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
- ENB-PR-N had positive earnings in the past year.
- ENB-PR-N had a positive operating cash flow in the past year.
- ENB-PR-N had positive earnings in each of the past 5 years.
- In the past 5 years ENB-PR-N always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.24%, ENB-PR-N is in the better half of the industry, outperforming 65.02% of the companies in the same industry.
- With a decent Return On Equity value of 11.35%, ENB-PR-N is doing good in the industry, outperforming 72.91% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 4.46%, ENB-PR-N is in the better half of the industry, outperforming 60.10% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ENB-PR-N is below the industry average of 6.97%.
- The last Return On Invested Capital (4.46%) for ENB-PR-N is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROIC | 4.46% |
1.3 Margins
- Looking at the Profit Margin, with a value of 10.85%, ENB-PR-N is in the better half of the industry, outperforming 65.02% of the companies in the same industry.
- ENB-PR-N's Profit Margin has improved in the last couple of years.
- ENB-PR-N has a Operating Margin of 17.37%. This is in the better half of the industry: ENB-PR-N outperforms 65.02% of its industry peers.
- In the last couple of years the Operating Margin of ENB-PR-N has declined.
- With a decent Gross Margin value of 41.37%, ENB-PR-N is doing good in the industry, outperforming 61.08% of the companies in the same industry.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PR-N is destroying value.
- The number of shares outstanding for ENB-PR-N remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, ENB-PR-N has more shares outstanding
- Compared to 1 year ago, ENB-PR-N has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.50, we must say that ENB-PR-N is in the distress zone and has some risk of bankruptcy.
- ENB-PR-N's Altman-Z score of 0.50 is in line compared to the rest of the industry. ENB-PR-N outperforms 49.75% 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.
- The Debt to Equity ratio of ENB-PR-N (1.61) is worse than 70.94% of its industry peers.
| 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.
- The Current ratio of ENB-PR-N (0.63) is worse than 61.58% of its industry peers.
- A Quick Ratio of 0.55 indicates that ENB-PR-N may have some problems paying its short term obligations.
- ENB-PR-N has a worse Quick ratio (0.55) than 62.56% of its industry peers.
| 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.
- Measured over the past 5 years, ENB-PR-N shows a small growth in Earnings Per Share. The EPS has been growing by 4.44% on average per year.
- ENB-PR-N shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.92%.
- Measured over the past years, ENB-PR-N shows a quite strong growth in Revenue. The Revenue has been growing by 10.77% on average per year.
3.2 Future
- The Earnings Per Share is expected to grow by 4.46% on average over the next years.
- The Revenue is expected to grow by 1.09% on average over the next years.
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
- ENB-PR-N is valuated reasonably with a Price/Earnings ratio of 8.40.
- 82.27% 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 26.64. ENB-PR-N is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 8.38, the valuation of ENB-PR-N can be described as very reasonable.
- ENB-PR-N's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENB-PR-N is cheaper than 82.76% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 21.36, ENB-PR-N is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.4 | ||
| Fwd PE | 8.38 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-N indicates a somewhat cheap valuation: ENB-PR-N is cheaper than 62.07% of the companies listed in the same industry.
- 69.46% of the companies in the same industry are more expensive than ENB-PR-N, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.84 | ||
| EV/EBITDA | 9.32 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ENB-PR-N does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of ENB-PR-N may justify a higher PE ratio.
5. ENB-PR-N.CA Dividend Analysis
5.1 Amount
- ENB-PR-N has a Yearly Dividend Yield of 5.15%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.11, ENB-PR-N pays a better dividend. On top of this ENB-PR-N pays more dividend than 90.15% 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 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
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
- ENB-PR-N pays out 122.16% of its income as dividend. This is not a sustainable payout ratio.
- ENB-PR-N's earnings are growing more than its dividend. This makes the dividend growth sustainable.
ENB-PR-N.CA Fundamentals: All Metrics, Ratios and Statistics
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (5/1/2026, 7:00:00 PM)
25.37
+0.1 (+0.4%)
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.4 | ||
| Fwd PE | 8.38 | ||
| P/S | 0.85 | ||
| P/FCF | 17.84 | ||
| P/OCF | 4.51 | ||
| P/B | 0.89 | ||
| P/tB | 2.4 | ||
| EV/EBITDA | 9.32 |
| 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.
Can you provide the profitability details for ENBRIDGE INC - ENBCN 6.696 PERP?
ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) has a profitability rating of 6 / 10.
What are the PE and PB ratios of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?
The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is 8.4 and the Price/Book (PB) ratio is 0.89.
Can you provide the financial health for ENB-PR-N stock?
The financial health rating of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is 1 / 10.