ENBRIDGE INC - ENBCN 6.212 PERP (ENB-PF-K.CA) Stock Fundamental Analysis
TSX:ENB-PF-K - Toronto Stock Exchange - CA29250N5192 - Currency: CAD
Taking everything into account, ENB-PF-K scores 5 out of 10 in our fundamental rating. ENB-PF-K was compared to 210 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PF-K.
1. Profitability
1.1 Basic Checks
ENB-PF-K had positive earnings in the past year.
ENB-PF-K had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PF-K has been profitable.
In the past 5 years ENB-PF-K always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ENB-PF-K (2.68%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 8.64%, ENB-PF-K is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.07%, ENB-PF-K is in the better half of the industry, outperforming 60.95% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ENB-PF-K is below the industry average of 7.31%.
The 3 year average ROIC (3.99%) for ENB-PF-K is below the current ROIC(4.07%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 9.67%, ENB-PF-K is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB-PF-K has declined.
ENB-PF-K's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PF-K outperforms 61.43% 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 (42.37%) which is comparable to the rest of the industry.
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.
The number of shares outstanding for ENB-PF-K has been increased compared to 1 year ago.
ENB-PF-K has more shares outstanding than it did 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.
ENB-PF-K has a Altman-Z score (0.51) which is in line with its industry peers.
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 in line with its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PF-K has dependencies on debt financing.
With a Debt to Equity ratio value of 1.44, ENB-PF-K is not doing good in the industry: 73.81% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.51 |
ROIC/WACC0.53
WACC7.66%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PF-K may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.73, ENB-PF-K is in line with its industry, outperforming 44.29% 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 has a Quick ratio (0.66) which is in line with 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.
ENB-PF-K shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
Looking at the last year, ENB-PF-K shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
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
The Earnings Per Share is expected to grow by 7.83% on average over the next years.
The Revenue is expected to grow by 6.39% on average over the next years.
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
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.32 indicates a reasonable valuation of ENB-PF-K.
ENB-PF-K's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PF-K is cheaper than 72.38% of the companies in the same industry.
ENB-PF-K's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.91.
A Price/Forward Earnings ratio of 7.45 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 72.38% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 37.11. ENB-PF-K is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.32 | ||
| Fwd PE | 7.45 |
4.2 Price Multiples
ENB-PF-K's Enterprise Value to EBITDA ratio is in line with the industry average.
74.76% of the companies in the same industry are more expensive than ENB-PF-K, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.52 | ||
| EV/EBITDA | 9.52 |
4.3 Compensation for Growth
ENB-PF-K'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-K may justify a higher PE ratio.
PEG (NY)1
PEG (5Y)7.51
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.46%, ENB-PF-K is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.32, ENB-PF-K pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, ENB-PF-K pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
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
142.15% of the earnings are spent on dividend by ENB-PF-K. This is not a sustainable payout ratio.
The dividend of ENB-PF-K is growing, but earnings are growing more, so the dividend growth is sustainable.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 6.212 PERP
TSX:ENB-PF-K (7/29/2025, 7:00:00 PM)
24.2
-0.02 (-0.08%)
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 Cap52.77B
Analysts72.14
Price Target26.13 (7.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
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)-0.14%
PT rev (3m)5.63%
EPS NQ rev (1m)-0.53%
EPS NQ rev (3m)-11.66%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.32 | ||
| Fwd PE | 7.45 | ||
| P/S | 0.87 | ||
| P/FCF | 10.52 | ||
| P/OCF | 4.22 | ||
| P/B | 0.77 | ||
| P/tB | 1.94 | ||
| EV/EBITDA | 9.52 |
EPS(TTM)2.91
EY12.02%
EPS(NY)3.25
Fwd EY13.43%
FCF(TTM)2.3
FCFY9.51%
OCF(TTM)5.73
OCFY23.69%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)1
PEG (5Y)7.51
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
WACC7.66%
ROIC/WACC0.53
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%