ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-A - CA29250N2041
24.81 CAD
-0.13 (-0.52%)
ENB-PR-A gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 220 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 has a correct valuation and a medium growth rate. Finally 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.
In the past 5 years ENB-PR-A has always been profitable.
ENB-PR-A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ENB-PR-A (2.94%) is comparable to the rest of the industry.
ENB-PR-A has a better Return On Equity (9.51%) than 67.73% of its industry peers.
With a decent Return On Invested Capital value of 4.33%, ENB-PR-A is doing good in the industry, outperforming 63.64% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-A is below the industry average of 6.91%.
The last Return On Invested Capital (4.33%) for ENB-PR-A is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| 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-PR-A's Profit Margin of 9.65% is fine compared to the rest of the industry. ENB-PR-A outperforms 62.27% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-A has declined.
ENB-PR-A's Operating Margin of 17.23% is fine compared to the rest of the industry. ENB-PR-A outperforms 64.55% 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 40.92%. This is comparable to the rest of the industry: ENB-PR-A outperforms 57.73% of its industry peers.
ENB-PR-A's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-A is destroying value.
ENB-PR-A has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PR-A has more shares outstanding
The debt/assets ratio for ENB-PR-A is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.56, 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 (0.56) which is comparable to the rest of the industry.
ENB-PR-A has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-A would need 20.73 years to pay back of all of its debts.
ENB-PR-A's Debt to FCF ratio of 20.73 is fine compared to the rest of the industry. ENB-PR-A outperforms 62.27% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PR-A has dependencies on debt financing.
ENB-PR-A has a worse Debt to Equity ratio (1.50) than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.59
WACC7.29%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PR-A may have some problems paying its short term obligations.
ENB-PR-A has a worse Current ratio (0.75) than 60.91% of its industry peers.
ENB-PR-A has a Quick Ratio of 0.75. 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.
With a Quick ratio value of 0.65, ENB-PR-A perfoms like the industry average, outperforming 41.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.97% 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 48.17% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.32% on average over the past years.
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
The Earnings Per Share is expected to grow by 7.56% on average over the next years.
ENB-PR-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.39% yearly.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
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.
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
A Price/Earnings ratio of 8.33 indicates a reasonable valuation of ENB-PR-A.
Based on the Price/Earnings ratio, ENB-PR-A is valued a bit cheaper than the industry average as 74.55% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.32. ENB-PR-A is valued rather cheaply when compared to this.
ENB-PR-A is valuated cheaply with a Price/Forward Earnings ratio of 7.75.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PR-A indicates a somewhat cheap valuation: ENB-PR-A is cheaper than 75.45% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.89, ENB-PR-A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.33 | ||
| Fwd PE | 7.75 |
4.2 Price Multiples
ENB-PR-A's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PR-A indicates a somewhat cheap valuation: ENB-PR-A is cheaper than 76.36% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.1 | ||
| EV/EBITDA | 9.23 |
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)1.07
PEG (5Y)7.52
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PR-A has a Yearly Dividend Yield of 5.56%, which is a nice return.
ENB-PR-A's Dividend Yield is rather good when compared to the industry average which is at 6.65. ENB-PR-A pays more dividend than 90.45% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ENB-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
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
136.55% 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.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 5 1/2 PERP
TSX:ENB-PR-A (9/26/2025, 7:00:00 PM)
24.81
-0.13 (-0.52%)
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 Cap54.11B
Analysts72.86
Price Target24.9 (0.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years25
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)-3.69%
PT rev (3m)2.91%
EPS NQ rev (1m)1.54%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)-11.65%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.33 | ||
| Fwd PE | 7.75 | ||
| P/S | 0.84 | ||
| P/FCF | 11.1 | ||
| P/OCF | 4.19 | ||
| P/B | 0.83 | ||
| P/tB | 2.08 | ||
| EV/EBITDA | 9.23 |
EPS(TTM)2.98
EY12.01%
EPS(NY)3.2
Fwd EY12.9%
FCF(TTM)2.24
FCFY9.01%
OCF(TTM)5.93
OCFY23.89%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1.07
PEG (5Y)7.52
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 | 0.56 |
F-Score5
WACC7.29%
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
Revenue Next 5Y6.39%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.81%
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%