ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) Stock Fundamental Analysis
TSX:ENB-PR-H - CA29250N8402
22.24 CAD
+0.06 (+0.27%)
We assign a fundamental rating of 5 out of 10 to ENB-PR-H. ENB-PR-H was compared to 215 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-H has an excellent profitability rating, but there are concerns on its financial health. ENB-PR-H may be a bit undervalued, certainly considering the very reasonable score on growth ENB-PR-H also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-H was profitable.
ENB-PR-H had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PR-H has been profitable.
ENB-PR-H had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ENB-PR-H (2.94%) is better than 62.79% of its industry peers.
ENB-PR-H has a Return On Equity of 9.51%. This is in the better half of the industry: ENB-PR-H outperforms 70.70% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.33%, ENB-PR-H is in the better half of the industry, outperforming 66.51% of the companies in the same industry.
ENB-PR-H had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.99%.
The 3 year average ROIC (3.99%) for ENB-PR-H is below the current ROIC(4.33%), indicating increased profibility in the last year.
| 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
The Profit Margin of ENB-PR-H (9.65%) is better than 64.65% of its industry peers.
ENB-PR-H's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 17.23%, ENB-PR-H is doing good in the industry, outperforming 66.98% of the companies in the same industry.
In the last couple of years the Operating Margin of ENB-PR-H has grown nicely.
The Gross Margin of ENB-PR-H (40.92%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ENB-PR-H has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-H is destroying value.
Compared to 1 year ago, ENB-PR-H has more shares outstanding
ENB-PR-H has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ENB-PR-H has a worse debt to assets ratio.
2.2 Solvency
ENB-PR-H has an Altman-Z score of 0.54. This is a bad value and indicates that ENB-PR-H is not financially healthy and even has some risk of bankruptcy.
ENB-PR-H's Altman-Z score of 0.54 is in line compared to the rest of the industry. ENB-PR-H outperforms 47.91% of its industry peers.
The Debt to FCF ratio of ENB-PR-H is 20.73, which is on the high side as it means it would take ENB-PR-H, 20.73 years of fcf income to pay off all of its debts.
ENB-PR-H has a Debt to FCF ratio of 20.73. This is in the better half of the industry: ENB-PR-H outperforms 64.65% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PR-H has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.50, ENB-PR-H is doing worse than 69.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.58
WACC7.5%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PR-H may have some problems paying its short term obligations.
With a Current ratio value of 0.75, ENB-PR-H perfoms like the industry average, outperforming 42.33% of the companies in the same industry.
A Quick Ratio of 0.65 indicates that ENB-PR-H may have some problems paying its short term obligations.
The Quick ratio of ENB-PR-H (0.65) 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
ENB-PR-H shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.97%.
ENB-PR-H shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
ENB-PR-H shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.17%.
The Revenue has been growing slightly by 1.32% on average over the past years.
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
ENB-PR-H is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.64% yearly.
Based on estimates for the next years, ENB-PR-H will show a small growth in Revenue. The Revenue will grow by 6.47% on average per year.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.64%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
Revenue Next 5Y6.47%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.46, the valuation of ENB-PR-H can be described as very cheap.
ENB-PR-H's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-H is cheaper than 80.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENB-PR-H to the average of the S&P500 Index (26.84), we can say ENB-PR-H is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.95, the valuation of ENB-PR-H can be described as very cheap.
ENB-PR-H's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-H is cheaper than 79.53% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.48, ENB-PR-H is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.46 | ||
| Fwd PE | 6.95 |
4.2 Price Multiples
ENB-PR-H's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENB-PR-H is cheaper than 60.93% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENB-PR-H is valued a bit cheaper than the industry average as 79.07% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.95 | ||
| EV/EBITDA | 8.88 |
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.
ENB-PR-H has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)6.74
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PR-H has a Yearly Dividend Yield of 5.73%, which is a nice return.
ENB-PR-H's Dividend Yield is rather good when compared to the industry average which is at 6.00. ENB-PR-H pays more dividend than 88.37% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, ENB-PR-H pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.73% |
5.2 History
The dividend of ENB-PR-H has a limited annual growth rate of 4.10%.
ENB-PR-H has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-H 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
ENB-PR-H pays out 136.55% of its income as dividend. This is not a sustainable payout ratio.
ENB-PR-H's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 6.112 PERP
TSX:ENB-PR-H (9/3/2025, 7:00:00 PM)
22.24
+0.06 (+0.27%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners53.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap48.49B
Analysts73.57
Price Target22.36 (0.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.73% |
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)-5.25%
PT rev (3m)9.46%
EPS NQ rev (1m)3.22%
EPS NQ rev (3m)-13.7%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)20.39%
Revenue NQ rev (3m)133.19%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.46 | ||
| Fwd PE | 6.95 | ||
| P/S | 0.75 | ||
| P/FCF | 9.95 | ||
| P/OCF | 3.75 | ||
| P/B | 0.74 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 8.88 |
EPS(TTM)2.98
EY13.4%
EPS(NY)3.2
Fwd EY14.39%
FCF(TTM)2.24
FCFY10.05%
OCF(TTM)5.93
OCFY26.65%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.96
PEG (5Y)6.74
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 | 0.54 |
F-Score5
WACC7.5%
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.64%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.29%
Revenue Next 3Y10.83%
Revenue Next 5Y6.47%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.9%
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%