ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) Stock Fundamental Analysis
TSX:ENB-PR-J - CA29250N6422
21.99 CAD
+0.01 (+0.05%)
Overall ENB-PR-J gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-J against 215 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-J scores excellent on profitability, but there are concerns on its financial health. ENB-PR-J may be a bit undervalued, certainly considering the very reasonable score on growth Finally ENB-PR-J also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-J had positive earnings in the past year.
In the past year ENB-PR-J had a positive cash flow from operations.
In the past 5 years ENB-PR-J has always been profitable.
Each year in the past 5 years ENB-PR-J had a positive operating cash flow.
1.2 Ratios
ENB-PR-J has a better Return On Assets (2.94%) than 63.72% of its industry peers.
ENB-PR-J's Return On Equity of 9.51% is fine compared to the rest of the industry. ENB-PR-J outperforms 71.63% of its industry peers.
With a decent Return On Invested Capital value of 4.33%, ENB-PR-J is doing good in the industry, outperforming 67.44% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-J is below the industry average of 6.99%.
The 3 year average ROIC (3.99%) for ENB-PR-J 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-J (9.65%) is better than 65.58% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-J has declined.
ENB-PR-J's Operating Margin of 17.23% is fine compared to the rest of the industry. ENB-PR-J outperforms 67.91% of its industry peers.
ENB-PR-J's Operating Margin has improved in the last couple of years.
ENB-PR-J has a better Gross Margin (40.92%) than 60.47% of its industry peers.
ENB-PR-J's Gross Margin has improved in the last couple of years.
| 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-J is destroying value.
The number of shares outstanding for ENB-PR-J has been increased compared to 1 year ago.
Compared to 5 years ago, ENB-PR-J has more shares outstanding
The debt/assets ratio for ENB-PR-J is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.54, we must say that ENB-PR-J is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.54, ENB-PR-J is in line with its industry, outperforming 46.98% of the companies in the same industry.
The Debt to FCF ratio of ENB-PR-J is 20.73, which is on the high side as it means it would take ENB-PR-J, 20.73 years of fcf income to pay off all of its debts.
ENB-PR-J has a Debt to FCF ratio of 20.73. This is in the better half of the industry: ENB-PR-J outperforms 65.58% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PR-J has dependencies on debt financing.
ENB-PR-J's Debt to Equity ratio of 1.50 is on the low side compared to the rest of the industry. ENB-PR-J is outperformed by 68.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.58
WACC7.47%
2.3 Liquidity
ENB-PR-J has a Current Ratio of 0.75. This is a bad value and indicates that ENB-PR-J is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-J has a Current ratio of 0.75. This is comparable to the rest of the industry: ENB-PR-J outperforms 43.26% of its industry peers.
ENB-PR-J has a Quick Ratio of 0.75. This is a bad value and indicates that ENB-PR-J is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.65, ENB-PR-J perfoms like the industry average, outperforming 45.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
ENB-PR-J shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.97%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
Looking at the last year, ENB-PR-J shows a very strong growth in Revenue. The Revenue has grown by 48.17%.
ENB-PR-J 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
ENB-PR-J is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.64% yearly.
The Revenue is expected to grow by 6.47% on average over the next years.
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
The Price/Earnings ratio is 7.38, which indicates a rather cheap valuation of ENB-PR-J.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-J indicates a rather cheap valuation: ENB-PR-J is cheaper than 81.40% of the companies listed in the same industry.
ENB-PR-J's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.06.
The Price/Forward Earnings ratio is 6.87, which indicates a rather cheap valuation of ENB-PR-J.
ENB-PR-J's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENB-PR-J is cheaper than 80.93% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, ENB-PR-J is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.38 | ||
| Fwd PE | 6.87 |
4.2 Price Multiples
61.40% of the companies in the same industry are more expensive than ENB-PR-J, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ENB-PR-J is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.84 | ||
| EV/EBITDA | 8.84 |
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-J has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.94
PEG (5Y)6.66
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.66%, ENB-PR-J is a good candidate for dividend investing.
ENB-PR-J's Dividend Yield is rather good when compared to the industry average which is at 5.83. ENB-PR-J pays more dividend than 87.44% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, ENB-PR-J pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
5.2 History
The dividend of ENB-PR-J has a limited annual growth rate of 4.10%.
ENB-PR-J has paid a dividend for at least 10 years, which is a reliable track record.
ENB-PR-J 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 Years1
Div Non Decr Years10
5.3 Sustainability
ENB-PR-J pays out 136.55% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PR-J 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 5.988 PERP
TSX:ENB-PR-J (9/5/2025, 7:00:00 PM)
21.99
+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 Cap47.95B
Analysts72.86
Price Target22.63 (2.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.66% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years1
Div Non Decr Years10
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)-5.16%
PT rev (3m)11.17%
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 | 7.38 | ||
| Fwd PE | 6.87 | ||
| P/S | 0.74 | ||
| P/FCF | 9.84 | ||
| P/OCF | 3.71 | ||
| P/B | 0.73 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | 8.84 |
EPS(TTM)2.98
EY13.55%
EPS(NY)3.2
Fwd EY14.55%
FCF(TTM)2.24
FCFY10.17%
OCF(TTM)5.93
OCFY26.96%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.94
PEG (5Y)6.66
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
WACC7.47%
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%