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Enbridge Inc. (NYSE: ENB) – Is this large market cap stock undervalued?

Enbridge Inc. (NYSE: ENB), is firmly in the large market cap category with market cap of 41319.17. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Enbridge Inc. is 44.22 (with a change from open of 2.31%), this in conjunction with a target price of 48.47. Volume today has so far reached 2420800, with an average volume of about 2135.52. The GAP for this stock, is 0.26%.

The P/E ratio is 40.83, bringing the forward P/E to a value of 22.96. The current EPS for Enbridge Inc., is 1.08, with a EPS growth for this year coming to a value of -103.30%. Performance has been interesting with performance year to date coming to 37.61%.

Looking further into the growth statistics for Enbridge Inc., EPS is looking like it will grow 7.66% in the next year. Looking even further it is projected to be 0.69%. Quarter over quarter is -51.60% for EPS growth and for sales growth quarter over quarter it is -8.00%. Looking at past EPS growth statistics we see that for the past five years it has been -15.30%. Sales growth for the past five years has in fact been 9.40%.

Looking at the ownership, we see that the insider ownership is at 9.20% and institutional ownership is 70.50%. Shares outstanding is 934.4, while shares float is at a value of 932.91. Float short for Enbridge Inc. is 1.28% and the short ratio is 5.6.

In terms of debt, long term debt/equity is 2.5, while the total debt/equity comes to 2.96. The ability to meet these debts, means that the current ratio is 0.5, and the quick ratio is 0.4. The most recent gross margin is 30.00% and their operating margin is 10.60%. The profit margin is 3.80%.

Enbridge Inc. has seen returns on assets of 1.50%, and on investment, 3.10%. Return on equity is 9.90%. Price/Earnings to growth ratio is 59.26. Price/Sales ratio is at a value of 1.6, with Price/book ratio coming to 3.9 and Price/cash is 43.28, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 6.22% and 16.74% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -3.39% and the 52 week low is 66.51%.

Enbridge Inc. has a dividend yield of 3.66%, with a current price of 44.22. The ability to pay this means the payout ratio is 139.20%. This is in an industry, Oil & Gas Pipelines, with equally high dividends from other companies in this sector, which it is Basic Materials. Enbridge Inc. is based in Canada.

Performance in the Oil & Gas Pipelines industry means that Enbridge Inc. has seen performance for the past week of 0.07%, with performance for the month coming to 11.67%. Looking at the data for the quarter it is at a value of 6.12%, and for the half year the performance is 27.53%. Volatility for this week is 1.82% and for the month this is 2.36%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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