TC ENERGY CORP - TRPCN 3.47 PERP (TRP-PR-H.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:TRP-PR-H • CA87807B5036
17.2 CAD
-0.01 (-0.06%)
Last: Jan 29, 2026, 07:00 PM
Taking everything into account, TRP-PR-H scores 5 out of 10 in our fundamental rating. TRP-PR-H was compared to 216 industry peers in the Oil, Gas & Consumable Fuels industry. While TRP-PR-H belongs to the best of the industry regarding profitability, there are concerns on its financial health. TRP-PR-H is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year TRP-PR-H was profitable.
- TRP-PR-H had a positive operating cash flow in the past year.
- Each year in the past 5 years TRP-PR-H has been profitable.
- Each year in the past 5 years TRP-PR-H had a positive operating cash flow.
1.2 Ratios
- TRP-PR-H has a better Return On Assets (2.82%) than 72.22% of its industry peers.
- The Return On Equity of TRP-PR-H (12.35%) is better than 88.89% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.97%, TRP-PR-H is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for TRP-PR-H is below the industry average of 6.50%.
| 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
- Looking at the Profit Margin, with a value of 27.28%, TRP-PR-H belongs to the top of the industry, outperforming 93.52% of the companies in the same industry.
- TRP-PR-H's Profit Margin has improved in the last couple of years.
- TRP-PR-H's Operating Margin of 44.41% is amongst the best of the industry. TRP-PR-H outperforms 97.22% of its industry peers.
- In the last couple of years the Operating Margin of TRP-PR-H has remained more or less at the same level.
- TRP-PR-H's Gross Margin of 69.05% is amongst the best of the industry. TRP-PR-H outperforms 88.43% of its industry peers.
- In the last couple of years the Gross Margin of TRP-PR-H 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
- TRP-PR-H has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, TRP-PR-H has about the same amount of shares outstanding.
- The number of shares outstanding for TRP-PR-H has been increased compared to 5 years ago.
- Compared to 1 year ago, TRP-PR-H has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.26, we must say that TRP-PR-H is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of TRP-PR-H (0.26) is worse than 62.96% of its industry peers.
- The Debt to FCF ratio of TRP-PR-H is 31.45, which is on the high side as it means it would take TRP-PR-H, 31.45 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 31.45, TRP-PR-H is in the better half of the industry, outperforming 60.65% of the companies in the same industry.
- TRP-PR-H has a Debt/Equity ratio of 2.13. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 2.13, TRP-PR-H is doing worse than 70.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.13 | ||
| Debt/FCF | 31.45 | ||
| Altman-Z | 0.26 |
ROIC/WACC0.59
WACC6.79%
2.3 Liquidity
- TRP-PR-H has a Current Ratio of 0.63. This is a bad value and indicates that TRP-PR-H is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of TRP-PR-H (0.63) is comparable to the rest of the industry.
- A Quick Ratio of 0.56 indicates that TRP-PR-H may have some problems paying its short term obligations.
- TRP-PR-H's Quick ratio of 0.56 is in line compared to the rest of the industry. TRP-PR-H outperforms 42.59% 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-H have decreased strongly by -32.89% in the last year.
- TRP-PR-H shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.06% yearly.
- TRP-PR-H shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -25.33%.
- TRP-PR-H shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.77% yearly.
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-H will show a small growth in Earnings Per Share. The EPS will grow by 3.33% on average per year.
- TRP-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.71% yearly.
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
- Based on the Price/Earnings ratio of 5.62, the valuation of TRP-PR-H can be described as very cheap.
- 94.44% of the companies in the same industry are more expensive than TRP-PR-H, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 28.41. TRP-PR-H is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 4.54, which indicates a rather cheap valuation of TRP-PR-H.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TRP-PR-H indicates a rather cheap valuation: TRP-PR-H is cheaper than 96.76% of the companies listed in the same industry.
- TRP-PR-H is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.64, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.62 | ||
| Fwd PE | 4.54 |
4.2 Price Multiples
- TRP-PR-H's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TRP-PR-H is cheaper than 69.91% of the companies in the same industry.
- TRP-PR-H's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TRP-PR-H is cheaper than 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.18 | ||
| EV/EBITDA | 9.06 |
4.3 Compensation for Growth
- TRP-PR-H has a very decent profitability rating, which 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 4.26%, TRP-PR-H is a good candidate for dividend investing.
- TRP-PR-H's Dividend Yield is a higher than the industry average which is at 3.01.
- Compared to an average S&P500 Dividend Yield of 1.83, TRP-PR-H pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
- On average, the dividend of TRP-PR-H grows each year by 13.09%, which is quite nice.
- TRP-PR-H has paid a dividend for at least 10 years, which is a reliable track record.
- TRP-PR-H 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-H pays out 110.00% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of TRP-PR-H 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 3.47 PERP
TSX:TRP-PR-H (1/29/2026, 7:00:00 PM)
17.2
-0.01 (-0.06%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-13 2026-02-13/amc
Inst Owners83.73%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap17.91B
Revenue(TTM)12.43B
Net Income(TTM)3.39B
Analysts74.4
Price Target18.29 (6.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend3.9
Dividend Growth(5Y)13.09%
DP110%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
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)2.39%
PT rev (3m)8.26%
EPS NQ rev (1m)-1.57%
EPS NQ rev (3m)-3.34%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)-3.25%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)0.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.62 | ||
| Fwd PE | 4.54 | ||
| P/S | 1.44 | ||
| P/FCF | 9.18 | ||
| P/OCF | 2.38 | ||
| P/B | 0.65 | ||
| P/tB | 1.26 | ||
| EV/EBITDA | 9.06 |
EPS(TTM)3.06
EY17.79%
EPS(NY)3.79
Fwd EY22.02%
FCF(TTM)1.87
FCFY10.9%
OCF(TTM)7.24
OCFY42.09%
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 | 0.26 |
F-Score5
WACC6.79%
ROIC/WACC0.59
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-5.65%
EPS Next 2Y0.77%
EPS Next 3Y1.89%
EPS Next 5Y3.33%
Revenue 1Y (TTM)-25.33%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-9.28%
Revenue Next Year-3.6%
Revenue Next 2Y1.19%
Revenue Next 3Y1.77%
Revenue Next 5Y2.71%
EBIT growth 1Y-20.42%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year29.76%
EBIT Next 3Y13.14%
EBIT Next 5Y9.48%
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 3.47 PERP / TRP-PR-H.CA FAQ
What is the ChartMill fundamental rating of TC ENERGY CORP - TRPCN 3.47 PERP (TRP-PR-H.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TRP-PR-H.CA.
What is the valuation status for TRP-PR-H stock?
ChartMill assigns a valuation rating of 8 / 10 to TC ENERGY CORP - TRPCN 3.47 PERP (TRP-PR-H.CA). This can be considered as Undervalued.
What is the profitability of TRP-PR-H stock?
TC ENERGY CORP - TRPCN 3.47 PERP (TRP-PR-H.CA) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for TRP-PR-H stock?
The Price/Earnings (PE) ratio for TC ENERGY CORP - TRPCN 3.47 PERP (TRP-PR-H.CA) is 5.62 and the Price/Book (PB) ratio is 0.65.
How sustainable is the dividend of TC ENERGY CORP - TRPCN 3.47 PERP (TRP-PR-H.CA) stock?
The dividend rating of TC ENERGY CORP - TRPCN 3.47 PERP (TRP-PR-H.CA) is 6 / 10 and the dividend payout ratio is 110%.