ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Fundamental Analysis
TSX:ENB-PF-U - Toronto Stock Exchange - CA29250N7909 - Currency: USD
Overall ENB-PF-U gets a fundamental rating of 5 out of 10. We evaluated ENB-PF-U against 212 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-U is still in line with the averages on profitability rating, there are concerns on its financial health. ENB-PF-U may be a bit undervalued, certainly considering the very reasonable score on growth 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
The Return On Assets of ENB-PF-U (2.68%) is comparable to the rest of the industry.
ENB-PF-U has a better Return On Equity (8.64%) than 65.57% of its industry peers.
ENB-PF-U has a Return On Invested Capital of 4.07%. This is in the better half of the industry: ENB-PF-U outperforms 62.74% of its industry peers.
ENB-PF-U 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-U 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
With a decent Profit Margin value of 9.67%, ENB-PF-U is doing good in the industry, outperforming 65.57% of the companies in the same industry.
ENB-PF-U's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 17.53%, ENB-PF-U is doing good in the industry, outperforming 63.21% 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 57.08% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PF-U is destroying value.
Compared to 1 year ago, ENB-PF-U has more shares outstanding
Compared to 5 years ago, ENB-PF-U has more shares outstanding
ENB-PF-U has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.50, we must say that ENB-PF-U is in the distress zone and has some risk of bankruptcy.
ENB-PF-U has a Altman-Z score (0.50) which is in line with its industry peers.
ENB-PF-U has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PF-U would need 20.56 years to pay back of all of its debts.
ENB-PF-U has a Debt to FCF ratio of 20.56. This is comparable to the rest of the industry: ENB-PF-U outperforms 58.96% of 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 Debt to Equity ratio of 1.44. This is in the lower half of the industry: ENB-PF-U underperforms 71.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC7.52%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PF-U may have some problems paying its short term obligations.
ENB-PF-U has a Current ratio (0.73) which 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.
The Quick ratio of ENB-PF-U (0.66) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
ENB-PF-U shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.75%.
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-U 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
Based on estimates for the next years, ENB-PF-U will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.20% on average per year.
The Revenue is expected to grow by 0.41% on average over the next years.
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.
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
Based on the Price/Earnings ratio of 7.98, the valuation of ENB-PF-U can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PF-U indicates a somewhat cheap valuation: ENB-PF-U is cheaper than 76.89% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. ENB-PF-U is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.15, the valuation of ENB-PF-U can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PF-U is valued a bit cheaper than 75.47% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.46, ENB-PF-U is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.98 | ||
| Fwd PE | 7.15 |
4.2 Price Multiples
ENB-PF-U's Enterprise Value to EBITDA ratio is in line with the industry average.
75.94% 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 | 10.09 | ||
| EV/EBITDA | 9.38 |
4.3 Compensation for Growth
ENB-PF-U's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PF-U has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)7.21
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-U has a Yearly Dividend Yield of 6.79%, which is a nice return.
ENB-PF-U's Dividend Yield is rather good when compared to the industry average which is at 6.21. ENB-PF-U pays more dividend than 89.62% of the companies in the same industry.
ENB-PF-U's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
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 (6/24/2025, 7:00:00 PM)
23.22
+0.08 (+0.35%)
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 Cap50.62B
Analysts72.14
Price Target24.91 (7.28%)
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 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)8.31%
PT rev (3m)3.59%
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 | 7.98 | ||
| Fwd PE | 7.15 | ||
| P/S | 0.83 | ||
| P/FCF | 10.09 | ||
| P/OCF | 4.05 | ||
| P/B | 0.74 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 9.38 |
EPS(TTM)2.91
EY12.53%
EPS(NY)3.25
Fwd EY14%
FCF(TTM)2.3
FCFY9.91%
OCF(TTM)5.73
OCFY24.7%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.96
PEG (5Y)7.21
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 | 0.5 |
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 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%