ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Fundamental Analysis
TSX:ENB-PR-N - Toronto Stock Exchange - CA29250N7743 - Currency: CAD
ENB-PR-N gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 211 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-N has an excellent profitability rating, but there are concerns on its financial health. ENB-PR-N is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PR-N also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-N was profitable.
In the past year ENB-PR-N had a positive cash flow from operations.
ENB-PR-N had positive earnings in each of the past 5 years.
Each year in the past 5 years ENB-PR-N had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.68%, ENB-PR-N is in the better half of the industry, outperforming 60.66% of the companies in the same industry.
ENB-PR-N has a better Return On Equity (8.64%) than 64.45% of its industry peers.
The Return On Invested Capital of ENB-PR-N (4.07%) is better than 62.09% of its industry peers.
ENB-PR-N had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.23%.
The 3 year average ROIC (3.99%) for ENB-PR-N 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
The Profit Margin of ENB-PR-N (9.67%) is better than 65.88% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-N has declined.
With a decent Operating Margin value of 17.53%, ENB-PR-N is doing good in the industry, outperforming 62.09% of the companies in the same industry.
ENB-PR-N's Operating Margin has improved in the last couple of years.
ENB-PR-N has a Gross Margin (42.37%) which is in line with its industry peers.
ENB-PR-N'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-N is destroying value.
ENB-PR-N has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PR-N has more shares outstanding
Compared to 1 year ago, ENB-PR-N has a worse debt to assets ratio.
2.2 Solvency
ENB-PR-N has an Altman-Z score of 0.49. This is a bad value and indicates that ENB-PR-N is not financially healthy and even has some risk of bankruptcy.
ENB-PR-N's Altman-Z score of 0.49 is in line compared to the rest of the industry. ENB-PR-N outperforms 50.71% of its industry peers.
ENB-PR-N has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-N would need 20.56 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 20.56, ENB-PR-N is in the better half of the industry, outperforming 62.56% of the companies in the same industry.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PR-N has dependencies on debt financing.
ENB-PR-N's Debt to Equity ratio of 1.44 is on the low side compared to the rest of the industry. ENB-PR-N is outperformed by 72.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.49 |
ROIC/WACC0.55
WACC7.42%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PR-N may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.73, ENB-PR-N is in line with its industry, outperforming 47.39% of the companies in the same industry.
A Quick Ratio of 0.66 indicates that ENB-PR-N may have some problems paying its short term obligations.
ENB-PR-N has a Quick ratio (0.66) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
ENB-PR-N shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.75%.
ENB-PR-N shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
Looking at the last year, ENB-PR-N shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
Measured over the past years, ENB-PR-N shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
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
ENB-PR-N is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.26% yearly.
The Revenue is expected to grow by 0.28% on average over the next years.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.28%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ENB-PR-N is valuated cheaply with a Price/Earnings ratio of 7.78.
ENB-PR-N's Price/Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 76.78% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.25, ENB-PR-N is valued rather cheaply.
The Price/Forward Earnings ratio is 6.97, which indicates a rather cheap valuation of ENB-PR-N.
74.41% of the companies in the same industry are more expensive than ENB-PR-N, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ENB-PR-N to the average of the S&P500 Index (22.15), we can say ENB-PR-N is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.78 | ||
| Fwd PE | 6.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-N is on the same level as its industry peers.
ENB-PR-N's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 76.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.84 | ||
| EV/EBITDA | 9.29 |
4.3 Compensation for Growth
ENB-PR-N's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PR-N has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.94
PEG (5Y)7.03
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-N has a Yearly Dividend Yield of 5.97%, which is a nice return.
Compared to an average industry Dividend Yield of 6.54, ENB-PR-N pays a better dividend. On top of this ENB-PR-N pays more dividend than 88.63% of the companies listed in the same industry.
ENB-PR-N's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.97% |
5.2 History
The dividend of ENB-PR-N has a limited annual growth rate of 4.10%.
ENB-PR-N has paid a dividend for at least 10 years, which is a reliable track record.
ENB-PR-N has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years12
5.3 Sustainability
ENB-PR-N pays out 142.15% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PR-N is growing, but earnings are growing more, so the dividend growth is sustainable.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (5/30/2025, 7:00:00 PM)
22.65
+0.1 (+0.44%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap49.38B
Analysts72.14
Price Target22.48 (-0.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.97% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years1
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)-4.07%
PT rev (3m)-7.27%
EPS NQ rev (1m)-11.19%
EPS NQ rev (3m)-15.32%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)-13.19%
Revenue NQ rev (3m)58.96%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)31.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.78 | ||
| Fwd PE | 6.97 | ||
| P/S | 0.81 | ||
| P/FCF | 9.84 | ||
| P/OCF | 3.95 | ||
| P/B | 0.72 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 9.29 |
EPS(TTM)2.91
EY12.85%
EPS(NY)3.25
Fwd EY14.35%
FCF(TTM)2.3
FCFY10.16%
OCF(TTM)5.73
OCFY25.32%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.94
PEG (5Y)7.03
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 | 0.49 |
F-Score5
WACC7.42%
ROIC/WACC0.55
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 5Y8.26%
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 5Y0.28%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y16.03%
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%