ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Fundamental Analysis
TSX:ENB-PF-U - Toronto Stock Exchange - CA29250N7909 - Currency: USD
ENB-PF-U gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-U has a great profitability rating, there are quite some concerns on its financial health. ENB-PF-U is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PF-U also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PF-U had positive earnings in the past year.
ENB-PF-U had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PF-U has been profitable.
Each year in the past 5 years ENB-PF-U had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.68%, ENB-PF-U is doing good in the industry, outperforming 60.28% of the companies in the same industry.
ENB-PF-U has a better Return On Equity (8.64%) than 65.89% of its industry peers.
ENB-PF-U has a better Return On Invested Capital (4.07%) than 63.55% 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 7.26%.
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
The Profit Margin of ENB-PF-U (9.67%) is better than 65.42% of its industry peers.
ENB-PF-U's Profit Margin has declined in the last couple of years.
ENB-PF-U has a better Operating Margin (17.53%) than 64.02% of its industry peers.
In the last couple of years the Operating Margin of ENB-PF-U has grown nicely.
The Gross Margin of ENB-PF-U (42.37%) is comparable to the rest of the 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.
The number of shares outstanding for ENB-PF-U has been increased compared to 1 year ago.
ENB-PF-U has more shares outstanding than it did 5 years ago.
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.
The Altman-Z score of ENB-PF-U (0.50) is comparable to the rest of the industry.
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.
Looking at the Debt to FCF ratio, with a value of 20.56, ENB-PF-U is in line with its industry, outperforming 59.81% of the companies in the same industry.
ENB-PF-U has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
ENB-PF-U's Debt to Equity ratio of 1.44 is on the low side compared to the rest of the industry. ENB-PF-U is outperformed by 70.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC7.5%
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's Current ratio of 0.73 is in line compared to the rest of the industry. ENB-PF-U outperforms 47.66% of its industry peers.
ENB-PF-U has a Quick Ratio of 0.73. This is a bad value and indicates that ENB-PF-U is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.66, ENB-PF-U is in line with its industry, outperforming 47.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.04% 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 22.51% 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)8.04%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.42%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.57%
3.2 Future
ENB-PF-U is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.83% yearly.
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 Year22.46%
Revenue Next 2Y11.61%
Revenue Next 3Y9.09%
Revenue Next 5Y6.39%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.93, 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 78.50% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.48. ENB-PF-U is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.27, which indicates a rather cheap valuation of ENB-PF-U.
Based on the Price/Forward Earnings ratio, ENB-PF-U is valued a bit cheaper than the industry average as 75.23% of the companies are valued more expensively.
ENB-PF-U is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.93 | ||
| Fwd PE | 7.27 |
4.2 Price Multiples
ENB-PF-U's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ENB-PF-U is valued a bit cheaper than the industry average as 77.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.27 | ||
| EV/EBITDA | 9.42 |
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)0.95
PEG (5Y)7.16
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-U has a Yearly Dividend Yield of 5.08%, which is a nice return.
Compared to an average industry Dividend Yield of 5.75, ENB-PF-U pays a better dividend. On top of this ENB-PF-U pays more dividend than 82.24% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, ENB-PF-U pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
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.
The dividend of ENB-PF-U 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 5.85792 PERP
TSX:ENB-PF-U (8/8/2025, 7:00:00 PM)
23.63
+0.12 (+0.51%)
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 Cap51.52B
Analysts72.14
Price Target25.43 (7.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
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)2.09%
PT rev (3m)10.59%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)-11.46%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)6.52%
Revenue NY rev (3m)6.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.93 | ||
| Fwd PE | 7.27 | ||
| P/S | 0.85 | ||
| P/FCF | 10.27 | ||
| P/OCF | 4.12 | ||
| P/B | 0.75 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 9.42 |
EPS(TTM)2.98
EY12.61%
EPS(NY)3.25
Fwd EY13.75%
FCF(TTM)2.3
FCFY9.74%
OCF(TTM)5.73
OCFY24.26%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.95
PEG (5Y)7.16
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
WACC7.5%
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)8.04%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.42%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.57%
Revenue Next Year22.46%
Revenue Next 2Y11.61%
Revenue Next 3Y9.09%
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%