ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-H - CA29250N8402
22.08 CAD
+0.01 (+0.05%)
Taking everything into account, ENB-PR-H scores 5 out of 10 in our fundamental rating. ENB-PR-H was compared to 220 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-H has a great profitability rating, there are quite some concerns on its financial health. ENB-PR-H is valued quite cheap, while showing a decent growth score. This is a good combination! 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.
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.
ENB-PR-H had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.94%, ENB-PR-H is in the better half of the industry, outperforming 63.18% of the companies in the same industry.
ENB-PR-H has a Return On Equity of 9.51%. This is in the better half of the industry: ENB-PR-H outperforms 70.91% of its industry peers.
ENB-PR-H's Return On Invested Capital of 4.33% is fine compared to the rest of the industry. ENB-PR-H outperforms 66.82% 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 6.91%.
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 65.45% of its industry peers.
ENB-PR-H's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-H (17.23%) is better than 67.73% of its industry peers.
ENB-PR-H's Operating Margin has improved in the last couple of years.
The Gross Margin of ENB-PR-H (40.92%) is better than 60.91% of its industry peers.
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.
ENB-PR-H has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PR-H has more shares outstanding
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 0.54. 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 has a Altman-Z score (0.54) which is comparable to the rest of the industry.
ENB-PR-H has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-H would need 20.73 years to pay back of all of its debts.
ENB-PR-H's Debt to FCF ratio of 20.73 is fine compared to the rest of the industry. ENB-PR-H outperforms 65.45% 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.
ENB-PR-H has a Debt to Equity ratio of 1.50. This is in the lower half of the industry: ENB-PR-H underperforms 69.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.6
WACC7.27%
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 42.27% of the companies in the same industry.
ENB-PR-H has a Quick Ratio of 0.75. 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 has a Quick ratio (0.65) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.97% over the past year.
The Earnings Per Share has been growing slightly by 1.11% 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 48.17%.
ENB-PR-H shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
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
Based on estimates for the next years, ENB-PR-H will show a small growth in Earnings Per Share. The EPS will grow by 7.56% on average per year.
The Revenue is expected to grow by 6.39% on average over the next years.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
Revenue Next 5Y6.39%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.41, the valuation of ENB-PR-H can be described as very cheap.
ENB-PR-H's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-H is cheaper than 82.27% 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 (27.29), we can say ENB-PR-H is valued rather cheaply.
A Price/Forward Earnings ratio of 6.90 indicates a rather cheap valuation of ENB-PR-H.
Based on the Price/Forward Earnings ratio, ENB-PR-H is valued cheaper than 82.27% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.80. ENB-PR-H is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.41 | ||
| Fwd PE | 6.9 |
4.2 Price Multiples
61.36% of the companies in the same industry are more expensive than ENB-PR-H, based on the Enterprise Value to EBITDA ratio.
80.00% of the companies in the same industry are more expensive than ENB-PR-H, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.88 | ||
| EV/EBITDA | 8.86 |
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.
The decent profitability rating of ENB-PR-H may justify a higher PE ratio.
PEG (NY)0.95
PEG (5Y)6.69
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PR-H has a Yearly Dividend Yield of 5.56%, which is a nice return.
ENB-PR-H's Dividend Yield is rather good when compared to the industry average which is at 6.65. ENB-PR-H pays more dividend than 87.27% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ENB-PR-H pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
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 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 136.55% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PR-H is growing, but earnings are growing more, so the dividend growth is sustainable.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 6.112 PERP
TSX:ENB-PR-H (9/24/2025, 7:00:00 PM)
22.08
+0.01 (+0.05%)
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 Cap48.15B
Analysts72.86
Price Target22.35 (1.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
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)-6.38%
PT rev (3m)-1.17%
EPS NQ rev (1m)1.54%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)-11.65%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.41 | ||
| Fwd PE | 6.9 | ||
| P/S | 0.75 | ||
| P/FCF | 9.88 | ||
| P/OCF | 3.73 | ||
| P/B | 0.74 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 8.86 |
EPS(TTM)2.98
EY13.5%
EPS(NY)3.2
Fwd EY14.49%
FCF(TTM)2.24
FCFY10.12%
OCF(TTM)5.93
OCFY26.84%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.95
PEG (5Y)6.69
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
WACC7.27%
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
Revenue Next 5Y6.39%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.81%
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%