ENBRIDGE INC - ENBCN 6 3/8 04/15/2078 (ENBA) Stock Fundamental Analysis
USA - NYSE:ENBA - US29250N4777
25.4 USD
0 (0%)
ENBA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 211 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of ENBA have multiple concerns. ENBA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ENBA had positive earnings in the past year.
ENBA had a positive operating cash flow in the past year.
ENBA had positive earnings in each of the past 5 years.
ENBA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ENBA (1.44%) is worse than 72.32% of its industry peers.
ENBA has a worse Return On Equity (4.32%) than 69.64% of its industry peers.
ENBA's Return On Invested Capital of 3.73% is on the low side compared to the rest of the industry. ENBA is outperformed by 75.45% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENBA is significantly below the industry average of 21.53%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 4.32% | ||
| ROIC | 3.73% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.98%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 4.86%, ENBA is doing worse than 66.52% of the companies in the same industry.
In the last couple of years the Profit Margin of ENBA has declined.
With a Operating Margin value of 15.44%, ENBA is not doing good in the industry: 61.61% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of ENBA has grown nicely.
ENBA has a Gross Margin of 39.06%. This is comparable to the rest of the industry: ENBA outperforms 45.54% of its industry peers.
In the last couple of years the Gross Margin of ENBA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.44% | ||
| PM (TTM) | 4.86% | ||
| GM | 39.06% |
OM growth 3Y-1.81%
OM growth 5Y2.23%
PM growth 3Y-22.98%
PM growth 5Y-3.15%
GM growth 3Y1.67%
GM growth 5Y1.95%
2. Health
2.1 Basic Checks
ENBA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ENBA has about the same amout of shares outstanding than it did 1 year ago.
Compared to 1 year ago, ENBA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.62, we must say that ENBA is in the distress zone and has some risk of bankruptcy.
ENBA's Altman-Z score of 0.62 is on the low side compared to the rest of the industry. ENBA is outperformed by 62.50% of its industry peers.
The Debt to FCF ratio of ENBA is 12.64, which is on the high side as it means it would take ENBA, 12.64 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 12.64, ENBA is doing worse than 66.52% of the companies in the same industry.
ENBA has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.22, ENBA is doing worse than 70.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 12.64 | ||
| Altman-Z | 0.62 |
ROIC/WACC0.44
WACC8.4%
2.3 Liquidity
ENBA has a Current Ratio of 0.60. This is a bad value and indicates that ENBA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.60, ENBA is not doing good in the industry: 81.25% of the companies in the same industry are doing better.
ENBA has a Quick Ratio of 0.60. This is a bad value and indicates that ENBA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.49, ENBA is not doing good in the industry: 83.04% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.18% over the past year.
Measured over the past 5 years, ENBA shows a small growth in Earnings Per Share. The EPS has been growing by 7.47% on average per year.
The Revenue has grown by 13.13% in the past year. This is quite good.
Measured over the past years, ENBA shows a small growth in Revenue. The Revenue has been growing by 3.74% on average per year.
EPS 1Y (TTM)2.18%
EPS 3Y1.97%
EPS 5Y7.47%
EPS Q2Q%-7.35%
Revenue 1Y (TTM)13.13%
Revenue growth 3Y2.11%
Revenue growth 5Y3.74%
Sales Q2Q%7.22%
3.2 Future
ENBA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.42% yearly.
Based on estimates for the next years, ENBA will show a small growth in Revenue. The Revenue will grow by 3.95% on average per year.
EPS Next Y7.41%
EPS Next 2Y4.17%
EPS Next 3Y4.76%
EPS Next 5Y5.42%
Revenue Next Year-3.41%
Revenue Next 2Y-2.01%
Revenue Next 3Y-0.92%
Revenue Next 5Y3.95%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
ENBA is valuated correctly with a Price/Earnings ratio of 12.21.
The rest of the industry has a similar Price/Earnings ratio as ENBA.
ENBA is valuated cheaply when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.39, which indicates a very decent valuation of ENBA.
ENBA's Price/Forward Earnings is on the same level as the industry average.
ENBA is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.21 | ||
| Fwd PE | 11.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENBA indicates a slightly more expensive valuation: ENBA is more expensive than 69.64% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENBA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.86 | ||
| EV/EBITDA | 11.78 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.65
PEG (5Y)1.63
EPS Next 2Y4.17%
EPS Next 3Y4.76%
5. Dividend
5.1 Amount
ENBA has a Yearly Dividend Yield of 6.63%, which is a nice return.
ENBA's Dividend Yield is a higher than the industry average which is at 6.15.
ENBA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.63% |
5.2 History
The dividend of ENBA has a limited annual growth rate of 5.23%.
ENBA does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)5.23%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
282.19% of the earnings are spent on dividend by ENBA. This is not a sustainable payout ratio.
The dividend of ENBA is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP282.19%
EPS Next 2Y4.17%
EPS Next 3Y4.76%
ENBRIDGE INC - ENBCN 6 3/8 04/15/2078
NYSE:ENBA (4/14/2023, 8:04:00 PM)
25.4
0 (0%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap51.43B
Analysts72.59
Price Target29.9 (17.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.63% |
Yearly Dividend3.44
Dividend Growth(5Y)5.23%
DP282.19%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.66%
Min EPS beat(2)-14.64%
Max EPS beat(2)3.33%
EPS beat(4)1
Avg EPS beat(4)-4.72%
Min EPS beat(4)-14.64%
Max EPS beat(4)3.33%
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)0
Avg Revenue beat(2)-7.85%
Min Revenue beat(2)-11.67%
Max Revenue beat(2)-4.04%
Revenue beat(4)2
Avg Revenue beat(4)0%
Min Revenue beat(4)-11.67%
Max Revenue beat(4)9.49%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.64%
PT rev (3m)13.37%
EPS NQ rev (1m)1.08%
EPS NQ rev (3m)-1.44%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.38%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)-0.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.21 | ||
| Fwd PE | 11.39 | ||
| P/S | 1.31 | ||
| P/FCF | 10.86 | ||
| P/OCF | 6.2 | ||
| P/B | 1.16 | ||
| P/tB | 2.97 | ||
| EV/EBITDA | 11.78 |
EPS(TTM)2.08
EY8.19%
EPS(NY)2.23
Fwd EY8.78%
FCF(TTM)2.34
FCFY9.21%
OCF(TTM)4.1
OCFY16.13%
SpS19.45
BVpS21.85
TBVpS8.55
PEG (NY)1.65
PEG (5Y)1.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 4.32% | ||
| ROCE | N/A | ||
| ROIC | 3.73% | ||
| ROICexc | 3.75% | ||
| ROICexgc | 4.86% | ||
| OM | 15.44% | ||
| PM (TTM) | 4.86% | ||
| GM | 39.06% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)4.98%
ROIC(5y)N/A
ROICexc(3y)3.81%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-3.02%
ROICexcg growth 5Y3.68%
ROICexc growth 3Y-2.5%
ROICexc growth 5Y4.42%
OM growth 3Y-1.81%
OM growth 5Y2.23%
PM growth 3Y-22.98%
PM growth 5Y-3.15%
GM growth 3Y1.67%
GM growth 5Y1.95%
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 12.64 | ||
| Debt/EBITDA | 6.46 | ||
| Cap/Depr | 111.68% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 247.55% | ||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 0.62 |
F-Score6
WACC8.4%
ROIC/WACC0.44
Cap/Depr(3y)157.73%
Cap/Depr(5y)173.47%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)135.68%
Profit Quality(5y)120.43%
High Growth Momentum
Growth
EPS 1Y (TTM)2.18%
EPS 3Y1.97%
EPS 5Y7.47%
EPS Q2Q%-7.35%
EPS Next Y7.41%
EPS Next 2Y4.17%
EPS Next 3Y4.76%
EPS Next 5Y5.42%
Revenue 1Y (TTM)13.13%
Revenue growth 3Y2.11%
Revenue growth 5Y3.74%
Sales Q2Q%7.22%
Revenue Next Year-3.41%
Revenue Next 2Y-2.01%
Revenue Next 3Y-0.92%
Revenue Next 5Y3.95%
EBIT growth 1Y3.48%
EBIT growth 3Y0.27%
EBIT growth 5Y6.05%
EBIT Next Year67.12%
EBIT Next 3Y20.24%
EBIT Next 5Y12.41%
FCF growth 1Y451.08%
FCF growth 3Y20.03%
FCF growth 5YN/A
OCF growth 1Y21.33%
OCF growth 3Y6.12%
OCF growth 5Y11.02%