Valuation Enbridge Inc.

Equities

Delayed Toronto S.E. Other stock markets 01:45:56 10/07/2025 am IST			5-day change	1st Jan Change
59.95 ^CAD	-0.99%		-1.48%	-1.74%

08/07	Enbridge Inc. - Shareholder/Analyst Call
04/07	Canada awaits private sector move on Pacific crude pipeline, minister says	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	82,447	1,00,109	1,07,153	1,01,390	1,32,883	1,30,708	-	-
Change	-	21.42%	7.04%	-5.38%	31.06%	-1.64%	-	-
Enterprise Value (EV) ¹	1,48,892	1,75,463	1,87,272	1,76,688	2,32,752	2,37,839	2,41,011	2,42,191
Change	-	17.85%	6.73%	-5.65%	31.73%	2.19%	1.33%	0.49%
P/E ratio	27.5x	17.2x	41.3x	16.8x	26.1x	20.4x	19.1x	17.9x
PBR	1.34x	1.64x	1.79x	1.65x	2.02x	2.18x	2.24x	2.29x
PEG	-	0.2x	-0.7x	0x	-1.5x	0.8x	2.95x	2.66x
Capitalization / Revenue	2.11x	2.13x	2.01x	2.32x	2.49x	2.51x	2.58x	2.42x
EV / Revenue	3.81x	3.73x	3.51x	4.05x	4.35x	4.56x	4.76x	4.49x
EV / EBITDA	11.2x	12.5x	12.1x	10.7x	12.5x	11.9x	11.5x	11x
EV / EBIT	15.6x	17.3x	16.9x	15.1x	17.3x	16.9x	16.2x	15.2x
EV / FCF	34x	122x	28.4x	18.5x	39.5x	53.3x	36.4x	27.2x
FCF Yield	2.94%	0.82%	3.52%	5.4%	2.53%	1.88%	2.74%	3.67%
Dividend per Share ²	3.24	3.34	3.44	3.55	3.66	3.772	3.885	4.013
Rate of return	7.96%	6.76%	6.5%	7.44%	6%	6.29%	6.48%	6.69%
EPS ²	1.48	2.87	1.28	2.84	2.34	2.94	3.131	3.341
Distribution rate	219%	116%	269%	125%	156%	128%	124%	120%
Net sales ¹	39,087	47,071	53,309	43,649	53,473	52,108	50,585	53,933
EBITDA ¹	13,273	14,001	15,531	16,454	18,620	20,055	20,922	21,943
EBIT ¹	9,561	10,149	11,104	11,692	13,453	14,105	14,909	15,935
Net income ¹	2,983	5,816	2,589	5,839	5,053	6,366	6,733	7,281
Net Debt ¹	66,445	75,354	80,119	75,298	99,869	1,07,131	1,10,303	1,11,483
Reference price ²	40.71	49.41	52.92	47.70	61.01	59.95	59.95	59.95
Nbr of stocks (in thousands)	20,25,219	20,26,085	20,24,819	21,25,574	21,78,051	21,80,285	-	-
Announcement Date	12/02/21	11/02/22	10/02/23	09/02/24	14/02/25	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ENBRIDGE INC.	20.39x	4.56x	11.86x	6.29%	9.54TCr
WILLIAMS COMPANIES, INC.	27.46x	8.39x	12.7x	3.46%	7.06TCr
ENTERPRISE PRODUCTS PARTNERS L.P.	11.7x	1.74x	9.97x	6.81%	6.92TCr
KINDER MORGAN, INC.	21.6x	5.68x	11.31x	4.2%	6.18TCr
MPLX LP	11.27x	5.63x	10.16x	7.98%	5.18TCr
ONEOK, INC.	14.9x	2.93x	10.22x	5.11%	5.11TCr
TC ENERGY CORPORATION	17.99x	8.39x	11.49x	5.33%	4.84TCr
TARGA RESOURCES CORP.	22.87x	2.55x	11.23x	2.34%	3.7TCr
CHENIERE ENERGY PARTNERS, L.P.	12.54x	3.53x	10.77x	6%	2.66TCr
PEMBINA PIPELINE CORPORATION	16.91x	5.43x	10x	5.67%	2.12TCr
Average	17.76x	4.88x	10.97x	5.32%	5.33TCr
Weighted average by Cap.	18.35x	4.97x	11.13x	5.39%