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Enbridge Inc
TSX:ENB

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Enbridge Inc
TSX:ENB
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Price: 72.86 CAD 1.32% Market Closed
Market Cap: CA$159.1B

EV/OCF

21
Current
28%
More Expensive
vs 3-y average of 16.4

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.

EV/OCF
21
=
Enterprise Value
CA$255.6B
/
Operating Cash Flow
CA$12.3B

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.

EV/OCF
21
=
Enterprise Value
CA$255.6B
/
Operating Cash Flow
CA$12.3B

Valuation Scenarios

Enbridge Inc is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (16.4), the stock would be worth CA$56.81 (22% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-67%
Maximum Upside
No Upside Scenarios
Average Downside
38%
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%
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

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
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

Higher than 73% of companies in Canada
Percentile
73nd
Based on 1 926 companies
73nd percentile
21
Low
0 — 7.9
Typical Range
7.9 — 19.5
High
19.5 —
Distribution Statistics
Canada
Min 0
30th Percentile 7.9
Median 11.9
70th Percentile 19.5
Max 22 577.3

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.

ENB Intrinsic Value
71.22 CAD
Overvaluation 2%
Intrinsic Value
Price CA$72.86
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