TC ENERGY CORP - TRPCN 3.351 PERP (TRP-PR-G.CA) Stock Fundamental Analysis
TSX:TRP-PR-G - Toronto Stock Exchange - CA87807B8592 - Currency: CAD
Taking everything into account, TRP-PR-G scores 4 out of 10 in our fundamental rating. TRP-PR-G was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While TRP-PR-G has a great profitability rating, there are quite some concerns on its financial health. TRP-PR-G has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year TRP-PR-G was profitable.
In the past year TRP-PR-G had a positive cash flow from operations.
TRP-PR-G had positive earnings in each of the past 5 years.
TRP-PR-G had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TRP-PR-G has a better Return On Assets (3.62%) than 70.00% of its industry peers.
TRP-PR-G has a better Return On Equity (15.78%) than 85.71% of its industry peers.
TRP-PR-G has a Return On Invested Capital (3.94%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for TRP-PR-G is below the industry average of 7.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.62% | ||
| ROE | 15.78% | ||
| ROIC | 3.94% |
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-G (33.22%) is better than 89.05% of its industry peers.
In the last couple of years the Profit Margin of TRP-PR-G has grown nicely.
TRP-PR-G's Operating Margin of 42.10% is amongst the best of the industry. TRP-PR-G outperforms 91.43% of its industry peers.
In the last couple of years the Operating Margin of TRP-PR-G has remained more or less at the same level.
Looking at the Gross Margin, with a value of 68.14%, TRP-PR-G belongs to the top of the industry, outperforming 81.43% of the companies in the same industry.
In the last couple of years the Gross Margin of TRP-PR-G has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.1% | ||
| PM (TTM) | 33.22% | ||
| GM | 68.14% |
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-G has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TRP-PR-G has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, TRP-PR-G has more shares outstanding
The debt/assets ratio for TRP-PR-G has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.34, we must say that TRP-PR-G is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.34, TRP-PR-G is doing worse than 60.48% of the companies in the same industry.
TRP-PR-G has a debt to FCF ratio of 84.11. This is a negative value and a sign of low solvency as TRP-PR-G would need 84.11 years to pay back of all of its debts.
The Debt to FCF ratio of TRP-PR-G (84.11) is comparable to the rest of the industry.
TRP-PR-G has a Debt/Equity ratio of 2.15. This is a high value indicating a heavy dependency on external financing.
TRP-PR-G has a Debt to Equity ratio of 2.15. This is amonst the worse of the industry: TRP-PR-G underperforms 81.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.15 | ||
| Debt/FCF | 84.11 | ||
| Altman-Z | 0.34 |
ROIC/WACC0.53
WACC7.49%
2.3 Liquidity
TRP-PR-G has a Current Ratio of 0.70. This is a bad value and indicates that TRP-PR-G is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of TRP-PR-G (0.70) is worse than 63.33% of its industry peers.
A Quick Ratio of 0.63 indicates that TRP-PR-G may have some problems paying its short term obligations.
TRP-PR-G has a Quick ratio of 0.63. This is in the lower half of the industry: TRP-PR-G underperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for TRP-PR-G have decreased strongly by -24.40% in the last year.
Measured over the past years, TRP-PR-G 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-G shows a very negative growth in Revenue. The Revenue has decreased by -19.07% in the last year.
Measured over the past years, TRP-PR-G shows a small growth in Revenue. The Revenue has been growing by 0.77% on average per year.
EPS 1Y (TTM)-24.4%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-23.39%
Revenue 1Y (TTM)-19.07%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-14.61%
3.2 Future
The Earnings Per Share is expected to grow by 4.69% on average over the next years.
The Revenue is expected to grow by 3.22% on average over the next years.
EPS Next Y2.08%
EPS Next 2Y4.59%
EPS Next 3Y3.37%
EPS Next 5Y4.69%
Revenue Next Year-7.6%
Revenue Next 2Y0.32%
Revenue Next 3Y1.15%
Revenue Next 5Y3.22%
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
The Price/Earnings ratio is 7.14, which indicates a rather cheap valuation of TRP-PR-G.
Compared to the rest of the industry, the Price/Earnings ratio of TRP-PR-G indicates a rather cheap valuation: TRP-PR-G is cheaper than 86.19% of the companies listed in the same industry.
TRP-PR-G is valuated cheaply when we compare the Price/Earnings ratio to 27.91, which is the current average of the S&P500 Index.
TRP-PR-G is valuated cheaply with a Price/Forward Earnings ratio of 6.02.
TRP-PR-G's Price/Forward Earnings ratio is rather cheap when compared to the industry. TRP-PR-G is cheaper than 88.10% of the companies in the same industry.
TRP-PR-G is valuated cheaply when we compare the Price/Forward Earnings ratio to 37.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.14 | ||
| Fwd PE | 6.02 |
4.2 Price Multiples
TRP-PR-G's Enterprise Value to EBITDA ratio is in line with the industry average.
TRP-PR-G's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.64 | ||
| EV/EBITDA | 10.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TRP-PR-G has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.43
PEG (5Y)N/A
EPS Next 2Y4.59%
EPS Next 3Y3.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.42%, TRP-PR-G is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.32, TRP-PR-G pays a better dividend. On top of this TRP-PR-G pays more dividend than 91.90% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, TRP-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.42% |
5.2 History
On average, the dividend of TRP-PR-G grows each year by 13.09%, which is quite nice.
TRP-PR-G has been paying a dividend for at least 10 years, so it has a reliable track record.
TRP-PR-G has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.09%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
90.34% of the earnings are spent on dividend by TRP-PR-G. This is not a sustainable payout ratio.
The dividend of TRP-PR-G is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP90.34%
EPS Next 2Y4.59%
EPS Next 3Y3.37%
TC ENERGY CORP - TRPCN 3.351 PERP
TSX:TRP-PR-G (7/29/2025, 7:00:00 PM)
24.55
0 (0%)
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 Cap25.53B
Analysts73.33
Price Target27.63 (12.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.42% |
Yearly Dividend3.9
Dividend Growth(5Y)13.09%
DP90.34%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.85%
Min EPS beat(2)-48.32%
Max EPS beat(2)-3.38%
EPS beat(4)2
Avg EPS beat(4)-10.64%
Min EPS beat(4)-48.32%
Max EPS beat(4)7.33%
EPS beat(8)5
Avg EPS beat(8)-1.64%
EPS beat(12)8
Avg EPS beat(12)-0.13%
EPS beat(16)9
Avg EPS beat(16)0.35%
Revenue beat(2)1
Avg Revenue beat(2)-29.46%
Min Revenue beat(2)-63.24%
Max Revenue beat(2)4.32%
Revenue beat(4)3
Avg Revenue beat(4)-12.67%
Min Revenue beat(4)-63.24%
Max Revenue beat(4)6.32%
Revenue beat(8)5
Avg Revenue beat(8)-6%
Revenue beat(12)8
Avg Revenue beat(12)-2.83%
Revenue beat(16)8
Avg Revenue beat(16)-3.32%
PT rev (1m)-0.22%
PT rev (3m)10.82%
EPS NQ rev (1m)0.72%
EPS NQ rev (3m)-10.17%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.56%
Revenue NQ rev (3m)1.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.14 | ||
| Fwd PE | 6.02 | ||
| P/S | 1.94 | ||
| P/FCF | 34.64 | ||
| P/OCF | 3.62 | ||
| P/B | 0.92 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 10.02 |
EPS(TTM)3.44
EY14.01%
EPS(NY)4.08
Fwd EY16.62%
FCF(TTM)0.71
FCFY2.89%
OCF(TTM)6.79
OCFY27.65%
SpS12.65
BVpS26.63
TBVpS13.51
PEG (NY)3.43
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.62% | ||
| ROE | 15.78% | ||
| ROCE | 5.02% | ||
| ROIC | 3.94% | ||
| ROICexc | 4.02% | ||
| ROICexgc | 4.6% | ||
| OM | 42.1% | ||
| PM (TTM) | 33.22% | ||
| GM | 68.14% | ||
| FCFM | 5.6% |
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-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.15 | ||
| Debt/FCF | 84.11 | ||
| Debt/EBITDA | 7.18 | ||
| Cap/Depr | 230.18% | ||
| Cap/Sales | 48.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.22% | ||
| Profit Quality | 16.87% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.34 |
F-Score4
WACC7.49%
ROIC/WACC0.53
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)-24.4%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-23.39%
EPS Next Y2.08%
EPS Next 2Y4.59%
EPS Next 3Y3.37%
EPS Next 5Y4.69%
Revenue 1Y (TTM)-19.07%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-14.61%
Revenue Next Year-7.6%
Revenue Next 2Y0.32%
Revenue Next 3Y1.15%
Revenue Next 5Y3.22%
EBIT growth 1Y-19.58%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year30.13%
EBIT Next 3Y12.83%
EBIT Next 5Y10.98%
FCF growth 1Y267.5%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y4.72%
OCF growth 3Y3.76%
OCF growth 5Y1.68%