ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) Stock Fundamental Analysis
TSX:ENB-PR-Y - Toronto Stock Exchange - CA29250N6836 - Currency: CAD
Overall ENB-PR-Y gets a fundamental rating of 5 out of 10. We evaluated ENB-PR-Y against 210 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-Y has a great profitability rating, there are quite some concerns on its financial health. ENB-PR-Y is valued quite cheap, while showing a decent growth score. This is a good combination! Finally ENB-PR-Y also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENB-PR-Y had positive earnings in the past year.
In the past year ENB-PR-Y had a positive cash flow from operations.
In the past 5 years ENB-PR-Y has always been profitable.
In the past 5 years ENB-PR-Y always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.68%, ENB-PR-Y is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
ENB-PR-Y's Return On Equity of 8.64% is fine compared to the rest of the industry. ENB-PR-Y outperforms 70.95% of its industry peers.
ENB-PR-Y has a better Return On Invested Capital (4.07%) than 68.10% of its industry peers.
ENB-PR-Y had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.31%.
The last Return On Invested Capital (4.07%) for ENB-PR-Y 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-Y is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
ENB-PR-Y's Profit Margin has declined in the last couple of years.
ENB-PR-Y has a Operating Margin of 17.53%. This is in the better half of the industry: ENB-PR-Y outperforms 68.57% of its industry peers.
ENB-PR-Y's Operating Margin has improved in the last couple of years.
The Gross Margin of ENB-PR-Y (42.37%) is better than 62.38% of its industry peers.
ENB-PR-Y'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-Y has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ENB-PR-Y has more shares outstanding
The number of shares outstanding for ENB-PR-Y has been increased compared to 5 years ago.
The debt/assets ratio for ENB-PR-Y is higher compared to a year ago.
2.2 Solvency
ENB-PR-Y has an Altman-Z score of 0.47. This is a bad value and indicates that ENB-PR-Y is not financially healthy and even has some risk of bankruptcy.
ENB-PR-Y's Altman-Z score of 0.47 is in line compared to the rest of the industry. ENB-PR-Y outperforms 42.38% of its industry peers.
ENB-PR-Y has a debt to FCF ratio of 20.56. This is a negative value and a sign of low solvency as ENB-PR-Y would need 20.56 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 20.56, ENB-PR-Y is doing good in the industry, outperforming 64.76% of the companies in the same industry.
ENB-PR-Y 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-Y is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.47 |
ROIC/WACC0.57
WACC7.12%
2.3 Liquidity
A Current Ratio of 0.73 indicates that ENB-PR-Y may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.73, ENB-PR-Y is in line with its industry, outperforming 53.33% of the companies in the same industry.
A Quick Ratio of 0.66 indicates that ENB-PR-Y may have some problems paying its short term obligations.
ENB-PR-Y's Quick ratio of 0.66 is in line compared to the rest of the industry. ENB-PR-Y outperforms 52.38% of its industry peers.
| 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-Y shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
ENB-PR-Y shows a strong growth in Revenue. In the last year, the Revenue has grown by 43.00%.
ENB-PR-Y 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
ENB-PR-Y is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.83% yearly.
Based on estimates for the next years, ENB-PR-Y will show a small growth in Revenue. The Revenue will grow by 6.39% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y7.83%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y6.39%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.81 indicates a rather cheap valuation of ENB-PR-Y.
ENB-PR-Y's Price/Earnings ratio is rather cheap when compared to the industry. ENB-PR-Y is cheaper than 86.19% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.45, ENB-PR-Y is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.10, the valuation of ENB-PR-Y can be described as very cheap.
ENB-PR-Y's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENB-PR-Y is cheaper than 83.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.90. ENB-PR-Y is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 6.1 |
4.2 Price Multiples
60.95% of the companies in the same industry are more expensive than ENB-PR-Y, based on the Enterprise Value to EBITDA ratio.
83.81% of the companies in the same industry are more expensive than ENB-PR-Y, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.61 | ||
| EV/EBITDA | 8.92 |
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-Y may justify a higher PE ratio.
PEG (NY)0.82
PEG (5Y)6.15
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-Y has a Yearly Dividend Yield of 6.73%, which is a nice return.
ENB-PR-Y's Dividend Yield is rather good when compared to the industry average which is at 6.19. ENB-PR-Y pays more dividend than 83.33% of the companies in the same industry.
ENB-PR-Y's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.73% |
5.2 History
The dividend of ENB-PR-Y has a limited annual growth rate of 4.10%.
ENB-PR-Y has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-Y has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
ENB-PR-Y pays out 142.15% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PR-Y 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 5.288 PERP
TSX:ENB-PR-Y (7/4/2025, 7:00:00 PM)
19.815
+0.02 (+0.08%)
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 Cap43.20B
Analysts72.14
Price Target20.82 (5.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.73% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years1
Div Non Decr Years4
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)9.4%
PT rev (3m)5.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.38%
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 | 6.81 | ||
| Fwd PE | 6.1 | ||
| P/S | 0.71 | ||
| P/FCF | 8.61 | ||
| P/OCF | 3.46 | ||
| P/B | 0.63 | ||
| P/tB | 1.59 | ||
| EV/EBITDA | 8.92 |
EPS(TTM)2.91
EY14.69%
EPS(NY)3.25
Fwd EY16.4%
FCF(TTM)2.3
FCFY11.61%
OCF(TTM)5.73
OCFY28.94%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.82
PEG (5Y)6.15
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
WACC7.12%
ROIC/WACC0.57
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 5Y7.83%
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 5Y6.39%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.25%
EBIT Next 3Y24.1%
EBIT Next 5Y15.89%
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%