ENBRIDGE INC (ENB) Fundamental Analysis & Valuation

NYSE:ENB • CA29250N1050

Current stock price

54.07 USD
+0.83 (+1.56%)
At close:
54.37 USD
+0.3 (+0.55%)
Pre-Market:

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

  • In the past year ENB was profitable.
  • ENB had a positive operating cash flow in the past year.
  • Each year in the past 5 years ENB has been profitable.
  • 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

  • Looking at the Return On Assets, with a value of 3.24%, ENB is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • With a decent Return On Equity value of 11.35%, ENB is doing good in the industry, outperforming 65.38% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 4.46%, ENB is in line with its industry, outperforming 40.87% of the companies in the same industry.
  • ENB had an Average Return On Invested Capital over the past 3 years of 4.22%. This is significantly below the industry average of 22.30%.
  • The 3 year average ROIC (4.22%) for ENB is below the current ROIC(4.46%), indicating increased profibility in the last year.
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

  • ENB has a Profit Margin (10.85%) which is in line with its industry peers.
  • ENB's Profit Margin has improved in the last couple of years.
  • ENB's Operating Margin of 17.37% is in line compared to the rest of the industry. ENB outperforms 53.37% of its industry peers.
  • In the last couple of years the Operating Margin of ENB has declined.
  • ENB has a Gross Margin of 41.37%. This is comparable to the rest of the industry: ENB outperforms 50.96% 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

  • ENB 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 remains at a similar level compared to 1 year ago.
  • ENB has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, ENB has a worse debt to assets ratio.
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 0.91. This is a bad value and indicates that ENB is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of ENB (0.91) is comparable to the rest of the 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.
  • ENB has a Debt to FCF ratio (33.90) which is in line with its industry peers.
  • ENB has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
  • ENB's Debt to Equity ratio of 1.61 is on the low side compared to the rest of the industry. ENB is outperformed by 74.04% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Altman-Z 0.91
ROIC/WACC0.74
WACC6.03%
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.
  • ENB has a worse Current ratio (0.63) than 77.88% of its industry peers.
  • A Quick Ratio of 0.55 indicates that ENB may have some problems paying its short term obligations.
  • ENB's Quick ratio of 0.55 is on the low side compared to the rest of the industry. ENB is outperformed by 75.96% 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.
  • ENB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.44% yearly.
  • The Revenue has grown by 21.92% in the past year. This is a very strong growth!
  • Measured over the past years, ENB shows a quite strong growth in Revenue. The Revenue has been growing by 10.77% on average per year.
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 4.39% on average per year.
  • The Revenue is expected to grow by 0.76% on average over the next years.
EPS Next Y0.58%
EPS Next 2Y4.52%
EPS Next 3Y6.23%
EPS Next 5Y4.39%
Revenue Next Year-1.03%
Revenue Next 2Y1.41%
Revenue Next 3Y2.18%
Revenue Next 5Y0.76%

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 stable.
  • 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

  • Based on the Price/Earnings ratio of 24.58, the valuation of ENB can be described as rather expensive.
  • ENB's Price/Earnings ratio is in line with the industry average.
  • ENB is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.73, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 24.43, ENB is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB is on the same level as its industry peers.
  • ENB's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.72.
Industry RankSector Rank
PE 24.58
Fwd PE 24.43
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

  • 63.94% of the companies in the same industry are cheaper than ENB, based on the Enterprise Value to EBITDA ratio.
  • ENB's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 52.15
EV/EBITDA 15.59
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)42.65
PEG (5Y)5.53
EPS Next 2Y4.52%
EPS Next 3Y6.23%

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 6.61%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.47, ENB pays a bit more dividend than its industry peers.
  • ENB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
Industry RankSector Rank
Dividend Yield 6.61%

5.2 History

  • The dividend of ENB has a limited annual growth rate of 2.95%.
  • ENB has been paying a dividend for at least 10 years, so it has 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 Years24
Div Non Decr Years24
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.
  • ENB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP122.16%
EPS Next 2Y4.52%
EPS Next 3Y6.23%
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 (3/19/2026, 8:04:00 PM)

Premarket: 54.37 +0.3 (+0.55%)

54.07

+0.83 (+1.56%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)05-07
Inst Owners53.53%
Inst Owner Change-0.48%
Ins Owners0.05%
Ins Owner Change0%
Market Cap117.97B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts70
Price Target53.75 (-0.59%)
Short Float %1.23%
Short Ratio4.87
Dividend
Industry RankSector Rank
Dividend Yield 6.61%
Yearly Dividend2.89
Dividend Growth(5Y)2.95%
DP122.16%
Div Incr Years24
Div Non Decr Years24
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)3.12%
PT rev (3m)6.5%
EPS NQ rev (1m)1.08%
EPS NQ rev (3m)-4.42%
EPS NY rev (1m)-2.33%
EPS NY rev (3m)-3.89%
Revenue NQ rev (1m)-6.52%
Revenue NQ rev (3m)-7.6%
Revenue NY rev (1m)-1.07%
Revenue NY rev (3m)-0.57%
Valuation
Industry RankSector Rank
PE 24.58
Fwd PE 24.43
P/S 2.48
P/FCF 52.15
P/OCF 13.2
P/B 2.6
P/tB 7.02
EV/EBITDA 15.59
EPS(TTM)2.2
EY4.07%
EPS(NY)2.21
Fwd EY4.09%
FCF(TTM)1.04
FCFY1.92%
OCF(TTM)4.1
OCFY7.58%
SpS21.77
BVpS20.81
TBVpS7.7
PEG (NY)42.65
PEG (5Y)5.53
Graham Number32.1
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 0.91
F-Score6
WACC6.03%
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 Y0.58%
EPS Next 2Y4.52%
EPS Next 3Y6.23%
EPS Next 5Y4.39%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%
Revenue Next Year-1.03%
Revenue Next 2Y1.41%
Revenue Next 3Y2.18%
Revenue Next 5Y0.76%
EBIT growth 1Y15.61%
EBIT growth 3Y11.21%
EBIT growth 5Y7.86%
EBIT Next Year52.47%
EBIT Next 3Y19.58%
EBIT Next 5Y13.05%
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.


What is the profitability of ENB stock?

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


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 0.58% in the next year.


Is the dividend of ENBRIDGE INC sustainable?

The dividend rating of ENBRIDGE INC (ENB) is 8 / 10 and the dividend payout ratio is 122.16%.