ENBRIDGE INC (ENB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ENB - CA29250N1050 - Common Stock
47.34 USD
-0.07 (-0.15%)
ENB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 209 industry peers in the Oil, Gas & Consumable Fuels industry. ENB has a medium profitability rating, but doesn't score so well on its financial health evaluation. ENB is quite expensive at the moment. It does show a decent growth rate. ENB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB was profitable.
In the past year ENB had a positive cash flow from operations.
ENB had positive earnings in each of the past 5 years.
ENB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENB has a Return On Assets of 2.59%. This is comparable to the rest of the industry: ENB outperforms 46.89% of its industry peers.
With a Return On Equity value of 8.61%, ENB perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.12%, ENB is doing worse than 63.16% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ENB is significantly below the industry average of 20.87%.
The last Return On Invested Capital (4.12%) for ENB is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.59% | ||
| ROE | 8.61% | ||
| ROIC | 4.12% |
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 8.74%, ENB is in line with its industry, outperforming 55.02% of the companies in the same industry.
In the last couple of years the Profit Margin of ENB has declined.
ENB's Operating Margin of 16.91% is in line compared to the rest of the industry. ENB outperforms 49.28% of its industry peers.
ENB's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 41.11%, ENB is in line with its industry, outperforming 49.28% of the companies in the same industry.
In the last couple of years the Gross Margin of ENB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.91% | ||
| PM (TTM) | 8.74% | ||
| GM | 41.11% |
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 is destroying value.
ENB has more shares outstanding than it did 1 year ago.
ENB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ENB has a worse debt to assets ratio.
2.2 Solvency
ENB has an Altman-Z score of 0.89. This is a bad value and indicates that ENB is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.89, ENB perfoms like the industry average, outperforming 43.54% of the companies in the same industry.
The Debt to FCF ratio of ENB is 25.58, which is on the high side as it means it would take ENB, 25.58 years of fcf income to pay off all of its debts.
ENB's Debt to FCF ratio of 25.58 is in line compared to the rest of the industry. ENB outperforms 43.54% of its industry peers.
ENB has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ENB (1.56) is worse than 76.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 25.58 | ||
| Altman-Z | 0.89 |
ROIC/WACC0.58
WACC7.08%
2.3 Liquidity
A Current Ratio of 0.80 indicates that ENB may have some problems paying its short term obligations.
ENB's Current ratio of 0.80 is on the low side compared to the rest of the industry. ENB is outperformed by 68.42% of its industry peers.
A Quick Ratio of 0.68 indicates that ENB may have some problems paying its short term obligations.
With a Quick ratio value of 0.68, ENB is not doing good in the industry: 68.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.43% over the past year.
Measured over the past 5 years, ENB shows a small growth in Earnings Per Share. The EPS has been growing by 1.11% on average per year.
ENB shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.29%.
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
3.2 Future
Based on estimates for the next years, ENB will show a small growth in Earnings Per Share. The EPS will grow by 7.51% on average per year.
Based on estimates for the next years, ENB will show a small growth in Revenue. The Revenue will grow by 7.45% on average per year.
EPS Next Y4.84%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
EPS Next 5Y7.51%
Revenue Next Year33.14%
Revenue Next 2Y15.47%
Revenue Next 3Y11.16%
Revenue Next 5Y7.45%
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
The Price/Earnings ratio is 22.65, which indicates a rather expensive current valuation of ENB.
ENB's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of ENB to the average of the S&P500 Index (26.76), we can say ENB is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 20.67, the valuation of ENB can be described as rather expensive.
ENB's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of ENB to the average of the S&P500 Index (23.96), we can say ENB is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.65 | ||
| Fwd PE | 20.67 |
4.2 Price Multiples
ENB's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ENB is more expensive than 66.51% of the companies in the same industry.
ENB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.15 | ||
| EV/EBITDA | 14.83 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ENB does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)4.68
PEG (5Y)20.46
EPS Next 2Y6.24%
EPS Next 3Y7.32%
5. Dividend
5.1 Amount
ENB has a Yearly Dividend Yield of 5.77%, which is a nice return.
Compared to an average industry Dividend Yield of 5.71, ENB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, ENB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.77% |
5.2 History
The dividend of ENB has a limited annual growth rate of 4.10%.
ENB has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB 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 Years24
Div Non Decr Years24
5.3 Sustainability
152.61% of the earnings are spent on dividend by ENB. This is not a sustainable payout ratio.
The dividend of ENB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP152.61%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
NYSE:ENB (12/12/2025, 10:31:05 AM)
47.34
-0.07 (-0.15%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners55.47%
Inst Owner Change-2.4%
Ins Owners0.05%
Ins Owner Change0%
Market Cap103.26B
Revenue(TTM)64.23B
Net Income(TTM)5.61B
Analysts72.14
Price Target50.47 (6.61%)
Short Float %2.15%
Short Ratio11.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.77% |
Yearly Dividend2.76
Dividend Growth(5Y)4.1%
DP152.61%
Div Incr Years24
Div Non Decr Years24
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-11.44%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)1.65%
Min EPS beat(4)-11.44%
Max EPS beat(4)12.31%
EPS beat(8)3
Avg EPS beat(8)-0.05%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)5
Avg EPS beat(16)-1.89%
Revenue beat(2)2
Avg Revenue beat(2)13.23%
Min Revenue beat(2)1.89%
Max Revenue beat(2)24.58%
Revenue beat(4)4
Avg Revenue beat(4)40.96%
Min Revenue beat(4)1.89%
Max Revenue beat(4)108.58%
Revenue beat(8)7
Avg Revenue beat(8)46.34%
Revenue beat(12)7
Avg Revenue beat(12)26.28%
Revenue beat(16)10
Avg Revenue beat(16)20.58%
PT rev (1m)1.62%
PT rev (3m)2.98%
EPS NQ rev (1m)-1.22%
EPS NQ rev (3m)-2.16%
EPS NY rev (1m)-2.72%
EPS NY rev (3m)-2.76%
Revenue NQ rev (1m)5.69%
Revenue NQ rev (3m)6.18%
Revenue NY rev (1m)5.13%
Revenue NY rev (3m)4.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.65 | ||
| Fwd PE | 20.67 | ||
| P/S | 2.22 | ||
| P/FCF | 35.15 | ||
| P/OCF | 11.11 | ||
| P/B | 2.19 | ||
| P/tB | 5.65 | ||
| EV/EBITDA | 14.83 |
EPS(TTM)2.09
EY4.41%
EPS(NY)2.29
Fwd EY4.84%
FCF(TTM)1.35
FCFY2.85%
OCF(TTM)4.26
OCFY9%
SpS21.34
BVpS21.66
TBVpS8.38
PEG (NY)4.68
PEG (5Y)20.46
Graham Number31.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.59% | ||
| ROE | 8.61% | ||
| ROCE | 5.38% | ||
| ROIC | 4.12% | ||
| ROICexc | 4.14% | ||
| ROICexgc | 5.17% | ||
| OM | 16.91% | ||
| PM (TTM) | 8.74% | ||
| GM | 41.11% | ||
| FCFM | 6.31% |
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%
ROICexgc growth 3Y-2.31%
ROICexgc 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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 25.58 | ||
| Debt/EBITDA | 6.2 | ||
| Cap/Depr | 157.09% | ||
| Cap/Sales | 13.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.99% | ||
| Profit Quality | 72.23% | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 0.89 |
F-Score5
WACC7.08%
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)7.43%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%-16.36%
EPS Next Y4.84%
EPS Next 2Y6.24%
EPS Next 3Y7.32%
EPS Next 5Y7.51%
Revenue 1Y (TTM)32.29%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%-1.63%
Revenue Next Year33.14%
Revenue Next 2Y15.47%
Revenue Next 3Y11.16%
Revenue Next 5Y7.45%
EBIT growth 1Y13.39%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.02%
EBIT Next 3Y24.16%
EBIT Next 5Y16.05%
FCF growth 1Y-55.29%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-8.43%
OCF growth 3Y10.83%
OCF growth 5Y6.04%
ENBRIDGE INC / ENB FAQ
What is the fundamental rating for ENB stock?
ChartMill assigns a fundamental rating of 4 / 10 to ENB.
Can you provide the valuation status for ENBRIDGE INC?
ChartMill assigns a valuation rating of 2 / 10 to ENBRIDGE INC (ENB). This can be considered as Overvalued.
What is the profitability of ENB stock?
ENBRIDGE INC (ENB) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for ENB stock?
The Price/Earnings (PE) ratio for ENBRIDGE INC (ENB) is 22.65 and the Price/Book (PB) ratio is 2.19.
What is the earnings growth outlook for ENBRIDGE INC?
The Earnings per Share (EPS) of ENBRIDGE INC (ENB) is expected to grow by 4.84% in the next year.