ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-F - CA29250N8659
21.17 CAD
+0.12 (+0.57%)
Overall ENB-PR-F gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-F against 212 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-F belongs to the best of the industry regarding profitability, 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
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.
Each year in the past 5 years ENB-PR-F had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ENB-PR-F (2.94%) is better than 65.57% of its industry peers.
ENB-PR-F has a better Return On Equity (9.51%) than 73.58% of its industry peers.
The Return On Invested Capital of ENB-PR-F (4.33%) is better than 68.40% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PR-F is below the industry average of 6.85%.
The last Return On Invested Capital (4.33%) for ENB-PR-F is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| 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-F is in the better half of the industry, outperforming 67.92% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB-PR-F has declined.
ENB-PR-F has a Operating Margin of 17.23%. This is in the better half of the industry: ENB-PR-F outperforms 70.75% of its industry peers.
ENB-PR-F's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 40.92%, ENB-PR-F is doing good in the industry, outperforming 62.74% of the companies in the same industry.
ENB-PR-F's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PR-F is destroying value.
Compared to 1 year ago, ENB-PR-F has more shares outstanding
The number of shares outstanding for ENB-PR-F has been increased compared to 5 years ago.
Compared to 1 year ago, ENB-PR-F has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that ENB-PR-F is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.53, ENB-PR-F is in line with its industry, outperforming 41.98% of the companies in the same industry.
ENB-PR-F has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-F would need 20.73 years to pay back of all of its debts.
The Debt to FCF ratio of ENB-PR-F (20.73) is better than 68.40% of its industry peers.
ENB-PR-F has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
ENB-PR-F has a worse Debt to Equity ratio (1.50) than 66.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.6
WACC7.16%
2.3 Liquidity
ENB-PR-F has a Current Ratio of 0.75. 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.
ENB-PR-F has a Current ratio (0.75) which is in line with its industry peers.
A Quick Ratio of 0.65 indicates that ENB-PR-F may have some problems paying its short term obligations.
ENB-PR-F has a Quick ratio (0.65) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.97% over the past year.
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 48.17%.
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)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
Based on estimates for the next years, ENB-PR-F will show a small growth in Earnings Per Share. The EPS will grow by 7.85% on average per year.
Based on estimates for the next years, ENB-PR-F will show a small growth in Revenue. The Revenue will grow by 6.68% on average per year.
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
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
ENB-PR-F is valuated cheaply with a Price/Earnings ratio of 7.10.
Based on the Price/Earnings ratio, ENB-PR-F is valued cheaply inside the industry as 85.38% of the companies are valued more expensively.
ENB-PR-F is valuated cheaply when we compare the Price/Earnings ratio to 27.86, which is the current average of the S&P500 Index.
ENB-PR-F is valuated cheaply with a Price/Forward Earnings ratio of 6.53.
85.85% of the companies in the same industry are more expensive than ENB-PR-F, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.32. ENB-PR-F is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.1 | ||
| Fwd PE | 6.53 |
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 64.62% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENB-PR-F is valued cheaply inside the industry as 82.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.47 | ||
| EV/EBITDA | 8.74 |
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)0.85
PEG (5Y)6.42
EPS Next 2Y7.57%
EPS Next 3Y7.73%
5. Dividend
5.1 Amount
ENB-PR-F 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-F pays a better dividend. On top of this ENB-PR-F pays more dividend than 83.96% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ENB-PR-F pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
5.2 History
The dividend of ENB-PR-F has a limited annual growth rate of 4.10%.
ENB-PR-F has paid a dividend for at least 10 years, which is a reliable track record.
ENB-PR-F 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 Years12
5.3 Sustainability
136.55% of the earnings are spent on dividend by ENB-PR-F. 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.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
ENBRIDGE INC - ENBCN 5.538 PERP
TSX:ENB-PR-F (10/3/2025, 7:00:00 PM)
21.17
+0.12 (+0.57%)
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 Cap46.17B
Analysts72.86
Price Target20.85 (-1.51%)
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 Years12
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)-2.32%
PT rev (3m)-3.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.44%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.37%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.1 | ||
| Fwd PE | 6.53 | ||
| P/S | 0.72 | ||
| P/FCF | 9.47 | ||
| P/OCF | 3.57 | ||
| P/B | 0.71 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 8.74 |
EPS(TTM)2.98
EY14.08%
EPS(NY)3.24
Fwd EY15.3%
FCF(TTM)2.24
FCFY10.56%
OCF(TTM)5.93
OCFY28%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.85
PEG (5Y)6.42
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
WACC7.16%
ROIC/WACC0.6
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%