ENBRIDGE INC (ENB) Fundamental Analysis & Valuation

NYSE:ENB • CA29250N1050

Current stock price

55.42 USD
+2 (+3.74%)
At close:
55.28 USD
-0.14 (-0.25%)
After Hours:

This ENB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. ENB Profitability Analysis

1.1 Basic Checks

  • ENB had positive earnings in the past year.
  • ENB had a positive operating cash flow in the past year.
  • ENB had positive earnings in each of the past 5 years.
  • In the past 5 years ENB always reported a positive cash flow from operatings.
ENB Yearly Net Income VS EBIT VS OCF VS FCFENB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B

1.2 Ratios

  • The Return On Assets of ENB (3.24%) is comparable to the rest of the industry.
  • With a decent Return On Equity value of 11.35%, ENB is doing good in the industry, outperforming 65.55% of the companies in the same industry.
  • ENB's Return On Invested Capital of 4.46% is on the low side compared to the rest of the industry. ENB is outperformed by 60.29% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ENB is significantly below the industry average of 22.53%.
  • The last Return On Invested Capital (4.46%) for ENB is above the 3 year average (4.22%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.24%
ROE 11.35%
ROIC 4.46%
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ENB Yearly ROA, ROE, ROICENB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • The Profit Margin of ENB (10.85%) is comparable to the rest of the industry.
  • ENB's Profit Margin has improved in the last couple of years.
  • With a Operating Margin value of 17.37%, ENB perfoms like the industry average, outperforming 53.59% of the companies in the same industry.
  • ENB's Operating Margin has declined in the last couple of years.
  • ENB has a Gross Margin of 41.37%. This is comparable to the rest of the industry: ENB outperforms 49.28% of its industry peers.
  • ENB's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 17.37%
PM (TTM) 10.85%
GM 41.37%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
ENB Yearly Profit, Operating, Gross MarginsENB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. ENB Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB is destroying value.
  • Compared to 1 year ago, ENB has about the same amount of shares outstanding.
  • Compared to 5 years ago, ENB has more shares outstanding
  • ENB has a worse debt/assets ratio than last year.
ENB Yearly Shares OutstandingENB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
ENB Yearly Total Debt VS Total AssetsENB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B

2.2 Solvency

  • ENB has an Altman-Z score of 0.93. This is a bad value and indicates that ENB is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.93, ENB is doing worse than 60.29% of the companies in the same industry.
  • ENB has a debt to FCF ratio of 33.90. This is a negative value and a sign of low solvency as ENB would need 33.90 years to pay back of all of its debts.
  • The Debt to FCF ratio of ENB (33.90) is comparable to the rest of the industry.
  • ENB has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
  • ENB has a Debt to Equity ratio of 1.61. This is in the lower half of the industry: ENB underperforms 74.16% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Altman-Z 0.93
ROIC/WACC0.74
WACC6.07%
ENB Yearly LT Debt VS Equity VS FCFENB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B 80B

2.3 Liquidity

  • A Current Ratio of 0.63 indicates that ENB may have some problems paying its short term obligations.
  • The Current ratio of ENB (0.63) is worse than 78.47% of its industry peers.
  • A Quick Ratio of 0.55 indicates that ENB may have some problems paying its short term obligations.
  • ENB has a worse Quick ratio (0.55) than 78.47% of its industry peers.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.55
ENB Yearly Current Assets VS Current LiabilitesENB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. ENB Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 7.86% over the past year.
  • Measured over the past 5 years, ENB shows a small growth in Earnings Per Share. The EPS has been growing by 4.44% on average per year.
  • ENB shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.92%.
  • The Revenue has been growing by 10.77% on average over the past years. This is quite good.
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%

3.2 Future

  • Based on estimates for the next years, ENB will show a small growth in Earnings Per Share. The EPS will grow by 4.46% on average per year.
  • ENB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.09% yearly.
EPS Next Y0.25%
EPS Next 2Y4.05%
EPS Next 3Y5.69%
EPS Next 5Y4.46%
Revenue Next Year0.33%
Revenue Next 2Y1.76%
Revenue Next 3Y2.8%
Revenue Next 5Y1.09%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • 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.
ENB Yearly Revenue VS EstimatesENB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
ENB Yearly EPS VS EstimatesENB Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

2

4. ENB Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 25.08, which means the current valuation is very expensive for ENB.
  • ENB's Price/Earnings is on the same level as the industry average.
  • ENB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.77.
  • With a Price/Forward Earnings ratio of 25.02, ENB can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB is on the same level as its industry peers.
  • When comparing the Price/Forward Earnings ratio of ENB to the average of the S&P500 Index (21.75), we can say ENB is valued inline with the index average.
Industry RankSector Rank
PE 25.08
Fwd PE 25.02
ENB Price Earnings VS Forward Price EarningsENB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • ENB's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ENB is more expensive than 62.20% of the companies in the same industry.
  • ENB's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 53.27
EV/EBITDA 15.8
ENB Per share dataENB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)101.31
PEG (5Y)5.64
EPS Next 2Y4.05%
EPS Next 3Y5.69%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. ENB Dividend Analysis

5.1 Amount

  • ENB has a Yearly Dividend Yield of 5.40%, which is a nice return.
  • ENB's Dividend Yield is a higher than the industry average which is at 3.21.
  • Compared to an average S&P500 Dividend Yield of 1.82, ENB pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.4%

5.2 History

  • The dividend of ENB has a limited annual growth rate of 2.95%.
  • ENB has paid a dividend for at least 10 years, which is a reliable track record.
  • ENB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.95%
Div Incr Years25
Div Non Decr Years25
ENB Yearly Dividends per shareENB Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 122.16% of the earnings are spent on dividend by ENB. This is not a sustainable payout ratio.
  • The dividend of ENB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP122.16%
EPS Next 2Y4.05%
EPS Next 3Y5.69%
ENB Yearly Income VS Free CF VS DividendENB Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B
ENB Dividend Payout.ENB Dividend Payout, showing the Payout Ratio.ENB Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

ENB Fundamentals: All Metrics, Ratios and Statistics

ENBRIDGE INC

NYSE:ENB (4/30/2026, 8:04:00 PM)

After market: 55.28 -0.14 (-0.25%)

55.42

+2 (+3.74%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Industry Strength57.48
Industry Growth80.6
Earnings (Last)02-13
Earnings (Next)05-08
Inst Owners53.37%
Inst Owner Change-0.9%
Ins Owners0.05%
Ins Owner Change0%
Market Cap121.02B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts70
Price Target55.22 (-0.36%)
Short Float %0.9%
Short Ratio3.87
Dividend
Industry RankSector Rank
Dividend Yield 5.4%
Yearly Dividend2.9
Dividend Growth(5Y)2.95%
DP122.16%
Div Incr Years25
Div Non Decr Years25
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.59%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.62%
EPS beat(4)3
Avg EPS beat(4)4.97%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.62%
EPS beat(8)4
Avg EPS beat(8)2.41%
EPS beat(12)5
Avg EPS beat(12)1.05%
EPS beat(16)6
Avg EPS beat(16)-0.39%
Revenue beat(2)2
Avg Revenue beat(2)1.4%
Min Revenue beat(2)0.91%
Max Revenue beat(2)1.89%
Revenue beat(4)4
Avg Revenue beat(4)14.04%
Min Revenue beat(4)0.91%
Max Revenue beat(4)28.78%
Revenue beat(8)8
Avg Revenue beat(8)48.45%
Revenue beat(12)8
Avg Revenue beat(12)26.69%
Revenue beat(16)10
Avg Revenue beat(16)20.02%
PT rev (1m)2.73%
PT rev (3m)7.75%
EPS NQ rev (1m)-2.72%
EPS NQ rev (3m)-1.61%
EPS NY rev (1m)-0.33%
EPS NY rev (3m)-2.64%
Revenue NQ rev (1m)-0.69%
Revenue NQ rev (3m)-7.17%
Revenue NY rev (1m)1.38%
Revenue NY rev (3m)0.3%
Valuation
Industry RankSector Rank
PE 25.08
Fwd PE 25.02
P/S 2.54
P/FCF 53.27
P/OCF 13.48
P/B 2.65
P/tB 7.17
EV/EBITDA 15.8
EPS(TTM)2.21
EY3.99%
EPS(NY)2.22
Fwd EY4%
FCF(TTM)1.04
FCFY1.88%
OCF(TTM)4.11
OCFY7.42%
SpS21.84
BVpS20.89
TBVpS7.73
PEG (NY)101.31
PEG (5Y)5.64
Graham Number32.2264 (-41.85%)
Profitability
Industry RankSector 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%
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ROICexc(3y)4.29%
ROICexc(5y)4.2%
ROICexgc(3y)5.45%
ROICexgc(5y)5.39%
ROCE(3y)5.41%
ROCE(5y)5.33%
ROICexgc growth 3Y2.49%
ROICexgc growth 5Y0.68%
ROICexc growth 3Y3.74%
ROICexc growth 5Y1.66%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
F-Score6
Asset Turnover0.3
Health
Industry RankSector 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 0.93
F-Score6
WACC6.07%
ROIC/WACC0.74
Cap/Depr(3y)133.91%
Cap/Depr(5y)144.7%
Cap/Sales(3y)12.73%
Cap/Sales(5y)12.89%
Profit Quality(3y)105.27%
Profit Quality(5y)116.67%
High Growth Momentum
Growth
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
EPS Next Y0.25%
EPS Next 2Y4.05%
EPS Next 3Y5.69%
EPS Next 5Y4.46%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%
Revenue Next Year0.33%
Revenue Next 2Y1.76%
Revenue Next 3Y2.8%
Revenue Next 5Y1.09%
EBIT growth 1Y15.61%
EBIT growth 3Y11.21%
EBIT growth 5Y7.86%
EBIT Next Year52.56%
EBIT Next 3Y19.62%
EBIT Next 5Y13.13%
FCF growth 1Y-45.24%
FCF growth 3Y-21.46%
FCF growth 5Y-5.69%
OCF growth 1Y-2.62%
OCF growth 3Y3%
OCF growth 5Y4.64%

ENBRIDGE INC / ENB Fundamental Analysis FAQ

What is the fundamental rating for ENB stock?

ChartMill assigns a fundamental rating of 4 / 10 to ENB.


What is the valuation status for ENB stock?

ChartMill assigns a valuation rating of 2 / 10 to ENBRIDGE INC (ENB). This can be considered as Overvalued.


How profitable is ENBRIDGE INC (ENB) stock?

ENBRIDGE INC (ENB) has a profitability rating of 5 / 10.


What are the PE and PB ratios of ENBRIDGE INC (ENB) stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC (ENB) is 25.08 and the Price/Book (PB) ratio is 2.65.


What is the expected EPS growth for ENBRIDGE INC (ENB) stock?

The Earnings per Share (EPS) of ENBRIDGE INC (ENB) is expected to grow by 0.25% in the next year.