ENBRIDGE INC - ENBCN 4.76 PERP (ENB-PR-I.CA) Stock Fundamental Analysis
TSX:ENB-PR-I - Toronto Stock Exchange - CA29250N8329 - Currency: CAD
Overall ENB-PR-I gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-I against 207 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
In the past year ENB-PR-I was profitable.
In the past year ENB-PR-I had a positive cash flow from operations.
ENB-PR-I had positive earnings in each of the past 5 years.
Each year in the past 5 years ENB-PR-I had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ENB-PR-I (2.68%) is better than 62.09% of its industry peers.
With a decent Return On Equity value of 8.64%, ENB-PR-I is doing good in the industry, outperforming 66.82% of the companies in the same industry.
ENB-PR-I has a Return On Invested Capital of 4.07%. This is in the better half of the industry: ENB-PR-I outperforms 64.45% of its industry peers.
ENB-PR-I had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.39%.
The last Return On Invested Capital (4.07%) for ENB-PR-I 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-I has a better Profit Margin (9.67%) than 67.30% of its industry peers.
ENB-PR-I's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-I (17.53%) is better than 64.93% 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 (42.37%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ENB-PR-I has grown nicely.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PR-I is destroying value.
ENB-PR-I has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ENB-PR-I has been increased compared to 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 0.47, we must say that ENB-PR-I is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.47, ENB-PR-I perfoms like the industry average, outperforming 48.82% of the companies in the same industry.
ENB-PR-I has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-I would need 20.56 years to pay back of all of its debts.
ENB-PR-I has a Debt to FCF ratio of 20.56. This is in the better half of the industry: ENB-PR-I outperforms 62.09% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PR-I has dependencies on debt financing.
With a Debt to Equity ratio value of 1.44, ENB-PR-I is not doing good in the industry: 70.14% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.47 |
ROIC/WACC0.57
WACC7.17%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PR-I may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.73, ENB-PR-I is in line with its industry, outperforming 50.71% of the companies in the same industry.
ENB-PR-I has a Quick Ratio of 0.73. This is a bad value and indicates that ENB-PR-I is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.66, ENB-PR-I is in line with its industry, outperforming 49.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.75% 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 43.00% in the past year. This is a very strong growth!
Measured over the past years, ENB-PR-I shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
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
ENB-PR-I is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.26% yearly.
The Revenue is expected to grow by 0.28% on average over the next years.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.28%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.87, the valuation of ENB-PR-I can be described as very cheap.
ENB-PR-I's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-I is cheaper than 80.57% of the companies in the same industry.
ENB-PR-I's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
The Price/Forward Earnings ratio is 6.15, which indicates a rather cheap valuation of ENB-PR-I.
ENB-PR-I's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-I is cheaper than 79.15% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ENB-PR-I to the average of the S&P500 Index (21.76), we can say ENB-PR-I is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.87 | ||
| Fwd PE | 6.15 |
4.2 Price Multiples
ENB-PR-I's Enterprise Value to EBITDA is on the same level as the industry average.
ENB-PR-I's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-I is cheaper than 76.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.69 | ||
| EV/EBITDA | 9.02 |
4.3 Compensation for Growth
ENB-PR-I's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PR-I has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.83
PEG (5Y)6.21
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-I has a Yearly Dividend Yield of 5.95%, which is a nice return.
Compared to an average industry Dividend Yield of 6.35, ENB-PR-I pays a better dividend. On top of this ENB-PR-I pays more dividend than 86.73% of the companies listed in the same industry.
ENB-PR-I's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
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
ENB-PR-I pays out 142.15% of its income as dividend. This is not a sustainable payout ratio.
ENB-PR-I's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 4.76 PERP
TSX:ENB-PR-I (7/7/2025, 7:00:00 PM)
20
-0.35 (-1.72%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap43.60B
Analysts72.14
Price Target22.46 (12.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
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)0%
PT rev (3m)7.44%
EPS NQ rev (1m)-12.81%
EPS NQ rev (3m)-15.32%
EPS NY rev (1m)-1.75%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)-4.36%
Revenue NQ rev (3m)58.96%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)31.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.87 | ||
| Fwd PE | 6.15 | ||
| P/S | 0.72 | ||
| P/FCF | 8.69 | ||
| P/OCF | 3.49 | ||
| P/B | 0.64 | ||
| P/tB | 1.61 | ||
| EV/EBITDA | 9.02 |
EPS(TTM)2.91
EY14.55%
EPS(NY)3.25
Fwd EY16.25%
FCF(TTM)2.3
FCFY11.5%
OCF(TTM)5.73
OCFY28.67%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.83
PEG (5Y)6.21
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 | 0.47 |
F-Score5
WACC7.17%
ROIC/WACC0.57
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 5Y8.26%
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 5Y0.28%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y16.03%
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%