TC ENERGY CORP - TRPCN 4.102 PERP (TRP-PR-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TRP-PR-B - CA87807B4047
18.15 CAD
+0.14 (+0.78%)
We assign a fundamental rating of 5 out of 10 to TRP-PR-B. TRP-PR-B was compared to 201 industry peers in the Oil, Gas & Consumable Fuels industry. While TRP-PR-B belongs to the best of the industry regarding profitability, there are concerns on its financial health. TRP-PR-B is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TRP-PR-B was profitable.
TRP-PR-B had a positive operating cash flow in the past year.
In the past 5 years TRP-PR-B has always been profitable.
Each year in the past 5 years TRP-PR-B had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.82%, TRP-PR-B is doing good in the industry, outperforming 70.65% of the companies in the same industry.
Looking at the Return On Equity, with a value of 12.35%, TRP-PR-B belongs to the top of the industry, outperforming 88.06% of the companies in the same industry.
TRP-PR-B's Return On Invested Capital of 3.97% is fine compared to the rest of the industry. TRP-PR-B outperforms 60.70% of its industry peers.
TRP-PR-B had an Average Return On Invested Capital over the past 3 years of 4.35%. This is below the industry average of 6.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.82% | ||
| ROE | 12.35% | ||
| ROIC | 3.97% |
ROA(3y)2.24%
ROA(5y)2.58%
ROE(3y)9.37%
ROE(5y)9.55%
ROIC(3y)4.35%
ROIC(5y)4.58%
1.3 Margins
With an excellent Profit Margin value of 27.28%, TRP-PR-B belongs to the best of the industry, outperforming 93.03% of the companies in the same industry.
TRP-PR-B's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 44.41%, TRP-PR-B belongs to the top of the industry, outperforming 96.52% of the companies in the same industry.
In the last couple of years the Operating Margin of TRP-PR-B has remained more or less at the same level.
TRP-PR-B has a Gross Margin of 69.05%. This is amongst the best in the industry. TRP-PR-B outperforms 87.56% of its industry peers.
In the last couple of years the Gross Margin of TRP-PR-B has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.41% | ||
| PM (TTM) | 27.28% | ||
| GM | 69.05% |
OM growth 3Y-1.61%
OM growth 5Y-0.76%
PM growth 3Y35%
PM growth 5Y2.15%
GM growth 3Y-0.69%
GM growth 5Y-0.74%
2. Health
2.1 Basic Checks
TRP-PR-B has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for TRP-PR-B remains at a similar level compared to 1 year ago.
TRP-PR-B has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TRP-PR-B has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.26, we must say that TRP-PR-B is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.26, TRP-PR-B is doing worse than 62.19% of the companies in the same industry.
TRP-PR-B has a debt to FCF ratio of 31.45. This is a negative value and a sign of low solvency as TRP-PR-B would need 31.45 years to pay back of all of its debts.
The Debt to FCF ratio of TRP-PR-B (31.45) is better than 60.20% of its industry peers.
A Debt/Equity ratio of 2.13 is on the high side and indicates that TRP-PR-B has dependencies on debt financing.
With a Debt to Equity ratio value of 2.13, TRP-PR-B is not doing good in the industry: 73.13% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.13 | ||
| Debt/FCF | 31.45 | ||
| Altman-Z | 0.26 |
ROIC/WACC0.58
WACC6.85%
2.3 Liquidity
A Current Ratio of 0.63 indicates that TRP-PR-B may have some problems paying its short term obligations.
TRP-PR-B's Current ratio of 0.63 is in line compared to the rest of the industry. TRP-PR-B outperforms 40.30% of its industry peers.
A Quick Ratio of 0.56 indicates that TRP-PR-B may have some problems paying its short term obligations.
With a Quick ratio value of 0.56, TRP-PR-B perfoms like the industry average, outperforming 40.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
TRP-PR-B shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.89%.
TRP-PR-B shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.06% yearly.
The Revenue for TRP-PR-B has decreased by -25.33% in the past year. This is quite bad
TRP-PR-B shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.77% yearly.
EPS 1Y (TTM)-32.89%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-25.24%
Revenue 1Y (TTM)-25.33%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-9.28%
3.2 Future
Based on estimates for the next years, TRP-PR-B will show a small growth in Earnings Per Share. The EPS will grow by 3.82% on average per year.
The Revenue is expected to grow by 3.20% on average over the next years.
EPS Next Y-5.26%
EPS Next 2Y0.81%
EPS Next 3Y1.88%
EPS Next 5Y3.82%
Revenue Next Year-3.6%
Revenue Next 2Y1.19%
Revenue Next 3Y1.77%
Revenue Next 5Y3.2%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.93, the valuation of TRP-PR-B can be described as very cheap.
Based on the Price/Earnings ratio, TRP-PR-B is valued cheaper than 94.03% of the companies in the same industry.
TRP-PR-B's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.51.
A Price/Forward Earnings ratio of 4.79 indicates a rather cheap valuation of TRP-PR-B.
TRP-PR-B's Price/Forward Earnings ratio is rather cheap when compared to the industry. TRP-PR-B is cheaper than 95.52% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.13. TRP-PR-B is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.93 | ||
| Fwd PE | 4.79 |
4.2 Price Multiples
65.17% of the companies in the same industry are more expensive than TRP-PR-B, based on the Enterprise Value to EBITDA ratio.
TRP-PR-B's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TRP-PR-B is cheaper than 87.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.68 | ||
| EV/EBITDA | 9.18 |
4.3 Compensation for Growth
TRP-PR-B has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.81%
EPS Next 3Y1.88%
5. Dividend
5.1 Amount
TRP-PR-B has a Yearly Dividend Yield of 4.46%, which is a nice return.
TRP-PR-B's Dividend Yield is a higher than the industry average which is at 2.95.
TRP-PR-B's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
5.2 History
The dividend of TRP-PR-B is nicely growing with an annual growth rate of 13.09%!
TRP-PR-B has been paying a dividend for at least 10 years, so it has a reliable track record.
TRP-PR-B has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.09%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
110.00% of the earnings are spent on dividend by TRP-PR-B. This is not a sustainable payout ratio.
TRP-PR-B's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP110%
EPS Next 2Y0.81%
EPS Next 3Y1.88%
TC ENERGY CORP - TRPCN 4.102 PERP
TSX:TRP-PR-B (12/31/2025, 7:00:00 PM)
18.15
+0.14 (+0.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners78.19%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap18.89B
Revenue(TTM)12.43B
Net Income(TTM)3.39B
Analysts73.85
Price Target19.14 (5.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
Yearly Dividend3.9
Dividend Growth(5Y)13.09%
DP110%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.38%
Min EPS beat(2)-4.57%
Max EPS beat(2)3.8%
EPS beat(4)1
Avg EPS beat(4)-13.12%
Min EPS beat(4)-48.32%
Max EPS beat(4)3.8%
EPS beat(8)5
Avg EPS beat(8)-1.97%
EPS beat(12)7
Avg EPS beat(12)-0.86%
EPS beat(16)9
Avg EPS beat(16)-0.26%
Revenue beat(2)1
Avg Revenue beat(2)1.8%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)4.32%
Revenue beat(4)2
Avg Revenue beat(4)-13.83%
Min Revenue beat(4)-63.24%
Max Revenue beat(4)4.32%
Revenue beat(8)4
Avg Revenue beat(8)-5.97%
Revenue beat(12)7
Avg Revenue beat(12)-3.33%
Revenue beat(16)9
Avg Revenue beat(16)-2.19%
PT rev (1m)6.83%
PT rev (3m)9.4%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.43%
EPS NY rev (1m)-1.7%
EPS NY rev (3m)-2.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.93 | ||
| Fwd PE | 4.79 | ||
| P/S | 1.52 | ||
| P/FCF | 9.68 | ||
| P/OCF | 2.51 | ||
| P/B | 0.69 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 9.18 |
EPS(TTM)3.06
EY16.86%
EPS(NY)3.79
Fwd EY20.89%
FCF(TTM)1.87
FCFY10.33%
OCF(TTM)7.24
OCFY39.89%
SpS11.94
BVpS26.38
TBVpS13.68
PEG (NY)N/A
PEG (5Y)N/A
Graham Number42.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.82% | ||
| ROE | 12.35% | ||
| ROCE | 5.11% | ||
| ROIC | 3.97% | ||
| ROICexc | 4.05% | ||
| ROICexgc | 4.62% | ||
| OM | 44.41% | ||
| PM (TTM) | 27.28% | ||
| GM | 69.05% | ||
| FCFM | 15.69% |
ROA(3y)2.24%
ROA(5y)2.58%
ROE(3y)9.37%
ROE(5y)9.55%
ROIC(3y)4.35%
ROIC(5y)4.58%
ROICexc(3y)4.42%
ROICexc(5y)4.65%
ROICexgc(3y)5.04%
ROICexgc(5y)5.34%
ROCE(3y)5.6%
ROCE(5y)5.97%
ROICexgc growth 3Y-4.34%
ROICexgc growth 5Y-4.28%
ROICexc growth 3Y-4.22%
ROICexc growth 5Y-3.48%
OM growth 3Y-1.61%
OM growth 5Y-0.76%
PM growth 3Y35%
PM growth 5Y2.15%
GM growth 3Y-0.69%
GM growth 5Y-0.74%
F-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.13 | ||
| Debt/FCF | 31.45 | ||
| Debt/EBITDA | 7.13 | ||
| Cap/Depr | 207.7% | ||
| Cap/Sales | 44.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.8% | ||
| Profit Quality | 57.53% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 0.26 |
F-Score5
WACC6.85%
ROIC/WACC0.58
Cap/Depr(3y)260.57%
Cap/Depr(5y)266.14%
Cap/Sales(3y)50.84%
Cap/Sales(5y)51.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-32.89%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-25.24%
EPS Next Y-5.26%
EPS Next 2Y0.81%
EPS Next 3Y1.88%
EPS Next 5Y3.82%
Revenue 1Y (TTM)-25.33%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-9.28%
Revenue Next Year-3.6%
Revenue Next 2Y1.19%
Revenue Next 3Y1.77%
Revenue Next 5Y3.2%
EBIT growth 1Y-20.42%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year29.76%
EBIT Next 3Y13.14%
EBIT Next 5Y9.78%
FCF growth 1Y359.1%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y1.39%
OCF growth 3Y3.76%
OCF growth 5Y1.68%
TC ENERGY CORP - TRPCN 4.102 PERP / TRP-PR-B.CA FAQ
What is the fundamental rating for TRP-PR-B stock?
ChartMill assigns a fundamental rating of 5 / 10 to TRP-PR-B.CA.
Can you provide the valuation status for TC ENERGY CORP - TRPCN 4.102 PERP?
ChartMill assigns a valuation rating of 8 / 10 to TC ENERGY CORP - TRPCN 4.102 PERP (TRP-PR-B.CA). This can be considered as Undervalued.
What is the profitability of TRP-PR-B stock?
TC ENERGY CORP - TRPCN 4.102 PERP (TRP-PR-B.CA) has a profitability rating of 7 / 10.
What is the valuation of TC ENERGY CORP - TRPCN 4.102 PERP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TC ENERGY CORP - TRPCN 4.102 PERP (TRP-PR-B.CA) is 5.93 and the Price/Book (PB) ratio is 0.69.
Can you provide the expected EPS growth for TRP-PR-B stock?
The Earnings per Share (EPS) of TC ENERGY CORP - TRPCN 4.102 PERP (TRP-PR-B.CA) is expected to decline by -5.26% in the next year.