ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Fundamental Analysis
TSX:ENB-PR-A - Toronto Stock Exchange - CA29250N2041 - Currency: CAD
Taking everything into account, ENB-PR-A scores 5 out of 10 in our fundamental rating. ENB-PR-A was compared to 211 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 is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PR-A also has an excellent dividend rating.
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.
Each year in the past 5 years ENB-PR-A has been profitable.
Each year in the past 5 years ENB-PR-A had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.68%, ENB-PR-A is in line with its industry, outperforming 59.72% of the companies in the same industry.
ENB-PR-A has a Return On Equity of 8.64%. This is in the better half of the industry: ENB-PR-A outperforms 63.51% of its industry peers.
ENB-PR-A's Return On Invested Capital of 4.07% is fine compared to the rest of the industry. ENB-PR-A outperforms 61.14% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PR-A is below the industry average of 7.23%.
The last Return On Invested Capital (4.07%) for ENB-PR-A 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
ENB-PR-A has a better Profit Margin (9.67%) than 64.93% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-A has declined.
With a decent Operating Margin value of 17.53%, ENB-PR-A is doing good in the industry, outperforming 61.14% of the companies in the same industry.
ENB-PR-A's Operating Margin has improved in the last couple of years.
ENB-PR-A's Gross Margin of 42.37% is in line compared to the rest of the industry. ENB-PR-A outperforms 55.92% 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.
Compared to 1 year ago, ENB-PR-A has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.50, we must say that ENB-PR-A is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.50, ENB-PR-A perfoms like the industry average, outperforming 51.66% of the companies in the same industry.
The Debt to FCF ratio of ENB-PR-A is 20.56, which is on the high side as it means it would take ENB-PR-A, 20.56 years of fcf income to pay off all of its debts.
ENB-PR-A has a Debt to FCF ratio of 20.56. This is in the better half of the industry: ENB-PR-A outperforms 61.61% of its industry peers.
ENB-PR-A has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
ENB-PR-A has a worse Debt to Equity ratio (1.44) than 73.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC7.49%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PR-A may have some problems paying its short term obligations.
ENB-PR-A has a Current ratio (0.73) which 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 46.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.75% 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 43.00% 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)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
Based on estimates for the next years, ENB-PR-A will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.26% on average per year.
ENB-PR-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.28% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PR-A is valuated cheaply with a Price/Earnings ratio of 7.99.
ENB-PR-A's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-A is cheaper than 75.83% of the companies in the same industry.
ENB-PR-A's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.25.
A Price/Forward Earnings ratio of 7.15 indicates a rather cheap valuation of ENB-PR-A.
ENB-PR-A's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-A is cheaper than 71.56% of the companies in the same industry.
ENB-PR-A is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.15, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.99 | ||
| Fwd PE | 7.15 |
4.2 Price Multiples
ENB-PR-A's Enterprise Value to EBITDA is on the same level as the industry average.
74.88% of the companies in the same industry are more expensive than ENB-PR-A, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.1 | ||
| EV/EBITDA | 9.38 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PR-A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)7.22
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-A has a Yearly Dividend Yield of 5.97%, which is a nice return.
Compared to an average industry Dividend Yield of 6.54, ENB-PR-A pays a better dividend. On top of this ENB-PR-A pays more dividend than 89.57% 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.97% |
5.2 History
The dividend of ENB-PR-A has a limited annual growth rate of 4.10%.
ENB-PR-A has paid a dividend for at least 10 years, which is 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
142.15% of the earnings are spent on dividend by ENB-PR-A. This is not a sustainable payout ratio.
The dividend of ENB-PR-A 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 1/2 PERP
TSX:ENB-PR-A (5/30/2025, 7:00:00 PM)
23.25
+0.1 (+0.43%)
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 Cap50.69B
Analysts72.14
Price Target24.12 (3.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.97% |
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)0%
PT rev (3m)-1.98%
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 | 7.99 | ||
| Fwd PE | 7.15 | ||
| P/S | 0.83 | ||
| P/FCF | 10.1 | ||
| P/OCF | 4.05 | ||
| P/B | 0.74 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 9.38 |
EPS(TTM)2.91
EY12.52%
EPS(NY)3.25
Fwd EY13.98%
FCF(TTM)2.3
FCFY9.9%
OCF(TTM)5.73
OCFY24.67%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.96
PEG (5Y)7.22
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
WACC7.49%
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 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%