ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Fundamental Analysis
TSX:ENB-PR-A - Toronto Stock Exchange - CA29250N2041 - Currency: CAD
Overall ENB-PR-A gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-A against 208 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 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.
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.
Each year in the past 5 years ENB-PR-A had a positive operating cash flow.
1.2 Ratios
ENB-PR-A's Return On Assets of 2.68% is in line compared to the rest of the industry. ENB-PR-A outperforms 58.17% of its industry peers.
ENB-PR-A has a Return On Equity of 8.64%. This is in the better half of the industry: ENB-PR-A outperforms 63.94% of its industry peers.
The Return On Invested Capital of ENB-PR-A (4.07%) is better than 62.50% 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 7.31%.
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
With a decent Profit Margin value of 9.67%, ENB-PR-A is doing good in the industry, outperforming 63.46% of the companies in the same industry.
ENB-PR-A's Profit Margin has declined in the last couple of years.
ENB-PR-A's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PR-A outperforms 62.02% 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 (42.37%) which is comparable to the rest of the industry.
ENB-PR-A's Gross Margin has improved in the last couple of years.
| 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
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
ENB-PR-A has more shares outstanding than it did 5 years ago.
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 0.51, we must say that ENB-PR-A is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ENB-PR-A (0.51) is comparable to the rest of the industry.
ENB-PR-A has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-A would need 20.56 years to pay back of all of its debts.
ENB-PR-A has a Debt to FCF ratio (20.56) which is in line with 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 72.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.51 |
ROIC/WACC0.54
WACC7.47%
2.3 Liquidity
ENB-PR-A has a Current 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 Current ratio of 0.73. This is comparable to the rest of the industry: ENB-PR-A outperforms 46.63% of its industry peers.
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 (0.66) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
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%.
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.
ENB-PR-A shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.51%.
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)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
3.2 Future
Based on estimates for the next years, ENB-PR-A will show a small growth in Earnings Per Share. The EPS will grow by 7.83% 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 6.39% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year22.46%
Revenue Next 2Y11.61%
Revenue Next 3Y9.09%
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
ENB-PR-A is valuated reasonably with a Price/Earnings ratio of 8.20.
Based on the Price/Earnings ratio, ENB-PR-A is valued a bit cheaper than the industry average as 76.44% of the companies are valued more expensively.
ENB-PR-A is valuated cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.52, the valuation of ENB-PR-A can be described as very cheap.
70.19% of the companies in the same industry are more expensive than ENB-PR-A, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.09. ENB-PR-A is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.2 | ||
| Fwd PE | 7.52 |
4.2 Price Multiples
ENB-PR-A's Enterprise Value to EBITDA ratio is in line with the industry average.
ENB-PR-A's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-A is cheaper than 74.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.62 | ||
| EV/EBITDA | 9.55 |
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)0.99
PEG (5Y)7.41
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.05%, ENB-PR-A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.87, ENB-PR-A pays a better dividend. On top of this ENB-PR-A pays more dividend than 83.65% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, ENB-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.05% |
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
5.3 Sustainability
142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5 1/2 PERP
TSX:ENB-PR-A (8/8/2025, 7:00:00 PM)
24.44
+0.04 (+0.16%)
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 Cap53.29B
Analysts73.57
Price Target25.85 (5.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.05% |
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)2.45%
PT rev (3m)7.19%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)-11.46%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)6.52%
Revenue NY rev (3m)6.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.2 | ||
| Fwd PE | 7.52 | ||
| P/S | 0.87 | ||
| P/FCF | 10.62 | ||
| P/OCF | 4.26 | ||
| P/B | 0.78 | ||
| P/tB | 1.96 | ||
| EV/EBITDA | 9.55 |
EPS(TTM)2.98
EY12.19%
EPS(NY)3.25
Fwd EY13.3%
FCF(TTM)2.3
FCFY9.41%
OCF(TTM)5.73
OCFY23.46%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.99
PEG (5Y)7.41
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 | 0.51 |
F-Score5
WACC7.47%
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year22.46%
Revenue Next 2Y11.61%
Revenue Next 3Y9.09%
Revenue Next 5Y6.39%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.89%
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%