ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-P - CA29250N7586
21.75 CAD
+0.13 (+0.6%)
We assign a fundamental rating of 5 out of 10 to ENB-PR-P. ENB-PR-P was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-P scores excellent on profitability, but there are concerns on its financial health. ENB-PR-P is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PR-P also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-P had positive earnings in the past year.
In the past year ENB-PR-P had a positive cash flow from operations.
ENB-PR-P had positive earnings in each of the past 5 years.
ENB-PR-P had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENB-PR-P has a better Return On Assets (2.94%) than 64.68% of its industry peers.
ENB-PR-P has a better Return On Equity (9.51%) than 72.48% of its industry peers.
With a decent Return On Invested Capital value of 4.33%, ENB-PR-P is doing good in the industry, outperforming 67.89% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-P is below the industry average of 6.94%.
The 3 year average ROIC (3.99%) for ENB-PR-P 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
ENB-PR-P has a better Profit Margin (9.65%) than 66.97% of its industry peers.
ENB-PR-P's Profit Margin has declined in the last couple of years.
The Operating Margin of ENB-PR-P (17.23%) is better than 68.81% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-P has grown nicely.
ENB-PR-P has a Gross Margin of 40.92%. This is in the better half of the industry: ENB-PR-P outperforms 61.01% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-P has grown nicely.
| 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-P is destroying value.
Compared to 1 year ago, ENB-PR-P has more shares outstanding
ENB-PR-P has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ENB-PR-P is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that ENB-PR-P is in the distress zone and has some risk of bankruptcy.
ENB-PR-P has a Altman-Z score of 0.53. This is comparable to the rest of the industry: ENB-PR-P outperforms 45.87% of its industry peers.
The Debt to FCF ratio of ENB-PR-P is 20.73, which is on the high side as it means it would take ENB-PR-P, 20.73 years of fcf income to pay off all of its debts.
ENB-PR-P has a Debt to FCF ratio of 20.73. This is in the better half of the industry: ENB-PR-P outperforms 66.51% of its industry peers.
ENB-PR-P has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.50, ENB-PR-P is not doing good in the industry: 66.51% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.58
WACC7.41%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB-PR-P may have some problems paying its short term obligations.
ENB-PR-P has a Current ratio of 0.75. This is comparable to the rest of the industry: ENB-PR-P outperforms 44.04% of its industry peers.
A Quick Ratio of 0.65 indicates that ENB-PR-P may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.65, ENB-PR-P is in line with its industry, outperforming 46.79% 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-P 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-P 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-P shows a very strong growth in Revenue. The Revenue has grown by 48.17%.
Measured over the past years, ENB-PR-P shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
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-P is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.56% yearly.
The Revenue is expected to grow by 6.39% on average over the next years.
EPS Next Y7.81%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
EPS Next 5Y7.56%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
Revenue Next 5Y6.39%
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.30, the valuation of ENB-PR-P can be described as very cheap.
Based on the Price/Earnings ratio, ENB-PR-P is valued cheaper than 83.03% of the companies in the same industry.
ENB-PR-P's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
Based on the Price/Forward Earnings ratio of 6.80, the valuation of ENB-PR-P can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB-PR-P indicates a rather cheap valuation: ENB-PR-P is cheaper than 83.03% of the companies listed in the same industry.
ENB-PR-P's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.3 | ||
| Fwd PE | 6.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-P indicates a somewhat cheap valuation: ENB-PR-P is cheaper than 62.39% of the companies listed in the same industry.
80.73% of the companies in the same industry are more expensive than ENB-PR-P, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.73 | ||
| EV/EBITDA | 8.81 |
4.3 Compensation for Growth
ENB-PR-P's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ENB-PR-P has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.93
PEG (5Y)6.59
EPS Next 2Y6.91%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
ENB-PR-P has a Yearly Dividend Yield of 6.97%, which is a nice return.
ENB-PR-P's Dividend Yield is rather good when compared to the industry average which is at 6.49. ENB-PR-P pays more dividend than 87.61% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, ENB-PR-P pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
5.2 History
The dividend of ENB-PR-P has a limited annual growth rate of 4.10%.
ENB-PR-P has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-P 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-P pays out 136.55% of its income as dividend. This is not a sustainable payout ratio.
ENB-PR-P's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP136.55%
EPS Next 2Y6.91%
EPS Next 3Y7.44%
ENBRIDGE INC - ENBCN 5.918 PERP
TSX:ENB-PR-P (9/12/2025, 7:00:00 PM)
21.75
+0.13 (+0.6%)
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 Cap47.43B
Analysts72.86
Price Target21.87 (0.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.97% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years1
Div Non Decr Years12
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)-6.97%
PT rev (3m)3.24%
EPS NQ rev (1m)0.76%
EPS NQ rev (3m)-13.49%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)-11.65%
Revenue NQ rev (3m)106.03%
Revenue NY rev (1m)4.4%
Revenue NY rev (3m)11.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.3 | ||
| Fwd PE | 6.8 | ||
| P/S | 0.74 | ||
| P/FCF | 9.73 | ||
| P/OCF | 3.67 | ||
| P/B | 0.72 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 8.81 |
EPS(TTM)2.98
EY13.7%
EPS(NY)3.2
Fwd EY14.71%
FCF(TTM)2.24
FCFY10.28%
OCF(TTM)5.93
OCFY27.25%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.93
PEG (5Y)6.59
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 | 0.53 |
F-Score5
WACC7.41%
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 5Y7.56%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.86%
Revenue Next 2Y12.92%
Revenue Next 3Y11.27%
Revenue Next 5Y6.39%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.81%
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%