Enbridge Inc Common Stock (ENB)

FairStock Score: 40/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses with durable assets, honest cash flows, and a price that leaves room for error. Enbridge owns critical energy infrastructure—liquids pipelines, gas transmission, distribution and storage, plus some renewable power—so it enjoys the toll-road characteristics of moving hydrocarbons. The Lynch classification as a stalwart, with 17.4% annual profit growth over five years and 9.3% revenue growth, supports the idea of a steady compounder. On filed figures, FY2025 revenue was $29.3B, net income $7.5B, and diluted EPS $3.22, up from FY2024 revenue of $25.9B, net income of $5.4B, and EPS of $2.34. Yet the latest quarter ended 2026-06-30 showed revenue of $6.6B, net income of $1.5B, and EPS of $0.64, reminding me that quarterly results can be lumpy. The balance sheet and returns give me pause. FairStock's calculations show a 9.22% ROE, only 3.29% ROCE, D/E of 1.63, and an Altman Z-Score of 0.39. FCF is $1.7B, a 1.6% FCF yield. The 5.75% dividend is attractive, but it must be covered by cash flow, not just accounting earnings. At the 2026-10-13 close of $47.46, the P/E is 25.65, P/B is 2.46, and EV/EBITDA is 10.83. The Graham Number is $35.19, leaving a negative margin of safety of 34.87%. FairStock Score is 39/100. I would want better returns on capital and a wider discount before calling this a bargain.

In plain English: Enbridge moves and stores oil and natural gas through pipelines and other energy facilities, and it also has gas distribution and some renewable power. The business looks steady and pays a high dividend, but it carries a lot of debt and its profits have moved around. At the recent price, the stock looks expensive compared with its current earnings and accounting value.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer