ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) Stock Fundamental Analysis
TSX:ENB-PR-H - Toronto Stock Exchange - CA29250N8402 - Currency: CAD
We assign a fundamental rating of 5 out of 10 to ENB-PR-H. ENB-PR-H was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-H scores excellent on profitability, but there are concerns on its financial health. ENB-PR-H is valued quite cheap, while showing a decent growth score. This is a good combination! Finally ENB-PR-H also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-H had positive earnings in the past year.
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.
Each year in the past 5 years ENB-PR-H had a positive operating cash flow.
1.2 Ratios
ENB-PR-H has a Return On Assets of 2.68%. This is in the better half of the industry: ENB-PR-H outperforms 61.32% of its industry peers.
With a decent Return On Equity value of 8.64%, ENB-PR-H is doing good in the industry, outperforming 66.98% of the companies in the same industry.
ENB-PR-H's Return On Invested Capital of 4.07% is fine compared to the rest of the industry. ENB-PR-H outperforms 64.15% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PR-H is below the industry average of 7.33%.
The 3 year average ROIC (3.99%) for ENB-PR-H is below the current ROIC(4.07%), indicating increased profibility in the last year.
| 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
ENB-PR-H has a better Profit Margin (9.67%) than 66.98% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-H has declined.
The Operating Margin of ENB-PR-H (17.53%) is better than 64.62% of its industry peers.
ENB-PR-H's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 42.37%, ENB-PR-H perfoms like the industry average, outperforming 58.49% of the companies in the same industry.
ENB-PR-H'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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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.
The debt/assets ratio for ENB-PR-H is higher compared to a year ago.
2.2 Solvency
ENB-PR-H has an Altman-Z score of 0.48. This is a bad value and indicates that ENB-PR-H is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ENB-PR-H (0.48) is comparable to the rest of the industry.
ENB-PR-H has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-H would need 20.56 years to pay back of all of its debts.
The Debt to FCF ratio of ENB-PR-H (20.56) is better than 60.38% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PR-H has dependencies on debt financing.
The Debt to Equity ratio of ENB-PR-H (1.44) is worse than 70.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.56
WACC7.26%
2.3 Liquidity
ENB-PR-H has a Current Ratio of 0.73. This is a bad value and indicates that ENB-PR-H is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of ENB-PR-H (0.73) is comparable to the rest of the industry.
A Quick Ratio of 0.66 indicates that ENB-PR-H may have some problems paying its short term obligations.
With a Quick ratio value of 0.66, ENB-PR-H perfoms like the industry average, outperforming 48.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.75% over the past year.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
ENB-PR-H shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.00%.
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
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 8.20% on average over the next years. This is quite good.
ENB-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.41% yearly.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.2%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.41%
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
A Price/Earnings ratio of 7.22 indicates a rather cheap valuation of ENB-PR-H.
Based on the Price/Earnings ratio, ENB-PR-H is valued cheaply inside the industry as 80.66% of the companies are valued more expensively.
ENB-PR-H's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.65.
A Price/Forward Earnings ratio of 6.46 indicates a rather cheap valuation of ENB-PR-H.
78.30% of the companies in the same industry are more expensive than ENB-PR-H, based on the Price/Forward Earnings ratio.
ENB-PR-H is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.22 | ||
| Fwd PE | 6.46 |
4.2 Price Multiples
ENB-PR-H's Enterprise Value to EBITDA ratio is in line with the industry average.
ENB-PR-H's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-H is cheaper than 78.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.13 | ||
| EV/EBITDA | 9.08 |
4.3 Compensation for Growth
ENB-PR-H's 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)0.87
PEG (5Y)6.52
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.79%, ENB-PR-H is a good candidate for dividend investing.
ENB-PR-H's Dividend Yield is rather good when compared to the industry average which is at 6.21. ENB-PR-H pays more dividend than 88.21% of the companies in the same industry.
ENB-PR-H's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
5.2 History
The dividend of ENB-PR-H has a limited annual growth rate of 4.10%.
ENB-PR-H has paid a dividend for at least 10 years, which is a reliable track record.
ENB-PR-H 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
ENB-PR-H pays out 142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 6.112 PERP
TSX:ENB-PR-H (6/23/2025, 7:00:00 PM)
21
+0.06 (+0.29%)
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 Cap45.78B
Analysts72.14
Price Target22.61 (7.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years2
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.86%
Min EPS beat(2)-0.67%
Max EPS beat(2)6.39%
EPS beat(4)1
Avg EPS beat(4)-1.5%
Min EPS beat(4)-9.75%
Max EPS beat(4)6.39%
EPS beat(8)3
Avg EPS beat(8)-0.03%
EPS beat(12)4
Avg EPS beat(12)-1.51%
EPS beat(16)6
Avg EPS beat(16)-0.67%
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)10.71%
PT rev (3m)4.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.22 | ||
| Fwd PE | 6.46 | ||
| P/S | 0.75 | ||
| P/FCF | 9.13 | ||
| P/OCF | 3.66 | ||
| P/B | 0.67 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 9.08 |
EPS(TTM)2.91
EY13.86%
EPS(NY)3.25
Fwd EY15.47%
FCF(TTM)2.3
FCFY10.96%
OCF(TTM)5.73
OCFY27.31%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.87
PEG (5Y)6.52
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 | 0.48 |
F-Score5
WACC7.26%
ROIC/WACC0.56
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)1.75%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%11.96%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.2%
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 5Y0.41%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y16.19%
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%