ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) Fundamental Analysis & Valuation

TSX:ENB-PR-H • CA29250N8402

23.5 CAD
+0.01 (+0.04%)
Last: Mar 10, 2026, 07:00 PM

This ENB-PR-H.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

ENB-PR-H gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 212 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-H has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-H. Finally ENB-PR-H also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

1. ENB-PR-H.CA Profitability Analysis

1.1 Basic Checks

  • In the past year ENB-PR-H was profitable.
  • In the past year ENB-PR-H had a positive cash flow from operations.
  • ENB-PR-H had positive earnings in each of the past 5 years.
  • Each year in the past 5 years ENB-PR-H had a positive operating cash flow.
ENB-PR-H.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-H.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 2025 0 5B 10B

1.2 Ratios

  • ENB-PR-H's Return On Assets of 3.24% is fine compared to the rest of the industry. ENB-PR-H outperforms 67.92% of its industry peers.
  • ENB-PR-H has a better Return On Equity (11.35%) than 76.89% of its industry peers.
  • ENB-PR-H's Return On Invested Capital of 4.46% is fine compared to the rest of the industry. ENB-PR-H outperforms 64.62% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-H is below the industry average of 6.67%.
  • The last Return On Invested Capital (4.46%) for ENB-PR-H is above the 3 year average (4.22%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.24%
ROE 11.35%
ROIC 4.46%
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ENB-PR-H.CA Yearly ROA, ROE, ROICENB-PR-H.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • The Profit Margin of ENB-PR-H (10.85%) is better than 69.81% of its industry peers.
  • In the last couple of years the Profit Margin of ENB-PR-H has grown nicely.
  • ENB-PR-H's Operating Margin of 17.37% is fine compared to the rest of the industry. ENB-PR-H outperforms 69.81% of its industry peers.
  • In the last couple of years the Operating Margin of ENB-PR-H has declined.
  • With a decent Gross Margin value of 41.37%, ENB-PR-H is doing good in the industry, outperforming 66.51% of the companies in the same industry.
  • ENB-PR-H's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 17.37%
PM (TTM) 10.85%
GM 41.37%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
ENB-PR-H.CA Yearly Profit, Operating, Gross MarginsENB-PR-H.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

2

2. ENB-PR-H.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-H is destroying value.
  • ENB-PR-H has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for ENB-PR-H has been increased compared to 5 years ago.
  • The debt/assets ratio for ENB-PR-H is higher compared to a year ago.
ENB-PR-H.CA Yearly Shares OutstandingENB-PR-H.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
ENB-PR-H.CA Yearly Total Debt VS Total AssetsENB-PR-H.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B

2.2 Solvency

  • ENB-PR-H has an Altman-Z score of 0.49. 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 has a Altman-Z score of 0.49. This is comparable to the rest of the industry: ENB-PR-H outperforms 47.64% of its industry peers.
  • ENB-PR-H has a debt to FCF ratio of 33.90. This is a negative value and a sign of low solvency as ENB-PR-H would need 33.90 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 33.90, ENB-PR-H is doing good in the industry, outperforming 61.79% of the companies in the same industry.
  • ENB-PR-H has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
  • ENB-PR-H has a Debt to Equity ratio of 1.61. This is in the lower half of the industry: ENB-PR-H underperforms 66.98% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Altman-Z 0.49
ROIC/WACC0.74
WACC6.06%
ENB-PR-H.CA Yearly LT Debt VS Equity VS FCFENB-PR-H.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B 80B

2.3 Liquidity

  • ENB-PR-H has a Current Ratio of 0.63. 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.
  • ENB-PR-H's Current ratio of 0.63 is in line compared to the rest of the industry. ENB-PR-H outperforms 41.04% of its industry peers.
  • ENB-PR-H has a Quick Ratio of 0.63. 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.
  • Looking at the Quick ratio, with a value of 0.55, ENB-PR-H is in line with its industry, outperforming 41.51% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.55
ENB-PR-H.CA Yearly Current Assets VS Current LiabilitesENB-PR-H.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

5

3. ENB-PR-H.CA Growth Analysis

3.1 Past

  • ENB-PR-H shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.86%.
  • The Earnings Per Share has been growing slightly by 4.44% on average over the past years.
  • Looking at the last year, ENB-PR-H shows a very strong growth in Revenue. The Revenue has grown by 21.92%.
  • The Revenue has been growing by 10.77% on average over the past years. This is quite good.
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%

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 4.39% yearly.
  • ENB-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.76% yearly.
EPS Next Y0.58%
EPS Next 2Y4.52%
EPS Next 3Y6.23%
EPS Next 5Y4.39%
Revenue Next Year-1.03%
Revenue Next 2Y1.41%
Revenue Next 3Y2.18%
Revenue Next 5Y0.76%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ENB-PR-H.CA Yearly Revenue VS EstimatesENB-PR-H.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-H.CA Yearly EPS VS EstimatesENB-PR-H.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

7

4. ENB-PR-H.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 7.78, which indicates a rather cheap valuation of ENB-PR-H.
  • ENB-PR-H's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-H is cheaper than 84.91% of the companies in the same industry.
  • ENB-PR-H is valuated cheaply when we compare the Price/Earnings ratio to 26.25, which is the current average of the S&P500 Index.
  • ENB-PR-H is valuated cheaply with a Price/Forward Earnings ratio of 7.74.
  • 86.79% of the companies in the same industry are more expensive than ENB-PR-H, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of ENB-PR-H to the average of the S&P500 Index (24.39), we can say ENB-PR-H is valued rather cheaply.
Industry RankSector Rank
PE 7.78
Fwd PE 7.74
ENB-PR-H.CA Price Earnings VS Forward Price EarningsENB-PR-H.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 65.57% of the companies in the same industry are more expensive than ENB-PR-H, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, ENB-PR-H is valued a bit cheaper than the industry average as 73.11% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 16.51
EV/EBITDA 9.08
ENB-PR-H.CA Per share dataENB-PR-H.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ENB-PR-H does not grow enough to justify the current Price/Earnings ratio.
  • ENB-PR-H has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)13.5
PEG (5Y)1.75
EPS Next 2Y4.52%
EPS Next 3Y6.23%

8

5. ENB-PR-H.CA Dividend Analysis

5.1 Amount

  • ENB-PR-H has a Yearly Dividend Yield of 6.74%, which is a nice return.
  • ENB-PR-H's Dividend Yield is rather good when compared to the industry average which is at 4.17. ENB-PR-H pays more dividend than 92.45% 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 1.82.
Industry RankSector Rank
Dividend Yield 6.74%

5.2 History

  • The dividend of ENB-PR-H has a limited annual growth rate of 2.95%.
  • 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)2.95%
Div Incr Years2
Div Non Decr Years12
ENB-PR-H.CA Yearly Dividends per shareENB-PR-H.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 122.16% of the earnings are spent on dividend by ENB-PR-H. This is not a sustainable payout ratio.
  • ENB-PR-H's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP122.16%
EPS Next 2Y4.52%
EPS Next 3Y6.23%
ENB-PR-H.CA Yearly Income VS Free CF VS DividendENB-PR-H.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B
ENB-PR-H.CA Dividend Payout.ENB-PR-H.CA Dividend Payout, showing the Payout Ratio.ENB-PR-H.CA Dividend Payout.PayoutRetained Earnings

ENB-PR-H.CA Fundamentals: All Metrics, Ratios and Statistics

ENBRIDGE INC - ENBCN 6.112 PERP

TSX:ENB-PR-H (3/10/2026, 7:00:00 PM)

23.5

+0.01 (+0.04%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)05-07
Inst Owners53.53%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap51.27B
Revenue(TTM)65.19B
Net Income(TTM)7.07B
Analysts70
Price Target23.74 (1.02%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.74%
Yearly Dividend3.96
Dividend Growth(5Y)2.95%
DP122.16%
Div Incr Years2
Div Non Decr Years12
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.59%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.62%
EPS beat(4)3
Avg EPS beat(4)4.97%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.62%
EPS beat(8)4
Avg EPS beat(8)2.41%
EPS beat(12)5
Avg EPS beat(12)1.05%
EPS beat(16)6
Avg EPS beat(16)-0.39%
Revenue beat(2)2
Avg Revenue beat(2)1.4%
Min Revenue beat(2)0.91%
Max Revenue beat(2)1.89%
Revenue beat(4)4
Avg Revenue beat(4)14.04%
Min Revenue beat(4)0.91%
Max Revenue beat(4)28.78%
Revenue beat(8)8
Avg Revenue beat(8)48.45%
Revenue beat(12)8
Avg Revenue beat(12)26.69%
Revenue beat(16)10
Avg Revenue beat(16)20.02%
PT rev (1m)-5.15%
PT rev (3m)-0.82%
EPS NQ rev (1m)1.08%
EPS NQ rev (3m)-4.42%
EPS NY rev (1m)-2.33%
EPS NY rev (3m)-3.89%
Revenue NQ rev (1m)-6.52%
Revenue NQ rev (3m)-7.6%
Revenue NY rev (1m)-1.07%
Revenue NY rev (3m)-0.57%
Valuation
Industry RankSector Rank
PE 7.78
Fwd PE 7.74
P/S 0.79
P/FCF 16.51
P/OCF 4.18
P/B 0.82
P/tB 2.22
EV/EBITDA 9.08
EPS(TTM)3.02
EY12.85%
EPS(NY)3.04
Fwd EY12.93%
FCF(TTM)1.42
FCFY6.06%
OCF(TTM)5.62
OCFY23.93%
SpS29.88
BVpS28.57
TBVpS10.57
PEG (NY)13.5
PEG (5Y)1.75
Graham Number44.06
Profitability
Industry RankSector Rank
ROA 3.24%
ROE 11.35%
ROCE 5.73%
ROIC 4.46%
ROICexc 4.49%
ROICexgc 5.6%
OM 17.37%
PM (TTM) 10.85%
GM 41.37%
FCFM 4.76%
ROA(3y)2.93%
ROA(5y)2.73%
ROE(3y)9.5%
ROE(5y)8.48%
ROIC(3y)4.22%
ROIC(5y)4.15%
ROICexc(3y)4.29%
ROICexc(5y)4.2%
ROICexgc(3y)5.45%
ROICexgc(5y)5.39%
ROCE(3y)5.41%
ROCE(5y)5.33%
ROICexgc growth 3Y2.49%
ROICexgc growth 5Y0.68%
ROICexc growth 3Y3.74%
ROICexc growth 5Y1.66%
OM growth 3Y3.99%
OM growth 5Y-2.63%
PM growth 3Y30.72%
PM growth 5Y7.29%
GM growth 3Y1.93%
GM growth 5Y-2.35%
F-Score6
Asset Turnover0.3
Health
Industry RankSector Rank
Debt/Equity 1.61
Debt/FCF 33.9
Debt/EBITDA 5.9
Cap/Depr 161.9%
Cap/Sales 14.06%
Interest Coverage 2.3
Cash Conversion 72.25%
Profit Quality 43.91%
Current Ratio 0.63
Quick Ratio 0.55
Altman-Z 0.49
F-Score6
WACC6.06%
ROIC/WACC0.74
Cap/Depr(3y)133.91%
Cap/Depr(5y)144.7%
Cap/Sales(3y)12.73%
Cap/Sales(5y)12.89%
Profit Quality(3y)105.27%
Profit Quality(5y)116.67%
High Growth Momentum
Growth
EPS 1Y (TTM)7.86%
EPS 3Y2.43%
EPS 5Y4.44%
EPS Q2Q%17.33%
EPS Next Y0.58%
EPS Next 2Y4.52%
EPS Next 3Y6.23%
EPS Next 5Y4.39%
Revenue 1Y (TTM)21.92%
Revenue growth 3Y6.94%
Revenue growth 5Y10.77%
Sales Q2Q%5.92%
Revenue Next Year-1.03%
Revenue Next 2Y1.41%
Revenue Next 3Y2.18%
Revenue Next 5Y0.76%
EBIT growth 1Y15.61%
EBIT growth 3Y11.21%
EBIT growth 5Y7.86%
EBIT Next Year52.47%
EBIT Next 3Y19.58%
EBIT Next 5Y13.05%
FCF growth 1Y-45.24%
FCF growth 3Y-21.46%
FCF growth 5Y-5.69%
OCF growth 1Y-2.62%
OCF growth 3Y3%
OCF growth 5Y4.64%

ENBRIDGE INC - ENBCN 6.112 PERP / ENB-PR-H.CA FAQ

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

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


What is the valuation status of ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) stock?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA). This can be considered as Undervalued.


What is the profitability of ENB-PR-H stock?

ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) has a profitability rating of 6 / 10.


What are the PE and PB ratios of ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) stock?

The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is 7.78 and the Price/Book (PB) ratio is 0.82.


Can you provide the financial health for ENB-PR-H stock?

The financial health rating of ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is 2 / 10.