ENBRIDGE INC - ENBCN 5.15 PERP (ENB-PR-G.CA) Stock Fundamental Analysis
TSX:ENB-PR-G - Toronto Stock Exchange - CA29250N8576 - Currency: CAD
Taking everything into account, ENB-PR-G scores 4 out of 10 in our fundamental rating. ENB-PR-G was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PR-G while its profitability can be described as average. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-G.
1. Profitability
1.1 Basic Checks
ENB-PR-G had positive earnings in the past year.
In the past year ENB-PR-G had a positive cash flow from operations.
In the past 5 years ENB-PR-G has always been profitable.
In the past 5 years ENB-PR-G always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PR-G's Return On Assets of 2.31% is fine compared to the rest of the industry. ENB-PR-G outperforms 60.55% of its industry peers.
The Return On Equity of ENB-PR-G (7.67%) is better than 64.68% of its industry peers.
ENB-PR-G has a Return On Invested Capital (3.85%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-G is below the industry average of 7.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROIC | 3.85% |
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
ENB-PR-G has a better Profit Margin (9.45%) than 67.89% of its industry peers.
ENB-PR-G's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 18.31%, ENB-PR-G is in the better half of the industry, outperforming 65.14% of the companies in the same industry.
In the last couple of years the Operating Margin of ENB-PR-G has grown nicely.
The Gross Margin of ENB-PR-G (45.63%) is better than 63.76% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-G has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% |
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-G has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ENB-PR-G has more shares outstanding
Compared to 5 years ago, ENB-PR-G has more shares outstanding
The debt/assets ratio for ENB-PR-G is higher compared to a year ago.
2.2 Solvency
ENB-PR-G has an Altman-Z score of 0.38. This is a bad value and indicates that ENB-PR-G is not financially healthy and even has some risk of bankruptcy.
ENB-PR-G's Altman-Z score of 0.38 is in line compared to the rest of the industry. ENB-PR-G outperforms 49.08% of its industry peers.
The Debt to FCF ratio of ENB-PR-G is 17.93, which is on the high side as it means it would take ENB-PR-G, 17.93 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 17.93, ENB-PR-G is in the better half of the industry, outperforming 61.47% of the companies in the same industry.
ENB-PR-G has a Debt/Equity ratio of 1.43. This is a high value indicating a heavy dependency on external financing.
ENB-PR-G has a Debt to Equity ratio of 1.43. This is in the lower half of the industry: ENB-PR-G underperforms 72.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Altman-Z | 0.38 |
ROIC/WACC0.54
WACC7.16%
2.3 Liquidity
ENB-PR-G has a Current Ratio of 0.55. This is a bad value and indicates that ENB-PR-G is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-G has a Current ratio of 0.55. This is in the lower half of the industry: ENB-PR-G underperforms 63.30% of its industry peers.
ENB-PR-G has a Quick Ratio of 0.55. This is a bad value and indicates that ENB-PR-G is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-G has a Quick ratio of 0.49. This is in the lower half of the industry: ENB-PR-G underperforms 65.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.36% over the past year.
ENB-PR-G shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
ENB-PR-G shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.51%.
Measured over the past years, ENB-PR-G shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
EPS 1Y (TTM)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%17.19%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%43.54%
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-G 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 Year14.85%
Revenue Next 2Y9.07%
Revenue Next 3Y7.26%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.41, which indicates a rather cheap valuation of ENB-PR-G.
78.90% of the companies in the same industry are more expensive than ENB-PR-G, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.88, ENB-PR-G is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.84, the valuation of ENB-PR-G can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENB-PR-G is valued a bit cheaper than the industry average as 75.23% of the companies are valued more expensively.
ENB-PR-G's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.41 | ||
| Fwd PE | 6.84 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PR-G.
ENB-PR-G's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-G is cheaper than 77.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.98 | ||
| EV/EBITDA | 9.66 |
4.3 Compensation for Growth
ENB-PR-G's 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-G may justify a higher PE ratio.
PEG (NY)0.89
PEG (5Y)6.69
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-G has a Yearly Dividend Yield of 5.87%, which is a nice return.
Compared to an average industry Dividend Yield of 7.45, ENB-PR-G pays a better dividend. On top of this ENB-PR-G pays more dividend than 88.53% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, ENB-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
5.2 History
The dividend of ENB-PR-G has a limited annual growth rate of 4.10%.
ENB-PR-G has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
ENB-PR-G pays out 163.51% of its income as dividend. This is not a sustainable payout ratio.
ENB-PR-G's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP163.51%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.15 PERP
TSX:ENB-PR-G (4/23/2025, 7:00:00 PM)
20.75
+0.02 (+0.1%)
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 Cap45.24B
Analysts71.11
Price Target21.46 (3.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP163.51%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.32%
Min EPS beat(2)-1.96%
Max EPS beat(2)-0.67%
EPS beat(4)1
Avg EPS beat(4)-0.15%
Min EPS beat(4)-9.75%
Max EPS beat(4)11.79%
EPS beat(8)2
Avg EPS beat(8)-0.91%
EPS beat(12)3
Avg EPS beat(12)-2.18%
EPS beat(16)6
Avg EPS beat(16)-0.23%
Revenue beat(2)2
Avg Revenue beat(2)113.16%
Min Revenue beat(2)108.58%
Max Revenue beat(2)117.73%
Revenue beat(4)4
Avg Revenue beat(4)82.85%
Min Revenue beat(4)8.67%
Max Revenue beat(4)117.73%
Revenue beat(8)4
Avg Revenue beat(8)33.02%
Revenue beat(12)6
Avg Revenue beat(12)22.01%
Revenue beat(16)9
Avg Revenue beat(16)19.55%
PT rev (1m)0%
PT rev (3m)-2.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.57%
EPS NY rev (1m)-1.38%
EPS NY rev (3m)1.33%
Revenue NQ rev (1m)21.34%
Revenue NQ rev (3m)81.24%
Revenue NY rev (1m)-0.75%
Revenue NY rev (3m)46.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.41 | ||
| Fwd PE | 6.84 | ||
| P/S | 0.85 | ||
| P/FCF | 7.98 | ||
| P/OCF | 3.59 | ||
| P/B | 0.69 | ||
| P/tB | 1.83 | ||
| EV/EBITDA | 9.66 |
EPS(TTM)2.8
EY13.49%
EPS(NY)3.03
Fwd EY14.62%
FCF(TTM)2.6
FCFY12.53%
OCF(TTM)5.78
OCFY27.85%
SpS24.53
BVpS30.23
TBVpS11.34
PEG (NY)0.89
PEG (5Y)6.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROCE | 5.02% | ||
| ROIC | 3.85% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 4.94% | ||
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% | ||
| FCFM | 10.6% |
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-Score4
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Debt/EBITDA | 6.28 | ||
| Cap/Depr | 134.12% | ||
| Cap/Sales | 12.96% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 84.22% | ||
| Profit Quality | 112.21% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 0.38 |
F-Score4
WACC7.16%
ROIC/WACC0.54
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%17.19%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%43.54%
Revenue Next Year14.85%
Revenue Next 2Y9.07%
Revenue Next 3Y7.26%
Revenue Next 5Y0.28%
EBIT growth 1Y10%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.24%
EBIT Next 3Y24.16%
EBIT Next 5Y16.03%
FCF growth 1Y-39.2%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-11.27%
OCF growth 3Y10.83%
OCF growth 5Y6.04%