ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Fundamental Analysis
TSX:ENB-PR-V - Toronto Stock Exchange - CA29250N7172 - Currency: USD
We assign a fundamental rating of 5 out of 10 to ENB-PR-V. ENB-PR-V was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PR-V while its profitability can be described as average. ENB-PR-V scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally ENB-PR-V also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-V was profitable.
In the past year ENB-PR-V had a positive cash flow from operations.
ENB-PR-V had positive earnings in each of the past 5 years.
In the past 5 years ENB-PR-V always reported a positive cash flow from operatings.
1.2 Ratios
ENB-PR-V has a Return On Assets of 2.68%. This is comparable to the rest of the industry: ENB-PR-V outperforms 58.49% of its industry peers.
ENB-PR-V has a better Return On Equity (8.64%) than 64.15% of its industry peers.
With a decent Return On Invested Capital value of 4.07%, ENB-PR-V is doing good in the industry, outperforming 61.32% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-V is below the industry average of 7.33%.
The last Return On Invested Capital (4.07%) for ENB-PR-V 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-V has a better Profit Margin (9.67%) than 64.15% of its industry peers.
ENB-PR-V's Profit Margin has declined in the last couple of years.
ENB-PR-V's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PR-V outperforms 61.79% of its industry peers.
ENB-PR-V's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 42.37%, ENB-PR-V perfoms like the industry average, outperforming 55.66% of the companies in the same industry.
In the last couple of years the Gross Margin of ENB-PR-V 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ENB-PR-V is destroying value.
ENB-PR-V has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PR-V has more shares outstanding
The debt/assets ratio for ENB-PR-V is higher compared to a year ago.
2.2 Solvency
ENB-PR-V has an Altman-Z score of 0.50. This is a bad value and indicates that ENB-PR-V is not financially healthy and even has some risk of bankruptcy.
ENB-PR-V has a Altman-Z score of 0.50. This is comparable to the rest of the industry: ENB-PR-V outperforms 50.00% of its industry peers.
The Debt to FCF ratio of ENB-PR-V is 20.56, which is on the high side as it means it would take ENB-PR-V, 20.56 years of fcf income to pay off all of its debts.
ENB-PR-V's Debt to FCF ratio of 20.56 is in line compared to the rest of the industry. ENB-PR-V outperforms 57.55% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PR-V has dependencies on debt financing.
The Debt to Equity ratio of ENB-PR-V (1.44) is worse than 73.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.54
WACC7.57%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PR-V may have some problems paying its short term obligations.
ENB-PR-V has a Current ratio (0.73) which is in line with its industry peers.
ENB-PR-V has a Quick Ratio of 0.73. This is a bad value and indicates that ENB-PR-V is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-V 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
ENB-PR-V shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.75%.
Measured over the past 5 years, ENB-PR-V shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
Looking at the last year, ENB-PR-V shows a very strong growth in Revenue. The Revenue has grown by 43.00%.
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-V 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-V 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
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
With a Price/Earnings ratio of 8.13, the valuation of ENB-PR-V can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-V indicates a somewhat cheap valuation: ENB-PR-V is cheaper than 74.53% of the companies listed in the same industry.
ENB-PR-V's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.92.
ENB-PR-V is valuated cheaply with a Price/Forward Earnings ratio of 7.28.
71.70% of the companies in the same industry are more expensive than ENB-PR-V, based on the Price/Forward Earnings ratio.
ENB-PR-V is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.13 | ||
| Fwd PE | 7.28 |
4.2 Price Multiples
ENB-PR-V's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ENB-PR-V is valued a bit cheaper than 74.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.29 | ||
| EV/EBITDA | 9.45 |
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-V has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.98
PEG (5Y)7.35
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-V has a Yearly Dividend Yield of 6.79%, which is a nice return.
ENB-PR-V's Dividend Yield is rather good when compared to the industry average which is at 6.21. ENB-PR-V pays more dividend than 91.04% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, ENB-PR-V pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
5.2 History
The dividend of ENB-PR-V has a limited annual growth rate of 4.10%.
ENB-PR-V has paid a dividend for at least 10 years, which is a reliable track record.
ENB-PR-V 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 Years2
Div Non Decr Years11
5.3 Sustainability
142.15% of the earnings are spent on dividend by ENB-PR-V. This is not a sustainable payout ratio.
The dividend of ENB-PR-V 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 6.7037 PERP
TSX:ENB-PR-V (6/23/2025, 7:00:00 PM)
23.67
+0.07 (+0.3%)
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 Cap51.60B
Analysts72.14
Price Target25.61 (8.2%)
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 Years2
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)6.97%
PT rev (3m)2.9%
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 | 8.13 | ||
| Fwd PE | 7.28 | ||
| P/S | 0.85 | ||
| P/FCF | 10.29 | ||
| P/OCF | 4.13 | ||
| P/B | 0.76 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 9.45 |
EPS(TTM)2.91
EY12.29%
EPS(NY)3.25
Fwd EY13.73%
FCF(TTM)2.3
FCFY9.72%
OCF(TTM)5.73
OCFY24.23%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.98
PEG (5Y)7.35
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 | 0.5 |
F-Score5
WACC7.57%
ROIC/WACC0.54
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%