ENBRIDGE INC - ENBCN 5.15 PERP (ENB-PR-G.CA) Stock Fundamental Analysis
TSX:ENB-PR-G - Toronto Stock Exchange - CA29250N8576 - Currency: CAD
Overall ENB-PR-G gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-G against 207 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-G.
1. Profitability
1.1 Basic Checks
ENB-PR-G had positive earnings in the past year.
In the past year ENB-PR-G had a positive cash flow from operations.
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
With a decent Return On Assets value of 2.68%, ENB-PR-G is doing good in the industry, outperforming 62.38% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.64%, ENB-PR-G is in the better half of the industry, outperforming 67.62% of the companies in the same industry.
The Return On Invested Capital of ENB-PR-G (4.07%) is better than 64.76% 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 7.39%.
The last Return On Invested Capital (4.07%) for ENB-PR-G is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 8.64% | ||
| ROIC | 4.07% |
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's Profit Margin of 9.67% is fine compared to the rest of the industry. ENB-PR-G outperforms 68.10% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-G has declined.
ENB-PR-G has a better Operating Margin (17.53%) than 65.24% of its industry peers.
ENB-PR-G's Operating Margin has improved in the last couple of years.
ENB-PR-G has a Gross Margin (42.37%) which is comparable to the rest of the industry.
ENB-PR-G's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.53% | ||
| PM (TTM) | 9.67% | ||
| GM | 42.37% |
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.
The number of shares outstanding for ENB-PR-G has been increased compared to 5 years ago.
ENB-PR-G has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that ENB-PR-G is in the distress zone and has some risk of bankruptcy.
ENB-PR-G's Altman-Z score of 0.48 is in line compared to the rest of the industry. ENB-PR-G outperforms 45.71% of its industry peers.
ENB-PR-G has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-G would need 20.56 years to pay back of all of its debts.
ENB-PR-G has a better Debt to FCF ratio (20.56) than 61.43% of its industry peers.
A Debt/Equity ratio of 1.44 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 1.44, ENB-PR-G is doing worse than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.56
WACC7.29%
2.3 Liquidity
ENB-PR-G has a Current Ratio of 0.73. 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 Current ratio, with a value of 0.73, ENB-PR-G is in line with its industry, outperforming 50.00% of the companies in the same industry.
ENB-PR-G has a Quick Ratio of 0.73. 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.
With a Quick ratio value of 0.66, ENB-PR-G perfoms like the industry average, outperforming 49.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
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 1.75%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
Looking at the last year, ENB-PR-G shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
3.2 Future
The Earnings Per Share is expected to grow by 7.83% 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 6.39% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PR-G is valuated cheaply with a Price/Earnings ratio of 7.30.
ENB-PR-G's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-G is cheaper than 81.90% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENB-PR-G to the average of the S&P500 Index (27.30), we can say ENB-PR-G is valued rather cheaply.
The Price/Forward Earnings ratio is 6.54, which indicates a rather cheap valuation of ENB-PR-G.
Based on the Price/Forward Earnings ratio, ENB-PR-G is valued a bit cheaper than the industry average as 79.52% of the companies are valued more expensively.
ENB-PR-G is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.3 | ||
| Fwd PE | 6.54 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PR-G.
Based on the Price/Free Cash Flow ratio, ENB-PR-G is valued a bit cheaper than the industry average as 78.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.24 | ||
| EV/EBITDA | 9.12 |
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)0.88
PEG (5Y)6.59
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-G has a Yearly Dividend Yield of 6.68%, which is a nice return.
Compared to an average industry Dividend Yield of 6.35, ENB-PR-G pays a better dividend. On top of this ENB-PR-G pays more dividend than 86.67% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, ENB-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
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
5.3 Sustainability
ENB-PR-G pays out 142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.15 PERP
TSX:ENB-PR-G (6/27/2025, 7:00:00 PM)
21.25
0 (0%)
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 Cap46.33B
Analysts72.14
Price Target23.01 (8.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.86%
Min EPS beat(2)-0.67%
Max EPS beat(2)6.39%
EPS beat(4)1
Avg EPS beat(4)-1.5%
Min EPS beat(4)-9.75%
Max EPS beat(4)6.39%
EPS beat(8)3
Avg EPS beat(8)-0.03%
EPS beat(12)4
Avg EPS beat(12)-1.51%
EPS beat(16)6
Avg EPS beat(16)-0.67%
Revenue beat(2)2
Avg Revenue beat(2)68.68%
Min Revenue beat(2)28.78%
Max Revenue beat(2)108.58%
Revenue beat(4)4
Avg Revenue beat(4)87.88%
Min Revenue beat(4)28.78%
Max Revenue beat(4)117.73%
Revenue beat(8)5
Avg Revenue beat(8)39.78%
Revenue beat(12)6
Avg Revenue beat(12)23.62%
Revenue beat(16)10
Avg Revenue beat(16)21.8%
PT rev (1m)7.23%
PT rev (3m)7.23%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-13.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.3 | ||
| Fwd PE | 6.54 | ||
| P/S | 0.76 | ||
| P/FCF | 9.24 | ||
| P/OCF | 3.71 | ||
| P/B | 0.68 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 9.12 |
EPS(TTM)2.91
EY13.69%
EPS(NY)3.25
Fwd EY15.29%
FCF(TTM)2.3
FCFY10.83%
OCF(TTM)5.73
OCFY26.99%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.88
PEG (5Y)6.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 8.64% | ||
| ROCE | 5.31% | ||
| ROIC | 4.07% | ||
| ROICexc | 4.11% | ||
| ROICexgc | 5.17% | ||
| OM | 17.53% | ||
| PM (TTM) | 9.67% | ||
| GM | 42.37% | ||
| FCFM | 8.23% |
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 Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Debt/EBITDA | 6.1 | ||
| Cap/Depr | 139.09% | ||
| Cap/Sales | 12.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.81% | ||
| Profit Quality | 85.09% | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 0.48 |
F-Score5
WACC7.29%
ROIC/WACC0.56
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)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y6.39%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.89%
FCF growth 1Y-30.74%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y2.84%
OCF growth 3Y10.83%
OCF growth 5Y6.04%