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ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:ENB-PR-A - CA29250N2041

24.52 CAD
+0.07 (+0.29%)
Last: 12/22/2025, 7:00:00 PM
Fundamental Rating

5

Overall ENB-PR-A gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-A against 211 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-A belongs to the best of the industry regarding profitability, there are concerns on its financial health. ENB-PR-A is valued quite cheap, while showing a decent growth score. This is a good combination! Finally ENB-PR-A also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

ENB-PR-A had positive earnings in the past year.
In the past year ENB-PR-A had a positive cash flow from operations.
ENB-PR-A had positive earnings in each of the past 5 years.
In the past 5 years ENB-PR-A always reported a positive cash flow from operatings.
ENB-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B

1.2 Ratios

The Return On Assets of ENB-PR-A (2.59%) is better than 60.19% of its industry peers.
ENB-PR-A has a Return On Equity of 8.61%. This is in the better half of the industry: ENB-PR-A outperforms 68.25% of its industry peers.
ENB-PR-A has a better Return On Invested Capital (4.12%) than 65.40% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-A is below the industry average of 6.57%.
The 3 year average ROIC (3.99%) for ENB-PR-A is below the current ROIC(4.12%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROIC 4.12%
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
ENB-PR-A.CA Yearly ROA, ROE, ROICENB-PR-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 4 6 8

1.3 Margins

ENB-PR-A's Profit Margin of 8.74% is fine compared to the rest of the industry. ENB-PR-A outperforms 64.93% of its industry peers.
ENB-PR-A's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-A (16.91%) is better than 65.88% of its industry peers.
ENB-PR-A's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 41.11%, ENB-PR-A perfoms like the industry average, outperforming 59.72% of the companies in the same industry.
ENB-PR-A's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
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%
ENB-PR-A.CA Yearly Profit, Operating, Gross MarginsENB-PR-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

2

2. Health

2.1 Basic Checks

ENB-PR-A has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ENB-PR-A has more shares outstanding
The number of shares outstanding for ENB-PR-A has been increased compared to 5 years ago.
ENB-PR-A has a worse debt/assets ratio than last year.
ENB-PR-A.CA Yearly Shares OutstandingENB-PR-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
ENB-PR-A.CA Yearly Total Debt VS Total AssetsENB-PR-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

Based on the Altman-Z score of 0.53, we must say that ENB-PR-A is in the distress zone and has some risk of bankruptcy.
ENB-PR-A has a Altman-Z score (0.53) which is comparable to the rest of the industry.
The Debt to FCF ratio of ENB-PR-A is 25.58, which is on the high side as it means it would take ENB-PR-A, 25.58 years of fcf income to pay off all of its debts.
ENB-PR-A's Debt to FCF ratio of 25.58 is fine compared to the rest of the industry. ENB-PR-A outperforms 63.51% of its industry peers.
ENB-PR-A has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.56, ENB-PR-A is not doing good in the industry: 70.62% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.53
ROIC/WACC0.59
WACC7%
ENB-PR-A.CA Yearly LT Debt VS Equity VS FCFENB-PR-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

ENB-PR-A has a Current Ratio of 0.80. 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 Current ratio of 0.80. This is comparable to the rest of the industry: ENB-PR-A outperforms 48.34% of its industry peers.
A Quick Ratio of 0.68 indicates that ENB-PR-A may have some problems paying its short term obligations.
ENB-PR-A has a Quick ratio (0.68) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
ENB-PR-A.CA Yearly Current Assets VS Current LiabilitesENB-PR-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

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 7.43%.
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.
The Revenue has grown by 32.29% in the past year. This is a very strong growth!
Measured over the past years, ENB-PR-A shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
EPS 1Y (TTM)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%

3.2 Future

The Earnings Per Share is expected to grow by 7.51% on average over the next years.
The Revenue is expected to grow by 7.45% on average over the next years.
EPS Next Y4.84%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
EPS Next 5Y7.51%
Revenue Next Year33.14%
Revenue Next 2Y15.47%
Revenue Next 3Y11.16%
Revenue Next 5Y7.45%

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.
ENB-PR-A.CA Yearly Revenue VS EstimatesENB-PR-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
ENB-PR-A.CA Yearly EPS VS EstimatesENB-PR-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4 5

7

4. Valuation

4.1 Price/Earnings Ratio

ENB-PR-A is valuated reasonably with a Price/Earnings ratio of 8.48.
81.52% of the companies in the same industry are more expensive than ENB-PR-A, based on the Price/Earnings ratio.
ENB-PR-A's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.61.
A Price/Forward Earnings ratio of 7.76 indicates a rather cheap valuation of ENB-PR-A.
80.09% of the companies in the same industry are more expensive than ENB-PR-A, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ENB-PR-A to the average of the S&P500 Index (24.01), we can say ENB-PR-A is valued rather cheaply.
Industry RankSector Rank
PE 8.48
Fwd PE 7.76
ENB-PR-A.CA Price Earnings VS Forward Price EarningsENB-PR-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, ENB-PR-A is valued a bit cheaper than the industry average as 60.19% of the companies are valued more expensively.
73.93% of the companies in the same industry are more expensive than ENB-PR-A, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 13.19
EV/EBITDA 9.39
ENB-PR-A.CA Per share dataENB-PR-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ENB-PR-A may justify a higher PE ratio.
PEG (NY)1.75
PEG (5Y)7.66
EPS Next 2Y6.24%
EPS Next 3Y7.32%

8

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 6.02%, ENB-PR-A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.90, ENB-PR-A pays a better dividend. On top of this ENB-PR-A pays more dividend than 90.52% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, ENB-PR-A pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.02%

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
ENB-PR-A.CA Yearly Dividends per shareENB-PR-A.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

152.61% of the earnings are spent on dividend by ENB-PR-A. This is not a sustainable payout ratio.
ENB-PR-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP152.61%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
ENB-PR-A.CA Yearly Income VS Free CF VS DividendENB-PR-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B
ENB-PR-A.CA Dividend Payout.ENB-PR-A.CA Dividend Payout, showing the Payout Ratio.ENB-PR-A.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 5 1/2 PERP

TSX:ENB-PR-A (12/22/2025, 7:00:00 PM)

24.52

+0.07 (+0.29%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07 2025-11-07/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners55.47%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap53.48B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target26.13 (6.57%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.02%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years0
Div Non Decr Years25
Ex-Date02-17 2026-02-17 (0.34375)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)0.15%
PT rev (3m)4.94%
EPS NQ rev (1m)0.99%
EPS NQ rev (3m)-1.49%
EPS NY rev (1m)-2.72%
EPS NY rev (3m)-2.76%
Revenue NQ rev (1m)1.76%
Revenue NQ rev (3m)6.18%
Revenue NY rev (1m)5.13%
Revenue NY rev (3m)4.13%
Valuation
Industry RankSector Rank
PE 8.48
Fwd PE 7.76
P/S 0.83
P/FCF 13.19
P/OCF 4.17
P/B 0.82
P/tB 2.12
EV/EBITDA 9.39
EPS(TTM)2.89
EY11.79%
EPS(NY)3.16
Fwd EY12.89%
FCF(TTM)1.86
FCFY7.58%
OCF(TTM)5.88
OCFY23.97%
SpS29.45
BVpS29.88
TBVpS11.57
PEG (NY)1.75
PEG (5Y)7.66
Graham Number44.08
Profitability
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROCE 5.38%
ROIC 4.12%
ROICexc 4.14%
ROICexgc 5.17%
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
FCFM 6.31%
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%
ROICexgc growth 3Y-2.31%
ROICexgc 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 RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Debt/EBITDA 6.2
Cap/Depr 157.09%
Cap/Sales 13.65%
Interest Coverage 250
Cash Conversion 77.99%
Profit Quality 72.23%
Current Ratio 0.8
Quick Ratio 0.68
Altman-Z 0.53
F-Score5
WACC7%
ROIC/WACC0.59
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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
EPS Next Y4.84%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
EPS Next 5Y7.51%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year33.14%
Revenue Next 2Y15.47%
Revenue Next 3Y11.16%
Revenue Next 5Y7.45%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.02%
EBIT Next 3Y24.16%
EBIT Next 5Y16.05%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%

ENBRIDGE INC - ENBCN 5 1/2 PERP / ENB-PR-A.CA FAQ

Can you provide the ChartMill fundamental rating for ENBRIDGE INC - ENBCN 5 1/2 PERP?

ChartMill assigns a fundamental rating of 5 / 10 to ENB-PR-A.CA.


What is the valuation status for ENB-PR-A stock?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA). This can be considered as Undervalued.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 5 1/2 PERP?

ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for ENB-PR-A stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is 8.48 and the Price/Book (PB) ratio is 0.82.


What is the expected EPS growth for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) stock?

The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is expected to grow by 4.84% in the next year.