ENBRIDGE INC - ENBCN 6.212 PERP (ENB-PF-K.CA) Stock Fundamental Analysis
TSX:ENB-PF-K - Toronto Stock Exchange - CA29250N5192 - Currency: CAD
ENB-PF-K gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 212 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PF-K while its profitability can be described as average. ENB-PF-K has a decent growth rate and is not valued too expensively. ENB-PF-K also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PF-K was profitable.
In the past year ENB-PF-K had a positive cash flow from operations.
ENB-PF-K had positive earnings in each of the past 5 years.
ENB-PF-K had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.68%, ENB-PF-K perfoms like the industry average, outperforming 57.55% of the companies in the same industry.
With a decent Return On Equity value of 8.64%, ENB-PF-K is doing good in the industry, outperforming 63.21% of the companies in the same industry.
ENB-PF-K's Return On Invested Capital of 4.07% is fine compared to the rest of the industry. ENB-PF-K outperforms 60.38% of its industry peers.
ENB-PF-K had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.33%.
The last Return On Invested Capital (4.07%) for ENB-PF-K is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| 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-K's Profit Margin of 9.67% is fine compared to the rest of the industry. ENB-PF-K outperforms 63.21% of its industry peers.
ENB-PF-K's Profit Margin has declined in the last couple of years.
ENB-PF-K has a better Operating Margin (17.53%) than 60.85% of its industry peers.
In the last couple of years the Operating Margin of ENB-PF-K has grown nicely.
ENB-PF-K's Gross Margin of 42.37% is in line compared to the rest of the industry. ENB-PF-K outperforms 54.72% of its industry peers.
In the last couple of years the Gross Margin of ENB-PF-K 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
ENB-PF-K 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-K has more shares outstanding
The number of shares outstanding for ENB-PF-K has been increased compared to 5 years ago.
Compared to 1 year ago, ENB-PF-K has a worse debt to assets ratio.
2.2 Solvency
ENB-PF-K has an Altman-Z score of 0.51. This is a bad value and indicates that ENB-PF-K is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ENB-PF-K (0.51) is comparable to the rest of the industry.
The Debt to FCF ratio of ENB-PF-K is 20.56, which is on the high side as it means it would take ENB-PF-K, 20.56 years of fcf income to pay off all of its debts.
ENB-PF-K has a Debt to FCF ratio (20.56) which is comparable to the rest of the industry.
ENB-PF-K has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ENB-PF-K (1.44) is worse than 74.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.51 |
ROIC/WACC0.54
WACC7.5%
2.3 Liquidity
ENB-PF-K has a Current Ratio of 0.73. 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.
With a Current ratio value of 0.73, ENB-PF-K perfoms like the industry average, outperforming 45.75% of the companies in the same industry.
A Quick Ratio of 0.66 indicates that ENB-PF-K may have some problems paying its short term obligations.
ENB-PF-K's Quick ratio of 0.66 is in line compared to the rest of the industry. ENB-PF-K outperforms 44.81% 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 been growing slightly by 1.75% over the past year.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
The Revenue has grown by 43.00% in the past year. This is a very strong growth!
ENB-PF-K 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-K is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.20% yearly.
ENB-PF-K is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.41% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.2%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.41%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.35, which indicates a very decent valuation of ENB-PF-K.
Based on the Price/Earnings ratio, ENB-PF-K is valued a bit cheaper than 70.75% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.92, ENB-PF-K is valued rather cheaply.
A Price/Forward Earnings ratio of 7.48 indicates a rather cheap valuation of ENB-PF-K.
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 69.34% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.46. ENB-PF-K is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.35 | ||
| Fwd PE | 7.48 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PF-K is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PF-K indicates a somewhat cheap valuation: ENB-PF-K is cheaper than 73.58% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.56 | ||
| EV/EBITDA | 9.53 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ENB-PF-K has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1
PEG (5Y)7.54
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-K has a Yearly Dividend Yield of 6.79%, which is a nice return.
ENB-PF-K's Dividend Yield is rather good when compared to the industry average which is at 6.21. ENB-PF-K pays more dividend than 91.98% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ENB-PF-K pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
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 142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 6.212 PERP
TSX:ENB-PF-K (6/24/2025, 7:00:00 PM)
24.3
+0.05 (+0.21%)
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 Cap52.97B
Analysts72.14
Price Target26.16 (7.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years2
Div Non Decr Years6
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)4.47%
PT rev (3m)4.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.35 | ||
| Fwd PE | 7.48 | ||
| P/S | 0.87 | ||
| P/FCF | 10.56 | ||
| P/OCF | 4.24 | ||
| P/B | 0.78 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 9.53 |
EPS(TTM)2.91
EY11.98%
EPS(NY)3.25
Fwd EY13.37%
FCF(TTM)2.3
FCFY9.47%
OCF(TTM)5.73
OCFY23.6%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)1
PEG (5Y)7.54
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 | 0.51 |
F-Score5
WACC7.5%
ROIC/WACC0.54
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 5Y8.2%
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 5Y0.41%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y16.19%
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%