| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
ENB Stock Overview
Enbridge Inc. operates as an energy infrastructure company.
Enbridge Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$51.35 |
| 52 Week High | CA$54.00 |
| 52 Week Low | CA$42.78 |
| Beta | 0.94 |
| 1 Month Change | 6.34% |
| 3 Month Change | -3.04% |
| 1 Year Change | 16.28% |
| 3 Year Change | 7.56% |
| 5 Year Change | -9.20% |
| Change since IPO | 828.36% |
Recent News & Updates
Shareholder Returns
| ENB | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -1.8% | -3.1% | -2.9% |
| 1Y | 16.3% | 51.8% | 15.9% |
Return vs Industry: ENB underperformed the Canadian Oil and Gas industry which returned 54% over the past year.
Return vs Market: ENB underperformed the Canadian Market which returned 17.4% over the past year.
Price Volatility
| ENB volatility | |
|---|---|
| ENB Average Weekly Movement | 2.2% |
| Oil and Gas Industry Average Movement | 10.0% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: ENB is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ENB's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1949 | 11,200 | Al Monaco | https://www.enbridge.com |
Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.
Enbridge Fundamentals Summary
| ENB fundamental statistics | |
|---|---|
| Market Cap | CA$104.04b |
| Earnings (TTM) | CA$5.75b |
| Revenue (TTM) | CA$44.56b |
18.1x
P/E Ratio2.3x
P/S RatioIs ENB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ENB income statement (TTM) | |
|---|---|
| Revenue | CA$44.56b |
| Cost of Revenue | CA$26.35b |
| Gross Profit | CA$18.21b |
| Expenses | CA$12.46b |
| Earnings | CA$5.75b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 11, 2022
| Earnings per share (EPS) | 2.84 |
| Gross Margin | 40.86% |
| Net Profit Margin | 12.91% |
| Debt/Equity Ratio | 110.0% |
How did ENB perform over the long term?
See historical performance and comparisonDividends
6.7%
Current Dividend Yield117%
Payout RatioDoes ENB pay a reliable dividends?
See ENB dividend history and benchmarks| Enbridge dividend dates | |
|---|---|
| Ex Dividend Date | Feb 14 2022 |
| Dividend Pay Date | Mar 01 2022 |
| Days until Ex dividend | 22 days |
| Days until Dividend pay date | 37 days |
Does ENB pay a reliable dividends?
See ENB dividend history and benchmarksValuation
Is Enbridge undervalued compared to its fair value and its price relative to the market?
21.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ENB (CA$51.35) is trading below our estimate of fair value (CA$65.08)
Significantly Below Fair Value: ENB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ENB is poor value based on its PE Ratio (18.1x) compared to the Canadian Oil and Gas industry average (8.2x).
PE vs Market: ENB is poor value based on its PE Ratio (18.1x) compared to the Canadian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: ENB is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: ENB is good value based on its PB Ratio (1.9x) compared to the CA Oil and Gas industry average (2.1x).
Future Growth
How is Enbridge forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
7.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENB's forecast earnings growth (7% per year) is above the savings rate (1.6%).
Earnings vs Market: ENB's earnings (7% per year) are forecast to grow slower than the Canadian market (11% per year).
High Growth Earnings: ENB's earnings are forecast to grow, but not significantly.
Revenue vs Market: ENB's revenue (4.6% per year) is forecast to grow slower than the Canadian market (5.5% per year).
High Growth Revenue: ENB's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENB's Return on Equity is forecast to be low in 3 years time (11.7%).
Past Performance
How has Enbridge performed over the past 5 years?
22.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENB has high quality earnings.
Growing Profit Margin: ENB's current net profit margins (12.9%) are higher than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: ENB's earnings have grown significantly by 22.2% per year over the past 5 years.
Accelerating Growth: ENB's earnings growth over the past year (194.3%) exceeds its 5-year average (22.2% per year).
Earnings vs Industry: ENB earnings growth over the past year (194.3%) exceeded the Oil and Gas industry 159%.
Return on Equity
High ROE: ENB's Return on Equity (9.7%) is considered low.
Financial Health
How is Enbridge's financial position?
Financial Position Analysis
Short Term Liabilities: ENB's short term assets (CA$8.6B) do not cover its short term liabilities (CA$15.4B).
Long Term Liabilities: ENB's short term assets (CA$8.6B) do not cover its long term liabilities (CA$84.4B).
Debt to Equity History and Analysis
Debt Level: ENB's net debt to equity ratio (109.3%) is considered high.
Reducing Debt: ENB's debt to equity ratio has reduced from 183.9% to 110% over the past 5 years.
Debt Coverage: ENB's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: ENB's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
Dividend
What is Enbridge current dividend yield, its reliability and sustainability?
6.70%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ENB's dividend (6.7%) is higher than the bottom 25% of dividend payers in the Canadian market (1.6%).
High Dividend: ENB's dividend (6.7%) is in the top 25% of dividend payers in the Canadian market (4.64%)
Stability and Growth of Payments
Stable Dividend: ENB's dividends per share have been stable in the past 10 years.
Growing Dividend: ENB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (116.6%), ENB's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ENB's dividends in 3 years are not forecast to be well covered by earnings (114.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Al Monaco (61 yo)
9.92yrs
Tenure
CA$17,054,836
Compensation
Mr. Al Monaco has been Chief Executive Officer of Enbridge Inc. since October 1, 2012 and its President & Director since February 27, 2012. Mr. Monaco serves as Director at Weyerhaeuser Company since Febru...
CEO Compensation Analysis
Compensation vs Market: Al's total compensation ($USD13.61M) is above average for companies of similar size in the Canadian market ($USD5.94M).
Compensation vs Earnings: Al's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ENB's management team is considered experienced (4.9 years average tenure).
Board Members
Experienced Board: ENB's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Enbridge Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Enbridge Inc.
- Ticker: ENB
- Exchange: TSX
- Founded: 1949
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: CA$104.039b
- Shares outstanding: 2.03b
- Website: https://www.enbridge.com
Number of Employees
Location
- Enbridge Inc.
- 200, Fifth Avenue Place
- 425 - 1st Street SW
- Calgary
- Alberta
- T2P 3L8
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:36 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.