Enbridge Valuation
Is ENB.PRD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of ENB.PRD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ENB.PRD (CA$17.87) is trading below our estimate of fair value (CA$20.17)
Significantly Below Fair Value: ENB.PRD is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ENB.PRD?
Key metric: As ENB.PRD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is ENB.PRD's PE Ratio? | |
|---|---|
| PE Ratio | 21x |
| Earnings | CA$6.29b |
| Market Cap | CA$131.71b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4.8x |
| Enterprise Value/EBITDA | 16.1x |
| PEG Ratio | 2.3x |
Price to Earnings Ratio vs Peers
How does ENB.PRD's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 19x | ||
TRP TC Energy | 14.2x | -2.3% | CA$72.3b |
PPL Pembina Pipeline | 18.8x | 4.1% | CA$34.8b |
KEY Keyera | 24.3x | 5.2% | CA$10.9b |
GEI Gibson Energy | 18.5x | 9.9% | CA$3.9b |
ENB.PRD Enbridge | 21x | 9.0% | CA$131.7b |
Price-To-Earnings vs Peers: ENB.PRD is expensive based on its Price-To-Earnings Ratio (21x) compared to the peer average (19x).
Price to Earnings Ratio vs Industry
How does ENB.PRD's PE Ratio compare vs other companies in the CA Oil and Gas Industry?
Price-To-Earnings vs Industry: ENB.PRD is expensive based on its Price-To-Earnings Ratio (21x) compared to the Canadian Oil and Gas industry average (11.4x).
Price to Earnings Ratio vs Fair Ratio
What is ENB.PRD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 21x |
| Fair PE Ratio | 17.4x |
Price-To-Earnings vs Fair Ratio: ENB.PRD is expensive based on its Price-To-Earnings Ratio (21x) compared to the estimated Fair Price-To-Earnings Ratio (17.4x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
Precision Drilling
CA$1.3b
A drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East.
PD
CA$92.70
7D
5.6%
1Y
14.9%
Rubellite Energy
CA$215.6m
Rubellite Energy Inc., an energy company, engages in the exploration, development, and production of heavy crude oil from the Clearwater Formation in Eastern Alberta.
RBY
CA$2.32
7D
11.5%
1Y
-0.9%
Ovintiv
US$12.2b
Explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada.
OVV
US$65.26
7D
5.7%
1Y
6.0%