Stock Analysis
Enbridge, IncENB
P/E 15.21×· 5Y range 12.89–34.26×· bottom 23% of history
Sector: Industrials · Industry: Pipe Lines (No Natural Gas)
AnalystsHold28 analystsP/E 15.2× sits at the 23rd percentile of its 5.086926762491444-year history.
Cash covers 2% of debt · Q1 2026.
PMP Verdict
Cheap for a reason — weak fundamentals
Strengths
- Quality73
Risks
- Growth24
- Financial Health24
Cheap for a reason — fundamentals remain weak.
Market context
+2.7% today· Z 3.7σ· RVOL 1.6×· Enbridge gained 2.06% driven by heightened investor attention and broader infrastructure sector interest.
Bull Case
- ✓P/E 15.2× at bottom 23% of 5-year history
Why is ENB moving?
SectorEnbridge gained 2.06% driven by heightened investor attention and broader infrastructure sector interest.
Profile
growth, financial health and moat lag behind.
How is each axis scored?
- Valuation62/100 · Moderate
- P/E vs own history (23th pct)20/25
- FCF yield (1.7%)5/25
- P/S (1.6x)25/25
- EV/EBIT (20.0x)12/25
- Growth24/100 · Weak
- Revenue CAGR (8.5%)12/25
- Net income CAGR (4.9%)6/25
- EPS CAGR 5Y (2.9%)6/25
- Fwd implied growth (-28.5%)0/25
- Profitability57/100 · Moderate
- ROIC (4.9%)5/25
- ROE (10.6%)12/25
- Net margin (10.0%)20/25
- Operating margin (15.2%)20/25
- Financial Health24/100 · Weak
- Altman Z (0.40)3/25
- Current ratio (0.81)6/25
- Interest coverage (3.0x)10/25
- Net cash / debt (D/A 45%)5/25
- Quality73/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-2.50)25/25
- FCF conversion (27%)8/25
- Margin stability (σ 4.7%)25/25
- Moat49/100 · Weak
- ROIC >12% years (0/9 yrs)0/25
- Median gross margin (38.9%)13/25
- FCF-positive years (8/9 yrs)18/25
- Worst-year net margin (worst 5.6%)18/25
Risk Flags
- ⚠Altman Z 0.4 — distress-zone balance sheet
- ⚠Interest coverage 3.0× — thin debt cushion
About Enbridge, Inc
Enbridge owns extensive midstream assets that transport hydrocarbons across the US and Canada. Show more
Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also operates regulated natural gas utilities in the US and Canada, including Canada's largest natural gas distribution company. The firm has a small renewable energy portfolio primarily focused on onshore and offshore wind projects.
Headquarters: CALGARY, A0 · Employees: 14,800 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
62BP/E (TTM)15.2xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 12.9x–34.3x · 23rd pct
P/FCF93.5xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · Heavy investment cycle — CapEx = 84% of operating cash flow, significantly depressing reported FCF
FCF Yield1.7%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.7%–13.5% · lowest in history · Heavy investment cycle — CapEx = 84% of operating cash flow, significantly depressing reported FCF
P/S (TTM)1.56xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 1.5x–3.3x · 1st pct
EV/EBIT20.0xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 17.0x–34.2x · 21st pct
EV/Sales3.2xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E21.3xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.65xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio4.08D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield5.73%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio143.2%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Heavy investment: Heavy investment cycle — CapEx = 84% of operating cash flow, significantly depressing reported FCF
Profitability
57CROIC4.9%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE10.6%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA2.7%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin10.0%A
Grade A: HighNet Income / Revenue
Operating Margin15.2%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin38.9%C
Grade C: AverageGross Profit / Revenue
FCF Margin2.7%D
Grade D: LowFCF / Revenue · Heavy investment cycle — CapEx = 84% of operating cash flow, significantly depressing reported FCF
True FCF Margin2.7%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · Heavy investment cycle — CapEx = 84% of operating cash flow, significantly depressing reported FCF
Growth
24ERevenue CAGR8.5%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR4.9%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)2.9%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-28.5%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+3.1%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
24EAltman Z-Score0.40D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.81xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.66xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage3.0xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment55.0yD
Grade D: SlowYears to repay net debt via FCF · Heavy investment cycle — CapEx = 84% of operating cash flow, significantly depressing reported FCF
Net Debt/EBIT9.8xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity1.61xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.02xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
73B+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.50A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion27.1%D
Grade D: PoorFCF / Net Income · Heavy investment cycle — CapEx = 84% of operating cash flow, significantly depressing reported FCF
Margin Stability4.7%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue14.0%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.37xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
49D+ROIC >12% Years0/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)38.9%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years8/9 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor5.6%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$3.16
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$0.92
Cash & short-term investments per share (Finnhub)
Book Value / Share$29.92
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$104.50B
Total debt obligations (short + long term)
Cash & Equiv.$1.64B
Cash and short-term investments
Net Debt$102.86B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$64.97B
Shareholders' equity (book value)
Asset / Liability1.43xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$107.38B
Current Market Capitalization
Beta-0.10B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Mar 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Enbridge, Inc (ENB)
ENB is up 2.71% at the last close — Enbridge gained 2.06% driven by heightened investor attention and broader infrastructure sector interest.. Piotroski F-Score of 6/9 indicates mixed fundamentals for Enbridge, Inc. Altman Z-Score of 0.40 is below the 1.81 distress threshold — an elevated financial-risk flag.
- Beneish M-Score of -2.50 suggests a low likelihood of earnings manipulation.
- Takes ~55.0 years to repay net debt from free cash flow.
- The stock currently yields 5.7% in dividends.
See how ENB ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ENB moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 48.06 | +2.62% | 3.35 |
| Oct 16 | After-hours | 48.18 | +2.88% | 3.66 |
| Oct 8 | Regular | 46.58 | +1.49% | 2.38 |
| Oct 6 | After-hours | 46.98 | +2.04% | 2.49 |
Frequently Asked Questions about ENB
What is the current Enbridge, Inc (ENB) stock price?
ENB is trading at $48.10 at the last market close, up 2.71% on the session. PreMarketPrice tracks ENB pre-market, intraday and after-hours prices.
Is ENB stock a buy right now?
PreMarketPrice's quantitative model rates Enbridge, Inc's financial health at 24/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ENB stock overvalued?
Enbridge, Inc trades at a trailing P/E of 15.2 and our valuation score rates it 62/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Enbridge, Inc report earnings?
No confirmed earnings date is currently scheduled for ENB. The Earnings section lists recent reports and updates as dates are announced.
What sector does Enbridge, Inc operate in?
Enbridge, Inc operates in the Industrials sector, within the Pipe Lines (No Natural Gas) industry. The Related Stocks section lists sector peers for comparison.
What does Enbridge, Inc do?
Enbridge owns extensive midstream assets that transport hydrocarbons across the US and Canada.
About Enbridge, Inc (ENB) Stock
Enbridge, Inc (ENB) is a US-listed stock operating in the Industrials sector, specifically the Pipe Lines (No Natural Gas) industry. As of the latest update, Enbridge, Inc is trading at $48.10, up 2.71% on the day with a market capitalization of $107.4 billion. The financial health score for ENB is 24/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ENB stock.
ENB Stock Analysis & Key Metrics
On PreMarketPrice, you can track Enbridge, Inc (ENB) across multiple dimensions:
- Pre-market price & movement: Real-time ENB stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ENB with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Enbridge, Inc across multiple reporting periods.
- Financial health score: A composite score of 24/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ENB.
- Sector peers: Compare ENB against 6 other industrials stocks on key financial metrics.
Is ENB a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Enbridge, Inc (ENB) as an investment. The financial health score of 24/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Enbridge, Inc (ENB) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.