Enbridge Inc
NYSE: ENB · ENERGY · OIL & GAS MIDSTREAM
Updated 2026-04-29
Enbridge Inc (ENB) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for ENB.
Valued
Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.
ENB historical valuation range
Where current P/E sits in ENB's own 5Y range.
ENB intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
ENB valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 22.58x
P/S Ratio — History
Current: 1.78x
Is ENB overvalued in 2026?
Enbridge Inc (ENB) currently trades at $53.42 per share with a market capitalization of $116,318,552,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 63/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 22.6x, above its 5-year median of 18.8x. The PEG ratio of 5.73 indicates the price has run ahead of the underlying growth rate.
Looking at its own history, ENB is currently trading more expensive than 74% of the last 5Y on P/E. This places it in the 74th percentile of its historical range, a reasonable but unremarkable position.
Our discounted cash flow model estimates ENB's intrinsic value at $53.99 per share, against the current market price of $53.42. This implies a margin of safety of +4.52%. The stock is priced close to its estimated fair value, offering limited upside without further operational improvement.
Financial quality is a concern. The Piotroski F-Score of 3/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.
Bottom line: ENB trades at a fair valuation on our framework, with a Smart Value Score of 63/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.
Frequently asked questions
Is ENB overvalued in 2026?
Based on a Smart Value Score of 63/100, ENB is fairly valued. Price reasonably reflects current fundamentals with limited cushion in either direction.
What is ENB's fair value?
Our DCF model estimates ENB's intrinsic value at $53.99 per share, versus the current price of $53.42. This produces a margin of safety of +4.52%.
What P/E ratio does ENB trade at?
ENB trades at a P/E of 22.6x on trailing twelve-month earnings, compared to its 5-year median of 18.8x.
Is ENB a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 63/100 reflects the combined read on growth, quality, and price. The profile is balanced. Best suited for investors with an existing thesis.
How does ENB's valuation compare to its history?
On P/E, ENB currently sits in the 74th percentile of its own 5Y range. That is above its long-run median relative to where it has traded over the period.
What is ENB's Smart Value Score?
ENB's Smart Value Score is 63/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.