ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) Fundamental Analysis & Valuation

TSX:ENB-PF-A • CA29250N6265

23.05 CAD
0 (0%)
Last: Mar 12, 2026, 07:00 PM

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

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ENB-PF-A. ENB-PF-A was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PF-A while its profitability can be described as average. ENB-PF-A is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PF-A also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. ENB-PF-A.CA Profitability Analysis

1.1 Basic Checks

  • In the past year ENB-PF-A was profitable.
  • ENB-PF-A had a positive operating cash flow in the past year.
  • In the past 5 years ENB-PF-A has always been profitable.
  • In the past 5 years ENB-PF-A always reported a positive cash flow from operatings.
ENB-PF-A.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PF-A.CA 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-PF-A is in the better half of the industry, outperforming 69.81% of the companies in the same industry.
  • ENB-PF-A has a Return On Equity of 11.35%. This is in the better half of the industry: ENB-PF-A outperforms 78.77% of its industry peers.
  • ENB-PF-A has a Return On Invested Capital of 4.46%. This is in the better half of the industry: ENB-PF-A outperforms 66.51% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ENB-PF-A is below the industry average of 6.67%.
  • The 3 year average ROIC (4.22%) for ENB-PF-A 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-PF-A.CA Yearly ROA, ROE, ROICENB-PF-A.CA 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-PF-A (10.85%) is better than 71.70% of its industry peers.
  • In the last couple of years the Profit Margin of ENB-PF-A has grown nicely.
  • The Operating Margin of ENB-PF-A (17.37%) is better than 71.70% of its industry peers.
  • In the last couple of years the Operating Margin of ENB-PF-A has declined.
  • The Gross Margin of ENB-PF-A (41.37%) is better than 68.40% of its industry peers.
  • ENB-PF-A'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-PF-A.CA Yearly Profit, Operating, Gross MarginsENB-PF-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

2

2. ENB-PF-A.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PF-A is destroying value.
  • The number of shares outstanding for ENB-PF-A remains at a similar level compared to 1 year ago.
  • ENB-PF-A has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ENB-PF-A is higher compared to a year ago.
ENB-PF-A.CA Yearly Shares OutstandingENB-PF-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
ENB-PF-A.CA Yearly Total Debt VS Total AssetsENB-PF-A.CA 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

  • Based on the Altman-Z score of 0.48, we must say that ENB-PF-A is in the distress zone and has some risk of bankruptcy.
  • ENB-PF-A has a Altman-Z score (0.48) which is comparable to the rest of the industry.
  • The Debt to FCF ratio of ENB-PF-A is 33.90, which is on the high side as it means it would take ENB-PF-A, 33.90 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ENB-PF-A (33.90) is better than 63.68% of its industry peers.
  • ENB-PF-A has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.61, ENB-PF-A is doing worse than 65.09% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Altman-Z 0.48
ROIC/WACC0.74
WACC6.07%
ENB-PF-A.CA Yearly LT Debt VS Equity VS FCFENB-PF-A.CA 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-PF-A may have some problems paying its short term obligations.
  • With a Current ratio value of 0.63, ENB-PF-A perfoms like the industry average, outperforming 42.92% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that ENB-PF-A may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.55, ENB-PF-A perfoms like the industry average, outperforming 43.40% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.55
ENB-PF-A.CA Yearly Current Assets VS Current LiabilitesENB-PF-A.CA 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

5

3. ENB-PF-A.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 7.86% over the past year.
  • The Earnings Per Share has been growing slightly by 4.44% on average over the past years.
  • The Revenue has grown by 21.92% in the past year. This is a very strong growth!
  • ENB-PF-A shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.77% yearly.
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

  • ENB-PF-A is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.39% yearly.
  • 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-PF-A.CA Yearly Revenue VS EstimatesENB-PF-A.CA 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-PF-A.CA Yearly EPS VS EstimatesENB-PF-A.CA 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

7

4. ENB-PF-A.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 7.63, the valuation of ENB-PF-A can be described as very cheap.
  • Compared to the rest of the industry, the Price/Earnings ratio of ENB-PF-A indicates a rather cheap valuation: ENB-PF-A is cheaper than 87.26% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of ENB-PF-A to the average of the S&P500 Index (25.71), we can say ENB-PF-A is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 7.59, the valuation of ENB-PF-A can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, ENB-PF-A is valued cheaper than 89.15% of the companies in the same industry.
  • ENB-PF-A's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.82.
Industry RankSector Rank
PE 7.63
Fwd PE 7.59
ENB-PF-A.CA Price Earnings VS Forward Price EarningsENB-PF-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ENB-PF-A is valued a bit cheaper than the industry average as 67.45% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, ENB-PF-A is valued a bit cheaper than 75.94% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.2
EV/EBITDA 9.02
ENB-PF-A.CA Per share dataENB-PF-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ENB-PF-A does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of ENB-PF-A may justify a higher PE ratio.
PEG (NY)13.24
PEG (5Y)1.72
EPS Next 2Y4.52%
EPS Next 3Y6.23%

7

5. ENB-PF-A.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 6.74%, ENB-PF-A is a good candidate for dividend investing.
  • ENB-PF-A's Dividend Yield is rather good when compared to the industry average which is at 4.17. ENB-PF-A pays more dividend than 90.57% of the companies in the same industry.
  • ENB-PF-A's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 6.74%

5.2 History

  • The dividend of ENB-PF-A has a limited annual growth rate of 2.95%.
  • ENB-PF-A has been paying a dividend for at least 10 years, so it has a reliable track record.
  • ENB-PF-A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.95%
Div Incr Years0
Div Non Decr Years4
ENB-PF-A.CA Yearly Dividends per shareENB-PF-A.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 122.16% of the earnings are spent on dividend by ENB-PF-A. This is not a sustainable payout ratio.
  • ENB-PF-A'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-PF-A.CA Yearly Income VS Free CF VS DividendENB-PF-A.CA 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-PF-A.CA Dividend Payout.ENB-PF-A.CA Dividend Payout, showing the Payout Ratio.ENB-PF-A.CA Dividend Payout.PayoutRetained Earnings

ENB-PF-A.CA Fundamentals: All Metrics, Ratios and Statistics

ENBRIDGE INC - ENBCN 5.672 PERP

TSX:ENB-PF-A (3/12/2026, 7:00:00 PM)

23.05

0 (0%)

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 ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap50.29B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts70
Price Target23.61 (2.43%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.74%
Yearly Dividend3.96
Dividend Growth(5Y)2.95%
DP122.16%
Div Incr Years0
Div Non Decr Years4
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)-4.69%
PT rev (3m)-1.25%
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 7.63
Fwd PE 7.59
P/S 0.77
P/FCF 16.2
P/OCF 4.1
P/B 0.81
P/tB 2.18
EV/EBITDA 9.02
EPS(TTM)3.02
EY13.1%
EPS(NY)3.04
Fwd EY13.18%
FCF(TTM)1.42
FCFY6.17%
OCF(TTM)5.62
OCFY24.4%
SpS29.88
BVpS28.57
TBVpS10.57
PEG (NY)13.24
PEG (5Y)1.72
Graham Number44.06
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 0.48
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 Y0.58%
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 - ENBCN 5.672 PERP / ENB-PF-A.CA FAQ

What is the fundamental rating for ENB-PF-A stock?

ChartMill assigns a fundamental rating of 5 / 10 to ENB-PF-A.CA.


What is the valuation status of ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) stock?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA). This can be considered as Undervalued.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 5.672 PERP?

ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) has a profitability rating of 6 / 10.


What is the valuation of ENBRIDGE INC - ENBCN 5.672 PERP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) is 7.63 and the Price/Book (PB) ratio is 0.81.


What is the financial health of ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) stock?

The financial health rating of ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) is 2 / 10.