WallStSmart

Enbridge Inc (ENB)vsPlains All American Pipeline LP (PAA)

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Smart Verdict

WallStSmart Research — data-driven comparison

Enbridge Inc generates 47% more annual revenue ($65.19B vs $44.26B). ENB leads profitability with a 11.5% profit margin vs 3.2%. ENB appears more attractively valued with a PEG of 1.82. ENB earns a higher WallStSmart Score of 67/100 (B-).

ENB

Strong Buy

67

out of 100

Grade: B-

Growth: 5.3Profit: 6.5Value: 10.0Quality: 4.5
Piotroski: 3/9Altman Z: 0.61

PAA

Buy

56

out of 100

Grade: C

Growth: 4.7Profit: 5.0Value: 10.0Quality: 5.0
Piotroski: 4/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ENBUndervalued (+53.1%)

Margin of Safety

+53.1%

Fair Value

$109.98

Current Price

$54.48

$55.50 discount

UndervaluedFair: $109.98Overvalued
PAAUndervalued (+62.3%)

Margin of Safety

+62.3%

Fair Value

$52.42

Current Price

$22.15

$30.27 discount

UndervaluedFair: $52.42Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ENB3 strengths · Avg: 9.0/10
Debt/EquityHealth
0.1010/10

Conservative balance sheet, low leverage

Market CapQuality
$116.68B9/10

Large-cap with strong market position

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

PAA2 strengths · Avg: 9.0/10
EPS GrowthGrowth
145.8%10/10

Earnings expanding 145.8% YoY

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

Areas to Watch

ENB4 concerns · Avg: 3.3/10
PEG RatioValuation
1.824/10

Expensive relative to growth rate

EPS GrowthGrowth
2.9%4/10

2.9% earnings growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
0.612/10

Distress zone — elevated risk

PAA4 concerns · Avg: 3.0/10
PEG RatioValuation
2.354/10

Expensive relative to growth rate

Profit MarginProfitability
3.2%3/10

3.2% margin — thin

Operating MarginProfitability
3.5%3/10

Operating margin of 3.5%

Revenue GrowthGrowth
-12.2%2/10

Revenue declined 12.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : ENB

The strongest argument for ENB centers on Debt/Equity, Market Cap, Price/Book.

Bull Case : PAA

The strongest argument for PAA centers on EPS Growth, Price/Book.

Bear Case : ENB

The primary concerns for ENB are PEG Ratio, EPS Growth, Piotroski F-Score.

Bear Case : PAA

The primary concerns for PAA are PEG Ratio, Profit Margin, Operating Margin. Thin 3.2% margins leave little buffer for downturns.

Key Dynamics to Monitor

ENB carries more volatility with a beta of 0.86 — expect wider price swings.

ENB is growing revenue faster at 5.9% — sustainability is the question.

PAA generates stronger free cash flow (637M), providing more financial flexibility.

Monitor OIL & GAS MIDSTREAM industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ENB scores higher overall (67/100 vs 56/100). PAA offers better value entry with a 62.3% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Enbridge Inc

ENERGY · OIL & GAS MIDSTREAM · USA

Enbridge Inc. is an energy infrastructure company. The company is headquartered in Calgary, Canada.

Plains All American Pipeline LP

ENERGY · OIL & GAS MIDSTREAM · USA

Plains All American Pipeline, LP, is engaged in the transportation, completion, storage and collection of crude oil and natural gas liquids (NGL) through pipelines in the United States and Canada. The company is headquartered in Houston, Texas.

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