TC ENERGY CORP - TRPCN 4.1 PERP (TRP-PR-F.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:TRP-PR-F • CA87807B3056
19.95 CAD
-0.05 (-0.25%)
Last: Jan 29, 2026, 07:00 PM
Taking everything into account, TRP-PR-F scores 5 out of 10 in our fundamental rating. TRP-PR-F was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. While TRP-PR-F has a great profitability rating, there are quite some concerns on its financial health. TRP-PR-F has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
- In the past year TRP-PR-F was profitable.
- TRP-PR-F had a positive operating cash flow in the past year.
- Each year in the past 5 years TRP-PR-F has been profitable.
- In the past 5 years TRP-PR-F always reported a positive cash flow from operatings.
1.2 Ratios
- With a decent Return On Assets value of 2.82%, TRP-PR-F is doing good in the industry, outperforming 69.42% of the companies in the same industry.
- The Return On Equity of TRP-PR-F (12.35%) is better than 86.89% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.97%, TRP-PR-F is in the better half of the industry, outperforming 60.19% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for TRP-PR-F is below the industry average of 6.62%.
| 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-F has a better Profit Margin (27.28%) than 91.75% of its industry peers.
- TRP-PR-F's Profit Margin has improved in the last couple of years.
- TRP-PR-F's Operating Margin of 44.41% is amongst the best of the industry. TRP-PR-F outperforms 95.63% of its industry peers.
- TRP-PR-F's Operating Margin has been stable in the last couple of years.
- The Gross Margin of TRP-PR-F (69.05%) is better than 86.89% of its industry peers.
- TRP-PR-F's Gross Margin has been stable in the last couple of years.
| 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-F has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- TRP-PR-F has about the same amout of shares outstanding than it did 1 year ago.
- TRP-PR-F has more shares outstanding than it did 5 years ago.
- TRP-PR-F has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.27, we must say that TRP-PR-F is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.27, TRP-PR-F is not doing good in the industry: 63.11% of the companies in the same industry are doing better.
- TRP-PR-F has a debt to FCF ratio of 31.45. This is a negative value and a sign of low solvency as TRP-PR-F would need 31.45 years to pay back of all of its debts.
- TRP-PR-F's Debt to FCF ratio of 31.45 is in line compared to the rest of the industry. TRP-PR-F outperforms 57.77% of its industry peers.
- A Debt/Equity ratio of 2.13 is on the high side and indicates that TRP-PR-F has dependencies on debt financing.
- TRP-PR-F has a Debt to Equity ratio of 2.13. This is in the lower half of the industry: TRP-PR-F underperforms 73.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.13 | ||
| Debt/FCF | 31.45 | ||
| Altman-Z | 0.27 |
ROIC/WACC0.56
WACC7.08%
2.3 Liquidity
- A Current Ratio of 0.63 indicates that TRP-PR-F may have some problems paying its short term obligations.
- With a Current ratio value of 0.63, TRP-PR-F is not doing good in the industry: 61.16% of the companies in the same industry are doing better.
- A Quick Ratio of 0.56 indicates that TRP-PR-F may have some problems paying its short term obligations.
- TRP-PR-F's Quick ratio of 0.56 is on the low side compared to the rest of the industry. TRP-PR-F is outperformed by 60.68% 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-F have decreased strongly by -32.89% in the last year.
- TRP-PR-F shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.06% yearly.
- TRP-PR-F shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -25.33%.
- 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-F will show a small growth in Earnings Per Share. The EPS will grow by 3.33% on average per year.
- Based on estimates for the next years, TRP-PR-F will show a small growth in Revenue. The Revenue will grow by 2.71% on average per year.
EPS Next Y-5.65%
EPS Next 2Y0.77%
EPS Next 3Y1.89%
EPS Next 5Y3.33%
Revenue Next Year-3.6%
Revenue Next 2Y1.19%
Revenue Next 3Y1.77%
Revenue Next 5Y2.71%
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
- With a Price/Earnings ratio of 6.52, the valuation of TRP-PR-F can be described as very cheap.
- TRP-PR-F's Price/Earnings ratio is rather cheap when compared to the industry. TRP-PR-F is cheaper than 92.72% of the companies in the same industry.
- When comparing the Price/Earnings ratio of TRP-PR-F to the average of the S&P500 Index (28.30), we can say TRP-PR-F is valued rather cheaply.
- The Price/Forward Earnings ratio is 5.27, which indicates a rather cheap valuation of TRP-PR-F.
- 94.66% of the companies in the same industry are more expensive than TRP-PR-F, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. TRP-PR-F is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.52 | ||
| Fwd PE | 5.27 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRP-PR-F indicates a somewhat cheap valuation: TRP-PR-F is cheaper than 61.65% of the companies listed in the same industry.
- TRP-PR-F's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TRP-PR-F is cheaper than 85.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.64 | ||
| EV/EBITDA | 9.4 |
4.3 Compensation for Growth
- The decent profitability rating of TRP-PR-F may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.77%
EPS Next 3Y1.89%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.48%, TRP-PR-F is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.29, TRP-PR-F pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, TRP-PR-F pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
5.2 History
- The dividend of TRP-PR-F is nicely growing with an annual growth rate of 13.09%!
- TRP-PR-F has been paying a dividend for at least 10 years, so it has a reliable track record.
- TRP-PR-F has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.09%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- TRP-PR-F pays out 110.00% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of TRP-PR-F is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP110%
EPS Next 2Y0.77%
EPS Next 3Y1.89%
TC ENERGY CORP - TRPCN 4.1 PERP / TRP-PR-F.CA FAQ
What is the fundamental rating for TRP-PR-F stock?
ChartMill assigns a fundamental rating of 5 / 10 to TRP-PR-F.CA.
Can you provide the valuation status for TC ENERGY CORP - TRPCN 4.1 PERP?
ChartMill assigns a valuation rating of 8 / 10 to TC ENERGY CORP - TRPCN 4.1 PERP (TRP-PR-F.CA). This can be considered as Undervalued.
How profitable is TC ENERGY CORP - TRPCN 4.1 PERP (TRP-PR-F.CA) stock?
TC ENERGY CORP - TRPCN 4.1 PERP (TRP-PR-F.CA) has a profitability rating of 7 / 10.
What is the expected EPS growth for TC ENERGY CORP - TRPCN 4.1 PERP (TRP-PR-F.CA) stock?
The Earnings per Share (EPS) of TC ENERGY CORP - TRPCN 4.1 PERP (TRP-PR-F.CA) is expected to decline by -5.65% in the next year.
How sustainable is the dividend of TC ENERGY CORP - TRPCN 4.1 PERP (TRP-PR-F.CA) stock?
The dividend rating of TC ENERGY CORP - TRPCN 4.1 PERP (TRP-PR-F.CA) is 6 / 10 and the dividend payout ratio is 110%.