ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PF-C - CA29250N5929
21.43 CAD
+0.03 (+0.14%)
ENB-PF-C gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 218 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PF-C scores excellent on profitability, but there are concerns on its financial health. ENB-PF-C is valued quite cheap, while showing a decent growth score. This is a good combination! Finally ENB-PF-C also has an excellent dividend rating.
1. Profitability
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.
Each year in the past 5 years ENB-PF-C has been profitable.
In the past 5 years ENB-PF-C always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.94%, ENB-PF-C is in the better half of the industry, outperforming 64.68% of the companies in the same industry.
Looking at the Return On Equity, with a value of 9.51%, ENB-PF-C is in the better half of the industry, outperforming 72.94% of the companies in the same industry.
ENB-PF-C has a Return On Invested Capital of 4.33%. This is in the better half of the industry: ENB-PF-C outperforms 68.35% 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 6.94%.
The last Return On Invested Capital (4.33%) for ENB-PF-C 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
Looking at the Profit Margin, with a value of 9.65%, ENB-PF-C is in the better half of the industry, outperforming 67.43% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB-PF-C has declined.
ENB-PF-C has a better Operating Margin (17.23%) than 69.27% of its industry peers.
ENB-PF-C's Operating Margin has improved in the last couple of years.
ENB-PF-C's Gross Margin of 40.92% is fine compared to the rest of the industry. ENB-PF-C outperforms 61.93% of its industry peers.
In the last couple of years the Gross Margin of ENB-PF-C has grown nicely.
| 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
ENB-PF-C has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ENB-PF-C has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PF-C has been increased compared to 5 years ago.
The debt/assets ratio for ENB-PF-C is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that ENB-PF-C is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ENB-PF-C (0.53) is comparable to the rest of the industry.
The Debt to FCF ratio of ENB-PF-C is 20.73, which is on the high side as it means it would take ENB-PF-C, 20.73 years of fcf income to pay off all of its debts.
ENB-PF-C has a Debt to FCF ratio of 20.73. This is in the better half of the industry: ENB-PF-C outperforms 66.51% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PF-C has dependencies on debt financing.
ENB-PF-C has a Debt to Equity ratio of 1.50. This is in the lower half of the industry: ENB-PF-C underperforms 66.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.58
WACC7.4%
2.3 Liquidity
ENB-PF-C has a Current Ratio of 0.75. 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.
ENB-PF-C has a Current ratio of 0.75. This is comparable to the rest of the industry: ENB-PF-C outperforms 44.50% of its industry peers.
A Quick Ratio of 0.65 indicates that ENB-PF-C may have some problems paying its short term obligations.
ENB-PF-C has a Quick ratio (0.65) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
ENB-PF-C shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.97%.
ENB-PF-C shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
ENB-PF-C shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.17%.
ENB-PF-C 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
The Earnings Per Share is expected to grow by 7.56% on average over the next years.
The Revenue is expected to grow by 6.39% on average over the next years.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
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.
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 7.19, which indicates a rather cheap valuation of ENB-PF-C.
ENB-PF-C's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PF-C is cheaper than 83.94% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENB-PF-C to the average of the S&P500 Index (27.30), we can say ENB-PF-C is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.70, the valuation of ENB-PF-C can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PF-C is valued cheaply inside the industry as 83.49% of the companies are valued more expensively.
ENB-PF-C's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.19 | ||
| Fwd PE | 6.7 |
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 63.76% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENB-PF-C is valued cheaply inside the industry as 82.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.59 | ||
| EV/EBITDA | 8.77 |
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-C may justify a higher PE ratio.
PEG (NY)0.92
PEG (5Y)6.49
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PF-C has a Yearly Dividend Yield of 5.66%, which is a nice return.
ENB-PF-C's Dividend Yield is rather good when compared to the industry average which is at 5.89. ENB-PF-C pays more dividend than 85.78% 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 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
5.2 History
The dividend of ENB-PF-C has a limited annual growth rate of 4.10%.
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)4.1%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
136.55% 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.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 5.477 PERP
TSX:ENB-PF-C (9/12/2025, 7:00:00 PM)
21.43
+0.03 (+0.14%)
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 Cap46.73B
Analysts72.86
Price Target21.67 (1.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years3
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)-3.84%
PT rev (3m)9.31%
EPS NQ rev (1m)3.66%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.19 | ||
| Fwd PE | 6.7 | ||
| P/S | 0.72 | ||
| P/FCF | 9.59 | ||
| P/OCF | 3.62 | ||
| P/B | 0.71 | ||
| P/tB | 1.8 | ||
| EV/EBITDA | 8.77 |
EPS(TTM)2.98
EY13.91%
EPS(NY)3.2
Fwd EY14.93%
FCF(TTM)2.24
FCFY10.43%
OCF(TTM)5.93
OCFY27.66%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.92
PEG (5Y)6.49
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 | 0.53 |
F-Score5
WACC7.4%
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 5Y7.56%
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 5Y6.39%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.81%
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%