AlphaMadera's AlphaVal page computes Enbridge Inc.'s fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag ENB as undervalued, fairly valued, or overvalued.

What is Enbridge Inc.'s fair value?

Fair value for ENB is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value ENB?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from ENB's most recent reported fundamentals.

ENB - Enbridge Inc.

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $46.86 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Moderate

Trading 28.6% above fair value

Current Price $55.25

Bear Case $34.36 37.8% downside ($34.36 - $55.25) / $55.25 = -37.8% $2.44 × 14x P/E

Fair Value $42.95 22.3% downside ($42.95 - $55.25) / $55.25 = -22.3% $2.44 × 17x P/E

Bull Case $51.54 6.7% downside ($51.54 - $55.25) / $55.25 = -6.7% $2.44 × 20x P/E

Adjust Assumptions

P/E Multiple

17.1x

Adjusted EPS

2.44$

Key Value Driver

Normalized P/E multiple (17x base case)

Implied Market Multiple 22.7x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $46.86 from 25 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $42.95 per share.

Warnings

⚠ The company pays out 121% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.

ℹ Financial statements were converted from CAD into USD using USDCAD at 0.7089 USD per CAD.

Key Risks

Growth DCF inappropriate — terminal value assumptions dominate
EV/EBITDA misleading for regulated businesses where capex is mandated
Regulatory risk is a fat tail not visible in normal multiples