ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) Stock Fundamental Analysis
TSX:ENB-PR-Y - Toronto Stock Exchange - CA29250N6836 - Currency: CAD
Taking everything into account, ENB-PR-Y scores 5 out of 10 in our fundamental rating. ENB-PR-Y was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB-PR-Y belongs to the best of the industry regarding profitability, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-Y. 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.
Each year in the past 5 years ENB-PR-Y has been profitable.
ENB-PR-Y had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENB-PR-Y has a better Return On Assets (2.68%) than 65.22% of its industry peers.
ENB-PR-Y has a better Return On Equity (8.64%) than 69.57% of its industry peers.
ENB-PR-Y has a Return On Invested Capital of 4.07%. This is in the better half of the industry: ENB-PR-Y outperforms 66.18% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENB-PR-Y is below the industry average of 7.37%.
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's Profit Margin of 9.67% is fine compared to the rest of the industry. ENB-PR-Y outperforms 71.01% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-Y has declined.
Looking at the Operating Margin, with a value of 17.53%, ENB-PR-Y is in the better half of the industry, outperforming 65.70% of the companies in the same industry.
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 61.35% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ENB-PR-Y is destroying value.
The number of shares outstanding for ENB-PR-Y has been increased compared to 1 year ago.
The number of shares outstanding for ENB-PR-Y has been increased compared to 5 years ago.
ENB-PR-Y has a worse debt/assets ratio than last year.
2.2 Solvency
ENB-PR-Y has an Altman-Z score of 0.46. 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 0.46 is in line compared to the rest of the industry. ENB-PR-Y outperforms 43.48% of 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's Debt to FCF ratio of 20.56 is fine compared to the rest of the industry. ENB-PR-Y outperforms 65.70% of its industry peers.
ENB-PR-Y has a Debt/Equity ratio of 1.44. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.44, ENB-PR-Y is doing worse than 70.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.44 | ||
| Debt/FCF | 20.56 | ||
| Altman-Z | 0.46 |
ROIC/WACC0.58
WACC6.97%
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.
Looking at the Current ratio, with a value of 0.73, ENB-PR-Y is in line with its industry, outperforming 51.21% 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 has a Quick ratio (0.66) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
ENB-PR-Y shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.36%.
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.
Looking at the last year, ENB-PR-Y shows a very strong growth in Revenue. 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)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%54.45%
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 8.26% on average over the next years. This is quite good.
The Revenue is expected to grow by 0.28% on average over the next years.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.97%
Revenue Next 2Y9.15%
Revenue Next 3Y7.36%
Revenue Next 5Y0.28%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 6.75 indicates a rather cheap valuation of ENB-PR-Y.
Based on the Price/Earnings ratio, ENB-PR-Y is valued cheaper than 85.02% of the companies in the same industry.
When comparing the Price/Earnings ratio of ENB-PR-Y to the average of the S&P500 Index (26.70), we can say ENB-PR-Y is valued rather cheaply.
A Price/Forward Earnings ratio of 5.82 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 85.02% of the companies are valued more expensively.
ENB-PR-Y is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.49, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.75 | ||
| Fwd PE | 5.82 |
4.2 Price Multiples
ENB-PR-Y's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENB-PR-Y is cheaper than 60.39% of the companies in the same industry.
83.09% 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 | 8.22 | ||
| EV/EBITDA | 8.8 |
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)0.81
PEG (5Y)6.1
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.01%, ENB-PR-Y is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.56, ENB-PR-Y pays a better dividend. On top of this ENB-PR-Y pays more dividend than 83.09% 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 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
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 (5/16/2025, 7:00:00 PM)
18.91
+0.09 (+0.48%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap41.22B
Analysts72.14
Price Target19.04 (0.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP142.15%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
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)-2.64%
PT rev (3m)0.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.64%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)83.11%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)46.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.75 | ||
| Fwd PE | 5.82 | ||
| P/S | 0.68 | ||
| P/FCF | 8.22 | ||
| P/OCF | 3.3 | ||
| P/B | 0.6 | ||
| P/tB | 1.52 | ||
| EV/EBITDA | 8.8 |
EPS(TTM)2.8
EY14.81%
EPS(NY)3.25
Fwd EY17.19%
FCF(TTM)2.3
FCFY12.17%
OCF(TTM)5.73
OCFY30.33%
SpS27.95
BVpS31.31
TBVpS12.45
PEG (NY)0.81
PEG (5Y)6.1
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 | 0.46 |
F-Score5
WACC6.97%
ROIC/WACC0.58
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)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%54.45%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
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 5Y0.28%
EBIT growth 1Y17.72%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.24%
EBIT Next 3Y24.16%
EBIT Next 5Y16.03%
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%