ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) Stock Fundamental Analysis
TSX:ENB-PR-B - CA29250N7099
20.19 CAD
-0.07 (-0.35%)
Taking everything into account, ENB-PR-B scores 5 out of 10 in our fundamental rating. ENB-PR-B was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-B belongs to the best of the industry regarding profitability, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-B. ENB-PR-B also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-B was profitable.
In the past year ENB-PR-B had a positive cash flow from operations.
Each year in the past 5 years ENB-PR-B has been profitable.
In the past 5 years ENB-PR-B always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PR-B's Return On Assets of 2.94% is fine compared to the rest of the industry. ENB-PR-B outperforms 66.97% of its industry peers.
ENB-PR-B's Return On Equity of 9.51% is fine compared to the rest of the industry. ENB-PR-B outperforms 75.23% of its industry peers.
The Return On Invested Capital of ENB-PR-B (4.33%) is better than 70.64% 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 6.94%.
The last Return On Invested Capital (4.33%) for ENB-PR-B 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-B has a better Profit Margin (9.65%) than 69.72% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-B has declined.
ENB-PR-B's Operating Margin of 17.23% is fine compared to the rest of the industry. ENB-PR-B outperforms 71.56% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-B has grown nicely.
Looking at the Gross Margin, with a value of 40.92%, ENB-PR-B is in the better half of the industry, outperforming 64.22% of the companies in the same industry.
ENB-PR-B'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-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
Based on the Altman-Z score of 0.52, we must say that ENB-PR-B is in the distress zone and has some risk of bankruptcy.
ENB-PR-B's Altman-Z score of 0.52 is in line compared to the rest of the industry. ENB-PR-B outperforms 44.04% of its industry peers.
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.
The Debt to FCF ratio of ENB-PR-B (20.73) is better than 68.81% 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.
Looking at the Debt to Equity ratio, with a value of 1.50, ENB-PR-B is doing worse than 64.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.52 |
ROIC/WACC0.6
WACC7.25%
2.3 Liquidity
ENB-PR-B has a Current 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.
ENB-PR-B has a Current ratio (0.75) which is comparable to the rest of the industry.
A Quick Ratio of 0.65 indicates that ENB-PR-B may have some problems paying its short term obligations.
ENB-PR-B has a Quick ratio (0.65) which is in line with its industry peers.
| 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.
Looking at the last year, ENB-PR-B shows a very strong growth in Revenue. The Revenue has grown by 48.17%.
Measured over the past years, ENB-PR-B shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
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
ENB-PR-B is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.56% yearly.
The Revenue is expected to grow by 6.39% on average over the next years.
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.
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
With a Price/Earnings ratio of 6.78, the valuation of ENB-PR-B can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-B indicates a rather cheap valuation: ENB-PR-B is cheaper than 86.70% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ENB-PR-B to the average of the S&P500 Index (27.06), we can say ENB-PR-B is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.31, the valuation of ENB-PR-B can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PR-B is valued cheaply inside the industry as 86.24% of the companies are valued more expensively.
ENB-PR-B is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.78 | ||
| Fwd PE | 6.31 |
4.2 Price Multiples
66.06% of the companies in the same industry are more expensive than ENB-PR-B, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ENB-PR-B is valued cheaply inside the industry as 84.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.03 | ||
| EV/EBITDA | 8.61 |
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)0.87
PEG (5Y)6.12
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.66%, ENB-PR-B is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.89, ENB-PR-B pays a better dividend. On top of this ENB-PR-B pays more dividend than 83.49% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, ENB-PR-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
5.2 History
The dividend of ENB-PR-B has a limited annual growth rate of 4.10%.
ENB-PR-B has paid a dividend for at least 10 years, which is a reliable track record.
As ENB-PR-B did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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.
The dividend of ENB-PR-B 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 5.202 PERP
TSX:ENB-PR-B (9/5/2025, 7:00:00 PM)
20.19
-0.07 (-0.35%)
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 Cap44.02B
Analysts72.86
Price Target20.75 (2.77%)
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 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)-3.46%
PT rev (3m)5.86%
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 | 6.78 | ||
| Fwd PE | 6.31 | ||
| P/S | 0.68 | ||
| P/FCF | 9.03 | ||
| P/OCF | 3.41 | ||
| P/B | 0.67 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 8.61 |
EPS(TTM)2.98
EY14.76%
EPS(NY)3.2
Fwd EY15.85%
FCF(TTM)2.24
FCFY11.07%
OCF(TTM)5.93
OCFY29.36%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.87
PEG (5Y)6.12
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
WACC7.25%
ROIC/WACC0.6
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%