ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Fundamental Analysis & Valuation
TSX:ENB-PR-P • CA29250N7586
Current stock price
This ENB-PR-P.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ENB-PR-P.CA Profitability Analysis
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.
- 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
- Looking at the Return On Assets, with a value of 3.24%, ENB-PR-P is in the better half of the industry, outperforming 69.86% of the companies in the same industry.
- ENB-PR-P has a better Return On Equity (11.35%) than 76.56% of its industry peers.
- The Return On Invested Capital of ENB-PR-P (4.46%) is better than 64.11% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ENB-PR-P is below the industry average of 6.63%.
- The last Return On Invested Capital (4.46%) for ENB-PR-P is above the 3 year average (4.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROIC | 4.46% |
1.3 Margins
- With a decent Profit Margin value of 10.85%, ENB-PR-P is doing good in the industry, outperforming 70.33% of the companies in the same industry.
- ENB-PR-P's Profit Margin has improved in the last couple of years.
- ENB-PR-P has a better Operating Margin (17.37%) than 69.38% of its industry peers.
- ENB-PR-P's Operating Margin has declined in the last couple of years.
- ENB-PR-P has a Gross Margin of 41.37%. This is in the better half of the industry: ENB-PR-P outperforms 66.03% of its industry peers.
- ENB-PR-P's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% |
2. ENB-PR-P.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-P is destroying value.
- The number of shares outstanding for ENB-PR-P remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, ENB-PR-P has more shares outstanding
- Compared to 1 year ago, ENB-PR-P has a worse debt to assets ratio.
2.2 Solvency
- ENB-PR-P has an Altman-Z score of 0.49. This is a bad value and indicates that ENB-PR-P is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of ENB-PR-P (0.49) is comparable to the rest of the industry.
- The Debt to FCF ratio of ENB-PR-P is 33.90, which is on the high side as it means it would take ENB-PR-P, 33.90 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 33.90, ENB-PR-P is doing good in the industry, outperforming 60.77% of the companies in the same industry.
- ENB-PR-P has a Debt/Equity ratio of 1.61. This is a high value indicating a heavy dependency on external financing.
- ENB-PR-P has a worse Debt to Equity ratio (1.61) than 65.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Altman-Z | 0.49 |
2.3 Liquidity
- A Current Ratio of 0.63 indicates that ENB-PR-P may have some problems paying its short term obligations.
- With a Current ratio value of 0.63, ENB-PR-P perfoms like the industry average, outperforming 41.15% of the companies in the same industry.
- ENB-PR-P has a Quick Ratio of 0.63. 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.
- ENB-PR-P has a Quick ratio of 0.55. This is comparable to the rest of the industry: ENB-PR-P outperforms 41.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 |
3. ENB-PR-P.CA Growth Analysis
3.1 Past
- ENB-PR-P shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.86%.
- ENB-PR-P shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.44% yearly.
- Looking at the last year, ENB-PR-P shows a very strong growth in Revenue. The Revenue has grown by 21.92%.
- The Revenue has been growing by 10.77% on average over the past years. This is quite good.
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 4.39% on average per year.
- Based on estimates for the next years, ENB-PR-P will show a small growth in Revenue. The Revenue will grow by 0.76% on average per year.
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 stable.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. ENB-PR-P.CA Valuation Analysis
4.1 Price/Earnings Ratio
- ENB-PR-P is valuated cheaply with a Price/Earnings ratio of 7.74.
- Based on the Price/Earnings ratio, ENB-PR-P is valued cheaper than 85.65% of the companies in the same industry.
- ENB-PR-P is valuated cheaply when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
- ENB-PR-P is valuated cheaply with a Price/Forward Earnings ratio of 7.69.
- Based on the Price/Forward Earnings ratio, ENB-PR-P is valued cheaply inside the industry as 87.08% of the companies are valued more expensively.
- ENB-PR-P is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.74 | ||
| Fwd PE | 7.69 |
4.2 Price Multiples
- 64.59% of the companies in the same industry are more expensive than ENB-PR-P, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, ENB-PR-P is valued a bit cheaper than the industry average as 73.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.42 | ||
| EV/EBITDA | 9.06 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ENB-PR-P does not grow enough to justify the current Price/Earnings ratio.
- ENB-PR-P has a very decent profitability rating, which may justify a higher PE ratio.
5. ENB-PR-P.CA Dividend Analysis
5.1 Amount
- ENB-PR-P has a Yearly Dividend Yield of 6.61%, which is a nice return.
- ENB-PR-P's Dividend Yield is rather good when compared to the industry average which is at 4.73. ENB-PR-P pays more dividend than 91.39% of the companies in the same industry.
- ENB-PR-P's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.61% |
5.2 History
- The dividend of ENB-PR-P has a limited annual growth rate of 2.95%.
- 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.
5.3 Sustainability
- ENB-PR-P pays out 122.16% 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.
ENB-PR-P.CA Fundamentals: All Metrics, Ratios and Statistics
ENBRIDGE INC - ENBCN 5.918 PERP
TSX:ENB-PR-P (3/13/2026, 7:00:00 PM)
23.37
-0.02 (-0.09%)
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.61% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.74 | ||
| Fwd PE | 7.69 | ||
| P/S | 0.78 | ||
| P/FCF | 16.42 | ||
| P/OCF | 4.16 | ||
| P/B | 0.82 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 9.06 |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.24% | ||
| ROE | 11.35% | ||
| ROCE | 5.73% | ||
| ROIC | 4.46% | ||
| ROICexc | 4.49% | ||
| ROICexgc | 5.6% | ||
| OM | 17.37% | ||
| PM (TTM) | 10.85% | ||
| GM | 41.37% | ||
| FCFM | 4.76% |
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.61 | ||
| Debt/FCF | 33.9 | ||
| Debt/EBITDA | 5.9 | ||
| Cap/Depr | 161.9% | ||
| Cap/Sales | 14.06% | ||
| Interest Coverage | 2.3 | ||
| Cash Conversion | 72.25% | ||
| Profit Quality | 43.91% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.49 |
ENBRIDGE INC - ENBCN 5.918 PERP / ENB-PR-P.CA Fundamental Analysis FAQ
What is the fundamental rating for ENB-PR-P stock?
ChartMill assigns a fundamental rating of 5 / 10 to ENB-PR-P.CA.
What is the valuation status for ENB-PR-P stock?
ChartMill assigns a valuation rating of 7 / 10 to ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA). This can be considered as Undervalued.
What is the profitability of ENB-PR-P stock?
ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) has a profitability rating of 6 / 10.
What is the valuation of ENBRIDGE INC - ENBCN 5.918 PERP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) is 7.74 and the Price/Book (PB) ratio is 0.82.
What is the expected EPS growth for ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) stock?
The Earnings per Share (EPS) of ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) is expected to grow by 0.58% in the next year.