ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Fundamental Analysis
TSX:ENB-PR-N - Toronto Stock Exchange - CA29250N7743 - Currency: CAD
We assign a fundamental rating of 5 out of 10 to ENB-PR-N. ENB-PR-N was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PR-N while its profitability can be described as average. ENB-PR-N may be a bit undervalued, certainly considering the very reasonable score on growth Finally ENB-PR-N also has an excellent dividend rating.
1. Profitability
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.
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
Looking at the Return On Assets, with a value of 2.68%, ENB-PR-N is in line with its industry, outperforming 59.90% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.64%, ENB-PR-N is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
ENB-PR-N has a better Return On Invested Capital (4.07%) than 62.32% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PR-N is below the industry average of 7.39%.
The 3 year average ROIC (3.99%) for ENB-PR-N is below the current ROIC(4.07%), indicating increased profibility in the last year.
| 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-N has a Profit Margin of 9.67%. This is in the better half of the industry: ENB-PR-N outperforms 65.70% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-N has declined.
Looking at the Operating Margin, with a value of 17.53%, ENB-PR-N is in the better half of the industry, outperforming 63.28% of the companies in the same industry.
ENB-PR-N's Operating Margin has improved in the last couple of years.
ENB-PR-N has a Gross Margin (42.37%) which is in line with its industry peers.
ENB-PR-N's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-N is destroying value.
The number of shares outstanding for ENB-PR-N has been increased compared to 1 year ago.
ENB-PR-N has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ENB-PR-N has a worse debt to assets ratio.
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.
With a Altman-Z score value of 0.50, ENB-PR-N perfoms like the industry average, outperforming 51.69% of the companies in the same industry.
The Debt to FCF ratio of ENB-PR-N is 20.56, which is on the high side as it means it would take ENB-PR-N, 20.56 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 20.56, ENB-PR-N is in line with its industry, outperforming 58.94% of the companies in the same industry.
ENB-PR-N has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
ENB-PR-N's Debt to Equity ratio of 1.44 is on the low side compared to the rest of the industry. ENB-PR-N is outperformed by 71.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC7.57%
2.3 Liquidity
ENB-PR-N has a Current Ratio of 0.73. 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.
Looking at the Current ratio, with a value of 0.73, ENB-PR-N is in line with its industry, outperforming 47.83% of the companies in the same industry.
ENB-PR-N has a Quick Ratio of 0.73. 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 Quick ratio of ENB-PR-N (0.66) is comparable to the rest of the 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.
ENB-PR-N shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
Looking at the last year, ENB-PR-N shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
ENB-PR-N shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
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
Based on estimates for the next years, ENB-PR-N will show a small growth in Earnings Per Share. The EPS will grow by 7.83% on average per year.
Based on estimates for the next years, ENB-PR-N will show a small growth in Revenue. The Revenue will grow by 6.39% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y6.39%
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
With a Price/Earnings ratio of 8.21, the valuation of ENB-PR-N can be described as very reasonable.
74.88% of the companies in the same industry are more expensive than ENB-PR-N, based on the Price/Earnings ratio.
ENB-PR-N is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
ENB-PR-N is valuated cheaply with a Price/Forward Earnings ratio of 7.35.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PR-N indicates a somewhat cheap valuation: ENB-PR-N is cheaper than 74.40% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ENB-PR-N to the average of the S&P500 Index (21.76), we can say ENB-PR-N is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 7.35 |
4.2 Price Multiples
ENB-PR-N's Enterprise Value to EBITDA ratio is in line with the industry average.
ENB-PR-N's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 74.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.39 | ||
| EV/EBITDA | 9.48 |
4.3 Compensation for Growth
The 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-N may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)7.42
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.68%, ENB-PR-N is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.35, ENB-PR-N pays a better dividend. On top of this ENB-PR-N pays more dividend than 90.82% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, ENB-PR-N pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
5.2 History
The dividend of ENB-PR-N has a limited annual growth rate of 4.10%.
ENB-PR-N has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-N has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years12
5.3 Sustainability
142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (7/11/2025, 7:00:00 PM)
23.9
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners53.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap52.10B
Analysts72.14
Price Target25.13 (5.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years1
Div Non Decr Years12
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)11.8%
PT rev (3m)7.25%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-13.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)0.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 7.35 | ||
| P/S | 0.86 | ||
| P/FCF | 10.39 | ||
| P/OCF | 4.17 | ||
| P/B | 0.76 | ||
| P/tB | 1.92 | ||
| EV/EBITDA | 9.48 |
EPS(TTM)2.91
EY12.18%
EPS(NY)3.25
Fwd EY13.6%
FCF(TTM)2.3
FCFY9.63%
OCF(TTM)5.73
OCFY23.99%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.99
PEG (5Y)7.42
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 | 0.5 |
F-Score5
WACC7.57%
ROIC/WACC0.54
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 5Y7.83%
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 5Y6.39%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.89%
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%