TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TRP-PR-D - CA87807B8006
24.3 CAD
-0.14 (-0.57%)
Overall TRP-PR-D gets a fundamental rating of 4 out of 10. We evaluated TRP-PR-D against 218 industry peers in the Oil, Gas & Consumable Fuels industry. While TRP-PR-D belongs to the best of the industry regarding profitability, there are concerns on its financial health. TRP-PR-D has a bad growth rate and is valued cheaply.
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.
In the past 5 years TRP-PR-D has always been profitable.
In the past 5 years TRP-PR-D always reported a positive cash flow from operatings.
1.2 Ratios
TRP-PR-D has a better Return On Assets (2.82%) than 67.89% of its industry peers.
TRP-PR-D has a better Return On Equity (12.35%) than 84.86% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.97%, TRP-PR-D is in line with its industry, outperforming 56.88% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TRP-PR-D 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
TRP-PR-D has a Profit Margin of 27.28%. This is amongst the best in the industry. TRP-PR-D outperforms 88.99% 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 (44.41%) than 93.12% of its industry peers.
TRP-PR-D's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 69.05%, TRP-PR-D belongs to the top of the industry, outperforming 83.94% of the companies in the same industry.
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 | 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TRP-PR-D is destroying value.
The number of shares outstanding for TRP-PR-D remains at a similar level compared to 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
Based on the Altman-Z score of 0.30, we must say that TRP-PR-D is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.30, TRP-PR-D is doing worse than 61.01% of the companies in the same industry.
TRP-PR-D has a debt to FCF ratio of 31.45. This is a negative value and a sign of low solvency as TRP-PR-D would need 31.45 years to pay back of all of its debts.
TRP-PR-D has a Debt to FCF ratio (31.45) which is comparable to the rest of the industry.
A Debt/Equity ratio of 2.13 is on the high side and indicates that TRP-PR-D has dependencies on debt financing.
The Debt to Equity ratio of TRP-PR-D (2.13) is worse than 78.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.13 | ||
| Debt/FCF | 31.45 | ||
| Altman-Z | 0.3 |
ROIC/WACC0.54
WACC7.42%
2.3 Liquidity
TRP-PR-D has a Current Ratio of 0.63. 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's Current ratio of 0.63 is on the low side compared to the rest of the industry. TRP-PR-D is outperformed by 64.22% of its industry peers.
TRP-PR-D has a Quick Ratio of 0.63. 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.
Looking at the Quick ratio, with a value of 0.56, TRP-PR-D is doing worse than 63.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The earnings per share for TRP-PR-D have decreased strongly by -32.89% 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.
Looking at the last year, TRP-PR-D shows a very negative growth in Revenue. The Revenue has decreased by -25.33% in the last year.
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-D will show a small growth in Earnings Per Share. The EPS will grow by 3.82% on average per year.
TRP-PR-D is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.20% yearly.
EPS Next Y-4.97%
EPS Next 2Y0.59%
EPS Next 3Y1.73%
EPS Next 5Y3.82%
Revenue Next Year-3.46%
Revenue Next 2Y1.29%
Revenue Next 3Y1.74%
Revenue Next 5Y3.2%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 7.94.
Based on the Price/Earnings ratio, TRP-PR-D is valued cheaper than 83.03% of the companies in the same industry.
TRP-PR-D is valuated cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.44, the valuation of TRP-PR-D can be described as very cheap.
Based on the Price/Forward Earnings ratio, TRP-PR-D is valued cheaper than 88.99% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.69. TRP-PR-D is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.94 | ||
| Fwd PE | 6.44 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRP-PR-D is on the same level as its industry peers.
72.94% of the companies in the same industry are more expensive than TRP-PR-D, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.97 | ||
| EV/EBITDA | 9.96 |
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 2Y0.59%
EPS Next 3Y1.73%
5. Dividend
5.1 Amount
TRP-PR-D has a Yearly Dividend Yield of 4.45%, which is a nice return.
TRP-PR-D's Dividend Yield is a higher than the industry average which is at 6.83.
Compared to an average S&P500 Dividend Yield of 2.31, TRP-PR-D pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.45% |
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
110.00% of the earnings are spent on dividend by TRP-PR-D. This is not a sustainable payout ratio.
The dividend of TRP-PR-D is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP110%
EPS Next 2Y0.59%
EPS Next 3Y1.73%
TC ENERGY CORP - TRPCN 5.985 PERP
TSX:TRP-PR-D (12/5/2025, 7:00:00 PM)
24.3
-0.14 (-0.57%)
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 Cap25.30B
Revenue(TTM)12.43B
Net Income(TTM)3.39B
Analysts73.85
Price Target25.17 (3.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.45% |
Yearly Dividend3.9
Dividend Growth(5Y)13.09%
DP110%
Div Incr Years1
Div Non Decr Years4
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)-1.53%
PT rev (3m)2.95%
EPS NQ rev (1m)-1.63%
EPS NQ rev (3m)-3.43%
EPS NY rev (1m)-1.4%
EPS NY rev (3m)-2.91%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.94 | ||
| Fwd PE | 6.44 | ||
| P/S | 2.03 | ||
| P/FCF | 12.97 | ||
| P/OCF | 3.36 | ||
| P/B | 0.92 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 9.96 |
EPS(TTM)3.06
EY12.59%
EPS(NY)3.77
Fwd EY15.53%
FCF(TTM)1.87
FCFY7.71%
OCF(TTM)7.24
OCFY29.79%
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 | 0.3 |
F-Score5
WACC7.42%
ROIC/WACC0.54
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-4.97%
EPS Next 2Y0.59%
EPS Next 3Y1.73%
EPS Next 5Y3.82%
Revenue 1Y (TTM)-25.33%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-9.28%
Revenue Next Year-3.46%
Revenue Next 2Y1.29%
Revenue Next 3Y1.74%
Revenue Next 5Y3.2%
EBIT growth 1Y-20.42%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year29.85%
EBIT Next 3Y13.03%
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 5.985 PERP / TRP-PR-D.CA FAQ
What is the ChartMill fundamental rating of TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to TRP-PR-D.CA.
Can you provide the valuation status for TC ENERGY CORP - TRPCN 5.985 PERP?
ChartMill assigns a valuation rating of 7 / 10 to TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA). This can be considered as Undervalued.
Can you provide the profitability details for TC ENERGY CORP - TRPCN 5.985 PERP?
TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) has a profitability rating of 7 / 10.
What is the expected EPS growth for TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) stock?
The Earnings per Share (EPS) of TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) is expected to decline by -4.97% in the next year.
How sustainable is the dividend of TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) stock?
The dividend rating of TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) is 6 / 10 and the dividend payout ratio is 110%.