ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) Stock Fundamental Analysis
TSX:ENB-PR-F - Toronto Stock Exchange - CA29250N8659 - Currency: CAD
ENB-PR-F gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-F 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-F. ENB-PR-F also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-F had positive earnings in the past year.
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.
Each year in the past 5 years ENB-PR-F had a positive operating cash flow.
1.2 Ratios
ENB-PR-F has a better Return On Assets (2.68%) than 64.73% of its industry peers.
ENB-PR-F has a better Return On Equity (8.64%) than 69.08% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.07%, ENB-PR-F is in the better half of the industry, outperforming 65.70% of the companies in the same industry.
ENB-PR-F had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.37%.
The last Return On Invested Capital (4.07%) for ENB-PR-F is above the 3 year average (3.99%), which is a sign of increasing profitability.
| 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-F (9.67%) is better than 70.53% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-F has declined.
The Operating Margin of ENB-PR-F (17.53%) is better than 65.22% of its industry peers.
ENB-PR-F's Operating Margin has improved in the last couple of years.
ENB-PR-F's Gross Margin of 42.37% is fine compared to the rest of the industry. ENB-PR-F outperforms 60.87% of its industry peers.
ENB-PR-F's Gross Margin has improved in the last couple of years.
| 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
ENB-PR-F has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ENB-PR-F has been increased compared to 1 year ago.
Compared to 5 years ago, ENB-PR-F has more shares outstanding
ENB-PR-F has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.46, we must say that ENB-PR-F is in the distress zone and has some risk of bankruptcy.
ENB-PR-F has a Altman-Z score (0.46) which is comparable to the rest of the industry.
ENB-PR-F has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-F 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-F is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
ENB-PR-F has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
ENB-PR-F has a Debt to Equity ratio of 1.44. This is in the lower half of the industry: ENB-PR-F underperforms 70.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.46 |
ROIC/WACC0.58
WACC7.02%
2.3 Liquidity
ENB-PR-F has a Current Ratio of 0.73. This is a bad value and indicates that ENB-PR-F is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of ENB-PR-F (0.73) is comparable to the rest of the industry.
A Quick Ratio of 0.66 indicates that ENB-PR-F may have some problems paying its short term obligations.
ENB-PR-F has a Quick ratio (0.66) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
ENB-PR-F shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.36%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
Looking at the last year, ENB-PR-F shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
ENB-PR-F shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
EPS 1Y (TTM)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%54.45%
Revenue 1Y (TTM)43%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%67.62%
3.2 Future
The Earnings Per Share is expected to grow by 8.26% on average over the next years. This is quite good.
ENB-PR-F is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.28% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.28%
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.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PR-F is valuated cheaply with a Price/Earnings ratio of 6.90.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-F indicates a rather cheap valuation: ENB-PR-F is cheaper than 84.06% of the companies listed in the same industry.
ENB-PR-F is valuated cheaply when we compare the Price/Earnings ratio to 26.70, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 5.95, the valuation of ENB-PR-F can be described as very cheap.
84.06% of the companies in the same industry are more expensive than ENB-PR-F, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.49, ENB-PR-F is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.9 | ||
| Fwd PE | 5.95 |
4.2 Price Multiples
ENB-PR-F's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ENB-PR-F is valued cheaper than 82.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.4 | ||
| EV/EBITDA | 8.86 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ENB-PR-F may justify a higher PE ratio.
PEG (NY)0.83
PEG (5Y)6.23
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-F has a Yearly Dividend Yield of 6.01%, which is a nice return.
ENB-PR-F's Dividend Yield is rather good when compared to the industry average which is at 6.56. ENB-PR-F pays more dividend than 83.57% of the companies in the same industry.
ENB-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
5.2 History
The dividend of ENB-PR-F has a limited annual growth rate of 4.10%.
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)4.1%
Div Incr Years2
Div Non Decr Years12
5.3 Sustainability
142.15% of the earnings are spent on dividend by ENB-PR-F. This is not a sustainable payout ratio.
ENB-PR-F's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.538 PERP
TSX:ENB-PR-F (5/16/2025, 7:00:00 PM)
19.32
+0.08 (+0.42%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap42.12B
Analysts72.14
Price Target19.35 (0.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years2
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
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)-4.09%
PT rev (3m)-2.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.64%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)83.11%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)46.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.9 | ||
| Fwd PE | 5.95 | ||
| P/S | 0.69 | ||
| P/FCF | 8.4 | ||
| P/OCF | 3.37 | ||
| P/B | 0.62 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 8.86 |
EPS(TTM)2.8
EY14.49%
EPS(NY)3.25
Fwd EY16.82%
FCF(TTM)2.3
FCFY11.91%
OCF(TTM)5.73
OCFY29.68%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.83
PEG (5Y)6.23
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 | 0.46 |
F-Score5
WACC7.02%
ROIC/WACC0.58
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)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%54.45%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
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 5Y0.28%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.24%
EBIT Next 3Y24.16%
EBIT Next 5Y16.03%
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%