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ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) Stock Fundamental Analysis

Canada - TSX:ENB-PF-G - CA29250N5507

22.46 CAD
-0.02 (-0.09%)
Last: 11/5/2025, 7:00:00 PM
Fundamental Rating

5

Overall ENB-PF-G gets a fundamental rating of 5 out of 10. We evaluated ENB-PF-G against 218 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PF-G has an excellent profitability rating, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PF-G. ENB-PF-G also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

In the past year ENB-PF-G was profitable.
In the past year ENB-PF-G had a positive cash flow from operations.
In the past 5 years ENB-PF-G has always been profitable.
Each year in the past 5 years ENB-PF-G had a positive operating cash flow.
ENB-PF-G.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PF-G.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B

1.2 Ratios

ENB-PF-G has a Return On Assets of 2.94%. This is in the better half of the industry: ENB-PF-G outperforms 63.76% of its industry peers.
ENB-PF-G's Return On Equity of 9.51% is fine compared to the rest of the industry. ENB-PF-G outperforms 72.02% of its industry peers.
ENB-PF-G's Return On Invested Capital of 4.33% is fine compared to the rest of the industry. ENB-PF-G outperforms 66.97% of its industry peers.
ENB-PF-G had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.89%.
The last Return On Invested Capital (4.33%) for ENB-PF-G is above the 3 year average (3.99%), which is a sign of increasing profitability.
Industry RankSector 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%
ENB-PF-G.CA Yearly ROA, ROE, ROICENB-PF-G.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 4 6 8

1.3 Margins

ENB-PF-G has a Profit Margin of 9.65%. This is in the better half of the industry: ENB-PF-G outperforms 66.06% of its industry peers.
ENB-PF-G's Profit Margin has declined in the last couple of years.
ENB-PF-G has a Operating Margin of 17.23%. This is in the better half of the industry: ENB-PF-G outperforms 69.27% of its industry peers.
In the last couple of years the Operating Margin of ENB-PF-G has grown nicely.
ENB-PF-G's Gross Margin of 40.92% is fine compared to the rest of the industry. ENB-PF-G outperforms 61.47% of its industry peers.
ENB-PF-G's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
ENB-PF-G.CA Yearly Profit, Operating, Gross MarginsENB-PF-G.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

2

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PF-G is destroying value.
The number of shares outstanding for ENB-PF-G has been increased compared to 1 year ago.
ENB-PF-G has more shares outstanding than it did 5 years ago.
ENB-PF-G has a worse debt/assets ratio than last year.
ENB-PF-G.CA Yearly Shares OutstandingENB-PF-G.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
ENB-PF-G.CA Yearly Total Debt VS Total AssetsENB-PF-G.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

Based on the Altman-Z score of 0.54, we must say that ENB-PF-G is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ENB-PF-G (0.54) is comparable to the rest of the industry.
ENB-PF-G has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PF-G would need 20.73 years to pay back of all of its debts.
ENB-PF-G has a Debt to FCF ratio of 20.73. This is in the better half of the industry: ENB-PF-G outperforms 66.97% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PF-G has dependencies on debt financing.
The Debt to Equity ratio of ENB-PF-G (1.50) is worse than 66.06% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.5
Debt/FCF 20.73
Altman-Z 0.54
ROIC/WACC0.63
WACC6.92%
ENB-PF-G.CA Yearly LT Debt VS Equity VS FCFENB-PF-G.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

ENB-PF-G has a Current Ratio of 0.75. This is a bad value and indicates that ENB-PF-G is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.75, ENB-PF-G is in line with its industry, outperforming 43.58% of the companies in the same industry.
ENB-PF-G has a Quick Ratio of 0.75. This is a bad value and indicates that ENB-PF-G is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PF-G has a Quick ratio (0.65) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.75
Quick Ratio 0.65
ENB-PF-G.CA Yearly Current Assets VS Current LiabilitesENB-PF-G.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 7.97% over the past year.
Measured over the past 5 years, ENB-PF-G shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
ENB-PF-G shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.17%.
The Revenue has been growing slightly by 1.32% on average over the past years.
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

ENB-PF-G is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.85% yearly.
The Revenue is expected to grow by 6.68% on average over the next years.
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.
ENB-PF-G.CA Yearly Revenue VS EstimatesENB-PF-G.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
ENB-PF-G.CA Yearly EPS VS EstimatesENB-PF-G.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4 5

8

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 7.54 indicates a rather cheap valuation of ENB-PF-G.
83.94% of the companies in the same industry are more expensive than ENB-PF-G, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.13. ENB-PF-G is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 6.93, the valuation of ENB-PF-G can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PF-G indicates a rather cheap valuation: ENB-PF-G is cheaper than 82.11% of the companies listed in the same industry.
ENB-PF-G's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.35.
Industry RankSector Rank
PE 7.54
Fwd PE 6.93
ENB-PF-G.CA Price Earnings VS Forward Price EarningsENB-PF-G.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

62.39% of the companies in the same industry are more expensive than ENB-PF-G, based on the Enterprise Value to EBITDA ratio.
ENB-PF-G's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ENB-PF-G is cheaper than 80.73% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.05
EV/EBITDA 8.91
ENB-PF-G.CA Per share dataENB-PF-G.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

ENB-PF-G's 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-G may justify a higher PE ratio.
PEG (NY)0.9
PEG (5Y)6.81
EPS Next 2Y7.57%
EPS Next 3Y7.73%

7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.74%, ENB-PF-G is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.34, ENB-PF-G pays a better dividend. On top of this ENB-PF-G pays more dividend than 87.16% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, ENB-PF-G pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.74%

5.2 History

The dividend of ENB-PF-G has a limited annual growth rate of 4.10%.
ENB-PF-G has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PF-G has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.1%
Div Incr Years0
Div Non Decr Years3
ENB-PF-G.CA Yearly Dividends per shareENB-PF-G.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

ENB-PF-G pays out 136.55% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PF-G is growing, but earnings are growing more, so the dividend growth is sustainable.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
ENB-PF-G.CA Yearly Income VS Free CF VS DividendENB-PF-G.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B
ENB-PF-G.CA Dividend Payout.ENB-PF-G.CA Dividend Payout, showing the Payout Ratio.ENB-PF-G.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 5.561 PERP

TSX:ENB-PF-G (11/5/2025, 7:00:00 PM)

22.46

-0.02 (-0.09%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)08-01 2025-08-01/bmo
Earnings (Next)11-07 2025-11-07/bmo
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap48.98B
Revenue(TTM)64.48B
Net Income(TTM)6.22B
Analysts72.86
Price Target23.41 (4.23%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.74%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years3
Ex-Date08-15 2025-08-15 (0.18644)
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)6.56%
PT rev (3m)3.14%
EPS NQ rev (1m)-5.05%
EPS NQ rev (3m)-1.75%
EPS NY rev (1m)0%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)10.85%
Valuation
Industry RankSector Rank
PE 7.54
Fwd PE 6.93
P/S 0.76
P/FCF 10.05
P/OCF 3.79
P/B 0.75
P/tB 1.88
EV/EBITDA 8.91
EPS(TTM)2.98
EY13.27%
EPS(NY)3.24
Fwd EY14.42%
FCF(TTM)2.24
FCFY9.95%
OCF(TTM)5.93
OCFY26.39%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.9
PEG (5Y)6.81
Graham Number44.86
Profitability
Industry RankSector 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%
ROICexgc growth 3Y-2.31%
ROICexgc 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 RankSector 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 0.54
F-Score5
WACC6.92%
ROIC/WACC0.63
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%

ENBRIDGE INC - ENBCN 5.561 PERP / ENB-PF-G.CA FAQ

What is the ChartMill fundamental rating of ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) stock?

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


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

ChartMill assigns a valuation rating of 8 / 10 to ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA). This can be considered as Undervalued.


How profitable is ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) stock?

ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) has a profitability rating of 7 / 10.


How financially healthy is ENBRIDGE INC - ENBCN 5.561 PERP?

The financial health rating of ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) is 2 / 10.


What is the earnings growth outlook for ENBRIDGE INC - ENBCN 5.561 PERP?

The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) is expected to grow by 8.35% in the next year.