ENB Stock Analysis: Enbridge | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 112.000m USD | 12M Return: 13.1% | CA29250N1050 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 218M
EPS Trend: -11.6%
Qual. Beats: 0
Rev. Trend: 94.9%
Qual. Beats: 3
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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: 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 (16.9b): 6.47 < 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: 4.54 > 6 (EBIT TTM 10.6b / Interest Expense TTM 2.34b) |
| 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 August 15, 2026, the stock is trading at USD 50.91 with a total of 9,940,411 shares traded. Over the past week, the price has changed by +0.63%, over one month by -7.67%, over three months by -7.03% and over the past year by +13.06%.
Current recommended Stop Loss: 49.50 (which is 2.8% 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 | 52.7 | 3.5% |
P/E Trailing = 27.8696
P/E Forward = 24.7525
P/S = 1.3415
P/B = 2.793
P/EG = 5.7541
Revenue TTM = 92.4b USD
EBIT TTM = 10.6b USD
EBITDA TTM = 16.9b 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 = 221b USD (112b + Debt 112b - CCE 2.86b)
Interest Coverage Ratio = 4.54 (Ebit TTM 10.6b / Interest Expense TTM 2.34b)
EV/FCF = 138.3x (Enterprise Value 221b / FCF TTM 1.60b)
FCF Yield = 0.72% (FCF TTM 1.60b / Enterprise Value 221b)
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 = 0.96 (Enterprise Value 221b / Total Assets 232b)
Interest Expense / Debt = 2.09% (Interest Expense 2.34b / 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 = 6.47 (Net Debt 109b / EBITDA 16.9b)
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 = 3.53% (E(112b)/V(224b) * Re(5.41%) + D(112b)/V(224b) * Rd(2.09%) * (1-Tc(0.21)))
Discount Rate = 5.41% (= 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=0.50 | Chg30d=-6.30% | Revisions=+44% | Analysts=10
EPS current Year (2026-12-31): EPS=2.91 | Chg30d=+0.26% | Revisions=+0% | GrowthEPS=-3.6% | GrowthRev=+27.3%
EPS next Year (2027-12-31): EPS=3.22 | Chg30d=+0.34% | Revisions=-22% | GrowthEPS=+10.5% | GrowthRev=-10.0%
[Analyst] Revisions Ratio: +9% (up=11, down=9)