TC ENERGY CORP - TRPCN 1.949 PERP (TRP-PR-C.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TRP-PR-C - CA87807B6026
18.55 CAD
+0.09 (+0.49%)
We assign a fundamental rating of 5 out of 10 to TRP-PR-C. TRP-PR-C was compared to 215 industry peers in the Oil, Gas & Consumable Fuels industry. While TRP-PR-C has a great profitability rating, there are quite some concerns on its financial health. TRP-PR-C is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TRP-PR-C had positive earnings in the past year.
TRP-PR-C had a positive operating cash flow in the past year.
In the past 5 years TRP-PR-C has always been profitable.
Each year in the past 5 years TRP-PR-C had a positive operating cash flow.
1.2 Ratios
TRP-PR-C's Return On Assets of 2.82% is fine compared to the rest of the industry. TRP-PR-C outperforms 71.16% of its industry peers.
With an excellent Return On Equity value of 12.35%, TRP-PR-C belongs to the best of the industry, outperforming 88.37% of the companies in the same industry.
TRP-PR-C's Return On Invested Capital of 3.97% is in line compared to the rest of the industry. TRP-PR-C outperforms 60.00% of its industry peers.
TRP-PR-C had an Average Return On Invested Capital over the past 3 years of 4.35%. This is below the industry average of 6.53%.
| 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-C belongs to the best of the industry, outperforming 92.09% of the companies in the same industry.
TRP-PR-C's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 44.41%, TRP-PR-C belongs to the best of the industry, outperforming 95.81% of the companies in the same industry.
In the last couple of years the Operating Margin of TRP-PR-C has remained more or less at the same level.
With an excellent Gross Margin value of 69.05%, TRP-PR-C belongs to the best of the industry, outperforming 86.98% of the companies in the same industry.
In the last couple of years the Gross Margin of TRP-PR-C 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-C has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TRP-PR-C has about the same amount of shares outstanding.
Compared to 5 years ago, TRP-PR-C has more shares outstanding
TRP-PR-C has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.26, we must say that TRP-PR-C is in the distress zone and has some risk of bankruptcy.
TRP-PR-C has a Altman-Z score of 0.26. This is in the lower half of the industry: TRP-PR-C underperforms 63.72% of its industry peers.
TRP-PR-C has a debt to FCF ratio of 31.45. This is a negative value and a sign of low solvency as TRP-PR-C would need 31.45 years to pay back of all of its debts.
TRP-PR-C has a Debt to FCF ratio (31.45) which is in line with its industry peers.
TRP-PR-C has a Debt/Equity ratio of 2.13. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.13, TRP-PR-C is not doing good in the industry: 75.81% 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
WACC6.88%
2.3 Liquidity
TRP-PR-C has a Current Ratio of 0.63. This is a bad value and indicates that TRP-PR-C is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.63, TRP-PR-C is not doing good in the industry: 60.93% of the companies in the same industry are doing better.
TRP-PR-C has a Quick Ratio of 0.63. This is a bad value and indicates that TRP-PR-C is not financially healthy enough and could expect problems in meeting its short term obligations.
TRP-PR-C has a Quick ratio of 0.56. This is in the lower half of the industry: TRP-PR-C underperforms 60.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The earnings per share for TRP-PR-C have decreased strongly by -32.89% in the last year.
Measured over the past years, TRP-PR-C shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.06% on average per year.
The Revenue for TRP-PR-C has decreased by -25.33% in the past year. This is quite bad
The Revenue has been growing slightly by 0.77% on average over the past years.
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-C 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-3.62%
EPS Next 2Y1.35%
EPS Next 3Y1.21%
EPS Next 5Y3.82%
Revenue Next Year-3.3%
Revenue Next 2Y1.07%
Revenue Next 3Y1.53%
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.
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.
4. Valuation
4.1 Price/Earnings Ratio
TRP-PR-C is valuated cheaply with a Price/Earnings ratio of 6.06.
Based on the Price/Earnings ratio, TRP-PR-C is valued cheaper than 94.88% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.41. TRP-PR-C is valued rather cheaply when compared to this.
TRP-PR-C is valuated cheaply with a Price/Forward Earnings ratio of 4.84.
93.95% of the companies in the same industry are more expensive than TRP-PR-C, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of TRP-PR-C to the average of the S&P500 Index (35.40), we can say TRP-PR-C is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.06 | ||
| Fwd PE | 4.84 |
4.2 Price Multiples
TRP-PR-C's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TRP-PR-C is cheaper than 60.93% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TRP-PR-C is valued cheaply inside the industry as 85.58% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.9 | ||
| EV/EBITDA | 9.23 |
4.3 Compensation for Growth
The decent profitability rating of TRP-PR-C may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.35%
EPS Next 3Y1.21%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.48%, TRP-PR-C is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.88, TRP-PR-C pays a bit more dividend than its industry peers.
TRP-PR-C's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
5.2 History
On average, the dividend of TRP-PR-C grows each year by 13.09%, which is quite nice.
TRP-PR-C has been paying a dividend for at least 10 years, so it has a reliable track record.
TRP-PR-C 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-C. This is not a sustainable payout ratio.
The dividend of TRP-PR-C is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP110%
EPS Next 2Y1.35%
EPS Next 3Y1.21%
TC ENERGY CORP - TRPCN 1.949 PERP
TSX:TRP-PR-C (12/4/2025, 7:00:00 PM)
18.55
+0.09 (+0.49%)
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 Cap19.31B
Revenue(TTM)12.43B
Net Income(TTM)3.39B
Analysts72.31
Price Target18.08 (-2.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
Yearly Dividend3.9
Dividend Growth(5Y)13.09%
DP110%
Div Incr Years0
Div Non Decr Years3
Ex-Date
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)3.54%
PT rev (3m)-10.48%
EPS NQ rev (1m)-1.8%
EPS NQ rev (3m)-3.43%
EPS NY rev (1m)-1.17%
EPS NY rev (3m)-1.53%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.06 | ||
| Fwd PE | 4.84 | ||
| P/S | 1.55 | ||
| P/FCF | 9.9 | ||
| P/OCF | 2.56 | ||
| P/B | 0.7 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 9.23 |
EPS(TTM)3.06
EY16.5%
EPS(NY)3.83
Fwd EY20.66%
FCF(TTM)1.87
FCFY10.1%
OCF(TTM)7.24
OCFY39.03%
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
WACC6.88%
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-3.62%
EPS Next 2Y1.35%
EPS Next 3Y1.21%
EPS Next 5Y3.82%
Revenue 1Y (TTM)-25.33%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-9.28%
Revenue Next Year-3.3%
Revenue Next 2Y1.07%
Revenue Next 3Y1.53%
Revenue Next 5Y3.2%
EBIT growth 1Y-20.42%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year30.1%
EBIT Next 3Y12.65%
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 1.949 PERP / TRP-PR-C.CA FAQ
What is the ChartMill fundamental rating of TC ENERGY CORP - TRPCN 1.949 PERP (TRP-PR-C.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TRP-PR-C.CA.
What is the valuation status for TRP-PR-C stock?
ChartMill assigns a valuation rating of 8 / 10 to TC ENERGY CORP - TRPCN 1.949 PERP (TRP-PR-C.CA). This can be considered as Undervalued.
How profitable is TC ENERGY CORP - TRPCN 1.949 PERP (TRP-PR-C.CA) stock?
TC ENERGY CORP - TRPCN 1.949 PERP (TRP-PR-C.CA) has a profitability rating of 7 / 10.
What is the valuation of TC ENERGY CORP - TRPCN 1.949 PERP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TC ENERGY CORP - TRPCN 1.949 PERP (TRP-PR-C.CA) is 6.06 and the Price/Book (PB) ratio is 0.7.
Can you provide the dividend sustainability for TRP-PR-C stock?
The dividend rating of TC ENERGY CORP - TRPCN 1.949 PERP (TRP-PR-C.CA) is 6 / 10 and the dividend payout ratio is 110%.