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Market Cap

CA$97.4b

Last Updated

2021/05/10 00:50 UTC

Data Sources

Company Financials +

Executive Summary

Enbridge Inc. operates as an energy infrastructure company. More Details


Snowflake Analysis

Solid track record average dividend payer.


Similar Companies

Share Price & News

How has Enbridge's share price performed over time and what events caused price changes?


Latest Share Price and Events

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.


Market Performance


7 Day Return

1.4%

ENB

5.2%

CA Oil and Gas

2.3%

CA Market


1 Year Return

7.7%

ENB

34.8%

CA Oil and Gas

36.9%

CA Market

Return vs Industry: ENB underperformed the Canadian Oil and Gas industry which returned 34.8% over the past year.

Return vs Market: ENB underperformed the Canadian Market which returned 36.9% over the past year.


Shareholder returns

ENBIndustryMarket
7 Day1.4%5.2%2.3%
30 Day4.0%7.7%2.1%
90 Day5.4%17.9%7.5%
1 Year16.2%7.7%42.3%34.8%41.4%36.9%
3 Year35.7%11.5%-4.1%-15.9%30.2%17.7%
5 Year22.8%-7.0%6.3%-12.5%60.3%36.3%

Long-Term Price Volatility Vs. Market

How volatile is Enbridge's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Enbridge undervalued compared to its fair value and its price relative to the market?

21.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ENB (CA$48.09) is trading below our estimate of fair value (CA$61.44)

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 (15.4x) compared to the CA Oil and Gas industry average (13.1x).

PE vs Market: ENB is good value based on its PE Ratio (15.4x) compared to the Canadian market (15.9x).


Price to Earnings Growth Ratio

PEG Ratio: ENB is poor value based on its PEG Ratio (3.9x)


Price to Book Ratio

PB vs Industry: ENB is overvalued based on its PB Ratio (1.8x) compared to the CA Oil and Gas industry average (1.5x).


Future Growth

How is Enbridge forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

4.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENB's forecast earnings growth (4% per year) is above the savings rate (1.5%).

Earnings vs Market: ENB's earnings (4% per year) are forecast to grow slower than the Canadian market (16.5% per year).

High Growth Earnings: ENB's earnings are forecast to grow, but not significantly.

Revenue vs Market: ENB's revenue (9.7% per year) is forecast to grow faster than the Canadian market (6.8% per year).

High Growth Revenue: ENB's revenue (9.7% 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 (12.2%).


Past Performance

How has Enbridge performed over the past 5 years?

20.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENB has high quality earnings.

Growing Profit Margin: ENB's current net profit margins (16.1%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: ENB's earnings have grown significantly by 20.4% per year over the past 5 years.

Accelerating Growth: ENB's earnings growth over the past year (215.3%) exceeds its 5-year average (20.4% per year).

Earnings vs Industry: ENB earnings growth over the past year (215.3%) exceeded the Oil and Gas industry -15%.


Return on Equity

High ROE: ENB's Return on Equity (10.3%) is considered low.


Financial Health

How is Enbridge's financial position?


Financial Position Analysis

Short Term Liabilities: ENB's short term assets (CA$7.6B) do not cover its short term liabilities (CA$12.9B).

Long Term Liabilities: ENB's short term assets (CA$7.6B) do not cover its long term liabilities (CA$81.8B).


Debt to Equity History and Analysis

Debt Level: ENB's debt to equity ratio (101.4%) is considered high.

Reducing Debt: ENB's debt to equity ratio has reduced from 175.3% to 101.4% over the past 5 years.

Debt Coverage: ENB's debt is not well covered by operating cash flow (14.2%).

Interest Coverage: ENB's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Dividend

What is Enbridge current dividend yield, its reliability and sustainability?

6.94%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 10 2021Ex Dividend DateMay 13 2021Dividend Pay DateJun 01 202119 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ENB's dividend (6.95%) is higher than the bottom 25% of dividend payers in the Canadian market (1.51%).

High Dividend: ENB's dividend (6.95%) is in the top 25% of dividend payers in the Canadian market (4.54%)


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 (103.8%), 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 (120.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Al Monaco (60 yo)

8.58yrs

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 ($USD14.04M) is above average for companies of similar size in the Canadian market ($USD6.57M).

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 (4.3 years average tenure).


Board Members

Experienced Board: ENB's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ENB 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 company bio, 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
  • Market Cap: CA$97.410b
  • 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


Biography

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 Gene...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 00:50
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.