Enbridge Inc
TSX:ENB

Watchlist Manager
Enbridge Inc Logo
Enbridge Inc
TSX:ENB
Watchlist
Price: 59.24 CAD -0.34%
Market Cap: 129B CAD
Have any thoughts about
Enbridge Inc?
Write Note

Relative Value

The Relative Value of one ENB stock under the Base Case scenario is 72.69 CAD. Compared to the current market price of 59.24 CAD, Enbridge Inc is Undervalued by 19%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ENB Relative Value
Base Case
72.69 CAD
Undervaluation 19%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
31
Median 3Y
2.2
Median 5Y
2.1
Industry
1.2
Forward
2.8
vs History
46
vs Industry
11
Median 3Y
19.6
Median 5Y
19.6
Industry
9.4
Forward
21.1
vs History
23
vs Industry
15
Median 3Y
9.5
Median 5Y
8.7
Industry
4.7
vs History
95
vs Industry
25
Median 3Y
10.9
Median 5Y
12.7
Industry
9.7
vs History
4
vs Industry
28
Median 3Y
1.7
Median 5Y
1.6
Industry
1.1
vs History
4
vs Industry
26
Median 3Y
3.6
Median 5Y
3.6
Industry
1.7
Forward
4.7
vs History
17
vs Industry
23
Median 3Y
8.7
Median 5Y
8.2
Industry
4.3
vs History
12
vs Industry
10
Median 3Y
14.7
Median 5Y
13.6
Industry
5.8
Forward
11.7
vs History
17
vs Industry
9
Median 3Y
23
Median 5Y
20.4
Industry
8.3
Forward
18.2
vs History
25
vs Industry
11
Median 3Y
16.3
Median 5Y
15.1
Industry
6.3
vs History
52
vs Industry
13
Median 3Y
29.8
Median 5Y
31.7
Industry
10.4
vs History
12
vs Industry
39
Median 3Y
1
Median 5Y
1
Industry
0.9

Multiples Across Competitors

ENB Competitors Multiples
Enbridge Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Enbridge Inc
TSX:ENB
129.4B CAD 2.7 20.5 15.3 23.6
US
Enterprise Products Partners LP
NYSE:EPD
66.9B USD 1.2 11.5 10.3 13.9
US
Williams Companies Inc
NYSE:WMB
65.2B USD 6.2 22.6 15.3 24.5
US
Energy Transfer LP
NYSE:ET
64.1B USD 0.8 14.1 8.9 13.6
US
Kinder Morgan Inc
NYSE:KMI
59.6B USD 3.9 23.5 13.5 20.8
US
ONEOK Inc
NYSE:OKE
57.9B USD 2.9 20.8 15 18.5
US
MPLX LP
NYSE:MPLX
48.1B USD 4.1 11.2 9.9 12.2
CA
TC Energy Corp
TSX:TRP
68.4B CAD 4.1 13.4 13.4 18.9
US
Cheniere Energy Inc
NYSE:LNG
46.5B USD 2.9 12.8 8.3 9.8
US
Targa Resources Corp
NYSE:TRGP
37.4B USD 2.4 31.1 12.7 19.4
US
Cheniere Energy Partners LP
NYSE:CQP
25.2B USD 2.8 11.3 9.3 11.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Enbridge Inc
TSX:ENB
Average EV/EBITDA: 12
15.3
51%
0.3
US
Enterprise Products Partners LP
NYSE:EPD
10.3
24%
0.4
US
Williams Companies Inc
NYSE:WMB
15.3
28%
0.5
US
Energy Transfer LP
NYSE:ET
8.9
37%
0.2
US
Kinder Morgan Inc
NYSE:KMI
13.5
33%
0.4
US
ONEOK Inc
NYSE:OKE
15
80%
0.2
US
MPLX LP
NYSE:MPLX
9.9
20%
0.5
CA
TC Energy Corp
TSX:TRP
13.4
22%
0.6
US
Cheniere Energy Inc
NYSE:LNG
8.3
-56%
N/A
US
Targa Resources Corp
NYSE:TRGP
12.7
30%
0.4
US
Cheniere Energy Partners LP
NYSE:CQP
9.3
-34%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Enbridge Inc
TSX:ENB
Average EV/EBIT: 16.9
23.6
55%
0.4
US
Enterprise Products Partners LP
NYSE:EPD
13.9
27%
0.5
US
Williams Companies Inc
NYSE:WMB
24.5
28%
0.9
US
Energy Transfer LP
NYSE:ET
13.6
42%
0.3
US
Kinder Morgan Inc
NYSE:KMI
20.8
26%
0.8
US
ONEOK Inc
NYSE:OKE
18.5
49%
0.4
US
MPLX LP
NYSE:MPLX
12.2
19%
0.6
CA
TC Energy Corp
TSX:TRP
18.9
25%
0.8
US
Cheniere Energy Inc
NYSE:LNG
9.8
-62%
N/A
US
Targa Resources Corp
NYSE:TRGP
19.4
-8%
N/A
US
Cheniere Energy Partners LP
NYSE:CQP
11.1
-40%
N/A

See Also

Discover More
Back to Top