ENB's Valuation Remains Premium: Is the Stock Worth Overpaying for?

Key Takeaways ENB trades at a 15.36x EV/EBITDA, above the industry average of 14.05x, sustaining its valuation premium. Enbridge expects steady cash flow growth from its C$28B secured capital project backlog through 2029. 98% of ENB's EBITDA is backed by regulated or take-or-pay contracts, shielding earnings from volatility.Enbridge Inc. (ENB) is trading at a 15.36x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is at a premium compa ...