ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Stock Fundamental Analysis
TSX:ENB-PR-P - Toronto Stock Exchange - CA29250N7586 - Currency: CAD
Overall ENB-PR-P gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-P against 212 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. Finally ENB-PR-P also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-P was profitable.
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.
ENB-PR-P had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.68%, ENB-PR-P is doing good in the industry, outperforming 62.26% of the companies in the same industry.
ENB-PR-P has a Return On Equity of 8.64%. This is in the better half of the industry: ENB-PR-P outperforms 67.92% of its industry peers.
With a decent Return On Invested Capital value of 4.07%, ENB-PR-P is doing good in the industry, outperforming 65.09% 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 7.33%.
The last Return On Invested Capital (4.07%) for ENB-PR-P is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.68% | ||
| 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
Looking at the Profit Margin, with a value of 9.67%, ENB-PR-P is in the better half of the industry, outperforming 67.92% of the companies in the same industry.
ENB-PR-P's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 17.53%, ENB-PR-P is doing good in the industry, outperforming 65.57% of the companies in the same industry.
ENB-PR-P's Operating Margin has improved in the last couple of years.
ENB-PR-P has a Gross Margin of 42.37%. This is comparable to the rest of the industry: ENB-PR-P outperforms 59.43% 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
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
The number of shares outstanding for ENB-PR-P has been increased compared to 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 0.47, we must say that ENB-PR-P is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.47, ENB-PR-P is in line with its industry, outperforming 46.23% of the companies in the same industry.
The Debt to FCF ratio of ENB-PR-P is 20.56, which is on the high side as it means it would take ENB-PR-P, 20.56 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ENB-PR-P (20.56) is better than 61.32% of its industry peers.
ENB-PR-P has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
ENB-PR-P's Debt to Equity ratio of 1.44 is on the low side compared to the rest of the industry. ENB-PR-P is outperformed by 69.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.47 |
ROIC/WACC0.56
WACC7.23%
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 50.47% of the companies in the same industry.
ENB-PR-P has a Quick 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 Quick ratio value of 0.66, ENB-PR-P perfoms like the industry average, outperforming 49.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
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 1.75%.
ENB-PR-P shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
The Revenue has grown by 43.00% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.32% on average over the past years.
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 8.20% yearly.
Based on estimates for the next years, ENB-PR-P will show a small growth in Revenue. The Revenue will grow by 0.41% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.2%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.41%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.13, the valuation of ENB-PR-P can be described as very cheap.
ENB-PR-P's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-P is cheaper than 81.60% of the companies in the same industry.
ENB-PR-P is valuated cheaply when we compare the Price/Earnings ratio to 26.69, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.38, which indicates a rather cheap valuation of ENB-PR-P.
Based on the Price/Forward Earnings ratio, ENB-PR-P is valued cheaper than 80.19% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.29. ENB-PR-P is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 6.38 |
4.2 Price Multiples
ENB-PR-P's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENB-PR-P indicates a somewhat cheap valuation: ENB-PR-P is cheaper than 79.72% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.01 | ||
| EV/EBITDA | 9.04 |
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-P has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.86
PEG (5Y)6.44
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-P has a Yearly Dividend Yield of 6.79%, which is a nice return.
Compared to an average industry Dividend Yield of 6.21, ENB-PR-P pays a better dividend. On top of this ENB-PR-P pays more dividend than 87.26% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, ENB-PR-P pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
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 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 142.15% 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.
DP142.15%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.918 PERP
TSX:ENB-PR-P (6/25/2025, 7:00:00 PM)
20.74
+0.12 (+0.58%)
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 Cap45.21B
Analysts72.14
Price Target22.18 (6.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
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)10.71%
PT rev (3m)3.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 6.38 | ||
| P/S | 0.74 | ||
| P/FCF | 9.01 | ||
| P/OCF | 3.62 | ||
| P/B | 0.66 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 9.04 |
EPS(TTM)2.91
EY14.03%
EPS(NY)3.25
Fwd EY15.67%
FCF(TTM)2.3
FCFY11.09%
OCF(TTM)5.73
OCFY27.65%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.86
PEG (5Y)6.44
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
WACC7.23%
ROIC/WACC0.56
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 5Y8.2%
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 5Y0.41%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y16.19%
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%