ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Stock Fundamental Analysis
TSX:ENB-PR-P - Toronto Stock Exchange - CA29250N7586 - Currency: CAD
Taking everything into account, ENB-PR-P scores 5 out of 10 in our fundamental rating. ENB-PR-P was compared to 504 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-P belongs to the best of the industry regarding profitability, there are concerns on its financial health. ENB-PR-P scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
ENB-PR-P had a positive operating cash flow in the past year.
ENB-PR-P had positive earnings in each of the past 5 years.
Each year in the past 5 years ENB-PR-P had a positive operating cash flow.
1.2 Ratios
ENB-PR-P's Return On Assets of 2.68% is fine compared to the rest of the industry. ENB-PR-P outperforms 62.68% of its industry peers.
ENB-PR-P has a better Return On Equity (8.64%) than 67.94% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.07%, ENB-PR-P is in the better half of the industry, outperforming 65.07% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-P is significantly below the industry average of 13.67%.
The 3 year average ROIC (3.99%) for ENB-PR-P 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
ENB-PR-P has a better Profit Margin (9.67%) than 68.42% of its industry peers.
ENB-PR-P's Profit Margin has declined in the last couple of years.
ENB-PR-P's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PR-P outperforms 66.03% of its industry peers.
ENB-PR-P's Operating Margin has improved in the last couple of years.
The Gross Margin of ENB-PR-P (42.37%) is better than 60.77% 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 | 17.53% | ||
| 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
ENB-PR-P has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ENB-PR-P has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PR-P has been increased compared to 5 years ago.
Compared to 1 year ago, ENB-PR-P has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.47, we must say that ENB-PR-P is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.47, ENB-PR-P perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
ENB-PR-P has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-P would need 20.56 years to pay back of all of its debts.
ENB-PR-P has a Debt to FCF ratio of 20.56. This is in the better half of the industry: ENB-PR-P outperforms 62.20% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PR-P has dependencies on debt financing.
With a Debt to Equity ratio value of 1.44, ENB-PR-P is not doing good in the industry: 70.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.47 |
ROIC/WACC0.57
WACC7.18%
2.3 Liquidity
ENB-PR-P has a Current Ratio of 0.73. This is a bad value and indicates that ENB-PR-P is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.73, ENB-PR-P perfoms like the industry average, outperforming 50.24% of the companies in the same industry.
A Quick Ratio of 0.66 indicates that ENB-PR-P may have some problems paying its short term obligations.
ENB-PR-P has a Quick ratio (0.66) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.75% over the past year.
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.
ENB-PR-P shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.00%.
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)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-P is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.26% yearly.
ENB-PR-P is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.28% yearly.
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
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
A Price/Earnings ratio of 7.07 indicates a rather cheap valuation of ENB-PR-P.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-P indicates a rather cheap valuation: ENB-PR-P is cheaper than 82.30% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ENB-PR-P to the average of the S&P500 Index (26.43), we can say ENB-PR-P is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.33, 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 81.34% of the companies listed in the same industry.
ENB-PR-P is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.17, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.07 | ||
| Fwd PE | 6.33 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PR-P.
ENB-PR-P's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENB-PR-P is cheaper than 78.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.94 | ||
| EV/EBITDA | 9.03 |
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.
The decent profitability rating of ENB-PR-P may justify a higher PE ratio.
PEG (NY)0.85
PEG (5Y)6.38
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-P has a Yearly Dividend Yield of 5.95%, which is a nice return.
ENB-PR-P's Dividend Yield is rather good when compared to the industry average which is at 2.38. ENB-PR-P pays more dividend than 86.60% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ENB-PR-P pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
5.2 History
The dividend of ENB-PR-P has a limited annual growth rate of 4.10%.
ENB-PR-P has paid a dividend for at least 10 years, which is 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 142.15% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PR-P 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 5.918 PERP
TSX:ENB-PR-P (6/4/2025, 7:00:00 PM)
20.57
+0.07 (+0.34%)
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 Cap44.84B
Analysts72.14
Price Target20.03 (-2.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
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)2%
PT rev (3m)-8.06%
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 | 7.07 | ||
| Fwd PE | 6.33 | ||
| P/S | 0.74 | ||
| P/FCF | 8.94 | ||
| P/OCF | 3.59 | ||
| P/B | 0.66 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 9.03 |
EPS(TTM)2.91
EY14.15%
EPS(NY)3.25
Fwd EY15.8%
FCF(TTM)2.3
FCFY11.19%
OCF(TTM)5.73
OCFY27.88%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.85
PEG (5Y)6.38
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 | 0.47 |
F-Score5
WACC7.18%
ROIC/WACC0.57
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%