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

Canada - TSX:ENB-PR-A - CA29250N2041

25 CAD
+0.01 (+0.04%)
Last: 10/24/2025, 7:00:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ENB-PR-A. ENB-PR-A was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PR-A while its profitability can be described as average. ENB-PR-A has a decent growth rate and is not valued too expensively. ENB-PR-A also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

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.
ENB-PR-A had a positive operating cash flow in each of the past 5 years.
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 (2.94%) is comparable to the rest of the industry.
ENB-PR-A's Return On Equity of 9.51% is fine compared to the rest of the industry. ENB-PR-A outperforms 66.35% of its industry peers.
The Return On Invested Capital of ENB-PR-A (4.33%) is better than 61.06% 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 6.88%.
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 RankSector 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%
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

The Profit Margin of ENB-PR-A (9.65%) is better than 60.10% of its industry peers.
ENB-PR-A's Profit Margin has declined in the last couple of years.
ENB-PR-A has a better Operating Margin (17.23%) than 63.46% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-A has grown nicely.
ENB-PR-A's Gross Margin of 40.92% is in line compared to the rest of the industry. ENB-PR-A outperforms 56.73% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-A has grown nicely.
Industry RankSector 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%
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

1

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.
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

ENB-PR-A has an Altman-Z score of 0.56. This is a bad value and indicates that ENB-PR-A is not financially healthy and even has some risk of bankruptcy.
ENB-PR-A has a Altman-Z score (0.56) which is comparable to the rest of the industry.
The Debt to FCF ratio of ENB-PR-A is 20.73, which is on the high side as it means it would take ENB-PR-A, 20.73 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 20.73, ENB-PR-A is doing good in the industry, outperforming 61.06% of the companies in the same industry.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PR-A has dependencies on debt financing.
With a Debt to Equity ratio value of 1.50, ENB-PR-A is not doing good in the industry: 73.08% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.5
Debt/FCF 20.73
Altman-Z 0.56
ROIC/WACC0.62
WACC6.99%
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

A Current Ratio of 0.75 indicates that ENB-PR-A may have some problems paying its short term obligations.
With a Current ratio value of 0.75, ENB-PR-A is not doing good in the industry: 62.98% of the companies in the same industry are doing better.
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 40.87% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.75
Quick Ratio 0.65
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 7.97%.
ENB-PR-A shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
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 7.85% 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 6.68% yearly.
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%

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

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 8.39, which indicates a very decent valuation of ENB-PR-A.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-A indicates a somewhat cheap valuation: ENB-PR-A is cheaper than 75.48% of the companies listed 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 26.89.
With a Price/Forward Earnings ratio of 7.72, the valuation of ENB-PR-A can be described as very cheap.
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 75.96% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.99. ENB-PR-A is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.39
Fwd PE 7.72
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

The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PR-A.
ENB-PR-A's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-A is cheaper than 74.52% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.18
EV/EBITDA 9.24
ENB-PR-A.CA Per share dataENB-PR-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

ENB-PR-A's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ENB-PR-A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1
PEG (5Y)7.58
EPS Next 2Y7.57%
EPS Next 3Y7.73%

8

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.71%, ENB-PR-A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.43, ENB-PR-A pays a better dividend. On top of this ENB-PR-A pays more dividend than 90.87% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, ENB-PR-A pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.71%

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 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 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 0.2 0.4 0.6 0.8 1

5.3 Sustainability

ENB-PR-A pays out 136.55% 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.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
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 (10/24/2025, 7:00:00 PM)

25

+0.01 (+0.04%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)08-01 2025-08-01/bmo
Earnings (Next)11-07 2025-11-07/bmo
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap54.52B
Revenue(TTM)64.48B
Net Income(TTM)6.22B
Analysts72.86
Price Target24.58 (-1.68%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.71%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years25
Ex-Date08-15 2025-08-15 (0.34375)
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)-1.29%
PT rev (3m)-3.8%
EPS NQ rev (1m)-1.79%
EPS NQ rev (3m)1.59%
EPS NY rev (1m)0%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6.48%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
Industry RankSector Rank
PE 8.39
Fwd PE 7.72
P/S 0.85
P/FCF 11.18
P/OCF 4.22
P/B 0.83
P/tB 2.1
EV/EBITDA 9.24
EPS(TTM)2.98
EY11.92%
EPS(NY)3.24
Fwd EY12.96%
FCF(TTM)2.24
FCFY8.94%
OCF(TTM)5.93
OCFY23.71%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1
PEG (5Y)7.58
Graham Number44.86
Profitability
Industry RankSector 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%
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 1.5
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
WACC6.99%
ROIC/WACC0.62
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 Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.12%
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%

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 6 / 10 to ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA). This can be considered as Fairly Valued.


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 6 / 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 8.39 and the Price/Book (PB) ratio is 0.83.


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 8.35% in the next year.