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.
- 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.
- Each year in the past 5 years ENB-PR-N had a positive operating cash flow.
1.2 Ratios
- ENB-PR-N has a better Return On Assets (3.24%) than 66.51% of its industry peers.
- ENB-PR-N has a better Return On Equity (11.35%) than 73.21% of its industry peers.
- The Return On Invested Capital of ENB-PR-N (4.46%) is better than 60.77% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-N is below the industry average of 6.63%.
- 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
- ENB-PR-N has a better Profit Margin (10.85%) than 66.99% of its industry peers.
- In the last couple of years the Profit Margin of ENB-PR-N has grown nicely.
- ENB-PR-N has a better Operating Margin (17.37%) than 66.03% of its industry peers.
- In the last couple of years the Operating Margin of ENB-PR-N has declined.
- ENB-PR-N has a better Gross Margin (41.37%) than 62.68% of its industry peers.
- In the last couple of years the Gross Margin of ENB-PR-N has declined.
| 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
- ENB-PR-N has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for ENB-PR-N remains at a similar level compared to 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
- 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 50.72% 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.
- ENB-PR-N's Debt to FCF ratio of 33.90 is in line compared to the rest of the industry. ENB-PR-N outperforms 57.42% of its industry peers.
- ENB-PR-N has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.61, ENB-PR-N is not doing good in the industry: 68.90% of the companies in the same industry are doing better.
| 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: 62.20% 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.
- ENB-PR-N has a worse Quick ratio (0.55) than 62.20% 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.
- The Earnings Per Share has been growing slightly by 4.44% on average over the past years.
- Looking at the last year, ENB-PR-N shows a very strong growth in Revenue. The Revenue has grown by 21.92%.
- ENB-PR-N shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.77% yearly.
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 4.39% 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 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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. ENB-PR-N.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 8.15, the valuation of ENB-PR-N can be described as very reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-N indicates a rather cheap valuation: ENB-PR-N is cheaper than 81.82% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.23. ENB-PR-N is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 8.10, the valuation of ENB-PR-N can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, ENB-PR-N is valued cheaper than 83.73% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.28. ENB-PR-N is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 8.1 |
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 61.24% of the companies listed in the same industry.
- ENB-PR-N's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 69.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.29 | ||
| EV/EBITDA | 9.24 |
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
- With a Yearly Dividend Yield of 5.23%, ENB-PR-N is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.52, ENB-PR-N pays a better dividend. On top of this ENB-PR-N pays more dividend than 94.74% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, ENB-PR-N pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.23% |
5.2 History
- The dividend of ENB-PR-N has a limited annual growth rate of 2.95%.
- 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.
5.3 Sustainability
- ENB-PR-N pays out 122.16% 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.
ENB-PR-N.CA Fundamentals: All Metrics, Ratios and Statistics
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (3/20/2026, 7:00:00 PM)
24.6
-0.17 (-0.69%)
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.23% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 8.1 | ||
| P/S | 0.82 | ||
| P/FCF | 17.29 | ||
| P/OCF | 4.37 | ||
| P/B | 0.86 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 9.24 |
| 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%.