TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) Stock Fundamental Analysis
TSX:TRP-PR-D - CA87807B8006
23.36 CAD
-0.09 (-0.38%)
Overall TRP-PR-D gets a fundamental rating of 4 out of 10. We evaluated TRP-PR-D against 215 industry peers in the Oil, Gas & Consumable Fuels industry. While TRP-PR-D has a great profitability rating, there are quite some concerns on its financial health. TRP-PR-D is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year TRP-PR-D was profitable.
TRP-PR-D had a positive operating cash flow in the past year.
TRP-PR-D had positive earnings in each of the past 5 years.
TRP-PR-D had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TRP-PR-D (3.63%) is better than 70.70% of its industry peers.
With an excellent Return On Equity value of 15.40%, TRP-PR-D belongs to the best of the industry, outperforming 86.51% of the companies in the same industry.
The Return On Invested Capital of TRP-PR-D (4.10%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for TRP-PR-D is below the industry average of 6.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 15.4% | ||
| ROIC | 4.1% |
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
TRP-PR-D's Profit Margin of 33.09% is amongst the best of the industry. TRP-PR-D outperforms 90.23% of its industry peers.
TRP-PR-D's Profit Margin has improved in the last couple of years.
TRP-PR-D has a better Operating Margin (43.28%) than 92.56% of its industry peers.
In the last couple of years the Operating Margin of TRP-PR-D has remained more or less at the same level.
The Gross Margin of TRP-PR-D (68.45%) is better than 82.33% of its industry peers.
In the last couple of years the Gross Margin of TRP-PR-D has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.28% | ||
| PM (TTM) | 33.09% | ||
| GM | 68.45% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TRP-PR-D is destroying value.
TRP-PR-D has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, TRP-PR-D has more shares outstanding
Compared to 1 year ago, TRP-PR-D has an improved debt to assets ratio.
2.2 Solvency
TRP-PR-D has an Altman-Z score of 0.31. This is a bad value and indicates that TRP-PR-D is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.31, TRP-PR-D is not doing good in the industry: 60.93% of the companies in the same industry are doing better.
The Debt to FCF ratio of TRP-PR-D is 40.34, which is on the high side as it means it would take TRP-PR-D, 40.34 years of fcf income to pay off all of its debts.
TRP-PR-D has a Debt to FCF ratio (40.34) which is in line with its industry peers.
A Debt/Equity ratio of 2.05 is on the high side and indicates that TRP-PR-D has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.05, TRP-PR-D is doing worse than 78.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 40.34 | ||
| Altman-Z | 0.31 |
ROIC/WACC0.55
WACC7.43%
2.3 Liquidity
TRP-PR-D has a Current Ratio of 0.61. This is a bad value and indicates that TRP-PR-D is not financially healthy enough and could expect problems in meeting its short term obligations.
TRP-PR-D has a Current ratio of 0.61. This is in the lower half of the industry: TRP-PR-D underperforms 71.16% of its industry peers.
A Quick Ratio of 0.54 indicates that TRP-PR-D may have some problems paying its short term obligations.
TRP-PR-D has a Quick ratio of 0.54. This is in the lower half of the industry: TRP-PR-D underperforms 71.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The earnings per share for TRP-PR-D have decreased strongly by -26.71% in the last year.
Measured over the past years, TRP-PR-D shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.06% on average per year.
TRP-PR-D shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.38%.
Measured over the past years, TRP-PR-D shows a small growth in Revenue. The Revenue has been growing by 0.77% on average per year.
EPS 1Y (TTM)-26.71%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-12.77%
Revenue 1Y (TTM)-22.38%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-8.35%
3.2 Future
TRP-PR-D is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.62% yearly.
TRP-PR-D is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.34% yearly.
EPS Next Y-2.12%
EPS Next 2Y2.01%
EPS Next 3Y2.07%
EPS Next 5Y3.62%
Revenue Next Year-3.35%
Revenue Next 2Y0.88%
Revenue Next 3Y1.3%
Revenue Next 5Y3.34%
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
TRP-PR-D is valuated cheaply with a Price/Earnings ratio of 7.04.
Based on the Price/Earnings ratio, TRP-PR-D is valued cheaper than 84.65% of the companies in the same industry.
TRP-PR-D is valuated cheaply when we compare the Price/Earnings ratio to 26.90, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.02, the valuation of TRP-PR-D can be described as very cheap.
Based on the Price/Forward Earnings ratio, TRP-PR-D is valued cheaply inside the industry as 88.37% of the companies are valued more expensively.
TRP-PR-D is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 6.02 |
4.2 Price Multiples
TRP-PR-D's Enterprise Value to EBITDA ratio is in line with the industry average.
TRP-PR-D's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TRP-PR-D is cheaper than 66.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.49 | ||
| EV/EBITDA | 9.61 |
4.3 Compensation for Growth
The decent profitability rating of TRP-PR-D may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.01%
EPS Next 3Y2.07%
5. Dividend
5.1 Amount
TRP-PR-D has a Yearly Dividend Yield of 4.79%, which is a nice return.
Compared to an average industry Dividend Yield of 6.00, TRP-PR-D pays a bit more dividend than its industry peers.
TRP-PR-D's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
5.2 History
On average, the dividend of TRP-PR-D grows each year by 13.09%, which is quite nice.
TRP-PR-D has been paying a dividend for at least 10 years, so it has a reliable track record.
TRP-PR-D has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.09%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
90.54% of the earnings are spent on dividend by TRP-PR-D. This is not a sustainable payout ratio.
TRP-PR-D's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP90.54%
EPS Next 2Y2.01%
EPS Next 3Y2.07%
TC ENERGY CORP - TRPCN 5.985 PERP
TSX:TRP-PR-D (9/2/2025, 7:00:00 PM)
23.36
-0.09 (-0.38%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners78.66%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap24.29B
Analysts73.33
Price Target24.3 (4.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
Yearly Dividend3.9
Dividend Growth(5Y)13.09%
DP90.54%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.21%
Min EPS beat(2)-3.38%
Max EPS beat(2)3.8%
EPS beat(4)2
Avg EPS beat(4)-10.14%
Min EPS beat(4)-48.32%
Max EPS beat(4)7.33%
EPS beat(8)6
Avg EPS beat(8)-1.14%
EPS beat(12)8
Avg EPS beat(12)0.09%
EPS beat(16)9
Avg EPS beat(16)-0.04%
Revenue beat(2)2
Avg Revenue beat(2)4.32%
Min Revenue beat(2)4.32%
Max Revenue beat(2)4.32%
Revenue beat(4)3
Avg Revenue beat(4)-13.17%
Min Revenue beat(4)-63.24%
Max Revenue beat(4)4.32%
Revenue beat(8)5
Avg Revenue beat(8)-5.73%
Revenue beat(12)8
Avg Revenue beat(12)-2.75%
Revenue beat(16)9
Avg Revenue beat(16)-2.61%
PT rev (1m)-6.18%
PT rev (3m)10.82%
EPS NQ rev (1m)0.66%
EPS NQ rev (3m)-10.2%
EPS NY rev (1m)-4.12%
EPS NY rev (3m)-4.12%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)2.2%
Revenue NY rev (1m)1.31%
Revenue NY rev (3m)4.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 6.02 | ||
| P/S | 1.9 | ||
| P/FCF | 16.49 | ||
| P/OCF | 3.21 | ||
| P/B | 0.88 | ||
| P/tB | 1.66 | ||
| EV/EBITDA | 9.61 |
EPS(TTM)3.32
EY14.21%
EPS(NY)3.88
Fwd EY16.62%
FCF(TTM)1.42
FCFY6.06%
OCF(TTM)7.27
OCFY31.14%
SpS12.32
BVpS26.46
TBVpS14.03
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 15.4% | ||
| ROCE | 5.28% | ||
| ROIC | 4.1% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 4.74% | ||
| OM | 43.28% | ||
| PM (TTM) | 33.09% | ||
| GM | 68.45% | ||
| FCFM | 11.5% |
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%
ROICexcg growth 3Y-4.34%
ROICexcg 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 Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 40.34 | ||
| Debt/EBITDA | 6.83 | ||
| Cap/Depr | 225.55% | ||
| Cap/Sales | 47.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.75% | ||
| Profit Quality | 34.75% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.31 |
F-Score5
WACC7.43%
ROIC/WACC0.55
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)-26.71%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-12.77%
EPS Next Y-2.12%
EPS Next 2Y2.01%
EPS Next 3Y2.07%
EPS Next 5Y3.62%
Revenue 1Y (TTM)-22.38%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-8.35%
Revenue Next Year-3.35%
Revenue Next 2Y0.88%
Revenue Next 3Y1.3%
Revenue Next 5Y3.34%
EBIT growth 1Y-19.79%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year30.13%
EBIT Next 3Y12.83%
EBIT Next 5Y9.68%
FCF growth 1Y325.57%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y3.49%
OCF growth 3Y3.76%
OCF growth 5Y1.68%