ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Fundamental Analysis
TSX:ENB-PR-A - Toronto Stock Exchange - CA29250N2041 - Currency: CAD
We assign a fundamental rating of 5 out of 10 to ENB-PR-A. ENB-PR-A was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-A is still in line with the averages on profitability rating, there are concerns on its financial health. ENB-PR-A scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ENB-PR-A also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-A was profitable.
In the past year ENB-PR-A had a positive cash flow from operations.
In the past 5 years ENB-PR-A has always been profitable.
In the past 5 years ENB-PR-A always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PR-A's Return On Assets of 2.68% is in line compared to the rest of the industry. ENB-PR-A outperforms 59.42% of its industry peers.
The Return On Equity of ENB-PR-A (8.64%) is better than 64.73% of its industry peers.
ENB-PR-A has a Return On Invested Capital of 4.07%. This is in the better half of the industry: ENB-PR-A outperforms 61.84% of its industry peers.
ENB-PR-A had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.44%.
The 3 year average ROIC (3.99%) for ENB-PR-A 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-PR-A (9.67%) is better than 65.22% of its industry peers.
ENB-PR-A's Profit Margin has declined in the last couple of years.
ENB-PR-A's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PR-A outperforms 62.32% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-A has grown nicely.
ENB-PR-A has a Gross Margin of 42.37%. This is comparable to the rest of the industry: ENB-PR-A outperforms 57.00% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-A 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PR-A is destroying value.
The number of shares outstanding for ENB-PR-A has been increased compared to 1 year ago.
ENB-PR-A has more shares outstanding than it did 5 years ago.
ENB-PR-A has a worse debt/assets ratio than last year.
2.2 Solvency
ENB-PR-A has an Altman-Z score of 0.50. This is a bad value and indicates that ENB-PR-A is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.50, ENB-PR-A is in line with its industry, outperforming 48.79% of the companies in the same industry.
ENB-PR-A has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-A would need 20.56 years to pay back of all of its debts.
ENB-PR-A's Debt to FCF ratio of 20.56 is fine compared to the rest of the industry. ENB-PR-A outperforms 60.39% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PR-A has dependencies on debt financing.
With a Debt to Equity ratio value of 1.44, ENB-PR-A is not doing good in the industry: 71.98% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC7.6%
2.3 Liquidity
ENB-PR-A has a Current Ratio of 0.73. This is a bad value and indicates that ENB-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of ENB-PR-A (0.73) is comparable to the rest of the industry.
ENB-PR-A has a Quick Ratio of 0.73. This is a bad value and indicates that ENB-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-A has a Quick ratio of 0.66. This is comparable to the rest of the industry: ENB-PR-A outperforms 47.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
ENB-PR-A 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-PR-A 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-PR-A shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
ENB-PR-A 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
The Earnings Per Share is expected to grow by 7.83% on average over the next years.
Based on estimates for the next years, ENB-PR-A will show a small growth in Revenue. The Revenue will grow by 6.39% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y6.39%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 8.21, which indicates a very decent valuation of ENB-PR-A.
Based on the Price/Earnings ratio, ENB-PR-A is valued a bit cheaper than 75.85% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.54. ENB-PR-A is valued rather cheaply when compared to this.
ENB-PR-A is valuated cheaply with a Price/Forward Earnings ratio of 7.35.
Based on the Price/Forward Earnings ratio, ENB-PR-A is valued a bit cheaper than the industry average as 74.40% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.44, ENB-PR-A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 7.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-A is on the same level as its industry peers.
ENB-PR-A's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-A is cheaper than 75.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.39 | ||
| EV/EBITDA | 9.48 |
4.3 Compensation for Growth
ENB-PR-A'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-PR-A may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)7.42
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.71%, ENB-PR-A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.83, ENB-PR-A pays a better dividend. On top of this ENB-PR-A pays more dividend than 84.06% of the companies listed in the same industry.
ENB-PR-A's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.71% |
5.2 History
The dividend of ENB-PR-A has a limited annual growth rate of 4.10%.
ENB-PR-A has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-A has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.1%
Div Incr Years0
Div Non Decr Years25
5.3 Sustainability
ENB-PR-A pays out 142.15% of its income as dividend. This is not a sustainable payout ratio.
ENB-PR-A'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 1/2 PERP
TSX:ENB-PR-A (7/18/2025, 7:00:00 PM)
23.9
+0.03 (+0.13%)
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 Cap52.11B
Analysts72.14
Price Target25.55 (6.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.71% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years0
Div Non Decr Years25
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)5.6%
PT rev (3m)5.93%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-12.21%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 7.35 | ||
| P/S | 0.86 | ||
| P/FCF | 10.39 | ||
| P/OCF | 4.17 | ||
| P/B | 0.76 | ||
| P/tB | 1.92 | ||
| EV/EBITDA | 9.48 |
EPS(TTM)2.91
EY12.18%
EPS(NY)3.25
Fwd EY13.6%
FCF(TTM)2.3
FCFY9.63%
OCF(TTM)5.73
OCFY23.99%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.99
PEG (5Y)7.42
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
WACC7.6%
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 5Y7.83%
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 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%