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 211 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-A has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PF-A. ENB-PF-A also has an excellent dividend rating.
1. Profitability
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.
ENB-PF-A had positive earnings in each of the past 5 years.
Each year in the past 5 years ENB-PF-A had a positive operating cash flow.
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 63.51% of the companies in the same industry.
ENB-PF-A has a better Return On Equity (8.64%) than 67.30% of its industry peers.
ENB-PF-A has a better Return On Invested Capital (4.07%) than 64.93% 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 7.23%.
The 3 year average ROIC (3.99%) for ENB-PF-A is below the current ROIC(4.07%), indicating increased profibility in the last year.
| 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's Profit Margin of 9.67% is fine compared to the rest of the industry. ENB-PF-A outperforms 68.72% 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 17.53%. This is in the better half of the industry: ENB-PF-A outperforms 64.93% of its industry peers.
In the last couple of years the Operating Margin of ENB-PF-A has grown nicely.
ENB-PF-A's Gross Margin of 42.37% is in line compared to the rest of the industry. ENB-PF-A outperforms 59.72% 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.
ENB-PF-A has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PF-A has more shares outstanding
The debt/assets ratio for ENB-PF-A is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.47, 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 of 0.47. This is comparable to the rest of the industry: ENB-PF-A outperforms 47.87% of 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.
With a decent Debt to FCF ratio value of 20.56, ENB-PF-A is doing good in the industry, outperforming 65.40% 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.
ENB-PF-A has a Debt to Equity ratio of 1.44. This is in the lower half of the industry: ENB-PF-A underperforms 70.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.47 |
ROIC/WACC0.57
WACC7.13%
2.3 Liquidity
ENB-PF-A has a Current 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.
ENB-PF-A's Current ratio of 0.73 is in line compared to the rest of the industry. ENB-PF-A outperforms 50.24% of 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.
ENB-PF-A's Quick ratio of 0.66 is in line compared to the rest of the industry. ENB-PF-A outperforms 50.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
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 1.75%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
Looking at the last year, ENB-PF-A shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
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)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
Based on estimates for the next years, ENB-PF-A will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.26% on average per year.
ENB-PF-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.28% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.28%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PF-A is valuated cheaply with a Price/Earnings ratio of 6.94.
Based on the Price/Earnings ratio, ENB-PF-A is valued cheaply inside the industry as 82.46% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.19, ENB-PF-A is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.22, the valuation of ENB-PF-A can be described as very cheap.
ENB-PF-A's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENB-PF-A is cheaper than 81.52% 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 (22.13), we can say ENB-PF-A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.94 | ||
| Fwd PE | 6.22 |
4.2 Price Multiples
ENB-PF-A's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, ENB-PF-A is valued cheaper than 81.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.78 | ||
| EV/EBITDA | 8.98 |
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.
The decent profitability rating of ENB-PF-A may justify a higher PE ratio.
PEG (NY)0.83
PEG (5Y)6.27
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-A has a Yearly Dividend Yield of 5.97%, which is a nice return.
Compared to an average industry Dividend Yield of 6.54, ENB-PF-A pays a better dividend. On top of this ENB-PF-A pays more dividend than 85.78% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, ENB-PF-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.97% |
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 (5/29/2025, 7:00:00 PM)
20.2
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap44.04B
Analysts72.14
Price Target20.11 (-0.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.97% |
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)-2.31%
PT rev (3m)-5.71%
EPS NQ rev (1m)-11.19%
EPS NQ rev (3m)-15.32%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)-13.19%
Revenue NQ rev (3m)58.96%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)31.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.94 | ||
| Fwd PE | 6.22 | ||
| P/S | 0.72 | ||
| P/FCF | 8.78 | ||
| P/OCF | 3.52 | ||
| P/B | 0.65 | ||
| P/tB | 1.62 | ||
| EV/EBITDA | 8.98 |
EPS(TTM)2.91
EY14.41%
EPS(NY)3.25
Fwd EY16.09%
FCF(TTM)2.3
FCFY11.39%
OCF(TTM)5.73
OCFY28.39%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.83
PEG (5Y)6.27
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 | 0.47 |
F-Score5
WACC7.13%
ROIC/WACC0.57
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 5Y8.26%
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 5Y0.28%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y16.03%
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%