ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-D - CA29250N8816
20.79 CAD
+0.09 (+0.43%)
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. ENB-PR-D scores excellent on profitability, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-D. ENB-PR-D also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-D had positive earnings in the past year.
In the past year ENB-PR-D had a positive cash flow from operations.
ENB-PR-D had positive earnings in each of the past 5 years.
ENB-PR-D had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ENB-PR-D (2.94%) is better than 66.04% of its industry peers.
ENB-PR-D has a better Return On Equity (9.51%) than 74.06% of its industry peers.
ENB-PR-D's Return On Invested Capital of 4.33% is fine compared to the rest of the industry. ENB-PR-D outperforms 68.87% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-D is below the industry average of 6.85%.
The 3 year average ROIC (3.99%) for ENB-PR-D 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
Looking at the Profit Margin, with a value of 9.65%, ENB-PR-D is in the better half of the industry, outperforming 68.40% of the companies in the same industry.
ENB-PR-D's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 17.23%, ENB-PR-D is in the better half of the industry, outperforming 71.23% of the companies in the same industry.
In the last couple of years the Operating Margin of ENB-PR-D has grown nicely.
With a decent Gross Margin value of 40.92%, ENB-PR-D is doing good in the industry, outperforming 63.21% of the companies in the same industry.
In the last couple of years the Gross Margin of ENB-PR-D 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-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.
ENB-PR-D has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.53, 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 (0.53) which is comparable to the rest of the industry.
ENB-PR-D has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-D would need 20.73 years to pay back of all of its debts.
ENB-PR-D has a Debt to FCF ratio of 20.73. This is in the better half of the industry: ENB-PR-D outperforms 68.87% of its industry peers.
ENB-PR-D has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
ENB-PR-D has a Debt to Equity ratio of 1.50. This is in the lower half of the industry: ENB-PR-D underperforms 66.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.61
WACC7.15%
2.3 Liquidity
ENB-PR-D has a Current Ratio of 0.75. 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's Current ratio of 0.75 is in line compared to the rest of the industry. ENB-PR-D outperforms 43.87% of its industry peers.
ENB-PR-D has a Quick Ratio of 0.75. 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 0.65, ENB-PR-D is in line with its industry, outperforming 47.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
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 7.97%.
Measured over the past 5 years, ENB-PR-D shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
The Revenue has grown by 48.17% in the past year. This is a very strong growth!
Measured over the past years, ENB-PR-D 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-D is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.85% yearly.
ENB-PR-D is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.68% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 6.98, which indicates a rather cheap valuation of ENB-PR-D.
Based on the Price/Earnings ratio, ENB-PR-D is valued cheaper than 87.26% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENB-PR-D to the average of the S&P500 Index (27.90), we can say ENB-PR-D is valued rather cheaply.
The Price/Forward Earnings ratio is 6.42, which indicates a rather cheap valuation of ENB-PR-D.
ENB-PR-D's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENB-PR-D is cheaper than 86.79% of the companies in the same industry.
ENB-PR-D is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.36, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.98 | ||
| Fwd PE | 6.42 |
4.2 Price Multiples
ENB-PR-D's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENB-PR-D is cheaper than 65.57% of the companies 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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.3 | ||
| EV/EBITDA | 8.69 |
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)6.3
EPS Next 2Y7.57%
EPS Next 3Y7.73%
5. Dividend
5.1 Amount
ENB-PR-D has a Yearly Dividend Yield of 5.43%, which is a nice return.
Compared to an average industry Dividend Yield of 6.78, ENB-PR-D pays a better dividend. On top of this ENB-PR-D pays more dividend than 83.49% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ENB-PR-D pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
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
136.55% of the earnings are spent on dividend by ENB-PR-D. This is not a sustainable payout ratio.
ENB-PR-D'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 5.412 PERP
TSX:ENB-PR-D (10/3/2025, 7:00:00 PM)
20.79
+0.09 (+0.43%)
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 Cap45.34B
Analysts72.86
Price Target20.5 (-1.39%)
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 Years2
Div Non Decr Years11
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)-2.78%
PT rev (3m)-2.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.98 | ||
| Fwd PE | 6.42 | ||
| P/S | 0.7 | ||
| P/FCF | 9.3 | ||
| P/OCF | 3.51 | ||
| P/B | 0.69 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 8.69 |
EPS(TTM)2.98
EY14.33%
EPS(NY)3.24
Fwd EY15.58%
FCF(TTM)2.24
FCFY10.75%
OCF(TTM)5.93
OCFY28.51%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.84
PEG (5Y)6.3
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 | 0.53 |
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%