ratio value of 0.75, ENB-PR-G perfoms like the industry average, outperforming 40.74% of the companies in the same industry.
A Quick Ratio of 0.65 indicates that ENB-PR-G may have some problems paying its short term obligations.
ENB-PR-G has a Quick ratio (0.65) which 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
The Earnings Per Share has been growing slightly by 7.97% over the past year.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
ENB-PR-G 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
ENB-PR-G is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.56% yearly.
Based on estimates for the next years, ENB-PR-G 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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
ENB-PR-G is valuated cheaply with a Price/Earnings ratio of 7.60.
Based on the Price/Earnings ratio, ENB-PR-G is valued a bit cheaper than the industry average as 79.63% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.20. ENB-PR-G is valued rather cheaply when compared to this.
ENB-PR-G is valuated cheaply with a Price/Forward Earnings ratio of 7.08.
Based on the Price/Forward Earnings ratio, ENB-PR-G is valued a bit cheaper than 78.70% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ENB-PR-G to the average of the S&P500 Index (22.70), we can say ENB-PR-G is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.6 | ||
| Fwd PE | 7.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-G is on the same level as its industry peers.
ENB-PR-G's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-G is cheaper than 78.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.13 | ||
| EV/EBITDA | 8.93 |
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)0.97
PEG (5Y)6.86
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.97%, ENB-PR-G is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.90, ENB-PR-G pays a better dividend. On top of this ENB-PR-G pays more dividend than 90.28% of the companies listed in the same industry.
ENB-PR-G'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-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
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 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 4.96 PERP
TSX:ENB-PR-G (9/16/2025, 7:00:00 PM)
22.65
-0.09 (-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 Cap49.40B
Analysts72.86
Price Target22.11 (-2.38%)
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 Years1
Div Non Decr Years1
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)-3.91%
PT rev (3m)3.04%
EPS NQ rev (1m)3.66%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.6 | ||
| Fwd PE | 7.08 | ||
| P/S | 0.77 | ||
| P/FCF | 10.13 | ||
| P/OCF | 3.82 | ||
| P/B | 0.75 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 8.93 |
EPS(TTM)2.98
EY13.16%
EPS(NY)3.2
Fwd EY14.13%
FCF(TTM)2.24
FCFY9.87%
OCF(TTM)5.93
OCFY26.17%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.97
PEG (5Y)6.86
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 | 0.54 |
F-Score5
WACC7.19%
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%