ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) Stock Fundamental Analysis
TSX:ENB-PF-C - Toronto Stock Exchange - CA29250N5929 - Currency: CAD
Taking everything into account, ENB-PF-C scores 5 out of 10 in our fundamental rating. ENB-PF-C was compared to 214 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!
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.
ENB-PF-C had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENB-PF-C's Return On Assets of 2.68% is fine compared to the rest of the industry. ENB-PF-C outperforms 64.02% of its industry peers.
ENB-PF-C has a better Return On Equity (8.64%) than 69.63% of its industry peers.
ENB-PF-C has a better Return On Invested Capital (4.07%) than 67.29% 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 7.26%.
The 3 year average ROIC (3.99%) for ENB-PF-C 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-C has a Profit Margin of 9.67%. This is in the better half of the industry: ENB-PF-C outperforms 69.16% of its industry peers.
ENB-PF-C's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PF-C (17.53%) is better than 67.76% of its industry peers.
ENB-PF-C's Operating Margin has improved in the last couple of years.
ENB-PF-C has a better Gross Margin (42.37%) than 62.15% 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 | 17.53% | ||
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PF-C is destroying value.
The number of shares outstanding for ENB-PF-C has been increased compared to 1 year ago.
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.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that ENB-PF-C is in the distress zone and has some risk of bankruptcy.
ENB-PF-C's Altman-Z score of 0.48 is in line compared to the rest of the industry. ENB-PF-C outperforms 43.93% of its industry peers.
ENB-PF-C has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PF-C would need 20.56 years to pay back of all of its debts.
ENB-PF-C's Debt to FCF ratio of 20.56 is fine compared to the rest of the industry. ENB-PF-C outperforms 63.55% of its industry peers.
A Debt/Equity ratio of 1.44 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 1.44 is on the low side compared to the rest of the industry. ENB-PF-C is outperformed by 66.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.55
WACC7.36%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PF-C may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.73, ENB-PF-C is in line with its industry, outperforming 51.40% of the companies in the same industry.
ENB-PF-C has a Quick Ratio of 0.73. 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.
With a Quick ratio value of 0.66, ENB-PF-C perfoms like the industry average, outperforming 51.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.04% over the past year.
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 22.51%.
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)8.04%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.42%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.57%
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 7.83% yearly.
ENB-PF-C is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.39% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year22.46%
Revenue Next 2Y11.61%
Revenue Next 3Y9.09%
Revenue Next 5Y6.39%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.23 indicates a rather cheap valuation of ENB-PF-C.
Based on the Price/Earnings ratio, ENB-PF-C is valued cheaply inside the industry as 83.18% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ENB-PF-C to the average of the S&P500 Index (26.54), we can say ENB-PF-C is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.63, the valuation of ENB-PF-C can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PF-C indicates a rather cheap valuation: ENB-PF-C is cheaper than 81.78% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.28, ENB-PF-C is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 6.63 |
4.2 Price Multiples
62.62% of the companies in the same industry are more expensive than ENB-PF-C, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PF-C indicates a rather cheap valuation: ENB-PF-C is cheaper than 81.31% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.37 | ||
| EV/EBITDA | 9.16 |
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.
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 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.08%, ENB-PF-C is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.75, ENB-PF-C pays a bit more dividend than its industry peers.
ENB-PF-C's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
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
5.3 Sustainability
142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.477 PERP
TSX:ENB-PF-C (8/7/2025, 7:00:00 PM)
21.56
-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 Cap47.01B
Analysts72.14
Price Target22.54 (4.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years0
Div Non Decr Years3
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)3.45%
PT rev (3m)16.94%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)-11.46%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)6.52%
Revenue NY rev (3m)6.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 6.63 | ||
| P/S | 0.77 | ||
| P/FCF | 9.37 | ||
| P/OCF | 3.76 | ||
| P/B | 0.69 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 9.16 |
EPS(TTM)2.98
EY13.82%
EPS(NY)3.25
Fwd EY15.07%
FCF(TTM)2.3
FCFY10.67%
OCF(TTM)5.73
OCFY26.59%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.87
PEG (5Y)6.53
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 | 0.48 |
F-Score5
WACC7.36%
ROIC/WACC0.55
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)8.04%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.42%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.57%
Revenue Next Year22.46%
Revenue Next 2Y11.61%
Revenue Next 3Y9.09%
Revenue Next 5Y6.39%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.89%
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%