TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) Stock Fundamental Analysis
Canada - TSX:TRP-PR-D - CA87807B8006
23.29 CAD
-0.11 (-0.47%)
Taking everything into account, TRP-PR-D scores 4 out of 10 in our fundamental rating. TRP-PR-D was compared to 216 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.
In the past 5 years TRP-PR-D has always been profitable.
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 70.83% of its industry peers.
TRP-PR-D's Return On Equity of 15.40% is amongst the best of the industry. TRP-PR-D outperforms 86.11% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.10%, TRP-PR-D is in line with its industry, outperforming 56.48% 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 6.93%.
| 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
The Profit Margin of TRP-PR-D (33.09%) is better than 90.28% of its industry peers.
TRP-PR-D's Profit Margin has improved in the last couple of years.
The Operating Margin of TRP-PR-D (43.28%) is better than 92.13% 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.
TRP-PR-D's Gross Margin of 68.45% is amongst the best of the industry. TRP-PR-D outperforms 82.41% 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
TRP-PR-D 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-D remains at a similar level compared to 1 year ago.
TRP-PR-D has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TRP-PR-D has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.31, 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 0.31, TRP-PR-D is doing worse than 61.11% of the companies in the same industry.
TRP-PR-D has a debt to FCF ratio of 40.34. This is a negative value and a sign of low solvency as TRP-PR-D would need 40.34 years to pay back of all of its debts.
TRP-PR-D's Debt to FCF ratio of 40.34 is in line compared to the rest of the industry. TRP-PR-D outperforms 55.56% of 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 79.17% 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.
Looking at the Current ratio, with a value of 0.61, TRP-PR-D is doing worse than 71.76% of the companies in the same industry.
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 worse Quick ratio (0.54) than 71.30% 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.
The Earnings Per Share has been decreasing by -2.06% on average over the past years.
Looking at the last year, TRP-PR-D shows a very negative growth in Revenue. The Revenue has decreased by -22.38% in the last year.
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 3.54% yearly.
Based on estimates for the next years, TRP-PR-D will show a small growth in Revenue. The Revenue will grow by 3.26% on average per year.
EPS Next Y-2.12%
EPS Next 2Y2.01%
EPS Next 3Y2.07%
EPS Next 5Y3.54%
Revenue Next Year-3.35%
Revenue Next 2Y0.86%
Revenue Next 3Y1.3%
Revenue Next 5Y3.26%
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
A Price/Earnings ratio of 7.02 indicates a rather cheap valuation of TRP-PR-D.
TRP-PR-D's Price/Earnings ratio is rather cheap when compared to the industry. TRP-PR-D is cheaper than 85.19% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.20. TRP-PR-D is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 6.00, which indicates a rather cheap valuation of TRP-PR-D.
Based on the Price/Forward Earnings ratio, TRP-PR-D is valued cheaper than 88.43% of the companies in the same industry.
TRP-PR-D's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.71.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 6 |
4.2 Price Multiples
TRP-PR-D's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TRP-PR-D indicates a somewhat cheap valuation: TRP-PR-D is cheaper than 64.81% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.44 | ||
| EV/EBITDA | 9.59 |
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 6.43%, which is a nice return.
TRP-PR-D's Dividend Yield is a higher than the industry average which is at 5.90.
Compared to an average S&P500 Dividend Yield of 2.38, TRP-PR-D pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
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 paid a dividend for at least 10 years, which is 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 (9/16/2025, 7:00:00 PM)
23.29
-0.11 (-0.47%)
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 Cap24.22B
Analysts73.08
Price Target24.08 (3.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
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)-9.19%
PT rev (3m)2.05%
EPS NQ rev (1m)-1.76%
EPS NQ rev (3m)-10.2%
EPS NY rev (1m)-4.12%
EPS NY rev (3m)-4.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.2%
Revenue NY rev (1m)1.31%
Revenue NY rev (3m)4.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 6 | ||
| P/S | 1.89 | ||
| P/FCF | 16.44 | ||
| P/OCF | 3.2 | ||
| P/B | 0.88 | ||
| P/tB | 1.66 | ||
| EV/EBITDA | 9.59 |
EPS(TTM)3.32
EY14.26%
EPS(NY)3.88
Fwd EY16.67%
FCF(TTM)1.42
FCFY6.08%
OCF(TTM)7.27
OCFY31.23%
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 5Y3.54%
Revenue 1Y (TTM)-22.38%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-8.35%
Revenue Next Year-3.35%
Revenue Next 2Y0.86%
Revenue Next 3Y1.3%
Revenue Next 5Y3.26%
EBIT growth 1Y-19.79%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year30.13%
EBIT Next 3Y12.83%
EBIT Next 5Y9.6%
FCF growth 1Y325.57%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y3.49%
OCF growth 3Y3.76%
OCF growth 5Y1.68%