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

Canada - TSX:ENB-PR-N - CA29250N7743

24.39 CAD
+0.03 (+0.12%)
Last: 10/27/2025, 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 210 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ENB-PR-N also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year ENB-PR-N was profitable.
In the past year ENB-PR-N had a positive cash flow from operations.
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.
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

ENB-PR-N has a Return On Assets (2.94%) which is in line with its industry peers.
The Return On Equity of ENB-PR-N (9.51%) is better than 68.10% of its industry peers.
ENB-PR-N has a better Return On Invested Capital (4.33%) than 62.86% 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 6.88%.
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 RankSector 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%
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

With a decent Profit Margin value of 9.65%, ENB-PR-N is doing good in the industry, outperforming 61.90% of the companies in the same industry.
ENB-PR-N's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 17.23%, ENB-PR-N is doing good in the industry, outperforming 64.76% of the companies in the same industry.
In the last couple of years the Operating Margin of ENB-PR-N has grown nicely.
ENB-PR-N has a Gross Margin (40.92%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ENB-PR-N has grown nicely.
Industry RankSector 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%
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

1

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.
The number of shares outstanding for ENB-PR-N has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PR-N has been increased compared to 5 years ago.
The debt/assets ratio for ENB-PR-N is higher compared to a year ago.
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

Based on the Altman-Z score of 0.56, we must say that ENB-PR-N is in the distress zone and has some risk of bankruptcy.
ENB-PR-N has a Altman-Z score (0.56) which is comparable to the rest of the industry.
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.
Looking at the Debt to FCF ratio, with a value of 20.73, ENB-PR-N is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
ENB-PR-N has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.50, ENB-PR-N is doing worse than 70.95% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.5
Debt/FCF 20.73
Altman-Z 0.56
ROIC/WACC0.62
WACC7.02%
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 0.75. 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 has a worse Current ratio (0.75) than 60.48% of its industry peers.
ENB-PR-N has a Quick 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.
The Quick ratio of ENB-PR-N (0.65) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.75
Quick Ratio 0.65
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

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 7.85% on average over the next years.
Based on estimates for the next years, ENB-PR-N will show a small growth in Revenue. The Revenue will grow by 6.68% on average per year.
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%

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 8.18 indicates a reasonable valuation of ENB-PR-N.
78.10% 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 27.08, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.53, the valuation of ENB-PR-N can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PR-N is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.09. ENB-PR-N is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.18
Fwd PE 7.53
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 5 10 15 20 25

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 76.19% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.91
EV/EBITDA 9.16
ENB-PR-N.CA Per share dataENB-PR-N.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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.
ENB-PR-N has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.98
PEG (5Y)7.39
EPS Next 2Y7.57%
EPS Next 3Y7.73%

8

5. Dividend

5.1 Amount

ENB-PR-N has a Yearly Dividend Yield of 5.71%, which is a nice return.
ENB-PR-N's Dividend Yield is rather good when compared to the industry average which is at 5.43. ENB-PR-N pays more dividend than 89.52% of the companies in the same industry.
ENB-PR-N's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
Industry RankSector Rank
Dividend Yield 5.71%

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
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 136.55% 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.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
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 (10/27/2025, 7:00:00 PM)

24.39

+0.03 (+0.12%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)08-01 2025-08-01/bmo
Earnings (Next)11-07 2025-11-07/bmo
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap53.19B
Revenue(TTM)64.48B
Net Income(TTM)6.22B
Analysts72.86
Price Target23.96 (-1.76%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.71%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years1
Div Non Decr Years12
Ex-Date08-15 2025-08-15 (0.4185)
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)-1.35%
PT rev (3m)-7.26%
EPS NQ rev (1m)-1.79%
EPS NQ rev (3m)1.59%
EPS NY rev (1m)0%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6.48%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
Industry RankSector Rank
PE 8.18
Fwd PE 7.53
P/S 0.82
P/FCF 10.91
P/OCF 4.11
P/B 0.81
P/tB 2.04
EV/EBITDA 9.16
EPS(TTM)2.98
EY12.22%
EPS(NY)3.24
Fwd EY13.28%
FCF(TTM)2.24
FCFY9.17%
OCF(TTM)5.93
OCFY24.3%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.98
PEG (5Y)7.39
Graham Number44.86
Profitability
Industry RankSector 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%
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 1.5
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
WACC7.02%
ROIC/WACC0.62
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 Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.12%
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%

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 1 / 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 8.35% in the next year.