Enbridge
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
0.412.740.320.210.235.768.226.0210.174.594.670.23
Price/Sales ratio
0.010.020.010.010.010.650.700.790.570.650.630.01
Price/Book Value ratio
0.030.030.030.010.000.490.450.610.510.460.470.00
Price/Cash Flow ratio
0.220.150.120.090.063.502.824.022.722.002.390.06
Price/Free Cash Flow ratio
-0.07-0.24-15.21-0.270.218.876.6532.034.763.044.250.21
Price/Earnings Growth ratio
0.00-0.030.00-0.000.00-0.05-0.180.06-0.180.0411.450.00
Dividend Yield
171.77%179.68%215.56%491.34%565.34%19.32%25.07%19.14%23.91%26.83%10.90%19.32%
Profitability Indicator Ratios
Gross Profit Margin
17.48%19.32%24.05%28.34%29.60%31.30%37.62%30.84%30.76%40.48%38.49%29.60%
Operating Profit Margin
8.50%5.50%7.46%3.54%10.38%16.49%20.35%16.58%18.18%19.81%18.63%10.38%
Pretax Profit Margin
5.77%0.03%7.09%1.28%7.69%15.04%10.71%16.41%8.52%18.05%17.88%7.69%
Net Profit Margin
3.73%0.74%5.98%6.44%6.21%11.39%8.60%13.14%5.63%14.18%13.72%6.21%
Effective Tax Rate
28.11%1545.45%5.79%-473.98%6.63%22.66%18.47%18.30%35.31%23.11%24.19%6.63%
Return on Assets
1.92%0.29%2.41%1.76%1.72%3.49%2.09%3.66%1.67%3.43%3.23%1.72%
Return On Equity
8.37%1.32%9.67%4.91%4.14%8.63%5.48%10.17%5.01%10.07%10.30%4.14%
Return on Capital Employed
5.05%2.52%3.54%1.06%3.16%5.60%5.43%5.18%6.08%5.31%4.84%3.16%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.62N/A
Quick Ratio
0.740.590.550.520.480.470.410.390.480.740.540.48
Cash ratio
0.130.090.160.030.030.040.030.010.040.330.090.03
Days of Sales Outstanding
40.0740.5740.4258.3937.6938.1437.2442.4241.4437.5842.6037.69
Days of Inventory outstanding
13.4914.8717.1417.5314.9713.7822.9918.7222.3020.7719.6514.97
Operating Cycle
53.5655.4557.5775.9352.6651.9260.2461.1463.7458.3662.2652.66
Days of Payables Outstanding
4.867.5151.7058.9351.4748.1352.3550.1161.0460.8973.6351.47
Cash Conversion Cycle
48.7047.945.8616.991.193.787.8911.022.70-2.52-11.363.78
Debt Ratios
Debt Ratio
0.490.510.480.400.390.390.420.440.450.450.460.39
Debt Equity Ratio
2.162.301.961.120.930.981.101.241.351.321.440.93
Long-term Debt to Capitalization
0.660.670.630.510.460.470.500.520.540.540.570.46
Total Debt to Capitalization
0.680.690.660.520.480.490.520.550.570.560.590.48
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A2.03N/A
Cash Flow to Debt Ratio
0.060.100.120.100.160.140.140.120.130.170.130.14
Company Equity Multiplier
4.344.484.012.782.402.472.612.772.992.933.122.40
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.060.130.150.140.220.180.250.190.210.320.260.22
Free Cash Flow / Operating Cash Flow Ratio
-3.21-0.61-0.00-0.340.300.390.420.120.570.650.550.30
Cash Flow Coverage Ratio
0.060.100.120.100.160.140.140.120.130.170.130.14
Short Term Coverage Ratio
0.851.301.031.412.271.772.171.181.392.191.631.77
Dividend Payout Ratio
70.74%493.22%69.74%107.72%133.37%111.41%206.36%115.25%243.29%123.21%122.28%122.28%