ENBRIDGE INC - ENBCN 3.043 PERP (ENB-PF-E.CA) Stock Fundamental Analysis
TSX:ENB-PF-E - Toronto Stock Exchange - CA29250N5762 - Currency: CAD
Overall ENB-PF-E gets a fundamental rating of 5 out of 10. We evaluated ENB-PF-E against 214 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PF-E has an excellent profitability rating, but there are concerns on its financial health. ENB-PF-E is valued quite cheap, while showing a decent growth score. This is a good combination! Finally ENB-PF-E also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PF-E had positive earnings in the past year.
ENB-PF-E had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PF-E has been profitable.
Each year in the past 5 years ENB-PF-E had a positive operating cash flow.
1.2 Ratios
ENB-PF-E's Return On Assets of 2.68% is fine compared to the rest of the industry. ENB-PF-E outperforms 65.42% of its industry peers.
The Return On Equity of ENB-PF-E (8.64%) is better than 70.56% of its industry peers.
The Return On Invested Capital of ENB-PF-E (4.07%) is better than 67.76% of its industry peers.
ENB-PF-E had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.31%.
The last Return On Invested Capital (4.07%) for ENB-PF-E is above the 3 year average (3.99%), which is a sign of increasing profitability.
| 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 has a better Profit Margin (9.67%) than 70.56% of its industry peers.
In the last couple of years the Profit Margin of ENB-PF-E has declined.
ENB-PF-E's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PF-E outperforms 67.76% of its industry peers.
In the last couple of years the Operating Margin of ENB-PF-E has grown nicely.
With a decent Gross Margin value of 42.37%, ENB-PF-E is doing good in the industry, outperforming 61.68% of the companies in the same industry.
ENB-PF-E's Gross Margin has improved in the last couple of years.
| 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.
Compared to 1 year ago, ENB-PF-E has more shares outstanding
Compared to 5 years ago, ENB-PF-E has more shares outstanding
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.
ENB-PF-E has a Altman-Z score of 0.48. This is comparable to the rest of the industry: ENB-PF-E outperforms 45.33% of its industry peers.
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.
ENB-PF-E has a better Debt to FCF ratio (20.56) than 64.02% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PF-E has dependencies on debt financing.
With a Debt to Equity ratio value of 1.44, ENB-PF-E is not doing good in the industry: 67.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.56
WACC7.23%
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's Current ratio of 0.73 is in line compared to the rest of the industry. ENB-PF-E outperforms 51.87% of 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.
The Quick ratio of ENB-PF-E (0.66) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
ENB-PF-E shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.75%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
ENB-PF-E shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.00%.
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)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
3.2 Future
ENB-PF-E is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.83% yearly.
Based on estimates for the next years, ENB-PF-E will show a small growth in Revenue. The Revenue will grow by 6.39% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
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
A Price/Earnings ratio of 7.13 indicates a rather cheap valuation of ENB-PF-E.
Based on the Price/Earnings ratio, ENB-PF-E is valued cheaply inside the industry as 84.11% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.51. ENB-PF-E is valued rather cheaply when compared to this.
ENB-PF-E is valuated cheaply with a Price/Forward Earnings ratio of 6.38.
81.31% of the companies in the same industry are more expensive than ENB-PF-E, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 35.58. ENB-PF-E is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 6.38 |
4.2 Price Multiples
ENB-PF-E's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENB-PF-E is cheaper than 61.22% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENB-PF-E is valued cheaper than 82.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.02 | ||
| EV/EBITDA | 9.05 |
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-E may justify a higher PE ratio.
PEG (NY)0.86
PEG (5Y)6.44
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.60%, ENB-PF-E is a good candidate for dividend investing.
ENB-PF-E's Dividend Yield is rather good when compared to the industry average which is at 6.24. ENB-PF-E pays more dividend than 85.05% of the companies in the same industry.
ENB-PF-E's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
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 3.043 PERP
TSX:ENB-PF-E (7/14/2025, 7:00:00 PM)
20.74
+0.06 (+0.29%)
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 Cap45.22B
Analysts72.14
Price Target21.77 (4.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
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)5.76%
PT rev (3m)10.87%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-12.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 6.38 | ||
| P/S | 0.74 | ||
| P/FCF | 9.02 | ||
| P/OCF | 3.62 | ||
| P/B | 0.66 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 9.05 |
EPS(TTM)2.91
EY14.03%
EPS(NY)3.25
Fwd EY15.67%
FCF(TTM)2.3
FCFY11.09%
OCF(TTM)5.73
OCFY27.65%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.86
PEG (5Y)6.44
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
WACC7.23%
ROIC/WACC0.56
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)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
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%