ENBRIDGE INC - ENBCN 6.212 PERP (ENB-PF-K.CA) Stock Fundamental Analysis
TSX:ENB-PF-K - CA29250N5192
24.9 CAD
-0.1 (-0.4%)
ENB-PF-K gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 218 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PF-K has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENB-PF-K is not valued too expensively and it also shows a decent growth rate. Finally ENB-PF-K also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PF-K was profitable.
ENB-PF-K had a positive operating cash flow in the past year.
In the past 5 years ENB-PF-K has always been profitable.
In the past 5 years ENB-PF-K always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.94%, ENB-PF-K is in line with its industry, outperforming 59.17% of the companies in the same industry.
The Return On Equity of ENB-PF-K (9.51%) is better than 67.43% of its industry peers.
ENB-PF-K has a Return On Invested Capital of 4.33%. This is in the better half of the industry: ENB-PF-K outperforms 62.84% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PF-K is below the industry average of 6.94%.
The last Return On Invested Capital (4.33%) for ENB-PF-K is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
Looking at the Profit Margin, with a value of 9.65%, ENB-PF-K is in the better half of the industry, outperforming 61.93% of the companies in the same industry.
ENB-PF-K's Profit Margin has declined in the last couple of years.
ENB-PF-K has a Operating Margin of 17.23%. This is in the better half of the industry: ENB-PF-K outperforms 63.76% of its industry peers.
ENB-PF-K's Operating Margin has improved in the last couple of years.
ENB-PF-K has a Gross Margin of 40.92%. This is comparable to the rest of the industry: ENB-PF-K outperforms 56.42% of its industry peers.
ENB-PF-K's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PF-K is destroying value.
ENB-PF-K has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PF-K has more shares outstanding
ENB-PF-K has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.56, we must say that ENB-PF-K is in the distress zone and has some risk of bankruptcy.
ENB-PF-K's Altman-Z score of 0.56 is in line compared to the rest of the industry. ENB-PF-K outperforms 51.83% of its industry peers.
ENB-PF-K has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PF-K would need 20.73 years to pay back of all of its debts.
ENB-PF-K has a better Debt to FCF ratio (20.73) than 61.01% of its industry peers.
ENB-PF-K has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
ENB-PF-K's Debt to Equity ratio of 1.50 is on the low side compared to the rest of the industry. ENB-PF-K is outperformed by 72.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.58
WACC7.41%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PF-K may have some problems paying its short term obligations.
ENB-PF-K has a Current ratio of 0.75. This is in the lower half of the industry: ENB-PF-K underperforms 61.01% of its industry peers.
ENB-PF-K has a Quick Ratio of 0.75. This is a bad value and indicates that ENB-PF-K is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PF-K has a Quick ratio (0.65) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
ENB-PF-K shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.97%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
ENB-PF-K shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.17%.
Measured over the past years, ENB-PF-K shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
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
The Earnings Per Share is expected to grow by 7.56% on average over the next years.
ENB-PF-K is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.39% yearly.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
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
ENB-PF-K is valuated reasonably with a Price/Earnings ratio of 8.36.
Based on the Price/Earnings ratio, ENB-PF-K is valued a bit cheaper than 74.31% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.02. ENB-PF-K is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.78, the valuation of ENB-PF-K can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PF-K indicates a somewhat cheap valuation: ENB-PF-K is cheaper than 74.31% of the companies listed in the same industry.
ENB-PF-K's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.66.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 7.78 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PF-K.
ENB-PF-K's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PF-K is cheaper than 74.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.14 | ||
| EV/EBITDA | 9.24 |
4.3 Compensation for Growth
ENB-PF-K's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ENB-PF-K may justify a higher PE ratio.
PEG (NY)1.07
PEG (5Y)7.55
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.66%, ENB-PF-K is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.89, ENB-PF-K pays a better dividend. On top of this ENB-PF-K pays more dividend than 90.83% of the companies listed in the same industry.
ENB-PF-K's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
5.2 History
The dividend of ENB-PF-K has a limited annual growth rate of 4.10%.
ENB-PF-K has been paying a dividend for over 5 years, so it has already some track record.
As ENB-PF-K did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)4.1%
Div Incr Years2
Div Non Decr Years6
5.3 Sustainability
ENB-PF-K pays out 136.55% of its income as dividend. This is not a sustainable payout ratio.
ENB-PF-K's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 6.212 PERP
TSX:ENB-PF-K (9/8/2025, 7:00:00 PM)
24.9
-0.1 (-0.4%)
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 Cap54.29B
Analysts72.86
Price Target25.43 (2.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years2
Div Non Decr Years6
Ex-Date
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)-2.67%
PT rev (3m)0.79%
EPS NQ rev (1m)3.66%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 7.78 | ||
| P/S | 0.84 | ||
| P/FCF | 11.14 | ||
| P/OCF | 4.2 | ||
| P/B | 0.83 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 9.24 |
EPS(TTM)2.98
EY11.97%
EPS(NY)3.2
Fwd EY12.85%
FCF(TTM)2.24
FCFY8.98%
OCF(TTM)5.93
OCFY23.81%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1.07
PEG (5Y)7.55
Profitability
| Industry Rank | Sector 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%
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 Turnover0.3
Health
| Industry Rank | Sector 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 | 0.56 |
F-Score5
WACC7.41%
ROIC/WACC0.58
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 Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
Revenue Next 5Y6.39%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.81%
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%