ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:ENB-PR-I • CA29250N8329
19.75 CAD
0 (0%)
Last: Jan 14, 2026, 07:00 PM
Taking everything into account, ENB-PR-I scores 5 out of 10 in our fundamental rating. ENB-PR-I was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-I has a great profitability rating, there are quite some concerns on its financial health. ENB-PR-I may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- ENB-PR-I had positive earnings in the past year.
- ENB-PR-I had a positive operating cash flow in the past year.
- ENB-PR-I had positive earnings in each of the past 5 years.
- ENB-PR-I had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ENB-PR-I has a better Return On Assets (2.59%) than 67.29% of its industry peers.
- ENB-PR-I has a Return On Equity of 8.61%. This is in the better half of the industry: ENB-PR-I outperforms 75.23% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.12%, ENB-PR-I is in the better half of the industry, outperforming 72.90% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ENB-PR-I is below the industry average of 6.62%.
- The 3 year average ROIC (3.99%) for ENB-PR-I is below the current ROIC(4.12%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- ENB-PR-I has a better Profit Margin (8.74%) than 71.96% of its industry peers.
- In the last couple of years the Profit Margin of ENB-PR-I has declined.
- ENB-PR-I's Operating Margin of 16.91% is fine compared to the rest of the industry. ENB-PR-I outperforms 73.83% of its industry peers.
- In the last couple of years the Operating Margin of ENB-PR-I has grown nicely.
- ENB-PR-I has a Gross Margin of 41.11%. This is in the better half of the industry: ENB-PR-I outperforms 66.82% of its industry peers.
- In the last couple of years the Gross Margin of ENB-PR-I has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PR-I is destroying value.
- Compared to 1 year ago, ENB-PR-I has more shares outstanding
- ENB-PR-I has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ENB-PR-I has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.49, we must say that ENB-PR-I is in the distress zone and has some risk of bankruptcy.
- ENB-PR-I has a Altman-Z score (0.49) which is comparable to the rest of the industry.
- ENB-PR-I has a debt to FCF ratio of 25.58. This is a negative value and a sign of low solvency as ENB-PR-I would need 25.58 years to pay back of all of its debts.
- ENB-PR-I has a better Debt to FCF ratio (25.58) than 70.56% of its industry peers.
- A Debt/Equity ratio of 1.56 is on the high side and indicates that ENB-PR-I has dependencies on debt financing.
- ENB-PR-I has a Debt to Equity ratio of 1.56. This is in the lower half of the industry: ENB-PR-I underperforms 60.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 25.58 | ||
| Altman-Z | 0.49 |
ROIC/WACC0.59
WACC6.95%
2.3 Liquidity
- A Current Ratio of 0.80 indicates that ENB-PR-I may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.80, ENB-PR-I is in line with its industry, outperforming 57.48% of the companies in the same industry.
- A Quick Ratio of 0.68 indicates that ENB-PR-I may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.68, ENB-PR-I is in line with its industry, outperforming 54.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 7.43% over the past year.
- Measured over the past 5 years, ENB-PR-I shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
- The Revenue has grown by 32.29% in the past year. This is a very strong growth!
- The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
3.2 Future
- ENB-PR-I is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.06% yearly.
- The Revenue is expected to grow by 7.24% on average over the next years.
EPS Next Y4.67%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
EPS Next 5Y7.06%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%
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.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 6.83 indicates a rather cheap valuation of ENB-PR-I.
- Based on the Price/Earnings ratio, ENB-PR-I is valued cheaply inside the industry as 91.59% of the companies are valued more expensively.
- ENB-PR-I's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.32.
- A Price/Forward Earnings ratio of 6.35 indicates a rather cheap valuation of ENB-PR-I.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PR-I indicates a rather cheap valuation: ENB-PR-I is cheaper than 92.06% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. ENB-PR-I is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.83 | ||
| Fwd PE | 6.35 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ENB-PR-I is valued a bit cheaper than 71.50% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ENB-PR-I is valued cheaply inside the industry as 84.58% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.63 | ||
| EV/EBITDA | 8.77 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of ENB-PR-I may justify a higher PE ratio.
PEG (NY)1.46
PEG (5Y)6.17
EPS Next 2Y5.39%
EPS Next 3Y6.44%
5. Dividend
5.1 Amount
- ENB-PR-I has a Yearly Dividend Yield of 5.93%, which is a nice return.
- ENB-PR-I's Dividend Yield is rather good when compared to the industry average which is at 3.08. ENB-PR-I pays more dividend than 82.71% of the companies in the same industry.
- ENB-PR-I's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
5.2 History
- The dividend of ENB-PR-I has a limited annual growth rate of 4.10%.
- ENB-PR-I 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
5.3 Sustainability
- 152.61% of the earnings are spent on dividend by ENB-PR-I. This is not a sustainable payout ratio.
- ENB-PR-I's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP152.61%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
ENBRIDGE INC - ENBCN 4.3 PERP / ENB-PR-I.CA FAQ
What is the ChartMill fundamental rating of ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ENB-PR-I.CA.
What is the valuation status of ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA) stock?
ChartMill assigns a valuation rating of 8 / 10 to ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA). This can be considered as Undervalued.
Can you provide the profitability details for ENBRIDGE INC - ENBCN 4.3 PERP?
ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA) has a profitability rating of 7 / 10.
What is the expected EPS growth for ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA) stock?
The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA) is expected to grow by 4.67% in the next year.
How sustainable is the dividend of ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA) stock?
The dividend rating of ENBRIDGE INC - ENBCN 4.3 PERP (ENB-PR-I.CA) is 5 / 10 and the dividend payout ratio is 152.61%.