ENBRIDGE INC - ENBCN 4.83 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 4 out of 10. We evaluated ENB-PR-I against 219 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-I has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENB-PR-I scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
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.
Each year in the past 5 years ENB-PR-I had a positive operating cash flow.
1.2 Ratios
ENB-PR-I has a Return On Assets (2.31%) which is in line with its industry peers.
With a decent Return On Equity value of 7.67%, ENB-PR-I is doing good in the industry, outperforming 65.30% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.85%, ENB-PR-I is in line with its industry, outperforming 57.53% 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 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROIC | 3.85% |
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
Looking at the Profit Margin, with a value of 9.45%, ENB-PR-I is in the better half of the industry, outperforming 65.75% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB-PR-I has declined.
ENB-PR-I has a better Operating Margin (18.31%) than 64.84% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-I has grown nicely.
With a decent Gross Margin value of 45.63%, ENB-PR-I is doing good in the industry, outperforming 63.47% of the companies in the same industry.
ENB-PR-I's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% |
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
ENB-PR-I has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
ENB-PR-I has an Altman-Z score of 0.39. This is a bad value and indicates that ENB-PR-I is not financially healthy and even has some risk of bankruptcy.
ENB-PR-I has a Altman-Z score (0.39) which is in line with its industry peers.
ENB-PR-I has a debt to FCF ratio of 17.93. This is a negative value and a sign of low solvency as ENB-PR-I would need 17.93 years to pay back of all of its debts.
The Debt to FCF ratio of ENB-PR-I (17.93) is better than 62.56% of its industry peers.
A Debt/Equity ratio of 1.43 is on the high side and indicates that ENB-PR-I has dependencies on debt financing.
ENB-PR-I has a worse Debt to Equity ratio (1.43) than 71.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Altman-Z | 0.39 |
ROIC/WACC0.59
WACC6.55%
2.3 Liquidity
A Current Ratio of 0.55 indicates that ENB-PR-I may have some problems paying its short term obligations.
ENB-PR-I has a Current ratio (0.55) which is in line with its industry peers.
A Quick Ratio of 0.49 indicates that ENB-PR-I may have some problems paying its short term obligations.
ENB-PR-I has a worse Quick ratio (0.49) than 62.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.42% over the past year.
ENB-PR-I shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.12% yearly.
ENB-PR-I shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.51%.
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)0.42%
EPS 3Y0.62%
EPS 5Y1.12%
EPS Q2Q%17.46%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%45.52%
3.2 Future
Based on estimates for the next years, ENB-PR-I will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.10% on average per year.
Based on estimates for the next years, ENB-PR-I will show a small growth in Revenue. The Revenue will grow by 1.66% on average per year.
EPS Next Y10.18%
EPS Next 2Y7.87%
EPS Next 3Y7.54%
EPS Next 5Y8.1%
Revenue Next Year15.72%
Revenue Next 2Y9.16%
Revenue Next 3Y6.92%
Revenue Next 5Y1.66%
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.
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-I is valuated cheaply with a Price/Earnings ratio of 7.84.
ENB-PR-I's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-I is cheaper than 78.54% 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 29.35.
With a Price/Forward Earnings ratio of 7.11, the valuation of ENB-PR-I can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PR-I is valued a bit cheaper than 72.60% of the companies in the same industry.
ENB-PR-I is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.84 | ||
| Fwd PE | 7.11 |
4.2 Price Multiples
ENB-PR-I's Enterprise Value to EBITDA ratio is in line with 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 77.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.44 | ||
| EV/EBITDA | 9.84 |
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.
The decent profitability rating of ENB-PR-I may justify a higher PE ratio.
PEG (NY)0.77
PEG (5Y)7
EPS Next 2Y7.87%
EPS Next 3Y7.54%
5. Dividend
5.1 Amount
ENB-PR-I has a Yearly Dividend Yield of 6.33%, which is a nice return.
Compared to an average industry Dividend Yield of 6.94, ENB-PR-I pays a better dividend. On top of this ENB-PR-I pays more dividend than 87.67% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, ENB-PR-I pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
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 163.51% 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.
DP163.51%
EPS Next 2Y7.87%
EPS Next 3Y7.54%
ENBRIDGE INC - ENBCN 4.83 PERP
TSX:ENB-PR-I (3/7/2025, 7:00:00 PM)
21.95
+0.65 (+3.05%)
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 Cap47.83B
Analysts71.11
Price Target22.46 (2.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP163.51%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1%
Min EPS beat(2)-1.96%
Max EPS beat(2)-0.04%
EPS beat(4)1
Avg EPS beat(4)0.01%
Min EPS beat(4)-9.75%
Max EPS beat(4)11.79%
EPS beat(8)2
Avg EPS beat(8)-0.83%
EPS beat(12)3
Avg EPS beat(12)-2.13%
EPS beat(16)6
Avg EPS beat(16)-0.19%
Revenue beat(2)2
Avg Revenue beat(2)114.59%
Min Revenue beat(2)111.46%
Max Revenue beat(2)117.73%
Revenue beat(4)4
Avg Revenue beat(4)83.57%
Min Revenue beat(4)8.67%
Max Revenue beat(4)117.73%
Revenue beat(8)4
Avg Revenue beat(8)33.38%
Revenue beat(12)6
Avg Revenue beat(12)22.25%
Revenue beat(16)9
Avg Revenue beat(16)19.73%
PT rev (1m)7.44%
PT rev (3m)7.44%
EPS NQ rev (1m)4.96%
EPS NQ rev (3m)4.96%
EPS NY rev (1m)3.13%
EPS NY rev (3m)3.13%
Revenue NQ rev (1m)1.92%
Revenue NQ rev (3m)1.92%
Revenue NY rev (1m)64.07%
Revenue NY rev (3m)64.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.84 | ||
| Fwd PE | 7.11 | ||
| P/S | 0.89 | ||
| P/FCF | 8.44 | ||
| P/OCF | 3.8 | ||
| P/B | 0.73 | ||
| P/tB | 1.94 | ||
| EV/EBITDA | 9.84 |
EPS(TTM)2.8
EY12.76%
EPS(NY)3.09
Fwd EY14.06%
FCF(TTM)2.6
FCFY11.85%
OCF(TTM)5.78
OCFY26.34%
SpS24.54
BVpS30.24
TBVpS11.34
PEG (NY)0.77
PEG (5Y)7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROCE | 5.02% | ||
| ROIC | 3.85% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 4.94% | ||
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% | ||
| FCFM | 10.6% |
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-Score4
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Debt/EBITDA | 6.28 | ||
| Cap/Depr | 134.12% | ||
| Cap/Sales | 12.96% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 84.22% | ||
| Profit Quality | 112.21% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 0.39 |
F-Score4
WACC6.55%
ROIC/WACC0.59
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)0.42%
EPS 3Y0.62%
EPS 5Y1.12%
EPS Q2Q%17.46%
EPS Next Y10.18%
EPS Next 2Y7.87%
EPS Next 3Y7.54%
EPS Next 5Y8.1%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%45.52%
Revenue Next Year15.72%
Revenue Next 2Y9.16%
Revenue Next 3Y6.92%
Revenue Next 5Y1.66%
EBIT growth 1Y10%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year70.34%
EBIT Next 3Y23.67%
EBIT Next 5Y16.85%
FCF growth 1Y-39.2%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-11.27%
OCF growth 3Y10.83%
OCF growth 5Y6.04%