ENB Stock Analysis: Enbridge | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 102.282m USD | 12M Return: 2.4% | CA29250N1050 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 225M
EPS Trend: -11.6%
Qual. Beats: 0
Rev. Trend: 94.9%
Qual. Beats: 3
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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. is a Canadian energy infrastructure company headquartered in Calgary that operates across four main business segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The company transports crude oil and liquid hydrocarbons through pipelines and terminals in Canada and the United States, owns and operates natural gas pipelines and processing facilities, serves residential, commercial, and industrial natural gas customers in Ontario and Quebec, and generates renewable power from wind, solar, geothermal, and waste heat recovery assets in North America. The company was founded in 1949 and was renamed Enbridge Inc. in October 1998 from its former name, IPL Energy Inc.
Classified within the GICS Energy sector under the Oil & Gas Storage & Transportation sub-industry, Enbridge operates as a midstream energy business, meaning it handles the transportation, storage, and processing of energy products between producers and end users rather than exploration or refining. The company generates revenue largely through long-term, contracted, and regulated assets, which is a common structural feature of pipeline operators and contributes to relatively stable cash flows compared with upstream oil and gas producers.
- Mainline crude throughput volumes drive Liquids Pipelines revenue
- Ontario gas distribution rate cases set utility margins
- Sustained capex spending pressures leverage and dividend coverage
| Net Income: 6.79b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.61 > 1.0 |
| NWC/Revenue: -7.42% < 20% (prev -5.79%; Δ -1.63% < -1%) |
| CFO/TA 0.05 > 3% & CFO 12.4b > Net Income 6.79b |
| Net Debt (109b) to EBITDA (16.3b): 6.68 < 3 |
| Current Ratio: 0.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.19b) vs 12m ago 0.33% < -2% |
| Gross Margin: 27.87% > 18% (prev 32.43%; Δ -4.57% > 0.5%) |
| Asset Turnover: 41.70% > 50% (prev 30.47%; Δ 11.22% > 0%) |
| Interest Coverage Ratio: 1.85 > 6 (EBIT TTM 10.6b / Interest Expense TTM 5.75b) |
| A: -0.03 (Total Current Assets 17.7b - Total Current Liabilities 24.6b) / Total Assets 232b |
| B: -0.09 (Retained Earnings -20.3b / Total Assets 232b) |
| C: 0.05 (EBIT TTM 10.6b / Avg Total Assets 222b) |
| D: 0.40 (Book Value of Equity 65.3b / Total Liabilities 163b) |
| Altman-Z'' = 0.26 = B |
| DSRI: 1.25 (Receivables 9.94b/5.53b, Revenue 92.4b/64.5b) |
| GMI: 1.16 (GM 32.43% / 27.87%) |
| AQI: 0.23 (AQ_t 0.08 / AQ_t-1 0.34) |
| SGI: 1.43 (Revenue 92.4b / 64.5b) |
| TATA: -0.02 (NI 6.79b - CFO 12.4b) / TA 232b) |
| Beneish M = -2.82 (Cap -4..+1) = A |
As of October 10, 2026, the stock is trading at USD 46.60 with a total of 3,598,516 shares traded. Over the past week, the price has changed by +1.37%, over one month by -7.08%, over three months by -13.47% and over the past year by +2.42%.
Current recommended Stop Loss: 45.40 (which is 2.6% or 1.5 ATR below the current price).
Enbridge has received a consensus analysts rating of 3.83. Therefore, it is recommended to buy ENB.
- StrongBuy: 8
- Buy: 6
- Hold: 9
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 51.1 | 9.6% |
P/E Trailing = 24.5401
P/E Forward = 20.3666
P/S = 1.2251
P/B = 2.5571
P/EG = 4.8867
Revenue TTM = 92.4b USD
EBIT TTM = 10.6b USD
EBITDA TTM = 16.3b USD
Long Term Debt = 98.4b USD (from longTermDebt, last fiscal year)
Short Term Debt = 8.28b USD (from shortTermDebt, last quarter)
Debt = 112b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 109b USD (calculated: Debt 112b - CCE 2.86b)
Enterprise Value = 212b USD (102b + Debt 112b - CCE 2.86b)
Interest Coverage Ratio = 1.85 (Ebit TTM 10.6b / Interest Expense TTM 5.75b)
EV/FCF = 132.2x (Enterprise Value 212b / FCF TTM 1.60b)
FCF Yield = 0.76% (FCF TTM 1.60b / Enterprise Value 212b)
FCF Margin = 1.73% (FCF TTM 1.60b / Revenue TTM 92.4b)
Net Margin = 7.35% (Net Income TTM 6.79b / Revenue TTM 92.4b)
Gross Margin = 27.87% ((Revenue TTM 92.4b - Cost of Revenue TTM 66.7b) / Revenue TTM)
Gross Margin QoQ = 22.85% (prev 27.58%)
Tobins Q-Ratio = 0.91 (Enterprise Value 212b / Total Assets 232b)
Interest Expense / Debt = 5.13% (Interest Expense 5.75b / Debt 112b)
Taxrate = 21.28% (1.89b / 8.88b)
NOPAT = 8.36b (EBIT 10.6b * (1 - 21.28%))
Current Ratio = 0.72 (Total Current Assets 17.7b / Total Current Liabilities 24.6b)
Debt / Equity = 1.72 (Debt 112b / totalStockholderEquity, last quarter 65.3b)
Debt / EBITDA = 6.68 (Net Debt 109b / EBITDA 16.3b)
Debt / FCF = 68.30 (Net Debt 109b / FCF TTM 1.60b)
Total Stockholder Equity = 76.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.07% (Net Income 6.79b / Total Assets 232b)
RoE = 8.85% (Net Income TTM 6.79b / Total Stockholder Equity 76.8b)
RoCE = 6.06% (EBIT 10.6b / Capital Employed (Equity 76.8b + L.T.Debt 98.4b))
RoIC = 3.94% (NOPAT 8.36b / Invested Capital 212b)
WACC = 4.73% (E(102b)/V(214b) * Re(5.49%) + D(112b)/V(214b) * Rd(5.13%) * (1-Tc(0.21)))
Discount Rate = 5.49% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 54.66 | Cagr: 1.35%
[DCF] Terminal Value 73.10% ; FCFF base≈2.91b ; Y1≈2.55b ; Y5≈2.06b
[DCF] Fair Price = N/A (negative equity: EV 33.1b - Net Debt 109b = -76.2b; debt exceeds intrinsic value)
EPS Correlation: -11.62 | EPS CAGR: -0.64% | SUE: 0.51 | # QB: 0
Revenue Correlation: 94.90 | Revenue CAGR: 30.17% | SUE: 4.0 | # QB: 3
EPS current Quarter (2026-09-30): EPS=0.51 | Chg30d=-0.93% | Revisions=-17% | Analysts=12
EPS current Year (2026-12-31): EPS=2.90 | Chg30d=-0.46% | Revisions=-36% | GrowthEPS=-4.0% | GrowthRev=+26.6%
EPS next Year (2027-12-31): EPS=3.21 | Chg30d=+0.55% | Revisions=+17% | GrowthEPS=+10.8% | GrowthRev=-5.4%
[Analyst] Revisions Ratio: -25% (up=6, down=11)