ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Fundamental Analysis
TSX:ENB-PF-U - CA29250N7909
24.02 USD
+0.11 (+0.46%)
Overall ENB-PF-U gets a fundamental rating of 5 out of 10. We evaluated ENB-PF-U against 215 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-U belongs to the best of the industry regarding profitability, there are concerns on its financial health. ENB-PF-U has a correct valuation and a medium growth rate. 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.
ENB-PF-U had a positive operating cash flow in the past year.
In the past 5 years ENB-PF-U has always 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 (2.94%) is better than 61.40% of its industry peers.
Looking at the Return On Equity, with a value of 9.51%, ENB-PF-U is in the better half of the industry, outperforming 69.30% of the companies in the same industry.
ENB-PF-U's Return On Invested Capital of 4.33% is fine compared to the rest of the industry. ENB-PF-U outperforms 65.12% 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 6.99%.
The 3 year average ROIC (3.99%) for ENB-PF-U is below the current ROIC(4.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROIC | 4.33% |
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
ENB-PF-U's Profit Margin of 9.65% is fine compared to the rest of the industry. ENB-PF-U outperforms 63.26% of its industry peers.
In the last couple of years the Profit Margin of ENB-PF-U has declined.
ENB-PF-U's Operating Margin of 17.23% is fine compared to the rest of the industry. ENB-PF-U outperforms 65.58% of its industry peers.
ENB-PF-U's Operating Margin has improved in the last couple of years.
ENB-PF-U has a Gross Margin (40.92%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ENB-PF-U has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% |
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
The debt/assets ratio for ENB-PF-U is higher compared to a year ago.
2.2 Solvency
ENB-PF-U has an Altman-Z score of 0.55. This is a bad value and indicates that ENB-PF-U is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ENB-PF-U (0.55) is comparable to the rest of the industry.
ENB-PF-U has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PF-U would need 20.73 years to pay back of all of its debts.
The Debt to FCF ratio of ENB-PF-U (20.73) is better than 63.26% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PF-U has dependencies on debt financing.
The Debt to Equity ratio of ENB-PF-U (1.50) is worse than 71.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.55 |
ROIC/WACC0.58
WACC7.52%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PF-U may have some problems paying its short term obligations.
ENB-PF-U has a Current ratio (0.75) which is in line with its industry peers.
ENB-PF-U has a Quick Ratio of 0.75. 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.
ENB-PF-U has a Quick ratio (0.65) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
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 7.97%.
Measured over the past 5 years, ENB-PF-U shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
Looking at the last year, ENB-PF-U shows a very strong growth in Revenue. The Revenue has grown by 48.17%.
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
3.2 Future
Based on estimates for the next years, ENB-PF-U will show a small growth in Earnings Per Share. The EPS will grow by 7.64% on average per year.
The Revenue is expected to grow by 6.47% on average over the next years.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.64%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
Revenue Next 5Y6.47%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.06, the valuation of ENB-PF-U can be described as very reasonable.
ENB-PF-U's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PF-U is cheaper than 78.14% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.06, ENB-PF-U is valued rather cheaply.
A Price/Forward Earnings ratio of 7.51 indicates a rather cheap valuation of ENB-PF-U.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PF-U indicates a somewhat cheap valuation: ENB-PF-U is cheaper than 77.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, ENB-PF-U is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 7.51 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PF-U.
Based on the Price/Free Cash Flow ratio, ENB-PF-U is valued a bit cheaper than 76.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.74 | ||
| EV/EBITDA | 9.11 |
4.3 Compensation for Growth
ENB-PF-U'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-U may justify a higher PE ratio.
PEG (NY)1.03
PEG (5Y)7.28
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PF-U has a Yearly Dividend Yield of 5.73%, which is a nice return.
ENB-PF-U's Dividend Yield is rather good when compared to the industry average which is at 6.00. ENB-PF-U pays more dividend than 89.77% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, ENB-PF-U pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.73% |
5.2 History
The dividend of ENB-PF-U has a limited annual growth rate of 4.10%.
ENB-PF-U has paid a dividend for at least 10 years, which is a reliable track record.
As ENB-PF-U did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)4.1%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
ENB-PF-U pays out 136.55% 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.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (9/4/2025, 7:00:00 PM)
24.02
+0.11 (+0.46%)
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 Cap52.38B
Analysts73.57
Price Target23.98 (-0.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.73% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.35%
Min EPS beat(2)6.39%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)4.02%
Min EPS beat(4)-1.96%
Max EPS beat(4)12.31%
EPS beat(8)4
Avg EPS beat(8)1.69%
EPS beat(12)5
Avg EPS beat(12)0.01%
EPS beat(16)6
Avg EPS beat(16)-0.97%
Revenue beat(2)2
Avg Revenue beat(2)26.68%
Min Revenue beat(2)24.58%
Max Revenue beat(2)28.78%
Revenue beat(4)4
Avg Revenue beat(4)69.92%
Min Revenue beat(4)24.58%
Max Revenue beat(4)117.73%
Revenue beat(8)6
Avg Revenue beat(8)44.36%
Revenue beat(12)6
Avg Revenue beat(12)25.15%
Revenue beat(16)10
Avg Revenue beat(16)21.32%
PT rev (1m)-5.69%
PT rev (3m)4.27%
EPS NQ rev (1m)3.22%
EPS NQ rev (3m)-13.7%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)20.39%
Revenue NQ rev (3m)133.19%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 7.51 | ||
| P/S | 0.81 | ||
| P/FCF | 10.74 | ||
| P/OCF | 4.05 | ||
| P/B | 0.8 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 9.11 |
EPS(TTM)2.98
EY12.41%
EPS(NY)3.2
Fwd EY13.32%
FCF(TTM)2.24
FCFY9.31%
OCF(TTM)5.93
OCFY24.68%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1.03
PEG (5Y)7.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROCE | 5.65% | ||
| ROIC | 4.33% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 5.45% | ||
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% | ||
| FCFM | 7.56% |
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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Debt/EBITDA | 5.89 | ||
| Cap/Depr | 146.38% | ||
| Cap/Sales | 12.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.83% | ||
| Profit Quality | 78.33% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 0.55 |
F-Score5
WACC7.52%
ROIC/WACC0.58
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.64%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
Revenue Next 5Y6.47%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.9%
FCF growth 1Y-40.09%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-1.04%
OCF growth 3Y10.83%
OCF growth 5Y6.04%