ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) Stock Fundamental Analysis
TSX:ENB-PF-V - Toronto Stock Exchange - CA29250N6679 - Currency: USD
Overall ENB-PF-V gets a fundamental rating of 5 out of 10. We evaluated ENB-PF-V against 211 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PF-V is still in line with the averages on profitability rating, there are concerns on its financial health. ENB-PF-V scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ENB-PF-V also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PF-V had positive earnings in the past year.
ENB-PF-V had a positive operating cash flow in the past year.
ENB-PF-V had positive earnings in each of the past 5 years.
In the past 5 years ENB-PF-V always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PF-V has a Return On Assets of 2.68%. This is comparable to the rest of the industry: ENB-PF-V outperforms 58.77% of its industry peers.
Looking at the Return On Equity, with a value of 8.64%, ENB-PF-V is in the better half of the industry, outperforming 62.56% of the companies in the same industry.
The Return On Invested Capital of ENB-PF-V (4.07%) is better than 60.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PF-V is below the industry average of 7.23%.
The 3 year average ROIC (3.99%) for ENB-PF-V 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
The Profit Margin of ENB-PF-V (9.67%) is better than 63.98% of its industry peers.
In the last couple of years the Profit Margin of ENB-PF-V has declined.
ENB-PF-V's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PF-V outperforms 60.19% of its industry peers.
ENB-PF-V's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 42.37%, ENB-PF-V perfoms like the industry average, outperforming 54.98% of the companies in the same industry.
In the last couple of years the Gross Margin of ENB-PF-V has grown nicely.
| 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-V is destroying value.
The number of shares outstanding for ENB-PF-V has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PF-V has been increased compared to 5 years ago.
The debt/assets ratio for ENB-PF-V is higher compared to a year ago.
2.2 Solvency
ENB-PF-V has an Altman-Z score of 0.50. This is a bad value and indicates that ENB-PF-V is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.50, ENB-PF-V perfoms like the industry average, outperforming 52.61% of the companies in the same industry.
ENB-PF-V has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PF-V would need 20.56 years to pay back of all of its debts.
ENB-PF-V has a better Debt to FCF ratio (20.56) than 60.66% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PF-V has dependencies on debt financing.
The Debt to Equity ratio of ENB-PF-V (1.44) is worse than 74.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.48
WACC8.4%
2.3 Liquidity
ENB-PF-V has a Current Ratio of 0.73. This is a bad value and indicates that ENB-PF-V is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of ENB-PF-V (0.73) is comparable to the rest of the industry.
ENB-PF-V has a Quick Ratio of 0.73. This is a bad value and indicates that ENB-PF-V is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PF-V has a Quick ratio (0.66) which 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-V 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-V 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-V shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
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
The Earnings Per Share is expected to grow by 8.26% on average over the next years. This is quite good.
The Revenue is expected to grow by 0.28% on average over the next years.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.20, the valuation of ENB-PF-V can be described as reasonable.
72.04% of the companies in the same industry are more expensive than ENB-PF-V, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.25, ENB-PF-V is valued rather cheaply.
ENB-PF-V is valuated cheaply with a Price/Forward Earnings ratio of 7.34.
70.14% of the companies in the same industry are more expensive than ENB-PF-V, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, ENB-PF-V is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.2 | ||
| Fwd PE | 7.34 |
4.2 Price Multiples
ENB-PF-V'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-V indicates a somewhat cheap valuation: ENB-PF-V is cheaper than 72.99% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.37 | ||
| EV/EBITDA | 9.48 |
4.3 Compensation for Growth
ENB-PF-V's 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-V may justify a higher PE ratio.
PEG (NY)0.98
PEG (5Y)7.4
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PF-V has a Yearly Dividend Yield of 5.95%, which is a nice return.
Compared to an average industry Dividend Yield of 6.54, ENB-PF-V pays a better dividend. On top of this ENB-PF-V pays more dividend than 90.52% of the companies listed in the same industry.
ENB-PF-V's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
5.2 History
The dividend of ENB-PF-V has a limited annual growth rate of 4.10%.
ENB-PF-V has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PF-V has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years11
5.3 Sustainability
142.15% of the earnings are spent on dividend by ENB-PF-V. This is not a sustainable payout ratio.
ENB-PF-V'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 6.683 PERP
TSX:ENB-PF-V (5/30/2025, 7:00:00 PM)
23.85
-0.1 (-0.42%)
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 Cap51.99B
Analysts72.14
Price Target24.08 (0.96%)
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 Years1
Div Non Decr Years11
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)-1.92%
PT rev (3m)-5%
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 | 8.2 | ||
| Fwd PE | 7.34 | ||
| P/S | 0.85 | ||
| P/FCF | 10.37 | ||
| P/OCF | 4.16 | ||
| P/B | 0.76 | ||
| P/tB | 1.92 | ||
| EV/EBITDA | 9.48 |
EPS(TTM)2.91
EY12.2%
EPS(NY)3.25
Fwd EY13.63%
FCF(TTM)2.3
FCFY9.65%
OCF(TTM)5.73
OCFY24.05%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.98
PEG (5Y)7.4
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
WACC8.4%
ROIC/WACC0.48
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%