ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Fundamental Analysis & Valuation
TSX:ENB-PR-N • CA29250N7743
Current stock price
This ENB-PR-N.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ENB-PR-N.CA Profitability Analysis
1.1 Basic Checks
- In the past year ENB-PR-N was profitable.
- In the past year ENB-PR-N had a positive cash flow from operations.
- Each year in the past 5 years ENB-PR-N has been profitable.
- ENB-PR-N had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ENB-PR-N has a Return On Assets of 3.24%. This is in the better half of the industry: ENB-PR-N outperforms 66.04% of its industry peers.
- ENB-PR-N's Return On Equity of 11.35% is fine compared to the rest of the industry. ENB-PR-N outperforms 75.00% of its industry peers.
- With a decent Return On Invested Capital value of 4.46%, ENB-PR-N is doing good in the industry, outperforming 62.74% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-N is below the industry average of 6.67%.
- The 3 year average ROIC (4.22%) for ENB-PR-N is below the current ROIC(4.46%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROIC | 4.46% |
1.3 Margins
- ENB-PR-N has a Profit Margin of 10.85%. This is in the better half of the industry: ENB-PR-N outperforms 67.92% of its industry peers.
- ENB-PR-N's Profit Margin has improved in the last couple of years.
- With a decent Operating Margin value of 17.37%, ENB-PR-N is doing good in the industry, outperforming 67.92% of the companies in the same industry.
- ENB-PR-N's Operating Margin has declined in the last couple of years.
- ENB-PR-N has a better Gross Margin (41.37%) than 64.62% of its industry peers.
- ENB-PR-N's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% |
2. ENB-PR-N.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-N is destroying value.
- ENB-PR-N has about the same amout of shares outstanding than it did 1 year ago.
- ENB-PR-N has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for ENB-PR-N is higher compared to a year ago.
2.2 Solvency
- ENB-PR-N has an Altman-Z score of 0.50. This is a bad value and indicates that ENB-PR-N is not financially healthy and even has some risk of bankruptcy.
- ENB-PR-N has a Altman-Z score of 0.50. This is comparable to the rest of the industry: ENB-PR-N outperforms 49.53% of its industry peers.
- The Debt to FCF ratio of ENB-PR-N is 33.90, which is on the high side as it means it would take ENB-PR-N, 33.90 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of ENB-PR-N (33.90) is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.61 is on the high side and indicates that ENB-PR-N has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.61, ENB-PR-N is doing worse than 68.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Altman-Z | 0.5 |
2.3 Liquidity
- ENB-PR-N has a Current Ratio of 0.63. This is a bad value and indicates that ENB-PR-N is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.63, ENB-PR-N is not doing good in the industry: 60.85% of the companies in the same industry are doing better.
- ENB-PR-N has a Quick Ratio of 0.63. This is a bad value and indicates that ENB-PR-N is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.55, ENB-PR-N is not doing good in the industry: 60.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 |
3. ENB-PR-N.CA Growth Analysis
3.1 Past
- The Earnings Per Share has been growing slightly by 7.86% over the past year.
- The Earnings Per Share has been growing slightly by 4.44% on average over the past years.
- ENB-PR-N shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.92%.
- The Revenue has been growing by 10.77% on average over the past years. This is quite good.
3.2 Future
- ENB-PR-N is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.39% yearly.
- Based on estimates for the next years, ENB-PR-N will show a small growth in Revenue. The Revenue will grow by 0.76% on average per year.
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 stable.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. ENB-PR-N.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 8.21, which indicates a very decent valuation of ENB-PR-N.
- 83.02% of the companies in the same industry are more expensive than ENB-PR-N, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 25.70. ENB-PR-N is valued rather cheaply when compared to this.
- ENB-PR-N is valuated reasonably with a Price/Forward Earnings ratio of 8.16.
- 84.91% of the companies in the same industry are more expensive than ENB-PR-N, based on the Price/Forward Earnings ratio.
- ENB-PR-N's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 8.16 |
4.2 Price Multiples
- 63.68% of the companies in the same industry are more expensive than ENB-PR-N, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, ENB-PR-N is valued a bit cheaper than 70.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.42 | ||
| EV/EBITDA | 9.25 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of ENB-PR-N may justify a higher PE ratio.
5. ENB-PR-N.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 6.74%, ENB-PR-N is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.17, ENB-PR-N pays a better dividend. On top of this ENB-PR-N pays more dividend than 94.34% of the companies listed in the same industry.
- ENB-PR-N's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.74% |
5.2 History
- The dividend of ENB-PR-N has a limited annual growth rate of 2.95%.
- ENB-PR-N has paid a dividend for at least 10 years, which is a reliable track record.
- ENB-PR-N has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
5.3 Sustainability
- 122.16% of the earnings are spent on dividend by ENB-PR-N. This is not a sustainable payout ratio.
- The dividend of ENB-PR-N is growing, but earnings are growing more, so the dividend growth is sustainable.
ENB-PR-N.CA Fundamentals: All Metrics, Ratios and Statistics
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (3/13/2026, 7:00:00 PM)
24.79
-0.02 (-0.08%)
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.74% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 8.16 | ||
| P/S | 0.83 | ||
| P/FCF | 17.42 | ||
| P/OCF | 4.41 | ||
| P/B | 0.87 | ||
| P/tB | 2.35 | ||
| EV/EBITDA | 9.25 |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROCE | 5.73% | ||
| ROIC | 4.46% | ||
| ROICexc | 4.49% | ||
| ROICexgc | 5.6% | ||
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% | ||
| FCFM | 4.76% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Debt/EBITDA | 5.9 | ||
| Cap/Depr | 161.9% | ||
| Cap/Sales | 14.06% | ||
| Interest Coverage | 2.3 | ||
| Cash Conversion | 72.25% | ||
| Profit Quality | 43.91% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.5 |
ENBRIDGE INC - ENBCN 6.696 PERP / ENB-PR-N.CA Fundamental Analysis FAQ
What is the ChartMill fundamental rating of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ENB-PR-N.CA.
Can you provide the valuation status for ENBRIDGE INC - ENBCN 6.696 PERP?
ChartMill assigns a valuation rating of 6 / 10 to ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA). This can be considered as Fairly Valued.
How profitable is ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?
ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) has a profitability rating of 6 / 10.
What is the earnings growth outlook for ENBRIDGE INC - ENBCN 6.696 PERP?
The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is expected to grow by 0.58% in the next year.
Can you provide the dividend sustainability for ENB-PR-N stock?
The dividend rating of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is 8 / 10 and the dividend payout ratio is 122.16%.