ENBRIDGE INC - ENBCN 6.314 PERP (ENB-PR-T.CA) Stock Fundamental Analysis
TSX:ENB-PR-T - Toronto Stock Exchange - CA29250N7339 - Currency: CAD
Overall ENB-PR-T gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-T against 212 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-T has an excellent profitability rating, but there are concerns on its financial health. ENB-PR-T is valued quite cheap, while showing a decent growth score. This is a good combination! ENB-PR-T also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-T had positive earnings in the past year.
ENB-PR-T had a positive operating cash flow in the past year.
In the past 5 years ENB-PR-T has always been profitable.
ENB-PR-T 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-T is doing good in the industry, outperforming 60.38% of the companies in the same industry.
With a decent Return On Equity value of 8.64%, ENB-PR-T is doing good in the industry, outperforming 66.04% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.07%, ENB-PR-T is in the better half of the industry, outperforming 63.21% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-T is below the industry average of 7.33%.
The last Return On Invested Capital (4.07%) for ENB-PR-T 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
ENB-PR-T has a Profit Margin of 9.67%. This is in the better half of the industry: ENB-PR-T outperforms 66.04% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-T has declined.
ENB-PR-T has a Operating Margin of 17.53%. This is in the better half of the industry: ENB-PR-T outperforms 63.68% of its industry peers.
ENB-PR-T's Operating Margin has improved in the last couple of years.
ENB-PR-T's Gross Margin of 42.37% is in line compared to the rest of the industry. ENB-PR-T outperforms 57.55% of its industry peers.
ENB-PR-T's Gross Margin has improved in the last couple of years.
| 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-T 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-T has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PR-T has been increased compared to 5 years ago.
Compared to 1 year ago, ENB-PR-T has a worse debt to assets ratio.
2.2 Solvency
ENB-PR-T has an Altman-Z score of 0.48. This is a bad value and indicates that ENB-PR-T is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.48, ENB-PR-T is in line with its industry, outperforming 48.11% of the companies in the same industry.
The Debt to FCF ratio of ENB-PR-T is 20.56, which is on the high side as it means it would take ENB-PR-T, 20.56 years of fcf income to pay off all of its debts.
ENB-PR-T's Debt to FCF ratio of 20.56 is in line compared to the rest of the industry. ENB-PR-T outperforms 59.43% of its industry peers.
ENB-PR-T has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.44, ENB-PR-T is not doing good in the industry: 71.23% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.56
WACC7.31%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PR-T may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.73, ENB-PR-T is in line with its industry, outperforming 48.58% of the companies in the same industry.
ENB-PR-T has a Quick Ratio of 0.73. This is a bad value and indicates that ENB-PR-T is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ENB-PR-T (0.66) 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.
ENB-PR-T shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
ENB-PR-T shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.00%.
ENB-PR-T shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.32% yearly.
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
The Earnings Per Share is expected to grow by 8.20% on average over the next years. This is quite good.
Based on estimates for the next years, ENB-PR-T 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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.36, which indicates a rather cheap valuation of ENB-PR-T.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-T indicates a somewhat cheap valuation: ENB-PR-T is cheaper than 79.72% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.92, ENB-PR-T is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.59, the valuation of ENB-PR-T can be described as very cheap.
ENB-PR-T's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ENB-PR-T is cheaper than 76.89% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.46. ENB-PR-T is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 6.59 |
4.2 Price Multiples
ENB-PR-T's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ENB-PR-T is valued a bit cheaper than the industry average as 77.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.31 | ||
| EV/EBITDA | 9.14 |
4.3 Compensation for Growth
ENB-PR-T'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-T may justify a higher PE ratio.
PEG (NY)0.88
PEG (5Y)6.65
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.79%, ENB-PR-T is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.21, ENB-PR-T pays a better dividend. On top of this ENB-PR-T pays more dividend than 89.15% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ENB-PR-T pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
5.2 History
The dividend of ENB-PR-T has a limited annual growth rate of 4.10%.
ENB-PR-T has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-T 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 Years11
5.3 Sustainability
ENB-PR-T pays out 142.15% of its income as dividend. This is not a sustainable payout ratio.
ENB-PR-T'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 6.314 PERP
TSX:ENB-PR-T (6/23/2025, 7:00:00 PM)
21.42
+0.02 (+0.09%)
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 Cap46.70B
Analysts72.14
Price Target23.15 (8.08%)
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 Years11
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)11.12%
PT rev (3m)3.36%
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 | 7.36 | ||
| Fwd PE | 6.59 | ||
| P/S | 0.77 | ||
| P/FCF | 9.31 | ||
| P/OCF | 3.74 | ||
| P/B | 0.68 | ||
| P/tB | 1.72 | ||
| EV/EBITDA | 9.14 |
EPS(TTM)2.91
EY13.59%
EPS(NY)3.25
Fwd EY15.17%
FCF(TTM)2.3
FCFY10.74%
OCF(TTM)5.73
OCFY26.77%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.88
PEG (5Y)6.65
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 | 0.48 |
F-Score5
WACC7.31%
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%