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ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:ENB-PR-N - CA29250N7743

24.45 CAD
+0.05 (+0.2%)
Last: 1/14/2026, 7:00:00 PM
Fundamental Rating

5

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. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-N. Finally ENB-PR-N also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • ENB-PR-N had positive earnings in the past year.
  • ENB-PR-N had a positive operating cash flow in the past year.
  • Each year in the past 5 years ENB-PR-N has been profitable.
  • ENB-PR-N had a positive operating cash flow in each of the past 5 years.
ENB-PR-N.CA Yearly Net Income VS EBIT VS OCF VS FCFENB-PR-N.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 0 5B 10B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.59%, ENB-PR-N is in the better half of the industry, outperforming 60.19% of the companies in the same industry.
  • ENB-PR-N's Return On Equity of 8.61% is fine compared to the rest of the industry. ENB-PR-N outperforms 68.25% of its industry peers.
  • With a decent Return On Invested Capital value of 4.12%, ENB-PR-N is doing good in the industry, outperforming 66.35% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-N is below the industry average of 6.52%.
  • The 3 year average ROIC (3.99%) for ENB-PR-N is below the current ROIC(4.12%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROIC 4.12%
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
ENB-PR-N.CA Yearly ROA, ROE, ROICENB-PR-N.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • With a decent Profit Margin value of 8.74%, ENB-PR-N is doing good in the industry, outperforming 64.93% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ENB-PR-N has declined.
  • ENB-PR-N has a Operating Margin of 16.91%. This is in the better half of the industry: ENB-PR-N outperforms 66.82% of its industry peers.
  • In the last couple of years the Operating Margin of ENB-PR-N has grown nicely.
  • With a Gross Margin value of 41.11%, ENB-PR-N perfoms like the industry average, outperforming 59.24% of the companies in the same industry.
  • ENB-PR-N's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
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%
ENB-PR-N.CA Yearly Profit, Operating, Gross MarginsENB-PR-N.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

2

2. Health

2.1 Basic Checks

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

2.2 Solvency

  • Based on the Altman-Z score of 0.53, we must say that ENB-PR-N is in the distress zone and has some risk of bankruptcy.
  • ENB-PR-N has a Altman-Z score (0.53) which is in line with its industry peers.
  • ENB-PR-N has a debt to FCF ratio of 25.58. This is a negative value and a sign of low solvency as ENB-PR-N would need 25.58 years to pay back of all of its debts.
  • The Debt to FCF ratio of ENB-PR-N (25.58) is better than 63.98% of its industry peers.
  • A Debt/Equity ratio of 1.56 is on the high side and indicates that ENB-PR-N has dependencies on debt financing.
  • ENB-PR-N has a Debt to Equity ratio of 1.56. This is in the lower half of the industry: ENB-PR-N underperforms 67.77% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Altman-Z 0.53
ROIC/WACC0.6
WACC6.83%
ENB-PR-N.CA Yearly LT Debt VS Equity VS FCFENB-PR-N.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

  • A Current Ratio of 0.80 indicates that ENB-PR-N may have some problems paying its short term obligations.
  • With a Current ratio value of 0.80, ENB-PR-N perfoms like the industry average, outperforming 50.71% of the companies in the same industry.
  • A Quick Ratio of 0.68 indicates that ENB-PR-N may have some problems paying its short term obligations.
  • ENB-PR-N has a Quick ratio of 0.68. This is comparable to the rest of the industry: ENB-PR-N outperforms 47.87% of its industry peers.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.68
ENB-PR-N.CA Yearly Current Assets VS Current LiabilitesENB-PR-N.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 7.43% 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-N shows a very strong growth in Revenue. The Revenue has grown by 32.29%.
  • The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%

3.2 Future

  • Based on estimates for the next years, ENB-PR-N will show a small growth in Earnings Per Share. The EPS will grow by 7.06% on average per year.
  • The Revenue is expected to grow by 7.24% on average over the next years.
EPS Next Y4.84%
EPS Next 2Y5.66%
EPS Next 3Y6.96%
EPS Next 5Y7.06%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%

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.
ENB-PR-N.CA Yearly Revenue VS EstimatesENB-PR-N.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-N.CA Yearly EPS VS EstimatesENB-PR-N.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. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 8.46 indicates a reasonable valuation of ENB-PR-N.
  • Based on the Price/Earnings ratio, ENB-PR-N is valued cheaper than 80.57% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of ENB-PR-N to the average of the S&P500 Index (27.33), we can say ENB-PR-N is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 7.82, the valuation of ENB-PR-N can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, ENB-PR-N is valued cheaper than 81.52% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.12. ENB-PR-N is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.46
Fwd PE 7.82
ENB-PR-N.CA Price Earnings VS Forward Price EarningsENB-PR-N.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 62.56% of the companies in the same industry are more expensive than ENB-PR-N, based on the Enterprise Value to EBITDA ratio.
  • ENB-PR-N's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-N is cheaper than 73.46% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.16
EV/EBITDA 9.39
ENB-PR-N.CA Per share dataENB-PR-N.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • ENB-PR-N has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.75
PEG (5Y)7.64
EPS Next 2Y5.66%
EPS Next 3Y6.96%

8

5. Dividend

5.1 Amount

  • ENB-PR-N has a Yearly Dividend Yield of 6.88%, which is a nice return.
  • Compared to an average industry Dividend Yield of 2.71, ENB-PR-N pays a better dividend. On top of this ENB-PR-N pays more dividend than 91.47% 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 1.91.
Industry RankSector Rank
Dividend Yield 6.88%

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 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 Years12
ENB-PR-N.CA Yearly Dividends per shareENB-PR-N.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

  • 152.61% of the earnings are spent on dividend by ENB-PR-N. 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.
DP152.61%
EPS Next 2Y5.66%
EPS Next 3Y6.96%
ENB-PR-N.CA Yearly Income VS Free CF VS DividendENB-PR-N.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B
ENB-PR-N.CA Dividend Payout.ENB-PR-N.CA Dividend Payout, showing the Payout Ratio.ENB-PR-N.CA Dividend Payout.PayoutRetained Earnings

ENBRIDGE INC - ENBCN 6.696 PERP

TSX:ENB-PR-N (1/14/2026, 7:00:00 PM)

24.45

+0.05 (+0.2%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-07
Earnings (Next)02-06
Inst Owners55.5%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap53.33B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target26.61 (8.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.88%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years1
Div Non Decr Years12
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)5.77%
PT rev (3m)11.06%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)-2.03%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.18%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)5.27%
Valuation
Industry RankSector Rank
PE 8.46
Fwd PE 7.82
P/S 0.83
P/FCF 13.16
P/OCF 4.16
P/B 0.82
P/tB 2.11
EV/EBITDA 9.39
EPS(TTM)2.89
EY11.82%
EPS(NY)3.13
Fwd EY12.78%
FCF(TTM)1.86
FCFY7.6%
OCF(TTM)5.88
OCFY24.04%
SpS29.45
BVpS29.88
TBVpS11.57
PEG (NY)1.75
PEG (5Y)7.64
Graham Number44.08
Profitability
Industry RankSector Rank
ROA 2.59%
ROE 8.61%
ROCE 5.38%
ROIC 4.12%
ROICexc 4.14%
ROICexgc 5.17%
OM 16.91%
PM (TTM) 8.74%
GM 41.11%
FCFM 6.31%
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%
ROICexgc growth 3Y-2.31%
ROICexgc 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 RankSector Rank
Debt/Equity 1.56
Debt/FCF 25.58
Debt/EBITDA 6.2
Cap/Depr 157.09%
Cap/Sales 13.65%
Interest Coverage 250
Cash Conversion 77.99%
Profit Quality 72.23%
Current Ratio 0.8
Quick Ratio 0.68
Altman-Z 0.53
F-Score5
WACC6.83%
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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
EPS Next Y4.84%
EPS Next 2Y5.66%
EPS Next 3Y6.96%
EPS Next 5Y7.06%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year34.15%
Revenue Next 2Y15.77%
Revenue Next 3Y11.41%
Revenue Next 5Y7.24%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year73.94%
EBIT Next 3Y24.05%
EBIT Next 5Y15.94%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%

ENBRIDGE INC - ENBCN 6.696 PERP / ENB-PR-N.CA FAQ

What is the ChartMill fundamental rating of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?

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


Can you provide the valuation status for ENBRIDGE INC - ENBCN 6.696 PERP?

ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA). This can be considered as Undervalued.


How profitable is ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?

ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) has a profitability rating of 7 / 10.


What is the earnings growth outlook for ENBRIDGE INC - ENBCN 6.696 PERP?

The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is expected to grow by 4.84% in the next year.


Can you provide the dividend sustainability for ENB-PR-N stock?

The dividend rating of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is 8 / 10 and the dividend payout ratio is 152.61%.