Logo image of ENB-PR-G.CA

ENBRIDGE INC - ENBCN 4.66 PERP (ENB-PR-G.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:ENB-PR-G - CA29250N8576

22.94 CAD
0 (0%)
Last: 12/29/2025, 7:00:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ENB-PR-G. ENB-PR-G was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-G 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-G.


Dividend Valuation Growth Profitability Health

7

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.
Each year in the past 5 years ENB-PR-G has been profitable.
ENB-PR-G had a positive operating cash flow in each of the past 5 years.
ENB-PR-G.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-G.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 0 5B 10B

1.2 Ratios

The Return On Assets of ENB-PR-G (2.59%) is better than 62.62% of its industry peers.
ENB-PR-G has a better Return On Equity (8.61%) than 70.09% of its industry peers.
ENB-PR-G has a better Return On Invested Capital (4.12%) than 68.69% of its industry peers.
ENB-PR-G had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.42%.
The last Return On Invested Capital (4.12%) for ENB-PR-G is above the 3 year average (3.99%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROIC 4.12%
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
ENB-PR-G.CA Yearly ROA, ROE, ROICENB-PR-G.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

ENB-PR-G has a better Profit Margin (8.74%) than 66.82% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-G has declined.
Looking at the Operating Margin, with a value of 16.91%, ENB-PR-G is in the better half of the industry, outperforming 69.16% of the companies in the same industry.
ENB-PR-G's Operating Margin has improved in the last couple of years.
The Gross Margin of ENB-PR-G (41.11%) is better than 62.15% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-G has grown nicely.
Industry RankSector Rank
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
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%
ENB-PR-G.CA Yearly Profit, Operating, Gross MarginsENB-PR-G.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-G 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.
ENB-PR-G.CA Yearly Shares OutstandingENB-PR-G.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
ENB-PR-G.CA Yearly Total Debt VS Total AssetsENB-PR-G.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

ENB-PR-G has an Altman-Z score of 0.52. This is a bad value and indicates that ENB-PR-G is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ENB-PR-G (0.52) is comparable to the rest of the industry.
The Debt to FCF ratio of ENB-PR-G is 25.58, which is on the high side as it means it would take ENB-PR-G, 25.58 years of fcf income to pay off all of its debts.
ENB-PR-G has a better Debt to FCF ratio (25.58) than 66.36% of its industry peers.
A Debt/Equity ratio of 1.56 is on the high side and indicates that ENB-PR-G has dependencies on debt financing.
ENB-PR-G's Debt to Equity ratio of 1.56 is on the low side compared to the rest of the industry. ENB-PR-G is outperformed by 64.49% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.52
ROIC/WACC0.6
WACC6.85%
ENB-PR-G.CA Yearly LT Debt VS Equity VS FCFENB-PR-G.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

ENB-PR-G has a Current Ratio of 0.80. 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.
Looking at the Current ratio, with a value of 0.80, ENB-PR-G is in line with its industry, outperforming 53.27% of the companies in the same industry.
ENB-PR-G has a Quick Ratio of 0.80. 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 (0.68) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
ENB-PR-G.CA Yearly Current Assets VS Current LiabilitesENB-PR-G.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 7.43% 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.
The Revenue has grown by 32.29% in the past year. This is a very strong growth!
ENB-PR-G shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
EPS 1Y (TTM)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%

3.2 Future

The Earnings Per Share is expected to grow by 7.51% on average over the next years.
Based on estimates for the next years, ENB-PR-G will show a small growth in Revenue. The Revenue will grow by 7.45% on average per year.
EPS Next Y4.84%
EPS Next 2Y5.66%
EPS Next 3Y6.96%
EPS Next 5Y7.51%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.45%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ENB-PR-G.CA Yearly Revenue VS EstimatesENB-PR-G.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-G.CA Yearly EPS VS EstimatesENB-PR-G.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 5

7

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 7.94, which indicates a rather cheap valuation of ENB-PR-G.
ENB-PR-G's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-G is cheaper than 82.71% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. ENB-PR-G is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.34, the valuation of ENB-PR-G can be described as very cheap.
ENB-PR-G's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENB-PR-G is cheaper than 83.18% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.57, ENB-PR-G is valued rather cheaply.
Industry RankSector Rank
PE 7.94
Fwd PE 7.34
ENB-PR-G.CA Price Earnings VS Forward Price EarningsENB-PR-G.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

64.49% of the companies in the same industry are more expensive than ENB-PR-G, based on the Enterprise Value to EBITDA ratio.
76.64% of the companies in the same industry are more expensive than ENB-PR-G, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 12.34
EV/EBITDA 9.19
ENB-PR-G.CA Per share dataENB-PR-G.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

ENB-PR-G's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ENB-PR-G may justify a higher PE ratio.
PEG (NY)1.64
PEG (5Y)7.17
EPS Next 2Y5.66%
EPS Next 3Y6.96%

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 6.02%, ENB-PR-G is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.73, ENB-PR-G pays a better dividend. On top of this ENB-PR-G pays more dividend than 84.11% of the companies listed in the same industry.
ENB-PR-G's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
Industry RankSector Rank
Dividend Yield 6.02%

5.2 History

The dividend of ENB-PR-G has a limited annual growth rate of 4.10%.
ENB-PR-G has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years1
ENB-PR-G.CA Yearly Dividends per shareENB-PR-G.CA Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

ENB-PR-G pays out 152.61% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PR-G is growing, but earnings are growing more, so the dividend growth is sustainable.
DP152.61%
EPS Next 2Y5.66%
EPS Next 3Y6.96%
ENB-PR-G.CA Yearly Income VS Free CF VS DividendENB-PR-G.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B
ENB-PR-G.CA Dividend Payout.ENB-PR-G.CA Dividend Payout, showing the Payout Ratio.ENB-PR-G.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 4.66 PERP

TSX:ENB-PR-G (12/29/2025, 7:00:00 PM)

22.94

0 (0%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07 2025-11-07/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners55.47%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap50.04B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target23.48 (2.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.02%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years1
Div Non Decr Years1
Ex-Date02-17 2026-02-17 (0.29836)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)9.95%
PT rev (3m)6.2%
EPS NQ rev (1m)0.68%
EPS NQ rev (3m)-1.49%
EPS NY rev (1m)-2.72%
EPS NY rev (3m)-2.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.18%
Revenue NY rev (1m)5.94%
Revenue NY rev (3m)4.93%
Valuation
Industry RankSector Rank
PE 7.94
Fwd PE 7.34
P/S 0.78
P/FCF 12.34
P/OCF 3.9
P/B 0.77
P/tB 1.98
EV/EBITDA 9.19
EPS(TTM)2.89
EY12.6%
EPS(NY)3.13
Fwd EY13.63%
FCF(TTM)1.86
FCFY8.1%
OCF(TTM)5.88
OCFY25.62%
SpS29.45
BVpS29.88
TBVpS11.57
PEG (NY)1.64
PEG (5Y)7.17
Graham Number44.08
Profitability
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROCE 5.38%
ROIC 4.12%
ROICexc 4.14%
ROICexgc 5.17%
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
FCFM 6.31%
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%
ROICexgc growth 3Y-2.31%
ROICexgc 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 RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Debt/EBITDA 6.2
Cap/Depr 157.09%
Cap/Sales 13.65%
Interest Coverage 250
Cash Conversion 77.99%
Profit Quality 72.23%
Current Ratio 0.8
Quick Ratio 0.68
Altman-Z 0.52
F-Score5
WACC6.85%
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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
EPS Next Y4.84%
EPS Next 2Y5.66%
EPS Next 3Y6.96%
EPS Next 5Y7.51%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.45%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.02%
EBIT Next 3Y24.16%
EBIT Next 5Y16.05%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%

ENBRIDGE INC - ENBCN 4.66 PERP / ENB-PR-G.CA FAQ

What is the fundamental rating for ENB-PR-G stock?

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


Can you provide the valuation status for ENBRIDGE INC - ENBCN 4.66 PERP?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 4.66 PERP (ENB-PR-G.CA). This can be considered as Undervalued.


Can you provide the profitability details for ENBRIDGE INC - ENBCN 4.66 PERP?

ENBRIDGE INC - ENBCN 4.66 PERP (ENB-PR-G.CA) has a profitability rating of 7 / 10.


How financially healthy is ENBRIDGE INC - ENBCN 4.66 PERP?

The financial health rating of ENBRIDGE INC - ENBCN 4.66 PERP (ENB-PR-G.CA) is 2 / 10.


Is the dividend of ENBRIDGE INC - ENBCN 4.66 PERP sustainable?

The dividend rating of ENBRIDGE INC - ENBCN 4.66 PERP (ENB-PR-G.CA) is 5 / 10 and the dividend payout ratio is 152.61%.