Logo image of ENB-PR-G.CA

ENBRIDGE INC - ENBCN 4.82 PERP (ENB-PR-G.CA) Stock Fundamental Analysis

Canada - TSX:ENB-PR-G - CA29250N8576

21.25 CAD
+0.75 (+3.66%)
Last: 10/21/2025, 7:00:00 PM
Fundamental Rating

5

Overall ENB-PR-G gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-G against 210 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.
ENB-PR-G had a positive operating cash flow in the past year.
In the past 5 years ENB-PR-G has always been profitable.
ENB-PR-G had a positive operating cash flow in each of the past 5 years.
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

The Return On Assets of ENB-PR-G (2.94%) is better than 65.71% of its industry peers.
ENB-PR-G has a better Return On Equity (9.51%) than 73.81% 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 69.52% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PR-G is below the industry average of 6.88%.
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

Looking at the Profit Margin, with a value of 9.65%, ENB-PR-G is in the better half of the industry, outperforming 68.10% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB-PR-G has declined.
With a decent Operating Margin value of 17.23%, ENB-PR-G is doing good in the industry, outperforming 71.43% of the companies in the same industry.
ENB-PR-G's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 40.92%, ENB-PR-G is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
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.
ENB-PR-G has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PR-G has more shares outstanding
ENB-PR-G has a worse debt/assets ratio than last year.
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 41.90% of its industry peers.
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 69.52% 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.
ENB-PR-G has a worse Debt to Equity ratio (1.50) than 64.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.5
Debt/FCF 20.73
Altman-Z 0.52
ROIC/WACC0.62
WACC6.99%
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's Current ratio of 0.75 is in line compared to the rest of the industry. ENB-PR-G outperforms 46.19% of its industry peers.
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 in line with 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

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.
The Revenue has grown by 48.17% in the past year. This is a very strong growth!
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)7.97%
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 7.85% on average over the next years.
Based on estimates for the next years, ENB-PR-G will show a small growth in Revenue. The Revenue will grow by 6.68% on average per year.
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%

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.
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

Based on the Price/Earnings ratio of 7.13, the valuation of ENB-PR-G can be described as very cheap.
Based on the Price/Earnings ratio, ENB-PR-G is valued cheaply inside the industry as 86.19% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.89, ENB-PR-G is valued rather cheaply.
ENB-PR-G is valuated cheaply with a Price/Forward Earnings ratio of 6.56.
Based on the Price/Forward Earnings ratio, ENB-PR-G is valued cheaply inside the industry as 85.24% of the companies are valued more expensively.
ENB-PR-G is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.13
Fwd PE 6.56
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 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-G indicates a somewhat cheap valuation: ENB-PR-G is cheaper than 66.19% of the companies listed in the same industry.
ENB-PR-G's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ENB-PR-G is cheaper than 83.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.51
EV/EBITDA 8.65
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

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)0.85
PEG (5Y)6.44
EPS Next 2Y7.57%
EPS Next 3Y7.73%

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.68%, ENB-PR-G is a good candidate for dividend investing.
ENB-PR-G's Dividend Yield is a higher than the industry average which is at 5.43.
ENB-PR-G's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
Industry RankSector Rank
Dividend Yield 5.68%

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 2Y7.57%
EPS Next 3Y7.73%
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 4.82 PERP

TSX:ENB-PR-G (10/21/2025, 7:00:00 PM)

21.25

+0.75 (+3.66%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)08-01 2025-08-01/bmo
Earnings (Next)11-07 2025-11-07/bmo
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap46.34B
Revenue(TTM)64.48B
Net Income(TTM)6.22B
Analysts72.86
Price Target22.11 (4.05%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.68%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years1
Div Non Decr Years1
Ex-Date08-15 2025-08-15 (0.32515)
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)0%
PT rev (3m)-3.91%
EPS NQ rev (1m)-1.79%
EPS NQ rev (3m)1.59%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6.48%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
Industry RankSector Rank
PE 7.13
Fwd PE 6.56
P/S 0.72
P/FCF 9.51
P/OCF 3.59
P/B 0.71
P/tB 1.78
EV/EBITDA 8.65
EPS(TTM)2.98
EY14.02%
EPS(NY)3.24
Fwd EY15.25%
FCF(TTM)2.24
FCFY10.52%
OCF(TTM)5.93
OCFY27.89%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.85
PEG (5Y)6.44
Graham Number44.86
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
WACC6.99%
ROIC/WACC0.62
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 Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.12%
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 4.82 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 4.82 PERP (ENB-PR-G.CA) stock?

ChartMill assigns a valuation rating of 8 / 10 to ENBRIDGE INC - ENBCN 4.82 PERP (ENB-PR-G.CA). This can be considered as Undervalued.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 4.82 PERP?

ENBRIDGE INC - ENBCN 4.82 PERP (ENB-PR-G.CA) has a profitability rating of 7 / 10.


What are the PE and PB ratios of ENBRIDGE INC - ENBCN 4.82 PERP (ENB-PR-G.CA) stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 4.82 PERP (ENB-PR-G.CA) is 7.13 and the Price/Book (PB) ratio is 0.71.


How sustainable is the dividend of ENBRIDGE INC - ENBCN 4.82 PERP (ENB-PR-G.CA) stock?

The dividend rating of ENBRIDGE INC - ENBCN 4.82 PERP (ENB-PR-G.CA) is 5 / 10 and the dividend payout ratio is 136.55%.