ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) Fundamental Analysis & Valuation

TSX:ENB-PF-C • CA29250N5929

Current stock price

23.25 CAD
+0.05 (+0.22%)
Last:

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

6

1. ENB-PF-C.CA Profitability Analysis

1.1 Basic Checks

  • In the past year ENB-PF-C was profitable.
  • ENB-PF-C had a positive operating cash flow in the past year.
  • In the past 5 years ENB-PF-C has always been profitable.
  • Each year in the past 5 years ENB-PF-C had a positive operating cash flow.
ENB-PF-C.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PF-C.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

  • With a decent Return On Assets value of 3.24%, ENB-PF-C is doing good in the industry, outperforming 72.33% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 11.35%, ENB-PF-C is in the better half of the industry, outperforming 79.61% of the companies in the same industry.
  • The Return On Invested Capital of ENB-PF-C (4.46%) is better than 66.99% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for ENB-PF-C is below the industry average of 6.84%.
  • The 3 year average ROIC (4.22%) for ENB-PF-C 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-C.CA Yearly ROA, ROE, ROICENB-PF-C.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-C (10.85%) is better than 71.84% of its industry peers.
  • In the last couple of years the Profit Margin of ENB-PF-C has grown nicely.
  • ENB-PF-C's Operating Margin of 17.37% is fine compared to the rest of the industry. ENB-PF-C outperforms 71.84% of its industry peers.
  • ENB-PF-C's Operating Margin has declined in the last couple of years.
  • With a decent Gross Margin value of 41.37%, ENB-PF-C is doing good in the industry, outperforming 67.96% of the companies in the same industry.
  • ENB-PF-C'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-C.CA Yearly Profit, Operating, Gross MarginsENB-PF-C.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-C.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PF-C is destroying value.
  • Compared to 1 year ago, ENB-PF-C has about the same amount of shares outstanding.
  • ENB-PF-C has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ENB-PF-C is higher compared to a year ago.
ENB-PF-C.CA Yearly Shares OutstandingENB-PF-C.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
ENB-PF-C.CA Yearly Total Debt VS Total AssetsENB-PF-C.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 0.49, we must say that ENB-PF-C is in the distress zone and has some risk of bankruptcy.
  • ENB-PF-C has a Altman-Z score (0.49) which is in line with its industry peers.
  • ENB-PF-C has a debt to FCF ratio of 33.90. This is a negative value and a sign of low solvency as ENB-PF-C would need 33.90 years to pay back of all of its debts.
  • The Debt to FCF ratio of ENB-PF-C (33.90) is better than 65.53% of its industry peers.
  • A Debt/Equity ratio of 1.61 is on the high side and indicates that ENB-PF-C has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.61, ENB-PF-C is doing worse than 63.59% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Altman-Z 0.49
ROIC/WACC0.8
WACC5.6%
ENB-PF-C.CA Yearly LT Debt VS Equity VS FCFENB-PF-C.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

  • ENB-PF-C has a Current Ratio of 0.63. This is a bad value and indicates that ENB-PF-C is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.63, ENB-PF-C is in line with its industry, outperforming 44.66% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that ENB-PF-C may have some problems paying its short term obligations.
  • ENB-PF-C has a Quick ratio (0.55) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.55
ENB-PF-C.CA Yearly Current Assets VS Current LiabilitesENB-PF-C.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-C.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-C 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

  • The Earnings Per Share is expected to grow by 4.46% on average over the next years.
  • Based on estimates for the next years, ENB-PF-C will show a small growth in Revenue. The Revenue will grow by 1.09% on average per year.
EPS Next Y0.25%
EPS Next 2Y4.05%
EPS Next 3Y5.69%
EPS Next 5Y4.46%
Revenue Next Year0.33%
Revenue Next 2Y1.76%
Revenue Next 3Y2.8%
Revenue Next 5Y1.09%

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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ENB-PF-C.CA Yearly Revenue VS EstimatesENB-PF-C.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-C.CA Yearly EPS VS EstimatesENB-PF-C.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-C.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 7.70 indicates a rather cheap valuation of ENB-PF-C.
  • Based on the Price/Earnings ratio, ENB-PF-C is valued cheaper than 88.83% of the companies in the same industry.
  • ENB-PF-C is valuated cheaply when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 7.68, the valuation of ENB-PF-C can be described as very cheap.
  • ENB-PF-C's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENB-PF-C is cheaper than 89.81% of the companies in the same industry.
  • ENB-PF-C's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.24.
Industry RankSector Rank
PE 7.7
Fwd PE 7.68
ENB-PF-C.CA Price Earnings VS Forward Price EarningsENB-PF-C.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • ENB-PF-C's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENB-PF-C is cheaper than 67.96% of the companies in the same industry.
  • 76.21% of the companies in the same industry are more expensive than ENB-PF-C, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 16.35
EV/EBITDA 9.05
ENB-PF-C.CA Per share dataENB-PF-C.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-C does not grow enough to justify the current Price/Earnings ratio.
  • ENB-PF-C has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)31.1
PEG (5Y)1.73
EPS Next 2Y4.05%
EPS Next 3Y5.69%

7

5. ENB-PF-C.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 5.40%, ENB-PF-C is a good candidate for dividend investing.
  • ENB-PF-C's Dividend Yield is rather good when compared to the industry average which is at 3.82. ENB-PF-C pays more dividend than 83.50% of the companies in the same industry.
  • ENB-PF-C's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 5.4%

5.2 History

  • The dividend of ENB-PF-C has a limited annual growth rate of 2.95%.
  • ENB-PF-C has paid a dividend for at least 10 years, which is a reliable track record.
  • ENB-PF-C has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.95%
Div Incr Years1
Div Non Decr Years4
ENB-PF-C.CA Yearly Dividends per shareENB-PF-C.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-C. This is not a sustainable payout ratio.
  • ENB-PF-C's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP122.16%
EPS Next 2Y4.05%
EPS Next 3Y5.69%
ENB-PF-C.CA Yearly Income VS Free CF VS DividendENB-PF-C.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-C.CA Dividend Payout.ENB-PF-C.CA Dividend Payout, showing the Payout Ratio.ENB-PF-C.CA Dividend Payout.PayoutRetained Earnings

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

ENBRIDGE INC - ENBCN 5.477 PERP

TSX:ENB-PF-C (4/24/2026, 7:00:00 PM)

23.25

+0.05 (+0.22%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)05-08
Inst Owners53.37%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap50.77B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts70
Price Target23.68 (1.85%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.4%
Yearly Dividend3.96
Dividend Growth(5Y)2.95%
DP122.16%
Div Incr Years1
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)1.07%
PT rev (3m)-6.98%
EPS NQ rev (1m)-2.72%
EPS NQ rev (3m)-1.61%
EPS NY rev (1m)-0.33%
EPS NY rev (3m)-2.64%
Revenue NQ rev (1m)-0.69%
Revenue NQ rev (3m)-7.17%
Revenue NY rev (1m)1.38%
Revenue NY rev (3m)0.3%
Valuation
Industry RankSector Rank
PE 7.7
Fwd PE 7.68
P/S 0.78
P/FCF 16.35
P/OCF 4.14
P/B 0.81
P/tB 2.2
EV/EBITDA 9.05
EPS(TTM)3.02
EY12.99%
EPS(NY)3.03
Fwd EY13.02%
FCF(TTM)1.42
FCFY6.12%
OCF(TTM)5.62
OCFY24.17%
SpS29.86
BVpS28.55
TBVpS10.56
PEG (NY)31.1
PEG (5Y)1.73
Graham Number44.042 (89.43%)
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 0.49
F-Score6
WACC5.6%
ROIC/WACC0.8
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 Y0.25%
EPS Next 2Y4.05%
EPS Next 3Y5.69%
EPS Next 5Y4.46%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%
Revenue Next Year0.33%
Revenue Next 2Y1.76%
Revenue Next 3Y2.8%
Revenue Next 5Y1.09%
EBIT growth 1Y15.61%
EBIT growth 3Y11.21%
EBIT growth 5Y7.86%
EBIT Next Year52.56%
EBIT Next 3Y19.62%
EBIT Next 5Y13.13%
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 5.477 PERP / ENB-PF-C.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) stock?

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


Can you provide the valuation status for ENBRIDGE INC - ENBCN 5.477 PERP?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA). This can be considered as Undervalued.


What is the profitability of ENB-PF-C stock?

ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) has a profitability rating of 6 / 10.


What is the valuation of ENBRIDGE INC - ENBCN 5.477 PERP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) is 7.7 and the Price/Book (PB) ratio is 0.81.


How sustainable is the dividend of ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) stock?

The dividend rating of ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) is 7 / 10 and the dividend payout ratio is 122.16%.