ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-B - CA29250N7099
20.25 CAD
-0.04 (-0.2%)
Taking everything into account, ENB-PR-B scores 5 out of 10 in our fundamental rating. ENB-PR-B was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-B has a great profitability rating, there are quite some concerns on its financial health. ENB-PR-B is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PR-B also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-B had positive earnings in the past year.
ENB-PR-B had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PR-B has been profitable.
Each year in the past 5 years ENB-PR-B had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.94%, ENB-PR-B is doing good in the industry, outperforming 66.98% of the companies in the same industry.
ENB-PR-B has a better Return On Equity (9.51%) than 75.00% of its industry peers.
ENB-PR-B's Return On Invested Capital of 4.33% is fine compared to the rest of the industry. ENB-PR-B outperforms 69.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-B is below the industry average of 6.85%.
The 3 year average ROIC (3.99%) for ENB-PR-B is below the current ROIC(4.33%), indicating increased profibility in the last year.
| 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-B has a better Profit Margin (9.65%) than 69.34% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-B has declined.
With a decent Operating Margin value of 17.23%, ENB-PR-B is doing good in the industry, outperforming 72.17% of the companies in the same industry.
In the last couple of years the Operating Margin of ENB-PR-B has grown nicely.
ENB-PR-B has a better Gross Margin (40.92%) than 64.15% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-B has grown nicely.
| 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-B is destroying value.
Compared to 1 year ago, ENB-PR-B has more shares outstanding
ENB-PR-B has more shares outstanding than it did 5 years ago.
ENB-PR-B has a worse debt/assets ratio than last year.
2.2 Solvency
ENB-PR-B has an Altman-Z score of 0.52. This is a bad value and indicates that ENB-PR-B is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.52, ENB-PR-B is in line with its industry, outperforming 40.57% of the companies in the same industry.
ENB-PR-B has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-B would need 20.73 years to pay back of all of its debts.
ENB-PR-B has a Debt to FCF ratio of 20.73. This is in the better half of the industry: ENB-PR-B outperforms 69.81% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PR-B has dependencies on debt financing.
ENB-PR-B's Debt to Equity ratio of 1.50 is on the low side compared to the rest of the industry. ENB-PR-B is outperformed by 65.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.52 |
ROIC/WACC0.61
WACC7.15%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PR-B may have some problems paying its short term obligations.
With a Current ratio value of 0.75, ENB-PR-B perfoms like the industry average, outperforming 44.81% of the companies in the same industry.
ENB-PR-B has a Quick Ratio of 0.75. This is a bad value and indicates that ENB-PR-B is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.65, ENB-PR-B is in line with its industry, outperforming 48.11% 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.
Measured over the past 5 years, ENB-PR-B shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
ENB-PR-B shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.17%.
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
Based on estimates for the next years, ENB-PR-B will show a small growth in Earnings Per Share. The EPS will grow by 7.85% on average per year.
The Revenue is expected to grow by 6.68% on average over the next years.
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
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
The Price/Earnings ratio is 6.80, which indicates a rather cheap valuation of ENB-PR-B.
ENB-PR-B's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-B is cheaper than 88.68% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENB-PR-B to the average of the S&P500 Index (27.86), we can say ENB-PR-B is valued rather cheaply.
A Price/Forward Earnings ratio of 6.25 indicates a rather cheap valuation of ENB-PR-B.
Based on the Price/Forward Earnings ratio, ENB-PR-B is valued cheaper than 87.74% of the companies in the same industry.
ENB-PR-B is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.8 | ||
| Fwd PE | 6.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENB-PR-B is valued a bit cheaper than the industry average as 66.98% of the companies are valued more expensively.
ENB-PR-B's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ENB-PR-B is cheaper than 84.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.06 | ||
| EV/EBITDA | 8.62 |
4.3 Compensation for Growth
ENB-PR-B's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PR-B has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.81
PEG (5Y)6.14
EPS Next 2Y7.57%
EPS Next 3Y7.73%
5. Dividend
5.1 Amount
ENB-PR-B has a Yearly Dividend Yield of 5.43%, which is a nice return.
ENB-PR-B's Dividend Yield is rather good when compared to the industry average which is at 6.78. ENB-PR-B pays more dividend than 82.55% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ENB-PR-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
5.2 History
The dividend of ENB-PR-B has a limited annual growth rate of 4.10%.
ENB-PR-B has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-B has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)4.1%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
136.55% of the earnings are spent on dividend by ENB-PR-B. This is not a sustainable payout ratio.
ENB-PR-B's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
ENBRIDGE INC - ENBCN 5.202 PERP
TSX:ENB-PR-B (10/2/2025, 7:00:00 PM)
20.25
-0.04 (-0.2%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap44.16B
Analysts72.86
Price Target20.16 (-0.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years0
Div Non Decr Years6
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)-1.47%
PT rev (3m)-2.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.44%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.37%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.8 | ||
| Fwd PE | 6.25 | ||
| P/S | 0.68 | ||
| P/FCF | 9.06 | ||
| P/OCF | 3.42 | ||
| P/B | 0.67 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 8.62 |
EPS(TTM)2.98
EY14.72%
EPS(NY)3.24
Fwd EY16%
FCF(TTM)2.24
FCFY11.04%
OCF(TTM)5.93
OCFY29.27%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.81
PEG (5Y)6.14
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 | 0.52 |
F-Score5
WACC7.15%
ROIC/WACC0.61
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%