ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) Fundamental Analysis & Valuation
TSX:ENB-PR-H • CA29250N8402
Current stock price
This ENB-PR-H.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ENB-PR-H.CA Profitability Analysis
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.
- In the past 5 years ENB-PR-H has always been profitable.
- In the past 5 years ENB-PR-H always reported a positive cash flow from operatings.
1.2 Ratios
- ENB-PR-H has a better Return On Assets (3.24%) than 69.61% of its industry peers.
- ENB-PR-H has a Return On Equity of 11.35%. This is in the better half of the industry: ENB-PR-H outperforms 76.96% of its industry peers.
- ENB-PR-H has a Return On Invested Capital of 4.46%. This is in the better half of the industry: ENB-PR-H outperforms 63.73% of its industry peers.
- ENB-PR-H had an Average Return On Invested Capital over the past 3 years of 4.22%. This is below the industry average of 6.85%.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROIC | 4.46% |
1.3 Margins
- The Profit Margin of ENB-PR-H (10.85%) is better than 69.12% of its industry peers.
- In the last couple of years the Profit Margin of ENB-PR-H has grown nicely.
- ENB-PR-H has a Operating Margin of 17.37%. This is in the better half of the industry: ENB-PR-H outperforms 69.12% of its industry peers.
- In the last couple of years the Operating Margin of ENB-PR-H has declined.
- ENB-PR-H has a better Gross Margin (41.37%) than 64.22% of its industry peers.
- In the last couple of years the Gross Margin of ENB-PR-H has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% |
2. ENB-PR-H.CA Health Analysis
2.1 Basic Checks
- ENB-PR-H has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, ENB-PR-H has about the same amount of shares outstanding.
- The number of shares outstanding for ENB-PR-H has been increased compared to 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 0.49. 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's Altman-Z score of 0.49 is in line compared to the rest of the industry. ENB-PR-H outperforms 47.55% 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.
- Looking at the Debt to FCF ratio, with a value of 33.90, ENB-PR-H is in the better half of the industry, outperforming 63.24% 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's Debt to Equity ratio of 1.61 is on the low side compared to the rest of the industry. ENB-PR-H is outperformed by 65.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Altman-Z | 0.49 |
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.
- The Current ratio of ENB-PR-H (0.63) is comparable to the rest of the industry.
- 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.
- ENB-PR-H has a Quick ratio (0.55) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 |
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%.
- ENB-PR-H shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.44% yearly.
- ENB-PR-H shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.92%.
- ENB-PR-H shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.77% yearly.
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.
- The Revenue is expected to grow by 0.76% on average over the next years.
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 stable.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. ENB-PR-H.CA Valuation Analysis
4.1 Price/Earnings Ratio
- ENB-PR-H is valuated cheaply with a Price/Earnings ratio of 7.85.
- ENB-PR-H's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-H is cheaper than 85.78% of the companies in the same industry.
- ENB-PR-H is valuated cheaply when we compare the Price/Earnings ratio to 27.18, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 7.83, which indicates a rather cheap valuation of ENB-PR-H.
- Based on the Price/Forward Earnings ratio, ENB-PR-H is valued cheaply inside the industry as 86.27% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 37.96, ENB-PR-H is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.85 | ||
| Fwd PE | 7.83 |
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 65.69% of the companies in the same industry.
- 73.04% 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 | 16.66 | ||
| EV/EBITDA | 9.07 |
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.
5. ENB-PR-H.CA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 5.15%, ENB-PR-H is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.63, ENB-PR-H pays a better dividend. On top of this ENB-PR-H pays more dividend than 86.27% of the companies listed 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 Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
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.
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.
ENB-PR-H.CA Fundamentals: All Metrics, Ratios and Statistics
ENBRIDGE INC - ENBCN 6.112 PERP
TSX:ENB-PR-H (4/13/2026, 7:00:00 PM)
23.7
+0.25 (+1.07%)
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.85 | ||
| Fwd PE | 7.83 | ||
| P/S | 0.79 | ||
| P/FCF | 16.66 | ||
| P/OCF | 4.22 | ||
| P/B | 0.83 | ||
| P/tB | 2.24 | ||
| EV/EBITDA | 9.07 |
| Industry Rank | Sector 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% |
| Industry Rank | Sector 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 |
ENBRIDGE INC - ENBCN 6.112 PERP / ENB-PR-H.CA Fundamental Analysis 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.
Can you provide the profitability details for ENBRIDGE INC - ENBCN 6.112 PERP?
ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for ENB-PR-H stock?
The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is expected to grow by 0.25% in the next year.
How sustainable is the dividend of ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) stock?
The dividend rating of ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is 8 / 10 and the dividend payout ratio is 122.16%.