ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Fundamental Analysis
TSX:ENB-PR-V - Toronto Stock Exchange - CA29250N7172 - Currency: USD
Overall ENB-PR-V gets a fundamental rating of 4 out of 10. We evaluated ENB-PR-V against 221 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 is valued quite cheap, but it does not seem to be growing. ENB-PR-V also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-V was profitable.
ENB-PR-V had a positive operating cash flow in the past year.
Of the past 5 years ENB-PR-V 4 years were profitable.
Of the past 5 years ENB-PR-V 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 3.05%, ENB-PR-V perfoms like the industry average, outperforming 54.11% of the companies in the same industry.
The Return On Equity of ENB-PR-V (9.55%) is better than 61.35% of its industry peers.
ENB-PR-V has a Return On Invested Capital of 3.61%. This is comparable to the rest of the industry: ENB-PR-V outperforms 52.17% of its industry peers.
ENB-PR-V had an Average Return On Invested Capital over the past 3 years of 3.72%. This is below the industry average of 7.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 9.55% | ||
| ROIC | 3.61% |
ROA(3y)2.71%
ROA(5y)2.65%
ROE(3y)7.8%
ROE(5y)7.26%
ROIC(3y)3.72%
ROIC(5y)3.76%
1.3 Margins
ENB-PR-V has a better Profit Margin (12.95%) than 63.28% of its industry peers.
ENB-PR-V's Profit Margin has improved in the last couple of years.
ENB-PR-V has a better Operating Margin (19.72%) than 61.84% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-V has grown nicely.
ENB-PR-V has a Gross Margin of 48.94%. This is in the better half of the industry: ENB-PR-V outperforms 60.87% of its industry peers.
ENB-PR-V's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.72% | ||
| PM (TTM) | 12.95% | ||
| GM | 48.94% |
OM growth 3Y0.93%
OM growth 5Y6.39%
PM growth 3Y20.57%
PM growth 5Y19.79%
GM growth 3Y2.95%
GM growth 5Y6.79%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-V is destroying value.
There is no outstanding debt for ENB-PR-V. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 0.46, we must say that ENB-PR-V is in the distress zone and has some risk of bankruptcy.
ENB-PR-V has a Altman-Z score (0.46) which is in line with its industry peers.
ENB-PR-V has a debt to FCF ratio of 13.61. This is a negative value and a sign of low solvency as ENB-PR-V would need 13.61 years to pay back of all of its debts.
With a Debt to FCF ratio value of 13.61, ENB-PR-V perfoms like the industry average, outperforming 59.90% of the companies in the same industry.
ENB-PR-V has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
ENB-PR-V has a worse Debt to Equity ratio (1.34) than 78.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 13.61 | ||
| Altman-Z | 0.46 |
ROIC/WACC0.55
WACC6.58%
2.3 Liquidity
A Current Ratio of 0.62 indicates that ENB-PR-V may have some problems paying its short term obligations.
ENB-PR-V has a worse Current ratio (0.62) than 74.88% of its industry peers.
ENB-PR-V has a Quick Ratio of 0.62. 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 of 0.54. This is in the lower half of the industry: ENB-PR-V underperforms 69.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.54 |
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 0.42%.
ENB-PR-V shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.12% yearly.
EPS 1Y (TTM)0.42%
EPS 3Y0.62%
EPS 5Y1.12%
EPS Q2Q%17.46%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%45.52%
3.2 Future
The Earnings Per Share is expected to grow by 8.10% on average over the next years. This is quite good.
ENB-PR-V is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.66% yearly.
EPS Next Y9.64%
EPS Next 2Y7.05%
EPS Next 3Y8.84%
EPS Next 5Y8.1%
Revenue Next Year-21.51%
Revenue Next 2Y-8.05%
Revenue Next 3Y-7.41%
Revenue Next 5Y1.66%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.45 indicates a reasonable valuation of ENB-PR-V.
70.53% of the companies in the same industry are more expensive than ENB-PR-V, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 30.19. ENB-PR-V is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.70, which indicates a rather cheap valuation of ENB-PR-V.
Based on the Price/Forward Earnings ratio, ENB-PR-V is valued a bit cheaper than 68.12% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.58, ENB-PR-V is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.45 | ||
| Fwd PE | 7.7 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ENB-PR-V.
Based on the Price/Free Cash Flow ratio, ENB-PR-V is valued a bit cheaper than the industry average as 76.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.36 | ||
| EV/EBITDA | 9.92 |
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-V may justify a higher PE ratio.
PEG (NY)0.88
PEG (5Y)7.54
EPS Next 2Y7.05%
EPS Next 3Y8.84%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.83%, ENB-PR-V is a good candidate for dividend investing.
ENB-PR-V's Dividend Yield is rather good when compared to the industry average which is at 6.30. ENB-PR-V pays more dividend than 89.86% of the companies in the same industry.
ENB-PR-V's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.83% |
5.2 History
On average, the dividend of ENB-PR-V grows each year by 10.75%, which is quite nice.
ENB-PR-V has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-V has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)10.75%
Div Incr Years2
Div Non Decr Years11
5.3 Sustainability
129.64% 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 the earnings are growing slower. This means the dividend growth is not sustainable.
DP129.64%
EPS Next 2Y7.05%
EPS Next 3Y8.84%
ENBRIDGE INC - ENBCN 6.7037 PERP
TSX:ENB-PR-V (2/14/2025, 7:00:00 PM)
23.65
-0.2 (-0.84%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.84%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap51.53B
Analysts71.11
Price Target23.69 (0.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.83% |
Yearly Dividend3.45
Dividend Growth(5Y)10.75%
DP129.64%
Div Incr Years2
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.86%
Min EPS beat(2)-9.75%
Max EPS beat(2)-1.96%
EPS beat(4)1
Avg EPS beat(4)-1.75%
Min EPS beat(4)-9.75%
Max EPS beat(4)11.79%
EPS beat(8)2
Avg EPS beat(8)-2.66%
EPS beat(12)3
Avg EPS beat(12)-3.06%
EPS beat(16)6
Avg EPS beat(16)-0.74%
Revenue beat(2)2
Avg Revenue beat(2)107.08%
Min Revenue beat(2)96.43%
Max Revenue beat(2)117.73%
Revenue beat(4)3
Avg Revenue beat(4)51.72%
Min Revenue beat(4)-15.94%
Max Revenue beat(4)117.73%
Revenue beat(8)3
Avg Revenue beat(8)18.94%
Revenue beat(12)6
Avg Revenue beat(12)13.79%
Revenue beat(16)8
Avg Revenue beat(16)11.98%
PT rev (1m)-5.82%
PT rev (3m)-0.31%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)-1.28%
EPS NY rev (1m)-1.11%
EPS NY rev (3m)-2.91%
Revenue NQ rev (1m)0.57%
Revenue NQ rev (3m)-40.45%
Revenue NY rev (1m)0.88%
Revenue NY rev (3m)19.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.45 | ||
| Fwd PE | 7.7 | ||
| P/S | 1.06 | ||
| P/FCF | 7.36 | ||
| P/OCF | 4.04 | ||
| P/B | 0.78 | ||
| P/tB | 1.94 | ||
| EV/EBITDA | 9.92 |
EPS(TTM)2.8
EY11.84%
EPS(NY)3.07
Fwd EY12.99%
FCF(TTM)3.21
FCFY13.59%
OCF(TTM)5.85
OCFY24.74%
SpS22.28
BVpS30.19
TBVpS12.17
PEG (NY)0.88
PEG (5Y)7.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 9.55% | ||
| ROCE | 5.13% | ||
| ROIC | 3.61% | ||
| ROICexc | 3.65% | ||
| ROICexgc | 4.63% | ||
| OM | 19.72% | ||
| PM (TTM) | 12.95% | ||
| GM | 48.94% | ||
| FCFM | 14.42% |
ROA(3y)2.71%
ROA(5y)2.65%
ROE(3y)7.8%
ROE(5y)7.26%
ROIC(3y)3.72%
ROIC(5y)3.76%
ROICexc(3y)3.78%
ROICexc(5y)3.8%
ROICexgc(3y)4.91%
ROICexgc(5y)4.96%
ROCE(3y)5.3%
ROCE(5y)5.35%
ROICexcg growth 3Y1.83%
ROICexcg growth 5Y4.01%
ROICexc growth 3Y2.35%
ROICexc growth 5Y4.46%
OM growth 3Y0.93%
OM growth 5Y6.39%
PM growth 3Y20.57%
PM growth 5Y19.79%
GM growth 3Y2.95%
GM growth 5Y6.79%
F-Score5
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 13.61 | ||
| Debt/EBITDA | 6.08 | ||
| Cap/Depr | 116.17% | ||
| Cap/Sales | 11.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.77% | ||
| Profit Quality | 111.37% | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.46 |
F-Score5
WACC6.58%
ROIC/WACC0.55
Cap/Depr(3y)142.49%
Cap/Depr(5y)149.35%
Cap/Sales(3y)12.47%
Cap/Sales(5y)12.63%
Profit Quality(3y)142.42%
Profit Quality(5y)127.27%
High Growth Momentum
Growth
EPS 1Y (TTM)0.42%
EPS 3Y0.62%
EPS 5Y1.12%
EPS Q2Q%17.46%
EPS Next Y9.64%
EPS Next 2Y7.05%
EPS Next 3Y8.84%
EPS Next 5Y8.1%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%45.52%
Revenue Next Year-21.51%
Revenue Next 2Y-8.05%
Revenue Next 3Y-7.41%
Revenue Next 5Y1.66%
EBIT growth 1Y6.29%
EBIT growth 3Y4.71%
EBIT growth 5Y5.11%
EBIT Next Year71%
EBIT Next 3Y23.69%
EBIT Next 5Y16.27%
FCF growth 1Y68.66%
FCF growth 3Y30.86%
FCF growth 5Y24.19%
OCF growth 1Y34.11%
OCF growth 3Y13.23%
OCF growth 5Y6.22%