ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Stock Fundamental Analysis
TSX:ENB-PR-P - Toronto Stock Exchange - CA29250N7586 - Currency: CAD
We assign a fundamental rating of 5 out of 10 to ENB-PR-P. ENB-PR-P was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-P has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENB-PR-P is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PR-P also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-P had positive earnings in the past year.
ENB-PR-P had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PR-P has been profitable.
Each year in the past 5 years ENB-PR-P had a positive operating cash flow.
1.2 Ratios
ENB-PR-P's Return On Assets of 2.31% is fine compared to the rest of the industry. ENB-PR-P outperforms 62.39% of its industry peers.
The Return On Equity of ENB-PR-P (7.67%) is better than 66.51% of its industry peers.
ENB-PR-P's Return On Invested Capital of 3.85% is in line compared to the rest of the industry. ENB-PR-P outperforms 58.72% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-P is below the industry average of 7.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROIC | 3.85% |
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
ENB-PR-P's Profit Margin of 9.45% is fine compared to the rest of the industry. ENB-PR-P outperforms 69.72% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-P has declined.
ENB-PR-P's Operating Margin of 18.31% is fine compared to the rest of the industry. ENB-PR-P outperforms 66.97% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-P has grown nicely.
The Gross Margin of ENB-PR-P (45.63%) is better than 65.60% of its industry peers.
ENB-PR-P's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% |
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-P is destroying value.
Compared to 1 year ago, ENB-PR-P has more shares outstanding
Compared to 5 years ago, ENB-PR-P has more shares outstanding
The debt/assets ratio for ENB-PR-P is higher compared to a year ago.
2.2 Solvency
ENB-PR-P has an Altman-Z score of 0.37. This is a bad value and indicates that ENB-PR-P is not financially healthy and even has some risk of bankruptcy.
ENB-PR-P has a Altman-Z score (0.37) which is comparable to the rest of the industry.
The Debt to FCF ratio of ENB-PR-P is 17.93, which is on the high side as it means it would take ENB-PR-P, 17.93 years of fcf income to pay off all of its debts.
ENB-PR-P's Debt to FCF ratio of 17.93 is fine compared to the rest of the industry. ENB-PR-P outperforms 63.30% of its industry peers.
ENB-PR-P has a Debt/Equity ratio of 1.43. This is a high value indicating a heavy dependency on external financing.
ENB-PR-P has a Debt to Equity ratio of 1.43. This is in the lower half of the industry: ENB-PR-P underperforms 71.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Altman-Z | 0.37 |
ROIC/WACC0.55
WACC6.96%
2.3 Liquidity
ENB-PR-P has a Current Ratio of 0.55. This is a bad value and indicates that ENB-PR-P is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-P's Current ratio of 0.55 is on the low side compared to the rest of the industry. ENB-PR-P is outperformed by 61.47% of its industry peers.
ENB-PR-P has a Quick Ratio of 0.55. This is a bad value and indicates that ENB-PR-P is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ENB-PR-P (0.49) is worse than 63.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
ENB-PR-P shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.36%.
ENB-PR-P shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
Looking at the last year, ENB-PR-P shows a very strong growth in Revenue. The Revenue has grown by 22.51%.
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%17.19%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%43.54%
3.2 Future
Based on estimates for the next years, ENB-PR-P will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.26% on average per year.
Based on estimates for the next years, ENB-PR-P will show a small growth in Revenue. The Revenue will grow by 0.28% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.85%
Revenue Next 2Y9.07%
Revenue Next 3Y7.26%
Revenue Next 5Y0.28%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PR-P is valuated cheaply with a Price/Earnings ratio of 6.82.
Based on the Price/Earnings ratio, ENB-PR-P is valued cheaply inside the industry as 83.49% of the companies are valued more expensively.
ENB-PR-P is valuated cheaply when we compare the Price/Earnings ratio to 28.98, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.30 indicates a rather cheap valuation of ENB-PR-P.
Based on the Price/Forward Earnings ratio, ENB-PR-P is valued a bit cheaper than 79.36% of the companies in the same industry.
ENB-PR-P is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.82 | ||
| Fwd PE | 6.3 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-P is on the same level as its industry peers.
79.82% of the companies in the same industry are more expensive than ENB-PR-P, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.34 | ||
| EV/EBITDA | 9.42 |
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-P has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.82
PEG (5Y)6.16
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-P has a Yearly Dividend Yield of 5.87%, which is a nice return.
Compared to an average industry Dividend Yield of 7.45, ENB-PR-P pays a better dividend. On top of this ENB-PR-P pays more dividend than 86.70% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, ENB-PR-P pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
5.2 History
The dividend of ENB-PR-P has a limited annual growth rate of 4.10%.
ENB-PR-P has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-P 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
ENB-PR-P pays out 163.51% of its income as dividend. This is not a sustainable payout ratio.
ENB-PR-P's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP163.51%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.918 PERP
TSX:ENB-PR-P (4/29/2025, 7:00:00 PM)
19.1
+0.02 (+0.1%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap41.64B
Analysts71.11
Price Target19.64 (2.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP163.51%
Div Incr Years1
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.32%
Min EPS beat(2)-1.96%
Max EPS beat(2)-0.67%
EPS beat(4)1
Avg EPS beat(4)-0.15%
Min EPS beat(4)-9.75%
Max EPS beat(4)11.79%
EPS beat(8)2
Avg EPS beat(8)-0.91%
EPS beat(12)3
Avg EPS beat(12)-2.18%
EPS beat(16)6
Avg EPS beat(16)-0.23%
Revenue beat(2)2
Avg Revenue beat(2)113.16%
Min Revenue beat(2)108.58%
Max Revenue beat(2)117.73%
Revenue beat(4)4
Avg Revenue beat(4)82.85%
Min Revenue beat(4)8.67%
Max Revenue beat(4)117.73%
Revenue beat(8)4
Avg Revenue beat(8)33.02%
Revenue beat(12)6
Avg Revenue beat(12)22.01%
Revenue beat(16)9
Avg Revenue beat(16)19.55%
PT rev (1m)-8.48%
PT rev (3m)-7.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.57%
EPS NY rev (1m)-1.38%
EPS NY rev (3m)1.33%
Revenue NQ rev (1m)21.34%
Revenue NQ rev (3m)81.24%
Revenue NY rev (1m)-0.75%
Revenue NY rev (3m)46.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.82 | ||
| Fwd PE | 6.3 | ||
| P/S | 0.78 | ||
| P/FCF | 7.34 | ||
| P/OCF | 3.3 | ||
| P/B | 0.63 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 9.42 |
EPS(TTM)2.8
EY14.66%
EPS(NY)3.03
Fwd EY15.88%
FCF(TTM)2.6
FCFY13.62%
OCF(TTM)5.78
OCFY30.26%
SpS24.53
BVpS30.23
TBVpS11.34
PEG (NY)0.82
PEG (5Y)6.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROCE | 5.02% | ||
| ROIC | 3.85% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 4.94% | ||
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% | ||
| FCFM | 10.6% |
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-Score4
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Debt/EBITDA | 6.28 | ||
| Cap/Depr | 134.12% | ||
| Cap/Sales | 12.96% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 84.22% | ||
| Profit Quality | 112.21% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 0.37 |
F-Score4
WACC6.96%
ROIC/WACC0.55
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)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%17.19%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%43.54%
Revenue Next Year14.85%
Revenue Next 2Y9.07%
Revenue Next 3Y7.26%
Revenue Next 5Y0.28%
EBIT growth 1Y10%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.24%
EBIT Next 3Y24.16%
EBIT Next 5Y16.03%
FCF growth 1Y-39.2%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-11.27%
OCF growth 3Y10.83%
OCF growth 5Y6.04%