Valuation Enbridge Inc.

Equities

Market Closed - Toronto S.E. Other stock markets 01:30:00 08/05/2026 am IST			5-day change	1st Jan Change
73.72 ^CAD	-0.39%		-2.15%	+12.24%

07/05	Enbridge Inc. - Shareholder/Analyst Call
05/05	Canada-US oil pipeline close to reaching commitment requirement, sources say	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,00,109	1,07,153	1,01,390	1,32,883	1,43,379	1,60,882	-	-
Change	-	7.04%	-5.38%	31.06%	7.9%	12.21%	-	-
Enterprise Value (EV) ¹	1,75,463	1,87,272	1,76,688	2,32,752	2,47,309	2,73,941	2,77,675	2,73,177
Change	-	6.73%	-5.65%	31.73%	6.25%	10.77%	1.36%	-1.62%
P/E ratio	17.2x	41.3x	16.8x	26.1x	20.3x	24.4x	22.6x	20.5x
PBR	1.64x	1.79x	1.65x	2.02x	2.3x	2.95x	3.08x	3.29x
PEG	-	-0.7x	0x	-1.5x	0.5x	-3.8x	2.86x	2x
Capitalization / Revenue	2.13x	2.01x	2.32x	2.49x	2.2x	2.56x	2.44x	2.31x
EV / Revenue	3.73x	3.51x	4.05x	4.35x	3.79x	4.37x	4.21x	3.93x
EV / EBITDA	12.5x	12.1x	10.7x	12.5x	12.4x	13.3x	12.8x	11.8x
EV / EBIT	17.3x	16.9x	15.1x	17.3x	17.3x	18.7x	17.8x	16.1x
EV / FCF	122x	28.4x	18.5x	39.5x	75x	95.4x	51.4x	28.8x
FCF Yield	0.82%	3.52%	5.4%	2.53%	1.33%	1.05%	1.95%	3.47%
Dividend per Share ²	3.34	3.44	3.55	3.66	3.77	3.892	4.005	4.131
Rate of return	6.76%	6.5%	7.44%	6%	5.74%	5.28%	5.43%	5.6%
EPS ²	2.87	1.28	2.84	2.34	3.23	3.023	3.262	3.6
Distribution rate	116%	269%	125%	156%	117%	129%	123%	115%
Net sales ¹	47,071	53,309	43,649	53,473	65,194	62,731	65,981	69,507
EBITDA ¹	14,001	15,531	16,454	18,620	19,952	20,561	21,738	23,128
EBIT ¹	10,149	11,104	11,692	13,453	14,291	14,623	15,585	16,941
Net income ¹	5,816	2,589	5,839	5,053	7,072	6,714	7,253	8,086
Net Debt ¹	75,354	80,119	75,298	99,869	1,03,930	1,13,059	1,16,793	1,12,295
Reference price ²	49.41	52.92	47.70	61.01	65.68	73.72	73.72	73.72
Nbr of stocks (in thousands)	20,26,085	20,24,819	21,25,574	21,78,051	21,83,000	21,82,337	-	-
Announcement Date	11/02/22	10/02/23	09/02/24	14/02/25	13/02/26	-	-	-

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.	24.39x	4.37x	13.32x	5.28%	12TCr
WILLIAMS COMPANIES, INC.	31.16x	10.5x	14.67x	2.89%	8.92TCr
ENTERPRISE PRODUCTS PARTNERS L.P.	13.09x	2.09x	10.71x	5.99%	8.16TCr
KINDER MORGAN, INC.	21.7x	5.78x	11.87x	3.78%	7.01TCr
TC ENERGY CORPORATION	23.11x	9.67x	13.13x	3.95%	6.78TCr
MPLX LP	13.17x	6.25x	11.21x	8.11%	5.71TCr
ONEOK, INC.	14.94x	2.28x	10.52x	5.02%	5.41TCr
TARGA RESOURCES CORP.	24.09x	3.62x	13.07x	1.98%	5.42TCr
CHENIERE ENERGY PARTNERS, L.P.	14.97x	3.97x	11.89x	5.14%	3.06TCr
PEMBINA PIPELINE CORPORATION	21.18x	6.49x	11.82x	4.73%	2.61TCr
Average	20.18x	5.50x	12.22x	4.69%	6.49TCr
Weighted average by Cap.	21.10x	5.63x	12.43x	4.66%