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

Canada - TSX:ENB-PR-N - CA29250N7743

24.77 CAD
+0.05 (+0.2%)
Last: 11/7/2025, 7:00:00 PM
Fundamental Rating

5

Taking everything into account, ENB-PR-N scores 5 out of 10 in our fundamental rating. ENB-PR-N was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-N has a great profitability rating, there are quite some concerns on its financial health. ENB-PR-N scores decently on growth, while it is valued quite cheap. This could make an interesting combination. ENB-PR-N also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

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.
In the past 5 years ENB-PR-N has always been profitable.
In the past 5 years ENB-PR-N always reported a positive cash flow from operatings.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B

1.2 Ratios

The Return On Assets of ENB-PR-N (2.94%) is better than 60.09% of its industry peers.
With a decent Return On Equity value of 9.51%, ENB-PR-N is doing good in the industry, outperforming 68.35% of the companies in the same industry.
The Return On Invested Capital of ENB-PR-N (4.33%) is better than 63.30% 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 6.89%.
The last Return On Invested Capital (4.33%) for ENB-PR-N is above the 3 year average (3.99%), which is a sign of increasing profitability.
Industry RankSector 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%
ENB-PR-N.CA Yearly ROA, ROE, ROICENB-PR-N.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 4 6 8

1.3 Margins

The Profit Margin of ENB-PR-N (9.65%) is better than 62.39% of its industry peers.
ENB-PR-N's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 17.23%, ENB-PR-N is doing good in the industry, outperforming 65.60% of the companies in the same industry.
In the last couple of years the Operating Margin of ENB-PR-N has grown nicely.
ENB-PR-N has a Gross Margin (40.92%) which is in line with its industry peers.
ENB-PR-N's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
ENB-PR-N.CA Yearly Profit, Operating, Gross MarginsENB-PR-N.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

1

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.
ENB-PR-N has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ENB-PR-N is higher compared to a year ago.
ENB-PR-N.CA Yearly Shares OutstandingENB-PR-N.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

Based on the Altman-Z score of 0.56, we must say that ENB-PR-N is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.56, ENB-PR-N perfoms like the industry average, outperforming 49.54% of the companies in the same industry.
The Debt to FCF ratio of ENB-PR-N is 20.73, which is on the high side as it means it would take ENB-PR-N, 20.73 years of fcf income to pay off all of its debts.
ENB-PR-N has a better Debt to FCF ratio (20.73) than 63.30% of its industry peers.
A Debt/Equity ratio of 1.50 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 1.50. This is in the lower half of the industry: ENB-PR-N underperforms 69.72% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.5
Debt/FCF 20.73
Altman-Z 0.56
ROIC/WACC0.62
WACC6.94%
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B 80B

2.3 Liquidity

A Current Ratio of 0.75 indicates that ENB-PR-N may have some problems paying its short term obligations.
ENB-PR-N has a Current ratio of 0.75. This is in the lower half of the industry: ENB-PR-N underperforms 60.09% of its industry peers.
ENB-PR-N has a Quick Ratio of 0.75. This is a bad value and indicates that ENB-PR-N is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-N has a Quick ratio (0.65) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.75
Quick Ratio 0.65
ENB-PR-N.CA Yearly Current Assets VS Current LiabilitesENB-PR-N.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

5

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 7.97%.
Measured over the past 5 years, ENB-PR-N shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
Looking at the last year, ENB-PR-N shows a very strong growth in Revenue. The Revenue has grown by 48.17%.
The Revenue has been growing slightly by 1.32% on average over the past years.
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

Based on estimates for the next years, ENB-PR-N will show a small growth in Earnings Per Share. The EPS will grow by 7.85% on average per year.
ENB-PR-N is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.68% yearly.
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 2014 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 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4 5

7

4. Valuation

4.1 Price/Earnings Ratio

ENB-PR-N is valuated reasonably with a Price/Earnings ratio of 8.31.
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 77.52% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.83, ENB-PR-N is valued rather cheaply.
The Price/Forward Earnings ratio is 7.65, which indicates a rather cheap valuation of ENB-PR-N.
Based on the Price/Forward Earnings ratio, ENB-PR-N is valued a bit cheaper than the industry average as 77.98% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ENB-PR-N to the average of the S&P500 Index (32.68), we can say ENB-PR-N is valued rather cheaply.
Industry RankSector Rank
PE 8.31
Fwd PE 7.65
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 10 20 30

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.
76.15% of the companies in the same industry are more expensive than ENB-PR-N, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 11.08
EV/EBITDA 9.2
ENB-PR-N.CA Per share dataENB-PR-N.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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)1
PEG (5Y)7.51
EPS Next 2Y7.57%
EPS Next 3Y7.73%

8

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.74%, 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 5.34. ENB-PR-N pays more dividend than 90.83% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, ENB-PR-N pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.74%

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

ENB-PR-N pays out 136.55% of its income as dividend. This is not a sustainable payout ratio.
ENB-PR-N's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
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 2015 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 (11/7/2025, 7:00:00 PM)

24.77

+0.05 (+0.2%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)08-01 2025-08-01/bmo
Earnings (Next)11-07 2025-11-07/bmo
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap54.02B
Revenue(TTM)64.48B
Net Income(TTM)6.22B
Analysts72.86
Price Target25.94 (4.72%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.74%
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years1
Div Non Decr Years12
Ex-Date08-15 2025-08-15 (0.4185)
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)6.82%
PT rev (3m)0.42%
EPS NQ rev (1m)-5.05%
EPS NQ rev (3m)-1.75%
EPS NY rev (1m)0%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)6.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)10.85%
Valuation
Industry RankSector Rank
PE 8.31
Fwd PE 7.65
P/S 0.84
P/FCF 11.08
P/OCF 4.18
P/B 0.83
P/tB 2.08
EV/EBITDA 9.2
EPS(TTM)2.98
EY12.03%
EPS(NY)3.24
Fwd EY13.08%
FCF(TTM)2.24
FCFY9.02%
OCF(TTM)5.93
OCFY23.93%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)1
PEG (5Y)7.51
Graham Number44.86
Profitability
Industry RankSector 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%
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 1.5
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 0.56
F-Score5
WACC6.94%
ROIC/WACC0.62
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 Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.12%
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%

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.


What is the valuation status for ENB-PR-N stock?

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 financial health of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?

The financial health rating of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is 1 / 10.


Can you provide the expected EPS growth for ENB-PR-N stock?

The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is expected to grow by 8.35% in the next year.