ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) Stock Fundamental Analysis
TSX:ENB-PF-A - CA29250N6265
22.02 CAD
+0.02 (+0.09%)
We assign a fundamental rating of 5 out of 10 to ENB-PF-A. ENB-PF-A was compared to 215 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-A belongs to the best of the industry regarding profitability, there are concerns on its financial health. ENB-PF-A scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ENB-PF-A also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PF-A had positive earnings in the past year.
ENB-PF-A had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PF-A has been profitable.
Each year in the past 5 years ENB-PF-A had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ENB-PF-A (2.94%) is better than 63.26% of its industry peers.
The Return On Equity of ENB-PF-A (9.51%) is better than 71.16% of its industry peers.
ENB-PF-A has a better Return On Invested Capital (4.33%) than 66.98% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PF-A is below the industry average of 6.99%.
The last Return On Invested Capital (4.33%) for ENB-PF-A is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROIC | 4.33% |
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
The Profit Margin of ENB-PF-A (9.65%) is better than 65.12% of its industry peers.
ENB-PF-A's Profit Margin has declined in the last couple of years.
ENB-PF-A has a Operating Margin of 17.23%. This is in the better half of the industry: ENB-PF-A outperforms 67.44% of its industry peers.
In the last couple of years the Operating Margin of ENB-PF-A has grown nicely.
ENB-PF-A has a Gross Margin of 40.92%. This is comparable to the rest of the industry: ENB-PF-A outperforms 60.00% of its industry peers.
ENB-PF-A's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PF-A is destroying value.
The number of shares outstanding for ENB-PF-A has been increased compared to 1 year ago.
ENB-PF-A has more shares outstanding than it did 5 years ago.
ENB-PF-A has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.54, 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 (0.54) which is comparable to the rest of the industry.
The Debt to FCF ratio of ENB-PF-A is 20.73, which is on the high side as it means it would take ENB-PF-A, 20.73 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 20.73, ENB-PF-A is in the better half of the industry, outperforming 65.12% of the companies in the same industry.
ENB-PF-A has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.50, ENB-PF-A is doing worse than 69.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.58
WACC7.48%
2.3 Liquidity
ENB-PF-A has a Current Ratio of 0.75. This is a bad value and indicates that ENB-PF-A is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.75, ENB-PF-A perfoms like the industry average, outperforming 42.79% of the companies in the same industry.
ENB-PF-A has a Quick Ratio of 0.75. This is a bad value and indicates that ENB-PF-A is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ENB-PF-A (0.65) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
ENB-PF-A shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.97%.
ENB-PF-A shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
ENB-PF-A shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.17%.
ENB-PF-A shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
EPS 1Y (TTM)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
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 7.64% yearly.
Based on estimates for the next years, ENB-PF-A will show a small growth in Revenue. The Revenue will grow by 6.47% on average per year.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.64%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
Revenue Next 5Y6.47%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.39, which indicates a rather cheap valuation of ENB-PF-A.
80.93% of the companies in the same industry are more expensive than ENB-PF-A, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.06. ENB-PF-A is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.88, 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 80.47% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ENB-PF-A to the average of the S&P500 Index (22.69), we can say ENB-PF-A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.39 | ||
| Fwd PE | 6.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENB-PF-A is valued a bit cheaper than 60.93% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENB-PF-A is valued a bit cheaper than 79.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.85 | ||
| EV/EBITDA | 8.85 |
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-PF-A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.95
PEG (5Y)6.67
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.73%, 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 6.00. ENB-PF-A pays more dividend than 87.91% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, ENB-PF-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.73% |
5.2 History
The dividend of ENB-PF-A has a limited annual growth rate of 4.10%.
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)4.1%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
136.55% 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.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 5.672 PERP
TSX:ENB-PF-A (9/5/2025, 7:00:00 PM)
22.02
+0.02 (+0.09%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners53.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap48.02B
Analysts73.57
Price Target22.08 (0.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.73% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.35%
Min EPS beat(2)6.39%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)4.02%
Min EPS beat(4)-1.96%
Max EPS beat(4)12.31%
EPS beat(8)4
Avg EPS beat(8)1.69%
EPS beat(12)5
Avg EPS beat(12)0.01%
EPS beat(16)6
Avg EPS beat(16)-0.97%
Revenue beat(2)2
Avg Revenue beat(2)26.68%
Min Revenue beat(2)24.58%
Max Revenue beat(2)28.78%
Revenue beat(4)4
Avg Revenue beat(4)69.92%
Min Revenue beat(4)24.58%
Max Revenue beat(4)117.73%
Revenue beat(8)6
Avg Revenue beat(8)44.36%
Revenue beat(12)6
Avg Revenue beat(12)25.15%
Revenue beat(16)10
Avg Revenue beat(16)21.32%
PT rev (1m)-3.01%
PT rev (3m)9.83%
EPS NQ rev (1m)3.22%
EPS NQ rev (3m)-13.7%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)20.39%
Revenue NQ rev (3m)133.19%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.39 | ||
| Fwd PE | 6.88 | ||
| P/S | 0.74 | ||
| P/FCF | 9.85 | ||
| P/OCF | 3.71 | ||
| P/B | 0.73 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 8.85 |
EPS(TTM)2.98
EY13.53%
EPS(NY)3.2
Fwd EY14.53%
FCF(TTM)2.24
FCFY10.15%
OCF(TTM)5.93
OCFY26.92%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.95
PEG (5Y)6.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROCE | 5.65% | ||
| ROIC | 4.33% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 5.45% | ||
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% | ||
| FCFM | 7.56% |
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-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Debt/EBITDA | 5.89 | ||
| Cap/Depr | 146.38% | ||
| Cap/Sales | 12.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.83% | ||
| Profit Quality | 78.33% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 0.54 |
F-Score5
WACC7.48%
ROIC/WACC0.58
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.64%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
Revenue Next 5Y6.47%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.9%
FCF growth 1Y-40.09%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-1.04%
OCF growth 3Y10.83%
OCF growth 5Y6.04%