ENBRIDGE INC (ENB) Stock Fundamental Analysis
USA - NYSE:ENB - CA29250N1050 - Common Stock
48.13 USD
+0.14 (+0.29%)
Overall ENB gets a fundamental rating of 4 out of 10. We evaluated ENB against 211 industry peers in the Oil, Gas & Consumable Fuels industry. While ENB is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, ENB is valued expensive at the moment. Finally 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 (2.94%) which is in line with its industry peers.
ENB's Return On Equity of 9.51% is fine compared to the rest of the industry. ENB outperforms 60.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.33%, ENB is doing worse than 60.19% 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 21.57%.
The last Return On Invested Capital (4.33%) for ENB is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROIC | 4.33% |
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
The Profit Margin of ENB (9.65%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ENB has declined.
ENB's Operating Margin of 17.23% is in line compared to the rest of the industry. ENB outperforms 51.18% of its industry peers.
ENB's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 40.92%, ENB perfoms like the industry average, outperforming 49.76% of the companies in the same industry.
ENB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% |
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 is destroying value.
The number of shares outstanding for ENB has been increased compared to 1 year ago.
The number of shares outstanding for ENB has been increased compared to 5 years ago.
The debt/assets ratio for ENB is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.94, we must say that ENB is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ENB (0.94) is comparable to the rest of the industry.
The Debt to FCF ratio of ENB is 20.73, which is on the high side as it means it would take ENB, 20.73 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ENB (20.73) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.50 is on the high side and indicates that ENB has dependencies on debt financing.
ENB has a worse Debt to Equity ratio (1.50) than 75.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Altman-Z | 0.94 |
ROIC/WACC0.59
WACC7.36%
2.3 Liquidity
A Current Ratio of 0.75 indicates that ENB may have some problems paying its short term obligations.
ENB has a worse Current ratio (0.75) than 74.41% of its industry peers.
A Quick Ratio of 0.65 indicates that ENB may have some problems paying its short term obligations.
ENB has a Quick ratio of 0.65. This is in the lower half of the industry: ENB underperforms 73.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
ENB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.97%.
The Earnings Per Share has been growing slightly by 1.11% on average over the past years.
Looking at the last year, ENB shows a very strong growth in Revenue. The Revenue has grown by 48.17%.
Measured over the past years, ENB shows a small growth in Revenue. The Revenue has been growing by 1.32% on average per year.
EPS 1Y (TTM)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
3.2 Future
ENB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.85% yearly.
Based on estimates for the next years, ENB will show a small growth in Revenue. The Revenue will grow by 6.68% on average per year.
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
ENB is valuated rather expensively with a Price/Earnings ratio of 22.49.
ENB's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of ENB to the average of the S&P500 Index (27.70), we can say ENB is valued inline with the index average.
With a Price/Forward Earnings ratio of 20.73, ENB is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENB is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.15, ENB is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.49 | ||
| Fwd PE | 20.73 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB indicates a slightly more expensive valuation: ENB is more expensive than 63.51% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as ENB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.04 | ||
| EV/EBITDA | 14.75 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.69
PEG (5Y)20.31
EPS Next 2Y7.57%
EPS Next 3Y7.73%
5. Dividend
5.1 Amount
ENB has a Yearly Dividend Yield of 5.43%, which is a nice return.
ENB's Dividend Yield is a higher than the industry average which is at 6.07.
ENB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.1%
Div Incr Years24
Div Non Decr Years24
5.3 Sustainability
136.55% of the earnings are spent on dividend by ENB. This is not a sustainable payout ratio.
ENB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP136.55%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
NYSE:ENB (10/10/2025, 9:43:01 AM)
48.13
+0.14 (+0.29%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners56.25%
Inst Owner Change0.02%
Ins Owners0.05%
Ins Owner Change0%
Market Cap104.96B
Analysts72.86
Price Target49.12 (2.06%)
Short Float %0.95%
Short Ratio5.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
Yearly Dividend2.75
Dividend Growth(5Y)4.1%
DP136.55%
Div Incr Years24
Div Non Decr Years24
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.35%
Min EPS beat(2)6.39%
Max EPS beat(2)12.31%
EPS beat(4)2
Avg EPS beat(4)4.02%
Min EPS beat(4)-1.96%
Max EPS beat(4)12.31%
EPS beat(8)4
Avg EPS beat(8)1.69%
EPS beat(12)5
Avg EPS beat(12)0.01%
EPS beat(16)6
Avg EPS beat(16)-0.97%
Revenue beat(2)2
Avg Revenue beat(2)26.68%
Min Revenue beat(2)24.58%
Max Revenue beat(2)28.78%
Revenue beat(4)4
Avg Revenue beat(4)69.92%
Min Revenue beat(4)24.58%
Max Revenue beat(4)117.73%
Revenue beat(8)6
Avg Revenue beat(8)44.36%
Revenue beat(12)6
Avg Revenue beat(12)25.15%
Revenue beat(16)10
Avg Revenue beat(16)21.32%
PT rev (1m)0.23%
PT rev (3m)0.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.44%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.37%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)10.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.49 | ||
| Fwd PE | 20.73 | ||
| P/S | 2.27 | ||
| P/FCF | 30.04 | ||
| P/OCF | 11.33 | ||
| P/B | 2.24 | ||
| P/tB | 5.63 | ||
| EV/EBITDA | 14.75 |
EPS(TTM)2.14
EY4.45%
EPS(NY)2.32
Fwd EY4.83%
FCF(TTM)1.6
FCFY3.33%
OCF(TTM)4.25
OCFY8.83%
SpS21.19
BVpS21.51
TBVpS8.55
PEG (NY)2.69
PEG (5Y)20.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 9.51% | ||
| ROCE | 5.65% | ||
| ROIC | 4.33% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 5.45% | ||
| OM | 17.23% | ||
| PM (TTM) | 9.65% | ||
| GM | 40.92% | ||
| FCFM | 7.56% |
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 Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 20.73 | ||
| Debt/EBITDA | 5.89 | ||
| Cap/Depr | 146.38% | ||
| Cap/Sales | 12.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.83% | ||
| Profit Quality | 78.33% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 0.94 |
F-Score5
WACC7.36%
ROIC/WACC0.59
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)7.97%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%12.07%
EPS Next Y8.35%
EPS Next 2Y7.57%
EPS Next 3Y7.73%
EPS Next 5Y7.85%
Revenue 1Y (TTM)48.17%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%31.23%
Revenue Next Year27.44%
Revenue Next 2Y12.27%
Revenue Next 3Y10.7%
Revenue Next 5Y6.68%
EBIT growth 1Y24.54%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year74.86%
EBIT Next 3Y24.11%
EBIT Next 5Y16.12%
FCF growth 1Y-40.09%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-1.04%
OCF growth 3Y10.83%
OCF growth 5Y6.04%