ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) Stock Fundamental Analysis
TSX:ENB-PR-D - Toronto Stock Exchange - CA29250N8816 - Currency: CAD
Overall ENB-PR-D gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-D against 214 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-D scores excellent on profitability, but there are concerns on its financial health. ENB-PR-D scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ENB-PR-D also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-D was profitable.
In the past year ENB-PR-D had a positive cash flow from operations.
Each year in the past 5 years ENB-PR-D has been profitable.
In the past 5 years ENB-PR-D always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.68%, ENB-PR-D is in the better half of the industry, outperforming 66.36% of the companies in the same industry.
With a decent Return On Equity value of 8.64%, ENB-PR-D is doing good in the industry, outperforming 71.50% of the companies in the same industry.
The Return On Invested Capital of ENB-PR-D (4.07%) is better than 68.69% of its industry peers.
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 7.31%.
The 3 year average ROIC (3.99%) for ENB-PR-D is below the current ROIC(4.07%), indicating increased profibility in the last year.
| 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
The Profit Margin of ENB-PR-D (9.67%) is better than 71.50% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-D has declined.
ENB-PR-D's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PR-D outperforms 68.69% 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 (42.37%) than 62.62% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-D has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-D is destroying value.
ENB-PR-D has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ENB-PR-D has been increased compared to 5 years ago.
The debt/assets ratio for ENB-PR-D is higher compared to a year ago.
2.2 Solvency
ENB-PR-D has an Altman-Z score of 0.47. This is a bad value and indicates that ENB-PR-D is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.47, ENB-PR-D is in line with its industry, outperforming 44.39% of the companies in the same industry.
ENB-PR-D has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-D would need 20.56 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 20.56, ENB-PR-D is in the better half of the industry, outperforming 64.95% of the companies in the same industry.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PR-D has dependencies on debt financing.
The Debt to Equity ratio of ENB-PR-D (1.44) is worse than 66.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.47 |
ROIC/WACC0.57
WACC7.19%
2.3 Liquidity
ENB-PR-D has a Current Ratio of 0.73. 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 (0.73) is comparable to the rest of the industry.
ENB-PR-D has a Quick Ratio of 0.73. 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.
Looking at the Quick ratio, with a value of 0.66, ENB-PR-D is in line with its industry, outperforming 52.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
ENB-PR-D shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.75%.
ENB-PR-D shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
The Revenue has grown by 43.00% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
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 7.83% 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 6.39% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
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 7.00, the valuation of ENB-PR-D can be described as very cheap.
Based on the Price/Earnings ratio, ENB-PR-D is valued cheaper than 85.51% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.18, ENB-PR-D is valued rather cheaply.
ENB-PR-D is valuated cheaply with a Price/Forward Earnings ratio of 6.27.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PR-D indicates a rather cheap valuation: ENB-PR-D is cheaper than 83.18% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ENB-PR-D to the average of the S&P500 Index (35.34), we can say ENB-PR-D is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 6.27 |
4.2 Price Multiples
62.15% of the companies in the same industry are more expensive than ENB-PR-D, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ENB-PR-D is valued cheaply inside the industry as 84.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.85 | ||
| EV/EBITDA | 9 |
4.3 Compensation for Growth
ENB-PR-D's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PR-D has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.84
PEG (5Y)6.32
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-D has a Yearly Dividend Yield of 6.60%, which is a nice return.
ENB-PR-D's Dividend Yield is rather good when compared to the industry average which is at 6.24. ENB-PR-D pays more dividend than 84.11% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, ENB-PR-D pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
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
5.3 Sustainability
ENB-PR-D pays out 142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.412 PERP
TSX:ENB-PR-D (7/15/2025, 7:00:00 PM)
20.37
+0.04 (+0.2%)
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 Cap44.41B
Analysts72.14
Price Target21.1 (3.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years2
Div Non Decr Years11
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)4.78%
PT rev (3m)5.24%
EPS NQ rev (1m)-1.14%
EPS NQ rev (3m)-12.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
Revenue NQ rev (1m)5.3%
Revenue NQ rev (3m)-8.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 6.27 | ||
| P/S | 0.73 | ||
| P/FCF | 8.85 | ||
| P/OCF | 3.55 | ||
| P/B | 0.65 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 9 |
EPS(TTM)2.91
EY14.29%
EPS(NY)3.25
Fwd EY15.95%
FCF(TTM)2.3
FCFY11.29%
OCF(TTM)5.73
OCFY28.15%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.84
PEG (5Y)6.32
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 | 0.47 |
F-Score5
WACC7.19%
ROIC/WACC0.57
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)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
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%