ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) Stock Fundamental Analysis

TSX:ENB-PR-D • CA29250N8816

21.76 CAD
+0.09 (+0.42%)
Last: Feb 25, 2026, 07:00 PM
Fundamental Rating

5

Taking everything into account, ENB-PR-D scores 5 out of 10 in our fundamental rating. ENB-PR-D was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-D is still in line with the averages on profitability rating, there are concerns on its financial health. ENB-PR-D is valued quite cheap, but it does not seem to be growing. ENB-PR-D also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year ENB-PR-D was profitable.
  • ENB-PR-D had a positive operating cash flow in the past year.
  • Of the past 5 years ENB-PR-D 4 years were profitable.
  • Of the past 5 years ENB-PR-D 4 years had a positive operating cash flow.
ENB-PR-D.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-D.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B

1.2 Ratios

  • ENB-PR-D has a Return On Assets of 2.59%. This is in the better half of the industry: ENB-PR-D outperforms 62.74% of its industry peers.
  • ENB-PR-D has a better Return On Equity (8.61%) than 70.75% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 4.12%, ENB-PR-D is in the better half of the industry, outperforming 66.51% of the companies in the same industry.
  • ENB-PR-D had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.59%.
  • The last Return On Invested Capital (4.12%) for ENB-PR-D is above the 3 year average (3.99%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROIC 4.12%
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-D.CA Yearly ROA, ROE, ROICENB-PR-D.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • ENB-PR-D has a better Profit Margin (8.74%) than 67.45% of its industry peers.
  • ENB-PR-D's Profit Margin has declined in the last couple of years.
  • ENB-PR-D has a Operating Margin of 16.91%. This is in the better half of the industry: ENB-PR-D outperforms 69.34% of its industry peers.
  • ENB-PR-D's Operating Margin has improved in the last couple of years.
  • ENB-PR-D has a better Gross Margin (41.11%) than 62.74% of its industry peers.
  • ENB-PR-D's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
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-D.CA Yearly Profit, Operating, Gross MarginsENB-PR-D.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

2

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-D is destroying value.
  • There is no outstanding debt for ENB-PR-D. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
ENB-PR-D.CA Yearly Shares OutstandingENB-PR-D.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
ENB-PR-D.CA Yearly Total Debt VS Total AssetsENB-PR-D.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

  • Based on the Altman-Z score of 0.51, we must say that ENB-PR-D is in the distress zone and has some risk of bankruptcy.
  • ENB-PR-D has a Altman-Z score (0.51) which is in line with its industry peers.
  • ENB-PR-D has a debt to FCF ratio of 25.58. This is a negative value and a sign of low solvency as ENB-PR-D would need 25.58 years to pay back of all of its debts.
  • ENB-PR-D's Debt to FCF ratio of 25.58 is fine compared to the rest of the industry. ENB-PR-D outperforms 72.17% of its industry peers.
  • A Debt/Equity ratio of 1.56 is on the high side and indicates that ENB-PR-D has dependencies on debt financing.
  • ENB-PR-D's Debt to Equity ratio of 1.56 is on the low side compared to the rest of the industry. ENB-PR-D is outperformed by 61.79% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.51
ROIC/WACC0.69
WACC5.98%
ENB-PR-D.CA Yearly LT Debt VS Equity VS FCFENB-PR-D.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

  • ENB-PR-D has a Current Ratio of 0.80. This is a bad value and indicates that ENB-PR-D is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of ENB-PR-D (0.80) is comparable to the rest of the industry.
  • ENB-PR-D has a Quick Ratio of 0.80. This is a bad value and indicates that ENB-PR-D is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ENB-PR-D has a Quick ratio (0.68) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
ENB-PR-D.CA Yearly Current Assets VS Current LiabilitesENB-PR-D.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

3

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 7.08% over the past year.
  • Measured over the past 5 years, ENB-PR-D shows a small growth in Earnings Per Share. The EPS has been growing by 4.29% on average per year.
EPS 1Y (TTM)7.08%
EPS 3Y2.19%
EPS 5Y4.29%
EPS Q2Q%14.45%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%3.52%

3.2 Future

  • Based on estimates for the next years, ENB-PR-D will show a small growth in Earnings Per Share. The EPS will grow by 5.98% on average per year.
  • ENB-PR-D is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.09% yearly.
EPS Next Y3.71%
EPS Next 2Y6.12%
EPS Next 3Y8.29%
EPS Next 5Y5.98%
Revenue Next Year-0.1%
Revenue Next 2Y1.53%
Revenue Next 3Y0.24%
Revenue Next 5Y1.09%

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.
ENB-PR-D.CA Yearly Revenue VS EstimatesENB-PR-D.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
ENB-PR-D.CA Yearly EPS VS EstimatesENB-PR-D.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4

8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 7.25, which indicates a rather cheap valuation of ENB-PR-D.
  • Based on the Price/Earnings ratio, ENB-PR-D is valued cheaply inside the industry as 88.21% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 27.05. ENB-PR-D is valued rather cheaply when compared to this.
  • With a Price/Forward Earnings ratio of 7.00, the valuation of ENB-PR-D can be described as very cheap.
  • 89.62% of the companies in the same industry are more expensive than ENB-PR-D, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 28.03. ENB-PR-D is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.25
Fwd PE 7
ENB-PR-D.CA Price Earnings VS Forward Price EarningsENB-PR-D.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-D indicates a somewhat cheap valuation: ENB-PR-D is cheaper than 67.45% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PR-D indicates a rather cheap valuation: ENB-PR-D is cheaper than 83.49% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.71
EV/EBITDA 9.03
ENB-PR-D.CA Per share dataENB-PR-D.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ENB-PR-D has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.95
PEG (5Y)1.69
EPS Next 2Y6.12%
EPS Next 3Y8.29%

8

5. Dividend

5.1 Amount

  • ENB-PR-D has a Yearly Dividend Yield of 6.24%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.99, ENB-PR-D pays a better dividend. On top of this ENB-PR-D pays more dividend than 89.15% of the companies listed in the same industry.
  • ENB-PR-D's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 6.24%

5.2 History

  • The dividend of ENB-PR-D has a limited annual growth rate of 4.10%.
  • ENB-PR-D has been paying a dividend for at least 10 years, so it has a reliable track record.
  • ENB-PR-D 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 Years2
Div Non Decr Years11
ENB-PR-D.CA Yearly Dividends per shareENB-PR-D.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • ENB-PR-D pays out 152.61% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of ENB-PR-D is growing, but earnings are growing more, so the dividend growth is sustainable.
DP152.61%
EPS Next 2Y6.12%
EPS Next 3Y8.29%
ENB-PR-D.CA Yearly Income VS Free CF VS DividendENB-PR-D.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B
ENB-PR-D.CA Dividend Payout.ENB-PR-D.CA Dividend Payout, showing the Payout Ratio.ENB-PR-D.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 5.412 PERP

TSX:ENB-PR-D (2/25/2026, 7:00:00 PM)

21.76

+0.09 (+0.42%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)05-07
Inst Owners55.5%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap47.47B
Revenue(TTM)N/A
Net Income(TTM)5.61B
Analysts72.14
Price Target23.34 (7.26%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.24%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years2
Div Non Decr Years11
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)-3.79%
PT rev (3m)7.46%
EPS NQ rev (1m)0.32%
EPS NQ rev (3m)-1.3%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.94%
Valuation
Industry RankSector Rank
PE 7.25
Fwd PE 7
P/S 0.74
P/FCF 11.71
P/OCF 3.7
P/B 0.73
P/tB 1.88
EV/EBITDA 9.03
EPS(TTM)3
EY13.79%
EPS(NY)3.11
Fwd EY14.29%
FCF(TTM)1.86
FCFY8.54%
OCF(TTM)5.88
OCFY27.01%
SpS29.44
BVpS29.88
TBVpS11.57
PEG (NY)1.95
PEG (5Y)1.69
Graham Number44.91
Profitability
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROCE 5.38%
ROIC 4.12%
ROICexc 4.14%
ROICexgc 5.17%
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
FCFM 6.31%
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 1.56
Debt/FCF 25.58
Debt/EBITDA 6.2
Cap/Depr 157.09%
Cap/Sales 13.65%
Interest Coverage 250
Cash Conversion 77.99%
Profit Quality 72.23%
Current Ratio 0.8
Quick Ratio 0.68
Altman-Z 0.51
F-Score5
WACC5.98%
ROIC/WACC0.69
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)7.08%
EPS 3Y2.19%
EPS 5Y4.29%
EPS Q2Q%14.45%
EPS Next Y3.71%
EPS Next 2Y6.12%
EPS Next 3Y8.29%
EPS Next 5Y5.98%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%3.52%
Revenue Next Year-0.1%
Revenue Next 2Y1.53%
Revenue Next 3Y0.24%
Revenue Next 5Y1.09%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year73.94%
EBIT Next 3Y24.05%
EBIT Next 5Y15.92%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%

ENBRIDGE INC - ENBCN 5.412 PERP / ENB-PR-D.CA FAQ

What is the ChartMill fundamental rating of ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to ENB-PR-D.CA.


Can you provide the valuation status for ENBRIDGE INC - ENBCN 5.412 PERP?

ChartMill assigns a valuation rating of 8 / 10 to ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA). This can be considered as Undervalued.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 5.412 PERP?

ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) has a profitability rating of 6 / 10.


How financially healthy is ENBRIDGE INC - ENBCN 5.412 PERP?

The financial health rating of ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) is 2 / 10.


What is the earnings growth outlook for ENBRIDGE INC - ENBCN 5.412 PERP?

The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) is expected to grow by 3.71% in the next year.