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ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:ENB-PR-N - CA29250N7743

24.21 CAD
+0.1 (+0.41%)
Last: 12/1/2025, 7:00:00 PM
Fundamental Rating

5

Taking everything into account, ENB-PR-N scores 5 out of 10 in our fundamental rating. ENB-PR-N was compared to 215 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-N has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENB-PR-N is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PR-N also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

ENB-PR-N had positive earnings in the past year.
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.
ENB-PR-N.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-N.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B

1.2 Ratios

The Return On Assets of ENB-PR-N (2.59%) is comparable to the rest of the industry.
ENB-PR-N has a better Return On Equity (8.61%) than 66.51% of its industry peers.
With a decent Return On Invested Capital value of 4.12%, ENB-PR-N is doing good in the industry, outperforming 64.19% of the companies in the same industry.
ENB-PR-N had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.53%.
The last Return On Invested Capital (4.12%) for ENB-PR-N is above the 3 year average (3.99%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROIC 4.12%
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
ENB-PR-N.CA Yearly ROA, ROE, ROICENB-PR-N.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 4 6 8

1.3 Margins

ENB-PR-N's Profit Margin of 8.74% is fine compared to the rest of the industry. ENB-PR-N outperforms 63.26% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-N has declined.
ENB-PR-N's Operating Margin of 16.91% is fine compared to the rest of the industry. ENB-PR-N outperforms 64.19% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-N has grown nicely.
The Gross Margin of ENB-PR-N (41.11%) is comparable to the rest of the industry.
ENB-PR-N's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
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%
ENB-PR-N.CA Yearly Profit, Operating, Gross MarginsENB-PR-N.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

2

2. Health

2.1 Basic Checks

ENB-PR-N has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
ENB-PR-N.CA Yearly Shares OutstandingENB-PR-N.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
ENB-PR-N.CA Yearly Total Debt VS Total AssetsENB-PR-N.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

ENB-PR-N has an Altman-Z score of 0.53. This is a bad value and indicates that ENB-PR-N is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.53, ENB-PR-N is in line with its industry, outperforming 50.23% of the companies in the same industry.
ENB-PR-N has a debt to FCF ratio of 25.58. This is a negative value and a sign of low solvency as ENB-PR-N would need 25.58 years to pay back of all of its debts.
ENB-PR-N's Debt to FCF ratio of 25.58 is fine compared to the rest of the industry. ENB-PR-N outperforms 62.79% of its industry peers.
ENB-PR-N has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
ENB-PR-N has a Debt to Equity ratio of 1.56. This is in the lower half of the industry: ENB-PR-N underperforms 70.23% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.53
ROIC/WACC0.58
WACC7.07%
ENB-PR-N.CA Yearly LT Debt VS Equity VS FCFENB-PR-N.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

ENB-PR-N has a Current Ratio of 0.80. 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 0.80, ENB-PR-N is in line with its industry, outperforming 48.37% of the companies in the same industry.
ENB-PR-N has a Quick Ratio of 0.80. 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 (0.68) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
ENB-PR-N.CA Yearly Current Assets VS Current LiabilitesENB-PR-N.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 7.43% over the past year.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
The Revenue has grown by 32.29% 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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%

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 7.51% yearly.
Based on estimates for the next years, ENB-PR-N will show a small growth in Revenue. The Revenue will grow by 7.45% on average per year.
EPS Next Y7.76%
EPS Next 2Y7.08%
EPS Next 3Y7.08%
EPS Next 5Y7.51%
Revenue Next Year26.64%
Revenue Next 2Y11.77%
Revenue Next 3Y10.37%
Revenue Next 5Y7.45%

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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ENB-PR-N.CA Yearly Revenue VS EstimatesENB-PR-N.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
ENB-PR-N.CA Yearly EPS VS EstimatesENB-PR-N.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4 5

7

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 8.38 indicates a reasonable valuation of ENB-PR-N.
ENB-PR-N's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-N is cheaper than 80.93% of the companies in the same industry.
ENB-PR-N's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.11.
The Price/Forward Earnings ratio is 7.54, which indicates a rather cheap valuation of ENB-PR-N.
ENB-PR-N's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 79.07% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, ENB-PR-N is valued rather cheaply.
Industry RankSector Rank
PE 8.38
Fwd PE 7.54
ENB-PR-N.CA Price Earnings VS Forward Price EarningsENB-PR-N.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

ENB-PR-N's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ENB-PR-N is valued a bit cheaper than 72.09% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.03
EV/EBITDA 9.36
ENB-PR-N.CA Per share dataENB-PR-N.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ENB-PR-N may justify a higher PE ratio.
PEG (NY)1.08
PEG (5Y)7.57
EPS Next 2Y7.08%
EPS Next 3Y7.08%

8

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.59%, ENB-PR-N is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.88, ENB-PR-N pays a better dividend. On top of this ENB-PR-N pays more dividend than 89.77% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, ENB-PR-N pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.59%

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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years12
ENB-PR-N.CA Yearly Dividends per shareENB-PR-N.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

ENB-PR-N pays out 152.61% of its income as dividend. 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.
DP152.61%
EPS Next 2Y7.08%
EPS Next 3Y7.08%
ENB-PR-N.CA Yearly Income VS Free CF VS DividendENB-PR-N.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B
ENB-PR-N.CA Dividend Payout.ENB-PR-N.CA Dividend Payout, showing the Payout Ratio.ENB-PR-N.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 6.696 PERP

TSX:ENB-PR-N (12/1/2025, 7:00:00 PM)

24.21

+0.1 (+0.41%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07 2025-11-07/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap52.81B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target25.25 (4.3%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.59%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years1
Div Non Decr Years12
Ex-Date11-14 2025-11-14 (0.4185)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)5.37%
PT rev (3m)3.62%
EPS NQ rev (1m)-1.64%
EPS NQ rev (3m)0.06%
EPS NY rev (1m)-0.54%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)5.69%
Revenue NQ rev (3m)1.76%
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)-0.95%
Valuation
Industry RankSector Rank
PE 8.38
Fwd PE 7.54
P/S 0.82
P/FCF 13.03
P/OCF 4.12
P/B 0.81
P/tB 2.09
EV/EBITDA 9.36
EPS(TTM)2.89
EY11.94%
EPS(NY)3.21
Fwd EY13.26%
FCF(TTM)1.86
FCFY7.68%
OCF(TTM)5.88
OCFY24.28%
SpS29.45
BVpS29.88
TBVpS11.57
PEG (NY)1.08
PEG (5Y)7.57
Graham Number44.08
Profitability
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROCE 5.38%
ROIC 4.12%
ROICexc 4.14%
ROICexgc 5.17%
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
FCFM 6.31%
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%
ROICexgc growth 3Y-2.31%
ROICexgc 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 RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Debt/EBITDA 6.2
Cap/Depr 157.09%
Cap/Sales 13.65%
Interest Coverage 250
Cash Conversion 77.99%
Profit Quality 72.23%
Current Ratio 0.8
Quick Ratio 0.68
Altman-Z 0.53
F-Score5
WACC7.07%
ROIC/WACC0.58
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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
EPS Next Y7.76%
EPS Next 2Y7.08%
EPS Next 3Y7.08%
EPS Next 5Y7.51%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year26.64%
Revenue Next 2Y11.77%
Revenue Next 3Y10.37%
Revenue Next 5Y7.45%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.05%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%

ENBRIDGE INC - ENBCN 6.696 PERP / ENB-PR-N.CA 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.


What is the valuation status for ENB-PR-N stock?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA). This can be considered as Undervalued.


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 financial health of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?

The financial health rating of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is 2 / 10.


Can you provide the expected EPS growth for ENB-PR-N stock?

The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is expected to grow by 7.76% in the next year.