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

Canada - TSX:ENB-PR-N - CA29250N7743

24.8 CAD
+0.03 (+0.12%)
Last: 11/10/2025, 7:00:00 PM
Fundamental Rating

4

Taking everything into account, ENB-PR-N scores 4 out of 10 in our fundamental rating. ENB-PR-N was compared to 214 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 has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

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.
In the past 5 years ENB-PR-N has always been profitable.
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

With a Return On Assets value of 2.94%, ENB-PR-N perfoms like the industry average, outperforming 59.81% of the companies in the same industry.
ENB-PR-N has a Return On Equity of 9.51%. This is in the better half of the industry: ENB-PR-N outperforms 65.89% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.33%, ENB-PR-N is in the better half of the industry, outperforming 62.15% 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 6.87%.
The last Return On Invested Capital (4.33%) for ENB-PR-N is above the 3 year average (3.99%), which is a sign of increasing profitability.
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

ENB-PR-N has a better Profit Margin (9.65%) than 61.22% of its industry peers.
ENB-PR-N's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-N (17.23%) is better than 64.49% 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 (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 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

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PR-N is destroying value.
The number of shares outstanding for ENB-PR-N has been increased compared to 1 year ago.
Compared to 5 years ago, ENB-PR-N has more shares outstanding
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

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 49.07% of its industry peers.
ENB-PR-N has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-N would need 20.73 years to pay back of 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 63.08% of the companies in the same industry.
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 71.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.5
Debt/FCF 20.73
Altman-Z 0.56
ROIC/WACC0.63
WACC6.85%
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

A Current Ratio of 0.75 indicates that ENB-PR-N may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.75, ENB-PR-N is doing worse than 61.22% of the companies in the same industry.
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.
ENB-PR-N has a Quick ratio (0.65) which 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 7.65%.
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 22.51% in the past year. This is a very strong growth!
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)7.65%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-15.33%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%0.8%

3.2 Future

ENB-PR-N is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.00% yearly.
Based on estimates for the next years, ENB-PR-N will show a small growth in Revenue. The Revenue will grow by 6.83% on average per year.
EPS Next Y7.76%
EPS Next 2Y7.08%
EPS Next 3Y7.08%
EPS Next 5Y8%
Revenue Next Year26.64%
Revenue Next 2Y11.77%
Revenue Next 3Y10.37%
Revenue Next 5Y6.83%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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

6

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 8.55, the valuation of ENB-PR-N can be described as reasonable.
ENB-PR-N's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 77.10% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENB-PR-N to the average of the S&P500 Index (26.28), we can say ENB-PR-N is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.72, 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 78.50% of the companies are valued more expensively.
ENB-PR-N's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 33.61.
Industry RankSector Rank
PE 8.55
Fwd PE 7.72
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

The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PR-N.
Based on the Price/Free Cash Flow ratio, ENB-PR-N is valued a bit cheaper than the industry average as 76.17% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.09
EV/EBITDA 9.21
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 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)1.1
PEG (5Y)7.72
EPS Next 2Y7.08%
EPS Next 3Y7.08%

6

5. Dividend

5.1 Amount

ENB-PR-N has a Yearly Dividend Yield of 3.32%.
ENB-PR-N's Dividend Yield is a higher than the industry average which is at 4.97.
Compared to an average S&P500 Dividend Yield of 2.36, ENB-PR-N pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 3.32%

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 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

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 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 (11/10/2025, 7:00:00 PM)

24.8

+0.03 (+0.12%)

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 Cap54.08B
Revenue(TTM)53.47B
Net Income(TTM)6.22B
Analysts72.14
Price Target25.62 (3.31%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.32%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years1
Div Non Decr Years12
Ex-Date11-14 2025-11-14 (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)6.92%
PT rev (3m)-0.84%
EPS NQ rev (1m)-5.79%
EPS NQ rev (3m)-2.51%
EPS NY rev (1m)-0.54%
EPS NY rev (3m)-0.52%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6.48%
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)3.41%
Valuation
Industry RankSector Rank
PE 8.55
Fwd PE 7.72
P/S 0.84
P/FCF 11.09
P/OCF 4.18
P/B 0.83
P/tB 2.08
EV/EBITDA 9.21
EPS(TTM)2.9
EY11.69%
EPS(NY)3.21
Fwd EY12.95%
FCF(TTM)2.24
FCFY9.01%
OCF(TTM)5.93
OCFY23.9%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1.1
PEG (5Y)7.72
Graham Number44.25
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
WACC6.85%
ROIC/WACC0.63
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)7.65%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-15.33%
EPS Next Y7.76%
EPS Next 2Y7.08%
EPS Next 3Y7.08%
EPS Next 5Y8%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%0.8%
Revenue Next Year26.64%
Revenue Next 2Y11.77%
Revenue Next 3Y10.37%
Revenue Next 5Y6.83%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.29%
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 4 / 10 to ENB-PR-N.CA.


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

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 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 7.76% in the next year.