ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Fundamental Analysis
TSX:ENB-PR-V - Toronto Stock Exchange - CA29250N7172 - Currency: USD
We assign a fundamental rating of 5 out of 10 to ENB-PR-V. ENB-PR-V was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PR-V while its profitability can be described as average. ENB-PR-V scores decently on growth, while it is valued quite cheap. This could make an interesting combination. ENB-PR-V also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-V had positive earnings in the past year.
ENB-PR-V had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PR-V has been profitable.
Each year in the past 5 years ENB-PR-V had a positive operating cash flow.
1.2 Ratios
ENB-PR-V has a Return On Assets (2.31%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 7.67%, ENB-PR-V is in the better half of the industry, outperforming 62.84% of the companies in the same industry.
ENB-PR-V has a Return On Invested Capital (3.85%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-V 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-V's Profit Margin of 9.45% is fine compared to the rest of the industry. ENB-PR-V outperforms 66.06% of its industry peers.
ENB-PR-V's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-V (18.31%) is better than 63.30% of its industry peers.
ENB-PR-V's Operating Margin has improved in the last couple of years.
ENB-PR-V's Gross Margin of 45.63% is fine compared to the rest of the industry. ENB-PR-V outperforms 61.93% of its industry peers.
ENB-PR-V'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-V is destroying value.
Compared to 1 year ago, ENB-PR-V has more shares outstanding
Compared to 5 years ago, ENB-PR-V has more shares outstanding
The debt/assets ratio for ENB-PR-V is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.40, we must say that ENB-PR-V is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.40, ENB-PR-V perfoms like the industry average, outperforming 51.38% of the companies in the same industry.
The Debt to FCF ratio of ENB-PR-V is 17.93, which is on the high side as it means it would take ENB-PR-V, 17.93 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 17.93, ENB-PR-V perfoms like the industry average, outperforming 59.63% of the companies in the same industry.
A Debt/Equity ratio of 1.43 is on the high side and indicates that ENB-PR-V has dependencies on debt financing.
ENB-PR-V's Debt to Equity ratio of 1.43 is on the low side compared to the rest of the industry. ENB-PR-V is outperformed by 74.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Altman-Z | 0.4 |
ROIC/WACC0.47
WACC8.28%
2.3 Liquidity
A Current Ratio of 0.55 indicates that ENB-PR-V may have some problems paying its short term obligations.
ENB-PR-V's Current ratio of 0.55 is on the low side compared to the rest of the industry. ENB-PR-V is outperformed by 65.14% of its industry peers.
ENB-PR-V has a Quick Ratio of 0.55. This is a bad value and indicates that ENB-PR-V is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ENB-PR-V (0.49) is worse than 66.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
ENB-PR-V shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.36%.
Measured over the past 5 years, ENB-PR-V shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
Looking at the last year, ENB-PR-V shows a very strong growth in Revenue. The Revenue has grown by 22.51%.
ENB-PR-V shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
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-V will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.26% on average per year.
ENB-PR-V is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.28% yearly.
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-V is valuated reasonably with a Price/Earnings ratio of 8.21.
74.31% of the companies in the same industry are more expensive than ENB-PR-V, based on the Price/Earnings ratio.
ENB-PR-V is valuated cheaply when we compare the Price/Earnings ratio to 28.88, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.58, the valuation of ENB-PR-V can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PR-V indicates a somewhat cheap valuation: ENB-PR-V is cheaper than 69.72% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.20, ENB-PR-V is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 7.58 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PR-V.
Based on the Price/Free Cash Flow ratio, ENB-PR-V is valued a bit cheaper than 72.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.84 | ||
| EV/EBITDA | 9.99 |
4.3 Compensation for Growth
ENB-PR-V's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PR-V has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)7.42
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.87%, ENB-PR-V is a good candidate for dividend investing.
ENB-PR-V's Dividend Yield is rather good when compared to the industry average which is at 7.45. ENB-PR-V pays more dividend than 90.37% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, ENB-PR-V pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
5.2 History
The dividend of ENB-PR-V has a limited annual growth rate of 4.10%.
ENB-PR-V has paid a dividend for at least 10 years, which is a reliable track record.
ENB-PR-V 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 Years2
Div Non Decr Years11
5.3 Sustainability
163.51% of the earnings are spent on dividend by ENB-PR-V. This is not a sustainable payout ratio.
The dividend of ENB-PR-V is growing, but earnings are growing more, so the dividend growth is sustainable.
DP163.51%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 6.7037 PERP
TSX:ENB-PR-V (4/30/2025, 7:00:00 PM)
22.99
+0.14 (+0.61%)
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 Cap50.12B
Analysts71.11
Price Target23.33 (1.48%)
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 Years2
Div Non Decr Years11
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)-6.28%
PT rev (3m)-7.24%
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 | 8.21 | ||
| Fwd PE | 7.58 | ||
| P/S | 0.94 | ||
| P/FCF | 8.84 | ||
| P/OCF | 3.98 | ||
| P/B | 0.76 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 9.99 |
EPS(TTM)2.8
EY12.18%
EPS(NY)3.03
Fwd EY13.19%
FCF(TTM)2.6
FCFY11.31%
OCF(TTM)5.78
OCFY25.14%
SpS24.53
BVpS30.23
TBVpS11.34
PEG (NY)0.99
PEG (5Y)7.42
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 | 0.4 |
F-Score4
WACC8.28%
ROIC/WACC0.47
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%