ENBRIDGE INC - ENBCN 6.212 PERP (ENB-PF-K.CA) Stock Fundamental Analysis
TSX:ENB-PF-K - Toronto Stock Exchange - CA29250N5192 - Currency: CAD
Overall ENB-PF-K gets a fundamental rating of 4 out of 10. We evaluated ENB-PF-K against 214 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 has a correct valuation and a medium growth rate. 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.
Each year in the past 5 years ENB-PF-K has been profitable.
ENB-PF-K had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.68%, ENB-PF-K is in line with its industry, outperforming 59.35% of the companies in the same industry.
ENB-PF-K's Return On Equity of 8.64% is fine compared to the rest of the industry. ENB-PF-K outperforms 64.49% of its industry peers.
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 61.68% of the companies in the same industry.
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 7.31%.
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
Looking at the Profit Margin, with a value of 9.67%, ENB-PF-K is in the better half of the industry, outperforming 64.49% of the companies in the same industry.
ENB-PF-K's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PF-K (17.53%) is better than 61.68% 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 55.61% of its industry peers.
ENB-PF-K's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PF-K is destroying value.
The number of shares outstanding for ENB-PF-K has been increased compared to 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
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 comparable to the rest of the industry.
ENB-PF-K has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PF-K would need 20.56 years to pay back of all of its debts.
The Debt to FCF ratio of ENB-PF-K (20.56) 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 73.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.51 |
ROIC/WACC0.54
WACC7.52%
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.
ENB-PF-K has a Current ratio of 0.73. This is comparable to the rest of the industry: ENB-PF-K outperforms 45.79% of its industry peers.
ENB-PF-K has a Quick 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.
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
ENB-PF-K shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.75%.
Measured over the past 5 years, ENB-PF-K shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
The Revenue has grown by 43.00% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.32% on average over the past years.
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
Based on estimates for the next years, ENB-PF-K will show a small growth in Earnings Per Share. The EPS will grow by 7.83% on average per year.
Based on estimates for the next years, ENB-PF-K will show a small growth in Revenue. The Revenue will grow by 6.39% on average per year.
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 8.33 indicates a reasonable valuation of ENB-PF-K.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PF-K indicates a somewhat cheap valuation: ENB-PF-K is cheaper than 72.43% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.48, ENB-PF-K is valued rather cheaply.
A Price/Forward Earnings ratio of 7.46 indicates a rather cheap valuation of ENB-PF-K.
ENB-PF-K's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENB-PF-K is cheaper than 71.50% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.52, ENB-PF-K is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.33 | ||
| Fwd PE | 7.46 |
4.2 Price Multiples
ENB-PF-K's Enterprise Value to EBITDA ratio is in line with the industry average.
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 74.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.54 | ||
| EV/EBITDA | 9.53 |
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
PEG (5Y)7.53
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-K has a Yearly Dividend Yield of 6.60%, which is a nice return.
Compared to an average industry Dividend Yield of 6.24, ENB-PF-K pays a better dividend. On top of this ENB-PF-K pays more dividend than 91.12% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, ENB-PF-K pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
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 (7/17/2025, 7:00:00 PM)
24.25
+0.01 (+0.04%)
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 Cap52.87B
Analysts72.14
Price Target26.16 (7.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
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)3.69%
PT rev (3m)5.78%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-12.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.33 | ||
| Fwd PE | 7.46 | ||
| P/S | 0.87 | ||
| P/FCF | 10.54 | ||
| P/OCF | 4.23 | ||
| P/B | 0.77 | ||
| P/tB | 1.95 | ||
| EV/EBITDA | 9.53 |
EPS(TTM)2.91
EY12%
EPS(NY)3.25
Fwd EY13.4%
FCF(TTM)2.3
FCFY9.49%
OCF(TTM)5.73
OCFY23.64%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)1
PEG (5Y)7.53
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
WACC7.52%
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 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%