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

Canada • Toronto Stock Exchange • TSX:ENB-PF-C • CA29250N5929

22.71 CAD
-0.01 (-0.04%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

5

Overall ENB-PF-C gets a fundamental rating of 5 out of 10. We evaluated ENB-PF-C against 212 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PF-C has an excellent profitability rating, but there are concerns on its financial health. ENB-PF-C scores decently on growth, while it is valued quite cheap. This could make an interesting combination. ENB-PF-C also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • ENB-PF-C had positive earnings in the past year.
  • In the past year ENB-PF-C had a positive cash flow from operations.
  • ENB-PF-C had positive earnings in each of the past 5 years.
  • ENB-PF-C had a positive operating cash flow in each of the past 5 years.
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 0 5B 10B

1.2 Ratios

  • The Return On Assets of ENB-PF-C (2.59%) is better than 63.89% of its industry peers.
  • ENB-PF-C has a better Return On Equity (8.61%) than 71.76% of its industry peers.
  • ENB-PF-C has a Return On Invested Capital of 4.12%. This is in the better half of the industry: ENB-PF-C outperforms 69.91% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ENB-PF-C is below the industry average of 6.50%.
  • The last Return On Invested Capital (4.12%) for ENB-PF-C is above the 3 year average (3.99%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROIC 4.12%
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
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 2 4 6 8

1.3 Margins

  • ENB-PF-C has a better Profit Margin (8.74%) than 68.52% of its industry peers.
  • In the last couple of years the Profit Margin of ENB-PF-C has declined.
  • Looking at the Operating Margin, with a value of 16.91%, ENB-PF-C is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
  • In the last couple of years the Operating Margin of ENB-PF-C has grown nicely.
  • ENB-PF-C's Gross Margin of 41.11% is fine compared to the rest of the industry. ENB-PF-C outperforms 62.96% of its industry peers.
  • In the last couple of years the Gross Margin of ENB-PF-C has grown nicely.
Industry RankSector Rank
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
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%
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 10 20 30 40 50

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PF-C is destroying value.
  • ENB-PF-C has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, ENB-PF-C has more shares outstanding
  • Compared to 1 year ago, ENB-PF-C has a worse debt to assets ratio.
ENB-PF-C.CA Yearly Shares OutstandingENB-PF-C.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 50B 100B 150B 200B

2.2 Solvency

  • Based on the Altman-Z score of 0.52, we must say that ENB-PF-C is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.52, ENB-PF-C is in line with its industry, outperforming 46.30% of the companies in the same industry.
  • ENB-PF-C has a debt to FCF ratio of 25.58. This is a negative value and a sign of low solvency as ENB-PF-C would need 25.58 years to pay back of all of its debts.
  • ENB-PF-C has a better Debt to FCF ratio (25.58) than 67.59% of its industry peers.
  • ENB-PF-C has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.56, ENB-PF-C is doing worse than 63.43% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.52
ROIC/WACC0.6
WACC6.91%
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 0 20B 40B 60B 80B

2.3 Liquidity

  • A Current Ratio of 0.80 indicates that ENB-PF-C may have some problems paying its short term obligations.
  • ENB-PF-C has a Current ratio of 0.80. This is comparable to the rest of the industry: ENB-PF-C outperforms 54.63% of its industry peers.
  • A Quick Ratio of 0.68 indicates that ENB-PF-C may have some problems paying its short term obligations.
  • The Quick ratio of ENB-PF-C (0.68) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
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 5B 10B 15B 20B

5

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 7.43%.
  • 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 32.29%.
  • Measured over the past years, ENB-PF-C shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
EPS 1Y (TTM)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%

3.2 Future

  • ENB-PF-C is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.06% yearly.
  • ENB-PF-C is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.24% yearly.
EPS Next Y4.67%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
EPS Next 5Y7.06%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%

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 accelerating.
  • 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.
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. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 7.86, which indicates a rather cheap valuation of ENB-PF-C.
  • Based on the Price/Earnings ratio, ENB-PF-C is valued cheaper than 85.65% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.93. ENB-PF-C is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 7.30, which indicates a rather cheap valuation of ENB-PF-C.
  • Based on the Price/Forward Earnings ratio, ENB-PF-C is valued cheaper than 86.11% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of ENB-PF-C to the average of the S&P500 Index (27.77), we can say ENB-PF-C is valued rather cheaply.
Industry RankSector Rank
PE 7.86
Fwd PE 7.3
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PF-C indicates a somewhat cheap valuation: ENB-PF-C is cheaper than 67.59% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, ENB-PF-C is valued a bit cheaper than 79.17% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.22
EV/EBITDA 9.16
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

  • ENB-PF-C's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ENB-PF-C has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.68
PEG (5Y)7.1
EPS Next 2Y5.39%
EPS Next 3Y6.44%

7

5. Dividend

5.1 Amount

  • ENB-PF-C has a Yearly Dividend Yield of 5.61%, which is a nice return.
  • ENB-PF-C's Dividend Yield is rather good when compared to the industry average which is at 3.13. ENB-PF-C pays more dividend than 82.87% 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 5.61%

5.2 History

  • The dividend of ENB-PF-C has a limited annual growth rate of 4.10%.
  • ENB-PF-C has been paying a dividend for at least 10 years, so it has 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
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

  • ENB-PF-C pays out 152.61% of its income as dividend. This is not a sustainable payout ratio.
  • ENB-PF-C's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP152.61%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
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 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

ENBRIDGE INC - ENBCN 5.477 PERP

TSX:ENB-PF-C (2/6/2026, 7:00:00 PM)

22.71

-0.01 (-0.04%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07
Earnings (Next)02-13
Inst Owners55.5%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap49.54B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target24.62 (8.41%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.61%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years0
Div Non Decr Years3
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)-0.8%
PT rev (3m)5.8%
EPS NQ rev (1m)-0.47%
EPS NQ rev (3m)-1.97%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-3.4%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)6.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.27%
Valuation
Industry RankSector Rank
PE 7.86
Fwd PE 7.3
P/S 0.77
P/FCF 12.22
P/OCF 3.86
P/B 0.76
P/tB 1.96
EV/EBITDA 9.16
EPS(TTM)2.89
EY12.73%
EPS(NY)3.11
Fwd EY13.69%
FCF(TTM)1.86
FCFY8.18%
OCF(TTM)5.88
OCFY25.88%
SpS29.45
BVpS29.88
TBVpS11.57
PEG (NY)1.68
PEG (5Y)7.1
Graham Number44.08
Profitability
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROCE 5.38%
ROIC 4.12%
ROICexc 4.14%
ROICexgc 5.17%
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
FCFM 6.31%
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%
ROICexgc growth 3Y-2.31%
ROICexgc 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 RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Debt/EBITDA 6.2
Cap/Depr 157.09%
Cap/Sales 13.65%
Interest Coverage 250
Cash Conversion 77.99%
Profit Quality 72.23%
Current Ratio 0.8
Quick Ratio 0.68
Altman-Z 0.52
F-Score5
WACC6.91%
ROIC/WACC0.6
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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
EPS Next Y4.67%
EPS Next 2Y5.39%
EPS Next 3Y6.44%
EPS Next 5Y7.06%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year73.94%
EBIT Next 3Y24.05%
EBIT Next 5Y15.94%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%

ENBRIDGE INC - ENBCN 5.477 PERP / ENB-PF-C.CA 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.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 5.477 PERP?

ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for ENB-PF-C stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) is 7.86 and the Price/Book (PB) ratio is 0.76.


Can you provide the expected EPS growth for ENB-PF-C stock?

The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) is expected to grow by 4.67% in the next year.