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Enbridge Inc
TSX:ENB

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Enbridge Inc
TSX:ENB
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Price: 75.34 CAD 3.19% Market Closed
Market Cap: CA$164.5B

EV/IC

1.2
Current
18%
More Expensive
vs 3-y average of 1.1

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.2
=
Enterprise Value
CA$256B
/
Invested Capital
CA$209.8B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.2
=
Enterprise Value
CA$256B
/
Invested Capital
CA$209.8B

Valuation Scenarios

Enbridge Inc is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.1), the stock would be worth CA$63.95 (15% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-16%
Maximum Upside
+34%
Average Downside
1%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.2 CA$75.34
0%
3-Year Average 1.1 CA$63.95
-15%
5-Year Average 1 CA$63.34
-16%
Industry Average 1.1 CA$69.24
-8%
Country Average 1.7 CA$101.27
+34%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
CA
Enbridge Inc
TSX:ENB
159.3B CAD 1.2 22.9
US
Williams Companies Inc
NYSE:WMB
93.3B USD 2.2 35.6
US
Enterprise Products Partners LP
NYSE:EPD
83.7B USD 1.5 14.5
US
Kinder Morgan Inc
NYSE:KMI
73.1B USD 1.4 22.2
US
Energy Transfer LP
NYSE:ET
69.5B USD 1 16.6
CA
TC Energy Corp
TSX:TRP
91.1B CAD 1.3 27.9
US
ONEOK Inc
NYSE:OKE
58.2B USD 1.4 17.2
US
Cheniere Energy Inc
NYSE:LNG
57.8B USD 1.7 10.8
US
MPLX LP
NYSE:MPLX
57.3B USD 2 11.7
US
Targa Resources Corp
NYSE:TRGP
55.8B USD 3.1 30.3
US
Cheniere Energy Partners LP
NYSE:CQP
32.4B USD 2.7 13

Market Distribution

In line with most companies in Canada
Percentile
39th
Based on 3 166 companies
39th percentile
1.2
Low
0 — 1
Typical Range
1 — 3.7
High
3.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1
Median 1.7
70th Percentile 3.7
Max 95 179.6

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 6%
Intrinsic Value
Price CA$75.34
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