ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Fundamental Analysis
TSX:ENB-PR-A - CA29250N2041
24.65 CAD
+0.09 (+0.37%)
Overall ENB-PR-A gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-A against 215 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-A has a great profitability rating, there are quite some concerns on its financial health. ENB-PR-A has a decent growth rate and is not valued too expensively. 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.
ENB-PR-A had a positive operating cash flow in the past year.
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 2.94%, ENB-PR-A is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
With a decent Return On Equity value of 9.51%, ENB-PR-A is doing good in the industry, outperforming 68.37% of the companies in the same industry.
ENB-PR-A has a Return On Invested Capital of 4.33%. This is in the better half of the industry: ENB-PR-A outperforms 64.19% 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 6.99%.
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
With a decent Profit Margin value of 9.65%, ENB-PR-A is doing good in the industry, outperforming 62.79% of the companies in the same industry.
ENB-PR-A's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-A (17.23%) is better than 65.12% of its industry peers.
ENB-PR-A's Operating Margin has improved in the last couple of years.
ENB-PR-A has a Gross Margin (40.92%) which is in line with 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
ENB-PR-A has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
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.
ENB-PR-A has a Debt to FCF ratio of 20.73. This is in the better half of the industry: ENB-PR-A outperforms 62.79% 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's Debt to Equity ratio of 1.50 is on the low side compared to the rest of the industry. ENB-PR-A is outperformed by 71.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.58
WACC7.52%
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 Current ratio of 0.75. This is in the lower half of the industry: ENB-PR-A underperforms 60.00% of its industry peers.
A Quick Ratio of 0.65 indicates that ENB-PR-A may have some problems paying its short term obligations.
ENB-PR-A has a Quick ratio of 0.65. This is comparable to the rest of the industry: ENB-PR-A outperforms 42.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
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%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
ENB-PR-A shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.17%.
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)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.
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 Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
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
With a Price/Earnings ratio of 8.27, the valuation of ENB-PR-A can be described as very reasonable.
76.28% of the companies in the same industry are more expensive than ENB-PR-A, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.06. ENB-PR-A is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.70, the valuation of ENB-PR-A can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PR-A is valued a bit cheaper than the industry average as 76.28% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ENB-PR-A to the average of the S&P500 Index (22.69), we can say ENB-PR-A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.27 | ||
| Fwd PE | 7.7 |
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.
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 76.28% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.03 | ||
| EV/EBITDA | 9.19 |
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)1.06
PEG (5Y)7.47
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PR-A has a Yearly Dividend Yield of 5.66%, which is a nice return.
ENB-PR-A's Dividend Yield is rather good when compared to the industry average which is at 5.83. ENB-PR-A pays more dividend than 90.23% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, ENB-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
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 136.55% of its income as dividend. 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.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 5 1/2 PERP
TSX:ENB-PR-A (9/5/2025, 7:00:00 PM)
24.65
+0.09 (+0.37%)
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 Cap53.75B
Analysts72.86
Price Target25.12 (1.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
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)-1.65%
PT rev (3m)3.85%
EPS NQ rev (1m)3.66%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.27 | ||
| Fwd PE | 7.7 | ||
| P/S | 0.83 | ||
| P/FCF | 11.03 | ||
| P/OCF | 4.16 | ||
| P/B | 0.82 | ||
| P/tB | 2.07 | ||
| EV/EBITDA | 9.19 |
EPS(TTM)2.98
EY12.09%
EPS(NY)3.2
Fwd EY12.98%
FCF(TTM)2.24
FCFY9.07%
OCF(TTM)5.93
OCFY24.05%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1.06
PEG (5Y)7.47
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
WACC7.52%
ROIC/WACC0.58
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 2Y12.29%
Revenue Next 3Y10.83%
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%