TC ENERGY CORP - TRPCN 4.939 PERP (TRP-PR-A.CA) Fundamental Analysis & Valuation

TSX:TRP-PR-A • CA87807B2066

Current stock price

20.97 CAD
0 (0%)
Last:

This TRP-PR-A.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. TRP-PR-A.CA Profitability Analysis

1.1 Basic Checks

  • In the past year TRP-PR-A was profitable.
  • TRP-PR-A had a positive operating cash flow in the past year.
  • In the past 5 years TRP-PR-A has always been profitable.
  • TRP-PR-A had a positive operating cash flow in each of the past 5 years.
TRP-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFTRP-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.86%, TRP-PR-A is in the better half of the industry, outperforming 60.58% of the companies in the same industry.
  • The Return On Equity of TRP-PR-A (12.46%) is better than 86.54% of its industry peers.
  • TRP-PR-A's Return On Invested Capital of 5.03% is fine compared to the rest of the industry. TRP-PR-A outperforms 73.56% of its industry peers.
  • TRP-PR-A had an Average Return On Invested Capital over the past 3 years of 4.55%. This is below the industry average of 6.78%.
  • The 3 year average ROIC (4.55%) for TRP-PR-A is below the current ROIC(5.03%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.86%
ROE 12.46%
ROIC 5.03%
ROA(3y)3%
ROA(5y)2.26%
ROE(3y)12.89%
ROE(5y)9.2%
ROIC(3y)4.55%
ROIC(5y)4.69%
TRP-PR-A.CA Yearly ROA, ROE, ROICTRP-PR-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • TRP-PR-A has a better Profit Margin (22.31%) than 89.90% of its industry peers.
  • TRP-PR-A's Profit Margin has declined in the last couple of years.
  • TRP-PR-A has a better Operating Margin (44.37%) than 95.19% of its industry peers.
  • In the last couple of years the Operating Margin of TRP-PR-A has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 69.69%, TRP-PR-A belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
  • In the last couple of years the Gross Margin of TRP-PR-A has remained more or less at the same level.
Industry RankSector Rank
OM 44.37%
PM (TTM) 22.31%
GM 69.69%
OM growth 3Y3.02%
OM growth 5Y-0.12%
PM growth 3Y73.39%
PM growth 5Y-8.23%
GM growth 3Y1.29%
GM growth 5Y-0.14%
TRP-PR-A.CA Yearly Profit, Operating, Gross MarginsTRP-PR-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. TRP-PR-A.CA Health Analysis

2.1 Basic Checks

  • TRP-PR-A has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • TRP-PR-A has about the same amout of shares outstanding than it did 1 year ago.
  • TRP-PR-A has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for TRP-PR-A is higher compared to a year ago.
TRP-PR-A.CA Yearly Shares OutstandingTRP-PR-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
TRP-PR-A.CA Yearly Total Debt VS Total AssetsTRP-PR-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.2 Solvency

  • Based on the Altman-Z score of 0.35, we must say that TRP-PR-A is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of TRP-PR-A (0.35) is worse than 61.06% of its industry peers.
  • The Debt to FCF ratio of TRP-PR-A is 29.22, which is on the high side as it means it would take TRP-PR-A, 29.22 years of fcf income to pay off all of its debts.
  • TRP-PR-A has a Debt to FCF ratio of 29.22. This is in the better half of the industry: TRP-PR-A outperforms 69.71% of its industry peers.
  • A Debt/Equity ratio of 2.15 is on the high side and indicates that TRP-PR-A has dependencies on debt financing.
  • TRP-PR-A's Debt to Equity ratio of 2.15 is on the low side compared to the rest of the industry. TRP-PR-A is outperformed by 76.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.15
Debt/FCF 29.22
Altman-Z 0.35
ROIC/WACC0.8
WACC6.31%
TRP-PR-A.CA Yearly LT Debt VS Equity VS FCFTRP-PR-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B

2.3 Liquidity

  • A Current Ratio of 0.63 indicates that TRP-PR-A may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.63, TRP-PR-A is in line with its industry, outperforming 46.63% of the companies in the same industry.
  • A Quick Ratio of 0.56 indicates that TRP-PR-A may have some problems paying its short term obligations.
  • TRP-PR-A has a Quick ratio of 0.56. This is comparable to the rest of the industry: TRP-PR-A outperforms 46.63% of its industry peers.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.56
TRP-PR-A.CA Yearly Current Assets VS Current LiabilitesTRP-PR-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. TRP-PR-A.CA Growth Analysis

3.1 Past

  • The earnings per share for TRP-PR-A have decreased by -5.63% in the last year.
  • TRP-PR-A shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.47% yearly.
  • TRP-PR-A shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.66%.
  • TRP-PR-A shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.23% yearly.
EPS 1Y (TTM)-5.63%
EPS 3Y-6.45%
EPS 5Y-3.47%
EPS Q2Q%88.46%
Revenue 1Y (TTM)10.66%
Revenue growth 3Y0.58%
Revenue growth 5Y3.23%
Sales Q2Q%206.47%

3.2 Future

  • Based on estimates for the next years, TRP-PR-A will show a small growth in Earnings Per Share. The EPS will grow by 7.15% on average per year.
  • The Revenue is expected to grow by 4.68% on average over the next years.
EPS Next Y5.52%
EPS Next 2Y5.24%
EPS Next 3Y6.88%
EPS Next 5Y7.15%
Revenue Next Year6.33%
Revenue Next 2Y4.22%
Revenue Next 3Y4.58%
Revenue Next 5Y4.68%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
TRP-PR-A.CA Yearly Revenue VS EstimatesTRP-PR-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B
TRP-PR-A.CA Yearly EPS VS EstimatesTRP-PR-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3 4 5

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8

4. TRP-PR-A.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 5.96, which indicates a rather cheap valuation of TRP-PR-A.
  • Based on the Price/Earnings ratio, TRP-PR-A is valued cheaper than 92.31% of the companies in the same industry.
  • TRP-PR-A is valuated cheaply when we compare the Price/Earnings ratio to 25.54, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 5.65, the valuation of TRP-PR-A can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TRP-PR-A indicates a rather cheap valuation: TRP-PR-A is cheaper than 95.67% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 22.70. TRP-PR-A is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 5.96
Fwd PE 5.65
TRP-PR-A.CA Price Earnings VS Forward Price EarningsTRP-PR-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, TRP-PR-A is valued a bit cheaper than the industry average as 74.04% of the companies are valued more expensively.
  • 86.06% of the companies in the same industry are more expensive than TRP-PR-A, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 10.6
EV/EBITDA 8.11
TRP-PR-A.CA Per share dataTRP-PR-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • TRP-PR-A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.08
PEG (5Y)N/A
EPS Next 2Y5.24%
EPS Next 3Y6.88%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. TRP-PR-A.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.98%, TRP-PR-A has a reasonable but not impressive dividend return.
  • TRP-PR-A's Dividend Yield is a higher than the industry average which is at 4.47.
  • Compared to an average S&P500 Dividend Yield of 1.89, TRP-PR-A pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.98%

5.2 History

  • The dividend of TRP-PR-A has a limited annual growth rate of 0.77%.
  • TRP-PR-A has paid a dividend for at least 10 years, which is a reliable track record.
  • TRP-PR-A has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.77%
Div Incr Years0
Div Non Decr Years5
TRP-PR-A.CA Yearly Dividends per shareTRP-PR-A.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 106.50% of the earnings are spent on dividend by TRP-PR-A. This is not a sustainable payout ratio.
  • TRP-PR-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP106.5%
EPS Next 2Y5.24%
EPS Next 3Y6.88%
TRP-PR-A.CA Yearly Income VS Free CF VS DividendTRP-PR-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B
TRP-PR-A.CA Dividend Payout.TRP-PR-A.CA Dividend Payout, showing the Payout Ratio.TRP-PR-A.CA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

TRP-PR-A.CA Fundamentals: All Metrics, Ratios and Statistics

TC ENERGY CORP - TRPCN 4.939 PERP

TSX:TRP-PR-A (3/23/2026, 7:00:00 PM)

20.97

0 (0%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)04-29
Inst Owners76.43%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap21.83B
Revenue(TTM)15.24B
Net Income(TTM)3.40B
Analysts72.8
Price Target21.45 (2.29%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.98%
Yearly Dividend3.48
Dividend Growth(5Y)0.77%
DP106.5%
Div Incr Years0
Div Non Decr Years5
Ex-Date03-02
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.31%
Min EPS beat(2)-4.57%
Max EPS beat(2)5.19%
EPS beat(4)2
Avg EPS beat(4)0.26%
Min EPS beat(4)-4.57%
Max EPS beat(4)5.19%
EPS beat(8)5
Avg EPS beat(8)-3.86%
EPS beat(12)8
Avg EPS beat(12)-0.4%
EPS beat(16)10
Avg EPS beat(16)0.18%
Revenue beat(2)1
Avg Revenue beat(2)-0.21%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)0.31%
Revenue beat(4)3
Avg Revenue beat(4)2.06%
Min Revenue beat(4)-0.72%
Max Revenue beat(4)4.32%
Revenue beat(8)5
Avg Revenue beat(8)-5.88%
Revenue beat(12)7
Avg Revenue beat(12)-3.74%
Revenue beat(16)10
Avg Revenue beat(16)-2.1%
PT rev (1m)0.66%
PT rev (3m)-1.37%
EPS NQ rev (1m)-2.88%
EPS NQ rev (3m)-2.56%
EPS NY rev (1m)-1.93%
EPS NY rev (3m)-1.58%
Revenue NQ rev (1m)1.54%
Revenue NQ rev (3m)1.99%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.1%
Valuation
Industry RankSector Rank
PE 5.96
Fwd PE 5.65
P/S 1.43
P/FCF 10.6
P/OCF 2.97
P/B 0.8
P/tB 1.57
EV/EBITDA 8.11
EPS(TTM)3.52
EY16.79%
EPS(NY)3.71
Fwd EY17.71%
FCF(TTM)1.98
FCFY9.44%
OCF(TTM)7.06
OCFY33.65%
SpS14.64
BVpS26.22
TBVpS13.36
PEG (NY)1.08
PEG (5Y)N/A
Graham Number45.57
Profitability
Industry RankSector Rank
ROA 2.86%
ROE 12.46%
ROCE 6.22%
ROIC 5.03%
ROICexc 5.11%
ROICexgc 5.83%
OM 44.37%
PM (TTM) 22.31%
GM 69.69%
FCFM 13.52%
ROA(3y)3%
ROA(5y)2.26%
ROE(3y)12.89%
ROE(5y)9.2%
ROIC(3y)4.55%
ROIC(5y)4.69%
ROICexc(3y)4.65%
ROICexc(5y)4.76%
ROICexgc(3y)5.29%
ROICexgc(5y)5.43%
ROCE(3y)5.6%
ROCE(5y)5.9%
ROICexgc growth 3Y1.8%
ROICexgc growth 5Y-0.95%
ROICexc growth 3Y1.97%
ROICexc growth 5Y-0.45%
OM growth 3Y3.02%
OM growth 5Y-0.12%
PM growth 3Y73.39%
PM growth 5Y-8.23%
GM growth 3Y1.29%
GM growth 5Y-0.14%
F-Score7
Asset Turnover0.13
Health
Industry RankSector Rank
Debt/Equity 2.15
Debt/FCF 29.22
Debt/EBITDA 6.15
Cap/Depr 190.9%
Cap/Sales 34.69%
Interest Coverage 2.06
Cash Conversion 77.07%
Profit Quality 60.59%
Current Ratio 0.63
Quick Ratio 0.56
Altman-Z 0.35
F-Score7
WACC6.31%
ROIC/WACC0.8
Cap/Depr(3y)237.43%
Cap/Depr(5y)241.5%
Cap/Sales(3y)47.43%
Cap/Sales(5y)46.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.63%
EPS 3Y-6.45%
EPS 5Y-3.47%
EPS Q2Q%88.46%
EPS Next Y5.52%
EPS Next 2Y5.24%
EPS Next 3Y6.88%
EPS Next 5Y7.15%
Revenue 1Y (TTM)10.66%
Revenue growth 3Y0.58%
Revenue growth 5Y3.23%
Sales Q2Q%206.47%
Revenue Next Year6.33%
Revenue Next 2Y4.22%
Revenue Next 3Y4.58%
Revenue Next 5Y4.68%
EBIT growth 1Y16.87%
EBIT growth 3Y3.61%
EBIT growth 5Y3.1%
EBIT Next Year49.22%
EBIT Next 3Y17.43%
EBIT Next 5Y12.4%
FCF growth 1Y53.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.55%
OCF growth 3Y4.84%
OCF growth 5Y0.8%

TC ENERGY CORP - TRPCN 4.939 PERP / TRP-PR-A.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for TC ENERGY CORP - TRPCN 4.939 PERP?

ChartMill assigns a fundamental rating of 5 / 10 to TRP-PR-A.CA.


What is the valuation status for TRP-PR-A stock?

ChartMill assigns a valuation rating of 8 / 10 to TC ENERGY CORP - TRPCN 4.939 PERP (TRP-PR-A.CA). This can be considered as Undervalued.


How profitable is TC ENERGY CORP - TRPCN 4.939 PERP (TRP-PR-A.CA) stock?

TC ENERGY CORP - TRPCN 4.939 PERP (TRP-PR-A.CA) has a profitability rating of 7 / 10.


Can you provide the expected EPS growth for TRP-PR-A stock?

The Earnings per Share (EPS) of TC ENERGY CORP - TRPCN 4.939 PERP (TRP-PR-A.CA) is expected to grow by 5.52% in the next year.


Is the dividend of TC ENERGY CORP - TRPCN 4.939 PERP sustainable?

The dividend rating of TC ENERGY CORP - TRPCN 4.939 PERP (TRP-PR-A.CA) is 6 / 10 and the dividend payout ratio is 106.5%.