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Enbridge Inc
TSX:ENB

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Enbridge Inc
TSX:ENB
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Price: 73.01 CAD 0.55% Market Closed
Market Cap: CA$159.4B

EV/GP

9.5
Current
8%
More Expensive
vs 3-y average of 8.8

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
9.5
=
Enterprise Value
CA$256B
/
Gross Profit
CA$27B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
9.5
=
Enterprise Value
CA$256B
/
Gross Profit
CA$27B

Valuation Scenarios

Enbridge Inc is trading above its 3-year average

If EV/GP returns to its 3-Year Average (8.8), the stock would be worth CA$67.46 (8% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-49%
Maximum Upside
No Upside Scenarios
Average Downside
24%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 9.5 CA$73.01
0%
3-Year Average 8.8 CA$67.46
-8%
5-Year Average 8.8 CA$67.46
-8%
Industry Average 4.8 CA$37.2
-49%
Country Average 6.6 CA$50.95
-30%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
CA
Enbridge Inc
TSX:ENB
158.4B CAD 9.5 22.2
US
Williams Companies Inc
NYSE:WMB
89.6B USD 12.1 34.2
US
Enterprise Products Partners LP
NYSE:EPD
83.9B USD 10.1 14.6
US
Kinder Morgan Inc
NYSE:KMI
70.8B USD 11.6 21.5
US
Energy Transfer LP
NYSE:ET
68B USD 6.1 16.3
CA
TC Energy Corp
TSX:TRP
89.7B CAD 13.9 26.7
US
ONEOK Inc
NYSE:OKE
56.2B USD 8.6 16.6
US
MPLX LP
NYSE:MPLX
56.6B USD 10 11.5
US
Cheniere Energy Inc
NYSE:LNG
57.2B USD 6.8 10.7
US
Targa Resources Corp
NYSE:TRGP
53.7B USD 10.8 29.2
US
Cheniere Energy Partners LP
NYSE:CQP
31.8B USD 10.2 12.7

Market Distribution

In line with most companies in Canada
Percentile
65th
Based on 1 947 companies
65th percentile
9.5
Low
0.1 — 3.8
Typical Range
3.8 — 10.6
High
10.6 —
Distribution Statistics
Canada
Min 0.1
30th Percentile 3.8
Median 6.6
70th Percentile 10.6
Max 259 067.6

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 3%
Intrinsic Value
Price CA$73.01
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