ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) Stock Fundamental Analysis
TSX:ENB-PF-E - Toronto Stock Exchange - CA29250N5762 - Currency: CAD
ENB-PF-E gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-E has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PF-E.
1. Profitability
1.1 Basic Checks
In the past year ENB-PF-E was profitable.
ENB-PF-E had a positive operating cash flow in the past year.
In the past 5 years ENB-PF-E has always been profitable.
In the past 5 years ENB-PF-E always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PF-E has a Return On Assets of 2.68%. This is in the better half of the industry: ENB-PF-E outperforms 64.95% of its industry peers.
The Return On Equity of ENB-PF-E (8.64%) is better than 70.56% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.07%, ENB-PF-E is in the better half of the industry, outperforming 68.22% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ENB-PF-E is below the industry average of 7.26%.
The 3 year average ROIC (3.99%) for ENB-PF-E 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-E's Profit Margin of 9.67% is fine compared to the rest of the industry. ENB-PF-E outperforms 70.09% of its industry peers.
In the last couple of years the Profit Margin of ENB-PF-E has declined.
Looking at the Operating Margin, with a value of 17.53%, ENB-PF-E is in the better half of the industry, outperforming 68.69% of the companies in the same industry.
ENB-PF-E's Operating Margin has improved in the last couple of years.
ENB-PF-E's Gross Margin of 42.37% is fine compared to the rest of the industry. ENB-PF-E outperforms 63.08% of its industry peers.
In the last couple of years the Gross Margin of ENB-PF-E 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-E is destroying value.
The number of shares outstanding for ENB-PF-E has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PF-E has been increased compared to 5 years ago.
ENB-PF-E has a worse debt/assets ratio than last year.
2.2 Solvency
ENB-PF-E has an Altman-Z score of 0.48. This is a bad value and indicates that ENB-PF-E is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.48, ENB-PF-E perfoms like the industry average, outperforming 42.99% of the companies in the same industry.
The Debt to FCF ratio of ENB-PF-E is 20.56, which is on the high side as it means it would take ENB-PF-E, 20.56 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 20.56, ENB-PF-E is doing good in the industry, outperforming 64.49% of the companies in the same industry.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PF-E has dependencies on debt financing.
ENB-PF-E has a worse Debt to Equity ratio (1.44) than 65.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.55
WACC7.34%
2.3 Liquidity
ENB-PF-E has a Current Ratio of 0.73. This is a bad value and indicates that ENB-PF-E is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PF-E has a Current ratio (0.73) which is in line with its industry peers.
ENB-PF-E has a Quick Ratio of 0.73. This is a bad value and indicates that ENB-PF-E is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PF-E has a Quick ratio of 0.66. This is comparable to the rest of the industry: ENB-PF-E outperforms 52.34% of its industry peers.
| 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.
ENB-PF-E shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
Looking at the last year, ENB-PF-E shows a very strong growth in Revenue. The Revenue has grown by 22.51%.
ENB-PF-E 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
The Earnings Per Share is expected to grow by 7.83% on average over the next years.
ENB-PF-E 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
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
Based on the Price/Earnings ratio of 7.17, the valuation of ENB-PF-E can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PF-E indicates a rather cheap valuation: ENB-PF-E is cheaper than 84.11% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ENB-PF-E to the average of the S&P500 Index (26.54), we can say ENB-PF-E is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.57, the valuation of ENB-PF-E can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PF-E is valued cheaper than 82.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ENB-PF-E to the average of the S&P500 Index (35.28), we can say ENB-PF-E is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.17 | ||
| Fwd PE | 6.57 |
4.2 Price Multiples
63.55% of the companies in the same industry are more expensive than ENB-PF-E, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PF-E indicates a rather cheap valuation: ENB-PF-E is cheaper than 82.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.28 | ||
| EV/EBITDA | 9.13 |
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-E has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.86
PEG (5Y)6.47
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-E has a Yearly Dividend Yield of 5.08%, which is a nice return.
ENB-PF-E's Dividend Yield is a higher than the industry average which is at 5.75.
ENB-PF-E'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-E has a limited annual growth rate of 4.10%.
ENB-PF-E has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PF-E 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
ENB-PF-E pays out 142.15% of its income as dividend. This is not a sustainable payout ratio.
ENB-PF-E's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.395 PERP
TSX:ENB-PF-E (8/7/2025, 7:00:00 PM)
21.36
-0.06 (-0.28%)
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 Cap46.57B
Analysts72.14
Price Target22.32 (4.49%)
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)2.56%
PT rev (3m)19.05%
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 | 7.17 | ||
| Fwd PE | 6.57 | ||
| P/S | 0.76 | ||
| P/FCF | 9.28 | ||
| P/OCF | 3.73 | ||
| P/B | 0.68 | ||
| P/tB | 1.72 | ||
| EV/EBITDA | 9.13 |
EPS(TTM)2.98
EY13.95%
EPS(NY)3.25
Fwd EY15.21%
FCF(TTM)2.3
FCFY10.77%
OCF(TTM)5.73
OCFY26.84%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.86
PEG (5Y)6.47
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
WACC7.34%
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%