Enbridge Inc
TSX:ENB
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EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (16.4), the stock would be worth CA$56.81 (22% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 21 | CA$72.86 |
0%
|
| 3-Year Average | 16.4 | CA$56.81 |
-22%
|
| 5-Year Average | 16.7 | CA$57.86 |
-21%
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| Industry Average | 6.9 | CA$24 |
-67%
|
| Country Average | 11.9 | CA$41.33 |
-43%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Enbridge Inc
TSX:ENB
|
156.9B CAD | 21 | 22.5 | |
| US |
|
Williams Companies Inc
NYSE:WMB
|
88.2B USD | 19.7 | 33.7 | |
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
82.1B USD | 13.3 | 14.3 | |
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
70.6B USD | 17.1 | 23.2 | |
| US |
|
Energy Transfer LP
NYSE:ET
|
65.6B USD | 13.1 | 15.7 | |
| CA |
|
TC Energy Corp
TSX:TRP
|
86.8B CAD | 19.7 | 25.8 | |
| US |
|
MPLX LP
NYSE:MPLX
|
56.4B USD | 13.3 | 11.5 | |
| US |
|
ONEOK Inc
NYSE:OKE
|
55.1B USD | 15.5 | 16.2 | |
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
54B USD | 13.8 | 10.1 | |
| US |
|
Targa Resources Corp
NYSE:TRGP
|
51.7B USD | 17.4 | 28.1 | |
| US |
|
Cheniere Energy Partners LP
NYSE:CQP
|
30.4B USD | 16 | 12.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 7.9 |
| Median | 11.9 |
| 70th Percentile | 19.5 |
| Max | 22 577.3 |
Other Multiples
Enbridge Inc
Glance View
Enbridge Inc. stands as a pivotal player in the North American energy sector, weaving its operations through a complex network of pipelines and energy infrastructure. Rooted in Canada and expanding its reach across the continent, the company specializes in the transportation and distribution of crude oil, liquid hydrocarbons, and natural gas. Enbridge's vast tapestry of pipelines, stretching thousands of miles, serves as the circulatory system for energy, moving vast volumes of oil from production hubs to key markets with precision and reliability. This infrastructure behemoth also operates natural gas utility assets, delivering essential energy suppliers to millions of residents and businesses, marking a significant footprint in both urban and rural communities. Financially, Enbridge crafts its revenue model by leveraging long-term contracts and transportation agreements with energy producers, granting stability and predictability to its earnings. The company's strategic investments in renewable energy sources, such as wind and solar power, signify its forward-thinking approach and alignment with the growing global emphasis on sustainability. Enbridge's business model is further bolstered by its involvement in midstream operations, which include oil storage, refining, and distribution services, allowing the company to tap into additional value within the energy supply chain. This multi-faceted operational structure enables Enbridge to not only capitalize on traditional energy demands but also to position itself advantageously in the evolving landscape of energy transition, ensuring its resilience and relevance in the years to come.