ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) Fundamental Analysis & Valuation

TSX:ENB-PR-F • CA29250N8659

22.57 CAD
+0.02 (+0.09%)
Last: Mar 3, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This ENB-PR-F.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Taking everything into account, ENB-PR-F scores 5 out of 10 in our fundamental rating. ENB-PR-F was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PR-F while its profitability can be described as average. ENB-PR-F is valued quite cheap, while showing a decent growth score. This is a good combination! Finally ENB-PR-F also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. ENB-PR-F.CA Profitability Analysis

1.1 Basic Checks

  • In the past year ENB-PR-F was profitable.
  • ENB-PR-F had a positive operating cash flow in the past year.
  • ENB-PR-F had positive earnings in each of the past 5 years.
  • ENB-PR-F had a positive operating cash flow in each of the past 5 years.
ENB-PR-F.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-F.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 2025 0 5B 10B

1.2 Ratios

  • ENB-PR-F's Return On Assets of 3.24% is fine compared to the rest of the industry. ENB-PR-F outperforms 71.90% of its industry peers.
  • ENB-PR-F has a Return On Equity of 11.35%. This is in the better half of the industry: ENB-PR-F outperforms 79.52% of its industry peers.
  • With a decent Return On Invested Capital value of 4.46%, ENB-PR-F is doing good in the industry, outperforming 68.10% of the companies in the same industry.
  • ENB-PR-F had an Average Return On Invested Capital over the past 3 years of 4.22%. This is below the industry average of 6.66%.
  • The last Return On Invested Capital (4.46%) for ENB-PR-F is above the 3 year average (4.22%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.24%
ROE 11.35%
ROIC 4.46%
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ENB-PR-F.CA Yearly ROA, ROE, ROICENB-PR-F.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • The Profit Margin of ENB-PR-F (10.85%) is better than 72.86% of its industry peers.
  • In the last couple of years the Profit Margin of ENB-PR-F has grown nicely.
  • ENB-PR-F has a better Operating Margin (17.37%) than 72.86% of its industry peers.
  • ENB-PR-F's Operating Margin has declined in the last couple of years.
  • ENB-PR-F has a better Gross Margin (41.37%) than 67.14% of its industry peers.
  • In the last couple of years the Gross Margin of ENB-PR-F has declined.
Industry RankSector Rank
OM 17.37%
PM (TTM) 10.85%
GM 41.37%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
ENB-PR-F.CA Yearly Profit, Operating, Gross MarginsENB-PR-F.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. ENB-PR-F.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PR-F is destroying value.
  • ENB-PR-F has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for ENB-PR-F has been increased compared to 5 years ago.
  • ENB-PR-F has a worse debt/assets ratio than last year.
ENB-PR-F.CA Yearly Shares OutstandingENB-PR-F.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
ENB-PR-F.CA Yearly Total Debt VS Total AssetsENB-PR-F.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B

2.2 Solvency

  • ENB-PR-F has an Altman-Z score of 0.48. This is a bad value and indicates that ENB-PR-F is not financially healthy and even has some risk of bankruptcy.
  • ENB-PR-F has a Altman-Z score of 0.48. This is comparable to the rest of the industry: ENB-PR-F outperforms 43.81% of its industry peers.
  • ENB-PR-F has a debt to FCF ratio of 33.90. This is a negative value and a sign of low solvency as ENB-PR-F would need 33.90 years to pay back of all of its debts.
  • ENB-PR-F has a better Debt to FCF ratio (33.90) than 64.76% of its industry peers.
  • A Debt/Equity ratio of 1.61 is on the high side and indicates that ENB-PR-F has dependencies on debt financing.
  • ENB-PR-F has a Debt to Equity ratio of 1.61. This is in the lower half of the industry: ENB-PR-F underperforms 64.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Altman-Z 0.48
ROIC/WACC0.72
WACC6.18%
ENB-PR-F.CA Yearly LT Debt VS Equity VS FCFENB-PR-F.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B 80B

2.3 Liquidity

  • A Current Ratio of 0.63 indicates that ENB-PR-F may have some problems paying its short term obligations.
  • ENB-PR-F has a Current ratio (0.63) which is in line with its industry peers.
  • A Quick Ratio of 0.55 indicates that ENB-PR-F may have some problems paying its short term obligations.
  • ENB-PR-F has a Quick ratio of 0.55. This is comparable to the rest of the industry: ENB-PR-F outperforms 44.76% of its industry peers.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.55
ENB-PR-F.CA Yearly Current Assets VS Current LiabilitesENB-PR-F.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. ENB-PR-F.CA Growth Analysis

3.1 Past

  • ENB-PR-F shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.86%.
  • The Earnings Per Share has been growing slightly by 4.44% on average over the past years.
  • ENB-PR-F shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.92%.
  • The Revenue has been growing by 10.77% on average over the past years. This is quite good.
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.83% on average over the next years.
  • ENB-PR-F is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.12% yearly.
EPS Next Y2.97%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
EPS Next 5Y5.83%
Revenue Next Year-1.15%
Revenue Next 2Y0.83%
Revenue Next 3Y0.21%
Revenue Next 5Y1.12%

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 decreasing: in the next years the growth will be less than in the last years.
ENB-PR-F.CA Yearly Revenue VS EstimatesENB-PR-F.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-F.CA Yearly EPS VS EstimatesENB-PR-F.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

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7

4. ENB-PR-F.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.47, the valuation of ENB-PR-F can be described as very cheap.
  • Based on the Price/Earnings ratio, ENB-PR-F is valued cheaper than 88.10% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of ENB-PR-F to the average of the S&P500 Index (26.83), we can say ENB-PR-F is valued rather cheaply.
  • A Price/Forward Earnings ratio of 7.26 indicates a rather cheap valuation of ENB-PR-F.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PR-F indicates a rather cheap valuation: ENB-PR-F is cheaper than 90.00% of the companies listed in the same industry.
  • ENB-PR-F's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.95.
Industry RankSector Rank
PE 7.47
Fwd PE 7.26
ENB-PR-F.CA Price Earnings VS Forward Price EarningsENB-PR-F.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • ENB-PR-F's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENB-PR-F is cheaper than 67.62% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PR-F indicates a somewhat cheap valuation: ENB-PR-F is cheaper than 77.14% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 15.86
EV/EBITDA 8.96
ENB-PR-F.CA Per share dataENB-PR-F.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 ENB-PR-F does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of ENB-PR-F may justify a higher PE ratio.
PEG (NY)2.52
PEG (5Y)1.68
EPS Next 2Y5.74%
EPS Next 3Y8.03%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

8

5. ENB-PR-F.CA Dividend Analysis

5.1 Amount

  • ENB-PR-F has a Yearly Dividend Yield of 6.11%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.11, ENB-PR-F pays a better dividend. On top of this ENB-PR-F pays more dividend than 85.24% of the companies listed in the same industry.
  • ENB-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 6.11%

5.2 History

  • The dividend of ENB-PR-F has a limited annual growth rate of 2.95%.
  • ENB-PR-F has been paying a dividend for at least 10 years, so it has a reliable track record.
  • ENB-PR-F has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.95%
Div Incr Years2
Div Non Decr Years12
ENB-PR-F.CA Yearly Dividends per shareENB-PR-F.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-F pays out 122.16% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of ENB-PR-F is growing, but earnings are growing more, so the dividend growth is sustainable.
DP122.16%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
ENB-PR-F.CA Yearly Income VS Free CF VS DividendENB-PR-F.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B
ENB-PR-F.CA Dividend Payout.ENB-PR-F.CA Dividend Payout, showing the Payout Ratio.ENB-PR-F.CA Dividend Payout.PayoutRetained Earnings

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ENB-PR-F.CA Fundamentals: All Metrics, Ratios and Statistics

ENBRIDGE INC - ENBCN 5.538 PERP

TSX:ENB-PR-F (3/3/2026, 7:00:00 PM)

22.57

+0.02 (+0.09%)

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 Cap49.24B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts72.14
Price Target22.9 (1.46%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.11%
Yearly Dividend3.96
Dividend Growth(5Y)2.95%
DP122.16%
Div Incr Years2
Div Non Decr Years12
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.59%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.62%
EPS beat(4)3
Avg EPS beat(4)4.97%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.62%
EPS beat(8)4
Avg EPS beat(8)2.41%
EPS beat(12)5
Avg EPS beat(12)1.05%
EPS beat(16)6
Avg EPS beat(16)-0.39%
Revenue beat(2)2
Avg Revenue beat(2)1.4%
Min Revenue beat(2)0.91%
Max Revenue beat(2)1.89%
Revenue beat(4)4
Avg Revenue beat(4)14.04%
Min Revenue beat(4)0.91%
Max Revenue beat(4)28.78%
Revenue beat(8)8
Avg Revenue beat(8)48.45%
Revenue beat(12)8
Avg Revenue beat(12)26.69%
Revenue beat(16)10
Avg Revenue beat(16)20.02%
PT rev (1m)-7.67%
PT rev (3m)0.96%
EPS NQ rev (1m)1.21%
EPS NQ rev (3m)-4.55%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.14%
Revenue NQ rev (1m)-6.52%
Revenue NQ rev (3m)-7.7%
Revenue NY rev (1m)-1.18%
Revenue NY rev (3m)6%
Valuation
Industry RankSector Rank
PE 7.47
Fwd PE 7.26
P/S 0.76
P/FCF 15.86
P/OCF 4.01
P/B 0.79
P/tB 2.14
EV/EBITDA 8.96
EPS(TTM)3.02
EY13.38%
EPS(NY)3.11
Fwd EY13.78%
FCF(TTM)1.42
FCFY6.31%
OCF(TTM)5.62
OCFY24.92%
SpS29.88
BVpS28.57
TBVpS10.57
PEG (NY)2.52
PEG (5Y)1.68
Graham Number44.06
Profitability
Industry RankSector Rank
ROA 3.24%
ROE 11.35%
ROCE 5.73%
ROIC 4.46%
ROICexc 4.49%
ROICexgc 5.6%
OM 17.37%
PM (TTM) 10.85%
GM 41.37%
FCFM 4.76%
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ROICexc(3y)4.29%
ROICexc(5y)4.2%
ROICexgc(3y)5.45%
ROICexgc(5y)5.39%
ROCE(3y)5.41%
ROCE(5y)5.33%
ROICexgc growth 3Y2.49%
ROICexgc growth 5Y0.68%
ROICexc growth 3Y3.74%
ROICexc growth 5Y1.66%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
F-Score6
Asset Turnover0.3
Health
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Debt/EBITDA 5.9
Cap/Depr 161.9%
Cap/Sales 14.06%
Interest Coverage 2.3
Cash Conversion 72.25%
Profit Quality 43.91%
Current Ratio 0.63
Quick Ratio 0.55
Altman-Z 0.48
F-Score6
WACC6.18%
ROIC/WACC0.72
Cap/Depr(3y)133.91%
Cap/Depr(5y)144.7%
Cap/Sales(3y)12.73%
Cap/Sales(5y)12.89%
Profit Quality(3y)105.27%
Profit Quality(5y)116.67%
High Growth Momentum
Growth
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
EPS Next Y2.97%
EPS Next 2Y5.74%
EPS Next 3Y8.03%
EPS Next 5Y5.83%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%
Revenue Next Year-1.15%
Revenue Next 2Y0.83%
Revenue Next 3Y0.21%
Revenue Next 5Y1.12%
EBIT growth 1Y15.61%
EBIT growth 3Y11.21%
EBIT growth 5Y7.86%
EBIT Next Year52.52%
EBIT Next 3Y19.59%
EBIT Next 5Y13.07%
FCF growth 1Y-45.24%
FCF growth 3Y-21.46%
FCF growth 5Y-5.69%
OCF growth 1Y-2.62%
OCF growth 3Y3%
OCF growth 5Y4.64%

ENBRIDGE INC - ENBCN 5.538 PERP / ENB-PR-F.CA FAQ

Can you provide the ChartMill fundamental rating for ENBRIDGE INC - ENBCN 5.538 PERP?

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


What is the valuation status for ENB-PR-F stock?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA). This can be considered as Undervalued.


How profitable is ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) stock?

ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for ENB-PR-F stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) is 7.47 and the Price/Book (PB) ratio is 0.79.


How sustainable is the dividend of ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) stock?

The dividend rating of ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) is 8 / 10 and the dividend payout ratio is 122.16%.