ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Fundamental Analysis
TSX:ENB-PF-U - Toronto Stock Exchange - CA29250N7909 - Currency: USD
Taking everything into account, ENB-PF-U scores 5 out of 10 in our fundamental rating. ENB-PF-U was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PF-U 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-U. Finally ENB-PF-U also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PF-U was profitable.
In the past year ENB-PF-U had a positive cash flow from operations.
Each year in the past 5 years ENB-PF-U has been profitable.
In the past 5 years ENB-PF-U always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PF-U has a Return On Assets (2.68%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 8.64%, ENB-PF-U is in the better half of the industry, outperforming 64.45% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.07%, ENB-PF-U is in the better half of the industry, outperforming 62.09% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ENB-PF-U is below the industry average of 7.54%.
The 3 year average ROIC (3.99%) for ENB-PF-U 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
With a decent Profit Margin value of 9.67%, ENB-PF-U is doing good in the industry, outperforming 64.93% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB-PF-U has declined.
Looking at the Operating Margin, with a value of 17.53%, ENB-PF-U is in the better half of the industry, outperforming 62.56% of the companies in the same industry.
ENB-PF-U's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 42.37%, ENB-PF-U perfoms like the industry average, outperforming 56.40% of the companies in the same industry.
ENB-PF-U'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-U is destroying value.
ENB-PF-U has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PF-U has more shares outstanding
Compared to 1 year ago, ENB-PF-U has a worse debt to assets ratio.
2.2 Solvency
ENB-PF-U has an Altman-Z score of 0.49. This is a bad value and indicates that ENB-PF-U is not financially healthy and even has some risk of bankruptcy.
ENB-PF-U has a Altman-Z score (0.49) which is in line with its industry peers.
The Debt to FCF ratio of ENB-PF-U is 20.56, which is on the high side as it means it would take ENB-PF-U, 20.56 years of fcf income to pay off all of its debts.
ENB-PF-U 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-U has dependencies on debt financing.
ENB-PF-U has a worse Debt to Equity ratio (1.44) than 72.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.49 |
ROIC/WACC0.55
WACC7.43%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PF-U may have some problems paying its short term obligations.
The Current ratio of ENB-PF-U (0.73) is comparable to the rest of the industry.
A Quick Ratio of 0.66 indicates that ENB-PF-U may have some problems paying its short term obligations.
ENB-PF-U's Quick ratio of 0.66 is in line compared to the rest of the industry. ENB-PF-U outperforms 47.39% 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.
ENB-PF-U shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
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
ENB-PF-U is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.26% yearly.
ENB-PF-U is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.28% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.28%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PF-U is valuated cheaply with a Price/Earnings ratio of 7.85.
ENB-PF-U's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PF-U is cheaper than 75.36% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.25, ENB-PF-U is valued rather cheaply.
ENB-PF-U is valuated cheaply with a Price/Forward Earnings ratio of 7.03.
72.04% of the companies in the same industry are more expensive than ENB-PF-U, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, ENB-PF-U is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.85 | ||
| Fwd PE | 7.03 |
4.2 Price Multiples
ENB-PF-U's Enterprise Value to EBITDA ratio is in line with the industry average.
73.46% of the companies in the same industry are more expensive than ENB-PF-U, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.93 | ||
| EV/EBITDA | 9.33 |
4.3 Compensation for Growth
The 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-U may justify a higher PE ratio.
PEG (NY)0.94
PEG (5Y)7.09
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.95%, ENB-PF-U is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.76, ENB-PF-U pays a better dividend. On top of this ENB-PF-U pays more dividend than 89.10% of the companies listed in the same industry.
ENB-PF-U's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
5.2 History
The dividend of ENB-PF-U has a limited annual growth rate of 4.10%.
ENB-PF-U has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PF-U has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)4.1%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
ENB-PF-U pays out 142.15% of its income as dividend. This is not a sustainable payout ratio.
ENB-PF-U'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 5.85792 PERP
TSX:ENB-PF-U (5/30/2025, 7:00:00 PM)
22.85
+0.1 (+0.44%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap49.81B
Analysts72.14
Price Target23 (0.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years0
Div Non Decr Years9
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)0.02%
PT rev (3m)-3.63%
EPS NQ rev (1m)-11.19%
EPS NQ rev (3m)-15.32%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)-13.19%
Revenue NQ rev (3m)58.96%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)31.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.85 | ||
| Fwd PE | 7.03 | ||
| P/S | 0.82 | ||
| P/FCF | 9.93 | ||
| P/OCF | 3.98 | ||
| P/B | 0.73 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | 9.33 |
EPS(TTM)2.91
EY12.74%
EPS(NY)3.25
Fwd EY14.22%
FCF(TTM)2.3
FCFY10.07%
OCF(TTM)5.73
OCFY25.1%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.94
PEG (5Y)7.09
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 | 0.49 |
F-Score5
WACC7.43%
ROIC/WACC0.55
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 5Y8.26%
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 5Y0.28%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y16.03%
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%