ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Fundamental Analysis
TSX:ENB-PR-N - Toronto Stock Exchange - CA29250N7743 - Currency: CAD
Overall ENB-PR-N gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-N against 212 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-N has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENB-PR-N may be a bit undervalued, certainly considering the very reasonable score on growth ENB-PR-N also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-N was profitable.
ENB-PR-N had a positive operating cash flow in the past year.
ENB-PR-N had positive earnings in each of the past 5 years.
ENB-PR-N had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENB-PR-N has a Return On Assets of 2.68%. This is comparable to the rest of the industry: ENB-PR-N outperforms 59.43% of its industry peers.
With a decent Return On Equity value of 8.64%, ENB-PR-N is doing good in the industry, outperforming 65.09% of the companies in the same industry.
The Return On Invested Capital of ENB-PR-N (4.07%) is better than 62.26% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-N is below the industry average of 7.33%.
The last Return On Invested Capital (4.07%) for ENB-PR-N is above the 3 year average (3.99%), which is a sign of increasing profitability.
| 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 65.09% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-N has declined.
ENB-PR-N has a Operating Margin of 17.53%. This is in the better half of the industry: ENB-PR-N outperforms 62.74% 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 42.37%, ENB-PR-N perfoms like the industry average, outperforming 56.60% of the companies in the same industry.
In the last couple of years the Gross Margin of ENB-PR-N has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-N is destroying value.
Compared to 1 year ago, ENB-PR-N has more shares outstanding
The number of shares outstanding for ENB-PR-N has been increased compared to 5 years ago.
ENB-PR-N has a worse debt/assets ratio than last year.
2.2 Solvency
ENB-PR-N has an Altman-Z score of 0.50. This is a bad value and indicates that ENB-PR-N is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.50, ENB-PR-N is in line with its industry, outperforming 49.06% of the companies in the same industry.
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.
With a Debt to FCF ratio value of 20.56, ENB-PR-N perfoms like the industry average, outperforming 58.49% 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 has a worse Debt to Equity ratio (1.44) than 72.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC7.53%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PR-N may have some problems paying its short term obligations.
With a Current ratio value of 0.73, ENB-PR-N perfoms like the industry average, outperforming 47.64% 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.
Looking at the Quick ratio, with a value of 0.66, ENB-PR-N is in line with its industry, outperforming 46.70% of the companies in the same industry.
| 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.
The Revenue has grown by 43.00% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.32% on average over the past years.
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
Based on estimates for the next years, ENB-PR-N will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.20% on average per year.
The Revenue is expected to grow by 0.41% on average over the next years.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.2%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.41%
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.
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 reasonably with a Price/Earnings ratio of 8.01.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-N indicates a somewhat cheap valuation: ENB-PR-N is cheaper than 76.42% of the companies listed in the same industry.
ENB-PR-N is valuated cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
ENB-PR-N is valuated cheaply with a Price/Forward Earnings ratio of 7.17.
Based on the Price/Forward Earnings ratio, ENB-PR-N is valued a bit cheaper than 74.53% of the companies in the same industry.
ENB-PR-N is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.01 | ||
| Fwd PE | 7.17 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PR-N indicates a somewhat cheap valuation: ENB-PR-N is cheaper than 75.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.13 | ||
| EV/EBITDA | 9.4 |
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-N has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)7.23
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.79%, ENB-PR-N is a good candidate for dividend investing.
ENB-PR-N's Dividend Yield is rather good when compared to the industry average which is at 6.21. ENB-PR-N pays more dividend than 90.09% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ENB-PR-N pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
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
142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (6/23/2025, 7:00:00 PM)
23.31
-0.04 (-0.17%)
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 Cap50.82B
Analysts72.14
Price Target25.13 (7.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
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)11.8%
PT rev (3m)4.63%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.01 | ||
| Fwd PE | 7.17 | ||
| P/S | 0.83 | ||
| P/FCF | 10.13 | ||
| P/OCF | 4.06 | ||
| P/B | 0.74 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 9.4 |
EPS(TTM)2.91
EY12.48%
EPS(NY)3.25
Fwd EY13.94%
FCF(TTM)2.3
FCFY9.87%
OCF(TTM)5.73
OCFY24.6%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.96
PEG (5Y)7.23
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 | 0.5 |
F-Score5
WACC7.53%
ROIC/WACC0.54
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 5Y8.2%
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 5Y0.41%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y16.19%
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%