` SMLP (Summit Midstream Partners LP) vs ENB (Enbridge Inc) Comparison - Alpha Spread

SMLP
vs
ENB

Over the past 12 months, SMLP has underperformed ENB, delivering a return of 4% compared to the ENB's 28% growth.

Valuation Comparison

SMLP Intrinsic Value
HIDDEN
Show
ENB Intrinsic Value
HIDDEN
Show
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Summit Midstream Partners LP
NYSE:SMLP
37.75 USD
Enbridge Inc
TSX:ENB
61.53 CAD

Financials Comparison

Growth Over Time
SMLP vs ENB

SMLP
ENB
Add Stock
Revenue
www.alphaspread.com
Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Summit Midstream Partners LP
Revenue
Enbridge Inc
Revenue

All metrics are calculated based on data from the last 10 years.

Profitability Comparison

Free Cash Flow
SMLP vs ENB

SMLP
ENB
Add Stock
Free Cash Flow
www.alphaspread.com
Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Summit Midstream Partners LP
NYSE:SMLP
Enbridge Inc
TSX:ENB
What is Free Cash Flow?

Gross Margin

SMLP
54.1%
ENB
42.4%

Operating Margin

SMLP
18%
ENB
17.2%

Net Margin

SMLP
17.5%
ENB
9.7%

FCF Margin

SMLP
11.2%
ENB
8.2%

ROE

SMLP
8.8%
ENB
8.9%

ROA

SMLP
3.3%
ENB
2.9%

ROIC

SMLP
3.7%
ENB
4.1%

ROCE

SMLP
3.7%
ENB
5.6%

Stocks Performance

Stocks Performance
SMLP vs ENB

Loading
SMLP
ENB
Add Stock
www.alphaspread.com
1Y 3Y 5Y 10Y 15Y 20Y

Performance Gap
SMLP vs ENB

Performance Gap Between SMLP and ENB
HIDDEN
Show

Performance By Year
SMLP vs ENB

Loading
SMLP
ENB
Add Stock
Unlock Full Access to Alpha Spread
Create Free Account
ALPHA SPREAD
Follow us
Join more than 262,900+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.