ENB Stock Analysis: Enbridge | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 122.047m USD | 12M Return: 33.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 199M
EPS Trend: 30.8%
Qual. Beats: 0
Rev. Trend: 90.5%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Enbridge Inc. (NYSE: ENB) is a Canadian-based energy infrastructure company operating across four business segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. Its Liquids Pipelines segment transports, stores, and exports crude oil and other liquid hydrocarbons across Canada and the United States, and also provides physical commodity marketing and logistical services. The Gas Transmission segment invests in natural gas pipelines, gathering, and processing facilities in both countries, while the Gas Distribution and Storage segment serves residential, commercial, and industrial customers through regulated natural gas utility operations in Ontario and distribution activities in Quebec. The Renewable Power Generation segment operates wind, solar, geothermal, waste heat recovery, and transmission assets across North America. The company was founded in 1949, is headquartered in Calgary, and was renamed Enbridge Inc. in October 1998 from its former name IPL Energy Inc.
As a midstream operator classified in the GICS Oil & Gas Storage & Transportation sub-industry, Enbridges business model is built around long-lived pipeline and utility assets that typically generate fee-based, contracted revenue streams. Its diversified mix of regulated gas distribution, long-haul liquids and gas pipelines, and renewable generation provides exposure to both traditional hydrocarbon transport and the energy transition.
- Mainline pipeline tariff revenue grows on rising crude oil throughput
- Dominion gas utility acquisition boosts distribution segment earnings
- Natural gas demand surges from LNG export capacity expansion
| Net Income: 7.57b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.70 > 1.0 |
| NWC/Revenue: -7.99% < 20% (prev -8.26%; Δ 0.27% < -1%) |
| CFO/TA 0.05 > 3% & CFO 15.0b > Net Income 7.57b |
| Net Debt (151b) to EBITDA (18.0b): 8.36 < 3 |
| Current Ratio: 0.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.19b) vs 12m ago 0.38% < -2% |
| Gross Margin: 30.76% > 18% (prev 33.75%; Δ -2.99% > 0.5%) |
| Asset Turnover: 28.91% > 50% (prev 27.69%; Δ 1.22% > 0%) |
| Interest Coverage Ratio: 6.05 > 6 (EBIT TTM 11.8b / Interest Expense TTM 1.95b) |
| A: -0.02 (Total Current Assets 26.4b - Total Current Liabilities 32.6b) / Total Assets 319b |
| B: -0.09 (Retained Earnings -27.4b / Total Assets 319b) |
| C: 0.04 (EBIT TTM 11.8b / Avg Total Assets 270b) |
| D: 0.41 (Book Value of Equity 90.9b / Total Liabilities 223b) |
| Altman-Z'' = 0.31 = B |
| DSRI: 1.49 (Receivables 14.8b/7.72b, Revenue 78.0b/60.9b) |
| GMI: 1.10 (GM 33.75% / 30.76%) |
| AQI: 0.97 (AQ_t 0.33 / AQ_t-1 0.34) |
| SGI: 1.28 (Revenue 78.0b / 60.9b) |
| TATA: -0.02 (NI 7.57b - CFO 15.0b) / TA 319b) |
| Beneish M = -2.35 (Cap -4..+1) = BBB |
As of July 18, 2026, the stock is trading at USD 56.71 with a total of 2,688,051 shares traded. Over the past week, the price has changed by +3.75%, over one month by +4.11%, over three months by +9.05% and over the past year by +33.74%.
Current recommended Stop Loss: 55.30 (which is 2.5% or 1.5 ATR below the current price).
Enbridge has received a consensus analysts rating of 3.65. Therefore, it is recommended to hold ENB.
- StrongBuy: 8
- Buy: 2
- Hold: 11
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 52.3 | -7.9% |
P/E Trailing = 26.4882
P/E Forward = 26.3158
P/S = 1.7675
P/B = 2.9359
P/EG = 5.3189
Revenue TTM = 78.0b USD
EBIT TTM = 11.8b USD
EBITDA TTM = 18.0b USD
Long Term Debt = 103b USD (from longTermDebt, last quarter)
Short Term Debt = 9.12b USD (from shortTermDebt, last quarter)
Debt = 153b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 151b USD (calculated: Debt 153b - CCE 2.55b)
Enterprise Value = 273b USD (122b + Debt 153b - CCE 2.55b)
Interest Coverage Ratio = 6.05 (Ebit TTM 11.8b / Interest Expense TTM 1.95b)
EV/FCF = 123.2x (Enterprise Value 273b / FCF TTM 2.21b)
FCF Yield = 0.81% (FCF TTM 2.21b / Enterprise Value 273b)
FCF Margin = 2.84% (FCF TTM 2.21b / Revenue TTM 78.0b)
Net Margin = 9.71% (Net Income TTM 7.57b / Revenue TTM 78.0b)
Gross Margin = 30.76% ((Revenue TTM 78.0b - Cost of Revenue TTM 54.0b) / Revenue TTM)
Gross Margin QoQ = 27.58% (prev 33.02%)
Tobins Q-Ratio = 0.85 (Enterprise Value 273b / Total Assets 319b)
Interest Expense / Debt = 1.27% (Interest Expense 1.95b / Debt 153b)
Taxrate = 21.45% (2.11b / 9.86b)
NOPAT = 9.28b (EBIT 11.8b * (1 - 21.45%))
Current Ratio = 0.81 (Total Current Assets 26.4b / Total Current Liabilities 32.6b)
Debt / Equity = 1.69 (Debt 153b / totalStockholderEquity, last quarter 90.9b)
Debt / EBITDA = 8.36 (Net Debt 151b / EBITDA 18.0b)
Debt / FCF = 68.08 (Net Debt 151b / FCF TTM 2.21b)
Total Stockholder Equity = 76.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.81% (Net Income 7.57b / Total Assets 319b)
RoE = 9.86% (Net Income TTM 7.57b / Total Stockholder Equity 76.8b)
RoCE = 6.57% (EBIT 11.8b / Capital Employed (Equity 76.8b + L.T.Debt 103b))
RoIC = 3.16% (NOPAT 9.28b / Invested Capital 293b)
WACC = 3.08% (E(122b)/V(275b) * Re(5.69%) + D(153b)/V(275b) * Rd(1.27%) * (1-Tc(0.21)))
Discount Rate = 5.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.04 | Cagr: 1.42%
[DCF] Terminal Value 73.10% ; FCFF base≈3.43b ; Y1≈3.01b ; Y5≈2.43b
[DCF] Fair Price = N/A (negative equity: EV 39.1b - Net Debt 151b = -112b; debt exceeds intrinsic value)
EPS Correlation: 30.78 | EPS CAGR: 1.24% | SUE: 0.30 | # QB: 0
Revenue Correlation: 90.52 | Revenue CAGR: 22.51% | SUE: 4.0 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.62 | Chg30d=-0.40% | Revisions=-40% | Analysts=10
EPS next Quarter (2026-09-30): EPS=0.53 | Chg30d=+1.75% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=2.91 | Chg30d=+0.64% | Revisions=-29% | GrowthEPS=-3.8% | GrowthRev=+5.3%
EPS next Year (2027-12-31): EPS=3.20 | Chg30d=+1.17% | Revisions=+12% | GrowthEPS=+10.2% | GrowthRev=+0.9%
[Analyst] Revisions Ratio: -19% (up=5, down=8)