TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) Fundamental Analysis & Valuation

TSX:TRP-PR-D • CA87807B8006

Current stock price

24.64 CAD
+0.06 (+0.24%)
Last:

This TRP-PR-D.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. TRP-PR-D.CA Profitability Analysis

1.1 Basic Checks

  • In the past year TRP-PR-D was profitable.
  • In the past year TRP-PR-D had a positive cash flow from operations.
  • 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.
TRP-PR-D.CA Yearly Net Income VS EBIT VS OCF VS FCFTRP-PR-D.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B

1.2 Ratios

  • With a Return On Assets value of 2.86%, TRP-PR-D perfoms like the industry average, outperforming 59.33% of the companies in the same industry.
  • TRP-PR-D has a better Return On Equity (12.46%) than 85.17% of its industry peers.
  • TRP-PR-D has a better Return On Invested Capital (5.03%) than 72.73% of its industry peers.
  • TRP-PR-D had an Average Return On Invested Capital over the past 3 years of 4.55%. This is below the industry average of 6.63%.
  • The last Return On Invested Capital (5.03%) for TRP-PR-D is above the 3 year average (4.55%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.86%
ROE 12.46%
ROIC 5.03%
ROA(3y)3%
ROA(5y)2.26%
ROE(3y)12.89%
ROE(5y)9.2%
ROIC(3y)4.55%
ROIC(5y)4.69%
TRP-PR-D.CA Yearly ROA, ROE, ROICTRP-PR-D.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • TRP-PR-D has a Profit Margin of 22.31%. This is amongst the best in the industry. TRP-PR-D outperforms 88.52% of its industry peers.
  • In the last couple of years the Profit Margin of TRP-PR-D has declined.
  • The Operating Margin of TRP-PR-D (44.37%) is better than 93.78% 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 69.69% is amongst the best of the industry. TRP-PR-D outperforms 86.12% 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 RankSector Rank
OM 44.37%
PM (TTM) 22.31%
GM 69.69%
OM growth 3Y3.02%
OM growth 5Y-0.12%
PM growth 3Y73.39%
PM growth 5Y-8.23%
GM growth 3Y1.29%
GM growth 5Y-0.14%
TRP-PR-D.CA Yearly Profit, Operating, Gross MarginsTRP-PR-D.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. TRP-PR-D.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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 a worse debt to assets ratio.
TRP-PR-D.CA Yearly Shares OutstandingTRP-PR-D.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
TRP-PR-D.CA Yearly Total Debt VS Total AssetsTRP-PR-D.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.2 Solvency

  • TRP-PR-D has an Altman-Z score of 0.38. 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 0.38, TRP-PR-D perfoms like the industry average, outperforming 40.67% of the companies in the same industry.
  • TRP-PR-D has a debt to FCF ratio of 29.22. This is a negative value and a sign of low solvency as TRP-PR-D would need 29.22 years to pay back of all of its debts.
  • TRP-PR-D has a better Debt to FCF ratio (29.22) than 67.46% of its industry peers.
  • A Debt/Equity ratio of 2.15 is on the high side and indicates that TRP-PR-D has dependencies on debt financing.
  • TRP-PR-D has a worse Debt to Equity ratio (2.15) than 75.12% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.15
Debt/FCF 29.22
Altman-Z 0.38
ROIC/WACC0.8
WACC6.32%
TRP-PR-D.CA Yearly LT Debt VS Equity VS FCFTRP-PR-D.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B

2.3 Liquidity

  • A Current Ratio of 0.63 indicates that TRP-PR-D may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.63, TRP-PR-D is in line with its industry, outperforming 46.89% of the companies in the same industry.
  • 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.
  • TRP-PR-D has a Quick ratio (0.56) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.56
TRP-PR-D.CA Yearly Current Assets VS Current LiabilitesTRP-PR-D.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. TRP-PR-D.CA Growth Analysis

3.1 Past

  • TRP-PR-D shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.63%.
  • TRP-PR-D shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.47% yearly.
  • Looking at the last year, TRP-PR-D shows a quite strong growth in Revenue. The Revenue has grown by 10.66% in the last year.
  • Measured over the past years, TRP-PR-D shows a small growth in Revenue. The Revenue has been growing by 3.23% on average per year.
EPS 1Y (TTM)-5.63%
EPS 3Y-6.45%
EPS 5Y-3.47%
EPS Q2Q%88.46%
Revenue 1Y (TTM)10.66%
Revenue growth 3Y0.58%
Revenue growth 5Y3.23%
Sales Q2Q%206.47%

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 7.15% 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 4.68% yearly.
EPS Next Y5.52%
EPS Next 2Y5.24%
EPS Next 3Y6.88%
EPS Next 5Y7.15%
Revenue Next Year6.33%
Revenue Next 2Y4.22%
Revenue Next 3Y4.58%
Revenue Next 5Y4.68%

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.
TRP-PR-D.CA Yearly Revenue VS EstimatesTRP-PR-D.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B
TRP-PR-D.CA Yearly EPS VS EstimatesTRP-PR-D.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3 4 5

More info and screens

Find the best growth stocksShow best growing peers

8

4. TRP-PR-D.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.00, the valuation of TRP-PR-D can be described as very cheap.
  • 90.91% of the companies in the same industry are more expensive than TRP-PR-D, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.11. TRP-PR-D is valued rather cheaply when compared to this.
  • With a Price/Forward Earnings ratio of 6.63, 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 92.82% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.12. TRP-PR-D is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7
Fwd PE 6.63
TRP-PR-D.CA Price Earnings VS Forward Price EarningsTRP-PR-D.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRP-PR-D indicates a somewhat cheap valuation: TRP-PR-D is cheaper than 72.25% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, TRP-PR-D is valued cheaper than 82.78% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.45
EV/EBITDA 8.51
TRP-PR-D.CA Per share dataTRP-PR-D.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • TRP-PR-D's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • TRP-PR-D has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.27
PEG (5Y)N/A
EPS Next 2Y5.24%
EPS Next 3Y6.88%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. TRP-PR-D.CA Dividend Analysis

5.1 Amount

  • TRP-PR-D has a Yearly Dividend Yield of 5.59%, which is a nice return.
  • TRP-PR-D's Dividend Yield is a higher than the industry average which is at 4.73.
  • Compared to an average S&P500 Dividend Yield of 1.91, TRP-PR-D pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.59%

5.2 History

  • The dividend of TRP-PR-D has a limited annual growth rate of 0.77%.
  • 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)0.77%
Div Incr Years1
Div Non Decr Years4
TRP-PR-D.CA Yearly Dividends per shareTRP-PR-D.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1

5.3 Sustainability

  • TRP-PR-D pays out 106.50% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of TRP-PR-D is growing, but earnings are growing more, so the dividend growth is sustainable.
DP106.5%
EPS Next 2Y5.24%
EPS Next 3Y6.88%
TRP-PR-D.CA Yearly Income VS Free CF VS DividendTRP-PR-D.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B
TRP-PR-D.CA Dividend Payout.TRP-PR-D.CA Dividend Payout, showing the Payout Ratio.TRP-PR-D.CA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

TRP-PR-D.CA Fundamentals: All Metrics, Ratios and Statistics

TC ENERGY CORP - TRPCN 5.985 PERP

TSX:TRP-PR-D (3/17/2026, 7:00:00 PM)

24.64

+0.06 (+0.24%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)04-29
Inst Owners76.43%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap25.65B
Revenue(TTM)15.24B
Net Income(TTM)3.40B
Analysts72.8
Price Target24.57 (-0.28%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.59%
Yearly Dividend3.48
Dividend Growth(5Y)0.77%
DP106.5%
Div Incr Years1
Div Non Decr Years4
Ex-Date03-31
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.31%
Min EPS beat(2)-4.57%
Max EPS beat(2)5.19%
EPS beat(4)2
Avg EPS beat(4)0.26%
Min EPS beat(4)-4.57%
Max EPS beat(4)5.19%
EPS beat(8)5
Avg EPS beat(8)-3.86%
EPS beat(12)8
Avg EPS beat(12)-0.4%
EPS beat(16)10
Avg EPS beat(16)0.18%
Revenue beat(2)1
Avg Revenue beat(2)-0.21%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)0.31%
Revenue beat(4)3
Avg Revenue beat(4)2.06%
Min Revenue beat(4)-0.72%
Max Revenue beat(4)4.32%
Revenue beat(8)5
Avg Revenue beat(8)-5.88%
Revenue beat(12)7
Avg Revenue beat(12)-3.74%
Revenue beat(16)10
Avg Revenue beat(16)-2.1%
PT rev (1m)0.58%
PT rev (3m)-2.38%
EPS NQ rev (1m)-2.88%
EPS NQ rev (3m)-2.56%
EPS NY rev (1m)-1.93%
EPS NY rev (3m)-1.58%
Revenue NQ rev (1m)1.54%
Revenue NQ rev (3m)1.99%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)-0.1%
Valuation
Industry RankSector Rank
PE 7
Fwd PE 6.63
P/S 1.68
P/FCF 12.45
P/OCF 3.49
P/B 0.94
P/tB 1.84
EV/EBITDA 8.51
EPS(TTM)3.52
EY14.29%
EPS(NY)3.71
Fwd EY15.07%
FCF(TTM)1.98
FCFY8.03%
OCF(TTM)7.06
OCFY28.64%
SpS14.64
BVpS26.22
TBVpS13.36
PEG (NY)1.27
PEG (5Y)N/A
Graham Number45.57
Profitability
Industry RankSector Rank
ROA 2.86%
ROE 12.46%
ROCE 6.22%
ROIC 5.03%
ROICexc 5.11%
ROICexgc 5.83%
OM 44.37%
PM (TTM) 22.31%
GM 69.69%
FCFM 13.52%
ROA(3y)3%
ROA(5y)2.26%
ROE(3y)12.89%
ROE(5y)9.2%
ROIC(3y)4.55%
ROIC(5y)4.69%
ROICexc(3y)4.65%
ROICexc(5y)4.76%
ROICexgc(3y)5.29%
ROICexgc(5y)5.43%
ROCE(3y)5.6%
ROCE(5y)5.9%
ROICexgc growth 3Y1.8%
ROICexgc growth 5Y-0.95%
ROICexc growth 3Y1.97%
ROICexc growth 5Y-0.45%
OM growth 3Y3.02%
OM growth 5Y-0.12%
PM growth 3Y73.39%
PM growth 5Y-8.23%
GM growth 3Y1.29%
GM growth 5Y-0.14%
F-Score7
Asset Turnover0.13
Health
Industry RankSector Rank
Debt/Equity 2.15
Debt/FCF 29.22
Debt/EBITDA 6.15
Cap/Depr 190.9%
Cap/Sales 34.69%
Interest Coverage 2.06
Cash Conversion 77.07%
Profit Quality 60.59%
Current Ratio 0.63
Quick Ratio 0.56
Altman-Z 0.38
F-Score7
WACC6.32%
ROIC/WACC0.8
Cap/Depr(3y)237.43%
Cap/Depr(5y)241.5%
Cap/Sales(3y)47.43%
Cap/Sales(5y)46.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.63%
EPS 3Y-6.45%
EPS 5Y-3.47%
EPS Q2Q%88.46%
EPS Next Y5.52%
EPS Next 2Y5.24%
EPS Next 3Y6.88%
EPS Next 5Y7.15%
Revenue 1Y (TTM)10.66%
Revenue growth 3Y0.58%
Revenue growth 5Y3.23%
Sales Q2Q%206.47%
Revenue Next Year6.33%
Revenue Next 2Y4.22%
Revenue Next 3Y4.58%
Revenue Next 5Y4.68%
EBIT growth 1Y16.87%
EBIT growth 3Y3.61%
EBIT growth 5Y3.1%
EBIT Next Year49.22%
EBIT Next 3Y17.43%
EBIT Next 5Y12.4%
FCF growth 1Y53.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.55%
OCF growth 3Y4.84%
OCF growth 5Y0.8%

TC ENERGY CORP - TRPCN 5.985 PERP / TRP-PR-D.CA Fundamental Analysis 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 5 / 10 to TRP-PR-D.CA.


What is the valuation status for TRP-PR-D stock?

ChartMill assigns a valuation rating of 8 / 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.


Can you provide the financial health for TRP-PR-D stock?

The financial health rating of TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) is 2 / 10.


Is the dividend of TC ENERGY CORP - TRPCN 5.985 PERP sustainable?

The dividend rating of TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) is 6 / 10 and the dividend payout ratio is 106.5%.