ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) Stock Fundamental Analysis

TSX:ENB-PF-E • CA29250N5762

22.66 CAD
-0.04 (-0.18%)
Last: Feb 24, 2026, 07:00 PM
Fundamental Rating

5

Taking everything into account, ENB-PF-E scores 5 out of 10 in our fundamental rating. ENB-PF-E was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PF-E scores excellent on profitability, 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! ENB-PF-E also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

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.
  • In the past 5 years ENB-PF-E always reported a positive cash flow from operatings.
ENB-PF-E.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PF-E.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 2025 0 5B 10B

1.2 Ratios

  • ENB-PF-E has a better Return On Assets (3.24%) than 73.58% of its industry peers.
  • ENB-PF-E has a Return On Equity of 11.35%. This is amongst the best in the industry. ENB-PF-E outperforms 81.60% of its industry peers.
  • ENB-PF-E has a Return On Invested Capital of 4.46%. This is in the better half of the industry: ENB-PF-E outperforms 70.28% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ENB-PF-E is below the industry average of 6.59%.
  • The 3 year average ROIC (4.22%) for ENB-PF-E is below the current ROIC(4.46%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.24%
ROE 11.35%
ROIC 4.46%
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ENB-PF-E.CA Yearly ROA, ROE, ROICENB-PF-E.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • ENB-PF-E has a Profit Margin of 10.85%. This is in the better half of the industry: ENB-PF-E outperforms 73.11% of its industry peers.
  • ENB-PF-E's Profit Margin has improved in the last couple of years.
  • ENB-PF-E's Operating Margin of 17.37% is fine compared to the rest of the industry. ENB-PF-E outperforms 72.64% of its industry peers.
  • ENB-PF-E's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 41.37%, ENB-PF-E is in the better half of the industry, outperforming 66.04% of the companies in the same industry.
  • In the last couple of years the Gross Margin of ENB-PF-E has declined.
Industry RankSector Rank
OM 17.37%
PM (TTM) 10.85%
GM 41.37%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
ENB-PF-E.CA Yearly Profit, Operating, Gross MarginsENB-PF-E.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

1

2. Health

2.1 Basic Checks

  • ENB-PF-E has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, ENB-PF-E has about the same amount of shares outstanding.
  • ENB-PF-E has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ENB-PF-E is higher compared to a year ago.
ENB-PF-E.CA Yearly Shares OutstandingENB-PF-E.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
ENB-PF-E.CA Yearly Total Debt VS Total AssetsENB-PF-E.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B

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's Altman-Z score of 0.48 is in line compared to the rest of the industry. ENB-PF-E outperforms 43.87% of its industry peers.
  • The Debt to FCF ratio of ENB-PF-E is 33.90, which is on the high side as it means it would take ENB-PF-E, 33.90 years of fcf income to pay off all of its debts.
  • ENB-PF-E has a Debt to FCF ratio of 33.90. This is comparable to the rest of the industry: ENB-PF-E outperforms 59.91% of its industry peers.
  • ENB-PF-E has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
  • ENB-PF-E has a Debt to Equity ratio of 1.61. This is in the lower half of the industry: ENB-PF-E underperforms 68.40% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Altman-Z 0.48
ROIC/WACC0.72
WACC6.16%
ENB-PF-E.CA Yearly LT Debt VS Equity VS FCFENB-PF-E.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B 80B

2.3 Liquidity

  • ENB-PF-E has a Current Ratio of 0.63. 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.
  • With a Current ratio value of 0.63, ENB-PF-E is not doing good in the industry: 61.32% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.55 indicates that ENB-PF-E may have some problems paying its short term obligations.
  • ENB-PF-E has a worse Quick ratio (0.55) than 60.38% of its industry peers.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.55
ENB-PF-E.CA Yearly Current Assets VS Current LiabilitesENB-PF-E.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

5

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 7.86%.
  • Measured over the past 5 years, ENB-PF-E shows a small growth in Earnings Per Share. The EPS has been growing by 4.44% on average per year.
  • ENB-PF-E shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.92%.
  • The Revenue has been growing by 10.77% on average over the past years. This is quite good.
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.83% 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 1.12% yearly.
EPS Next Y2.97%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
EPS Next 5Y5.83%
Revenue Next Year-1.15%
Revenue Next 2Y0.83%
Revenue Next 3Y0.21%
Revenue Next 5Y1.12%

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 decreasing.
ENB-PF-E.CA Yearly Revenue VS EstimatesENB-PF-E.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-E.CA Yearly EPS VS EstimatesENB-PF-E.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

  • ENB-PF-E is valuated cheaply with a Price/Earnings ratio of 7.50.
  • 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 86.79% 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 (27.05), we can say ENB-PF-E is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 7.29, the valuation of ENB-PF-E can be described as very cheap.
  • 88.68% of the companies in the same industry are more expensive than ENB-PF-E, based on the Price/Forward Earnings ratio.
  • ENB-PF-E is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.03, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.5
Fwd PE 7.29
ENB-PF-E.CA Price Earnings VS Forward Price EarningsENB-PF-E.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ENB-PF-E is valued a bit cheaper than the industry average as 69.34% of the companies are valued more expensively.
  • ENB-PF-E's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PF-E is cheaper than 73.58% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.92
EV/EBITDA 8.97
ENB-PF-E.CA Per share dataENB-PF-E.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ENB-PF-E has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.53
PEG (5Y)1.69
EPS Next 2Y5.74%
EPS Next 3Y8.03%

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 6.14%, ENB-PF-E is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.99, ENB-PF-E pays a better dividend. On top of this ENB-PF-E pays more dividend than 84.91% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, ENB-PF-E pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.14%

5.2 History

  • The dividend of ENB-PF-E has a limited annual growth rate of 2.95%.
  • ENB-PF-E has paid a dividend for at least 10 years, which is a reliable track record.
  • ENB-PF-E has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.95%
Div Incr Years0
Div Non Decr Years3
ENB-PF-E.CA Yearly Dividends per shareENB-PF-E.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

  • 122.16% of the earnings are spent on dividend by ENB-PF-E. This is not a sustainable payout ratio.
  • The dividend of ENB-PF-E is growing, but earnings are growing more, so the dividend growth is sustainable.
DP122.16%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
ENB-PF-E.CA Yearly Income VS Free CF VS DividendENB-PF-E.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B
ENB-PF-E.CA Dividend Payout.ENB-PF-E.CA Dividend Payout, showing the Payout Ratio.ENB-PF-E.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 5.395 PERP

TSX:ENB-PF-E (2/24/2026, 7:00:00 PM)

22.66

-0.04 (-0.18%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)05-07
Inst Owners55.5%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap49.44B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts72.14
Price Target24.53 (8.25%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.14%
Yearly Dividend3.96
Dividend Growth(5Y)2.95%
DP122.16%
Div Incr Years0
Div Non Decr Years3
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.59%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.62%
EPS beat(4)3
Avg EPS beat(4)4.97%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.62%
EPS beat(8)4
Avg EPS beat(8)2.41%
EPS beat(12)5
Avg EPS beat(12)1.05%
EPS beat(16)6
Avg EPS beat(16)-0.39%
Revenue beat(2)2
Avg Revenue beat(2)1.4%
Min Revenue beat(2)0.91%
Max Revenue beat(2)1.89%
Revenue beat(4)4
Avg Revenue beat(4)14.04%
Min Revenue beat(4)0.91%
Max Revenue beat(4)28.78%
Revenue beat(8)8
Avg Revenue beat(8)48.45%
Revenue beat(12)8
Avg Revenue beat(12)26.69%
Revenue beat(16)10
Avg Revenue beat(16)20.02%
PT rev (1m)-3.89%
PT rev (3m)5.91%
EPS NQ rev (1m)0.81%
EPS NQ rev (3m)-3.89%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.01%
Revenue NY rev (1m)-1.18%
Revenue NY rev (3m)6%
Valuation
Industry RankSector Rank
PE 7.5
Fwd PE 7.29
P/S 0.76
P/FCF 15.92
P/OCF 4.03
P/B 0.79
P/tB 2.14
EV/EBITDA 8.97
EPS(TTM)3.02
EY13.33%
EPS(NY)3.11
Fwd EY13.72%
FCF(TTM)1.42
FCFY6.28%
OCF(TTM)5.62
OCFY24.82%
SpS29.88
BVpS28.57
TBVpS10.57
PEG (NY)2.53
PEG (5Y)1.69
Graham Number44.06
Profitability
Industry RankSector Rank
ROA 3.24%
ROE 11.35%
ROCE 5.73%
ROIC 4.46%
ROICexc 4.49%
ROICexgc 5.6%
OM 17.37%
PM (TTM) 10.85%
GM 41.37%
FCFM 4.76%
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ROICexc(3y)4.29%
ROICexc(5y)4.2%
ROICexgc(3y)5.45%
ROICexgc(5y)5.39%
ROCE(3y)5.41%
ROCE(5y)5.33%
ROICexgc growth 3Y2.49%
ROICexgc growth 5Y0.68%
ROICexc growth 3Y3.74%
ROICexc growth 5Y1.66%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
F-Score6
Asset Turnover0.3
Health
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Debt/EBITDA 5.9
Cap/Depr 161.9%
Cap/Sales 14.06%
Interest Coverage 2.3
Cash Conversion 72.25%
Profit Quality 43.91%
Current Ratio 0.63
Quick Ratio 0.55
Altman-Z 0.48
F-Score6
WACC6.16%
ROIC/WACC0.72
Cap/Depr(3y)133.91%
Cap/Depr(5y)144.7%
Cap/Sales(3y)12.73%
Cap/Sales(5y)12.89%
Profit Quality(3y)105.27%
Profit Quality(5y)116.67%
High Growth Momentum
Growth
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
EPS Next Y2.97%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
EPS Next 5Y5.83%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%
Revenue Next Year-1.15%
Revenue Next 2Y0.83%
Revenue Next 3Y0.21%
Revenue Next 5Y1.12%
EBIT growth 1Y15.61%
EBIT growth 3Y11.21%
EBIT growth 5Y7.86%
EBIT Next Year58.19%
EBIT Next 3Y20.9%
EBIT Next 5Y13.83%
FCF growth 1Y-45.24%
FCF growth 3Y-21.46%
FCF growth 5Y-5.69%
OCF growth 1Y-2.62%
OCF growth 3Y3%
OCF growth 5Y4.64%

ENBRIDGE INC - ENBCN 5.395 PERP / ENB-PF-E.CA FAQ

What is the fundamental rating for ENB-PF-E stock?

ChartMill assigns a fundamental rating of 5 / 10 to ENB-PF-E.CA.


What is the valuation status for ENB-PF-E stock?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA). This can be considered as Undervalued.


How profitable is ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) stock?

ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) has a profitability rating of 7 / 10.


What is the financial health of ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) stock?

The financial health rating of ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) is 1 / 10.


Is the dividend of ENBRIDGE INC - ENBCN 5.395 PERP sustainable?

The dividend rating of ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) is 7 / 10 and the dividend payout ratio is 122.16%.