ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PF-C - CA29250N5929
21.55 CAD
-0.02 (-0.09%)
We assign a fundamental rating of 5 out of 10 to ENB-PF-C. ENB-PF-C was compared to 216 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 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.
1. Profitability
1.1 Basic Checks
In the past year ENB-PF-C was profitable.
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.
In the past 5 years ENB-PF-C always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PF-C has a better Return On Assets (2.94%) than 65.28% of its industry peers.
The Return On Equity of ENB-PF-C (9.51%) is better than 73.61% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.33%, ENB-PF-C is in the better half of the industry, outperforming 68.52% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PF-C is below the industry average of 6.96%.
The 3 year average ROIC (3.99%) for ENB-PF-C is below the current ROIC(4.33%), indicating increased profibility in the last year.
| 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
With a decent Profit Margin value of 9.65%, ENB-PF-C is doing good in the industry, outperforming 67.59% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB-PF-C has declined.
With a decent Operating Margin value of 17.23%, ENB-PF-C is doing good in the industry, outperforming 70.83% of the companies in the same industry.
ENB-PF-C's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 40.92%, ENB-PF-C is in the better half of the industry, outperforming 63.43% of the companies in the same industry.
ENB-PF-C's Gross Margin has improved in the last couple of years.
| 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.
Compared to 5 years ago, ENB-PF-C has more shares outstanding
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.
ENB-PF-C has a Altman-Z score (0.53) which 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 better Debt to FCF ratio (20.73) than 68.52% 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's Debt to Equity ratio of 1.50 is on the low side compared to the rest of the industry. ENB-PF-C is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.61
WACC7.12%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PF-C may have some problems paying 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 43.06% of its industry peers.
A Quick Ratio of 0.65 indicates that ENB-PF-C may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.65, ENB-PF-C is in line with its industry, outperforming 46.30% of the companies in the same industry.
| 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%.
Measured over the past 5 years, ENB-PF-C shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
Looking at the last year, ENB-PF-C shows a very strong growth in Revenue. 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 7.85% 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 6.68% on average per year.
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
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.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PF-C is valuated cheaply with a Price/Earnings ratio of 7.23.
Based on the Price/Earnings ratio, ENB-PF-C is valued cheaply inside the industry as 85.19% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.86. ENB-PF-C is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.65 indicates a rather cheap valuation of ENB-PF-C.
Based on the Price/Forward Earnings ratio, ENB-PF-C is valued cheaply inside the industry as 85.19% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.32. ENB-PF-C is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 6.65 |
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 65.28% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ENB-PF-C is valued cheaply inside the industry as 82.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.64 | ||
| EV/EBITDA | 8.79 |
4.3 Compensation for Growth
ENB-PF-C's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PF-C has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.87
PEG (5Y)6.53
EPS Next 2Y7.57%
EPS Next 3Y7.73%
5. Dividend
5.1 Amount
ENB-PF-C has a Yearly Dividend Yield of 5.43%, which is a nice return.
ENB-PF-C's Dividend Yield is rather good when compared to the industry average which is at 6.72. ENB-PF-C pays more dividend than 85.19% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, ENB-PF-C pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
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.
The dividend of ENB-PF-C is growing, but earnings are growing more, so the dividend growth is sustainable.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
ENBRIDGE INC - ENBCN 5.477 PERP
TSX:ENB-PF-C (10/3/2025, 7:00:00 PM)
21.55
-0.02 (-0.09%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap47.00B
Analysts72.86
Price Target21.31 (-1.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
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)-1.18%
PT rev (3m)-2.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 6.65 | ||
| P/S | 0.73 | ||
| P/FCF | 9.64 | ||
| P/OCF | 3.64 | ||
| P/B | 0.72 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 8.79 |
EPS(TTM)2.98
EY13.83%
EPS(NY)3.24
Fwd EY15.03%
FCF(TTM)2.24
FCFY10.37%
OCF(TTM)5.93
OCFY27.5%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.87
PEG (5Y)6.53
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
WACC7.12%
ROIC/WACC0.61
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 Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.12%
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%