Enbridge Stock Performance
| ENB Stock | CAD 60.47 0.32 0.53% |
On a scale of 0 to 100, Enbridge holds a performance score of 24. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Enbridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enbridge is expected to be smaller as well. Please check Enbridge's semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to make a quick decision on whether Enbridge's price patterns will revert.
Risk-Adjusted Performance
24 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Enbridge are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental drivers, Enbridge displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0605 | Payout Ratio 1.3606 | Last Split Factor 2:1 | Forward Dividend Rate 3.66 | Dividend Date 2024-12-01 |
1 | Enbridge A Fat Pitch 7.0 percent Yield With A Growth Catalyst - Seeking Alpha | 09/03/2024 |
2 | Enbridge Stock Sinks As Market Gains What You Should Know - Yahoo Finance | 09/19/2024 |
3 | Enbridge Cut to Hold at Jefferies Financial Group - MarketBeat | 09/30/2024 |
4 | With 58 percent ownership, Enbridge Inc. boasts of strong institutional backing - Simply Wall St | 11/18/2024 |
| Begin Period Cash Flow | 907 M |
Enbridge |
Enbridge Relative Risk vs. Return Landscape
If you would invest 5,255 in Enbridge on August 27, 2024 and sell it today you would earn a total of 792.00 from holding Enbridge or generate 15.07% return on investment over 90 days. Enbridge is generating 0.2258% of daily returns assuming 0.7393% volatility of returns over the 90 days investment horizon. Simply put, 6% of all stocks have less volatile historical return distribution than Enbridge, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Enbridge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enbridge's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enbridge, and traders can use it to determine the average amount a Enbridge's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3054
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Enbridge is performing at about 24% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Enbridge by adding it to a well-diversified portfolio.
Enbridge Fundamentals Growth
Enbridge Stock prices reflect investors' perceptions of the future prospects and financial health of Enbridge, and Enbridge fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enbridge Stock performance.
| Return On Equity | 0.0959 | ||||
| Return On Asset | 0.0313 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 231.95 B | ||||
| Shares Outstanding | 2.18 B | ||||
| Price To Earning | 37.87 X | ||||
| Price To Book | 2.23 X | ||||
| Price To Sales | 2.71 X | ||||
| Revenue | 43.65 B | ||||
| Gross Profit | 20.72 B | ||||
| EBITDA | 16.77 B | ||||
| Net Income | 6.06 B | ||||
| Cash And Equivalents | 861 M | ||||
| Cash Per Share | 0.69 X | ||||
| Total Debt | 81.2 B | ||||
| Debt To Equity | 1.22 % | ||||
| Current Ratio | 0.58 X | ||||
| Book Value Per Share | 27.07 X | ||||
| Cash Flow From Operations | 14.2 B | ||||
| Earnings Per Share | 2.94 X | ||||
| Market Capitalization | 131.7 B | ||||
| Total Asset | 180.32 B | ||||
| Retained Earnings | (17.11 B) | ||||
| Working Capital | (3.04 B) | ||||
| Current Asset | 7.6 B | ||||
| Current Liabilities | 10.81 B | ||||
About Enbridge Performance
By examining Enbridge's fundamental ratios, stakeholders can obtain critical insights into Enbridge's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Enbridge is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 20.78 | 19.74 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.05 | 0.08 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.10 | 0.14 |
Things to note about Enbridge performance evaluation
Checking the ongoing alerts about Enbridge for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enbridge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enbridge has accumulated 81.2 B in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Enbridge has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Enbridge until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: With 58 percent ownership, Enbridge Inc. boasts of strong institutional backing - Simply Wall St |
- Analyzing Enbridge's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enbridge's stock is overvalued or undervalued compared to its peers.
- Examining Enbridge's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Enbridge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enbridge's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enbridge's stock. These opinions can provide insight into Enbridge's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.