ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-N - CA29250N7743
24.08 CAD
+0.09 (+0.38%)
We assign a fundamental rating of 5 out of 10 to ENB-PR-N. ENB-PR-N was compared to 216 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-N belongs to the best of the industry regarding profitability, there are concerns on its financial health. ENB-PR-N has a correct valuation and a medium growth rate. Finally ENB-PR-N also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-N was profitable.
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
ENB-PR-N has a Return On Assets of 2.94%. This is in the better half of the industry: ENB-PR-N outperforms 61.11% of its industry peers.
ENB-PR-N has a better Return On Equity (9.51%) than 68.98% of its industry peers.
With a decent Return On Invested Capital value of 4.33%, ENB-PR-N is doing good in the industry, outperforming 64.35% 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 6.93%.
The 3 year average ROIC (3.99%) for ENB-PR-N is below the current ROIC(4.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROIC | 4.33% |
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
The Profit Margin of ENB-PR-N (9.65%) is better than 63.43% of its industry peers.
ENB-PR-N's Profit Margin has declined in the last couple of years.
ENB-PR-N has a better Operating Margin (17.23%) than 65.28% of its industry peers.
ENB-PR-N's Operating Margin has improved in the last couple of years.
The Gross Margin of ENB-PR-N (40.92%) is comparable to the rest of the industry.
ENB-PR-N's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% |
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.
Compared to 1 year ago, ENB-PR-N has more shares outstanding
ENB-PR-N has more shares outstanding than it did 5 years ago.
ENB-PR-N has a worse debt/assets ratio than last year.
2.2 Solvency
ENB-PR-N has an Altman-Z score of 0.56. 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 0.56. This is comparable to the rest of the industry: ENB-PR-N outperforms 48.61% of its industry peers.
The Debt to FCF ratio of ENB-PR-N is 20.73, which is on the high side as it means it would take ENB-PR-N, 20.73 years of fcf income to pay off all of its debts.
ENB-PR-N's Debt to FCF ratio of 20.73 is fine compared to the rest of the industry. ENB-PR-N outperforms 63.43% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PR-N has dependencies on debt financing.
ENB-PR-N has a worse Debt to Equity ratio (1.50) than 70.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.6
WACC7.22%
2.3 Liquidity
ENB-PR-N has a Current Ratio of 0.75. 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.
ENB-PR-N's Current ratio of 0.75 is in line compared to the rest of the industry. ENB-PR-N outperforms 40.28% of its industry peers.
A Quick Ratio of 0.65 indicates that ENB-PR-N may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.65, ENB-PR-N is in line with its industry, outperforming 43.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
ENB-PR-N shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.97%.
Measured over the past 5 years, ENB-PR-N shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
The Revenue has grown by 48.17% in the past year. This is a very strong growth!
Measured over the past years, ENB-PR-N shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
EPS 1Y (TTM)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
3.2 Future
The Earnings Per Share is expected to grow by 7.56% on average over the next years.
ENB-PR-N is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.39% yearly.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
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 8.08, the valuation of ENB-PR-N can be described as very reasonable.
78.24% of the companies in the same industry are more expensive than ENB-PR-N, based on the Price/Earnings ratio.
ENB-PR-N's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
With a Price/Forward Earnings ratio of 7.52, the valuation of ENB-PR-N can be described as very cheap.
ENB-PR-N's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 75.93% of the companies in the same industry.
ENB-PR-N is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.08 | ||
| Fwd PE | 7.52 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PR-N.
ENB-PR-N's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 77.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.77 | ||
| EV/EBITDA | 9.12 |
4.3 Compensation for Growth
ENB-PR-N's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ENB-PR-N has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.03
PEG (5Y)7.3
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PR-N has a Yearly Dividend Yield of 6.97%, which is a nice return.
Compared to an average industry Dividend Yield of 5.90, ENB-PR-N pays a better dividend. On top of this ENB-PR-N pays more dividend than 90.74% 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 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
5.2 History
The dividend of ENB-PR-N has a limited annual growth rate of 4.10%.
ENB-PR-N has paid a dividend for at least 10 years, which is 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
136.55% 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.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (9/17/2025, 7:00:00 PM)
24.08
+0.09 (+0.38%)
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 Cap52.51B
Analysts72.86
Price Target24.29 (0.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years1
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.35%
Min EPS beat(2)6.39%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)4.02%
Min EPS beat(4)-1.96%
Max EPS beat(4)12.31%
EPS beat(8)4
Avg EPS beat(8)1.69%
EPS beat(12)5
Avg EPS beat(12)0.01%
EPS beat(16)6
Avg EPS beat(16)-0.97%
Revenue beat(2)2
Avg Revenue beat(2)26.68%
Min Revenue beat(2)24.58%
Max Revenue beat(2)28.78%
Revenue beat(4)4
Avg Revenue beat(4)69.92%
Min Revenue beat(4)24.58%
Max Revenue beat(4)117.73%
Revenue beat(8)6
Avg Revenue beat(8)44.36%
Revenue beat(12)6
Avg Revenue beat(12)25.15%
Revenue beat(16)10
Avg Revenue beat(16)21.32%
PT rev (1m)-5.03%
PT rev (3m)3.06%
EPS NQ rev (1m)0.76%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)-11.65%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.08 | ||
| Fwd PE | 7.52 | ||
| P/S | 0.81 | ||
| P/FCF | 10.77 | ||
| P/OCF | 4.06 | ||
| P/B | 0.8 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | 9.12 |
EPS(TTM)2.98
EY12.38%
EPS(NY)3.2
Fwd EY13.29%
FCF(TTM)2.24
FCFY9.28%
OCF(TTM)5.93
OCFY24.61%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1.03
PEG (5Y)7.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROCE | 5.65% | ||
| ROIC | 4.33% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 5.45% | ||
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% | ||
| FCFM | 7.56% |
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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Debt/EBITDA | 5.89 | ||
| Cap/Depr | 146.38% | ||
| Cap/Sales | 12.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.83% | ||
| Profit Quality | 78.33% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 0.56 |
F-Score5
WACC7.22%
ROIC/WACC0.6
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
Revenue Next 5Y6.39%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.81%
FCF growth 1Y-40.09%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-1.04%
OCF growth 3Y10.83%
OCF growth 5Y6.04%