ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) Stock Fundamental Analysis
TSX:ENB-PF-A - Toronto Stock Exchange - CA29250N6265 - Currency: CAD
ENB-PF-A gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PF-A scores excellent on profitability, but there are concerns on its financial health. ENB-PF-A may be a bit undervalued, certainly considering the very reasonable score on growth 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.
In the past year ENB-PF-A had a positive cash flow from operations.
Each year in the past 5 years ENB-PF-A has been profitable.
ENB-PF-A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.68%, ENB-PF-A is in the better half of the industry, outperforming 63.77% of the companies in the same industry.
The Return On Equity of ENB-PF-A (8.64%) is better than 69.08% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.07%, ENB-PF-A is in the better half of the industry, outperforming 66.18% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PF-A is below the industry average of 7.39%.
The last Return On Invested Capital (4.07%) for ENB-PF-A is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 8.64% | ||
| ROIC | 4.07% |
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-PF-A has a Profit Margin of 9.67%. This is in the better half of the industry: ENB-PF-A outperforms 69.57% of its industry peers.
ENB-PF-A's Profit Margin has declined in the last couple of years.
ENB-PF-A's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PF-A outperforms 67.15% 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 42.37%. This is in the better half of the industry: ENB-PF-A outperforms 60.87% of its industry peers.
ENB-PF-A's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.53% | ||
| PM (TTM) | 9.67% | ||
| GM | 42.37% |
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.
The debt/assets ratio for ENB-PF-A is higher compared to a year ago.
2.2 Solvency
ENB-PF-A has an Altman-Z score of 0.48. This is a bad value and indicates that ENB-PF-A is not financially healthy and even has some risk of bankruptcy.
ENB-PF-A has a Altman-Z score (0.48) which is in line with its industry peers.
ENB-PF-A has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PF-A would need 20.56 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 20.56, ENB-PF-A is in the better half of the industry, outperforming 62.80% of the companies in the same industry.
ENB-PF-A has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.44, ENB-PF-A is not doing good in the industry: 67.63% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.56
WACC7.28%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PF-A may have some problems paying its short term obligations.
ENB-PF-A has a Current ratio (0.73) which is in line with its industry peers.
ENB-PF-A has a Quick Ratio of 0.73. 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.
Looking at the Quick ratio, with a value of 0.66, ENB-PF-A is in line with its industry, outperforming 51.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.75% over the past year.
Measured over the past 5 years, ENB-PF-A shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
ENB-PF-A shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.00%.
Measured over the past years, ENB-PF-A shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
EPS 1Y (TTM)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
3.2 Future
The Earnings Per Share is expected to grow by 7.83% on average over the next years.
ENB-PF-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.39% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y6.39%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.25, which indicates a rather cheap valuation of ENB-PF-A.
83.57% of the companies in the same industry are more expensive than ENB-PF-A, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.30, ENB-PF-A is valued rather cheaply.
ENB-PF-A is valuated cheaply with a Price/Forward Earnings ratio of 6.50.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PF-A indicates a rather cheap valuation: ENB-PF-A is cheaper than 80.68% of the companies listed 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 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.25 | ||
| Fwd PE | 6.5 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PF-A is on the same level as its industry peers.
ENB-PF-A's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ENB-PF-A is cheaper than 80.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.18 | ||
| EV/EBITDA | 9.1 |
4.3 Compensation for Growth
ENB-PF-A's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ENB-PF-A may justify a higher PE ratio.
PEG (NY)0.87
PEG (5Y)6.55
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-A has a Yearly Dividend Yield of 6.60%, which is a nice return.
ENB-PF-A's Dividend Yield is rather good when compared to the industry average which is at 6.26. ENB-PF-A pays more dividend than 86.96% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, ENB-PF-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
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
ENB-PF-A pays out 142.15% of its income as dividend. This is not a sustainable payout ratio.
ENB-PF-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.672 PERP
TSX:ENB-PF-A (7/11/2025, 7:00:00 PM)
21.11
+0.11 (+0.52%)
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 Cap46.03B
Analysts72.14
Price Target21.09 (-0.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.86%
Min EPS beat(2)-0.67%
Max EPS beat(2)6.39%
EPS beat(4)1
Avg EPS beat(4)-1.5%
Min EPS beat(4)-9.75%
Max EPS beat(4)6.39%
EPS beat(8)3
Avg EPS beat(8)-0.03%
EPS beat(12)4
Avg EPS beat(12)-1.51%
EPS beat(16)6
Avg EPS beat(16)-0.67%
Revenue beat(2)2
Avg Revenue beat(2)68.68%
Min Revenue beat(2)28.78%
Max Revenue beat(2)108.58%
Revenue beat(4)4
Avg Revenue beat(4)87.88%
Min Revenue beat(4)28.78%
Max Revenue beat(4)117.73%
Revenue beat(8)5
Avg Revenue beat(8)39.78%
Revenue beat(12)6
Avg Revenue beat(12)23.62%
Revenue beat(16)10
Avg Revenue beat(16)21.8%
PT rev (1m)0%
PT rev (3m)2.47%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-12.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.25 | ||
| Fwd PE | 6.5 | ||
| P/S | 0.76 | ||
| P/FCF | 9.18 | ||
| P/OCF | 3.68 | ||
| P/B | 0.67 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 9.1 |
EPS(TTM)2.91
EY13.78%
EPS(NY)3.25
Fwd EY15.39%
FCF(TTM)2.3
FCFY10.9%
OCF(TTM)5.73
OCFY27.16%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.87
PEG (5Y)6.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| ROE | 8.64% | ||
| ROCE | 5.31% | ||
| ROIC | 4.07% | ||
| ROICexc | 4.11% | ||
| ROICexgc | 5.17% | ||
| OM | 17.53% | ||
| PM (TTM) | 9.67% | ||
| GM | 42.37% | ||
| FCFM | 8.23% |
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 Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Debt/EBITDA | 6.1 | ||
| Cap/Depr | 139.09% | ||
| Cap/Sales | 12.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.81% | ||
| Profit Quality | 85.09% | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 0.48 |
F-Score5
WACC7.28%
ROIC/WACC0.56
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)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y6.39%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.89%
FCF growth 1Y-30.74%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y2.84%
OCF growth 3Y10.83%
OCF growth 5Y6.04%