ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) Stock Fundamental Analysis
TSX:ENB-PR-Y - Toronto Stock Exchange - CA29250N6836 - Currency: CAD
We assign a fundamental rating of 5 out of 10 to ENB-PR-Y. ENB-PR-Y was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. ENB-PR-Y has an excellent profitability rating, but there are concerns on its financial health. ENB-PR-Y scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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.
ENB-PR-Y had a positive operating cash flow in the past year.
ENB-PR-Y had positive earnings in each of the past 5 years.
ENB-PR-Y 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-Y is doing good in the industry, outperforming 65.71% of the companies in the same industry.
ENB-PR-Y has a Return On Equity of 8.64%. This is in the better half of the industry: ENB-PR-Y outperforms 70.95% of its industry peers.
ENB-PR-Y's Return On Invested Capital of 4.07% is fine compared to the rest of the industry. ENB-PR-Y outperforms 68.10% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENB-PR-Y is below the industry average of 7.31%.
The 3 year average ROIC (3.99%) for ENB-PR-Y is below the current ROIC(4.07%), indicating increased profibility in the last year.
| 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-Y has a better Profit Margin (9.67%) than 71.43% of its industry peers.
ENB-PR-Y's Profit Margin has declined in the last couple of years.
ENB-PR-Y's Operating Margin of 17.53% is fine compared to the rest of the industry. ENB-PR-Y outperforms 68.57% of its industry peers.
In the last couple of years the Operating Margin of ENB-PR-Y has grown nicely.
ENB-PR-Y has a better Gross Margin (42.37%) than 62.38% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-Y 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-Y 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 has a Altman-Z score (0.47) which is in line with its industry peers.
The Debt to FCF ratio of ENB-PR-Y is 20.56, which is on the high side as it means it would take ENB-PR-Y, 20.56 years of fcf income to pay off all of its debts.
ENB-PR-Y has a better Debt to FCF ratio (20.56) than 64.76% of its industry peers.
A Debt/Equity ratio of 1.44 is on the high side and indicates that ENB-PR-Y has dependencies on debt 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
ENB-PR-Y has a Current Ratio of 0.73. This is a bad value and indicates that ENB-PR-Y is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-Y has a Current ratio (0.73) which is in line with its industry peers.
A Quick Ratio of 0.66 indicates that ENB-PR-Y may have some problems paying its short term obligations.
The Quick ratio of ENB-PR-Y (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.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
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
The Earnings Per Share is expected to grow by 7.83% on average over the next years.
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.
When comparing the Revenue 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
With a Price/Earnings ratio of 6.81, the valuation of ENB-PR-Y can be described as very cheap.
Based on the Price/Earnings ratio, ENB-PR-Y is valued cheaply inside the industry as 86.19% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ENB-PR-Y to the average of the S&P500 Index (27.45), we can say ENB-PR-Y is valued rather cheaply.
The Price/Forward Earnings ratio is 6.10, which indicates a rather cheap valuation of ENB-PR-Y.
Based on the Price/Forward Earnings ratio, ENB-PR-Y is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
ENB-PR-Y is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.81 | ||
| Fwd PE | 6.1 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-Y indicates a somewhat cheap valuation: ENB-PR-Y is cheaper than 60.95% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ENB-PR-Y is valued cheaply inside the industry as 83.81% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.61 | ||
| EV/EBITDA | 8.92 |
4.3 Compensation for Growth
ENB-PR-Y'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-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
With a Yearly Dividend Yield of 6.68%, ENB-PR-Y is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.26, ENB-PR-Y pays a better dividend. On top of this ENB-PR-Y pays more dividend than 83.33% of the companies listed in the same industry.
ENB-PR-Y's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
5.2 History
The dividend of ENB-PR-Y has a limited annual growth rate of 4.10%.
ENB-PR-Y has paid a dividend for at least 10 years, which is 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 | 6.68% |
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%