Enbridge Inc banner

Enbridge Inc
TSX:ENB

Watchlist Manager
Enbridge Inc Logo
Enbridge Inc
TSX:ENB
Watchlist
Price: 68.56 CAD -0.84% Market Closed
Market Cap: CA$149.5B

Relative Value

The Relative Value of one ENB stock under the Base Case scenario is 86.76 CAD. Compared to the current market price of 68.56 CAD, Enbridge Inc is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ENB Relative Value
Base Case
86.76 CAD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

ENB Competitors Multiples
Enbridge Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Enbridge Inc
TSX:ENB
149.5B CAD 2.3 26.5 15.2 23
US
Williams Companies Inc
NYSE:WMB
81.5B USD 7.1 34.4 17.1 27.2
US
Enterprise Products Partners LP
NYSE:EPD
75.7B USD 1.4 13.2 11.4 15.5
US
Kinder Morgan Inc
NYSE:KMI
67.7B USD 4 22.3 13.8 20.8
CA
TC Energy Corp
TSX:TRP
85.1B CAD 6.8 25.1 16.7 24.4
US
Energy Transfer LP
NYSE:ET
61.2B USD 0.8 14.2 8.2 13.1
US
MPLX LP
NYSE:MPLX
57.2B USD 4.5 11.9 11.2 13.7
US
ONEOK Inc
NYSE:OKE
51.4B USD 1.6 15.4 11.1 13.9
US
Cheniere Energy Inc
NYSE:LNG
46.2B USD 2.4 11.5 8 9.5
US
Targa Resources Corp
NYSE:TRGP
44.2B USD 2.6 28 13.4 19.9
US
Cheniere Energy Partners LP
NYSE:CQP
27.9B USD 2.7 15 11.2 13.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Enbridge Inc
TSX:ENB
Average EV/EBITDA: 12.5
15.2
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.1
19%
0.9
US
Enterprise Products Partners LP
NYSE:EPD
11.4
5%
2.3
US
Kinder Morgan Inc
NYSE:KMI
13.8
10%
1.4
CA
TC Energy Corp
TSX:TRP
16.7
13%
1.3
US
Energy Transfer LP
NYSE:ET
8.2
9%
0.9
US
MPLX LP
NYSE:MPLX
11.2
7%
1.6
US
ONEOK Inc
NYSE:OKE
11.1
13%
0.9
US
Cheniere Energy Inc
NYSE:LNG
8
0%
N/A
US
Targa Resources Corp
NYSE:TRGP
13.4
14%
1
US
Cheniere Energy Partners LP
NYSE:CQP
11.2
-2%
N/A