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Enbridge Inc
TSX:ENB

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Enbridge Inc
TSX:ENB
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Price: 74.58 CAD -1.01% Market Closed
Market Cap: CA$162.9B

P/FCFE

31.3
Current
149%
More Expensive
vs 3-y average of 12.6

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
31.3
=
Market Cap
CA$156.9B
/
Free Cash Flow to Equity
CA$5.1B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
31.3
=
Market Cap
CA$156.9B
/
Free Cash Flow to Equity
CA$5.1B

Valuation Scenarios

Enbridge Inc is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (12.6), the stock would be worth CA$29.98 (60% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-60%
Maximum Upside
No Upside Scenarios
Average Downside
48%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 31.3 CA$74.58
0%
3-Year Average 12.6 CA$29.98
-60%
5-Year Average 12.4 CA$29.57
-60%
Industry Average 18 CA$42.92
-42%
Country Average 22 CA$52.46
-30%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
CA
Enbridge Inc
TSX:ENB
164.4B CAD 31.3 22.7
US
Williams Companies Inc
NYSE:WMB
92.3B USD 42.2 35.3
US
Enterprise Products Partners LP
NYSE:EPD
82.2B USD 19.9 14.3
US
Kinder Morgan Inc
NYSE:KMI
72.4B USD 50.6 21.9
CA
TC Energy Corp
TSX:TRP
94.8B CAD 41.3 27.8
US
Energy Transfer LP
NYSE:ET
68.6B USD 12 16.4
US
ONEOK Inc
NYSE:OKE
56.9B USD 29.3 16.8
US
Cheniere Energy Inc
NYSE:LNG
56.8B USD 34.1 10.7
US
MPLX LP
NYSE:MPLX
57.7B USD 8 11.8
US
Targa Resources Corp
NYSE:TRGP
54.6B USD 18 29.6
US
Cheniere Energy Partners LP
NYSE:CQP
32.4B USD 16.9 12.9

Market Distribution

In line with most companies in Canada
Percentile
66th
Based on 1 366 companies
66th percentile
31.3
Low
0 — 13.2
Typical Range
13.2 — 36
High
36 —
Distribution Statistics
Canada
Min 0
30th Percentile 13.2
Median 22
70th Percentile 36
Max 116 589.8

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
70.83 CAD
Overvaluation 5%
Intrinsic Value
Price CA$74.58
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