ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Stock Fundamental Analysis
Canada - TSX:ENB-PR-P - CA29250N7586
21.605 CAD
+0.03 (+0.12%)
Overall ENB-PR-P gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-P against 216 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-P 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-P. 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.
In the past 5 years ENB-PR-P has always been profitable.
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 2.94% is fine compared to the rest of the industry. ENB-PR-P outperforms 64.81% of its industry peers.
ENB-PR-P's Return On Equity of 9.51% is fine compared to the rest of the industry. ENB-PR-P outperforms 73.15% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.33%, ENB-PR-P is in the better half of the industry, outperforming 68.06% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ENB-PR-P is below the industry average of 6.91%.
The last Return On Invested Capital (4.33%) for ENB-PR-P is above the 3 year average (3.99%), which is a sign of increasing profitability.
| 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 67.13% 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 70.37% 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 (40.92%) is better than 62.96% of its industry peers.
ENB-PR-P's Gross Margin has improved in the last couple of years.
| 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
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.
Compared to 5 years ago, ENB-PR-P has more shares outstanding
ENB-PR-P has a worse debt/assets ratio than last year.
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 (0.53) which is comparable to the rest of the industry.
ENB-PR-P has a debt to FCF ratio of 20.73. This is a negative value and a sign of low solvency as ENB-PR-P would need 20.73 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 20.73, ENB-PR-P is in the better half of the industry, outperforming 68.06% of the companies in the same industry.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB-PR-P has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.50, ENB-PR-P is doing worse than 67.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.61
WACC7.12%
2.3 Liquidity
ENB-PR-P has a Current Ratio of 0.75. 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.
Looking at the Current ratio, with a value of 0.75, ENB-PR-P is in line with its industry, outperforming 42.59% of the companies in the same industry.
ENB-PR-P has a Quick Ratio of 0.75. 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.
The Quick ratio of ENB-PR-P (0.65) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.97% 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-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
Based on estimates for the next years, ENB-PR-P will show a small growth in Earnings Per Share. The EPS will grow by 7.85% on average per year.
ENB-PR-P 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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.25, the valuation of ENB-PR-P can be described as very cheap.
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 84.72% of the companies listed 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 27.86.
Based on the Price/Forward Earnings ratio of 6.67, the valuation of ENB-PR-P can be described as very cheap.
ENB-PR-P's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENB-PR-P is cheaper than 84.72% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.32, ENB-PR-P is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.25 | ||
| Fwd PE | 6.67 |
4.2 Price Multiples
64.81% of the companies in the same industry are more expensive than ENB-PR-P, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PR-P indicates a rather cheap valuation: ENB-PR-P is cheaper than 81.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.66 | ||
| EV/EBITDA | 8.79 |
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.
The decent profitability rating of ENB-PR-P may justify a higher PE ratio.
PEG (NY)0.87
PEG (5Y)6.55
EPS Next 2Y7.57%
EPS Next 3Y7.73%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.43%, ENB-PR-P is a good candidate for dividend investing.
ENB-PR-P's Dividend Yield is rather good when compared to the industry average which is at 6.76. ENB-PR-P pays more dividend than 85.65% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ENB-PR-P pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
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 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
5.3 Sustainability
ENB-PR-P pays out 136.55% 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.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
ENBRIDGE INC - ENBCN 5.918 PERP
TSX:ENB-PR-P (10/3/2025, 7:00:00 PM)
21.605
+0.03 (+0.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners56.25%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap47.12B
Analysts72.86
Price Target21.37 (-1.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
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)-3.55%
PT rev (3m)-3.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.44%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.37%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.25 | ||
| Fwd PE | 6.67 | ||
| P/S | 0.73 | ||
| P/FCF | 9.66 | ||
| P/OCF | 3.65 | ||
| P/B | 0.72 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 8.79 |
EPS(TTM)2.98
EY13.79%
EPS(NY)3.24
Fwd EY15%
FCF(TTM)2.24
FCFY10.35%
OCF(TTM)5.93
OCFY27.43%
SpS29.57
BVpS30.01
TBVpS11.93
PEG (NY)0.87
PEG (5Y)6.55
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
WACC7.12%
ROIC/WACC0.61
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%